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Stock in DraftKings Rising With New Public Share Offering
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The entire sports betting industry has been negatively impacted with the shutdown of major sports leagues due to the coronavirus pandemic. The NBA and NHL seasons have been on hold since mid-March and the new MLB season never even got off the ground. Heading into the second half of June, a slow recovery is underway…
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Epic Las Vegas Casino Deal Set to Close as Planned
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Eldorado Resorts stunned the gaming industry last year with its $17.3 billion offer to acquire Caesars Entertainment, one of the leading gambling companies on the New Jersey Casino and Nevada Casino markets. Heading into the summer of 2020 amid a full-blown health crisis with the coronavirus outbreak, the deal remains on track to close this…
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The Denver Broncos Ink Historic Sponsorship Deals With a Pair of Online Sportsbooks
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The NFL, as a league, was once vehemently opposed to any form of legal sports betting in the US. In fact, it was part of a federal lawsuit against New Jersey in that state’s fight to control NJ sports betting within its own borders. The US Supreme Court ruled in favor of New Jersey and…
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Pennsylvania’s Second Biggest Casino Adds Sports Betting
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Wind Creek Bethlehem is the second biggest casino in Pennsylvania when it comes to total gaming revenue. This is according to the state’s Gaming Control Board figures from 2019. The biggest gaming venue in the Keystone State is Parx Casino near Philadelphia. Currently the best online casino offers in PA are the Unibet Bonus Code…
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Online Sportsbooks Post Betting Spreads for Every 2020 NFL Game
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The current coronavirus health crisis continues to have a major impact on live sports and sporting events. In turn, this has had a major impact on sports betting since everything came to a screeching halt in mid-March. In response to the absence of live sports, NJ online sportsbooks turned to the NFL as the cash…
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New Jersey Online Gambling Nets Close to $100 Million in May
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New Jersey’s Atlantic City land-based casinos are still waiting for the governor’s approval to reopen for business. They have been shuttered since mid-March due to the coronavirus pandemic. The best-case scenario appears to the busy 4th of July weekend as a potential time frame. In the absence of land-based casino gambling and NJ online sports…