Daily Archives: November 15, 2023

Detroit casinos hit by strikes as revenue slips to $82.8m in October

Revenue from the three commercial casinos in Detroit declined to $82.8m (£66.5m/€76.2m) in October as venues in Michigan felt the impact of ongoing strikes.

Some Detroit casino workers have been on strike since 17 October. This has led to the partial closures of casinos with certain facilities not being available for almost a month.

This inevitably hit monthly performance during October, with revenue down 19.5% from $102.8m last year. The October figure was also 18.5% lower than the $101.6m posted in September this year.

Breaking this down, Detroit tables games revenue amounted to $81.7m, down 18.9% year-on-year. The total was also 18.3% behind September’s total.

The other $1.1m was attributed to sports betting qualified adjusted gross receipts (QAGR), a drop of 46.3% from 2022. Sports betting QAGR was also 28.6% lower than September.

In terms of sports betting handle, Detroit consumers spent $18.1m wagering at casinos in October. This was a sharp drop from $34.2m in the same mon..

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FanDuel and Genius Sports launch NFL BetVision streaming solution

FanDuel Group and Genius Sports have further expanded their existing partnership with the launch of a new streaming solution, NFL BetVision.

Focused on the National Football League (NFL), FanDuel and Genius say NFL BetVision is designed to improve the live betting experience.

Incorporating BetVision into the FanDuel Sportsbook will allow fans to watch select NFL games inside the app. FanDuel will also be able to add other features such as integrated odds, real-game stats and graphic overlays.

In addition, Genius will continue to provide FanDuel with access to NFL Next Gen Stats (NGS) and the league’s official sports betting data feed. Genius is the exclusive distributor of the NFL’s official league data.

Genius building on early BetVision success

The launch of NFL BetVision comes after Genius unveiled the original BetVision solution in September. BetVision was initially available on the Caesars and Fanatics Sportsbooks, with it now expanded to FanDuel as an NFL offering.

Since B..

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ESPN Bet launches across 17 US states

ESPN Bet, the newly branded online sportsbook operated by Penn Entertainment, has now officially gone live across 17 states in the US.

Players can now place bets with the sportsbook on the ESPN Bet app and website in states including Arizona, New Jersey, Pennsylvania, Massachusetts, Illinois and Ohio.

ESPN Bet is the product of Penn’s $1.5bn (£1.2bn/€1.4bn) partnership with Disney-owned ESPN, the largest sports media brand in the US.

As per the agreement, Penn will operate ESPN Bet while ESPN promotes the app across its online and broadcast platforms.

The launch details

ESPN Bet is a rebranding of existing sports betting app, Barstool Sportsbook. In August, Penn said it sold Barstool Sports back to its founder Dave Portnoy for $1.

“We are excited to announce that we plan to simultaneously launch ESPN Bet across the 17 states in which we operate online sports betting, subject to final approvals,” said Penn CEO Jay Snowden, commenting on Penn’s Q3 results.

“This strategic allia..

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