Sports Betting, Fantasy Sports, eSports and Gaming Events
Bettors placed $254.4 million in wagers in May at Indiana’s retail and online sportsbooks, according to official reporting released Friday. That is up 7.6% from $236.4 million in April, even as May’s handle remained well shy of the $316.7 million handle in March.
May’s bets produced $18.9 million in adjusted gross revenue, down 6.1% from $20.1 million in April while yielding $1.8 million in state taxes.… Read the rest
BetMGM announced the expansion of its market-leading sports betting app into Washington, D.C. in partnership with the Washington Nationals, making BetMGM the only mobile sports betting app available at Nationals Park. Today’s news is part of BetMGM’s multi-year, exclusive partnership with the Washington Nationals, which also includes a retail BetMGM Sportsbook connected to Nationals Park, scheduled to open later this year.… Read the rest
Bettors placed $114.9 million in wagers at Iowa sportsbooks in May, according to official data released Thursday. That is down 2.9% from the $118.4 million in bets generated in April, and well short of the record $161.4 million in wagers in March. Betting fell to $3.7 million per day over the 31 days in May from $3.9 million over the 30 days in April.… Read the rest
Jon Rahm remains the consensus betting favorite to win the 2021 U.S. Open, even after his forced withdrawal from last week’s Memorial Tournament. But with Rahm’s status still uncertain ahead of Thursday’s first round at Torrey Pines in La Jolla, California, oddsmakers’ boards for the U.S. Open could still shift significantly, according to TheLines, which tracks odds in the U.S.… Read the rest
The Professional Fighters League (PFL), the fastest growing and most innovative sports league, announced a partnership that designates BetMGM as a “US Authorized Gaming Operator of the PFL”. Fans across the country will be able to wager on fight lines on BetMGM beginning with PFL 4 airing on Thursday, June 10th in primetime on ESPN networks and streaming platforms.… Read the rest
New Hampshire Governor Chris Sununu signed House Bill 626 into law yesterday, thereby authorizing pari-mutuel wagering on historical horse racing (HHR) in the state. The legislation will allow New Hampshire charitable gaming facilities that were licensed as of May 1, 2020 to offer HHR. Tax revenue generated from HHR wagers will be allocated to the New Hampshire education trust fund and to local New Hampshire charitable organizations.… Read the rest
Bally’s Corporation announced that it has completed its previously announced acquisition of Bet.Works — a U.S. based, sports betting platform provider to operators in New Jersey, Iowa, Indiana and Colorado. The transaction, which includes Bet.Works’ proprietary technology stack and turnkey solutions comprised of marketing, operations, customer service, risk management and compliance, makes Bally’s the premier, full-service, vertically integrated sports betting and iGaming company in the U.S.… Read the rest
Virginia sportsbooks attracted $236.4 million in bets in April, according to data released Friday by The Virginia Lottery. That is down 22.2% from $304.1 million in March and the lowest monthly handle of any of Virginia’s first full three months of sports betting. With no major sports holiday to spur interest, sportsbooks took in $7.9 million per day over the 30 days in April, down from $9.8 million in March.… Read the rest
Aristocrat Gaming™ and Churchill Downs Incorporated (“CDI”) have again expanded their rewarding partnership by entering a new long-term agreement that will bring Aristocrat’s player-favorite games to the rapidly expanding historical racing machine (“HRM”) market.
Aristocrat’s newly engineered historical horse racing machines will operate on Ainsworth’s proprietary HRM system featuring popular Aristocrat brands including Buffalo™, Wild Lepre’Coins™ and others exclusively on its award-winning MarsX™ family of cabinets.… Read the rest
BetMGM announced a partnership with NYRA Bets, LLC (NYRA Bets), the official online wagering platform of the New York Racing Association, Inc. (NYRA) and a leading provider of horse racing content in the United States. NYRA Bets will become BetMGM’s first horse racing partner, allowing customers to watch and wager on premier Thoroughbred, Harness, and Quarter Horse races at more than 200 tracks around the world.… Read the rest
Circa Sports’ announced his popular pro football contests, Circa Millions III and Circa Survivor, will return with $10 million in guaranteed prizes, no rake. This marks the largest pro football contest guarantee ever, as well as the most significant prize purse for a survivor-style contest. Sign-ups begin tomorrow, May 28 at all Circa Sports Nevada locations and the in-state mobile app.… Read the rest
BIG3 announced a first-of-its-kind partnership to make SuperDraft, the daily fantasy partner of Caesars Entertainment, the first-ever Official Daily Fantasy Partner of the league. As part of the exclusive deal, SuperDraft will become the presenting sponsor of the 2021 BIG3 draft, which will be renamed the 2021 BIG3 SuperDraft. The season will tip off on July 10, 2021, at Orleans Arena in Las Vegas, NV with 10 weeks of action-packed games.… Read the rest
Marking a major milestone in American sports history, the William Hill Sportsbook at Monumental Sports & Entertainment’s Capital One Arena officially opened today, becoming the first ever sports betting venue to open within a U.S. professional sports facility.
William Hill, a part of Caesars Entertainment, and Monumental Sports & Entertainment announced a groundbreaking partnership deal in October 2019 to open the first-of-its-kind, marquee destination for local, regional and global visitors.
Colorado’s online and retail sportsbooks took in $244.5 million in April, down 18.8% from $300.1 million in bets in March, according to data released Tuesday afternoon by the Colorado Division of Gaming. The state’s official tally is slightly less than the unaudited data that was reported by the Division of Gaming earlier this month.… Read the rest
International Game Technology PLC announced that it has extended its historical horse racing (HHR) portfolio to include performance-driving Wheel of Fortune®-themed games. The highly anticipated games debuted at Churchill Downs Incorporated (“CDI”) HHR facilities throughout Kentucky, marking the first licensed theme IGT has introduced into the HHR market.… Read the rest