Miscellaneous Articles
Kentucky Governor Andy Beshear Signs Legal Sportsbooks into Law
by Dave Schwab - 4/5/2023
The state Senate passed HB 551 into law last Thursday night. The House bill authorizes legal sports betting, and Governor Andy Beshear signed it the following morning on March 31. Legal Kentucky sportsbooks in nine retail accounts and up to 27 online accounts will probably launch in the third or fourth quarter of 2023.
The Rules for College Sports Betting State-by-State in the US
by Dave Schwab - 3/21/2023
Of 35 states that do have legal wagers, 16 of those states can wager on college sports, whether it is game or prop bets. In seven states, you could bet on a game in college sports, but you cannot bet on college sports props. In 11 states and DC, you can bet on out-of-state college sports games, but it is illegal to wager on in-state teams whether it is a game or a prop bet. It is illegal to wager on any college sports in Oregon, whether it is a game or a prop bet.
Massachusetts’ Six Online Sportsbooks Launch Legal Sports Betting
by Dave Schwab - 3/13/2023
As of Friday, March 10, six online sportsbooks opened the doors to legal betting on sports in Massachusetts. Since Aug. 22, 2022, when Governor Charlie Barker signed the Massachusetts Sport Wagering Act and more than 80 public hearings took place on this issue, and the state gaming commission okayed legal online sports betting throughout the Bay State border.
Penn Entertainment Buys the Remaining Share of Barstool Sportsbook
by Dave Schwab - 2/20/2023
Penn Entertainment originally owned 36% of Barstool Sportsbook with its partner David Portnoy and Barstool Sports. The Pennsylvania-based gaming company recently purchased the last 64% of Barstool Sportsbook for $388 million.
FanDuel Sportsbook Predicts 2023 Profitability
by Dave Schwab - 2/14/2023
The No.1 US-based sportsbook could have profitability for all four quarters in 2023. FanDuel is owned by Flutter Entertainment, with Boyd Gaming controlling another 5%. Amy Howe is FanDuel’s Chief Executive Officer. She recently released comments with Bloomberg Television and she said:
Fanatics Retail Sportsbook Fits Well Into FedEx Field
by Dave Schwab - 2/6/2023
Washington, DC has an assortment of retail sportsbooks in the area, including BetMGM at Nationals Park, Caesars Sportsbook at Capital One Arena, and FanDuel at Audi Field. The Fanatics Sportsbook at FedEx Field in nearby Summerfield, Maryland, is the latest retail sports betting location in the whole DC area.
Rivers Portsmouth Casino Opens in Virginia Featuring BetRivers Sportsbook
by Dave Schwab - 1/23/2023
Rivers Portsmouth will offer casino gambling and sports betting as the first permanent venue in Virginia. The BetRivers Sportsbook is part of the casino at has 1,448 slot machines, 57 table games and a poker room with 24 tables. The venue is just south of I-264 between Missy Elliott and Victory Boulevard.
The Favorites, the Contenders and the Longshots to Legalize US Sports Betting in 2023
by Dave Schwab - 1/16/2023
Kansas, Maine and Massachusetts have legalized US sportsbooks this past year and they have plans to launch operations in 2023 to join the 34 states in the US market. That leaves 16 states with no legal sports betting as of Dec. 31 of 2022.
Virginia’s Sportsbooks Cleared $50 Million in Three Straight Months
by Dave Schwab - 1/2/2023
The November figure was an all-time high in 23 months of legal sports betting by Virginia. It passed the $53.8 million record set in September of this year. Sportsbook operators in the Old Dominion have been on a roll for much on 2022. November’s 11.1% hold on gross revenue marks the fourth time this year it was 10 percent or higher.
Ohio’s Top US Sportsbooks Best Bonuses and Promotions
by Dave Schwab - 12/27/2022
With legal sports betting getting under way in Ohio on Jan. 1, the top US sportsbooks have special offers in pre-launch bonuses and promo incentives. Extra bonuses and promotions will give any Ohio sports bettor a major edge when signing up for the pre-launch offers
Caesars Sportsbook Launches Real-Money Micro Betting in 2023
by Dave Schwab - 12/19/2022
In a partnership with Simplebet, Caesars Entertainment took the plunge and will roll out real-money micro bets for the NFL, NBA, MLB and college football during the 2023 season. Caesars Sportsbook will facilitate wagers on the outcome of every play, including the pass, possession and pitch of all the games.
