Category: Sports Betting & Gaming News

iBET ETF Insights: Chinese stocks rallied after Beijing and Shenzhen said they would lift measures that required commuters to show negative Covid test results before travel. China gaming is being pressued by growth in both Malaysia and the Philippines. Wynn Macau, MGM China and Sands China all saw significant gains. Stocks Impacted: MGM, LVS, WYNN, […]

iBET ETF Insights: Massachusetts has just made a step in the right direction for sports betting with the announcement that the Encore Boston Harbor Casino has been given approval for the first sports betting license. The vote was approved last Thursday by the Massachusetts Gaming Commission after deferring a few other votes such as Plainridge […]

iBET ETF Insights: Illinois has just released their revenue report for October showing record breaking revenue for the state. The official numbers released by the Illinois Gaming Board show that the licensed sportsbooks recorded revenue of over $102 million with bettors placing over $1 billion in bets during the month. This makes Illinois the fourth […]

iBET ETF Insights: As of now Nevada is looking on pace to not only break but shatter their 2021 gaming revenue record and they could do it in only eleven months. The month of October set the milestone for Nevada’s 20th consecutive month with over $1 billion in state gaming revenue. In just the first […]

iBET ETF Insights: A new partnership between two industry giants has just been announced. The deal marks a multi-year partnership between DraftKings and Churchill Downs for pari-mutual wagering on its famed horse racing. The details show that DraftKings will move forward with the launch of DK Horse, a new standalone app that will allow its […]