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Arizona Sports Betting Hit Highest Revenue of Any State in First Month

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Arizona sports betting came bolting out of the blocks in its debut month of September, taking in more gross gaming revenue than any other state did in the first month. Experts are saying it may have something to do with the Arizona Cardinals’ flying start to the NFL season. Cardinals fans celebrate during a game at the State Farm stadium. The team’s strong start to the season may be behind Arizona residents embracing sports betting. (Image: Deseret News) According to figures released this week by the Arizona Department of Gaming (ADG), the state’s sports betting operators handled $291.2 million in wagers, generating gross gaming revenue of $32.3 million. For comparison,

Arkansas Mobile Sports Betting Rules Pass Racing Commission, But With Controversy

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Arkansas voters legalized commercial casino gambling through a November ballot referendum. Along with allowing two racinos to transition into full-scale casinos with slot machines and table games – as well as two brand-new from-the-ground-up casinos – Issue 4 legalized sports betting in the state. A gambler places a sports bet at the Saracen Sportsbook in Pine Bluff earlier this year. The Arkansas Racing Commission this week moved mobile sportsbooks forward by approving provisional rules. (Image: KTHV) Sports betting commenced in the summer of 2019 at Arkansas’ two racinos turned casinos — Southland Casino Racing and Oaklawn Racing Casino Resort. A sportsbook has also since opened at the new Saracen Casino

Kambi to Provide Sports Betting Platform for Affinity Interactive’s DRF Sports

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Sports betting platform provider Kambi on Wednesday announced a deal with another emerging US operator. This time, the Malta-based technology company reached an agreement to provide sportsbook services for Affinity Interactive, which plans to operate under the brand DRF Sports. Affinity Interactive Chairman James Zenni said the multi-year partnership with gaming technology provider Kambi “is the first step” toward establishing Affinity’s DRF Sports as a sportsbook and iGaming operator. (Image: Affinity Interactive) While terms of the agreement were not released, a joint statement said the two sides signed off on a multi-year partnership. The pact calls for Kambi to provide the platform for Affinity Interactive’s online and brick-and-mortar sports betting

Ohio Sports Betting Bill Signed by Gov. Mike DeWine, 33rd State to Legalize

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Ohio sports betting is officially legal, though it will be some time until the first sanctioned wager is placed. Pre-game ceremonies at an Ohio State Buckeye football game in 2019 are pictured. The Buckeyes play the Utah Utes in the Rose Bowl on January 1. Despite the Ohio sports betting bill being signed by the governor, Ohioans will need to wait before they can place a legal wager on their home turf. (Image: USA TODAY Sports) Ohio Gov. Mike DeWine (R) signed House Bill 29 last night. The legislation allows casinos, racinos, and professional sports stadiums to seek retail and mobile sports betting licenses. Bars are permitted to partner with

As Fubo Launches in Arizona, Butera Says New Sportsbook Can Create Unique Offerings

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Fubo Sportsbook launched Monday in Arizona. It’s the second state for the app tied to the live-streaming platform fuboTV. After launching in Iowa last month, Fubo Sportsbook debuted in Arizona this week. Fubo Gaming President Scott Butera said the sports betting operator will soon expand to Indiana, New Jersey, and Pennsylvania. (Image: fuboTV) The sports betting operator received the license through its partnership with the Ak-Chin Indian Community. It is the 11th operator to establish a presence in the Grand Canyon State. As a streaming platform, fuboTV is best known for being marketed as a sports-focused service. About a year ago, the company began making acquisitions to enter the US

Caesars, Flutter Are Wells Fargo’s Top Sports Betting Equity Ideas, Tepid on DraftKings

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Following a rough stretch for a variety of sports betting stocks, some banks are reassessing ratings and price targets on those names. At Wells Fargo, Caesars Entertainment (NASDAQ:CZR) and Flutter Entertainment (OTC:PDYPY) top the list of near-term ideas. The sportsbook at Caesars Palace Las Vegas. Wells Fargo prefers Caesars and Flutter among sports betting equities. (Image: Caesars) In a note to clients today, analyst Daniel Politzer said Caesars and Flutter, the parent company of FanDuel, offer investors the most compelling risk/reward profiles in the sports wagering industry at the moment. CZR and FLTR offer the best risk/reward here, as we believe these companies’ management teams have both the credibility and

BtoBet Predicts a Galloping Return of Horse Race Betting in France

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Horse racing is a contentious topic everywhere. While some believe it should be erased permanently, others believe it still has merit. Many French citi is experiencing a little of both. However, an increase in betting on the ponies in the country has BtoBet predicting races will make a strong return. The Prix de l’Arc de Triomphe horse race in France. An increase in racing and race betting is leading some to believe that horse racing might make a resurgence. (Image: The Guardian) Over the past several years, horse racing in the US has come under fire following a string of deaths at the Santa Anita track. Some states, like Florida,

Spotlight Sports Partners with Spanish Sports Media Brand Diario AS, US Could Be Next

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Spotlight Sports Group, a company focused on sports technology, content, and media, is shining the spotlight on itself once again. The company has teamed up with Spain-based Diario AS to promote the latter’s activities in the sports realm. Diario AS offices in Spain. The sports media company is bringing in Spotlight Sports to help it enhance its user engagement. (Image: Diario AS) Diario AS is a sports publisher that has been reporting on soccer and other sports since 1967. It is behind several publications and online sites, including AS.com. Spotlight, which operates Racing Post, is now bringing its expertise to Diario AS. The objective is to provide the latter with

South Dakota’s Deadwood Sportsbooks Issued Many Fines Months After Launch

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Deadwood sportsbooks began taking bets in mid-September. Less than three months later, oddsmakers are facing an array of fines for violating state regulations. The BetMGM Sportsbook at Tin Lizzie in Deadwood is seen in October 2021. Gaming regulators in South Dakota say multiple sportsbooks have violated sports betting regulations since such operations began in September. (Image: South Dakota Public Broadcasting) Sports betting is presently operating on the premises of five Deadwood casinos — Cadillac Jack’s Gaming Resort, Tin Lizzie Gaming Resort, Gold Dust Casino, Mustang Sally’s, and Deadwood Mountain Grand. Sportsbooks are soon coming to The Lodge at Deadwood, Gold Country Inn, and Deadwood Station Bunkhouse. But the South Dakota

Maryland Sports Betting Commences, State Makes History With Woman-Owned License

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Maryland sports betting is officially underway, the first legal wager being placed at MGM National Harbor this afternoon, Dec. 9. Maryland Gov. Larry Hogan (R) cuts the tape on the BetMGM Sportsbook & Lounge at MGM National Harbor. The event today was to celebrate the start of legal sports betting in Maryland. (Image: Twitter) After months of state officials seemingly dragging their feet, sportsbooks licenses have been formally issued to five of the state’s six land-based casinos. Live! Casino Hotel Maryland in Hanover near BWI airport, and Horseshoe Baltimore Casino will debut their sportsbooks tomorrow. Maryland Gov. Larry Hogan (R) and NFL legend Joe Theismann placed the first bets at

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