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New York awards mobile sports betting licenses; Oneida Indian Nation has a stake in the game

Mobile sports betting should be in place in New York state by the upcoming NFL playoffs Super Bowl now that the State Gaming Commission has chosen the operators that are in line to receive licenses.One of the two winning bids includes the Oneida Indian Nation as a “stakeholder.” The gaming commission today recommended two multi-operator…

Montana

Does BetMGM Growth Change Calculus For Entain Deal With DraftKings?

BetMGM is at the center of the three-way M&A tussle between DraftKings, Entain and MGM Resorts. While that situation is being untangled, the joint venture keeps on proving its worth. BetMGM delivered Q3 revenues of more than $200 million, according to Entain’s Q3 results. That was good for a​ 26% share of markets where BetMGM…

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‘DiscoShow’ at center of Spiegelworld-Caesars $75M deal

Spiegelworld, the scrappy production troupe that landed in Vegas 10 years ago, announced Thursday a $75 million partnership with Caesars Entertainment to create new shows in Las Vegas for Caesars Atlantic City and Caesars Palace in New Orleans over the next two years. Best known for its runaway, raunchy hit “Absinthe” performed in a tent…

Montana

Fanatics Files Multiple Online Gaming, Sports Betting Patents

Fanatics Files Multiple Online Gaming, Sports Betting PatentsFanatics Files Multiple Online Gaming, Sports Betting Patents= 0; i–) { var n = o[i]; if (p === n.name) { return n } } return undefined } function g() { if (k) { if (k.getEntriesByType) { return k.getEntriesByType(“mark”) } else { if (k.webkitGetEntriesByType) { return k.webkitGetEntriesByType(“mark”) } }…

Montana

Mobile NY Sports Betting License Winners Are In

The New York State Gaming Commission recommended nine mobile NY sports betting operators be licensed at its Monday meeting. The two winning bids: Bally Bet, BetMGM, DraftKings Sportsbook and primary applicant FanDuel Sportsbook. Caesars Sportsbook, PointsBet, Resorts World, Rush Street Interactive, WynnBET and primary applicant Kambi. Those sportsbooks will see gross sports betting revenue taxed at 51%. All nine will be licensed for 10 years…

Montana

Spiegelworld and Caesars plan three new shows in Las Vegas, Atlantic City and New Orleans

Caesars Entertainment and Spiegelworld today announced a monumental next step in the two companies’ successful Las Vegas entertainment partnership, which began with the opening of Absinthe at Caesars Palace more than 10 years ago. A collaborative expansion will aim to create three new production shows in the coming years at the Linq Hotel in Las…

Montana

WynnBET Secures Market Access in New York

LAS VEGAS, Nov. 8, 2021 /PRNewswire/ — WynnBET, the premier online sports betting and casino (“iGaming”) app from the global leader in luxury hospitality, Wynn Resorts, announced on Monday it has obtained market access in New York for online sportsbook operations. New York represents the 19th jurisdiction in a rapidly growing footprint of states in…

Montana

No Deal For DraftKings And Entain As Talks Terminated

DraftKings will not be buying international gaming company Entain. DraftKings issued a statement Tuesday morning saying it would not make a firm takeover offer following “further discussions” with Entain. The Nasdaq-listed operator said it was confident in its outlook without the deal. A statement read: “Based on our vertically-integrated technology stack, best-in-class product and technology…

Montana

NJ Sportsbooks Break $1 Billion Handle Mark In September

NJ sportsbooks made history in September with the first reported $1 billion handle in a single month. Handle was $1.011 billion, which is up 35.1% from the $748.6 million bet last September. Operators are likely much happier with the 82.9% spike in revenue, though. Sports betting revenue was $82.4 million, good for 8.2% hold and…

Montana

New York picks 9 vendors for lucrative mobile sports betting. What happens next

Staff and wire reports  |  New York State Teamhttps://imasdk.googleapis.com/js/sdkloader/ima3.js { // query dom only after user click if (!vdContainer) { vdContainer = document.getElementById(‘videoDetailsContainer’); vdShow = document.getElementById(‘vdt_show’), vdHide = document.getElementById(‘vdt_hide’); } vdContainer.hidden = !(vdContainer.hidden); // show/hide elements if (vdContainer.hidden) { vdShow.hidden = false; vdHide.hidden = true; } else { if (!flagCaption) { flagCaption = true; fireCaptionAnalytics()…