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Genius Sports Lifts 2021 Revenue Outlook by 35 Percent

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In its second earnings report as a stand-alone public company, Genius Sports (NYSE:GENI) said Thursday sales in the January through March period jumped 52 percent to $53.7 million, easily beating analysts’ estimate of $44 million. Genius Sports CEO Mark Locke pictured during a recent interview. The company raised 2021 revenue guidance. (Image: Bloomberg) That’s impressive,

Nebraska Sports Betting Bill Passes, But Cornhusker Football Excluded

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Nebraska lawmakers yesterday signed off on legislation that authorizes sports betting. But odds involving state universities and colleges will not be allowed.  The Nebraska Cornhuskers celebrate in 2019 after scoring a touchdown. Sports betting is coming to Nebraska, but there won’t be odds on the Cornhuskers. (Image: Omaha World-Herald) Legislative Bill 561 passed the unicameral

Mobile Sports Betting Closer to Approval in Louisiana in Time for Football Season

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A bill allowing mobile sports betting breezed through the Louisiana Senate on Wednesday. This sets the stage for possible sports betting by football season this fall, according to reports. Economist Stephen Barnes, left, and Senate President Page Cortez of Lafayette confer during this year’s Louisiana legislative session. Cortez has sponsored a bill to allow mobile

FanDuel, DraftKings Lead Ad Spending Surge Among Online Sportsbooks

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FanDuel and DraftKings accounted for a significant percentage of the $154 million spent in the first quarter by online sportsbook operators on local television advertising. A man celebrates his winnings in an old DraftKings daily fantasy sports commercial. The company and its rivals are spending big on local TV ads for sports betting. (Image: YouTube)

Florida Legalizes Sports Betting, Craps, Roulette in $2.5B Gambling Deal

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Lawmakers in Tallahassee on Wednesday approved the biggest tribal casino revenue-share deal in America and legalized sports betting in Florida in the process. Florida’s House of Representatives (pictured) passed the $2.5 billion gambling plan on Wednesday by 97 votes to 17. (Image: WJCT News) The legislature had called a special session to consider the $2.5

FanDuel Opening Product Development Office in Atlanta, Seeking 900 Employees

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FanDuel announced today it will build a new product development campus in downtown Atlanta.  Atlanta’s downtown skyline pictured against a sunset above. FanDuel says it will open a product development office in the Georgia capital. (Image: Atlanta Traveler) The sports betting and iGaming behemoth say it’s looking to hire more than 900 employees over the

Entain Mulling Run at William Hill International Business

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Entain Plc (OTC:GMVHY) is considering joining the fray of bidders for William Hill’s non-US assets, including the sportsbook operator’s famed UK betting shops. A bettor outside a Ladbrokes shop in the UK. Owner Entain could make a run at William Hill’s international assets. (Image: Getty Images) Caesars Entertainment (NASDAQ:CZR) recently completed its $3.69 billion acquisition

Maryland Gov. Larry Hogan Signs Sports Betting Bill, Ravens and BetMGM Partner

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Maryland is the latest state to formally sign sports betting into law. Gov. Larry Hogan (R) signed HB940 on Monday. The bill legalizes sports betting in Maryland. Maryland Gov. Larry Hogan signs sports betting into law. The state will allow various interests to participate, including casinos, horse racetracks, and professional sports stadiums. (Image: Governor Larry

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