Sightline announces J.P. Morgan as primary Play+ processor
Summary: J.P. Morgan will now function as the primary payment facilitator for Play+, a prepaid card used for transactions at many legal online gambling sites. Play+ parent company Sightline announced the agreement with J.P. Morgan in a Thursday press release. Why it matters: The agreement puts one of the world’s biggest banking brands behind one […]
Missouri House passes online sports betting bill
Summary: The Missouri House easily passed an online and retail sports betting proposal Thursday, the first time the Show Me State has advanced a sports wagering legalization measure out of either chamber after previous attempts fell short in each of the three previous legislative sessions. Why it matters: Following the House’s 115-33 vote, the bill […]
Better Collective purchases Canada Sports Betting
Summary: Online gambling affiliate network Better Collective acquried Canadian Sports Betting, a Canada-facing sports betting media site. Better Collective purchased the assets for a maximum price of $23.5 million USD. Why it matters: Already a major player in the U.S. affiliate economy, Better Collective’s purchase of Canada Sports Betting mirrors a broader trend of brands […]
Minnesota sports betting bill advances through latest committee
Summary: Minnesota sports betting legislation advanced Thursday along its winding political road toward legalization, passing out of the House Judiciary Finance and Civil Law Committee with a 9-6 vote. Why it matters: The judiciary committee’s vote advances the bill on to the House Tax Committee; if passed there it will likely face at least one […]
DraftKings Sportsbook at Casino Queen in Illinois opens on March 29
Summary: The 6,000 sq. ft. DraftKings Sportsbook at Casino Queen in East St. Louis, Illinois, will open its doors on March 29, with 38 betting kiosks and state-of-the-art amenities. Why it matters: The Casino Queen sportsbook is DraftKing’s first permanent retail sportsbook in Illinois.Retail betting accounts for a small percentage of overall sports betting revenue, […]