FanDuel and DraftKings combined for nearly 86% of the new market. But operators’ deductions for promotions wiped out nearly all the tax revenue to the state.
Officials have confirmed the dates for a dozen WSOP 2023 live events including the new Gladiators of Poker costing just $300.
After winning Maryland Lottery and Gaming Control Commission (MLGCC) approval, another panel will consider applications by both operators for a mobile sports wagering license next week.
The state estimates annual tax revenue from online sports betting in Maryland will total $30 million next year and reach $100 million by 2027.
American Gaming Association (AGA) says a huge increase in the number of US online sportsbooks since the 2018 tournament will drive wagers, which are expected to hit $1.8 billion.
Less than 7 weeks after launching in Indiana, the operator is no longer accepting deposits or wagers. Customers have 4 weeks to withdraw any remaining funds.
Sports betting revenue hit a record $1.7 billion after Americans made just shy of $16 billion in sports wagers. Meanwhile, iGaming revenue is on pace to set a new full-year record in 2022.
Prop 27, an industry-backed initiative to legalize online sports betting in CA through partnerships with tribal casinos, only won 16.7% of votes.
Identity of the lucky winner is not yet known, but the ticket was sold at a gas station in suburban Los Angeles. The owner of the gas station received a bonus check for $1 million for the sale.
Judicial Arbitration and Mediation Services (JAMS) rules that Fox Corp. has until August 2023 to acquire up to 50% of The Stars Group US, a Flutter subsidiary that includes PokerStars US.