DraftKings Goes Public On Nasdaq Stock Exchange

NASDAQ - DraftKings

DraftKings is now on the Nasdaq Stock Exchange under the abbreviation DKNGW. The company became the first of its kind to reach the market floor on Friday. BOSTON – DraftKings has made it to the floor of the Wall Street Stock Exchange after officially merging … Read more

Sports Betting License Applications Now Being Accepted In Tennessee

Tennessee Sports Betting

Sports betting was made legal in Tennessee in May 2019 and nearly a year later, applications are being accepted for mobile sportsbooks. The launch of mobile sports betting platforms in Tennessee could happen as early as July 2020. MEMPHIS – Last week, The Tennessee Education … Read more

Mel Kiper Jr, Todd McShay Bet $5,000 On Jordan Love’s Draft Status

Todd Mcshay bet Mel Kiper Jr

Sportsbooks have listed a number of bets for the 2020 NFL Draft for sports bettors to participate in. Two ESPN NFL Drafts experts have made a wager between one another for $5000 over which quarterback will be drafted third. NEW YORK – Todd McShay and … Read more

DraftKings Sportsbook Settles Lawsuit From 2019 For $102K

DraftKings Lawsuit

DraftKings Sportsbook settled a lawsuit in New York for $102,000 stemming from their 2019 Sports Betting National Championship. The sports betting operator was accused of not handling the event correctly. Players that had to pay $10,000 entry fees to participate then lose out on potential … Read more

Virginia Sports Betting Bill Amendments Passed In House & Senate

Gov. Ralph Northam - VA Capitol

Governor Ralph Northam requested various amendments to bills centering around legalizing sports betting in Virginia. Special sessions took place on Wednesday to discuss and vote on the amendments requested by the Governor where all were passed. Governor Northam will have until May 28 to either … Read more

NFL Draft Odds For Trades Could Be Affected By Virtual Format

John Elway

The NFL will hold its first Virtual Draft due to the Coronavirus pandemic. Bets are up on sportsbooks about possible timing issues as General Managers like John Elway are worried about the constraints. Odds for whether or not a team will get a pick in … Read more

The Sooner The Better, Oklahoma Sports Betting Approved

Oklahoma Governor Kevin Stitt

Two new Oklahoma Tribal-Gaming Compacts have been signed enabling legal sports betting in the state. The Otoe-Missouria and Comanche Nation Tribes both signed new compacts to begin offering retail and mobile gambling on sporting events in Oklahoma. Everything but Oklahoma college teams and collegiate sporting … Read more

Newgioco Is First Virtual Sports Betting Provider In Colombia

Newgioco

Colombia has lost its online sports betting market almost entirely due to the Coronavirus pandemic. Newgioco will be offering virtual sports betting for the people in Colombia to wager on through internet platforms. BOGOTA, Colombia – Sports betting and iGaming operator Newgioco has entered Colombia’s … Read more

PA Sports Betting Bill Reallocates Revenue To Property Tax Relief

Senator Doug Mastriano

A new bill, PA SB 1117 would use all sports betting revenue in Pennsylvania to help with property taxes while the commonwealth is shut down due to COVID-19. The gambling on sporting events market in Pennsylvania has seen much lower revenue numbers than usual due … Read more

Virtual NFL Draft Sees Odds Up For Technical Difficulties

NFL Draft Glitches

The NFL Draft will be held from April 23-25 and it will all be done with the use of technology. This will be the first Draft in NFL history that will be done online and sportsbooks believe that the enormous event will experience technical difficulties. … Read more