Fantasy Sports Operator DraftKings Targets US Sports Betting as Market Braces for Rapid Expansion DraftKings is braced go nationwide with its mobile US sports betting platform as a result of its success jump-starting online and mobile sports betting in New Jersey last week. After going live with DraftKings Sportsbook as per guidelines created by New Jersey’s Division of Gaming Enforcement (DGE), it’s legal online betting operation is poised to be the number one digital bedding operation in the United States. William Hill, Paddy Power Betfair and playMGM, MGM Resorts live betting platform, were all vying to be the first to…

Penn National Gaming is discussing potential deals with US major leagues as it expands its offering amid sports betting’s liberalization. As sports betting has been cleared to be legalized nationwide in the US, companies in the gaming industry are planning to expand in the country. However, as major sports leagues are lobbying to get their share of the pie, Penn National Gaming (the largest U.S. regional gaming company by states) is pursuing a sports betting deal with the NBA, MLB, NLH and the PGA Tour. Senior vice president for public affairs for Penn National, Eric Schippers, revealed that the company…

How will the legalization of sports betting affect on Tribal Gaming? Much of the American Indian casino industry is at least temporarily opting out of sports betting, discouraged at the anticipated low profit margins and rebuffed by federal and state regulatory and legislative hurdles required to take wagers on college and professional sports. But the debate surrounding sports betting is accelerating efforts to advance tribal government casinos from traditional gambling to internet and mobile technology, a transition believed necessary to generate interest from a younger generation of customers. “This certainly ramps up the conversation of what comes next in the…

Ohio sports betting could become a reality. Two Ohio State Senators drafted a bill that with one sentence begins what is likely to be a high stakes, high volume debate. “It is the intent of the General Assembly to develop and enact legislation legalizing sports wagering,” the bill reads. With that, Senator John Eklund, who represents part of Geauga County dipped Ohio’s toe in the water of a sports wagering. For it to get green-lit, the Ohio House and Senate would need to approve it — and Ohio voters would need to vote to change the state Constitution. More on…

Hard Rock Atlantic City and bet365 Group are partnering up for New Jersey sports betting. According to a correspondence published on the website of the NJ Division of Gaming Enforcement, the two parties first signed a letter of intent back on June 19. Neither has confirmed the deal publicly or to PlayNJ. As a matter of public record, however, Director David Rebuck signed off on a portion of the partnership on June 25. The temporary approval is valid until July 31 while bet365 works to obtain its license to operate in NJ. Rebuck’s letter seems to indicate that the requisite…

West Virginia Lottery Commission Director Alan Larrick has announced that the entity has passed sports betting rules after an emergency meeting that took place last Thursday. The state’s five casinos would be eligible to offer sports betting. “We’re trying to do everything we can to get sports betting available by football season — that’s what our goal is. We don’t know if we’re going to make it or not, but we’re going to try,” said Larrick, who commented that the rules are essentially guidelines for local casinos in order to let them know how to operate. West Virginia had already…