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News from the world of sports betting

California Cities Seek to Add Another Sports Betting Measure to ’22 Ballot

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There’s already one California sports betting initiative that’s been approved for the 2022 ballot, and now a group of Golden State cities is pushing for another. Players gather at the Kings Card Club in Stockton, Calif. Last week, officials from three California cities submitted a proposed sports betting referendum to the state attorney general’s office.

DraftKings Again Raises Revenue Outlook, Q2 EBITDA Beat Excites Analysts

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DraftKings (NASDAQ:DKNG) again increased its full-year revenue outlook today following a strong set of second-quarter results, which the company delivered earlier. DraftKings CEO Jason Robins in a CNBC interview earlier today. The company again raised 2021 revenue guidance (Image: CNBC) The sportsbook operator now expects 2021 sales of $1.21 billion to $1.29 billion, up from

Barstool Fund Becomes Permanent Charity, Founder Dave Portnoy Seeks Director

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The Barstool Fund is here to stay.  Kenney’s Irish Pub in Michigan expresses its thanks to the Barstool Fund and founder Dave Portnoy last year. Portnoy revealed this week that the charity is now a permanent resource for businesses enduring hardship. (Image: FOX 2 Detroit) Barstool Sports founder Dave Portnoy says his nonprofit, formed last

Caesars Sportsbook Debuts Colossal Ad Campaign, William Hill Phased Out

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The Caesars Sportsbook has officially debuted in the United States, as Caesars Entertainment does away with the William Hill brand in favor of incorporating its own name into the online gaming space.  Caesars Entertainment is dropping William Hill in the US, and instead launching a new trademark called Caesars Sportsbook. The online identity is up

AM/FM Radio Better Bet for Sportsbook Advertisers, According to Study

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With football season nearing, it’s likely sports betting companies will be kicking up television advertising efforts and spending. But a recent study indicates gaming operators ought to focus on radio. Wynn and Encore Las Vegas. The company signed an advertising deal with Cumulus, and that could be a smart move. (Image: Las Vegas Weekly) Earlier

Louisiana Governor Names Ronnie Johns Gaming Control Board Chairman

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Ronnie Johns, a state senator who recently resigned from the Legislature, has been named chairman of the Louisiana Gaming Control Board. His appointment comes as the state is preparing to launch sports betting. Ronnie Johns gestures while speaking at a public hearing. The former state senator has been named chairman of the panel that regulates

Feds Reportedly Seize Millions in Cash, Assets From Gambler’s Florida Home

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Law enforcement agents have issued details about a raid on the home of high-profile sports gambler Clarence “Gary” Austin in Plantation, Fla. Reports state that police seized almost $4.3 million in cash, 61 gold bars, five luxury cars, and a Miami Heat championship ring. Austin is pictured with his daughter (right) on her wedding day

Arkansas Casinos See Slump in June Gaming Wins

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Arkansas’ three casinos won money in June, but less than the previous month. Casino winnings were lower in every category, including sports betting, table games, and “terminals,” such as slot machines.  A jockey celebrates during the end of a race at the historic Oaklawn horse track in Hot Springs, Ark. Oaklawn and the state’s other

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