Betting
ESPN Bet branding being put on 10 more Penn sportsbooks
Penn Entertainment plans to rebrand 10 sportsbooks in its retail casino chain to ESPN Bet in “early 2025,” bringing the total to 19 of the 43 retail properties that it operates.
Might Minnesota be the only state to legalize sports betting this year?
At this time of year -- for most of the last seven years -- lobbying strategist Jeremy Kudon could run down a list of states in which sports betting legislation was likely to be introduced in the upcoming session, confidently ranking them in order of which was most likely to pass.
November delivers record sports betting handles for 13 states to date
Records continue to fall as more sports betting handle data has come out, with 13 jurisdictions seeing record monthly handles during the thick of football season.
DraftKings completes SimpleBet acquisition
DraftKings has completed its acquisition of Simplebet, a B2B provider of automated, in-game wager pricing. When DraftKings first announced the deal in August, it said the integration of Simplebet’s machine-learning models would “improve the quality, breadth and speed of data throughout the DraftKing...
Ohio fines DraftKings for taking college prop bets
Ohio has fined DraftKings $425,000 for "allowing bettors to place wagers on individual college athletes," known as prop betting. DraftKings must pay the fine "as part of a settlement" with the Ohio Casino Control Commission announced last week. The company accepted prop bets on players' performances...
Silver’s prescient betting op-ed, written a decade ago, laid early foundation for current standards
W hen NBA commissioner Adam Silver penned his seminal New York Times op-ed piece calling for the legalization of sports betting a decade ago this month, he stressed the need for “strict regulatory requirements and technological safeguards” that would protect consumers and make it easier for leagues ...
Expansion of legalization affecting handles for first-moving states
With all but four states reporting April results, handle for the month is on pace to fall 19% from March, which would match the decline from March to April of last year. The March Madness boom gives way to the spring and summer swoon. Rinse and repeat.
Foote bullish on watch-and-bet
Foote pointed to the likely unraveling of team deals with RSNs as an opportunity for a re-set of legacy rights packages that did not contemplate sportsbook operators’ interest in acquiring rights to air games on their apps, or the additional revenue that the networks could gain from integrating spor...
DraftKings, FanDuel beneficiaries of the start to betting in Maryland, Ohio, Massachusetts
The opening of online wagering in two states that figure to reside among the top 10 in handle nudged U.S. handle share even farther in the favor of the established leaders in Q1 of 2023.
PGA Tour event in Toronto will see theScore Bet provide fans with Par 3 hole
"We took you to the air and gave you a unique vantage point of the tournament, but how do we get you even closer?” said Aubrey Levy, SVP/content and marketing for theScore Bet. “Well, what if we actually figured out a way to get you to play in some capacity?"
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Quote of the Day
But this is also not about us. So, we asked ‘What do people need?’ They need a little bit of fun, maybe a little bit of levity, a little bit of normalcy, those conversations about basketball.-- ESPN’s Malika Andrews, on the decision to structure yesterday’s “NBA Today” show as normal as possible despite the ongoing California wildfires.
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