Carter Floyd 
In its first month of operation, Colorado earned a remarkable $25.5 million in sports betting revenue—a staggering total given ongoing COVID-19 restrictions. Colorado has very few restrictions on sports betting operators and low barriers to entry, which should help it quickly develop into one of … Read more
Roundhill Investments launched a new exchanged-trade fund for online sports betting and casino gaming—called BETZ. Roundhill launched an e-sports ETF (NERD) in 2019 that has seen healthy growth. ETFs are a great investment opportunity that consolidates many different assets to mitigate risks. Both BETZ and … Read more
Biden now has shorter betting odds (-110) to win the 2020 Presidential election than incumbent President Donald Trump (+100). Bettors can also wager on whether or not Trump will unveil President Obama’s White House portrait; oddsmakers heavily favor him not to unveil it (-1000). Biden’s … Read more
International Game Technology PLC (IGT) has announced extensions and expansions of its lottery deals with Missouri, Virginia and Tennessee. IGT will also be rolling out an improved online sportsbook for Rhode Island. These developments could signal that IGT is primed for a surge in stock … Read more
Playtech, a top gambling software company, has received a transactional waiver that gives them the approval to enter the New Jersey online sports betting and casino markets. Playtech will initially be partnered with bet365 and Hard Rock Atlantic City but plans to expand to more … Read more
Nevada redacted online sports betting and poker revenues from its April gaming revenue report. This was done in accordance with a state law protecting the privacy of individual companies’ finances—World Series of Poker was the only online poker company to report revenue. Total online gaming … Read more
California is now facing a $50 billion budget deficit because of the economic effects of COVID-19 and is looking at legalizing sports betting to help offset the damage. Legislators have finally set operating conditions for the existing sports betting bills, although they still must be … Read more
The New South Wales Police have arrested two men in connection to an alleged illegal betting scheme for the National Rugby League’s (NRL) Dally M Medal, which recognizes the league’s top coach. These men run a sports technology company that is contracted with the NRL … Read more
DraftKings appears primed for continued growth despite the disruptions caused by the ongoing Coronavirus pandemic. In 2020 and 2021, the company is focusing on expanding its live betting options and its consumers’ awareness of live betting. The company has also begun exploring an acquisition of … Read more
The Swedish government is proposing a €500 (~$550) limit on weekly online casino deposits and a €100 (~$110) limit on deposit bonuses, but these restrictions might not apply to sports and horse betting. This proposal is an attempt to reduce problem gambling behavior during the … Read more
Five states have reported their April sports betting figures: Indiana, Iowa, New Jersey, Pennsylvania, and West Virginia. In the five states, sports betting revenues are down almost 80% from what they were in February, and handle is down almost 90%. These states only handled $130.5 … Read more
Maine has now authorized online horse betting for local, national, and international races. Bets will be hosted via a website called HollywoodRaces.com Maine’s racing season was delayed by COVID-19 but could resume without spectators soon, as many other states have done. The legalization of horse … Read more