Industry News

Changing Bookie Model after the Pandemic

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Changing Bookie Model after the Pandemic

People across the globe are trying to adapt to the new normal. Every day lives are changing to prevent the spread of the virus. Thus, the sports betting industry is changing bookie model to keep up with the times. Sports organizations implement several health and safety protocols to ensure players and staff are safe from […]

Industry News

FanDuel Preparing for Illinois Bookie Launch

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FanDuel Preparing for Illinois Bookie Launch

FanDuel is preparing for an Illinois bookie launch. The state is one of the most promising sports wagering markets in the US. It partnered with Boyd Gaming, which operates the Par-A-Dice Casino. FanDuel should act right away. Governor JB Pritzker reinstated the order to allow remote registration. That means players don’t need to go to […]

Industry News

ZenSports Signs Deal for Nevada Sportsbook Expansion

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ZenSports Signs Deal with Strategic Gaming Management for Nevada Sportsbook Expansion

ZenSports signs deal with Strategic Gaming Management. It is its first step in getting a license to operate in the US. Also, it recently launched its peer-to-peer sports wagering product that caters to the international market. Through the partnership, ZenSports has the option to purchase a casino in Nevada. Also, it could become the operator […]

Industry News

Investment House Backs ETH Bookie Exchange Degens

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Investment House Backs ETH Bookie Exchange Degens

Investment house Draper Goren Holm announced its investment into ETH bookie exchange Degens. The latter is a peer-to-peer sports betting exchange started in 2017 and powered by Ethereum and DAI blockchains. The betting exchange promised cheap and fast sports betting. However, everything changed due to Ethereum’s scaling problems. As a result, the platform failed to […]

Industry News

New York Bookie Businesses Get Multi-Million PPP Loans

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New York Bookie Businesses Get Multi-Million PPP Loans

Five New York bookie businesses got multi-million federal loans that were meant to help small businesses during the pandemic. Thus, critics are complaining about the decision. The Western Regional OTB, Nassau County OTB, and Suffolk County OTB got $2.5 million each from the federal Small Business Administration. Also, the Capital District Regional OTB got $1.2 […]