NY Legislature includes downstate casinos in budget

Summary: Online sports betting changes were left out of the final draft of New York’s budget, but a major gambling expansion that will bring up to three casinos to the New York City made the final cut. Why it matters: Las Vegas-style casinos in New York City will radically alter the gambling landscape in the […]

Gambling Commission Interim CEO Andrew Rhodes at ICE

@ICE365Global: Andrew Rhodes: Gambling is a very politically and socially contested industry. I’m struck by how much misinformation there is and how much disagreement there is about statistics and what they mean#MyICE22#ICEVox

CBS Youngstown affiliate on the betJACK play money app

Ohio app betJACK getting people up to speed before sports-betting begins2:07The betJACK sports betting app has gone live in Ohio. It’s free, but right now, you can only practice without spending any money.Apr. 7, 2022Uploaded by WKBN27

Illinois OSB revenue takes expected dip in February

Summary: Illinois sportsbooks saw handle slide in February, mirroring a nationwide trend after the end of the 2021-22 NFL season. Combined sports betting handle came in at $679.4 million for the month, marking a 21.8% month-to-month drop. Why it matters: Online sportsbooks took more than 96% of all bets placed in Illinois in February, with […]

Q1 stock slides for Rush Street, GAN, Genius Sports, DraftKings

Summary: Stocks prices dropped for several big names in the U.S. online gaming space in Q1 2022, as reported by the Wagers Earnings+More newsletter Friday. Why it matters: Rush Street Interactive posted the biggest loss among major U.S. online gambling companes, with shares tumbling 57% year-to-date.GAN (53% drop YTD), Genius Sports (45% slide), and DraftKings […]