As major sports leagues’ seasons start to taper off, a drop in sports betting totals is expected. In Pennsylvania, we are starting to see the slump. For May, the state Gaming Control Board is reporting a 6% decrease in handle for the
Saracen Casino Resort is the only casino in Arkansas that had better results at its sportsbook in May than the previous month. Overall, the casinos made a profit in May, but less than in April. An employee at the Southland Casino Racing
The Ohio Senate wasted little time in passing a bill to legalize sports betting in the state. On Wednesday, one day after the Senate Select Committee on Gaming passed an amended bill, the full body approved the measure by a 30-2 margin.
Online and retail sportsbooks in New Jersey reportedly celebrated the end of the eastern state’s third year of legalized sportsbetting in May by posting aggregated handle of $814.3 million. According to a Wednesday report from the online news domain at PlayNJ.com citing
BetMakers Technology Group (ASX:BET) stock was halted today by the Australian Stock Exchange (ASX). It came at the request of the sportsbook operator pending the announcement of a “material acquisition.” BetMakers adviser Matthew Tripp. The gaming company halted its stock in Sydney
In the Midwestern state of Ohio and legislators have reportedly taken the first steps towards the legalization of retail and online sportsbetting as well as the licensing of electronic instant bingo. According to a Wednesday report from the Cincinnati Enquirer newspaper, the
In the United Kingdom and the Advertising Standards Authority (ASA) has announced that it has thrown out a complaint brought against the Ladbrokes online gambling and sportsbetting brand of prominent operator Entain. The regulator used an official press release to detail that
The value of individual shares in American online sportsbook and daily fantasy sports operator DraftKings Incorporated reportedly fell by 4.2% yesterday following news that a key specialist had recommended taking up a short position on its stock. According to a Tuesday report
Aided by more states joining the live and legal party, the US sports betting handle more than doubled from the levels seen prior to the coronavirus pandemic, according to Canaccord Genuity. Bettors at the Mirage sportsbook in Las Vegas. A research firm
A day after slumping following publication of a bearish report by Hindenburg Research, DraftKings stock (NASDAQ:DKNG) is rebounding modestly Wednesday. Several analysts are defending the sportsbook operator, along with the support of a well-known investor. ARK Investor founder Cathie Wood, seen above.