Indiana Sees Record-Breaking Betting Handle To Start The Year

Indiana Sportsbook

More than $348.2 million was bet on sports in Indiana in January. DraftKings was the most popular sportsbook. This is five consecutive months of Indiana breaking its monthly record for betting handle. INDIANAPOLIS – The Indiana sports betting market continues to see steady growth, boasting … Read more

LSB Feature: March Madness Could Return With Biggest Betting Handle Ever

March Madness

March Madness was canceled in 2020 due to the COVID-19 pandemic. Multiples states launched legal sports betting markets in 2020. Super Bowl 55 was the most wagered on Super Bowl in history. INDIANAPOLIS – This year’s March Madness Tournament has the potential to be the … Read more

West Virginia Sports Betting Handle Down To Start the Year

West Virginia Sportsbook

Sports betting handle in January for West Virginia was $50.7 million. This is a 27.7% decrease month on month. Revenue has also decreased slightly month on month. CHARLESTON, W.V. – The West Virginia sports betting market saw slight decreases in January. The overall sports betting … Read more

5Dimes Launches In Regulated Market With Isle Of Man Approval

5Dimes

5Dimes sportsbook has launched in the regulated sports betting market of Isle of Man. The sportsbook has been shut down since September of 2020 due to legal issues. The product is still unavailable in the United States. DOUGLAS, Isle of Man – Sports bettors in … Read more

Alabama Sports Betting Bill Passes, Awaits Senate Debate

Alabama Senate

A new Alabama sports betting and gambling bill was unanimously passed by the Senate Tourism Committee. The bill now moves to the full Alabama Senate for debate. The bill includes legal sports betting and would bring a market to the Yellowhammer State. MONTGOMERY, Ala. – … Read more

Illinois Lawmakers Pushing In-State College Sports Betting

Mike Zalewski

Democratic House member Michael Zalewski has put forth a potential amendment to the initial bill for legal sports betting in Illinois. This amendment would allow in-state college sporting events to be wagered on in Illinois. Current regulations prevent sportsbooks from offering odds on collegiate events … Read more

Break The Book: NBA And NHL Matchups With Major Win Potential

New York Rangers

The Dallas Mavericks have -165 short odds to beat the Atlanta Hawks. The Phoenix Suns have +155 longshot odds to beat the Milwaukee Bucks. The Boston Bruins are favored by -1.5 to beat the New York Rangers. DALLAS – Legal sports betting players have a … Read more

Kindred Group Partners With Quechan Tribe For CA and AZ Launch

Kindred

Kindred Group partnered with Quechan Tribe of Arizona and California. The goal is for a western launch using these two states as the starting ground. Neither state has launched legal sports betting as of yet. PHOENIX – Kindred Group has officially partnered with Quechan Tribe … Read more

Iowa Sports Betting Rises With Fall Of In-person Registration

Iowa Sportsbook

Iowa saw over $149.5 wagered on sports in January. Over $120 million came from online and mobile sportsbooks. The state collected over $700k in revenue. DES MOINES, Iowa – Iowa bettors were managed to set a new record for betting on sports in January, increasing … Read more

Online Sportsbooks Crash With Overwhelming Amount Of SB 55 Bets

FanDuel Iowa Sportsbook

Multiple regulated sportsbooks either crashed or saw technical difficulties during Super Bowl 55 due to heavy traffic. MGM Resorts sportsbook in Nevada couldn’t offer live in-game betting due to system failures. Barstool Sportsbook, FanDuel, BetMGM, and DraftKings all saw technical issues during the game. TAMPA, … Read more

LSB Feature: How Legal Sports Betting Changed Since Mahomes’ Time In NFL

Patrick Mahomes

Patrick Mahomes was drafted by the Kansas City Chiefs in 2017. The Professional and Amateur Sports Protection Act (PASPA 1992) was repealed in August 2018. Almost two dozen states have regulated sports betting since Mahomes has been in the league. TAMPA, Fla. – With Super … Read more

NFL, DraftKings Expand To Canada Ahead Of Super Bowl LV For DFS

DraftKings - Canada

DraftKings and the NFL have expanded their partnership to bring daily fantasy sports (DFS) to Canada. The launch in the new market comes just days before Super Bowl 55. The goal is to bring Canadian sports fans a unique and enhanced experience. BOSTON – Popular … Read more