FanDuel, New York Yankees expand partnership
Summary: FanDuel and the New York Yankees announced an expanded partnership, which names FanDuel as an “Official Sports Betting Partner” of the team. The multi-year extension keeps the No. 1 U.S. online sportsbook by market share in alignment with one of the highest-profile U.S. professional sports franchises. Why it matters: The expanded partnership keeps FanDuel […]
Eilers & Krejcik managing partner Chris Krafcik on Las Vegas as a Grand Prix venue
Eilers & Krejcik managing partner Chris Krafcik on Las Vegas as a Grand Prix venue “Las Vegas, with its expanding professional sports footprint and an outsized focus on entertainment, is uniquely positioned to serve as a proving ground for some potentially novel sports and gambling integrations. Given DraftKings’ penchant for boundary-pushing and expensive self-promotion, we […]
On the Wright track: Elys signs Ohio deal
Summary: Elys Technology, the sports betting minnow behind the US Bookmaking B2B and B2C operation, has agreed to an “exclusive partnership” with Wright Bet Ventures that could see the pair open 12 retail sportsbooks in Ohio pending regulatory authorization. Why it matters: Elys Technology says the deal is modeled on its successful Washington D.C. business […]
Las Vegas Formula 1 race could boost betting on motorsports
Summary: Las Vegas is set to host a Formula 1 Grand Prix in November 2023 which could see bookmakers benefit from increased betting interest on the sport. Why it matters: Formula 1 will have three championship events in the US once Las Vegas is added and with an international fanbase of more than 500 million […]
AGA calls on DoJ to carry out Black Friday on offshore books
Summary: The American Gaming Association wants the Department of Justice to take Black Friday-like action against offshore sportsbooks. Why it matters: The AGA and its members want to the DoJ to take out offshore bookmakers to drive many of the players who bet on illegal books back to regulated online betting sites.AGA CEO Bill Miller […]