The online gambling industry is predicted to grow by $114 billion from 2020-2024. Gaming companies are spending millions on customer acquisition. LAS VEGAS – Online gambling has been increasing in popularity for the past few years, but predictions are suggesting that the size of the online gambling market is about to expand exponentially more than … 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
FanDuel launched a new app specifically for online casino gaming in NJ, separated from sports betting. New users on FanDuel’s casino app play risk-free up to $1000 on their first day. PointsBet will also be offering proprietary online casino gaming in NJ. TRENTON, NJ – FanDuel, a company known primarily for its sportsbook offerings, is … 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
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
Betway is on its way to becoming the 13th mobile sportsbook in Pennsylvania and the 17th iCasino. The European company has a temporary license for Monday through Wednesday and will be issued a permanent license if their operations run smoothly. Betway is currently active in Colorado and Indiana, making Pennsylvania the third state in the … 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
Gaming giant Flutter is looking to list FanDuel on the NYSE through an IPO, but is excluding the FoxBet brand from the potential listing. Flutter is the primary owner of the FanDuel brand but is looking to separate the FoxBet skin due to poor performance. NEW YORK – The world of sports gaming is backed … Read more
Penn National Gaming/Barstool has joined the mobile sports betting market in Illinois through Barstool Sportsbook. Illinois now has six state-licensed sportsbooks including BetRivers, PointsBet, FanDuel, William Hill, and DraftKings. Barstool Sportsbook has already launched mobile sports betting apps in Michigan and Pennsylvania making Illinois the third state Barstool is active in. CHICAGO – The burgeoning … Read more