FanDuel continues dominance of New York OSB market
Summary: FanDuel took 40.6 percent of all online bets placed in New York for the week ending March 27, continuing to dominate the state’s OSB market. FanDuel Sportsbook’s share of total revenue came in at 68.4% for the weel. Why it matters: While promotional spend briefly put Caesars Sportsbook in New York’s No. 1 spot […]
DraftKings to launch Puerto Rico online, retail sportsbooks
Summary: DraftKings will enter the Puerto Rico online sports betting market in partnership with Foxwoods Casinos, per a Monday press release. DraftKings’ online launch is pending approval from Puerto Rico regulators, while a DraftKings-branded retail location will open within weeks at Foxwoods El San Juan Casino. Why it matters: DraftKings Sportsbook joins BetMGM as online […]
DraftKings says it is “working closely” with regulators Ontario on launch
DraftKings spokesperson says company is still working on Ontario launch“DraftKings is working closely with provincial regulators to bring our top-rated mobile sportsbook and casino products to Ontario as soon as possible.”- Spokesperson for DraftKingsApril 4, 2022
Stutz on DraftKings SEC filing and acquisition of GNOG
@howardstutz: In an SEC fling, @DraftKings says it expects to close its $1.56 billion acquisition of Golden Nugget Online Gaming by the end of next month. Could this finally mean a @DKSportsbook in Las Vegas?Background from August https://t.co/KI41RGAeqg@TheNVIndy
Online verticals accounted for 7% of total US gambling spend in 2021
Summary: Online gambling took a 7% share of the overall U.S. legal gambling market in 2021, according to research from Eilers & Krejcik Gaming. The EKG report counts online casinos, online sports betting, pari-mutuel advance deposit wagering on horse racing, and online lottery markets under the online gambling revenue category. Why it matters: While legal […]