The Cordish Companies and FanDuel Group today announced a strategic partnership to bring FanDuel’s fantasy and sports betting operations to Cordish’s Live! Casino & Hotel and Entertainment Districts properties throughout the country.
The partnership brings together The Cordish Companies’ market leadership in the development and operation of highly acclaimed resort, casino and entertainment destinations with FanDuel’s top brand and industry-leading sports betting platform. Cordish Live! properties welcome over 55 million visitors a year and are among the highest profile destinations in the country. With over 8.5 million customers and presence across 45 states, FanDuel Group operates the biggest retail sportsbook in the world and America’s #1 online sportsbook.
“We are excited to partner with FanDuel to bring our customers the premier sports betting experience in the country, including unique promotions and sports engagement opportunities that will only be available at Live! properties,” stated Joseph Weinberg, Principal of The Cordish Companies.
“With ten decades of experience, The Cordish Companies have created the model for world-class integrated sports, gaming, entertainment and hospitality destinations,” stated Matt King, CEO FanDuel Group. “This partnership allows us to capitalize on the incredible success of sports betting to date and bring FanDuel’s top sports betting operations to Cordish destinations across the United States.”
The partnership will first come to life in Pennsylvania, where the companies plan to bring FanDuel Sportsbooks to Cordish’s Live Casino & Hotel Philadelphia and Live! Casino in Westmoreland County. The partnership will also come to life through Live! Entertainment Districts throughout the country. The companies will pursue sports betting licenses and online gaming opportunities in Maryland, Washington D.C., and other jurisdictions across the United States as sports betting expands across the country.
New Jersey’s online and retail sportsbooks collected a staggering $562 million in bets in November, and the industry has now taken in more than $5 billion in bets since the first was legally accepted in the state in June 2018. And at the current pace, it won’t be long before the state reaches $6 billion, according to analysts from PlayNJ.com.
“New Jersey sportsbooks will remain the chief beneficiary as long as neighboring New York refuses to legalize sports betting,” said Dustin Gouker, lead analyst for PlayNJ.com. “New York City’s 8 million residents continue to be a key ingredient that has propelled New Jersey into Nevada’s chief rival as the country’s largest legal sports betting market.”
New Jersey’s sportsbooks collected $562.2 million in bets in November, crushing the record $487.9 million handle in October, according to official reporting released Thursday. November’s handle represented a 70% increase from $330.7 million in October 2018.
New Jersey’s year-over-year growth has pushed its lifetime sports wagers to $5.3 billion, clearing yet another significant milestone in the state’s impressive first 18 months as a legal sports betting jurisdiction.
November revenue hit $32.9 million, up 110.9% from the $15.6 million won in November 2018. The state’s online and retail sportsbooks have now combined to generate $364.1 million in revenue since launch, yielding $47 million in state taxes.
Pending IGC approval, USA Sports Gaming LLC will launch its BetIndiana mobile sportsbook in partnership with Indianapolis-based Spectacle Entertainment, which owns and operates Majestic Star Casino in Gary, Indiana.
The announcement follows the debut of mobile, online sports wagering in the state earlier this month.
“This is the perfect partnership for us,” said Frank Ignatius, President & Founder of USA Sports Gaming. “Like BetIndiana, Spectacle Entertainment is an independent operator in the gaming industry, born in the Midwest and connected to our local markets. We see great synergy here and we’re confident we will provide bettors in Indiana with a book unlike any other in the state.”
Billed as “Your Hometown Sportsbook,” BetIndiana will offer action on events from around the world with the convenience of wagering from anywhere in the state via a mobile device.
Majestic Star Casino will debut a BetIndiana sports lounge where fans can watch marquee games and wager from their personal mobile devices throughout the year. The partnership is a long-term deal and BetIndiana will continue to be a mobile sportsbook for Spectacle Entertainment’s planned future land-based casino adjacent to the Borman Expressway in Gary, Indiana.
Additionally, fans and bettors alike can get news and information on sports and sports wagering at BetIndianaNews.com, the companion content site of the mobile sportsbook.
“We are extremely pleased to sign this agreement with Majestic Star to launch our BetIndiana mobile product,” Ignatius said. In addition to Indiana, we are making plans to operate in several other markets around the country, as more and more states legalize sports betting.
In May 2018, the Supreme Court repealed the Professional and Amateur Sports Protection Act of 1992 (PASPA), paving the way for states outside of Nevada to offer legal sports wagering.
Sportradar, the world’s leading provider of sports data and content, today announced that it has acquired the award-winning sports betting and gaming omnichannel platform business Optima, effective immediately.
Optima will extend Sportradar’s current betting services portfolio to become a full service B2B data, betting, trading and player management platform business. This will create a global ‘one-stop-shop’ technology and services business capable of offering a complete turnkey solution including a dedicated sports betting and iGaming platform supported by existing leading sports data, risk management and marketing services.
As a key part of Sportradar’s future growth strategy, the company will now offer the entire betting and gaming value chain in both established and emerging markets as they regulate.
