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Viktor Kimble

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Illinois Sports Betting: FY 2022 Sees Nearly 61% Yearly Increase in Revenue

Sep 30, 2022 • 3:11 PM ET

Illinois also ranked third nationwide in sports betting handle from January through July 2022, with nearly $5.3 billion bet — behind New York ($9.3 billion) and New Jersey ($6.3 billion).

BtoBet Forecasts Tripling of Sports Betting Revenue by 2026

Sep 29, 2022 • 11:26 AM ET

The report predicts that within the next 3-4 years, U.S. legal sports betting revenue will triple, while almost 90% of gross gaming revenue will come via mobile sportsbook apps.

New Jersey Sports Betting to Soon Include Esports Wagering?

Sep 27, 2022 • 4:32 PM ET

Bill S2986 was filed last Thursday by state Sen. James Beach, D-Cherry Hill, and would define esports as "internet gaming," provide for additional internet gaming permits, and authorize additional esports-only permits for sports wagering.

More Support Comes in for Missouri Sports Betting Bill Reintroduction

Sep 27, 2022 • 10:31 AM ET

"Come January, we'll have the bill filed again and we'll be off and running with it," said Missouri Rep. Dan Houx.

California Sports Betting: Proposition 27 Campaign Slashing TV Ad Spend

Sep 23, 2022 • 10:34 AM ET

The back-and-forth battle over potential California sports betting legislation is coming to a head. After months of excessive advertising spending, the sportsbook-backed "Yes on 27" campaign is scaling back its ad spend.

Massachusetts Gaming Commission Digs Deeper into Temporary Sports Betting License Quagmire

Sep 22, 2022 • 3:56 PM ET

Major sportsbooks presented to the MGC today to discuss the issues of temporary sports betting licenses and the question of staggered vs. universal launch date — with operators differing in their opinions of how the Bay State should proceed.

Ohio Sports Betting: Poll Shows Only 15% of Voters Plan to Wager

Sep 21, 2022 • 4:49 PM ET

The survey found that 4% of respondents intended to wager using an online sportsbook, 3% expect to place in-person bets at a casino or sporting venue, and 8% expect to do both.

New Poll Reveals Nearly Half of Likely Minnesota Voters Back Legal Sports Betting

Sep 20, 2022 • 4:05 PM ET

A new poll released on Sunday by Mason-Dixon Polling & Strategy found that nearly half of respondents are in favor of legal sports betting in the Gopher State.

California Sports Betting: New Poll Suggests Sportsbooks Staring at Proposition 27 Defeat

Sep 15, 2022 • 5:10 PM ET

The sportsbooks are facing an uphill battle in California to reverse the negative voter tide on Proposition 27, following the release of a poll that revealed likely voters would reject the online sportsbook legislation by a 54% to 34% margin.

Massachusetts Gaming Commission Weighing Ban Ads Geared to Under-21 Bettors, Implementing Betting Safeguards

Sep 14, 2022 • 5:04 PM ET

"It is widely recognized that wagering ads tend to emphasize the positive aspects of the gambling experience and skew outcome expectancies towards inflated prospects of winning," said Dr. Michael Wohl.

Kambi Eyes Boost to Tech Capabilities With Shape Games Acquisition

Sep 13, 2022 • 4:25 PM ET

"I’ve always been clear on our intention to acquire technology and talent that will complement and enhance our sportsbook proposition, and I have no doubt Shape Games will do just that," said Kristian Nylen, CEO and co-founder of Kambi.

California Sports Betting: Sportsbooks Strike Back in Betting Debate Ad Wars

Sep 12, 2022 • 3:58 PM ET

The back-and-forth battle between rival California sports betting bills continues leading up to the November 8 vote, with the sportsbook-backed Prop 27 not only fighting against Prop 26 supports — but now also clashing with public opinion.

Massachusetts Sports Betting: Despite More Meetings, Rollout Timetable Still Unclear

Sep 9, 2022 • 4:40 PM ET

Those expecting the MGC to set out a concrete timeline for launching sports betting in Massachusetts were sadly disappointed, as the only actions taken during the course of a seven-hour session Thursday was the passage of budgetary and regulatory measures.

Maryland Sports Betting: At Long Last, State Begins Accepting Mobile License Applications

Sep 7, 2022 • 2:13 PM ET

Maryland took a small, but important, step toward rolling out mobile sports betting when the state's Lottery and Gaming Commission (MLG) announced on Tuesday that it had begun accepting applications for online sports wagering licenses.

California Sports Betting: Are the Tribes Turning the Tide Against Sportsbooks?

Sep 6, 2022 • 1:24 PM ET

The tide may be turning against the major sportsbooks and their joint effort to pass Proposition 27, the legislative initiative that would legalize online sports betting in California.

Betr Releases Micro-Betting Platform, Real Money App On the Way

Sep 6, 2022 • 11:44 AM ET

The Jake Paul-led Betr app, which is focused on the micro-betting niche market, launched its free-to-play platform on September 1 — with a real-money version expected in the coming months, beginning in Ohio.

Massachusetts Sports Betting: FanDuel, Caesars Latest Major Operators to Queue Up for Licenses

Sep 2, 2022 • 3:26 PM ET

FanDuel and Caesars filed their notices of intent to obtain Massachusetts' 15 initial sports betting licenses — bringing the total up to 42 applicants.

MGM Resorts Completes $604 Million LeoVegas Acquisition

Sep 1, 2022 • 4:24 PM ET

U.S.-based MGM Resorts International announced on Wednesday that it completed its $604-million acquisition of Swedish gaming company and online sports betting operator LeoVegas, after the deal was accepted by 96% of shareholders.

PointsBet FY2022 Report: North America Driving Business, Expecting Aggressive Growth in Ontario

Aug 31, 2022 • 4:13 PM ET

PointsBet released its 2022 fiscal-year report today, noting that the U.S. market will continue to be a driver for the business — but also expecting aggressive market growth in Ontario over the next 6-12 months.

Battered Gaming Stocks Poised for an NFL Booster Shot

Aug 30, 2022 • 3:35 PM ET

With the upcoming NFL season just over a week away, online sports betting (OSB) stocks are coming back in favor, with companies such as DraftKings seeing its stock become recommended investments once again.

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