New casino, partnerships underscore Chicago gaming interest
Summary: A sweeping partnership between the Chicago White Sox and Caesars Sportsbooks as well as the announced bid for the city’s first casino have reinforced the importance for gaming in nation’s third-most populated city – and could open the door for online expansion in the future. Why it matters: For much of the 20th Century, […]
DraftKings CEO discusses earnings on CNBC
Macroeconomic conditions could help sports betting gain more momentum, says DraftKings CEO3:39Jason Robbins, DraftKings CEO, joins ‘Squawk on the Street’ to discuss the company’s quarterly earnings results, what the competitive landscape looks like in sports betting and if the macroeconomic environment could help with sports betting legalization. For access to live and exclusive video from […]
New York crosses $6bn online betting handle since January launch
Summary: New York online sportsbooks have generated $6.27 billion in bets in 2022, according to revenue reports from the NYS Gaming Commission. State mobile sports betting apps took $295.2 million in wagers for the week ending May 1. Why it matters: New York launched online sports betting on January 8, 2022, and the $6.27 billion […]
San Diego Padres’ Musgrove, Sycuan Casino enter partnership
Summary: San Diego Padres pitcher Joe Musgrove and San Diego’s Sycuan Casino announced a partnership in a Thursday press release. The one-year deal marks the first endorsement partnership between an MLB player and a California-based casino. Why it matters: Sports betting isn’t yet legal in California, but that could change after the November 2022 election. […]
Yahoo Finance on online gambling earnings reports
Sports betting stocks: Penn Gaming, Caesars, DraftKings report earnings4:22#PennGaming #Caesars #DraftKings #YahooFinance Yahoo Finance reporter Josh Schafer breaks down the earnings details for gaming stocks Penn Gaming, Caesars and Draft Kings. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYEMay. 5, 2022Uploaded by Yahoo Finance