Carter Floyd 
Michelle Obama is a trendy pick as an alternative Democratic presidential nominee, although her presidential election odds (+5000) are still much longer than a few other candidates. The main hang-up is that Obama doesn’t seem to want to return to politics. If she changes her … Read more
The New Jersey Thoroughbred Horsemen’s Association is seeking millions of dollars damages from the NCAA, MLB, NBA, NHL and NFL for preventing them from operating a sportsbook at Monmouth Park from October 2014 to May 2018. Despite legal precedent against the plaintiffs’ claims, quirks of … Read more
Major horse racing tracks across the country are beginning to reopen (without fans) after an extended hiatus caused by the Coronavirus. Betting handle on races has increased greatly over similarly timed races in 2019. This suggests that the sports betting industry could rebound from its … Read more
In April, Pennsylvania sports betting revenues reached their lowest point since May 2019. Pennsylvania’s betting handle and revenue were far lower than they’ve been in any single month since FanDuel launched its Pennsylvania sportsbook in July 2019. Relief won’t be possible until major sports leagues … Read more
With the Coronavirus racking New York and greatly depleting its budget, mobile sports betting could provide tens or hundreds of millions of dollars in economic relief. New York residents can already enjoy mobile sports betting either in New Jersey or with international online sportsbooks. The … Read more
A political action committee to raise awareness for Michelle Obama as a candidate for vice president filed with the FEC in April. Since mid-March, Obama’s odds of earning a VP nod have shortened from +1600 to +700. Former presidential candidates Kamala Harris, Amy Klobuchar and … Read more
The Supreme Court voted to overturn the Professional and Amateur Sports Protection Act (PASPA) two years ago. Since that decision, the popularity of sports betting has exploded in the United States, both in terms of participation and representation in pop culture. 23 states now have … Read more
In April, New Jersey sportsbooks experienced their lowest month of revenue ($2.6 million) ever. New Jersey also saw its second-lowest month of betting handle ($54.6 million). ATLANTIC CITY, N.J. – After a less-than-stellar take-home in a pandemic-shortened March, New Jersey sportsbooks experienced their lowest monthly … Read more
Major League Baseball owners have approved a plan for an 82-game regular season beginning in early July, along with a three-week spring training beginning in June. This new proposal would also lead to all 30 MLB teams adopting a designated hitter for the 2020 season … Read more
Indiana released its April 2020 sports betting revenue report, and unsurprisingly, handle and revenue both decreased significantly once again. While overall revenue and handle are nosediving, more Indiana bettors are betting on non-traditional sports like table tennis and MMA. The road to full financial recovery … Read more
A new bill, HF 4597, was proposed in the Minnesota Legislature to provide financial relief to horse racing tracks throughout the state. A provision to allow short-term online pari-mutuel wagering on in-state events was removed from the bill after lobbying efforts from tribal gaming groups. … Read more
Iowa recorded record lows for both sports betting handle and revenue in April. COVID-19 shut down 6 Iowa sportsbooks entirely and relegated the other 13 to online wagers only. Iowa casinos could begin reopening by mid-May, but until major American sports leagues resume, sports betting … Read more