Sportradar’s sports data and risk management services will continue to be platform-agnostic, expanding the current catalog of services to operators, with the excellent level of flexibility, support and product quality that currently is available to existing partners and customers. Existing and future sportsbook platform provider partnerships will remain unaffected and enabling bookmakers to integrate Sportradar’s services to their own in-house or third-party platform.
“This acquisition puts us in prime position to achieve our aim of becoming the world’s leading supplier of modular turnkey betting services and solutions,” said Carsten Koerl, Chief Executive Officer of Sportradar. “Optima utilizes the very best-in-breed technology to provide their clients with the most advanced and flexible platforms and having a 360-degree product portfolio is a key part of our future growth strategy. We are delighted to welcome them to the Sportradar family.”
“Optima joining Sportradar is the next natural step in the achievement of our company vision. Sportradar is an organization that I have admired for a very long time, and we couldn’t be happier to be joining forces with them,” said Jacob Lopez, Chief Executive Officer of Optima. “There are numerous and evident product synergies between the two companies and it really is the perfect fit in terms of a fully integrated one-stop shop solution for sports betting and e-gaming operators around the world. We are excited about the potential of the combination of the leading trading, risk management and betting entertainment services with the leading integral omnichannel sports betting and gaming platform. We are fully committed to a common vision and will work hard to continue ensuring Sportradar also offers the leading platform services for the group.”
Indiana’s retail sportsbooks enjoyed an impressive first month that has the state competitive with more established legal sports betting markets, according to PlayIndiana.com analysts.
Fueled by retail sportsbooks most closely to the situated Chicago market, Indiana retail sportsbooks accepted $35.2 million in bets in September, producing $8.6 million in adjusted gross revenue for the sportsbooks, according to official reporting released Wednesday. With Indiana’s 9.5% tax, the state’s win (which does not include bets yet to be paid, such as a wager on the Colts to win the Super Bowl), injected $813,103 in tax revenue.
“Indiana’s sportsbooks are in their infancy, but their ability to capitalize on the Chicago market did not take long to produce dividends,” Dustin Gouker, lead analyst for PlayIndiana.com. “This is the largest handle we’ve seen in a state’s first month of legal sports betting, and it happened without the benefit of online sports betting, which didn’t launch until October. That is a testament to Indiana’s existing infrastructure.”
Indiana’s $35.2 million handle was more than the $25.8 million Pennsylvania’s retail sportsbooks generated in August, but less than the $44.4 million bet in-person in New Jersey. Of course, more than half of all September bets in Indiana were on football, and neither Pennsylvania nor New Jersey had the benefit of the NFL in August. Both will likely significantly outpace Indiana in September.
Still, Indiana’s launch of online betting in October signals rapid growth in the coming months. Nearly 80% of all bets in New Jersey are made online, and Indiana will eventually take the majority of its bets online, too.
“Indiana showed in its first month a familiar pattern where football betting is far and away the main driver in the industry,” said Kim Yuhl, analyst for PlayIndiana.com. “The ability to make online and mobile bets, though, should send the state’s handle into a new stratosphere. Indiana is clearly on a trajectory to become one of the country’s largest legal sports betting markets.”
One of the chief reasons Indiana has so much potential is its proximity to Chicago, in addition to large markets in Ohio and Kentucky. The first full month of betting provided plenty of evidence.
Horseshoe Hammond, near Chicago, generated an Indiana-best handle of $8.98 million, yielding $2.1 million in revenue. Ameristar Casino in East Chicago was second with a $5.4 million handle, producing a $1.3 million win. Ameristar edged Hollywood Lawrenceburg, near Cincinnati, which accepted $5.2 million in bets and won $1.2 million. They were followed by:
Harrah’s Hoosier Park ($4.3 million handle, $1.31 win)
Blue Chip Casino ($3.8 million handle, $957,470 win)
Indiana Grand ($3.6 million handle, $764,908 win)
Tropicana Evansville ($1.1 million handle, $301,231 win)
Caesars Southern Indiana ($1.1 million handle, $293,348 win)
Belterra Casino ($709,219 handle, $133,352 win)
French Lick Resort ($939,222 handle, $217,523 win)
“The sportsbooks closest to the Chicago market have an obvious advantage in the retail sports betting market,” Yuhl said. “Even as online sports betting evens the landscape a bit, we expect that the Chicago-area sportsbooks will continue to receive the largest share of in-person bettors.”
Indiana’s legal sports betting market could become one of the largest in the country, generating billions of dollars in bets annually and millions in tax revenue for the state for years to come, according to analysts from PlayIndiana.com.
On Thursday, Indiana will become the seventh state to allow the launch of legal online sports betting, but few of its predecessors have had as much potential as a sports betting market. Already with 13 retail sportsbooks, the addition of online sports betting to Indiana could mean that the state’s best-case scenario is to generate nearly $400 million in annual revenue from a handle of close to $6 billion if neighboring states such as Ohio and Kentucky do not legalize sports betting.
“Indiana’s close proximity to Chicago, as well as other relatively large markets such as Cincinnati and Louisville, should help the state punch above its weight class,” said Dustin Gouker, lead analyst for PlayIndiana.com. “As long as Indiana’s neighbors continue to prohibit sports betting, the state should expect huge flows of drive-in traffic.”
