Ryan Butler @ButlerBets Twitter profile

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Ryan Butler

@ButlerBets

24 days

Not breaking news here, but Penn reported a pre-tax loss of disposal of $923.2 million from selling Barstool Sports back to Dave Portnoy for $1 in August 2023; ESPN BET gross revenues for the 1st half of 2024 are less than what $PENN generated w/ Barstool in the 1st half of 2023

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Ryan Butler

@ButlerBets

3 years

BREAKING: Ohio sports betting bill passes House 72-12, not long after Senate passes identical bill. Legislation now goes to Gov. Mike DeWine, who is expected to sign shortly. Bill includes online; retail betting at casinos, stadiums & bars. Betting set to begin sometime in 2022.

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Ryan Butler

@ButlerBets

2 years

Barstool Sportsbook has been approved to launch online in Ohio Jan. 1, 2023; all four $PENN Entertinament casinos in the state are also expected to open in-person sportsbooks

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Ryan Butler

@ButlerBets

2 years

It's official: Maryland regulators announced the state's first mobile sportsbooks can start taking bets Wednesday, Nov. 23, just in time for the long Thanksgiving weekend; DraftKings, FanDuel, BetMGM, Caesars, Barstool among the books expected to start taking bets that day

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Ryan Butler

@ButlerBets

2 years

Nicki Minaj has joined MaximBet through a multi-year, global partnership, per @MaximBetUSA release. The deal includes working with the sportsbook on merchandise, parties, partnerships, fan experiences and branding.

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Ryan Butler

@ButlerBets

2 years

Maryland's first legal online sportsbooks are now on pace to launch in November or December after regulators today agreed to approve individual books on a rolling basis instead of waiting for a universal go-live date

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Ryan Butler

@ButlerBets

3 years

Ohio Senate overwhelmingly passes online and retail sports betting bill; set to go to the House today for final approval. Expected to pass House and be signed into law by Gov. Mike DeWine. Retail and online sporrs betting set to start sometime in 2022.

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Ryan Butler

@ButlerBets

2 years

Maryland regulators Thursday are set to advance the first 10 online sportsbooks in the state: Barstool betPARX Betfred BetMGM BetRivers Caesars DraftKings FanDuel Fanatics Sportsbook PointsBet First online sports betting options set to launch by year's end

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Ryan Butler

@ButlerBets

2 years

Barstool Sportsbook has been granted an online sports betting license in Maryland; the $PENN mobile sportsbook could start taking bets in the state as early as next week

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Ryan Butler

@ButlerBets

2 months

The coming DraftKings winning bet surcharge tax rate will vary by state, but in an example $DKNG gave in Illinois with a winning $10 bet at +100, the bettor received back $19.68 instead of $20 due to the tax. That would roughly translate to an odds shift from +100 to -104.

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Ryan Butler

@ButlerBets

2 years

Americans wager $63.8 billion with illegal bookies and offshore sportsbooks each year – equivalent to nearly 40% of the U.S. sports betting market, per the AGA

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Ryan Butler

@ButlerBets

3 years

New York online sports betting licenses will be granted to: FanDuel Bally Bet BetMGM DraftKings Rush Street Interactive (BetRivers/PlaySugarHouse parent) Caesars WynnBet Resorts World PointsBet Sportsbooks will pay 51% tax rate, highest of any multi-operator market

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Ryan Butler

@ButlerBets

2 years

Complete projected Ohio online sportsbook list: Bally Bet Barstool bet365 Betfred betJACK BetMGM betPARX Betr BetRivers Betway Caesars DraftKings Fanatics FanDuel Fubo Gamewise Hard Rock MaximBet Out the Gate PlayUp PointsBet Prophet Exchange SuperBook Tipico Underdog WynnBet

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Ryan Butler

@ButlerBets

2 years

As expected, Maryland regulators have approved the following mobile sports betting licenses; no official go live date, but first books could start taking bets as early as next week Barstool betPARX Betfred BetMGM BetRivers Caesars DraftKings FanDuel Fanatics Sportsbook PointsBet

