Michael Molter 
Judge Paul Barbadoro from the New Hampshire District Court reviewed the Wire Act this time around. Vastly different opinions derived from the Department of Justice in both 2011 and 2018. The DOJ has the opportunity to further the challenge, taking the Wire Act interpretation to … Read more
The Bruins are leading 2-1 against the Blues, with homecourt advantage on their side. Betting in certain approved stadiums will be launching for the next NHL season. The NHL will be soon receiving a cut of the action, as two states have included language about … Read more
Nevada sportsbooks were able to keep $21.66 million in revenue for the month of April. Roughly $328 million was wagered in April, where baseball and basketball betting accounted for 80% of that total. The sports betting revenue in Nevada for April was down 33% from … Read more
Teams with homecourt advantage are 29-13 since the 1977 NBA merger. Those teams only when 39% of the time if the first game spread is within 6 points. The sportsbooks in Nevada and New Jersey would take a loss with multiple early futures bets on … Read more
Licensing fees include a $100,000 application fee as well as a $50,000 annual renewal. Sports betting revenue will be taxed at a rate of 9.5% and head to the state’s general fund. Licensed sportsbooks will be given the option to partner with three suppliers, or … Read more
Legislators want mobile sports betting in order to keep the gamblers’ money inside the state. Governor Cuomo keeps going back and forth with the process for online sports betting legalization. If all goes as planned, mobile sports betting in New York could launch by the … Read more
• Since their launch, Rhode Island sportsbooks have taken in almost $94 million in wagers. • The state has the lowest hold for 2019 (3.48%) of every legal sports betting state. • Twin River Casino has accounted for nearly 75% of the state’s yearly sports … Read more
The SEC Spring Meetings will take place from May 27 – May 31. Three states have legalized sports betting where an SEC team is present. Under HIPPA, the athletes’ medical details are private information. DESTIN, Fla. – With representatives from each university, the SEC Spring … Read more
The PGCB made sure a self-exclusion program was available for PA bettors. Bettors will be able to use their laptop, computer, and Android device. iOS devices will be further delayed. Full-scale online betting will be available Friday, after this three-day testing. PHILADELPHIA – Pennsylvania has … Read more
Iowa sports betting became legal after Governor Reynold signed SF 617 After regulations are approved, the industry is likely to launch in late August. Sports betting revenue will be used for infrastructure updates as well as youth educational programs. DAVENPORT, Iowa – After the signature … Read more
Tennessee became the first online-only sports betting state, as they do not have any casinos to link with currently. The state has approved the highest licensing fee of any legal sports betting state, at $750,000. Sportsbooks will be taxed at 20%, which will be used … Read more
Borgata was the first Atlantic City casino to accept a sports bet in June of last year. Borgata has the third-highest land-based sportsbook revenue of the ten licensed books in NJ. Level One will be located only steps away from Premier Nightclub. ATLANTIC CITY, N.J. … Read more