The two largest legal sports betting markets in the country enjoy a similar dynamic. Nevada has long relied on drive-in traffic from California to fill its sportsbooks. And New York helps fuel New Jersey’s sports betting industry, which has accepted $3.8 billion in bets since launching in June 2018.
“Indiana most closely resembles New Jersey, where the New York City market sits just across its border, helping to propel the Garden State into a neck and neck race with Nevada,” Gouker said. “If everything goes right for Indiana, it could see remarkable growth, as was the case in New Jersey.”
Such growth would be a boost to Indiana’s state budget. With a tax rate of 9.5%, $400 million in gross revenue for the sportsbooks would inject $38 million into state coffers.
PlayIndiana.com
Indiana’s 9.5% rate could also make it more attractive to operators.
By comparison, Pennsylvania levies a 36% rate, the highest in the nation. New Jersey levies a 9.75% tax on revenue from retail sportsbooks and 13% on online sports betting revenue.
“Indiana has set itself up as one of the most operator-friendly legal sports betting markets in the country,” said Kim Yuhl, analyst for PlayIndiana.com. “That balance should help both sportsbook operators and the state realize their revenue potential.”
For more information and analysis on regulated sports betting in Indiana, visit PlayIndiana.com/news.
International Game Technology PLC continues to lead as a B2B sports betting technology provider with IGT PlaySports solution deployments in nine U.S. states. The IGT PlaySports footprint includes 30-plus sports betting venues. There are currently 13 U.S. states with legalized sports betting. The IGT PlaySports platform is powering sports betting in the following states:
Indiana
Iowa
New York
Pennsylvania
West Virginia
Mississippi
Rhode Island
New Jersey
Nevada
IGT has also executed sports betting agreements with customers in Oregon, Arkansas and Illinois in anticipation of PlaySports solution rollouts in those states.
In addition to enabling over-the-counter retail sports betting in nine states, IGT has more than 150 self-service IGT PlaySports kiosks deployed in sportsbooks around the U.S. and is powering mobile sports wagering in Nevada, New Jersey, Rhode Island, Mississippi, Pennsylvania and West Virginia.
“We put in the work to ensure that our IGT PlaySports solution was market-ready the day that PASPA was repealed – we hit the ground running last summer and never looked back. IGT is a serious player in the U.S. sports betting market because we offer a superior product, and we’re uniquely qualified to meet our customers’ needs, timelines and business objectives,” said Enrico Drago, IGT PlayDigital Senior Vice President. “There is no better representation of the flexibility and scalability of the IGT PlaySports platform than the diversity of customers and venues that are currently leveraging it to power their sportsbooks.”
“IGT is quickly penetrating the legal U.S. sports betting market with our PlaySports platform and enabling many of our customers to create new opportunities for growth and player engagement,” said Nick Khin, IGT Chief Commercial Officer, Gaming. “IGT’s sports betting footprint that extends across nine states is a testament to the quality and versatility of the PlaySports solution, and our team’s ability to quickly deliver and support the developing U.S. sports betting market.”
Cyprus-based online performance marketing firm Multibrands Digital has successfully launched its global sportsbetting odds comparison and tipster service ThePlayer.com – and promises to create value for all “Players” in the business, both bettors and gaming operators.
Following a 3-year successful run with its Swedish product 1X2.se, Multibrands Digital has finally gone global with ThePlayer.com – much to the delight of it’s international fan base that had been patiently waiting for this move.
Opening its doors 3 weeks ago, ThePlayer.com has already seen 30 000 visitors find their way to the site. ThePlayer.com offers users a comprehensive odds comparison service, expert betting tips, objective sportsbook reviews, in-depth sports data and statistics, a place to keep your own spreadsheet and track your game in detail, and much more. Most major sports are covered, but new ones are added on a regular basis, with eSports next in line. Sports data, odds and statistics are provided by data provider Sportradar – a global leader in its field – and integrated into the services on the site.
“Informed customers are good customers”, says Christoffer Erngren, COO of Multibrands Digital. The times of over-the-top and complex bonus offers as the main way of attracting new customers are more or less over – even more so in regulated markets. We believe the future belongs to services comparing actual product offering like markets, game types and odds, rather than campaigns and bonus offers. As well as giving the user powerful tools to keep track of and improve his or her own game.”
User interest so far indicates a promising future. At the moment the platform boasts 3000 spreadsheets, 1000 new bets per day posted by its users and close to 10 000 registered members. The site prides itself on maintaining a high level of transparency, as this is key for the tracking of bets, spreadsheets, compiling data and measuring ROI. As an example, the site’s tipsters can’t go back and change bets they have “locked in” in their spreadsheet – adding credibility to the data and the service.
“Our tipsters are carefully selected based on verifiable track record, our data carefully curated, and our platform continuously developed and improved to provide our users with the best possible service. Our ambition is very clear, and that is to become a leader in this field, in multiple markets all over the world. Collaborating with our tipsters via their own social media channels, we are making use of the influencer marketing model, giving us great reach and traffic from a large number of countries already. We plan to focus our efforts on English speaking markets in general, and on the regulated US market in particular”, concludes Erngren.
