INSIDER
States bet on boosting taxes for online sports betting companies like DraftKings, FanDuel
Read full article: States bet on boosting taxes for online sports betting companies like DraftKings, FanDuelStates are looking to increase their take from the $16 billion online sports gambling industry as it expands across the country with big partnerships.
DraftKings apologizes for sports betting offer referencing 9/11 terror attacks
Read full article: DraftKings apologizes for sports betting offer referencing 9/11 terror attacksSports betting company DraftKings has apologized after using the Sept. 11, 2001, terror attacks to entice people to bet on baseball and football games.
Online betting begins in sports-crazed Massachusetts
Read full article: Online betting begins in sports-crazed MassachusettsMassachusetts sports fans raced to their cell phones Friday to begin placing bets as the state allowed online sports wagering just days ahead of tipoff of the NCAA Tournament next week.
NFL inks sports bet deals with Caesars, FanDuel, DraftKings
Read full article: NFL inks sports bet deals with Caesars, FanDuel, DraftKingsOnce one of the staunchest opponents of allowing people to legally bet on its games, the National Football League has reached deals with three gambling companies to become official sports betting partners.
DraftKings buys VSiN sports betting video broadcast company
Read full article: DraftKings buys VSiN sports betting video broadcast company(AP Photo/Wayne Parry)DraftKings has bought Vegas Sports Information Network, a multiplatform broadcast and content company delivering sports betting news, analysis and data to U.S. customers, DraftKings announced Tuesday. The acquisition provides more content for DraftKings, which has retail or online sports betting operations in 14 states. AdVSiN, based in Las Vegas, develops, produces, and distributes up to 18 hours of live sports betting content each day. In addition to its 24/7 stream, VSiNโs original content is accessible through multiple video and audio channels. Its talent roster includes Brent Musburger, the sports broadcaster; and former NFL executive Michael Lombardi.
Plenty of overhead in this market: Betting on drone races
Read full article: Plenty of overhead in this market: Betting on drone racesA major sports book is taking bets on aerial drone races. DraftKings said Friday it is taking bets for this weekend's championship of the Drone Racing League, in which pilots fly aerial drones in races. Betting on the league's drone races is legal in Colorado, New Hampshire, New Jersey, Tennessee and West Virginia, with regulatory approvals pending in additional states. It offered free-to-play contests on drone races last year to gauge interest in the activity, and the response was 30% higher than usual for a new sport introduced to the betting platform. The drone league is a privately owned New York company founded in 2015.
Asian shares gain on stimulus hopes, Trump leaving hospital
Read full article: Asian shares gain on stimulus hopes, Trump leaving hospitalA woman walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, Oct. 6, 2020. Shares rose in Tokyo, Hong Kong and Seoul. Treasury yields and oil all rose after Trump and House Speaker Nancy Pelosi both noted the importance over the weekend of additional support for the economy. Japan's Nikkei 225 climbed 0.5% to 23,425.91 and the Hang Seng in Hong Kong jumped 0.7% to 23,922.38. A stand-alone bill for airlines failed to advance in the House on Friday, but hopes remain for a larger effort.