Carter Floyd 
The Illinois Supreme Court ruled on April 16 that some daily fantasy sports games are legal under state law, as they are games of skill rather than chance. This decision overrules a previous opinion by the former Illinois Attorney General in 2015, which classified all … Read more
The New England Patriots received four compensatory picks in the 2020 NFL Draft after losing many key players in free agency. The compensatory pick system is designed to help teams being decimated by free agency losses. These extra picks could improve the Patriots’ odds of … Read more
Churchill Downs will hold a virtual Kentucky Derby to raise money for COVID-19 relief on May 2. The virtual derby will put all 13 past Triple Crown winners against each other. There are no betting lines for this virtual derby yet but expect some to … Read more
Bovada is now offering prop bets on the exact order of the first three players selected in the NFL draft, as well as the first three running backs and first three receivers selected. Bets on the exact order of something as unpredictable as the NFL … Read more
Former XFL commissioner Oliver Luck is suing league owner Vince McMahon for wrongful termination. Luck was laid off with most of the XFL’s staff in early April because of the COVID-19 pandemic. For his role as commissioner, Luck signed a contract worth $20 million guaranteed … Read more
Bettors can now wager on the final margin of victory in the electoral college for the 2020 presidential election. COVID-19 has made this election difficult to predict, but correctly picking the margin of victory could be massively profitable. Although the Republican Party is still the … Read more
Delaware registered a $3.1 million (45%) decrease in sports betting handle, while revenues increased by $400,000 (257%). The $3.9 million in total handle was the lowest monthly total in Delaware’s 21-month history of legal sports betting. With no mobile sports betting, Delaware won’t see a … Read more
Pennsylvania sports betting revenue increase from $4.7 million to $6.9 million from February to March. At the same time, handle decreased by over 60%, down to just $131.3 million. The financial future of sportsbooks across the country, including Pennsylvania, is in doubt as COVID-19 will … Read more
New Jersey’s total March sports betting handle decreased 51.2% and its revenues decreased 58.4% from 2019. The nationwide shutdowns caused by COVID-19 severely impacted the bottom line for New Jersey sportsbooks, especially after a disappointing February. There is no reliable timeline for the safe return … Read more
Virginia Gov. Ralph Northam sent recent sports betting bills back to the state Legislature with proposed amendments that would increase licensing fees for sportsbooks. The most impactful change would require a $50,000 background check fee for all “principals” of a sports betting operator—this could cost … Read more
Both Venezuela and Israel could experience a change in leadership prior to 2021. Venezuelan President Nicolas Maduro (-260) and Israeli Prime Minister Benjamin Netanyahu (-230) are favored to retain their respective offices, but not by an overwhelming margin. Maduro could be pressured to step down … Read more
Vermont Senator Bernie Sanders has announced the immediate suspension of his presidential campaign, leaving former Vice President Joe Biden as the presumptive Democratic nominee. Biden (+125) is a slight underdog against incumbent President Donald Trump (-110) for the general election in November. The sociopolitical situation … Read more