
Bill King
Senior Writer at Sports Business Journal
Senior Writer at Sports Business Journal. Now immersed in the emerging story of US sports betting. Reader, writer, occasional 'rithmeticker. Husband and Dad.
Articles
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1 week ago |
sportsbusinessjournal.com | Bill King
The seasonal decline that will carry through summer begins with April, which is tracking 15% behind March. The more important number to watch is year-on-year, which is up 7% in the 26 states that have reported thus far. That includes an 11% year-on-year drop in North Carolina, which is compared to the month after its March 2022 launch.
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1 week ago |
sportsbusinessjournal.com | Bill King
The overlay down the right side of MLB games streaming on iOS versions of the FanDuel Sports Network (FDSN) app includes the sort of icons you’d expect from a product designed for interactivity. A tap on a bat and ball reveals pitch speed and location, similar to a gamecast. Two crossed bats take the user to a play-by-play page. Head-and-shoulders silhouettes, dhown side-by-side, connect to lineups with stats for each player. A medal delivers league standings.
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3 weeks ago |
sportsbusinessjournal.com | Bill King
Early numbers are in for April sports betting handles. While month-over-month figures are reflective of the end of March Madness, most states look to be up from the same period last year.
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3 weeks ago |
sportsbusinessjournal.com | Bill King
Not surprisingly, both DraftKings and FanDuel fielded questions on Q1 calls about the impact of prediction market exchange Kalshi, which continues to expand its menu to offer contracts on events across sports. DraftKings CEO Jason Robins said Kalshi’s growth, and the buzz surrounding it, has gotten the attention of lawmakers in states that have not yet legalized sports betting. “It’s definitely something that [state legislators] are talking about,” Robins said.
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3 weeks ago |
sportsbusinessjournal.com | Bill King
Hold -- the betting industry term for the money sportsbooks are left with after paying out winnings -- was the common topic in Q1 earnings calls of late, as leading operators pointed to the unprecedented success of higher seeds during March Madness. All No. 1 seeds made the men’s Final Four for only the second time since the NCAA began seeding teams in 1979. It was the first time that seven of the teams in the Elite 8 were seeded first or second.
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