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Month: August 2022

33 Results / Page 1 of 4

  • 15

Rivalry Corp. Releases Positive Q2 Report

August 29, 2022

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 […]

  • 2

MGM To Acquire Swedish iGaming Company

August 23, 2022

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, […]

  • 1

Another Grocery Chain Approved For Ohio Betting Kiosk

August 22, 2022

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 […]

  • 1

Three New Operators Apply In Ohio

August 19, 2022

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 […]

  • 6

FanDuel Is The #1 Sportsbook In America

August 19, 2022

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.

  • 1

Hard Rock Casino In Bristol Showing Promise

August 17, 2022

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 […]

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