DraftKings launches Ontario online sportsbook and casino
Summary: The DraftKings Sportsbook & Casino platform went live in Ontario Wednesday, marking DraftKings’ entry into the regulated Canadian market. Why it matters: The mid-May launch comes six weeks after the first wave of legal online gambling platforms debuted in Ontario. DraftKings’ chief U.S. competitors, FanDuel and BetMGM, both launched sports betting and casino sites […]
Online casinos continue as Michigan’s top online gaming vertical
Summary: The Michigan online casino market eclipsed its own single-month revenue record in April according to the Michigan Gaming Control Board. The state’s legal online casino platforms took $132.4 million in gross revenue, up 0.6% from the previous high mark, set last month. Why it matters: Online casinos continue to trend as the top revenue-earning […]
Butler on Minnesota sports betting bill hearing
@ButlerBets: Minnesota’s sports betting bill is scheduled to be heard by the Senate Finance Committee Thursday; lawmakers are divided over House-passed version that gives state tribes exclusive online sportsbook rights
BetMGM expands gift card distribution
Summary: More than 12,000 stores will carry the BetMGM gift card by the end of Q12022, doubling the current distribution of 6,000 stores. The gift card functions as a prepaid card that can be used to deposit at BetMGM’s online sportsbook platform in applicable states. Why it matters: The expanded availability of the BetMGM gift […]
Michigan OSB handle down, but revenue up in April
Summary: Online betting handle dipped month-to-month in Michigan, but revenue gained slightly in April according to the Michigan Gaming Control Board. The April betting handle slide mirrors a trend seen across several U.S. states, as the slower part of the sports betting calendar comes into focus. Why it matters: Michigan online sportsbooks generated $371.2 million […]