BetOnline has a $200,000 winner-take-all survivor contest. The Westgate Las Vegas SuperContest has one of the larger payouts. DraftKings has a $4 million prize pool for a season-long pick ‘em contest. LAS VEGAS – The NFL season sees the most money wagered throughout the season. For those looking for the big payday, entering betting contests … Read more
Stricter state regulations lessen the possibility of competing iGaming brands. Gambling companies are spending millions on marketing campaigns due to competition. LAS VEGAS – Since sports betting saw its federal ban in 2018 removed, there’s been an influx of money directed towards customer acquisition for online casino and sports betting operators. Brands are dedicating millions … Read more
DraftKings and Golden Nugget Online Gaming will now be able to share assets. The companies expect synergies of $300 million at maturity. DraftKings will become the exclusive daily fantasy sports, sports betting, and iGaming partner of the Houston Rockets LAS VEGAS – Notable online sportsbooks DraftKings, and Golden Nugget Online Gaming are now one in … Read more
An initiative grants California tribes exclusive licensing for sports betting in California. Opposition fears initiative could mean no online sports betting options will ever be available. Newsom’s recall vote could be utilized to push online sports betting legislation forward. SACRAMENTO, Calif. – California lawmakers have demonstrated very little interest in providing their citizens a legal … Read more
Platform provider license renewal fees have not been revealed. Bidders will only have seven days for revision between the final Q&A and their application deadline. New York expects 50% or more revenue share from chosen applicants. ALBANY, NY – The anticipation for New York to legalize and launch online sports betting has been building for … Read more
DraftKings has been approved to operate in Louisiana. The company will be up and running in the state as soon as possible – it could be a matter of hours. The approval was given by the Louisiana Gaming Control Board on Thursday. BATON ROUGE – DraftKings has received approval to operate daily fantasy sports in … Read more
Genius Sports will be charging sportsbooks anywhere from 4%-6% to provide them with official NFL data. The company became the owner of all NFL official data in April when a six-year deal was made with the league. Sportsbook operators believe they are paying for the high-priced mistake of Genius Sports and the percentage hike seems … Read more
During a Q&A with fans, DraftKings CEO Jason Robins expressed his interest in accepting Bitcoin as a deposit method. Robins states that state regulators determine what currency can and cannot be accepted. Wyoming has regulations for sportsbooks accepting cryptocurrencies. BOSTON – DraftKings CEO Jason Robins was recently doing a Q&A with fans via Public.com and … Read more
Online casino operations have not been seeing high success on the NASDAQ. This could be attributed to retail casinos reopening. Online gambling has also been proven to be far from profitable for major operations. NEW YORK – Online gambling peaked in 2020 during the pandemic, leading to many iGaming investors going all in on stocks … Read more
FanDuel has officially launched its online casino in the West Virginia market. FanDuel is now the fourth iGaming platform to operate in West Virginia. FanDuel is offering risk-free gaming up to $200 for the first day. CHARLESTON, W.V. – West Virginia gambling fans will now have access to another online casino with the official launch … Read more