Month: August 2022

Prophet Exchange has just announced the launch of the first peer-to-peer sports betting exchange in the U.S., located in New Jersey the exchange looks to be ready for the upcoming NFL season. The new platform is now available to download on iOS, Android, and the internet. Prophet will act as […]

The sports betting operator Rivalry Corp. has recently released their Q2 report showing their handle reached $29.7 million, a 98% increase year-over-year (YoY). Rivalry also showed an increase in revenue by 60% YoY at $4.1 million. Steven Salz, co-founder and CEO of Rivalry believes that the company will only continue […]

With two separate sports betting bills on the ballot in California, advertisement campaigns either for or against have been spending a lot of money. In total the campaigns have spent more than $357 million marking it the most expensive campaign in California’s history. Proposition 26 is mainly backed by tribes […]

After a surprise bid to purchase LeoVegas, MGM Resorts International has now received full approval to take over the Swedish iGaming company. The deal is said to be worth €575 million with a 44.1% premium of LeoVegas’ last closing price on the SEK, around €44. LeoVegas has until August 30, […]

After the announcement that Kroger would implement betting kiosks in their stores another chain, Acme Fresh Market has been pre-approved. This brings the total pre-approved locations to over 1,100 with majority under regulation by the Ohio Lottery Commission. To apply for a betting kiosk, establishments are required to own a […]

As online sports betting comes closer and closer, over 20 different operators have applied. Betway, Prophet Exchange, and MaximBet recently applied for second-skin licenses which will ensure they’re ready for the Jan. 1, 2023 launch. WynnBet has missed a guaranteed day one launch as their first-skin agreement with JACK Entertainment […]

After looking at the statistics, FanDuel is the number one sportsbook in the U.S. as the company holds the most online sportsbook market share at 51% while boasting record revenue in Q2 of over $750 million. FanDuel also holds the stat of becoming the first sportsbooks to turn a profit.

As they wait for building to finish, the Hard Rock Casino in Bristol, Virginia is already pulling in numbers. The casino is able to operate at a temporary facility located at the previous spot of the Bristol Mall and has reported $11.7 million in total revenue with around $2.1 million […]