Fanatics
Fanatics Sportsbook Launches Today in Iowa
Sportsbook at Catfish Bend Casino to Rebrand to Fanatics Sportsbook
Fanatics Betting and Gaming, a subsidiary of Fanatics Holdings Inc, a global digital sports platform, launched the Fanatics Sportsbook in Iowa. Sports fans living in and visiting Iowa will be able to download the Fanatics Sportsbook on iOS and Android and begin their Fanatics Sportsbook experience. Iowa marks the twelfth state for the Fanatics Sportsbook.
In August 2023, Fanatics Betting and Gaming began acquiring the U.S. Businesses of PointsBet and planning the migration of PointsBet customers to the Fanatics Sportsbook app. Today in Iowa only, each PointsBet customer’s username, password, account balance, rewards points and responsible gaming settings will be automatically migrated to the Fanatics Sportsbook.
The Fanatics Sportsbook makes being a fan easy with fast signup, easy betting, transparent withdrawals and is disrupting the sports betting industry with the following new features:
- Building a better sportsbook: The Fanatics Sportsbook app was built natively on iOS and Android. The design, speed and quality of the navigation experience rival the sports betting apps in the market today that were not built specifically for iOS and Android.
- FanCash: The Fanatics Sportsbook is the only sportsbook that gives customers up to 5% of your wager back in FanCash. Every dollar of FanCash is a dollar to spend on bonus bets or Fanatics.com.
- Earn 5% FanCash on Same Game Parlay (SGP) bets.
- Earn 3% FanCash on parlay bets.
- Earn 1% FanCash on straight bets and odds boosts.
- Discover: Everything a customer cares about, including marquee games, key stats, trending bets, delivered straight to one location – the Discover feed.
- Search: The Fanatics Sportsbook offers industry-leading search functionality, including a search bar, recent searches, autocomplete, synonym/alias and deep linking. Customers can search easily for the bet they want and bet directly right from the search results.
The retail sportsbook at Catfish Bend Casino in Burlington, Iowa will begin the process of undergoing a name and management change from PointsBet to Fanatics Sportsbook. In the coming weeks, Fanatics Betting and Gaming will install new self-service betting kiosks from Suzohapp to better serve customers. The new look Fanatics Sportsbook at Catfish Bend Casino will continue to be an upscale lounge and the place to watch the game in comfort with a multiscreen video and odds display wall, a sports bar and slot machines.
Fanatics Betting and Gaming believes that responsible gaming is a core tenet and a part of the organization’s DNA. Online customers will have access to Responsible Gaming tools to manage their time and money alongside a best in class Help Center, chat experience and knowledgeable agents with 24/7 coverage.
Ari Borod Chief Business Officer
Fanatics Sportsbook & Washington Spirit Launch Groundbreaking Partnership For Market Access in Washington, D.C.
The most rewarding sportsbook is coming to Washington, D.C. on September 12 with an assist from the Washington Spirit, the premier professional women’s soccer team based in Washington, D.C. Fanatics Betting and Gaming has entered into a partnership agreement to become the team’s Official Sports Betting Partner and secure market access for its online sports betting platform.
This is Fanatics Sportsbook’s first team sponsorship deal with a professional women’s sports organization. The Washington Spirit is an inaugural member of the NWSL and home to some of the best players in the world who have won championships for both club and country. Currently in second place in the NWSL, the Spirit features numerous gold medalists, global award nominees, league champions and rising stars.
“As we continue to build out our sports betting business, we are excited to partner with the Washington Spirit,” said Ari Borod, Chief Business Officer, Fanatics Betting and Gaming. “We will look to grow the Fanatics Sportsbook alongside the growing popularity of women’s soccer and women’s sports generally across the country.”
“We’re excited to announce our groundbreaking partnership with Fanatics Sportsbook,” said Washington Spirit CEO Kim Stone. “This is another indication of the momentum surrounding the Spirit and women’s sports. This collaboration gives us the chance to enter the sports betting space with a trusted brand, all while staying true to our commitment to integrity, empowering women, and creating great experiences for our fans.”
