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DraftKings Q3 Results Lead To Major Swings In Stock

DraftKings Sportsbook has had a volatile November in terms of its place on the stock market. DraftKings reported its Q3 earnings earlier this month, and after the numbers were released, the company’s stock tumbled from $15.68 to $11.26. However, since the report was released several weeks ago, the stock has nearly recovered. Despite the drop […]
Posted on: November 28, 2022 | Gambling revenue Massachusetts sports betting News Sports Betting | Stephanie Wood
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Avoid this Massachusetts sports betting mistake

Avoid This Massachusetts Sports Betting Strategy Mistake 

The Massachusetts sports betting launch is coming at the beginning of 2023. With a couple more months to prepare, sports bettors can begin learning how to avoid common sports betting strategy mistakes. One of the most common? Taking odds at face value. Odds are not probabilities. They’re potential payouts. Understanding that difference will eliminate one […]
Posted on: November 28, 2022 | Massachusetts sports betting News Sports Betting | Chris Gerlacher
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PointsBet no longer launching in Massachusetts, from playma.com

PointsBet Set To Offer A Unique Twist On Sports Betting For MA Bettors

The anticipation is high among sports fans in Massachusetts for the official launch of MA sports betting. Australian-based PointsBet is one of the online operators in the running for a sports betting license in the state. The field includes established names like DraftKings and FanDuel, which offer traditional fixed odds wagers such as moneylines, parlays, […]
Posted on: November 23, 2022 | MA Gaming Commission Massachusetts sports betting News Sports Betting | Cheryl Coward
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Massachusetts sports betting

Rules For Massachusetts Sports Betting Ads And “Risk-Free” Language

Massachusetts is gearing up for the launch of MA sports betting. Earlier this month, the Massachusetts Gaming Commission (MGC) convened a roundtable to discuss potential rules for sports betting ads when the industry launches.  Among other topics, participants discussed the number of ads that can be shown back to back. Regulators don’t want a commercial […]
Posted on: November 18, 2022 | MA Gaming Commission Massachusetts sports betting News Sports Betting | Chris Gerlacher
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MGM Springfield Gambling Revenue Increases By $2.3 Million In October

MGM Springfield Gambling Revenue Increases By $2.3 Million In October

After taking a dip in profits in September, MGM Springfield Casino saw an 11.3% increase in gross gaming revenue (GGR) for October. In its monthly revenue report, the Massachusetts Gaming Commission (MGC) announced that the casino’s GGR increased approximately $2.3 million. Overall, the casino’s October GGR totaled nearly $22.9 million compared to about $20.6 million […]
Posted on: November 17, 2022 | Gambling revenue MA Gaming Commission Massachusetts sports betting MGM Springfield News Sports Betting | Cheryl Coward
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Commission will meet June 2 to consider a new horse racing track

Gaming Regulators Clarify Sports Betting License Requirements For Simulcast Centers And Racetracks

As the Massachusetts Gaming Commission (MGC) races to enact regulatory guidelines for the 2023 launch of MA sports betting, casinos and mobile betting apps are taking center stage. There are three categories of operators who can offer sports betting in Massachusetts. The state’s three retail casinos fall under category 1, while online sportsbooks are category […]
Posted on: November 15, 2022 | casinos MA Gaming Commission Massachusetts sports betting News Sports Betting | Cheryl Coward
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