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PointsBet Sportsbook Sets Its Plan for Expansion
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The legal US sports betting market continues to expand at a high rate of growth. Business within states with legal sportsbooks in place is booming. More and more states are planning to open for business in the coming months. Established sports betting and gambling markets such as New Jersey and Pennsylvania are setting monthly records.…
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Twin River Banks on The Bally Name in Atlantic City
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The mega-merger between El Dorado Resorts and Caesars Entertainment closed earlier this summer. In order to gain approval from casino regulators in several states, certain concessions were required. This mainly involved selling off certain properties to avoid a possible monopoly situation. One of the stipulations in New Jersey was selling off Bally’s Atlantic City. Twin…
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Election Day Looms Big For Legal Sports Betting and Casino Expansion
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The top storyline for election day on Nov. 3 was the race for president between Donald Trump and Joe Biden. However, voters in more than a few states will also get to decide the direction certain forms of legal gambling take in the coming months and years. Casinos such as Hollywood Casino, HardRock Online Casino,…
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DraftKings Takes an International Approach to Latest Expansion
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DraftKings Sportsbook has been in the news on a regular basis these past few months. Newly formed strategic partnerships have forged the way for the company’s rapid expansion in the legal US sports betting market.More recently, DraftKings has turned its attention to its international aspirations for growth. Its newest strategic partner is Peermont Hotels, Gaming…
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DraftKings and FanDuel Ink New Strategic Partnerships
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The emerging US sports betting industry could be compared to a major graded stakes race for Thoroughbreds. The frontrunners continue to jockey for position at the head of the pack while the rest of the field looks to close some ground. Two major frontrunners in this industry are DraftKings and FanDuel. Each gained recognition for…
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New Jersey Breaks Its Own Record With September’s Sports Betting Handle
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Records have been falling left and right in the legal US sports betting industry. Individual states are posting some impressive numbers in recent months led by New Jersey. The Garden State set the new record for a total monthly sports handle in August with $668 million in wagers. It went on to shatter that record…