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Ryan Butler

@ButlerBets

2 years

Maryland regulators have granted DraftKings an online sports betting license; $DKNG could go live with statewide mobile betting in the state as early as next week

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Ryan Butler

@ButlerBets

3 years

More $PENN: - "official sports betting partner" of 8/29 Tyron Woodley/Jake Paul fight - Five Barstool-branded retail sportsbooks planned for '21 - Standalone Barstool sports bars in Philadelphia & Chicago - Barstool-branded live dealer studio in NJ - Barstool digital slots/tables

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Ryan Butler

@ButlerBets

2 years

FanDuel will become the first US sportsbook to receive official live NBA player tracking data from Sportradar, the two companies announced earlier today, which will mean new individual player props and single-game parlay betting options when the deal begins next season

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Ryan Butler

@ButlerBets

2 years

Maryland online sports betting set to launch Nov. 23. Starting time not set, but 7 sportsbooks should be ready to start taking bets that day: Barstool BetMGM BetRivers Caesars DraftKings FanDuel PointsBet Betfred, betPARX, Fanatics have also been approved, but launches TBD

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Ryan Butler

@ButlerBets

3 years

BREAKING: LSU and Caesars announce a multi-year partnership that makes Caesars Sportsbook the exclusive gaming and sportsbook partner of the school's athletic department. First such SEC deal and second for a Power Five conference program after Colorado and PointsBet

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Ryan Butler

@ButlerBets

3 years

The NFL published its job opening for Sports Betting Vice President earlier today; "This role will be responsible for continuing growth & strategy, advancing legal sports betting initiatives & partnerships across the League & its 32 member clubs." [HT @sbjsbd / @Bill_KingSBJ ]

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Ryan Butler

@ButlerBets

2 years

🚨🚨 FanDuel is "poised" to launch its online sportsbook in Maryland "next week", company officials said during a presentation today; this is one of the surest timelines yet for the state's first legal mobile sportsbooks to go live

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Ryan Butler

@ButlerBets

2 years

Maryland can award up to 60 online sports betting licenses. No state has more than 30 mobile operators. In total, there are roughly 50 brands live in at least one state. All this means that (basically) any company that wants to launch in MD will have the opportunity to do so.

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Ryan Butler

@ButlerBets

2 years

After shutting down during a testing review Tuesday, seven Maryland online sportsbooks are set to (officially) launch Wednesday at 9 a.m. EST, per release from Gov. Larry Hogan earlier today: PointsBet FanDuel DraftKings Caesars BetRivers BetMGM Barstool

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Ryan Butler

@ButlerBets

3 years

Missouri online sports betting hearing is underway with supporters centering on a proposal backed by the state casinos as well as the St. Louis Cardinals, St. Louis Blues, Kansas City Royals & Kansas City Chiefs that would allow casinos and sports teams one mobile license each.

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Ryan Butler

@ButlerBets

2 months

DraftKings has 33% handle market share in New York. I wonder how much that goes down in 2025 when customers see each winning bet is taxed (roughly) 5%.

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Ryan Butler

@ButlerBets

2 months

DraftKings tax surcharge: - Will start Jan. 1, 2025 - Only coming to NY, IL, PA and VT (for now) - Only applies to winning bets - Will be treated as a separate transaction when paying out winnings - Will be identified on the best slip [per $DKNG Q2 earnings presentation]

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Ryan Butler

@ButlerBets

3 years

Evolution's Jeff Millar says he's been in contact with roughly 20 operators for iGaming tech in Ontario. Canada's most-populated province is expected to be one of North America's largest sports betting and online gaming markets. Competitive market launch is expected early 2022.

