Mobile sports betting will be tethered to the state’s 11 land-based casinos and is scheduled to launch on January 1, 2023. Barstool and FanDuel could have their partners lined up already.
FOX Bet is only live in four US states and is among the smaller sportsbooks. Could synergies like those proposed in Ontario between FanDuel & PokerStars work in the US?
CEO Richard Schwartz says company is “very optimistic and excited” by innovations in product development, which now includes the team from Run It Once Poker (RIO).
“Multi-brand” strategy suggests DraftKings will keep Golden Nugget product in Michigan, New Jersey, and West Virginia. Expansions into Connecticut, Pennsylvania, and Ontario also possible.
The global gaming conglomerate’s US division, which includes FOX Bet and PokerStars, acquired 1.3 million additional customers during the quarter, helping offset losses elsewhere.
The unexpected merger would give MGM a more robust presence in online casino gaming, but it could also complicate its relationship with Entain and year-old plans to launch LeoVegas in New Jersey.
Four federally recognized tribes will have a monopoly on mobile sports betting, but 10 licenses for retail sportsbooks will also be available under new legislation signed by Governor.
Bill would allow seven tribal and four commercial casinos to each have three skins for sports betting. It would also earmark 80% of tax revenue for incentives to lure pro sports teams to Kansas.
888 had planned a Wednesday launch for its new Virginia sportsbook, but failed to get app approval through the Google Play Store. Another attempt to launch could come next week. Meanwhile, Betway will launch on May 18.
Maine bill would give each of four federally-recognized tribes a mobile sports betting license. 10 retail sportsbooks would be available to commercial tracks, casinos, and OTB facilities.