Encore Boston Harbor Awarded First Sportsbook License in Massachusetts
by Dave Schwab - 12/12/2022
The WynnBET Sportsbook at Encore Boston Harbor secured its first license to run an operation in Massachusetts. As a Category 1 sports wagering facility, WynnBET met all the requirements for the state’s concerns in the Massachusetts Gaming Commission (MGC).
Legal US Sportsbooks are Going Live on New Years’ Day in Ohio
by Dave Schwab - 12/6/2022
The Ohio Casino Control Commission (OCCC) has approved 21 retail sportsbooks and 22 online sportsbooks to launch on Jan. 1, 2023. The actual total of live sportsbook operators will be less than that. However, there is going to be legal sports betting in the state on that day. Sunday, Jan. 1 marks Week 17 on the regular NFL season to kick off 2023 with a bang. The following day there are four major college football bowl games and the Buffalo Bills vs. Cincinnati Bengal on Monday Night Football.
Louisiana Sportsbooks Wrap Up October With More Than $1.8 Billion in Wagers
by Dave Schwab - 11/28/2022
The Louisiana Gaming Control Board recently announced results of the state’s first year of legal sports betting. The sportsbooks’ total handle was more than $1.8 billion in wagers, generating over $26.4 million in revenue taxes for state and local government.
Maryland Awards 10 US Online Sportsbook Betting Licenses
by Dave Schwab - 11/21/2022
On Wednesday earlier this month, the Maryland Sports Wagering Application Reviews Commission (SWARC) awarded 10 online sportsbooks a license to bet on sports in the state. Maryland’s SWARC did not release a specific date to go live but the groundwork will be set for the near future.
The Top Online US Sportsbook in New York Remains FanDuel
by Dave Schwab - 11/7/2022
After securing about half the online sports betting business in New York since early January, FanDuel has staked its claim as the top sportsbook in the state. A high hold rate, a huge share of the $12.97 billion state handle and a $1.06 billion in gross gaming revenue (GGR) has lifted the New York City company from the competition.
The Massachusetts Gaming Commission has Plans for Retail and Online Sportsbooks
by Dave Schwab - 11/1/2022
Legal sports betting in Massachusetts has a launch date in late January on the retail level and early March for online sports betting. The state’s Massachusetts Gaming Commission addressed the matter in a public meeting on Thursday, Oct. 26. Boston-based DraftKings Sportsbook request for a universal launch date for the state’s retail and online sports betting was turned down. The Massachusetts Gaming Commission held firm on its original proposal.
Fanatics Plans to Launch its US New Sports Betting Division in January, 2023
by Dave Schwab - 10/25/2022
Fanatics CEO Michael Rubin announced that the company will enter the US sportsbooks industry with the sports betting division early next year. He mentioned that the new kickoff will be January of 2023. The NFL playoffs would coincide with the Fanatics US sportsbook launching into business. The prominent sports apparel company would go hand-to-hand with the sports betting industry. Fanatics can pair sportsbook offerings as well as team jerseys.
DraftKings and ESPN Expand Their Sports Betting Partnership
by Dave Schwab - 10/10/2022
DraftKings is a top-tier US sportsbook and DFS (daily fantasy sports) provider. ESPN is the world-wide leader in sports. Expanding on this sports betting partnership has all the possibilities of reshaping of industry. A new DraftKings/ESPN deal is an unprecedented agreement between parties that can meet all expectations.
FanDuel Sportsbook Has a Pre-Launch Promo Code in Ohio
by Dave Schwab - 10/4/2022
FanDuel is one of the top US sportsbooks operating both retail and online sports betting facilities. The New York-based company has offered a pre-launch incentive to bettors in the Buckeye State. From Oct. 1 to Dec. 31 this year, Ohio bettors signing up will receive $100 in free bets on Jan. 1, 2023. This special pre-launch promo in the state can be activated through registration with a FanDuel account in this time frame.
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