News and Analysis
West Virginia Looking to Legalize Esports
West Virginia's House of Representatives is considering HB 4826. If enacted, this bill would extend WV's legal sports betting market to incorporate esports. The bill defines esports as "electronic sports or competitive video games played as a game of skill for spectators." If passed, WV will join NJ and Nevada as the only legal esports betting states.
Find out more about gambling in West Virginia via our complete state guide, Online casinos in WV.
Rush Street Signs New Multi-State Agreement with Penn National
Rush Street Interactive has signed a strategic partnership with Penn National, which will see the company provide its iconic BetRivers sports platform in Ohio, Maryland, and Missouri for up to 20 years (subject to regulatory approval).
Here's what RSI president Richard Schwartz had to say of the deal:
"We are pleased to gain potential market access to three new states as we continue the execution of our strategy to gain access and bring our best-in-class online gaming offerings to key markets across the United States...The addition of Ohio, Maryland, and Missouri to our market access portfolio, specifically, builds on RSI's success in neighboring states and will create enhanced marketing efficiencies for our BetRivers.com brand."
Caesars to Cut Advertising Spending
Caesars Casino has this week confirmed that they'd be drastically cutting back media spending after an advertising-heavy 2021. Rather than this being a sign of revenue issues, in the case of Caesars, it's a story of success, as the company has become one of the most popular choices with US online gamblers and has seen revenue growth of over 168% in 2021.
Pennsylvania Hits Record-High Gaming Figures
PA figures for January are in, and the state is reporting total gaming revenue of $393.1m (26% increase YoY for Jan) and an all-time high for iGaming. The most popular online sites in revenue were Hollywood Casino, DraftKings, BeRivers, and FanDuel.
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