The in-depth reporting and industry coverage that has defined Sports Handle for years now lives on the Action Network as of this week, part of a new strategic initiative from the parent company of both, Better Collective. In an effort to serve fans of Sports Handle, we present the best of our daily coverage on Action Network, summarized below, with links to the full stories on Action:
The Vegas Sports Information Network (VSiN), a prominent sports betting media network launched by the Musburger family, named Miles Gwyn as chief operating officer Wednesday as part of a comprehensive management restructuring plan. DraftKings initially purchased VSiN for approximately $70 million in March 2021. But the sports betting heavyweight sold the network back to the Musburgers and other owners for an undisclosed sum, completing a transaction that had been rumored for months. Full story here.
Since the start of the year, DraftKings has donated just under $6 million to Winning for Missouri Education, a ballot initiative vying to legalize sports betting in the Show-Me State, while FanDuel has donated over $4 million. As for how Missourians will vote, polling results have varied wildly. Full story here.
An attempt to legalize online sports betting in Nebraska officially fell short on Tuesday with the conclusion of the state’s special legislative session. This failure wasn’t especially surprising, with Governor Jim Pillen signaling at the beginning of the special session that he planned to tackle the topic of online sports betting in early 2025. Nebraska already allows for retail sports betting. Full story here.
Overall iCasino operator winnings in Pennsylvania have surpassed $6 billion in just over five years since launch. This milestone was reached after the Keystone State totaled 174.3 million in iCasino revenue for July. Full story here.
The Michigan Gaming Control Board reported $191.4 million in gross internet casino revenue for July on Tuesday, the fifth straight month with year-over-year revenue growth surpassing $30 million. BetMGM led all online casinos in July with $50.7 million in gross winnings. It was the third straight month the MGM Grand-tethered platform was atop the revenue list, and it was also the third straight month it lengthened the gap from second-place FanDuel. Full story here.