Penn National to Acquire Interest in Barstool Sports

Penn National Gaming has announced it will acquire a 36 percent interest in digital sports media company Barstool Sports, Inc., for approximately $163 million in cash and convertible preferred...

Published February 3, 2020

Colorado Tribe Mulls Sportsbook

Colorado’s Ute Mountain Ute Tribe is considering which provider of sports betting it wants to work with. The tribe announced last week that it plans to off sportsbook at...

Published January 27, 2020

CA Sports Betting Initiative Moves Forward

A consortium of 18 gaming tribes in California will begin gathering signatures to put an initiative on the 2020 ballot that would authorize sports betting at tribal casinos and...

Published January 27, 2020

New Jersey OKs XFL Sports Betting

New Jersey regulators have approved XFL pro football for sports betting. The organization, which played a single season in 2001, faces an uphill battle to create a viable league,...

Published January 27, 2020

Line Forms for Colorado Sportsbook Licenses

More than 50 applicants have lined up for 33 sports betting licenses in Colorado. Although license approvals will begin next month, residents won’t be able to make wagers until...

Published January 27, 2020

Maine Could Vote to Override Sports Betting Veto

In December, Maine Governor Janet Mills (l.) vetoed a bill authorizing sports betting—a bill the legislature passed last summer. That didn’t sit well with bettors. Although there’s a move...

Published January 27, 2020

Redskins Owner, MD Lawmakers Talk Sports Betting

Washington Redskins owner Daniel Snyder (l.) is asking Maryland lawmakers to allow sports betting at a future Redskins stadium to be built in the state. Snyder is also considering...

Published January 27, 2020

Nebraska Bill Would Introduce Sports Betting, Online Poker

The Games of Skill Act recently introduced by Nebraska Senator Justin Wayne (l.) would legalize sports betting, daily fantasy sports and online poker. If signed into law, the act...

Published January 27, 2020

WV Sportsbooks on a Roll in the New Year

After a lull coinciding with the end of the college football regular season, sports betting is having a growth spurt in West Virginia, according to figures for the weeks...

Published January 27, 2020

Kentucky: Sports Betting Will Stop Cash Flow to Indiana

Kentucky Governor Andy Beshear (l.) lends his support to a bill to legalize sports betting in the commonwealth. If signed into law, it could help stop the flow of...

Published January 27, 2020

Kansas Considers Sports Betting Bill

SB 283, which would legalize sports betting in casinos, has been introduced in the Kansas legislature. It would allow each of the state's four casinos to receive licenses for...

Published January 27, 2020

Michigan Drafts Online, Sports Betting Regulations

As the Michigan Gaming Control Board drafts regulations for online gambling and sports betting, commercial and tribal casinos are preparing for the transition. FireKeepers Casino in Battle Creek (l.),...

Published January 27, 2020

Prop Bets Rule for Super Bowl

For bettors, the Super Bowl is the king of the hill. Along with win-loss wagers, gamblers can also take their pick of special wagers known as proposition bets, such...

Published January 27, 2020

In Washington, Competing Sports Bills and a Tight Deadline

Competing sportsbook bills are off and running in the Washington State legislature. But with a 60-day session, many don’t hold out much hope for a final bill this year....

Published January 27, 2020

At NCLGS, Lawmakers Told to Lower Sportsbook Expectations

Attendees at the National Council of Legislators from Gaming States (NCLGS) in San Diego last week were cautioned to temper their expectations of huge profits when and if their...

Published January 20, 2020

Betfred Approved as Wind Creek Bethlehem Sports-Betting Partner

Regulators in Pennsylvania have approved U.K.-based Betfred as the sports betting partner of Wind Creek Bethlehem (l.), to provide online and retail services.

Published January 20, 2020

FSGA Honors Best in Fantasy Sports, Sports Betting

The Fantasy Sports & Gaming Association (FSGA) handed out industry awards last week during its annual Winter Conference. Top honors were shared by the Fantasy Footballers and ESPN, each...

Published January 20, 2020

Maine Lawmakers Will Vote to Override Sports Betting Veto

Lawmakers in Maine will vote to override Governor Janet Mills’ sports betting veto, but it’s questionable whether supporters have the votes. Mills’ decision was based on young and vulnerable...

Published January 20, 2020

New Jersey Sports Betting Numbers Explode

In 2019, New Jersey generated more than $4.5 billion from sports betting, producing $36 million in state taxes. Mobile wagers accounted for 88 percent of the bets placed in...

Published January 20, 2020

California Struggles to Create Workable Sports Betting

The most populous state in the country has failed to find its footing when it comes to sports betting. Blame the various factions at odds with each other. On...

Published January 20, 2020