While the people of Colorado were celebrating the Colorado Avalanche's recent Stanley Cup win, their local sportsbook operators were taking a major hit. That's because confident Coloradans cashed in futures bets on the hockey team that ultimately won the championship, and tanked operator revenue for June. According to a recent report from SBC Americas, Colorado…
Bally Bet is betting that a partnership with New York's premiere professional sports team will help the operator secure a spot in one of the United State's biggest sports betting markets. That's why earlier this week Bally's Bet signed on to be one of the New York Yankees official betting partners. As a relative newcomer…
[caption id="attachment_872310" align="alignnone" width="628"] FanDuel Sportsbook[/caption] FanDuel is significantly expanding its live dealer options with the launch of FanDuel-branded live dealer studios in Michigan and Pennsylvania. The new studios are part of the FanDuel Casino brand, which is currently operating in four US states. The US-based operator isn't exactly breaking new ground with its live…
California Governor Gavin Newsom is seething over a Department of the Interior (DOI) decision to reject his state's proposed gaming compacts with several local Indian tribes. Both the Governor's Office, and the tribes themselves, issued strongly worded statements criticizing the DOI's decision as meddling and misguided. At the heart of the matter are Class III…
FanDuel is in the process of re-branding its TVG racing channel into a full-time watch-and-wager network that's broadcasting 24 hours a day. It's a big move that would likely spur other US-facing sportsbooks to similarly up their broadcast/streaming game in a significant manner. FanDuel's move towards more broadcasting was first reported on by Legal Sports…
The American Gaming Association (AGA) is reporting that May 2022 was the US gaming industry's second most profitable month, ever. That's good news for an industry that's been battered by Covid and buoyed by regulated sports betting in a roller coaster of a decade. For the month, the collective US gaming industry chalked up $5.1…
The British Horseracing Authority (BHA) took the unusual step of issuing an extreme heat warning this week in the wake of record high temperatures that are scorching England. Multiple races were cancelled as authorities expressed concern for horses and race fans alike. Earlier this week, Britain was under the spell of the worst heat wave…
The Kindred Group is reporting that its revenue derived from harmful gambling has held steady in Q2 2022 at 3.3 percent. Company officials are crediting the stabilization to a partnership with QuitGamble.com, as well as multiple in-house efforts. Like most other responsible operators, the Kindred Group is keen on getting problem gamblers the help they…
The NFL has hired David Highhill as its first ever vice president, general manager of sports betting. It's a move that completes the league's evolution from one of sports betting's most ardent foes to one of its biggest beneficiaries and advocates. In his new position, Highhill will be managing all thing related to gambling and…
Wynn Interactive is shuttering its UK-facing sportsbook app, BetBull after investing more than $80 million in the venture. The move shows moving a sportsbook operator into the social media space is a very challenging operation. BetBull has been in operation in the UK since 2015 but its fortunes took a turn towards the big-time when…
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