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Colorado Ute Indians are first tribe to enter mobile sports betting

The Sky Ute Casino Resort made history this week as the first tribal gaming concern to enter the US sports betting market. It's a huge achievement that, hopefully, will get a boost from the increasing number of professional sporting events for players to actually wager on. Located in Ignacio, Colorado, in the southern part of…

California Indian tribes add wrinkles to sports betting legislation drama

During times of fiscal crisis, governments of all kinds look to regulated vice, like sports betting, to help fill in those budgetary gaps. That's exactly what lawmakers in California had in mind last week when they introduced a new sports betting bill aimed at helping the state dig itself out of a COVID-19 induced monetary…

Maine approves online horse race wagering

Gambling regulators in Maine have approved a measure that would allow online wagering on horse races. It's a big move for a state that's been slow to expand gambling options and shows exactly how much the worldwide COVID-19 lockdown is impacting and expanding gambling markets. Wagering on harness racing has long been legal in Maine,…

Wall Street loves DraftKings despite Q1 losses

DraftKings is feeling the love from Wall Street investors since its stock went public and, despite posting losses of nearly $69 million in Q1, its stock just keeps rising. The little daily fantasy sports company (that was never interested in sports betting, remember?) is now poised to become a permanent and dominant force in the…

Carousel Group enter US via Colorado sports betting market

The Carousel Group is entering the freshly minted Colorado sports betting market and they're bringing the weight of their high-powered domain www.sportsbetting.com with them. It's a move that gives them a pretty sweet toehold in the US market, but they'll have to wait out a pretty uncertain future that currently doesn't include any live sports.…

South Point Las Vegas innovates with drive-thru sports betting

As the only state that offered regulated sports betting for several decades, Nevada has long been the heart of sports betting innovation in the United States. That point is being driven home this week as the South Point Casino in Las Vegas begins offering a drive-thru option for sports betting. It's the kind of outside-the-box…

DraftKings beats the odds to become first US publicly traded sportsbook

DraftKings is set to become the first publicly traded sportsbook in US history today when its stocks go public on the NASDAQ stock exchange. The little daily fantasy sports operation that once eschewed any notion that it was involved in sports betting is now poised to dominate the burgeoning US sports wagering market and make…

Will Colorado be America’s next sports betting giant?

Is Colorado set to be the next big American sports betting success story? If predictions made by PlayColorado.com, a gaming industry trade group focused on regulated Colorado sports betting, are any indication - that's exactly what's going to happen. But despite the group's rosy outlook, the COVID-19 crisis could put the kibosh on the Centennial…

UFC skirting sports ban with fight at tribal casino

UFC 249 is looking to be the first full-fledged professional sporting event of the COVID-19 lockdown and it's likely taking place at the Tachi Palace tribal casino in California. The move to Tachi Palace comes as UFC chief Dana White believes the show must go own, even if it skirts the law and widespread calls…

With sports shut down worldwide, sports betting world turns to politics

When professional and college sports leagues began shutting down and cancelling their seasons early last month, its sent shock waves across the sports betting world. With no actual sports being played, players would have a tough time finding something to actually bet on. But punters have a way of finding out where the action is,…