DraftKings Fined By The NJ Division Of Gaming Enforcement

DraftKings Fined!

DraftKings has been hit with a $10,000 fine by the New Jersey Division of Gaming Enforcement (DGE). This stems from a self-exclusion violation. DraftKings allegedly sent promotional mailings to 11 self-excluded patrons which is against the New Jersey sports betting regulations. TRENTON, N.J. – Popular … Read more

The Best Darkhorse Picks When Betting On The 2021 Masters

Jon Rahm

Dustin Johnson has +900 short odds to win the Masters 2021 Golf. Jon Rahm’s +1200 longshot odds are appealing. Patrick Reed has +1800 long odds to win the Masters. AUGUSTA, Ga. – There is a lot of action being placed n who will win the … Read more

Fox Files Lawsuit Against Flutter Over Disputed FanDuel Stake

FanDuel - FOX - Flutter

Fox Corporation has filed a lawsuit against Flutter Entertainment. The lawsuit stems from an earlier agreement between the companies that promise Fox a stake in FanDuel at a specific cost. Flutter argues that Fox should pay a fair market price. NEW YORK – Fox Corporation … Read more

FanDuel Group Partners With Detroit Tigers/Detroit Red Wings

Detroit Redwings

FanDuel Group enters a new collaboration agreement with MotorCity Casino. This allowed FanDuel SPortsbook to be official gaming partners of the Detroit Red Wings and Detroit Tigers. The sportsbook now gains exclusive access to team data and marks. DETROIT – FanDuel Sportsbook and MotorCity Casino … Read more

LSB Feature: What Sports Bettors Should Know This Tax Season

IRS

All sports betting wins are considered taxable income and should be claimed on sports bettors’ taxes. The Internal Revenue Service (IRS) requires taxes to be filed if players earn $600 or more. Sports betting fans are able to deduct losses, but only to the amount … Read more

Colorado Sports Betting Sees Slight Decreases In February

Mardi Gras Casino - Colorado Sportsbook

Colorado saw $266.5 million wagered on sports in February. Sportsbooks collected $10.4 million in gross gaming revenue. The state saw $322,277 in tax revenue. DENVER – Colorado’s constant growth month over a month has finally stopped, with February seeing slight losses in betting handle and … Read more

Early Final Four Betting Preview: Baylor, Gonzaga Favored

Baylor - Gonzaga

The Baylor Bears are favored at -210 to beat the Houston Cougars in the Final Four. The UCLA Bruins have +700 longshot odds to beat the Gonzaga Bulldogs. UCLA has pulled the upset in their last two games. INDIANAPOLIS – The March Madness Tournament is … Read more

Elite 8 Betting Splits For UCLA vs. Michigan, Gonzaga vs. USC

March Madness

A total of 75% of betting fans placing action on the totals for the UCLA Bruins vs. the Michigan Wolverines are betting on the Over. Given the Gonzaga Bulldogs’ record, 68% of wagers and 67% of the total betting handle is being placed on them … Read more

Is Tom Brady Rhode Island Sports Betting’s Biggest Liability?

Tom Brady - Rhode Island Sportsbooks

Rhode Island sportsbooks saw a decline in sports betting revenue in February. Tom Brady used to play for the New England Patriots and garnered many fans in Rhode Island during his tenure. Fans betting on Tom Brady and the Tampa Bay Buccaneers to win the … Read more

LSB Feature: SPAC’s Influence In The Legal Sports Betting World

Wall Street Bull

Sportsbooks like DraftKings have gone public. Flutter Entertainment is considering making FanDuel its own company and making it go public. Diamond Eagle is looking to invest in sports betting company theScore. NEW YORK – The legal sports betting market has continued to bloom and more investment … Read more

Odds Favor Lorena González For Next Elected Seattle Mayor 2021

Loren Gonzalez

Lorena González has -140 short odds to win the 2021 Seattle Mayoral Election. Colleen Echohawk has the second shortest odds at +275. Bruce Harrell has +300 longshot odds to win. SEATTLE – The race for the next Seattle mayor has sportsbooks heating up. Seattle City … Read more

Best Betting Odds For Day One Of The Sweet Sixteen

Oregon State Basketball

The Villanova Wildcats are +265 underdogs to beat the Baylor Bears. The Oregon State Beavers have +230 longshot odds to beat the Loyola Chicago Ramblers. The Mississippi State Bulldogs are -1.5 favorites over the Louisiana Tech Bulldogs. INDIANAPOLIS – March Madness betting continues as sports … Read more