Gambling Industry News

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PlayAGS Signs Deal with DraftKings Casino

Details: Category: Gambling Industry; Created: Tuesday, 07 February 2023 03:17

PlayAGS is an online casino content supplier. It announced its partnership with DraftKings Casino. Also, it is part of PlayAGS's plan to increase its presence in the North American online gaming market.

To help DraftKings accelerate its online casino operations in the US, PlayAGS has signed a new content deal with the Boston-based company. Under the terms of the agreement, PlayAGS will deliver a portfolio of over 20 proprietary slot titles, expanding on the parties' existing casino content partnership.

Gary Hardy, senior vice president and general manager of Interactive at PlayAGS, described the launch of PlayAGS' real-money gaming content at DraftKings Casino as "a tremendous milestone for the company."

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Massachusetts to Review Applications for Mobile Sports Betting Licenses

Details: Category: Gambling Industry; Created: Friday, 30 December 2022 16:59

Players must wait until the end of January to determine which sports betting firms will get mobile sports betting licenses. So it is according to a new timeline from the Massachusetts Gaming Commission.

Category Three unattached sports betting license applications are for companies that seek to offer digital or mobile-only gambling. However, they are not affiliated with a casino, horse racetrack, or simulcasting facility. The Massachusetts Gaming Commission will start its review beginning next week.

According to sports betting software reviews, FanDuel, Bally's Interactive, BetR, PointsBet, DraftKings, and Betway are among the six businesses that have applied to provide independent mobile sports betting in Massachusetts.

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ESPN and DraftKings Close to Signing a Sports Betting Deal

Details: Category: Gambling Industry; Created: Tuesday, 04 October 2022 16:08

Various gambling industry news sources show that DraftKings and ESPN are close to signing a sports betting deal. Also, DraftKings would rebrand its sportsbook to include the name of the sports broadcasting company.

Both ESPN and DraftKings would gain from working together. ESPN could make money from the growing market for sports betting. On the other hand, DraftKings will be linked to the most popular sports broadcaster, including college basketball and football. As part of its purchase of Fox's entertainment assets, Disney currently owns 6% of DraftKings.

Pay per head bookie operators and sports fans watch sports events using the ESPN app. Also, a large number of viewers are interested in betting on sports. Thus, DraftKings' offering sports betting through the app could improve its market share.

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October Marks a Record Month for Virginia Sports Betting Sites

Details: Category: Gambling Industry; Created: Sunday, 04 December 2022 05:52

Virginia sports betting sites achieved a milestone in their monthly handle in October. According to pay per head bookie experts, football season drove the bigger handle. Also, Virginia approved more operators during the month.

According to the Virginia Lottery, the state's online sports betting companies processed $528 million in wagers in October, up from $411.3 million in September.

Virginia's sportsbooks never had a monthly handle of more than $500 million before October.

In October, the handle for Virginia's 13 licensed operators was also 23.6 percent greater than the $427.3 million wagered in October 2021. During that time, there were only nine sportsbooks.

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Kansas Sportsbook Officially Opens

Details: Category: Gambling Industry; Created: Sunday, 11 September 2022 17:31

FanDuel and Boyd Gaming announced the opening of the FanDuel Sportsbook. You can find it at the Kansas Star Casino. Also, former Kansas State Wildcat Jordy Nelson attended the ribbon-cutting ceremony of the Kansas sportsbook.

According to sportsbook software reports, sportsbooks in the state had a soft launch starting September 1. However, the opening of the FanDuel Sportsbook on September 8 is the state’s official launch. Also, it coincided with the start of the NFL season.

The Kansas Star Casino is hoping that the sportsbook can draw sports fans. But, they also confessed that the sportsbook required a lot of work in a short period. According to a sportsbook watchdog, the company worked triple shifts to ensure it opened in time for the NFL season kickoff.

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Fox Wins Right to Purchase FanDuel Stake

Details: Category: Gambling Industry; Created: Sunday, 06 November 2022 08:41

Fox won the right to purchase FanDuel stake from its parent company Flutter. However, the price was not what they expected. Should Fox choose to buy the 18.6 percent stake, its price would be at least $3.72 billion.

The ruling puts an end to the lengthy legal dispute between the two businesses over how much FanDuel should be valued at. Along with services from DraftKings, Caesars, and MGM, FanDuel has become one of the top sports betting platforms in the United States.

According to bookie pay per head sources, Fox would be required to pay a sum based on a $20 billion FanDuel value. At an anticipated price of $11.2 billion, Flutter, which owns about 95% of FanDuel, purchased a 37.2 percent share in the business in December 2021. Fox had contended that the cost ought to be determined by that bar.

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Barstool Sportsbook Signs Deal with Kansas Speedway

Details: Category: Gambling Industry; Created: Sunday, 31 July 2022 03:29

Barstool Sportsbook signs deal to become a marquee partner for the Kansas Speedway. It is part of the battle to gain traction in the state as it prepares to launch the sports betting market this fall.

The Kansas Speedway announced that the upcoming NASCAR race on September 11 would be rebranded as Hollywood Casino 400 presented by Barstool Sportsbook. Also, the Hollywood Casino will open a temporary sportsbook during race day to accept wagers on NASCAR races.

According to gambling industry experts, the Barstool Sportsbook at the casino will improve fan engagement and interest during race day. Thus, the Kansas Speedway is enthusiastic about the opportunity.

Barstool Sportsbook Signs Deal

Kansas regulators are pursuing a fall launch for sports wagering. Also, they hope to open in time for NFL wagering during Week 1. So it would be a speedy circle back for the state, which legalized sports wagering throughout the spring legislative session.

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