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Ryan Butler

@ButlerBets

3 years

IT'S OFFICIAL: Maryland House passes sports betting bill that could permit 60+ online sportsbooks plus retail books at sports stadiums and up to 30 other small businesses. Senate passed same bill earlier today. Gov. Larry Hogan expected to sign into law.

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Ryan Butler

@ButlerBets

2 years

Encore Boston Harbor is considering placing sports betting kiosks in the property's parking garage, $WYNN officials told Massachusetts regulators today, creating (what I think would be) the nation's first drive-up retail sportsbook

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Ryan Butler

@ButlerBets

1 month

R.I.P. DraftKings Winning Bet Fee 2024 - 2024

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Ryan Butler

@ButlerBets

3 years

BREAKING: Latest Maryland sports betting proposal would permit unlimited online sports betting licesnes, the most significant development yet; online wagering makes up >85% of handle in mature markets. Would be first state with both uncapped online sportsbooks and retail options.

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Ryan Butler

@ButlerBets

3 years

5 Maryland retail sportsbooks could be licensed Wednesday, meaning sports betting could begin in the coming weeks: - Live! Casino Maryland (FanDuel) - Horseshoe Baltimore (Caesars) - MGM National Harbor (BetMGM) - Hollywood Casino Perryville (Barstool) - Ocean Downs (TwinSpires)

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Ryan Butler

@ButlerBets

3 years

New York recorded 5.8 million geolocation transactions in the state's first 12 hours of legal online sports betting, according to @GeoComply , far and away the highest transaction total for any market's first half day & more than twice the total from the next highest state (PA).

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Ryan Butler

@ButlerBets

4 years

BREAKING: New York State Senate passes budget bill with multi-operator sports betting provisions 43-20. State Assembly is set to follow. Both chambers need to rectify key differences - and overcome Gov. Cuomo's preferred limited-operator model - but a big step for mobile betting.

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Ryan Butler

@ButlerBets

2 years

theScore Bet mobile sportsbook is the No. 2 overall app in the App store in Canada, regardless of category (H/T $PENN National and @theScoreBet )

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Ryan Butler

@ButlerBets

3 years

BREAKING: DraftKings has earned Wyoming's first online sports betting license. It is set to launch as early as this afternoon. Wyoming will be the first state to both pass a 2021 sports betting bill and take a bet this year.

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Ryan Butler

@ButlerBets

17 days

Notable sportsbook job listings with posted annual salaries: FanDuel- Product Director: $166-207k Fanatics- Brand Marketing Director: $148-252k DraftKings- Player Development Exec: $76-95k DraftKings- Player Prop Lead Trader: $72-90k BetMGM- Real-Time Trading Analyst: $71k-85k

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Ryan Butler

@ButlerBets

2 years

Maryland regulators agree to approve online sportsbooks on a rolling basis, a key step toward expediting what has already been the nation's longest sports betting rollout; this means books would be able to go live once approved instead of waiting for a universal launch date

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Ryan Butler

@ButlerBets

2 months

The coming DraftKings sports betting tax surcharge will be displayed on each winning bet slip and automatically deducted from a player's winnings. I'm not sure if seeing that would make me feel better that they at least told me, or even angrier that it exists.

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Ryan Butler

@ButlerBets

2 years

Amazon has selected DraftKings as a Thursday Night Football sponsor, the companies announced earlier today. TNF will contain DraftKings odds integrations in the live pregame; $DKNG & $AMZN will also collaborate on TNF-themed offerings, including same-game parlays on the DK app

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Ryan Butler

@ButlerBets

3 years

BREAKING: Maryland Senate passes updated online & retail sports betting bill 47-0. Still needs House approval before session ends at Midnight, but proponents are confident the latest version of the bill, which caps roughly 60 online and 30 licenses will pass out of legislature.

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Ryan Butler

@ButlerBets

3 years

New Jersey is now the third highest grossing sports betting market in the world by total handle, trailing only Germany and the UK

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Ryan Butler

@ButlerBets

2 months

DraftKings CEO Jason Robins reaffirms that the pending gaming surcharge tax in Illinois will be about 3.2% on each winning bet; "It's really fairly nominal but it makes a huge difference for our margin and our ability to compete with the illegal market."

