John Holden on sports betting in California
John Holden on multiple California sports betting initiatives appearing on the ballot”If you have more than one ballot initiative on the same subject, you might as well have none.”- John Holden, Assistant Professor at Oklahoma State University (Source Link)
Ontario fines BetMGM and PointsBet for advertising violations
Summary: The Alcohol and Gaming Commission of Ontario (AGCO) has fined two operators, BetMGM Canada and PointsBet Canada, for violating the province’s advertising rules. Why it matters: Ontario’s marketing restrictions around bonusing and gambling inducements are the strictest in the world, and the fines are a warning shot to licensees that it intends to enforce […]
Bally’s reportedly set to earn Chicago casino license nod
Summary: Bally’s will reportedly earn Mayor Lori Lightfoot’s support for Chicago’s casino license, according to the Chicago Sun-Times, a boost to a company that has steadily expanded its brick-and-mortar assets but has struggled in the online marketplace. Why it matters: Despite lofty plans to be among the nation’s leading online sports betting operators, the company […]
California online sports betting measure set to qualify for ballot
Summary: An initiative that would allow California voters to approve statewide mobile sports betting has earned more than enough signatures to qualify for this year’s ballot, according to organizers and multiple media outlets. Why it matters: California is the major prize for U.S. sportsbooks; a group led by DraftKings, FanDuel and BetMGM have already committed […]
FanDuel continues US OSB market share lead in March
Summary: Fantini Research reported that FanDuel led all U.S. operators in online sports betting market share in March. FanDuel’s 37.9% revenue share nearly doubled that of any competitor. Why it matters: DraftKings (19.7% March market share) and BetMGM (19.3%) followed FanDuel as the Nos. 2 and 3 online sports betting brands in March.Sports betting revenue […]