Articles by Zach Wolpin (124)
In August 2023, PENN Entertainment entered a partnership with ESPN for online sports betting in the US. The ESPN BET app is offered in several states and they’ve become one of the top operators in this competitive market. Recently, PENN announced they are opening their first brick-and-mortar sports betting and dining facility in Detroit, Michigan. […]
In Virginia, there are three physical casinos. They are the Hard Rock Hotel and Casino in Bristol, Rivers Casino in Portsmouth, and Ceasers Virginia. During March, these three casinos combined for $65 million in gaming revenue. That was up 13.5% percent from their revenue generated in February 2024. Additionally, these casinos paid $10.3 million in […]
Online sportsbooks officially launched on January 8, 2022, in New York. The legislature was passed in April 2021 but it took time for the first online sportsbooks to open in the state. There are currently nine different sportsbooks available to residents in NY. Those sportsbooks include FanDuel, DraftKings, Caesars, BetMGM, Fanatics, BetRivers, WynnBET, Bally Bet, […]
For the week ending on April 28th, the New York State Gaming Commission reported a sports betting handle of $440.9 million. New York is in line to break their national record for wagering in one month. That is because tax revenue wagering from March 25-31 was collected on April 1. It moved that week’s betting […]
On Tuesday, the District Court of Massachusetts issued a preliminary injunction against Michael Hermalyn. He is the former head of VIP operations at DraftKings. In January 2024, Hermalyn abruptly left DraftKings and went to an industry competitor in Fanatics. The former DraftKings employee is being accused of stealing confidential information and taking it to Fanatics. […]
Lawmakers have been working to legalize sports gambling in Georgia for several years. Unfortunately, 2024 is another year where Republicans and Democrats cannot agree. This was the state’s same problem in 2022. The sports betting bill received zero votes from the state House. In 2024, the same issue will happen. Some Democrats have withdrawn their […]
Hawaii is one of 12 states that doesn’t offer domestic sports betting. Politicians have an overall aversion to gambling. However, those stances could change with the growing effort to legalize online sports gambling in the state. Unlike other states, massive revenue from sports betting doesn’t motivate Hawaii. They do not have to worry about budget […]
The Running Aces Casino, Hotel & Track announced last week that they had filed a lawsuit against three Minnesota Tribal Casinos. This lawsuit was sent to the U.S. District Court for the District of Minnesota. Running Aces claims that these three casinos violated the federal Racketeer Influenced and Corrupt Organizations Act. Also known as the […]
In Florida, residents can only place sports bets on the Hard Rock Bet app. That relaunched on December 5, 20223. Lawmakers had to go through lengthy legal battles to make that happen after the app was shut down in 2021. Along with sports betting on Hard Rock Bets, Floridians can play Daily Fantasy Sports. […]
In the last four months, Barstool Sports founder Dave Portnoy has cashed in on some long-term bets. The 47-year-old’s total is up to $5.4 million. Dave had bets on Michigan and Washington to both win their college football playoff semi-final games. It was a total of $1.5 million for him between those two games. Next, […]