Multibrands Digital has recently been approved as an authorized vendor/affiliate in the state of New Jersey and is currently working with a handful of operators there. The company is also looking at other American states that have either regulated or are close to regulate online sportsbetting, for further expansion.
With a successful launch and an ambitious roadmap – including an app for AppStore and Google Play currently in the works, where users will be able to subscribe to their favourite tipsters and get notifications whenever they post new content – ThePlayer.com is firmly on its path to levelling the playing field for all “Players”.
BetMaps, Inc. proudly announces the launch of the BETMAPS website and mobile app. BETMAPS is a place where sports fans, interested in legal sports betting, can find and compare nearby sportsbooks. With BETMAPS, users can read reviews, compare features, find events and specials, and connect with sportsbooks directly.
Sports betting is now legal in 18 states plus Washington, DC. Mobile betting has led the sports betting scene, with up to 85% of bets placed online. That’s great news for the industry. But for some, online betting lacks that loud, exciting, and social element which only a raucous sportsbook can provide.
To attract a new generation of sports fans, sportsbooks have built up their offerings. With their “man-cave” style furniture, pool tables, bar games, and huge walls of ultra-high-definition TVs, today’s sportsbooks have a lot to offer patrons. Other venues like sports bars, taverns, and stadiums are chomping at the bit to run their own sports betting operation. Each venue has something different to offer. However, one thing is clear: for a consumer, sorting through the different options is a tough task.
BetMaps, Inc.
“Through our platform, users can easily search for that perfect place. They can find a spot to make a bet, watch a game, soak up the atmosphere, and hopefully bring home a W,” said BetMaps, Inc. CEO and Founder Isaac Khan. “We do the work, so they can focus on enjoying the game.”
Khan, a pharmacist by trade, gained valuable experience when he started a successful consulting business. An amateur sports bettor at best, Khan saw a growing industry in need of a platform. The opportunity to shake things up was too hard to pass up. So Khan banded together with a few fellow sports fans to change the way consumers choose where to bet on sports. The BETMAPS team are professionals from diverse fields including law, finance, politics, and IT. After many long nights and early morning meetings across tables at sparsely-populated coffee shops and sports bars, BETMAPS has launched a game-changing platform.
Khan concluded, “We are in the early stages of legal sports betting, what better time than now to jump in. We’ll grow and adapt with this space and provide long-term value to our users.”
DraftKings Inc. today debuted its Sportsbook app for sports fans in West Virginia. The platform previously made history in New Jersey as the first mobile, online and legal betting offering outside of Nevada. The official launch of the DraftKings Sportsbook in West Virginia, the second U.S. state where the product is accessible, follows DraftKings’ licensing agreement with Penn National Gaming, Inc. (NASDAQ: PENN) in December 2018, and marks a pivotal next step for national expansion of the product.
“We are thrilled to continue our DraftKings Sportsbook expansion by getting our product into the hands of West Virginians,” said Matt Kalish, co-founder and Chief Revenue Officer at DraftKings. “We look forward to serving our fans with the top-rated DraftKings Sportsbook app, that features numerous consumer protection features and strives to provide the broadest selection of betting options with the best odds and rewards in West Virginia. DraftKings knows the American sports fan better than anyone, and we look forward to proving that in the Mountain State.”
Having paid out more than $720 million to customers in New Jersey, expansion of the DraftKings Sportsbook app to West Virginia is the latest move in the company’s commitment to providing the best and most enjoyable mobile sports betting product for consumers nationally. Fans in West Virginia will have the opportunity to seamlessly transition between the DraftKings Sportsbook app and the DraftKings Fantasy app to engage with their favorite major and niche sports worldwide.
“We are pleased to help welcome DraftKings to West Virginia,” said John Finamore, Sr. Vice President of Regional Operations at Penn National Gaming. “They provide a quality online sports betting experience that will benefit their customers and the state.”
Sports fans in New Jersey and West Virginia can place their bets on the DraftKings Sportsbook app via iOS and Android or online at Sportsbook.DraftKings.com.
-theScore, Inc. (TSX Venture: SCR) (“theScore” or “the Company”) today announced that the New Jersey Division of Gaming Enforcement (DGE) has granted an initial approval authorizing the Company’s subsidiary, Score Digital Sports Ventures Inc. to engage in Internet and mobile sports wagering activities in the state. In accordance with the DGE’s procedures, theScore will undertake a soft-launch phase of its sportsbook app with a select group of sports bettors in the state in the coming days, ahead of its anticipated state-wide launch in advance of football season.
“This is a huge milestone and a result of the tireless hard work that has gone into getting our sportsbook ready for launch,” said John Levy, Founder and CEO of theScore. “We can’t wait to debut a best-in-class sports betting offering in New Jersey, delivering a truly unique and holistic sports media and wagering experience for fans.”
theScore became the first media company in North America to announce plans to operate a sports betting platform in December 2018 after finalizing an official licensing partnership for New Jersey market access with Darby Development LLC, the operator of Monmouth Park Racetrack, and the New Jersey Thoroughbred Horsemen’s Association.
