Sports Betting, Fantasy Sports, eSports and Gaming Events
Sports Betting News
Arizona will grow into a particularly lucrative market for its fledgling sports betting industry, capable of generating more than $3 billion in annual wagers and $200 million in annual gross gaming revenue, according to estimates by PlayAZ.com, which analyzes and researches the state’s regulated online gaming and sports betting market.
“Arizona is particularly exciting development for legal sports betting in the U.S.,… Read the rest
The Professional Fighters League (PFL) announced a new, multi-year partnership that designates DraftKings Inc. as the “Official Sportsbook and Daily Fantasy Partner of the PFL.” To start the season, wagering on PFL fights via DraftKings will be available for fans across the country, pending regulatory approvals.
The multi-faceted partnership will give MMA, daily fantasy and sports betting fans a truly unique viewing and gaming experience utilizing PFL’s proprietary SmartCage technology.… Read the rest
Following the passage of Arizona’s sports betting bill (House Bill 2772), ArizonaCasinos.com projects that the state at full maturity could produce $252 million in annual revenue. Using the minimum tax rate of 8% outlined in Arizona’s bill, that projection would yield $20,160,000 in yearly tax revenue for the state General Fund.… Read the rest
Real Luck Group Ltd. and its subsidiary companies doing business as “Luckbox” a leading provider of licensed, real money esports betting, is pleased to announce the addition of betting for VALORANT (a 5v5 first-person shooter game developed by Riot Games, launched in 2020) to its award-winning platform. The VALORANT addition increases Luckbox’s offering of esports betting types to 14.… Read the rest
New Jersey sportsbooks surged, including the largest retail handle in more than two years, but fell well short of the first $1 billion wagering month in U.S. sports betting history, according to PlayNJ.
“March represents a much-needed bounce back after a somewhat disappointing February,” said Dustin Gouker lead analyst for PlayNJ.com.… Read the rest
Pennsylvania’s retail and online sportsbooks took in more than $560 million in wagers, as March Madness helped spur betting to the second-highest monthly volume in state history, according to PlayPennsylvania.
“March’s results show just how important the NCAA Tournament can be in Pennsylvania and elsewhere, giving a huge boost to sportsbooks at a time when football is dormant,” said Dustin Gouker, lead analyst for PlayPennsylvania.com.… Read the rest
The Portland Timbers and Major League Soccer today announced that Luckii.com is the team’s official online gaming partner, with plans to collaborate on in-game and on-field sponsorships, online promotions, charitable efforts and IP rights, including a soon-to-be-released Timbers-themed game.
“We are thrilled to welcome Luckii as our official online gaming partner,” said Mike Golub, the team’s President of Business.
Caesars Entertainment, Inc. will become an Official Sports Betting Partner of the National Football League as part of an agreement that extends the groundbreaking partnership in which the Company became the League’s first-ever casino sponsor.
The multi-year agreement, beginning with the upcoming 2021 NFL season, strengthens the partnership between two organizations, allowing Caesars to leverage NFL marks within the sports betting category and activate around retail and online sports betting, as well as engage fans with NFL-themed free-to-play games.
The National Football League (NFL) announced their first-ever U.S. sportsbook partnerships naming three exclusive partners. As part of the multi-year agreement, FanDuel becomes an Official Sports Betting Partner of the NFL and will have the ability to leverage NFL marks within the sports betting category and activate around retail and online sports betting.… Read the rest
Sports betting across the US saw $3,996,076,889 wagered in February, only $378,923,111 less than January. That’s more than projected for a short month with one football game. As of today, 5 states have reported betting data. Based on those, March is expected to be another record month.
March 2021 Sports Betting Handle
|
State |
Handle |
Revenue |
Tax Revenue |
|
Delaware |
$6.7 Million |
$965,419 |
$482,174 |
|
Indiana |
$317 Million |
$26.4 Million |
$2.5 Million |
|
Iowa |
$161.4 Million |
$13.5 Million |
$908,011 |
|
W. |
Baseball experts at TheGameDay.com, an emerging fan favorite site for betting analysis and tips, have released their anticipated 2021 World Series Predictions and Best World Series Odds. After a challenging but eventually exhilarating 2020 season, Major League Baseball’s fans have returned for 2021. One question looms: Who will hoist the Commissioner’s Trophy in October?… Read the rest
After decades of pushing for reform of the laws banning single-event gambling, the Canadian gaming industry seems to be on its way to expansion. Gambling associations and companies are preparing themselves for the proposed changes, which, if enacted in the current legislative session, would leave the responsibility of implementing and regulating single-events sports wagering on provincial regulators.… Read the rest
Bally’s Corporation announced entry into a memorandum of understanding (“MOU”) with Sinclair Broadcast Group. Under the MOU, Bally’s and Sinclair will work collectively to facilitate the production and broadcast of Bally’s-produced content during the current non-game windows on Sinclair’s 19 regional sports networks (“RSNs”) recently rebranded “Bally Sports“.
Bally’s and Sinclair will also explore opportunities to include Bally’s programming in Sinclair-owned media platforms and affiliates other than the Bally Sports RSNs, which may include Sinclair’s Tennis Channel and Stadium assets.… Read the rest
Illinois sportsbooks posted a month-over-month decline in betting volume for the first time since launching in late July, continuing what was a national trend in February. But the state still managed to narrowly surpass Pennsylvania to place third among U.S. states for the month. More concerning for what has been a booming industry in Illinois, though, is the return of in-person registration, which could stymie online sports betting growth for as long as it is in place, according to PlayIllinois, which provides news and analysis of the state’s gaming industry.… Read the rest
Overdrive Marketing Inc. has purchased popular online sports wagering portal TheRX.com in a deal worth $2.4 million.
TheRX.com has operated one of the world’s largest sports betting forums since 1995, and it also provides daily sports news, picks and insight.
Overdrive Marketing Inc. is a Texas-based company that operates OddsTrader.com,… Read the rest