Gambling Industry Update

ESPN Bet Launches in New York

ESPN Bet has officially entered the New York sports betting market, following a soft launch that began on September 27, 2024. The entry of ESPN Bet, powered by PENN Entertainment, introduces a new heavyweight contender into one of the nation’s largest sports betting arenas. This expansion positions ESPN Bet alongside major industry players like DraftKings Read More...

Bet365 Chooses Denver for New U.S. Headquarters, Bringing Nearly 1,000 Jobs

Bet365, a global leader in the sports betting industry, has announced Denver, Colorado, as the site for its new U.S. headquarters. This move is expected to create nearly 1,000 jobs in the region, further solidifying Colorado’s role as a hub for the rapidly growing sports betting market. The headquarters will serve as a key operational Read More...

BetMGM Named Official Bullpen Sponsor for 2024 MLB Playoffs

BetMGM has expanded its partnership with Major League Baseball (MLB) by becoming the official sponsor of the bullpen for the 2024 MLB playoffs. This strategic move will place BetMGM’s branding front and center in every stadium bullpen throughout the postseason, increasing visibility during high-stakes moments of the games. As part of this promotion, BetMGM has Read More...

Hochul Signs New Law Mandating Warnings on Sports Betting Ads in N.Y.

In a significant step toward promoting responsible gambling, New York Governor Kathy Hochul signed new legislation requiring all mobile gambling and sports betting advertisements to include clear warnings about the risks of addiction. The bill, officially designated as S1550/A1118, aims to raise public awareness of problem gambling and ensure that bettors have access to support Read More...