NBC Sports Philly to air BetCast for 76ers games

Morning Buzz / Wednesday, November 30, 2022
One month after NBC Sports Chicago came out with plans to have four betting-themed alternate telecasts around Bulls games this season, NBC Sports Philadelphia is announcing a similar initiative with the 76ers. The RSN will partner with PointsBet on the telecasts, which start with this Friday’s game against the...

DraftKings partners with Churchill Downs Inc. ahead of horse racing app launch

Daily / Tuesday, November 29, 2022
Churchill Downs Inc. has signed a multiyear deal with DraftKings that will “bring pari-mutuel wagering on horse racing to the sports betting company,” according to Haley Cawthon of LOUISVILLE BUSINESS FIRST. CDI subsidiary TwinSpires will “provide advance deposit wagering technology to DraftKings.” Ahead of the 2023 Kentucky Derby, DraftKings...

Maryland sports betting goes live Wednesday

Morning Buzz / Wednesday, November 23, 2022
Maryland Gov. Larry Hogan has "declared that online, or mobile, sports betting finally will become available Wednesday morning." At 9am, seven online sportsbooks are "expected to go live." Hogan said, “This process took longer than it should have, but we are excited that this launch is in...

Connecticut records highest total for sports betting in October

Daily / Monday, November 21, 2022
Connecticut recorded its "biggest month yet in October for sports wagering," a year after the state "authorized it both online and at sports books," according to Alexander Soule of the STAMFORD ADVOCATE. Sources said that the $153M gamblers wagered in October was about $4M "more than last January in the...

Former Texas Gov. pushes for state to legalize sports betting

Daily / Monday, November 21, 2022
Former Texas Gov. Rick Perry wants the state to "legalize sports betting," a move lawmakers have "yet to support widely," according to Aaron Torres of the DALLAS MORNING NEWS. The issue will be "up for debate during next year’s legislative session," which begins Jan. 10. Perry in...

States control over sports betting industry questioned

Daily / Monday, November 21, 2022
States that allow sports betting have, "in many ways, given gambling companies free rein" as it has been increasingly legalized, according to Ruiz, Vogel & Drape of the N.Y. TIMES. States have "required few protections for consumers, dedicated minimal funds to combating addiction and often turned to the gambling industry to...

World Cup content latest addition to PointsBet app

Closing Bell / Friday, November 18, 2022
Two months after launching a new, in-app content strategy behind Ryan Leaf , the former No. 2 overall pick in the NFL Draft and current ESPN college football analyst, PointsBet will add CBS soccer analyst Ian Joy to what will be an expanding stable....

FanDuel quickly turning acquisition expenses into revenue

SBJ Newsletters / Friday, November 18, 2022
Flutter gave investors a look under the hood of its FanDuel business during a Capital Markets Day in New York on Wednesday afternoon, building the case that the lead it has established is not only sustainable, but likely to grow. The most compelling argument came as FanDuel CFO...

A time machine AND a couple billion dollars?

SBJ Newsletters / Friday, November 18, 2022
FanDuel Chief Commercial Officer Mike Raffensperger said FanDuel has spent more than $2.5 billion marketing its real money gambling products, going back to its legacy daily fantasy product and its since-renamed TVG horse betting channel. “This is a material and competitive head start,” Raffensperger said. “Not only is...