Last month, theScore announced a major expansion to its U.S. mobile sports betting platform through a strategic multi-state market access framework agreement with Penn National Gaming Inc., North America’s largest regional gaming operator. The framework agreement provides theScore with the right to offer online and mobile sports betting and i-gaming applications in 11 states where Penn National operates casinos and racetracks, subject to applicable state gaming laws and regulations.
theScore’s sports media app for iOS and Android is one of the most popular sports apps in North America, with an audience of approximately four million monthly active users that span every U.S. state. theScore’s mobile sports betting applications will leverage proprietary sports betting platform technology by U.S. based i-gaming and sportsbook provider Bet.Works.
SlatersPicks.com, a sports consulting website launches featuring long-time radio host Andy Slater. Slaters Picks has announced its plans to launch in September to the public officially after a successful private run this summer releasing late breaking MLB news and seeing how their clients could act on the news. Lining up with the start of the college and NFL regular season, Slater’s service is attempting to bring unique insight to the industry with late-breaking value picks.
To this point, SlatersPicks.com was only accessible through invite-only. Slater’s team has worked hard to ensure that the website is ready for launch to the public, opening up his vast knowledge of the world of sports handicapping to everyone.
Over the last couple of decades, Slater has built up his reputation in the sports industry as a radio talk shows host based in South Florida. He covers all the major sports on his weekday show, The Andy Slater Show which is known globally beyond Miami.
While sports betting has become legalized in more states this year, the sports radio show and website Slaters Picks is designed for those who want all the tips and information Slater has on upcoming games. This is a great opportunity for not only beginners to get a feel for betting responsibly, but seasoned sports gamblers to hone their craft as much as possible.
Anyone who signs up when SlatersPicks.com launches will have the opportunity to link their phone number with their account. This benefit allows for text alerts, as well as access to Slater’s picks by calling right before a game. It’s crucial to have the best edge in sports. Information can change a pick right before an event starts. That’s why it is so essential to Slater that his service provides the latest news at all times.
In the next few weeks, SlatersPicks.com will release the subscription prices for all first-time members. Discounts will be available for those who sign up for longer subscriptions, and initial pricing will depend on how many sports a person wants picks for. To learn more, all updates will be available online or via the company’s phone number (888-364-4003) and on SlatersPicks.com. This will be a year we look back and prove that pundits, radio hosts, and journalists can make a difference even in the sports gaming world.
Parx Casino®, Pennsylvania’s #1 casino, announced the grand opening of the brand new Parx Casino® Sportsbook on Thursday. Parx Casino® Sportsbook looks to set the industry standard with a dazzling 7,400 square foot space that features a sweeping 156 foot HD media wall that can show up to 36 games all at the same time. Additionally, the sleek, state of the art space will feature six live tellers, 18 kiosks, 196 seats, three VIP areas, plus a 38′ x 14′ bar with 38 seats and a dramatic four-tier light design hanging from above. At the bar, look for a full menu of beer, wine, spirits and cocktails. From the kitchen, look for elevated game day favorites, including chicken wings, the Philly cheesesteak, a selection of burgers, and even a vegan Impossible burger. Parx Casino® will cut the ribbon at 3:00pm, and then open to the public at 5:00pm just in time for the Philadelphia Eagles preseason game vs. the Tennessee Titans. The grand opening of this permanent Sportsbook follows the recent launch of the Parx Online Sports Betting App and the Parx Casino real money casino. Parx Casino® is located at 2999 Street Road, Bensalem, in the heart of Bucks County – and only a short drive from Philadelphia and New York.
“Parx Casino® is excited to cut the ribbon on the best sportsbook in the country,” said Senior Vice President of Interactive Gaming & Sports, Matthew Cullen. “Parx aims to set the industry standard in this new and fast-growing arena. The timing couldn’t be better as we head into football season. We felt our local Eagles fans deserved to have the ultimate game day destination to cheer on the Birds. Game day will soar to new heights as we present the absolute best gaming and entertainment experience of its kind. We have worked for nearly two years to expand our portfolio of offerings to give patrons the best of all types of legalized gaming. After the recent launch of online sports betting and our real money online casino, the grand opening of Parx Casino Sportsbook completes this mission.”
Sports fans are invited to place their bets at the largest and most state-of-the-art new sportsbooks in America. When opened, customers can expect their favorite ways to bet on sports at Parx including: spread, moneyline, total, props, parlays and teasers. Sports that will be available will include, among others, Pro Football, Pro Basketball, Pro Baseball, Pro Hockey, College Football, College Basketball, Tennis, Golf, MMA, Boxing, Auto Racing and more. In honor of the grand opening, the first 1,000 people to come through the Sportsbook doors on August 8th will receive a $25 free bet when they fund their online sports betting account with at least $25. The promotion is available to both new signups and people with existing Parx Casino® online accounts. Look for details at the grand opening and on the Parx website.
