Ryan Butler
@ButlerBets
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iGaming for Also sports betting and gaming industry news (plus occasional sports rants). Northern Virginia native, @UF Grad
Joined December 2018
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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🚨🚨 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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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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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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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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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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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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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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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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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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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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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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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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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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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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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 & $AMZN will also collaborate on TNF-themed offerings, including same-game parlays on the DK app
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BREAKING: Maryland Senate passes updated online & retail sports betting bill 47-0. Still needs House approval before session ends at Midnight, but proponents are confident the latest version of the bill, which caps roughly 60 online and 30 licenses will pass out of legislature.
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New Jersey is now the third highest grossing sports betting market in the world by total handle, trailing only Germany and the UK
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CALL IT: Arizona Senate approves sports betting bill that will allow up to 20 online licenses and in-stadium retail sportsbooks. Bill has cleared the full legislature and now goes to Gov. Doug Ducey who is expected to sign into law as early as this week:
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Career update: Today is my first with
@iGamingNEXT
, still covering sports betting and gaming laws, stocks, policy, and industry news. Thanks again for the continued support. I’m excited about this next chapter.
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Sportsbooks make money for a lot of reasons, but one of them is the guy next to me at the bar who said he bet the Jaguars because he heard on the radio that Trevor Lawrence had never lost a game on a Saturday night
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DraftKings announces a micro-betting technology deal with Simplebet that will allow bettors to place in-game, play-by-play, throw-by-throw and pitch-by-pitch bets for the NFL, MLB, NBA and college football
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$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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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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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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Breaking: Louisiana Senate approves sports betting ballot measure bill 29-8.
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🚨🚨 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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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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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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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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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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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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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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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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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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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 $1.3 billion
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BREAKING: Arizona online sports betting listed announced. Launch (pending lawsuits) scheduled Sept 9:
Bally Bet
Barstool
BetMGM
BetRivers
Caesars
Digital Gaming
Draftkings
FanDuel
Golden Nugget
PointsBet
TwinSpires
Unibet
SuperBook
WynnBet
Some future winning partner TBD
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Ohio January sports betting handle market share:
FanDuel 45.33%
DraftKings 31.55%
BetMGM 7.53%
Barstool 4.21%
bet365 3.54%
Caesars 2.89%
Hard Rock 1.9%
Tipico 0.98%
PointsBet 0.69%
betJACK 0.38%
Betfred0.36%
BetRivers 0.26%
Superbook0.18%
Betr 0.10%
Betway0.07%
MGVBet 0.02%
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We don't yet have full financial data, but based of geolocation transactions, New York will likely generate more tax revenue from its four legal online sportsbooks in their opening weekend than the state's retail books have made in their first two-and-a-half years of operation.
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Google is hiring for a Sports Betting and Online Gambling Account Executive. The role will help gaming business clients understand how Google's "search, video and mobile can help them connect instantly and seamlessly with their audiences," according to the job listing.
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$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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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BREAKING: North Carolina will not approve online sports betting this year
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And Arizona sports betting is (officially) official. First sportsbooks and DFS sites hoping to launch before September
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I mean, if aliens are going to invade the US, Super Bowl Sunday would probably be the day to do it
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BREAKING: Florida House Speaker Chris Sprowls confirmed on the floor the gaming compact (including sports betting) has been signed by Gov. Ron DeSantis and the Seminole Tribe of Florida. A special legislative session for the gaming compact is coming week of May 17.
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A New Jersey online casino player and sports bettor has access to $18,575 worth of welcome bonuses if they optomised every current licensed operator's best offer
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New York accepted more than $1.98 billion in sports bets since legal mobile wagering began Jan. 8, through Feb. 6, Gov. Kathy Hochul said in a press release, the most any state has recorded in handle in a 30-day period. This generated $138 million in GGR & $70.6 million in taxes.
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BREAKING: Arizona Senate committee advances sports betting bill 6-3 after three hours of debate. My instant-reaction story for
@ActionNetworkHQ
11
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Can confirm reports that FanDuel has been approved to launch sports betting and daily fantasy sports in Arizona (H/T
@sports_handle
). DFS set to go live Aug 28, sports betting Sept 9
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$PENN Entertainment Q3 notes:
- via theScore Bet, Ontario is now Penn's top market in North America for online sports betting and online casino
- Company remains on track to migrate the Barstool Sportsbook to the theScore Bet in-house text platform in mid-2023
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ESPN is hiring for a Social Media Specialist who "will discover, develop, and distribute content that engages ESPN’s fantasy and sports betting," the company posted in a job listing
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BREAKING: Maryland House passes sports betting bill 130-9. Bill allows 15 mobile licenses; 12 retail licenses for gaming entities (including 3 pro sports stadiums); and 10 more retail licensees with priority for women and minority-owned businesses. Bill now goes to the Senate.
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Maryland online sports betting December 2022 (first full month) by operator - handle - % of handle:
FanDuel- $236.2m - 49.4%
DraftKings - $157.9m - 33%
BetMGM - $42.3m - 8.9%
Barstool- $16.4m - 3.4%
Caesars- $15.6m - 3.3%
PointsBet - $6.7m - 1.4%
BetRivers - $3.2m - 0.7%
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bet365 has secured Pennsvlania market access via a deal with Churchill Downs, the companies announced; bet365 is live in New Jersey, Colorado and Ohio and is expected to go live in Virginia and Massachusetts in the coming months
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DraftKings has officially completed its acquisition of Golden Nugget Online Gaming, $DKNG and $GNOG announce in a press release
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The 30+ legal sports betting states have generated a little over $3 billion in revenue through the first half of 2022. The six legal iGaming states have generated $2.42 billion during that same time.
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For a sportsbook, each leg of a parlay is like its own bet, DraftKings CEO Jason Robins said during today's $DKNG Q2 earnings call. DK is going to continue to push bigger parlays, including launching single-game parlay features that allow multiple SGPs to be combined into one bet
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DraftKings is now an "Official Sports Betting, Daily Fantasy Sports and iGaming Partner" of the NHL in the US, the company announced today. $DKNG has also reached a deal with Turner Sports to be the exclusive sportsbook and daily fantasy sports provider for its NHL coverage.
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Ohio sports betting bill expected to be approved shortly would be one of the nation's most expansive. Two-dozen+ online licenses, as well as retail books available for casinos, racinos and sports stadiums. There will also be extensive options for liquor license holders.
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Posted New York Sports Betting Applications:
- bet365
- Kambi with Fanatics Sportsbook and Penn National/Barstool
- FanDuel with Bally Bet, BetMGM and DraftKings
- FOX Bet
- Kambi with Caesars, Resorts World, PointsBet, BetRivers and WynnBet
- theScore
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Next wave of DraftKings online sports betting launch targets:
- Massachusetts
- Ohio
- Maryland
- Kansas
- Puerto Rico
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States remaining with a chance to legalize sports betting in 2022:
- California*
- Kansas
- North Carolina
- Maine
- Massachusetts
- Minnesota
- Missouri
*Via voter ballot measure(s)
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