1979 stories by Steve Bittenbender
Colorado Sports Betting Nets $11.4M for Water Plan, Changes Coming to Raise More Money
Sports betting in Colorado generated $11.4 million in tax revenue over the last fiscal year that will be used to help fund the state’s Water Plan. That’s according to a release by the Colorado Limited Gaming Control Commission (CLGCC). The Water Plan...
Churchill Downs to Buy Ellis Park for $79M, Will Invest $75M in Kentucky Track
Churchill Downs Incorporated’s (CDI) buying spree continues. This time, they’re staying in Kentucky. On Thursday, the Louisville-based gaming company announced it will acquire Henderson racetrack Ellis Park from Laguna Development Corp. (LDC) for $79 million. The deal is contingent on the Kentucky...
California Sports Betting: Poll Finds 54 Percent Reject Prop 27 Online Measure
An independent poll released late Wednesday evening (PT) shows California’s likely voters oppose a measure to legalize online sports betting by a rather substantial margin. Earlier this month, the Public Policy Institute of California (PPIC) included Proposition 27 in a survey of...
California Sports Betting: Who Funds the Groups Behind the $400M Battle?
The stakes continue to rise in the political battle to control sports betting in California. The four committees established to either support or oppose the two constitutional amendments have now raised more than $400 million between them. And come 55 days from...
Caesars Plans Sportsbook Truck Tour as Digital Marketing Efforts Shift Gears
Caesars Entertainment on Wednesday announced a nationwide tour featuring not a chariot, but a customized 18-wheeler. The truck will promote the Las Vegas company’s online sports wagering app at 17 scheduled stops through the upcoming Super Bowl. The tour will kick off...
PredictIt to Seek Injunction Against Ending Political Exchange in Feb. 2023
PredictIt plans to file a motion in US federal court that would seek to stop a regulator’s decision to require the politically focused futures trade exchange to liquidate all of its markets by Feb. 15, 2023. That move comes on the heels...
Del Mar Summer Meet Sets Records, Track COO Wants Sportsbook to Boost Racing
Del Mar concluded its summer meet on Sunday, and it was a record-breaking season for the thoroughbred track on the Southern California coast. The 31-day meet generated an all-sources handle of $579.2 million, up about $8.5 million from last year’s total. The...
Pinnacle Latest Sportsbook to Join Ontario’s Regulated Online Market
Pinnacle has been a fixture in the Canadian sports betting scene for years. On Monday, the Curacao-based sportsbook revealed it earned regulator approval to operate in Ontario. Monday’s release comes after the Alcohol and Gaming Commission of Ontario (AGCO) approved Pinnacle for...
NFL Week 1 Sports Betting Traffic Up 71% from 2021, Says GeoComply
The first week of the NFL season was a solid one for online sports betting operators. Cybersecurity solutions provider GeoComply announced Monday that it tracked more than 103 million geolocation checks from sportsbooks in legal US markets. With five more states allowing...
California Sports Betting: L.A. Times Editorial Urges Voters to Reject Prop 26 and 27
The Los Angeles Times, California’s largest newspaper, on Sunday called on voters to reject both sports betting measures, saying in an editorial both Proposition 26 and Proposition 27 offer “more risks than benefits” to the state. The two measures would legalize sports...