The new Sportsbook will be open 24 hours a day, seven days a week with 10-16 hours of live teller assistance pending on sports schedules. The space can hold up to 422 people, and features a 156 foot HD media wall that can broadcast 36 games simultaneously. The space also features six live teller windows, a full service bar, and comfortable seating for up to 200 people to watch the games. There will be 18 self-service sports betting kiosks available in the new Sportsbook as well as throughout the casino floor, Parx Beer Garden and Parx Poker Room.
From the kitchen, Parx Casino’s Sportsbook will fire up elevated game-day favorites. The opening menu includes Cheesesteak Dumplings $9, Chicken Tenders $10, Chicken Caesar Salad $1, Sports Book Chicken Wings $12, Boneless Chicken Wings $12, Angus Beef Hot Dog $7, Cheddar Pub Burger $10, Crispy Fried Chicken Burger $12, Philly Cheesesteak $12, Shaved Pork and Broccoli Rabe $12, Smoke House Burger $13 and The Impossible Burger $14.
The $10M addition of Sportsbook follows a $58.5M expansion over the last two years that included the Xcite Center, Parx Poker Room, Liberty Bell Gastropub, Oliveto and Parx Casino® Beer Garden.
Smarkets, operator of one of the world’s largest betting exchanges, has today announced the launch of its new sportsbook product, SBK.
SBK is a sportsbook app that combines industry-disrupting odds with a social-focused interface to offer users the fairest and funnest app for betting on sport and politics. Prices on SBK are the same as those on the Smarkets exchange, which has the best odds in the world thanks to its peer-to-peer model and proprietary technology.
SBK will benchmark its prices directly against leading bookmakers and show users how often they are getting the best odds with the revolutionary SBK Price+ feature, which will initially compare odds on football before incorporating the app’s entire event offering.
Users will be able to sign up and start betting on SBK from tomorrow (Friday 9 August); the app has been in a private test mode, with a waiting list to join, for the last 12 months.
Smarkets CEO and Founder Jason Trost said: “We are extremely excited to fully launch SBK having made substantial improvements since the beta introduction last year.
“By combining innovative technology with transparent and fair odds, I believe we are able to offer a product like no other in the market, which will help us continue to have an impact in an industry dominated by a few big players who don’t seek to give customers the best value.”
The Smarkets exchange, which has processed over £14 billion in trading volume since launching in 2010, offers users more flexibility and trading options compared to the sportsbook user experience of SBK.
Trost added: “While some bettors prefer the advanced features of Smarkets, we created SBK for those customers that want the better pricing of an exchange with the cleaner interface of a sportsbook.”
SBK was built in-house, predominantly by the company’s engineering team in Los Angeles, and will initially be launched in the UK, with Smarkets also expecting to introduce the product to the developing US betting market in the near future.
About Smarkets
Founded in 2008, Smarkets is an award-winning, product-focused, sports betting company headquartered in London, with offices in Los Angeles and Malta.
It was founded by a team of finance and software engineering professionals, and is backed by Passion Capital and Deutsche Telekom.
The Smarkets exchange has processed over £14 billion worth of transactions for customers across the company’s licensed and regulated markets.
SBK is a new sportsbook that delivers industry-disrupting odds. It draws these prices from the Smarkets exchange but offers a sleek, social, sportsbook experience for those customers that want the better pricing of an exchange with the cleaner interface of a sportsbook.
FanDuel Group announced the grand opening of the company’s first retail sportsbook in New York State, located at Tioga Downs Casino Resort in Nichols, New York. The FanDuel Sportsbook will open to the public on Friday, July 19 at 2:30 PM ET, with New York Assemblywoman Donna Lupardo from NY District 123rd making the ceremonial first bet as part of a ribbon-cutting ceremony.
“As we continue to expand our sportsbook operations across the U.S. the opening of our FanDuel Sportsbook at Tioga Downs Casino Resort is a history-making moment for the FanDuel Group,” said Keith Wall, Vice President Commercial Retail, FanDuel Group. “Jeff Gural has been an incredible partner in New Jersey, and joining forces with him and the team at Tioga Downs allows us to bring sports betting to New York sports fans while delivering new jobs and tax revenue to the Empire State.”
Tioga Downs’ sports betting retail location is one of four upstate New York casinos permitted to offer sports betting in the state of New York.
“Our partnership with FanDuel at the Meadowlands has surpassed expectations,” said Jeff Gural, Chairman of American Racing and Entertainment. “Now that legislation in New York has been passed, we look forward to bringing the fun and excitement of wagering on sports to the Upstate region.”
FanDuel’s new 2,600 square foot sports betting retail location will be conveniently located near the main entrance of the Tioga Downs Casino. The FanDuel Sportsbook will feature eight betting windows, 27 video displays including a large video wall, 14 self service betting kiosks from IGTPlayDigital, three sports tickers, 12 lounge seats, seven high tables, two drink rails, and seating for more than 50 customers. FanDuel will provide its first class risk and trading platform and manage the location in partnership with Tioga Downs Casino Resort and will leverage IGT PlayDigital’s retail sports betting technology. The FanDuel Sportsbook will feature bets on all major U.S. sports, including professional baseball, soccer, football, basketball, golf, boxing, motorsports racing, and more.
