Legal Sportsbooks Handle Nears $100 Billion Since PASPA Repeal

Sportsbook

Over six states passed the billion-dollar handle mark New York opened regulated sports betting on the 19th of January and saw over $150 million bet New Jersey has generated the largest handle at over $22 billion $1 billion mark should be hit by February 2022 LAS VEGAS – In early 2018 Nevada ruled the world…

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Bullish Morgan Stanley Memo Boosts DraftKings Stock

Sports Betting Stocks

Investment firm Morgan Stanley released a memo on DraftKings’ stock on Wednesday, upgrading its standing from “equal weight” to “overweight”. DraftKings is set to see another substantial bump in stock price in 2022, with New York’s mobile sportsbook launch providing a huge boost to DraftKings’ revenue figures, among other factors. BOSTON – After a rough…

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Can California Work Its Way Into A Sports Betting Industry?

San Francisco, CA

California’s tribes have managed to get a sports betting initiative on the 2022 ballot. The initiative would legalize sports betting at tribal locations in California. California has the largest population of any US state. SACRAMENTO, Calif. – California’s tribes have taken the legalization of sports betting in the state into their own hands. With many…

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