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Ryan Butler

@ButlerBets

3 years

CALL IT: Arizona Senate approves sports betting bill that will allow up to 20 online licenses and in-stadium retail sportsbooks. Bill has cleared the full legislature and now goes to Gov. Doug Ducey who is expected to sign into law as early as this week:

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Ryan Butler

@ButlerBets

2 years

Career update: Today is my first with @iGamingNEXT , still covering sports betting and gaming laws, stocks, policy, and industry news. Thanks again for the continued support. I’m excited about this next chapter.

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Ryan Butler

@ButlerBets

2 months

To put things in perspective about a 3-5% tax on winning bets: If you only bet spreads at -110 aside, you would need to win 52.38% of your bets to break even. Long term, the greatest bettors of all time win roughly 55% of their spread bets.

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Ryan Butler

@ButlerBets

2 years

Sportsbooks make money for a lot of reasons, but one of them is the guy next to me at the bar who said he bet the Jaguars because he heard on the radio that Trevor Lawrence had never lost a game on a Saturday night

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Ryan Butler

@ButlerBets

3 years

DraftKings announces a micro-betting technology deal with Simplebet that will allow bettors to place in-game, play-by-play, throw-by-throw and pitch-by-pitch bets for the NFL, MLB, NBA and college football

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Ryan Butler

@ButlerBets

2 months

Most US bettors use only one or two (regulated) books, and for the vast majority that's DraftKings or FanDuel. With the new tax, DraftKings is banking players will either be too "loyal" and/or too ignorant to switch. If that bet holds, it gives other books cover to do the same.

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Ryan Butler

@ButlerBets

3 months

Personal news: I'm returning to full-time gaming industry news coverage, now with @Covers . This account will report on gambling regulation, legislation, policy, corporate, and financial developments - plus offer the occasional (bad) betting tips and (worse) sports takes.

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Ryan Butler

@ButlerBets

1 month

The DraftKings decision not to impose a winning bet surcharge in New York, Illinois, Vermont and Pennsylvania comes hours after FanDuel said it would not impose a similar charge; BetRivers and Penn / ESPN BET announced in recent days they also wouldn't impose such a fee

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Ryan Butler

@ButlerBets

3 years

Joining the Action Network was the best decision of my career. Leaving it today has been my most difficult. The incredible talent and potential of my next stop are why I'm joining a new team Nov. 1. Many more sports betting and gaming news updates from this account to come.

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Ryan Butler

@ButlerBets

2 years

$DKNG stock spiked by more than 12% in after hours trading following @business report DraftKings was in talks with ESPN for a "major" partnership; DraftKings earlier this year became the exclusive odds providers of $AMZN's Thursday Night Football NFL streams through Amazon Prime

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Ryan Butler

@ButlerBets

3 years

DraftKings will launch its full online sportsbook in Oregon Jan. 18, the company announced today, replacing the lottery's ScoreBoard app. $DKNG will be the only legal mobile sportsbook in the state.

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Ryan Butler

@ButlerBets

4 years

Breaking: Louisiana Senate approves sports betting ballot measure bill 29-8.

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Ryan Butler

@ButlerBets

2 months

BetRivers today said it would not add a winning bet surcharge, a not-so-subtle shot at DraftKings' plan to do so in NY, PA and IL. As (many) X users have pointed out, BetRivers has -112 spread lines instead of standard -110 in New York (though not in PA or IL)

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Ryan Butler

@ButlerBets

3 years

🚨🚨 Huge news out of Florida: Sources confirm DraftKings and FanDuel are pushing sports betting ballot measure for 2022. Official announcement expected this week. Would require signature drive, further approvals but major step for online betting ( @sports_handle first to report)

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Ryan Butler

@ButlerBets

2 years

Massachusetts' first legal retail sportsbooks will start taking bets at 10 am local time Tues Jan 31, state regulators announced today; Encore Boston Harbor (WynnBet), MGM Springfield (BetMGM) and Plainridge Park (Barstool) all expected to start taking in-person bets at that time

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Ryan Butler

@ButlerBets

3 years

BREAKING: Illinois remote sports betting registration is set to expire at midnight Saturday. New bettors will have to register in-person at their preferred sportsbook's retail partner to place a mobile bet. Brutal news for Illinois sports bettors.

