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DraftKings Still Has Global Aspirations for Expansion
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As the No. 2 sportsbook operator in the legal US sports betting industry, DraftKings has made a major impact in the marketplace. This actually started years ago as one of the top two daily fantasy sports (DFS) sites. Based in Boston, DraftKings continues to aggressively expand its market presence in most states with legal sports…
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FanDuel and DraftKings Identified as Suitors for Sports Media Property
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Strategic agreements between legal US sportsbook operators and media properties have become rather common. Each party becomes a natural fit for promoting joint marketing efforts. One of the latest industry rumors points to an actual buyout of a major sports media entity by a major sportsbook operator. The Attraction of The Athletic The Athletic is…
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Seminole Betting Agreement Paves Way for Sportsbook Launch
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Florida’s Seminole Tribe made history on Nov. 1 with the official launch of the Hard Rock Sportsbook mobile betting app. This was the culmination of a long and arduous process to legalize sports betting in the Sunshine State. The Sports Betting Legalization Process The first step was the successful negotiation of an amended gaming compact…
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New Jersey Parlays a Big Sports Betting Month Into Another Record Handle
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The long hot summer is a distant memory for New Jersey’s legal sportsbook operators. After suffering through that summer slowdown, the Garden State has set betting volume records in back-to-back months. New Jersey had come close to surpassing $1 billion in monthly volume in two previous months. That plateau was finally crossed when the state’s…
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Mississippi and Arkansas Move Closer to Legal Mobile Sports Betting
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In general, the South has always been reluctant to expand legal gambling in one form or another. Even in some states where sports betting had been legalized, it has also been confined to limited locations. Two prime examples are Mississippi and Arkansas. Each of these southeastern states were quick to legalize retail sport betting following…
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Illinois Moves Away From In-Person Online Sportsbook Registration
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In certain states where online sports betting is legal, new customers must first sign-up for an online account at a land-based gaming venue. As a major deterrent towards the expansion of legal online sports betting, more and more states are reversing their position on this requirement. Illinois has been a very successful market for legal…
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