TVG Given A Rebrand As FanDuel Pulls Kay Adams

Kay Adams

FanDuel may be planning to rework TVG’s tv channel into FanDuel TV. TVG2 would then become FanDuel Racing, and remain focused on horse betting. Kay Adams, formerly of Good Morning Football, is a likely NFL morning show host. LAS VEGAS – TVG, the horse racing giant and FanDuel subsidiary, is likely going to undergo some … Read more

Virginia To Double Sportsbook Taxes, Ends Promo Deductions

Virginia Sportsbook

Virginia has seen roughly 50% of their potential sports betting tax benefits due to sportsbooks deducting promotions and bonuses. The budget approval requires operators that are live for 12 months to pay these taxes moving forward. RICHMOND, Va. – Virginia is joining Colorado as the second state to remove promotion deductions for sports betting. With … Read more

Is Consolidation Imminent In The Online Sports Betting World?

Online Gambling

FanDuel and Rush Street’s CEOs both agree that consolidation is imminent in the betting market. TwinSpires and TheScoreBet already closed down due to issues that could be explained by consolidation. Long term, bettors might end up with less options, and a less competitive market for their sports betting desires. LAS VEGAS – Sports betting markets … Read more

Connecticut Jobs Created From New Online Gambling Company

Evolution AB

Evolution AB, an online gambling company, will bring 400 jobs to Connecticut. Evolution enters CT as a live dealer partner for DraftKings and FanDuel. The company is currently soft launching live dealer games, with the final launch scheduled for July 18. HARTFORD, Conn. – Online gambling appears to be bringing jobs to Connecticut, according to … Read more

Underdog Fantasy Out Of Michigan, But Hopes To Return

Underdog Fantasy

Underdog Fantasy was forced to withdraw from Michigan due to legislative changes. The company hopes to eventually rejoin the state, but the time frame is unknown. Michigan is now one of 10 states that Underdog Fantasy does not operate in. LANSING, Mich. – Underdog Fantasy sports has pulled out of Michigan and stopped allowing participants … Read more

New York Budget Continues To Project Higher Online Gambling Revenue

New York Mobile Sports Betting

Online sports betting operators are unhappy and have requested to lower the state revenue tax of sports betting from 51%. New York governor has increased the projection of total tax revenue brought in from online sports betting to $615 million. NEW YORK – Since its January launch, New York has been dominant for online sports … Read more

Six Mobile Sportsbooks In Louisiana Go Live Friday

Online Gambling In Louisiana

There is potential for up to 41 mobile sportsbooks to launch. BATON ROUGE, La. – Louisiana launched several online sportsbooks on Friday, finally opening the door for accessible regulated mobile sports betting to Louisiana residents. Louisiana Mobile Sports Betting A total of six mobile sports betting apps are launching. While there is potential for more … Read more

Portnoy, DraftKings Team Up In Support Of FL Sports Betting

Florida Sports Betting Petition

The Florida sports betting ballot initiative – backed by DraftKings, FanDuel, and Florida Education Champions – is thousands of signatures short of appearing on the 2022 ballot. For the final push, DraftKings is offering a huge free-bet incentive, while Barstool Sports’ Dave Portnoy is taking to social media to garner support for the sports betting … Read more