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Ryan Butler

@ButlerBets

2 years

DraftKings confirms it plans to launch its mobile sportsbook in Maryland Nov. 23, following a required testing period Nov. 21-22, $DKNG announced in a statement today

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Ryan Butler

@ButlerBets

3 years

Senate of Canada passes sports betting legalization bill without amendments 57-20. Nation of nearly 38 million will have legal access to single-game sports betting.

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Ryan Butler

@ButlerBets

2 years

Some good news for bettors on the Maryland online sports betting launch: regulators are now set to meet Nov. 16, per announcement earlier today, to award licenses, meaning there's now an increasing chance the state's first mobile books could go live before the end of November

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Ryan Butler

@ButlerBets

2 years

DraftKings, FanDuel, BetMGM, Caesars & Barstool are the likeliest books to earn Massachusetts online sports betting licenses; WynnBet is too, assuming it still want to go mobile; regardless, with only seven online licenses reportedly available, some big names will be left out.

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Ryan Butler

@ButlerBets

2 years

The following mobile sportsbooks are on the agenda for final approval by Maryland regulators on 11/16: Barstool betPARX Betfred BetMGM BetRivers Caesars DraftKings FanDuel Fanatics Sportsbook PointsBet Still no firm go-live date, but books set to go live in the next few weeks

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Ryan Butler

@ButlerBets

23 days

NEW: DraftKings has acquired Simplebet, one of the major microbetting platforms, the two sides announced today; the deal will integrate Simplebet's in-house proprietary tech into the $DKNG sportsbook; this will give DK new, exclusive abilities to offer props, live bets and SGPs

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Ryan Butler

@ButlerBets

2 years

New York lawmakers formally introduced an online casino gaming bill Friday; would permit real-money slots, table games and poker; neighboring New Jersey and Pennsylvania already have legal iCasino offerings

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Ryan Butler

@ButlerBets

3 years

New York has generated more than $1.6 billion in handle in a little over three weeks of legal online sports betting, already breaking New Jersey's former all-time single-month handle record of $1.3 billion

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Ryan Butler

@ButlerBets

3 years

BREAKING: Arizona online sports betting listed announced. Launch (pending lawsuits) scheduled Sept 9: Bally Bet Barstool BetMGM BetRivers Caesars Digital Gaming Draftkings FanDuel Golden Nugget PointsBet TwinSpires Unibet SuperBook WynnBet Some future winning partner TBD

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Ryan Butler

@ButlerBets

2 months

Sportsbooks announcing winning bet surcharges: DraftKings Sportsbooks either saying they won't and/or making no mention on recent earnings calls: BetRivers BetMGM Caesars FanDuel and Penn / ESPN Bet will undoubtedly be asked this when they announce earnings later this month

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Ryan Butler

@ButlerBets

2 years

Ohio January sports betting handle market share: FanDuel 45.33% DraftKings 31.55% BetMGM 7.53% Barstool 4.21% bet365 3.54% Caesars 2.89% Hard Rock 1.9% Tipico 0.98% PointsBet 0.69% betJACK 0.38% Betfred0.36% BetRivers 0.26% Superbook0.18% Betr 0.10% Betway0.07% MGVBet 0.02%

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Ryan Butler

@ButlerBets

3 years

We don't yet have full financial data, but based of geolocation transactions, New York will likely generate more tax revenue from its four legal online sportsbooks in their opening weekend than the state's retail books have made in their first two-and-a-half years of operation.