The FanDuel Sportsbook at Tioga Downs Casino Resort marks FanDuel Group’s fourth retail operation. The company opened the first-ever FanDuel Sportsbook located at New Meadowlands Racetrack last July, followed by a location at The Greenbrier in West Virginia last fall and most recently at the Valley Forge Casino Resort in Pennsylvania.
Covers.com, the leader in free-to-play sports betting contests, celebrated a milestone over the weekend when their contest player ‘mctrap’ got 21 consecutive wins in the Streak Survivor contest. He won $25,000 in cold-hard cash and a place on the coveted Streak Survivor All-Star list.
Streak Survivor is Covers.com’s sports betting contest for new and experienced sports bettors alike, where players can test their handicapping skills on most major sports. The more consecutive correct picks, the more they win. It’s that simple. Contestants vie to win cash and Covers prizes, including our $25,000 and $100,000 top prizes.
The landmark win for mctrap came on Saturday evening as he selected the Over 11 runs in the San Diego Padres-Colorado Rockies MLB game. As exciting as this achievement is, mctrap’s streak isn’t over yet: he’s now only four winning picks away from the $100,000 grand prize, which hasn’t been won since 2007.
“Our brain is like a pattern-seeking survival machine and the habits are how we ensure that we don’t always have to think too hard about what we’re going to do,” mctrap explained in an interview last Wednesday. “We look for familiar situations, so I have certain criteria that I look for as far as handicapping habits and I’ve just kind of developed those habits and I rely on those.”
His $25,000 prize is a fitting number as Covers enters into its 25th year anniversary in 2020.
“Running our Covers contests is an important part of providing a fun and engaging experience for our users. We are delighted to see Streak Survivor contestant mctrap doing so well, winning the $25,000 prize and close to our grand prize of $100,000,” says Mark Harper, General Manager of Nova Scotia Sports Media Pros and Covers Media Group.
mctrap is feeling good with his $25,000, but make no mistake: His streak is not finished yet and he has his sights on the $100,000 grand prize. His next pick isn’t in yet and he has until June 25 to make that selection.
PointsBet, a premier global sportsbook operator, today announced the pricing of its initial global public offering of 37,500,000 shares under the Initial Public Offering (Offer) as described in the Prospectus dated May 23, 2019. The shares were issued at the offer price of $2.00 per share, and PointsBet will have 110 million shares on issue with 26,930,020 shares subject to mandatory ASX escrow conditions.
Launched in Australia in 2017, with an expansion to the United States in January 2019, PointsBet is a rapidly growing sportsbook with unique offerings and a bettor friendly approach. PointsBet has introduced a slew of bettor-first initiatives including, Good Karma Payouts, which provides bettors relief in the event of unlikely circumstances that sway the fate of the game, Early Payouts, and an exclusive $10,000 gameday guarantee for all NBA and NHL playoff games, as well as the entire MLB and NFL seasons.
“Similar to the way we allow fans to take part in sporting events, our public offering allows fans to take part in us, as a company and as a platform,” said PointsBet global CEO, Sam Swanell. “The global public offering comes at a time of rapid growth for the company and industry at-large and we are eager to utilize this momentum to continue to make sports betting an exciting and rewarding experience for all our customers.”
Headquartered in New Jersey, PointsBet’s footprint in the United States continues to expand. The company has a deal with Catfish Bend Casino in Iowa to unveil the company’s first physical sportsbook in America, as well as agreement with New York’s Tioga Downs Casino Resort subject to the passing of enabling legislation. The additional funds from the IPO will be used to finance continued expansion in evolving markets.
Circa Sports at Golden Gate Hotel Casino ( Credit: Denise Truscello/Getty Images)
Las Vegas casino owner and developer Derek Stevens officially launched his new sports betting venture, Circa Sports, this weekend within the all-new sportsbook at Golden Gate Hotel & Casino.
Stevens kicked off the opening with the introduction of a $1.5 million pro football contest, a mobile app and a ceremonial first bet with many of the city’s best bookmakers.
“The bell has rung, and we are thrilled to be taking bets of all kinds with Circa Sports,” said Stevens. “We intend to bring that old-school Las Vegas vibe to the floor, so there was no better place to bring this to life than in Las Vegas’ most historic hotel, Golden Gate.”
Steven’s “guests first” philosophy will be seen throughout Circa Sports. Led by a team featuring the finest oddsmakers in the city, Circa Sports will bring top-notch customer service to visitors, appealing to betting novices and sharps alike. In addition, the Circa Sports mobile app is now available to add convenience to what will be the most competitive wagering menu – from daily games and events to futures – in Las Vegas.
To celebrate the camaraderie of the Las Vegas sports betting community, Stevens invited a variety of Las Vegas’ top bookmakers to place the first official bets at Golden Gate on opening day. This included an exciting ribbon cutting presentation featuring part of the Circa Sports executive team, including Vice President of Operations Mike Palm and Sportsbook Director Matt Metcalf.
