Legal Sports Report
Rush Street Interactive stock is on a run that the BetRivers parent has not seen in years: the price is steadily rising. RSI spun off as its own public company at the end of 2020. The share price bounced around with highs near the $20 range in the first year but started to fall about a year later, continuing to tumble and ending 2023 at...
Play video Previewing Q2 Sports Betting Earnings Reports | Sports Betting News With publicly traded operators in sports betting set to report earnings for Q2 2024, Matthew Waters joins the show to preview what to expect for PENN, DKNG,...
PITTSBURGH – As state lawmakers from across the country discussed potential model online casino legislation last week, regulators from three states worked to dispel brick-and-mortar cannibalization beliefs. At the National Council of Legislators from Gaming States summer conference, members spent an afternoon discussing model online casino...
Tennessee sports betting regulators hit three operators with fines, including a $25,000 assessment against BetMGM. According to the Tennessee Sports Wagering Council (SWC), BetMGM allowed customers to place same-game parlays that included penalty cards given out during soccer games. Tennessee sports betting regulators prohibit wagering on...
The parent company of Bally Bet accepted an offer Thursday from its largest shareholder that will add four casinos to its portfolio. Soo Kim‘s Standard General is merging with Bally’s, acquiring the unowned Bally’s shares for $18.25 per share. Kim is the chairman of Bally’s and owns more than 26% of BALY. The offer is up 23.3%...
As legislators in the Cornhusker State kicked off a special session Thursday, an online Nebraska sports betting bill was among the first pieces of legislation filed as lawmakers work to lighten property taxes. Sen. Eliot Bostar introduced LB 13 during the first day of Nebraska’s special legislative session called by Gov. Jim Pillen. The bill,...
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