Industry
January 19, 2022
BetMGM: 53% Projected Growth in 2022 Not Enough for Profit
MGM Resorts International and Entain Plc released today a joint trading update on the performance of their jointly owned sports betting and gaming brand BetMGM in 2021, informing investors the joint venture is not expected to become profitable in 2022. FY 2021 Performance BetMGM is expected to end FY 2021 with approximately $850 million of […]
Sports
January 19, 2022
PointsBet Achieves Zero Suspension on Live Markets During Test Run
PointsBet has announced that it has become the first US sports betting provider to offer sports fans in-play betting opportunities with zero suspensions across spread and moneyline markets during a test run during Saturday’s NBC broadcast of the NFL Wildcard Playoff. The feature was tested during the game between the Las Vegas Raiders and Cincinnati […]
Sports
January 19, 2022
Ngannou vs Gane UFC 270 Odds, Time, and Prediction
Francis Ngannou (16-3), the reigning UFC Heavyweight Champion, is defending his title this Saturday evening at the UFC 270 event at the Honda Center in Anaheim, CA. The challenger? His former sparring partner, Cyril Gane (10-0), who’s currently the interim champ. Whoever wins this weekend’s mega-fight is going to become the undisputed UFC Heavyweight champ. […]
Sports
January 19, 2022
Rams vs Buccaneers NFL Divisional Playoffs Odds, Time, and Prediction
The winners of the last year’s Super Bowl, the Tampa Bay Buccaneers have come to the Divisional Round after defeating the Philadelphia Eagles in the Wild Card game. Their next obstacle on their road to defend the NFC title from last year comes in the form of the Los Angeles Rams. The franchise from California […]
Sports
January 19, 2022
Maine Loses Key Legislator in Sports Gambling Push
Maine is not even close to getting its sports betting up and running, and now, the state has lost another friend who could have been instrumental in seeing this matter through. A long-term champion of gambling and voting issues, Sen. Louis Luchini will now take up a position at the Small Business Administration and lose […]
Legal
January 19, 2022
Utah Remains a Holdout State in a Sea of Gambling Opportunities
Utah is clearly a laggard when it comes to sports betting legalization, and the state is bleeding precious cash. Without licensed operators to go around, the state is subject to offshore advertisement and rogue operations that deprive it of the valuable taxable dollar. Sports betting is not getting special treatment. In fact, Utah has no […]
Sports
January 19, 2022
Michigan Sportsbooks Record $500M Sports Betting Handle in December
Online casinos and sportsbooks in Michigan have managed to end 2021 with a massive streak. December proved to be highly successful as online casinos raked in $120 million in revenue, whereas sports wagers reached $500 million. The Debut Year Resulted in Over $1 Billion in Online Casino Revenue Data by PlayMichigan states that Michigan’s debut […]
Sports
January 19, 2022
NY Sports Betting Launch a Success, Data Shows 1.2 Million Created Accounts
A week after New York’s sports betting launch, the activity that caught everyone off-guard does not seem to be slowing down. Data by GeoComply shows that the state’s five authorized sportsbooks have more than 1 million combined registered accounts. The Number of Unique Players in NY is More Than NJ And PA Combined Sports betting […]
Sports
January 19, 2022
Mattress Mack’s Big Betting Doesn’t Go As Planned
Any sports betting strategy guide will tell you, never let emotions take over. That’s difficult under normal circumstances, but losing over $11 million would be enough to make most people pull their hair out. Perhaps not Mattress Mack, though. That’s how much he lost over the past 10 weeks betting on sports, but it isn’t […]
Business
January 18, 2022
RSI Adds MLB Veteran Bobby Valentine as Brand Ambassador
Digital sports betting and gaming company Rush Street Interactive (RSI) continued with efforts to popularize its brands and products by adding former professional baseball manager and player Bobby Valentine as a brand ambassador. Engaging with Baseball Fans The agreement between RSI and Valentine will see the former New York Mets manager participate in the exclusive […]