Tag: betmgm
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BetMGM and PointsBet Apply for Ohio Sports Betting Access
BetMGM and PointsBet could be the first two online sportsbooks to come to Ohio. They’re the first sports betting “Mobile Management Services Provider” applicants, the Ohio Casino Control Commission announced Friday. If approved, they’d be able to launch online apps by Jan. 1, 2023, but only after partnering with a licensed retail betting venue, such as a…
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BetMGM Scales Back New York Spending Amid Tax Troubles
BetMGM, a top-five online United States sports betting operator, is cutting investment in the largest US sports betting market after just five months. BetMGM CFO Gary Deutsch, during the company’s investor day last week, said he could no longer justify marketing spending in New York, which taxes operators at an “unsustainable” 51% tax rate. “As…
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BetMGM, PointsBet Fined for Ontario Sports Betting Advertising
Major U.S. sportsbooks are already breaking Ontario’s strict rules on advertising, just a month in. BetMGM and PointsBet were fined a combined CAN$78,000 by the Alcohol and Gaming Commission of Ontario, for violating the agency’s Standard for Internet Gaming, according to a Tuesday release. “The AGCO holds all registered operators to high standards of responsible…
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Where Is Sports Betting Legal? Updated Projections for All 50 States
It’s been seven years since the Supreme Court struck down the federal ban on sports betting, allowing states to legalize it if they wish. North Carolina is the latest to join the party after launching online betting on March 11, 2024, three years after the state launched in-person betting. Missouri should be next after a…
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BetMGM Sportsbook Goes Live With Online Sports Betting in Virginia
BetMGM Sportsbook is officially live with online sports betting in Virginia as of Wednesday morning. Virginia surprisingly launched online sports betting this past Thursday, with FanDuel Sportsbook opening for business right away. Competitor DraftKings Sportsbook joined the party Sunday, and several more books will continue to follow suit over coming weeks. Not much had been…
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BetMGM Sportsbook Officially Launches Online Betting in Pennsylvania
BetMGM launched its Pennsylvania online sportsbook Thursday, bringing another major brand to one of the nation’s largest sports betting markets. Pennsylvania’s newest legal sports betting option will accept bets on a full range of professional teams, giving eligible bettors physically within state lines another option to wager on the NFL’s Philadelphia Eagles and Pittsburgh Steelers…