Wagering at Iowa’s online and retail sportsbooks slowed in April to less than $120 million, the lowest handle since December though an expected pullback in what is the beginning of the slower summer period in sports betting. But on the two-year anniversary of Gov. Kim Reynolds signing sports betting into law, Iowa sportsbooks have generated $101.1 million in operator revenue since the industry launched in 2019, giving the state’s sports betting industry a historic milestone on its second birthday, according to PlayIA.… Read the rest
Caesars Entertainment, Inc. announced a partnership with the Arizona Diamondbacks to launch mobile sports betting in Arizona and build a first-class sportsbook and bar concept on the plaza adjacent to the team’s home, Chase Field.
The deal simultaneously grants Caesars Entertainment mobile sports betting market access and exclusive sponsorship in sports betting and daily fantasy sports for the D-backs.… Read the rest
Underdog Fantasy announced the largest season long fantasy payout ever. A $3.5m season long NFL Best Ball tournament, with $1,000,001 to first place, Best Ball Mania II is now open for entry.
Best Ball, one of the four games currently offered by Underdog, is an innovative form of season long fantasy that requires no management after the draft.… Read the rest
Genius Sports Limited announced that it has agreed to acquire FanHub Media Holdings Pty Ltd, a leading provider of free-to-play (F2P) games and fan engagement solutions. Deal terms were not disclosed.
FanHub, founded in 2012, provides a suite of technology solutions built around three core service offerings: games, betting and social activation.… Read the rest
WynnBET opened its mobile sports book in Tennessee following approval from the Sports Wagering Committee of the Tennessee Education Lottery Corporation’s Board of Directors. Tennessee marks the sixth state where WynnBET has launched in less than nine months and is available for download anywhere in Tennessee on Apple and Android devices.… Read the rest
Virginia sportsbooks surpassed $300 million in wagering in March. The results were strong enough to give Virginia its first positive month of adjusted gross revenue, according to PlayVirginia.
Virginia sportsbooks attracted $304.1 million in bets in March, according to data released Friday by The Virginia Lottery. That is up 14.4% from $265.8 million in February wagers.… Read the rest
Kingpin.pro has exceeded $500,000 in proven handicapper winnings, making it one of the most profitable and proven handicapping apps in the world. Following the top three handicappers in NBA, MLB, NHL, NFL, Soccer, College Football and College Basketball would have yielded a sports bettor over $500,000 betting $1,000 per game – or 500 units at 1 unit per play. … Read the rest
Pala Interactive follows on from their successful launches of the Kindred Group’s Unibet brand in Pennsylvania and Indiana with the launch of the Unibet Sports book in Virginia.
Pala Interactive has integrated the Kambi Sports platform into Pala’s proprietary real money online gaming platform and continues to deliver on its multi-year license agreement with Kindred Group to serve and provide the group with a leading online gaming platform.… Read the rest
Heading into the Triple Crown season, TVG, America’s horse racing network and leading advanced-deposit wagering provider, has unveiled major upgrades to the TVG mobile wagering app as part of an ongoing commitment to provide horseplayers a best-in-class online wagering experience.
In addition, the network is introducing special features and on-demand video on its OTT platform, the WatchTVG app, in the lead-up to the Kentucky Derby.… Read the rest
Maryland’s sports betting market will be capable of attracting more than $200 million in gaming revenue on more than $3 billion in bets annually, which could then generate as much as $35 million in tax revenue for the state once the market matures, according to estimates of PlayMaryland.
When Gov. Larry Hogan signs the bill to officially legalize sports betting in Maryland, which is expected, the state will join 26 other U.S.… Read the rest
Colorado sportsbooks take in more than $300 million in wagers, bouncing back from February’s decline to post the second-highest volume month in the state’s first year of sports betting. The month was enough to push lifetime handle in Colorado past $2 billion, becoming the sixth U.S. state to reach the milestone just 11 months after launching, according to analysts from PlayColorado, which tracks the state’s regulated online gaming and sports betting market.… Read the rest
Chalkline has again partnered with TwinSpires, the official betting partner of the Kentucky Derby, to power the TwinSpires $1,000,000 Kentucky Derby Freeplay Challenge for the third year in a row.
The Twinspires Freeplay Challenge celebrates the 147th Run for the Roses, giving racing fans a chance to play along by answering 15 questions about this year’s event.… Read the rest
Because of the pandemic, the handle on the 2020 Kentucky Derby dropped significantly from the previous year. Handle on America’s signature horse race fell 49.8% from 2019. Churchill Downs didn’t run the race until September 5, four months after Derby’s traditional race day on the first Saturday in May.
PayPerHead agents are hopeful the 2021 Triple Crown results in a racebook revenue bounce back.… Read the rest
Florida Gov. Ron DeSantis’ landmark compact agreement with the Seminole Tribe could open the door to a retail and online sports betting market that would potentially be the largest in the U.S., capable of generating as much as $12 billion in bets annually, according to estimates by PlayFL.com.
“Assuming the industry launches with the current framework in place, there is little question that sports betting will drive a massive amount of revenue for the state,” said Dustin Gouker, analyst for the PlayUSA.com… Read the rest
March Madness helped propel Tennessee to more than $200 million in bets, almost entirely reversing the state’s first month-over-month decline in February. And with two new operators launching in the state, Tennessee’s market took a significant step in its maturation process, according to analysts from PlayTenn, which researches the Tennessee gaming market.… Read the rest