DraftKings has launched its online sportsbook in Puerto Rico for residents on February 23, following the rollout of its retail sportsbook at Foxwoods El San Juan Casino in November. Residents can access the sportsbook after registering at the Foxwood El San Juan Casino, while non-residents can only access the retail location. Those registered will have…
A Wisconsin Representative is confident his sports betting bill will pass the state Assembly during this session. Assembly Speaker Robin Vos has stated that Thursday will be the final day. Sponsored by Representative Tyler August, the bill can reportedly be brought up on any legislative day, as it is currently on a delayed calendar. “We’re…
Virginia’s iGaming bill, which would allow internet casino gaming, including slots and blackjack, narrowly passed the Senate with a 19-17 vote on Monday, after lawmakers had previously voted against it on the same day. Senate Bill 118, introduced by Sen. Mamie E. Locke, would allow each of the state’s casinos to offer iGaming through…
The South Dakota Senate approved a resolution by a vote of 23-10, allowing South Dakota residents to vote on whether the state should legalize sports betting. The proposed resolution, Senate Joint Resolution 504, would reduce property taxes for residents by using 90% of tax revenue generated by sports betting to replace property taxes. Additionally, if…
Prediction market platform Kalshi saw trading on the Super Bowl surpass $1 billion this year, rising more than 2700% year-on-year. Speaking on CNBC’s ‘Squawk Box,’ Kalshi’s CEO, Tarek Mansour, called the Super Bowl an incredible weekend, and claimed “Kalshi was the biggest brand of the Super Bowl this year, without running a Super Bowl ad,…
Genius Sports has announced that it has reached an agreement to acquire digital sports and media network Legend. The transaction is valued at up to $1.2 billion, with $900 million payable at closing and a $300 million earnout. According to Genius Sports, the group expects to increase its adjusted EBITDA margins and Free Cash Conversion…
The Mississippi House has passed HB 1581 to legalize online sports betting for the third year in a row. Passed with an 85-31 vote on Wednesday, proponents of the bill say it could generate tens of millions of dollars in new tax revenue for the state. An amendment was also added to this year’s proposal,…
Cryptocurrency and derivatives exchange Crypto.com has launched a new standalone prediction market platform, dubbed OG, just days before Sunday’s Super Bowl LX matchup between the Seattle Seahawks and the New England Patriots. According to Crypto.com, the new platform will feature various sports event contracts, regulated by the Commodity Futures Trading Commission (CFTC), for upcoming events…
Bally’s has officially submitted its application to Clark County for its Las Vegas Strip project, which will accompany the Athletics Las Vegas ballpark. According to the application, the estimated completion date is the end of 2030, and the cost is $1.19 billion. The application lists Bally’s expectation to apply for 13 building permits for its…
BetMGM has officially become the official sports betting partner of the NHL’s St Louis Blues through a multi-year partnership, offering exclusive opportunities to the Blues’ fans. As part of the partnership, BetMGM signage and branding will be displayed throughout the Enterprise Center, with both companies posting co-branded social media content and providing premium hospitality experiences.…
