Gaming Articles

Opinion: Why I can’t wrap my head around baseball’s embrace of sports betting

• May 11, 2021

Even though baseball spent decades seeming to abhor the very idea that anyone would bet on games, current MLB Commissioner Rob Manfred has been inching toward an association between baseball and betting for years. In 2015, Manfred said of sports betting that it was “important for there to be a conversation between me and the owners about what our institutional position will be.” More recently, he called sports betting “a massive opportunity for fan engagement.”

Caesars and Arizona Diamondbacks agree to sports betting partnership for the state

• May 10, 2021

In a statement last Thursday, Caesars said it would develop a sportsbook and sports bar concept on the plaza adjacent to Chase Field, the Diamondback home stadium in downtown Phoenix.

Iowa slows in April but revenue tops $100m milestone

• May 10, 2021

Sportsbooks in Iowa have documented an April slowdown from the March Madness inspired highs of just one month earlier, recording its lowest handle since December ahead of an anticipated slower summer period.

Online Gambling Sites Pump $153.6 Million Into Local TV

• May 7, 2021

According to Nielsen ad-spend data, online sportsbooks and gambling sites in the first quarter poured $153.6 million into local station coffers, an investment that has made the nascent industry one of the biggest players in the spot TV space.

Caesars Plans To Phase Out William Hill US Brand May Explain Its Own Absence In Michigan

• May 7, 2021

Caesars Entertainment watched how well fellow luxury retail casino and hotel brand MGM Resorts International‘s brand, BetMGM, performed financially in Michigan during the past three months. Now that BetMGM is the state’s No. 1 revenue-generating operator, Caesars CEO Thomas R. Reeg said he’s encouraged about his brand’s prospects.

Genius Sports Acquires FanHub to Bulk Up Its Fan Engagement Muscle

• May 6, 2021

Sports Betting Set For Explosive Growth in 2021: CEO’s of MGM Resorts, FansUnite, fuboTV, and DraftKings Share Outlook

• May 6, 2021

Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: MGM Resorts International (NYSE: MGM), FansUnite (OTC: FUNFF) (CSE: FANS), fuboTV (NYSE: FUBO), and DraftKings (NASDAQ: DKNG).

Floridians still want say in gambling expansion to mobile sports betting, poll says

• May 6, 2021

In what may be a warning shot to Gov. Ron DeSantis and the Legislature in their pursuit of a gambling deal that will legalize mobile sports betting in Florida, a new poll commissioned by No Casinos shows 76% of Floridians surveyed say voters should have to approve.

NBA big names press lawmakers to expand sports gambling across NC

• May 5, 2021

Two former Charlotte Hornets players joined team president Fred Whitfield Tuesday to go door to door in pressing lawmakers for an expansion of legal sports gambling in North Carolina. Muggsy Bogues and Dell Curry spent the day talking up the financial benefits of legalized gambling. Opponents say it's a bad bet.

FanDuel on track for sports gambling in Louisiana by beginning of football season

• May 5, 2021

Stacie Stern, governmental affairs director at FanDuel, said in an interview that FanDuel is working with Louisiana Gaming Board and the state police to launch its product.

Betting on Kentucky Derby Back to Pre-Pandemic Levels, Online Wagering a Record

• May 4, 2021

They weren’t records, but Churchill Downs Inc. reported solid a betting handle for the 14-race card Saturday, highlighted by the Kentucky Derby. According to a press release from the Louisville-based company, bettors wagered $233 million.

Sports betting figure Joe Asher taking time off before planning his next move

• May 4, 2021

Asher has been a central figure in the growth of legalized sports betting since moving to Nevada in 2006 to help Cantor Fitzgerald lobby for a change in state laws to launch the first mobile sports betting devices.