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Tennessee sportsbooks generate $340m in wagers for December

The year brought in nearly $3bn in wagers and $240m in revenue, placing Tennessee as the ninth-largest state in terms of sports betting volume in the US market. The state’s eight active sportsbooks accepted $341.8m in wagers for December, up 89% year-on-year. According to data released by the Tennessee Education Lottery’s Sports Wagering Advisory Council, […]

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Arizona reports $50m in GGR from nearly $470m in November wagers

According to PlayAZ, the state has become the quickest to hit $1bn in handle after launch. Arizona online and retail sportsbooks produced $466.7m in wagers for November, down 4% from October. Analysts considered it to be a modest drop, since October offered five full weekends of NFL and college football games. During November, betting volume

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DraftKings stock “too big an opportunity to ignore” – Morgan Stanley

In a move that sent DraftKings stock climbing to $21.85 per share, an increase of 13%, Morgan Stanley analysts took the view that DraftKings is a large player in a market that is only going to expand over the forthcoming years. Indeed, its report forecasted that the gambling industry is set to be worth $21bn

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FanDuel and Boyd Gaming to launch mobile sportsbook in Louisiana

Legislation to approve online sports betting in Louisiana was passed in November 2020, with betting companies able to operate in 55 of the state’s 64 parishes across professional and college-level sporting events.   FanDuel and Boyd Gaming have partnered to offer retail sportsbooks at five physical locations across Louisiana. The new online sportsbook will operate under

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FanDuel Group joins forces with Jon Rothstein

The Flutter Entertainment-owned brand has become the exclusive sports betting partner of Rothstein as it looks to raise its digital profile. Rothstein will create unique content for his social channels, where he will discuss betting alongside his usual college basketball coverage. The 38-year-old host of podcast College Hoops Today will also feature as a frequent

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Bet365 Founder takes top spot on Sunday Times Tax List

The 54-year-old British businesswoman, alongside her father and brother, Peter and John Coates, have, once again, come first in the newspaper’s ranking of the UK’s top 10 highest tax-paying individuals. Altogether, they contributed more than £480m ($642m) to public finances in 2021, a year that, according to the Sunday Times, saw a surge in the

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PointsBet Canada gains licence approval in Ontario

Both the CEO of PointsBet Canada, and the VP, Legal, Compliance and People of PointsBet Canada have issued statements reflecting on the approval. Ontario is Canada’s most populated province and covers over one million square kilometres. The province houses Ottawa, Cadan’s capital, with a population of almost 15 million people. PointsBet is a US Sportsbook

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NorthStar Gaming enters sports betting partnership with Parleh Media Group

As part of the agreement, Parleh Media Group will produce a suite of dynamic sports betting content, such as videos, podcasts and other social media, which NorthStar Gaming will then share through its own customer channels.   Michael Moskowitz, CEO and Founding Partner, NorthStar Gaming, commented: “Video and other captivating multi-platform content will really differentiate

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