Derek Stevens at the Circa Sports opening at Golden Gate Hotel Casino ( Credit: Denise Truscello/Getty Images)
The season-long Circa Sports Million Pro Football Contest will offer $1.5 million in prizes, including a $1 million payout for the champion. All players must be at least 21 years of age and can enter the statewide contest by registering at Golden Gate and paying a $1,000 entry fee. Participants can enter now until through September 7.
Designed by MOSER Architecture Studio, the 1,297-square-foot sportsbook at Golden Gate features a state-of-the-art video wall, LED boards displaying betting odds and two betting kiosks. On June 19, Circa Sports will introduce a satellite program at sister property the D Las Vegas. Its next stop will be at the highly anticipated multi-level, stadium-style sportsbook at Circa Resort & Casino in December 2020.
For the first time in history, sports betting fans can legally place online and mobile wagers in Pennsylvania. SugarHouse Casino, which launched Philly’s first land-based sportsbook in December 2018, went live with PlaySugarHouse.com, the Commonwealth’s first licensed online and mobile sportsbook, on Friday, May 31. Today’s formal launch follows the casino’s successful three-day operational test period and approval from the Pennsylvania Gaming Control Board to officially accept digital wagers.
To celebrate Pennsylvania’s launch of online and mobile sports betting, PlaySugarHouse.com expects to shortly activate no-vig bets on NBA Finals games wagered on in PA, similar to the way this exciting promotion is currently offered in New Jersey. For the entire series, from 10 a.m. ET until tipoff, the main line spread will be priced at +100 on each side, ensuring bettors receive unbeatable value as they try out the site during this busy time in the sports season.
“Since opening, our SugarHouse Sportsbook has been buzzing with sports fans 24/7,” said Rob Long, general manager of SugarHouse Casino. “Whether they’re watching Philly teams on the big screen or following a soccer game or tennis matches live streamed directly from the French Open to PlaySugarHouse.com, the action is round-the-clock, and now with online and mobile sports betting, you can take it with you.”
To get started, online users must visit PlaySugarHouse.com to create an account. Players will receive a match bonus up to $250 on their first deposit.
PlaySugarHouse.com is a proven New Jersey leader as one of the top four performing digital sportsbooks in the state since the market launched in September 2018. In fact, Rush Street Interactive (RSI), the operator of PlaySugarHouse.com, was recently crowned ‘Mobile Operator of the Year in North America’ at the EGR North America Awards 2019. RSI brings the same proven and high quality product, customer service and user experience to Pennsylvania. Due to distinct regulations in the two adjacent jurisdictions, New Jersey players already registered with PlaySugarHouse.com in the Garden State will have to create a new Pennsylvania account to wager in the Commonwealth. Fortunately, players with New Jersey accounts can leverage the personal information already supplied to PlaySugarHouse.com in New Jersey to accelerate their PA account registration.
“Thanks to the Pennsylvania Gaming Control Board’s leadership, we are excited to make history in bringing the first online sportsbook to sports fans in the state of Pennsylvania,” said Richard Schwartz, president of Rush Street Interactive. “Rush Street Interactive has grown market share since entering the New Jersey market in 2016, in large part due to the quality of PlaySugarHouse.com user experience and a laser focus on delivering what our players want, a massive range of sports betting options, responsive customer service and fast payouts. We have now brought the same quality, award-winning PlaySugarHouse.com site to players in the state of Pennsylvania.”
On laptops and desktops, players must visit PlaySugarHouse.com to start placing bets. Android users must go to the same PlaySugarHouse.com website to download the new Pennsylvania app to wager on their mobile devices. Apple users can register using their mobile devices, but will need to wager from a desktop or laptop until betting from iPhones and iPads becomes available in the near future. The PlaySugarHouse.com iOS app for Pennsylvania has not been approved yet by the Apple store due to changes in how it enforces policies, but RSI is working diligently to obtain approval.
The expansive selection of sports and all wagers available at SugarHouse Casino’s in-casino sportsbook will also be available via online and mobile; offering millions of betting options on thousands of games, including football, basketball, baseball, hockey, tennis, and much more. In-game sports betting and prop bets are also available. Bettors familiar with the popular kiosk stations at the land-based sportsbook will find the interface similar, intuitive and easy to use.
PlaySugarHouse.com accepts a market leading variety of deposit options, including credit and debit cards (Visa and Mastercard), ACH/e-checks, online banking, wire transfers, pre-paid cards signed up for online, and cash deposits either at the SugarHouse Casino cage or at 7-Eleven and other retail stores in the state. The site expects to soon accept Paypal and Discover-branded credit and debit cards as it does in New Jersey.
SugarHouse Casino’s digital and land-based sport wagering operator is Rush Street Interactive PA, LLC, and its affiliates. RSI owns and operates PlaySugarHouse.com, an online casino and sportsbook in New Jersey, and is known for its quality customer care, including fast payouts. RSI-supported land-based sportsbooks at SugarHouse Casino in Philadelphia and Rivers Casino in Pittsburgh lead the state, having generated over 50% of all retail sportsbook betting in Pennsylvania since the market opened in November 2018. RSI was also the first U.S. gaming operator to launch sports betting under a gaming license in a legal and regulated market in Colombia, South America.
