Butler on Minnesota sports betting proposal
@ButlerBets: Minnesota’s sports betting proposal is one of three bills on the House’s floor agenda for a vote this afternoon; if passed, the legislation faces opposition in the Senate, where some lawmakers oppose current structure that gives gaming tribes exclusive online licensing access
Genius Sports CPA well below industry average
@MattRybaltowski: At a time when customer acquisition costs balloon across the sports betting industry, @GeniusSports maintains an avg. CPA for new players of $225, far below the industry average CPA of $300. $GENI also acquired new depositing sports bettors at a high rate during the NFL season. pic.twitter.com/lhdjPBt4R7
Missouri lawmaker on sports betting ‘it’s dead’
Summary: As the legislative session winds down, sports betting appears to be off the table in Missouri. “It’s dead… We’ll try again next year,” Rep. Phil Christofanelli said in a text exchange with Play Missouri. Why it matters: For legal sports betting advocates, Missouri has been one of the more frustrating states. A solid candidate […]
Missouri sports betting falls short in 2022
@SteveRuddock: When states that are perfect candidates fail to pass sports betting legislation (looking at you Missouri) the reason is rarely sports betting. https://t.co/6Dggo9lBxB
AGA: ‘Sports betting and iGaming play significant role in record year’
Summary: Legal sports betting and online casinos tallied $8 billion in revenue in 2021, more than 15% of all US gambling revenue generated by commercial operators. Why it matters: Online gambling is proving to be a significant revenue generator for gaming firms. More importantly, it is proving to be an additive revenue stream, peacefully coexisting […]