LSB Feature: How The US Sports Betting Market Stacks Up Against The World

Betting Markets

The U.S. saw major growth in legal sports betting in 2020. Other markets such as the UK, Australia, and Mexico have long-established regulated sports betting. The US holds up against these long-standing markets with only half the country having legalized sportsbooks. ATLANTIC CITY, N.J. – … Read more

Bundesliga Odds: Bayern Munich vs. Borussia Dortmund Betting Preview

Bayern Munich vs. Borussia Dortmund

Two bitter rivals face off Saturday as Bayern Munich host Borussia Dortmund in the German Bundesliga. Betting odds for the match have Bayern Munich as the strong -170 favorite in three-way moneylines. MUNICH, Germany – The two most prestigious soccer clubs in Germany face off … Read more

WynnBET Set To Join Virginia Online Sports Betting Market

WynnBet - Virginia

WynnBET will be just the sixth online sportsbook operating in Virginia thus far. Sports Betting was legalized back in April of 2020. RICHMOND, Va.—Those that bet on sports in Virginia have a reason to get even happier than they already are as WynnBET will be entering … Read more

Bally’s Announces NBA Partnership, Sportsbook May Launch Summer

Bally's - NBA

Bally’s Corporation has partnered with the NBA to be an official sports betting operator of the league. The Bally Bets sportsbook may launch in summer 2021. The partnership gives Bally access to NBA marks and promotions. PROVIDENCE, R.I. – Bally’s Corporation has announced an official … Read more

Class Action Lawsuit Filed Against FanDuel For Alleged Deception

FanDuel Lawsuit

Andrew Melnick has filed a lawsuit against Betfair Interactive/FanDuel Sportsbook alleging the sports betting provider gave false information on wagers. The lawsuit claims the FanDuel’s live betting odds during NCAA basketball games were inaccurate. Discrepancies between the sportsbook’s information and the actual information in the … Read more

DraftKings Becomes First Official Sportsbook Of The UFC

UF - DraftKings

DraftKings and the UFC have signed an exclusive partnership. The deal will make DraftKings the first official sportsbook and daily fantasy sports (DFS) provider of the UFC. This is a multi-year agreement. LAS VEGAS – The UFC has named DraftKings as their official exclusive sportsbook … Read more

Detroit Pistons Sign Multi-Season Partnership With WynnBET

WynnBET - Detroit Pistons

WynnBET and the Detroit Pistons partner for a multi-season marketing deal. The partnership will see both entities partner for co-branded marketing efforts. With the deal comes Wynn Wednesdays, a new exclusive promotional event on the WynnBET mobile app. DETROIT – WynnBET partners with yet another … Read more

Colorado Rockies Sign Marketing Agreement With Betfred

Colorado Rockies

Betfred Sports has partnered with the Colorado Rockies of the MLB. This is a multi-year marketing agreement. This is the third marketing agreement Betfred has secured in Colorado. LAS VEGAS – The Colorado Rockies have officially signed a multi-year marketing agreement with popular sportsbook Betfred … Read more

DraftKings Sportsbook Integrated Into DISH TV Hopper Platform

DraftKings - DISH Network

Users of DISH Hopper will be able to access DraftKings and place bets directly from their TV. DISH Hopper users can now bet on NCAA basketball, NBA, and NHL with more sports to come. ENGLEWOOD, Colo. – In a first-of-its-kind deal, DraftKings Sportsbook and fantasy … Read more

FanDuel Owners Show Biggest Market Share In U.S. Sports Betting

Flutter

FanDuel parent company Flutter Entertainment shows that their online gambling imprint in the US is the largest operation. FanDuel pushed US gaming revenue up 81% in 2020. Flutter Entertainments US base is 40% larger than its closest competitor DraftKings. DUBLIN, Ireland – FanDuel has seen … Read more

Simplebet Raises $15 Million To Enhance Live Betting Product

Simplebet

Simplebet has raised $15 million to upgrade their live betting platform as well as reach new leagues and sports. Simplebet offers micro-market betting which allows sports bettors to put action on every detail of a live game. NEW YORK—Simplebet has raised a total of $15 … Read more

BetMGM Becomes Sports Betting Partner Of Borussia Dortmund

BetMGM - Borussia Dortmund

BetMGM has announced an exclusive partnership with Borussia Dortmund. BetMGM becomes the football club’s official US partner. Borussia Dortmund has -112 short odds to beat Borussia Monchengladbach. LAS VEGAS – BetMGM has officially announced an exclusive partnership with German football club Borussia Dortmund, becoming its … Read more