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Bally's takeover

A New York-based hedge fund has sent stock prices flying after announcing a Bally’s takeover. Standard General announced an offer to acquire the remainder of Rhode Island-based gaming and sports betting corporation Bally’s for $15 a share, sending stock prices up by 25%. The hedge fund already owns 25% of Bally’s, but has now delivered …

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cheltenham

Cheltenham Festival is one of the biggest and most exciting horse racing events across the world. This year, the bookmaking industry is expecting to see Cheltenham Festival betting exceed £1Billion over the four-day meeting.  Bookies going ‘Evs’ on over £1bn staked   Layers predicting 210,000 pints of Guinness drunk 17,500+ champagne corks to pop at 10/11  …

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Super Bowl LVIII brought $442.5million in sports betting revenue to Maryland Lottery and Gaming during its opening spell as a regulated market. Maryland Reports $442.5m In Revenue From Super Bowl LVIII Maryland reported a final handle of $442.5m during February 2024, which is an increase from the $339.4m made during this month in 2023. Super …

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florida sports betting (1)

The State of Florida finds itself in a controversial legal battle, as the State Government and Seminole Tribe are set to make revenue through online sports betting. Florida Online Sports Betting Controversy Controversy has raised in Florida, as wagers through mobile phones and computers are being legally made in the state and commercial brands could …

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FanDuel Washington D.C. debut

FanDuel is set to take over both Washington D.C. sports betting and the district’s lottery. The district’s Office of Lottery and Gaming (OLG) announced that FanDuel will be the new sports wagering subcontractor of Intralot, the OLG’s lottery and sports wagering system vendor. This news comes after continued arguments between the OLG and D.C City …

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Alabama lottery bill

 A new Alabama lottery bill has been advanced by the Senate after several changes to the proposed legislation. The bill will now return to the house, and if passed will allow a state lottery and electronic wagering machines at several locations across the state. Having already seen a previous version pass, the House of Representatives …

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New York casino

New York mobile sports betting revenue fell by 37.9% in February, a drop off of around $80 million compared with January’s numbers. Having posted $211.5 million in the first month of 2024, February’s revenue dropped to $131.4 million. Handle in the Empire State fell below $2 billion for the second month in a row, having …

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North Carolina has launched its first mobile sports betting market as a host of betting organizations join Caesars by opening in the state. North Carolina Launches First Mobile Sports Betting Market On March 1st 2024, Caesars released its online sportsbook and continued its partnership with the Eastern Band of Cherokee Indians – as well as …

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