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MGM Resorts Seeks More Control of BetMGM
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A few weeks back, DraftKings submitted a $22.2 billion-dollar offer to buy UK-sports betting giant Entain. While that deal is still very much up in the air, MGM Resorts is deeply involved in the future outcome. An existing partnership between MGM Resorts and Entain led to the creation of BetMGM. This US-based mobile sportsbook has…
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ESPN Continues to Plan Its Future in Legal US Sports Betting Industry
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Earlier this year, it was reported that ESPN was negotiating a possible partnership with Caesars Entertainment or DraftKings. The nature of those discussions centered on potential sports betting collaboration using the ESPN brand. Nothing concrete came from those talks as ESPN continues to tread lightly into the idea of a branded sportsbook. However, the worldwide…
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Louisiana Legal Sports Betting Goes Live at Tribal Casino
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The state of Louisiana was hoping to go live with legal sports betting at the start of September. The timing was tied to the start of the new football season. Like many other states that have worked through the process, delays are inevitable. Going back to a Louisiana voter referendum in the 2021 November general…
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DraftKings Edges Out FanDuel for September Downloads
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The new football season brought quite a few new sports bettors into the fold. This has been measured by Morgan Stanley in terms of fans downloading legal sports betting apps. That company’s research noted a 183% gain in the month of September. This report covered the number of downloads for all legal US sportsbook mobile…
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Is Micro Sports Betting the Next Big Thing?
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The modern-day US sports betting industry only dates back to May of 2018. That is when the US Supreme Court ruled in favor of a state’s right to govern and regulate sports betting within its borders. In a very short amount of time, this fledgling industry has evolved into a major financial power. The immediate…
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Genius Sports Expands Partnership With Entain and BetMGM
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Genius Sports is busy making the most of its new deal with the NFL. The sports data and technology company made headlines earlier this year by becoming the official gambling data company of the world’s biggest betting league. The cost of this distinction ran into hundreds of millions in both cash and company stock. Ever…