Tagged fanduel

March 13, 2020

Latest Casino and Gambling News, Sports betting, New Jersey

February was a good month for sports betting in New Jersey, as players placed almost $500 million in sports bets. The sportsbooks took in exactly $494.8 million, with the majority of those bets placed online. T...

Detroit casinos kick off legal sports betting in Michigan

March 12, 2020

NCAA, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino News, Online gambling regulation, Gaming Industry News, Sports betting, Mergers, Acquisitions & Partnerships, Michigan

Michigan has joined neighboring Illinois in launching legal retail sports wagering this week after on Tuesday the state's gaming control board gave final approval to Detroit's three commercial casinos. The m...

Basketball the top wagering choice in February for Indiana sports bettors

March 12, 2020

Latest Casino and Gambling News, Sports betting, Indiana

The February sports betting reports are in for Indiana, and the top sport for the month was basketball. With more than $187 million bets placed, over $90 million resulted from basketball wagers. The month was a...

Pennsylvania sees record-setting January via sports betting handle and revenues

February 20, 2020

Latest Casino and Gambling News, Sports betting, Pennsylvania

Sports betting continues to grow in the state of Pennsylvania. Official data was released this week for the month of January, showing $348.4 million in wagers were placed. This broke the previous month’s record...

New Jersey on track to becoming America’s top sportsbetting market

February 13, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Taxation, New Jersey

The online and retail sportsbetting market of New Jersey could reportedly be well on its way to regularly becoming the nation’s most lucrative after posting a 285% increase year-on-year in January combined hand...

New York appellate court rules daily fantasy contests are illegal

February 7, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Fantasy Sports, New York

This week in New York, an appellate court ruled that a law from 2016 legalizing daily fantasy sports contests was in violation of the constitution’s prohibition on gambling. The future for major DFS companies l...

DraftKings and FanDuel to debut in Blackhawk, Colorado via separate partnership deals with Twin River

January 28, 2020

Latest Casino and Gambling News, Gaming Industry News, Colorado, Sports betting, Mergers, Acquisitions & Partnerships, Fantasy Sports, Licensing

On the heels of finalizing the acquisition of a trio of casinos in Blackhawk, Colorado and gaming company, Twin River Worldwide Holdings, Inc. (NYSE: TRWH), has now announced separate market access partnership ...

Indiana sportsbetting market experiences December delight

January 13, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Indiana

Online and land-based sportsbooks in Indiana reportedly had a very successful December after posting a 29% increase month-on-month in aggregated adjusted gross gaming revenues to $12 million and contributing so...

New Jersey sportsbetting benefitting from New York punters

January 8, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, New Jersey, New York

November saw New Jersey chalk up record sportsbetting handle and revenues and it would now seem that a large proportion of this business came from online punters briefly travelling in from the neighboring state...

Indiana benefits from out-of-state and online sportsbetting interest

November 11, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Indiana

Online and land-based sportsbooks in Indiana reportedly had a very successful October thanks to a 161% increase month-on-month in aggregated handle to $91.7 million alongside a 34% rise in combined adjusted gro...

Official NFL Season in Full Swing and Online Sportsbooks Note Spike in Football Wagers

David Green

September 11, 2019

NFL, Sports betting

The official 2019/2020 National Football League (NFL) season has begun and sports betting is on the rise as a result. With the new and existing legalization of online sports betting in several states, the wager...

Daily fantasy sports now legal in Alabama

June 10, 2019

Latest Casino and Gambling News, Alabama, Fantasy Sports

The state of Alabama is welcoming back daily fantasy sports (DFS) with open arms. Legislation was passed recently and signed by Governor, Kay Ivey, legalizing DFS over three years after the activity was deemed ...

PA Gaming Control Board reports $3.38m in tax revenue from fantasy contests; Rivers Casino fined $90k

May 20, 2019

Latest Casino and Gambling News, Gaming Industry News, Taxation, Fines, Lawsuits & Litigation, Financial Press Releases, Pennsylvania

Fantasy contests in Pennsylvania generated $22,542,688 in the first 12 months of operation, which in turn, generated 3,381,403 in tax revenue for the northeastern U.S. state. The Pennsylvania Gaming Control ...

Colorado makes last-ditch effort to legalize sports betting