Arkansas sports betting up 100 percent since Betly launch
Summary: The debut of the state’s first legal mobile sports wagering app, Betly, has increased betting handle by 100% in Arkansas. That figure comes from the Arkansas Department of Finance, according to an article by the FOX Northwest Arkansas affiliate. Why it matters: While the launch of Betly made an immediate impact in Arkansas, the […]
Massachusetts State Sen. Nick Collins on sports betting’s chances in the Senate
Keller @ Large: Will Massachusetts Ever Legalize Sports Betting?5:03WBZ-TV political analyst Jon Keller talks to Massachusetts State Sen. Nick Collins.Mar. 20, 2022Uploaded by CBS Boston
Deutsche Bank on promo spend versus GGR
Analysts make a point about negative NGR in Michigan and Pennsylvania”We would also note that operators which curbed or held promotions relatively firm year over year broadly experienced meaningful handle contraction year over year, while those which expanded promotions drove the marketwide handle growth.”- Carlo Santarelli, Analyst, Deutsche BankMarch 18, 2022
DraftKings’ Robins accuses short-seller of incompetence
Summary: The CEO took to Twitter to say he had a “hard time” believing Jim Chanos, the man behind short-selling hedge fund Kynikos Associates, had simply made a mistake in his original assessment of DraftKings. He suggested that for a “supposedly… sophisticated shop” the “very simple error” was one that “anyone who invests (or shorts) […]
Legal experts assess Ontario’s rules for online gambling affiliates
Summary: As Ontario inches towards its April 4 online gambling launch date, the Alcohol and Gaming Commission of Ontario (AGCO) has unveiled its rules for affiliates and third-party marketers, which are more stringent than the US, according to Ifrah Law. Why it matters: Ontario’s rules place the onus for affiliates and third-party marketers on the […]