Carter Floyd 
NBA betting odds return to the sportsbooks Thursday with two games on TNT. The league returns with 22 teams playing in a bubble environment at the ESPN Wide World of Sports Complex at Disney World in Orlando, Florida. The NBA has a comprehensive set of … Read more
Nevada handled $78.2 million in sports wagers in June and lost $483,000 in revenue on these wagers. It was the first month where Nevada sportsbooks have lost money since July 2013. The betting handle should continue to increase in July and August as major American … Read more
The UK Gambling Commission has suspended Genesis Global’s UK gambling licenses effective immediately as it launches an investigation into a possible violation of the 2005 Gambling Act. Twelve total Genesis Global gambling sites will be suspended temporarily, although players will still be able to log … Read more
The U.S. Senate is set to hold a hearing on college sports this week discussing both name, image and likeness rights for athletes and the impact of gambling on college sports. This hearing could have a massive impact on both the financial structure of college … Read more
Major League Baseball has agreed to a deal with Malta-based Betcris to be its exclusive sports betting partner in Latin America. This is MLB’s second major sports betting partnership, as FanDuel and MLB struck a similar deal for the U.S. market last year. Baseball has … Read more
Pennsylvania sportsbooks handled $111.4 million in wagers and earned $8.6 million in revenue in June, with a hold rate of 7.5%. Handle and revenue continue to increase rapidly every month as the sports betting industry recovers from the March crash caused by the coronavirus pandemic. … Read more
Mississippi casinos were able to reopen in late May and early June, leading to the first sports betting action in months. In June, Mississippi sportsbooks handled $1.6 million in sports bets and lost $62,230, a hold rate of -3.85% Although the amount of money lost … Read more
Hall of Fame horse trainer Bob Baffert has been suspended for 15 days after two of his horses, Charlatan and Gamine, failed drug tests. Both horses tested positive for lidocaine, a numbing agent that can be used to help horses perform at their peak even … Read more
New Jersey totaled $165 million in sports betting handle and $12.6 million in revenue in June—monthly increases of 40% and 28%, respectively. Casinos began reopening in early July and major North American sports leagues are already returning to play, which should boost handle and revenue … Read more
The Big Ten and PAC-12 conferences have announced that their members will be playing exclusively conference games in Fall 2020. Other conferences will make their own decision on non-conference games in late July, but it is likely that nonconference games will either be limited or … Read more
It’s official: Colorado handled $25.5 million in wagers in May and collected $947,000 in revenue. Although the hold rate was lower than average, the total handle was the second-highest of any state in its sports betting debut month, even with the pandemic cutting into live … Read more
Indiana totaled a $29.8 million betting handle in June and collected $2.9 million in sports betting revenue. This raised $277,600 in state taxes. Handle was down 20% from May; revenue was also down 8%. It is strange to see betting handle and revenue decrease after … Read more