MLB Set To Begin 60-Game Season In Late July, Odds Don’t Change

MLB Return

The MLB Players Union and owners have agreed to a 60-game regular season beginning around July 24. Players will report for a shortened spring training beginning on July 1. The agreement came after months of tense negotiations and mountain uncertainty of whether or not a … Read more

Brazil Moves To Privatize Sports Betting After COVID-19

Brazilian Sports Fan

Brazilian President Jair Bolsonaro is set to grant final approval on a plan to transfer control of the sports betting industry from the public sector to private operators. This plan is likely a result of Brazil’s need to cut government spending in the wake of … Read more

Federal Judge Declines To Rule On OK Sports Betting Compacts

Oklahoma Governor Kevin Sitt

Oklahoma District Judge Timothy DeGiusti declined to issue a legal opinion on Governor Kevin Stitt’s decision to unilaterally negotiate new gaming compacts with the Otoe-Missouria and Comanche tribes. These new compacts legalized sports betting for the two tribes, but were met with stiff opposition from … Read more

Kamala Harris VP Betting Odds Surge After Juneteenth Comments

Kamala Harris

California Senator Kamala Harris is still the heavy frontrunner to earn the nod as Democratic presidential nominee Joe Biden’s vice president. Harris’s odds (+100) surged after Minnesota Senator Amy Klobuchar withdrew from consideration. Many, including Klobuchar, have called for Biden to nominate a black woman … Read more

Court Of Appeals Hears Wire Act Appeal From Department Of Justice

Gavel

The U.S. Court of Appeals of the First Circuit is now hearing an appeal from the Department of Justice on the case of New Hampshire Lottery Commission, et al v. Barr, et al. The case will determine the scope of the Wire Act and whether … Read more

Sports Leagues Seek Dismissal Of $150 Million Claim From PASPA Case

NFL Commissioner Roger Goodell

The four major North American professional sports leagues filed to dismiss a $150 million legal claim by the New Jersey Thoroughbred Horsemen’s Association (NJTHA) on Monday. Their claim is predicated on the fact that the leagues were responsible for an injunction on legal New Jersey … Read more

Pennsylvania Sports Betting Revenues Are Slowly Stabilizing

Valley Forge FanDuel

Pennsylvania handled $74.8 million in sports wagers and earned $4.8 million in revenue in May—both sizable increases. Pennsylvania casinos are beginning to reopen in June, which could help sports betting revenues increase even more. The odds the Pennsylvania sports betting industry takes months to fully … Read more

What The Broncos New Sports Betting Partnership Means For The NFL

FanDuel - Denver Broncos

The Denver Broncos and FanDuel have signed the NFL’s first sports betting partnership. Colorado is quickly becoming a hotbed of online sports betting in the United States, so this move could help FanDuel establish a foothold as the state’s premier provider. Other NFL teams have … Read more

UFC 251 At Yas Island Features Major UFC Betting Action

UFC Fight Island

The UFC has announced that Fight Island will be hosted on Yas Island off the coast of the United Arab Emirates. UFC 251 will be the premier event on Fight Island, set to take place on July 11. UFC 251 will feature three title bouts … Read more

Indiana Sports Betting Revenue Shows Signs Of Recovery

Indiana Sports Betting

Indiana recorded $37.4 million in total sports betting handle in May and $3.2 million in revenue—a hold rate of 8.5%. Handle increased 42% from April and revenue increased 104%. Indiana sportsbooks appear to be on the road to recovery, but they won’t return to pre-pandemic … Read more

Federal Government Approves New Tribal Gaming Compacts In OK

Oklahoma Tribal Compact

Oklahoma signed new gaming compacts with two tribes back in April, but they were just approved this week after a 45-day review from the Department of the Interior. These new gaming compacts would allow for sports betting at all of these tribes’ casinos. Prominent political … Read more