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Ryan Butler

@ButlerBets

3 years

Google is hiring for a Sports Betting and Online Gambling Account Executive. The role will help gaming business clients understand how Google's "search, video and mobile can help them connect instantly and seamlessly with their audiences," according to the job listing.

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Ryan Butler

@ButlerBets

2 years

$MGM lost $71 million from BetMGM between April and June of this year. It made nearly $1.2 billion from slot machines during that same time.

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Ryan Butler

@ButlerBets

3 years

BREAKING: Can confirm that online sports betting has gone live here in Florida with the Hard Rock digital sportsbook. Customers can register, deposit and place bets. App is live for iPhones but appears to still not be working for some Androids. [H/T @AndySlater who had it first]

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Ryan Butler

@ButlerBets

29 days

Preferred sportsbook: DraftKings 24% FanDuel 22% BetMGM 12% Hard Rock 9% Barstool (now ESPN BET) 7% PointsBet (now Fanatics) 6% No preference 6% Caesars 4% BetRivers 2% BetFred 2% Other 2% Per Optimove survey of NFL bettors making more than $75k annually

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Ryan Butler

@ButlerBets

3 years

RE Ontario's 4/4/22 iGaming launch: “As Canada’s preeminent digital sports media brand, theScore is uniquely positioned to capitalize on the introduction of the open and regulated internet gaming market in Ontario, it's home territory" -Penn National CEO Jay Snowden in a release

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Ryan Butler

@ButlerBets

2 years

I talk a lot about the US sports betting "Big Four." As of now, it's FanDuel and then everyone else. Their parent company's report today showed some of the strongest numbers any US sportsbook has seen in the four+ years since single-game wagering was permitted outside Nevada.

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Ryan Butler

@ButlerBets

3 years

Ohio Gov. Mike DeWine has signed the state's online sports betting bill, according to local media outlets. First bets expected to be placed sometime in 2022, likely in the year's second half.

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Ryan Butler

@ButlerBets

3 years

BREAKING: Wyoming Senate passes amended online sports betting bill 24-5, clearing the way for statewide mobile wagering. House and Senate expected to pass identical versions of the bill in the coming days or weeks. Bill would then goes to Gov. Mark Gordon's desk for final passage

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Ryan Butler

@ButlerBets

3 years

BREAKING: North Carolina Senate passes online sports betting bill 26-19 with bipartisan support; will still need to pass the House. Proposal would allow 10-to-12 statewide mobile books with launch planned for 2022. Significant work remains, but a big step toward passage.

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Ryan Butler

@ButlerBets

4 years

Georgia Senate passes sports betting legislation. Lawmakers advance enabling bill 34-17 shortly after passing a separate constiutional ballot question 41-10. If passed by the House, Georgia voters can approve legal wagering on the 2022 ballot.

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Ryan Butler

@ButlerBets

14 days

DraftKings beats FanDuel for New York sports betting handle in August; first time $DKNG tops $FLUT in NY since May: DraftKings: $526.7 FanDuel: $511.6 BetMGM: $127.9 Caesars: $119.9 Fanatics: $93.1 BetRivers: $40.7 Resorts World Bet: $8.6 Bally Bet: $7.6

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Ryan Butler

@ButlerBets

2 years

It's official: legal Massachusetts online and retail sports betting is coming after Gov. Charlie Baker signed the state's sports betting bill into law; up to 15 mobile books expected to launch in the next 3-to-6 months; retail books could open before that time

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Ryan Butler

@ButlerBets

4 years

It's (officially) official: FanDuel has been approved by the Virginia Lottery to accept sports bets. Wagering can begin as early as this afternoon.

