Kevin Durant has agreed to a four-year $164 million deal with the Nets. The Nets will also sign Kyrie Irving and DeAndre Jordan to four-year deals. Reacting to the news, Vegas sportsbooks moves the Nets’ 2020 title odds from +2600 to +1700. LAS VEGAS – If losing the NBA Finals in six games to Toronto … Read more
Betting industry insiders claim that DraftKings wants to purchase SBTech. The move would give DraftKings its own in-house sportsbook technology backend. DraftKings has not publicly indicated its interest in SBTech. BOSTON – According to several industry insiders, DraftKings is looking at buying SBTech. SBTech, headquartered in the Isle of Man, is an international sportsbook technology … Read more
William Hill sued FanDuel in 2018. The suit, filed in federal court, was settled in February. William Hill has now donated $50,000 of the settlement to Rutgers University – Newark. ATLANTIC CITY, N.J. – Lawmakers have long feared that expanded sports betting would lead to integrity issues. And in the case of two major US … Read more
Indiana may not ready for legal sports betting by September 1. The Indiana Gaming Commission still has plenty of work to do before their meeting on August 28. The legal sports betting age in Indiana will be 21 years-old. INDIANAPOLIS – Indiana sports betting was expected to be up and running by September 1, with … Read more
In order to win a parlay, every single “leg” of the betting slip must finish as indicated on your card. Parlays can quickly increase their odds and payouts with adding more teams, but doing so lowers your chances of success. New Jersey has seen bettors win 86% of all parlay betting action, relatively high compared … Read more
The partnership will make the TV platform available only to NJ residents for now. The base package for fuboTV is $54.99 per month, while their “Sports Plus” addition costs $8.99 per month. This is the first deal of its kind between a gaming company and a virtual MVPD. EAST RUTHERFORD, N.J. – On Thursday, FanDuel … Read more
FanDuel has overtaken its chief rival in New Jersey’s sports betting marketplace. DraftKings operates the second-most-popular NJ sportsbook. Strong marketing and a physical sportsbook are key to online wagering adoption. Atlantic City, N.J. – With New Jersey’s April revenue numbers in, FanDuel is maintaining its lead atop the market. When New Jersey launched online sports … Read more
The app testing for mobile betting is underway in Pennsylvania. A 36% tax rate could see Pennsylvania lead all states in online revenue. Mobile sports betting will be ready “imminently” according to the PGCB. PHILADELPHIA – Expected to launch any day now, online sports betting in Pennsylvania is primed to take over the market. With … Read more