Is Legal Bitcoin Sports Betting Coming Soon to a Sportsbook Near You?

Is Legal Bitcoin Sports Betting Coming Soon to a Sportsbook Near You?

Bitcoin has been the domain of illegal offshore sportsbooks and gambling sites for quite some time now in a post-UIGEA world, but a patent recently acquired by International Game Technology (IGT) has brought cryptocurrency one step closer to mainstream adoption in the regulated gambling market.

Belle of Baton Rouge Sale Presents Opportunity for DraftKings

Belle of Baton Rouge Sale Presents Opportunity for DraftKings

Last week, Caesars Entertainment announced the sale of the Belle of Baton Rouge to CQ Holding Company, Inc (Casino Queen). A Caesars press release did not disclose the deal’s financial terms but stated it should close in mid-2021. The news sounds like a minor organization shuffle among small regional casinos, but it could have larger…

FanDuel to Rebrand and Revitalize Fairmount Park Racetrack

FanDuel to Rebrand and Revitalize Fairmount Park Racetrack

On Monday, FanDuel Group announced plans to make “a multi-million-dollar” investment into Fairmount Park Racetrack in Collinsville, Illinois. In a press release, FanDuel Group said its plans include revitalizing the track, introducing new horse racing events, constructing a retail sportsbook at the track, and rebranding the venue as FanDuel Sportsbook and Horse Racing.

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