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Ryan Butler

@ButlerBets

2 years

DraftKings has lost more than $3 billion since 2018, largely due to extensive advertising and player incentive costs incurred each time $DKNG enters a new market, according to a Maryland gaming commission study

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Ryan Butler

@ButlerBets

2 months

DraftKings CEO Jason Robins reaffirms the strategy behind the winning bet tax on today's earnings call: bank that the product is so good that bettors will be willing to pay the 3-5% fee on each winning bet

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Ryan Butler

@ButlerBets

2 months

Rush Street Interactive / BetRivers CEO Richard Schwarts in today's press release reaffirming $RSI wouldn't implement a winning bet surcharge: “As we put our customers first, it was an easy decision for us.”

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Ryan Butler

@ButlerBets

23 days

The DraftKings-Simplebet deal is a big one; DK gets a boost from Simplebet's live/prop bet tech (which is held in high esteem in the industry) AND keeps all its competitors from accessing it; sportsbooks' margin ($) now depends on live, props, & SGPs; this makes DK even stronger

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Ryan Butler

@ButlerBets

2 years

DraftKings & FanDuel combined to make up nearly 75% of New York's $330m online sports betting handle for the week ending Sept. 11: FD: $128.7m $DKNG: $117m Caesars: $43m BetMGM: $23.8m BetRivers: $8.6m PointsBet: $4.9m WynnBet: $2.3m Resorts World Bet: $1.4m Bally Bet: $232,600

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Ryan Butler

@ButlerBets

3 years

New Jersey reports just over $1 billion in September sports betting handle, the first single-state, single-month handle total to ever cross $1 billion in the U.S.

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Ryan Butler

@ButlerBets

3 years

BREAKING: Rush Street Interactive announced as Connecticut's lottery's online sports betting partner. Will be able to open as many as 15 retail sportsbooks as well as daily fantasy sports.

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Ryan Butler

@ButlerBets

2 years

When in Colorado

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Ryan Butler

@ButlerBets

2 years

Latest @EilersKrejcik US online sportsbook app rankings, taking into account UX, betting interface, aestetics and other tech features (NOT market share, etc): 1) DraftKings 2) FanDuel 3) PointsBet 4) BetRivers 5) BetMGM 6) SugarHouse 7) Barstool 8) bet365 9) WynnBet 10) FOX Bet

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Ryan Butler

@ButlerBets

4 years

Could be a huge day for U.S. sports betting: - New York Gov. Andrew Cuomo is set to unveil his budget proposal later this morning. It could outline plans for a multi-operator or single-operator model. - Michigan should announce its online sports betting launch date

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Ryan Butler

@ButlerBets

2 years

Kansas' online sports betting legalization bill was formally presented to Gov. Laura Kelly last Friday; assuming Kelly's signature, sports betting will become legal in Kansas; regulated sportsbooks expected to launch as early as this fall

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Ryan Butler

@ButlerBets

2 years

Boston-based DraftKings agreed to give the New Hampshire government 51% of its sports betting revenue (roughly 5x the national average) just so it could be the only legal betting option in the state. $DKNG will make sure it gets a mobile sportsbook in Massachusetts.

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Ryan Butler

@ButlerBets

3 years

New York as early as this week is expected to name at least two groups for online sports betting licenses: the consortium of Bally Bet, BetMGM, DraftKings & FanDuel; plus the group of Caesars, WynnBet, Resorts World & Rush Street Interactive, according to the @nypost

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Ryan Butler

@ButlerBets

2 years

Michigan has been admitted to the Multi-State Internet Gaming Association, the organization announced earlier today, opening the door for Michigan real money online poker players on regulated sites to compete against players in Nevada, New Jersey and Delaware

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Ryan Butler

@ButlerBets

2 years

BREAKING: North Carolina will not approve online sports betting this year

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Ryan Butler

@ButlerBets

3 years

Caesars, DraftKings, FanDuel and BetRivers will be able to launch statewide mobile sportsbooks in New York starting Jan. 8 at 9 a.m., state regulators announced today. The state's five other approved mobile sportsbooks' launch dates are still to be announced.

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