Uneven February Revenues Must Carry Sportsbooks For A Long Time

Bankrupt Sports Betting Sites

Sports betting revenues will likely be severely reduced for at least the next several months because of the widespread sports shutdowns caused by COVID-19. U.S. sportsbooks were mostly unaffected by COVID-19 in February and managed to post $83.1 million in reported revenue during the month. … Read more

AGA CEO Not Satisfied With SBA’s Paycheck Protection Program

Bill Miller

American Gaming Association CEO Bill Miller is concerned about the ineligibility of gaming businesses for loans from the Small Business Association’s Paycheck Protection Program. Under the current guidelines, hundreds of thousands of casino and gaming industry employees will be left unprotected during the COVID-19 crisis. … Read more

GVC Holdings Will Not Pay Shareholders Second Interim Dividend

GVC Holdings

GVC Holdings, one of the world’s top gambling firms, won’t be paying its second interim dividend to its shareholders because of the COVID-19 crisis. The company will also be holding off on paying director bonuses. GVC is still in a relatively safe position financially, with … Read more

Michigan Governor’s Odds At Vice President Nomination Surge

Michigan Governor Gretchen Whitmer

Michigan Governor Gretchen Whitmer now has the third shortest odds (+600) to become the Democratic nominee for vice president. She trails only Kamala Harris (+210) and Amy Klobuchar (+300). Democratic presidential frontrunner Joe Biden confirmed on Thursday that he was considering Whitmer as one of … Read more

Odds President Trump Will Be Kicked Off Twitter Before 2022

Trump Twitter Ban

Sportsbooks are offering a prop bet on whether President Trump will be kicked off Twitter before 2022. The odds that he won’t be banned (-950) greatly outweigh the odds that he will (+525). If he gets banned from Twitter, it will likely be for violating … Read more

Bale’s Betting Odds – Completing 2,400 Push-Ups In 12 Hours?

Johnathan Bales

You can bet on whether FantasyLabs co-founder Jonathan Bales can complete 2,400 push-ups in 12 hours. Odds sit at -145 for Bales to complete the challenge and +105 for him to fail. PHILADELPHIA – On Thursday, April 2, FantasyLabs co-founder Jonathan Bales (now with the … Read more

Odds Available For President Trump’s Second Public COVID-19 Test

Does Trump Have COVID-19?

Online sportsbooks are now offering a prop bet on the result of President Trump’s second Coronavirus test. The odds greatly favor a negative result (-975) over a positive one (+525). Trump tested negative on his first Coronavirus test on March 14. Trump and members of … Read more

Cyberattack On SBTech Forces Shutdown Of Some Betting Sites

SBTech Hack

SBTech, an English online gambling firm, was forced to shut down its websites for maintenance after a cyberattack. SBTech offers web services to companies in six different U.S. states. DraftKings recently acquired SBTech, which might have provided the motivation behind this attack. The timetable for … Read more

Delaware Sportsbooks Once Again Struggle During The Super Bowl

Delaware February Sportsbook Numbers

In February 2020, Delaware handled $7 million in sports bets and earned $160,000 in sports betting revenue. This performance was a big improvement over February 2019, but a disappointment overall. Sports betting revenue in Delaware is trending down in general, and it seems that interest … Read more

What Happens To 2020 Olympics Future Bets With Postponement?

Olympics Canceled

The International Olympics Committee (IOC) and Japanese Prime Minister Shinzō Abe have agreed to postpone the 2020 Summer Olympics until 2021. Public pressure had been mounting to cancel or postpone the games. Sports bettors who placed futures bets on the 2020 Olympics will have those … Read more

Virtual Sports Betting On NBA 2K20, Madden Fills Sports Void For Now

NBA2K

Most major sports leagues around the world have been shut down, which paves the way for virtual sports betting to see a big spike in popularity. Virtual sports are generally limited to computer-generated highlights, but now there is a market for full-length games. NEW YORK … Read more

Odds For Which Political Party Will Control Senate, House Are Up

Congressional Election Odds

The Senate race is expected to be tight, with Republicans (-130) and Democrats (EVEN) both having good odds to win a majority of seats. Democrats (-275) are heavily favored to win a majority of the 435 House of Representatives seats over Republicans (+200). Republicans have … Read more