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South Dakota Signs Sports Betting Regulations Into Law

Hasan Nabulsi
Even though citizens voted to allow sports betting inside of Deadwood casinos in November of 2020, the state had to sign a bill into law in order to finalize regulations of the market. On this date, Governor Kristi Noem signed off on a bill that would do exactly that. The bill limits sports betting to...

North Carolina Casino Sportsbooks Finally Launch

Hasan Nabulsi
Almost two years after North Carolina signed sports betting into law, the state’s tribal casinos finally opened the doors to their sportsbooks. New state compacts had to be signed as well as pass federal review which is why the launch took so long. However, the states only two sportsbooks launched just in time to capture...

Michigan Launches Online Sports Betting With Flood Of Sportsbooks

Hasan Nabulsi
Online sports betting in Michigan started with a bang with 10 online sportsbooks launching on the same day. Sportsbooks such as DraftKings, PointsBet, Barstool Sportsbook, and others were able to capitalize on the three remaining games of the 2020-2021 NFL season including Super Bowl LV. Since then, online Michigan sportsbooks have continued to produce more...

Virginia Launches First Ever Online Sportsbook With FanDuel

Hasan Nabulsi
Online sports betting in Virginia first launched when Fanduel went live only days before the NFL’s conference championships were played. Just a few days afterward, DraftKings joined the market on the day of the conference championships. Other online sportsbooks such as BetMGM, BetRivers, and William Hill have joined the market as state regulators have taken...

FuboTV Acquires Vigtory to launch In-house Sportsbook

Hasan Nabulsi
In an attempt to join the legal sports betting market first-hand, FuboTV acquired the online sportsbook Vigtory. FuboTV plans to use its technology and software to build an online sportsbook that is connected to their streaming service. Vigtory was already licensed in Iowa, but FuboTV plans to expand into other markets in the future....

Entain Plc Rejects MGM Resorts Offer For An $11.1 Billion Acquisition

Hasan Nabulsi
Entain Plc., formerly known as GVC Holdings, partnered with MGM Resorts for a joint venture to build Roar Digital and launch BetMGM. Entain rejected the offer on the principle that the offer undervalued their business. MGM offered an additional billion dollars, however, Entain is still considering that offer....

In-Person Registration For Online Iowa Sportsbooks Ends

Hasan Nabulsi
The New Year began a new era for online sports betting in Iowa. Up to this point, those who wished to use an online sportsbook in Iowa had to go to the casino that the site was partnered with and make an account in person. Now, Iowa sports bettors can register and use whichever online...

DraftKings Launches Industry’s First Ever Retail Gift Cards

Hasan Nabulsi
During the holiday season, DraftKings launched the sports betting industry’s first-ever retail gift cards. While play cards existed before, this was the first-ever sportsbook branded gift card. DraftKings gift cards are sold in increments of $25 or $50 and can be used to make deposits into the sportsbook. They are sold in places such as...