Is Legal Bitcoin Sports Betting Coming Soon to a Sportsbook Near You?

Is Legal Bitcoin Sports Betting Coming Soon to a Sportsbook Near You?

Bitcoin has been the domain of illegal offshore sportsbooks and gambling sites for quite some time now in a post-UIGEA world, but a patent recently acquired by International Game Technology (IGT) has brought cryptocurrency one step closer to mainstream adoption in the regulated gambling market.

Belle of Baton Rouge Sale Presents Opportunity for DraftKings

Belle of Baton Rouge Sale Presents Opportunity for DraftKings

Last week, Caesars Entertainment announced the sale of the Belle of Baton Rouge to CQ Holding Company, Inc (Casino Queen). A Caesars press release did not disclose the deal’s financial terms but stated it should close in mid-2021. The news sounds like a minor organization shuffle among small regional casinos, but it could have larger…

FanDuel to Rebrand and Revitalize Fairmount Park Racetrack

FanDuel to Rebrand and Revitalize Fairmount Park Racetrack

On Monday, FanDuel Group announced plans to make “a multi-million-dollar” investment into Fairmount Park Racetrack in Collinsville, Illinois. In a press release, FanDuel Group said its plans include revitalizing the track, introducing new horse racing events, constructing a retail sportsbook at the track, and rebranding the venue as FanDuel Sportsbook and Horse Racing.

New Jersey Advances Horse Racing and College Betting Legislation

New Jersey Advances Horse Racing and College Betting Legislation

The New Jersey legislature has recently advanced three pieces of legislation that would significantly expand NJ online betting options. Governor Phil Murphy has already signed one into law, while the others are in various stages of the legislative process. NJ Allows Residents to Bet on Horse Races from Out of State On November 6th, Governor…

Submission of Michigan Online Sports Betting Rules Brings State Close to Launch

Submission of Michigan Online Sports Betting Rules Brings State Close to Launch

The Michigan Gaming Control Board (MGCB) submitted the final draft of proposed sports betting regulations last week to bring the market one significant step closer to a Michigan sports betting launch.

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