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BetMGM relocating Cincinnati retail sportsbook

Morning Buzz / Wednesday, June 21, 2023
BetMGM will announce today that it is relocating its retail sportsbook in Cincinnati from a temporary location at Great American Ball Park to a more trafficked spot at “The Banks," a mixed-use development across the street from the home plate entrance. BetMGM and the Reds will pair with locally-owned...

DraftKings makes 11th-hour effort to outbid Fanatics for PointsBet

Daily / Friday, June 16, 2023
PointsBet’s sale of its U.S. wagering division to Fanatics has “stalled at the last minute after a late matching bid" from DraftKings, according to Amelia McGuire of the SYDNEY MORNING HERALD. PointsBet revealed to the Australian Securities Exchange on Friday that DraftKings had “ lodged a late bid...

Colorado gambling regulators pause plan to open exchange betting in state

Daily / Friday, June 16, 2023
Colorado’s gaming regulators on Thursday did “not approve a plan that would open the state to a new form of sports betting that’s been described as a stock exchange for gamblers,” according to Noelle Phillips of the DENVER POST. The Colorado Limited Gaming Control Commission “voted 3-1 to take...

NFL opens up gambling category abroad for teams

Closing Bell / Thursday, June 15, 2023
NFL teams with foreign marketing rights will have greater freedom to sell sportsbook sponsorships in their designated countries, part of a series of changes made today to give teams more chances to make money and recruit new fans overseas. Until now, teams in the NFL’s Global Markets program could...

N.C. sports betting bill signed, starting within a year

Closing Bell / Wednesday, June 14, 2023
North Carolina Gov. Roy Cooper "legalized long-sought plans for sports gambling" in the state after signing the Sports Wagering Bill "into law at the Spectrum Center in uptown Charlotte" this morning. The legislation will "allow for regulations and safe guards on betting" and will also "open channels...

North Carolina governor to sign sports betting bill

Morning Buzz / Wednesday, June 14, 2023
North Carolina Gov. Roy Cooper will "sign a bill into law" today that will "legalize online sports betting across the state." Cooper will be "at the Spectrum Center in Charlotte" at 11am ET to sign House Bill 347, which passed through both chambers of the NC General...

Fanatics looking to the future of sports betting as it slowly enters the market

Daily / Tuesday, June 13, 2023
While 33 states plus D.C. have passed some form of legalized sports wagering -- and more than two dozen allow mobile betting, Fanatics has "still not entered the market in a real, meaningful way," according to Jeff Neiburg of the PHILADELPHIA INQUIRER. FanDuel and DraftKings, which “combined for nearly...

Equibase, Pramana team up to generate horse racing betting tips

Weekly / Monday, June 12, 2023
The Triple Crown races get exponentially more eyeballs and wagers than any other horse draw of the year. For most of the novices, gaining insight beyond the betting favorite (Forte, 5-2) or a prior winner (like this year’s Preakness champion, National Treasure) is challenging. ...

BetMGM first to launch sportsbook in P.R.

Morning Buzz / Wednesday, June 7, 2023
BetMGM becomes the first regulated sportsbook to offer its app in Puerto Rico today when it launches in partnership with La Concha Resort in San Juan, where it opened a retail sportsbook with 12 kiosks and five betting windows in February 2022. Caesars, which opened a retail outlet at...