Paysafe expands into Louisiana and Oregon

Summary: The alternative payments provider said it is now facilitating transactions for Caesars, WynnBet and DraftKings in Lousiana and also in Oregon with the latter. It added that several Louisiana books were also using its Income Access affiliate platform to track their affiliate transactions. Why it matters: The infrastructure of sports betting is a necessary […]

Fubo Gaming gains access in three more states

Summary: The gaming offshoot of the subscription TV provider said it now has market access in Missouri, Mississippi and Louisiana via its previously announced agreement with Caesars Entertainment. Why it matters: Market access is less than half the battle for Fubo which is hoping to prove itself against analyst skepticism that a sports betting model […]

New York and Louisiana openings power OSB app download surge

Summary: Betting app downloads were up 178% year-over-year in January to 2.7 million thanks to the launches of mobile sports betting in New York and Louisiana and 23% more sporting events to bet on compared with January 2021. Why it matters: Sportsbooks’ share of app downloads is an indicator of a brand’s popularity, but doesn’t […]

Focus on profits will lead to more M&A, says Bally’s boss

Summary: The focus shift from growth-at-all-costs to profits will lead to even more M&A in the sports betting space, Bally’s Chairman Soo Kim recently commented. Why it matters: With investors expecting growth to translate into profits, it could soon be crunch time for a number of OSB brands, with more consolidation likely.Online sports betting companies […]