The partnership includes marketing assets such as in-stadium signage, digital marketing, Audi Field activations for soccer fans, and many other opportunities for Spirit fans and ticket holders to engage with Fanatics Sportsbook. Sports fans living in and visiting Washington, D.C. can now download the app on iOS and Android and begin their Fanatics Sportsbook experience. Fanatics Sportsbook is now 10x more rewarding than the leading sportsbooks* and has introduced some exciting product upgrades, including:
Building a better sportsbook: The design, speed and quality of the navigation experience rival the sports betting apps in the market today that were not built specifically for iOS and Android. For customers in Maryland and Virginia, a connected wallet will no longer interrupt service while in the District.
Responsible Gaming – Fanatics Sportsbook offers customers responsible gaming tools and has partnered with Birches Health Platform to provide online treatment for customers looking to manage their play.
FanCash: Customers can now earn up to 10% FanCash back on their bets, win or lose. The bigger the odds, the bigger the FanCash rewards to spend on jerseys, hats, Bonus Bets, and more.**
Discover: Get everything a customer cares about including marquee games, key stats and trending bets delivered straight to the Discover feed.
Search: Find promos, bets, and trending topics all from the advanced search functionality. Bet directly from the search results and spend time enjoying the game, not looking for a bet.
Soccer: The top professional soccer leagues, including the NWSL, are available on the Fanatics Sportsbook.
Your New Home for Parlays: Fanatics Sportsbook recently introduced the largest expansion of parlay offerings and customers can cash out live.
Betr
SuperBook Shuts Down Online Betting Operations in Eight States
SuperBook Sports has announced that they will no longer accept bets or deposits in Arizona, Colorado, Iowa, New Jersey, Tennessee, Ohio, Maryland, and Virginia. SuperBook was licensed for online operation in those eight states.
“We regret to inform you that SuperBook Sports will no longer be accepting wagers, deposits or new accounts in Colorado, New Jersey, Arizona, Tennessee, Ohio, Iowa, Maryland and Virginia effective July 19, 2024 at 8:00 pm ET,” a statement released by SuperBook read.
SuperBook wrote it will continue to operate at Westgate SuperBook in Nevada and bettors in Nevada will be able to access mobile betting through the Westgate SuperBook mobile app.
The SuperBook sportsbook at Westgate in Nevada is one of the most popular sportsbooks in Las Vegas. It appears they were unable to parlay the retail success into online wagering success.
In Ohio, for example, SuperBook accounted for 0.08% of the state’s total handle and 0.02% of the gross revenue from January 2024 (legalization) to May 2024.
That put SuperBook on par with Parx and Betr and a long way from some of the mid-tier sportsbooks such as Caesars, Fanatics, and ESPN BET which hold about 5% of the share.
Compliance Updates
Vermont to Launch Mobile Sports Wagering in 2024
Governor Phil Scott and Department of Liquor and Lottery Commissioner Wendy Knight announced that online sports wagering will launch in Vermont on January 11, 2024. Through a competitive bid process, the Department of Liquor and Lottery selected DraftKings, FanDuel, and Fanatics Sportsbook to operate mobile sports wagering platforms in Vermont.
“I first proposed Vermont legalize sports wagering several years ago, and it’s good to see it come to fruition. Vermonters and visitors alike will soon be able to access a regulated sports wagering marketplace, which will come with important consumer protections and generate revenue for the State,” said Governor Scott.
In June, Governor Scott signed a bill legalizing online sports wagering and authorizing the Department of Liquor and Lottery to contract with operators to conduct a sportsbook through a mobile platform in Vermont. The bill also provides additional resources to enhance the State’s responsible gaming services. The State will receive a percentage of each operator’s Adjusted Gross Sports Wagering Revenue, in addition to an operator fee. The new online sportsbook operation is expected to bring in up to seven million dollars in new revenue to the State during the first full year of operations.
“We are excited to offer sports enthusiasts the ability to engage in sports wagering in Vermont with three of the industry’s top companies,” said Commissioner Knight.
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