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Mobile sports betting money tempts cash-strapped states

Mobile sports betting money tempts cash-strapped states
By WAYNE PARRYApril 14, 2021 GMT
ATLANTIC CITY, N.J. (AP) States around the country are realizing what gamblers figured out long ago: The future of sports betting and tax money to be made from it is online.
But they’re also realizing that extra tax money isn’t nearly enough to turn seas of red ink into black. That was the case even before the coronavirus pandemic blew huge holes in state budgets.
Currently, 15 states plus Washington, D.C., offer mobile sports betting, and several others are considering adopting it. New York is poised to become one of the largest markets in the U.S., passing a budget last week that includes mobile sports wagering after years of opposition by Democratic Gov. Andrew Cuomo, who is expected to sign it. ....

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Mobile sports betting money tempts cash-strapped states

Mobile sports betting money tempts cash-strapped states
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

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Draftkings, thriving in the pandemic, now sees better odds of success

Draftkings, thriving in the pandemic, now sees better odds of success
bostonglobe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bostonglobe.com Daily Mail and Mail on Sunday newspapers.

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Aristocrat Gaming™ Repeats "Best Overall Supplier of Slot Content" Win at EKG Slot Awards

Aristocrat Gaming™ Repeats Best Overall Supplier of Slot Content Win at EKG Slot Awards
Aristocrat s innovations lead to nine awards
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LAS VEGAS, April 7, 2021 /PRNewswire/ Aristocrat Gaming™ was the big winner again this year in the annual EKG Slot Awards. The company repeated its win of Best Overall Supplier of Slot Content, one of nine awards Aristocrat won, more than any other supplier.
Aristocrat was also named Most Improved Supplier – Premium as well as Top Social Casino Company.
Aristocrat Gaming s(TM) Dragon Link(TM) won two top prizes in the EKG Slot Awards. Aristocrat won nine awards overall, including Best Overall Supplier of Slot Content. ....

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PropSwap Closes $2 Million Round of Funding

PropSwap Closes $2 Million Round of Funding
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LAS VEGAS, March 10, 2021 /PRNewswire/ PropSwap, Inc. - America s first and only secondary marketplace to buy and sell sports bets - closed a new round of funding this week, raising $2 Million of additional capital.
The company intends to use the funds to launch the marketplace in newly legalized states, accelerate product development, increase user acquisition efforts, and continue to partner with gaming operators around the country.
Participants of the round include: Boston-based Fama Ventures, Chris Grove (partner at Eilers & Krejcik Gaming, and investor/advisor focused on the legal U.S. sports betting and online gambling industry), David Freedman (founder of Inc. s fastest-growing company in 2019, Freestar), executives from each Airbnb and Instacart, executives in the private equity sector, along with continued follow-on investments from current inve ....

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