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
Tacitus is the current favorite to with the 151st Belmont Stakes. Kentucky Derby winner Country House will not be competing, though Preakness winner War of Will is slated to run. The Belmont Stakes is scheduled for Saturday, June 8, at 6:50 p.m. (NBC, NBCSN). NEW … Read more
The All American Sports Betting Summit will happen on June 18. The location of the summit will be in Monmouth Park. One of the major talking points for this summit will be about regulation. OCEANPORT, N.J. – The All American Sports Betting Summit (AASBS) will … 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 NBA will only allow sports betting companies it has partnered with to have access to the league’s official data stream during the finals. Sportsbooks generally use the leagues’ live data in order to form any in-game betting odds. TALLAHASSEE, Fla. – The NBA, who … 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
The first sportsbook in New Jersey was launched in June of 2018. Nevada and New Jersey combined to account for 88% of the nation’s total handle in March. Online sports betting in New Jersey accounts for about 80% of all wagers made in the state. … Read more
Nasdaq is using its Longitude trading tech to handle live wagers for the Hong Kong Jockey Club. The company says sports betting and stock trading are based on the same fundamental concepts. The US has long treated stock trading as legally exempt from anti-gambling laws. … Read more
The 30-second ad aired for less than a day before being voluntarily pulled. BetIllinois made the ad, which was backed by both DFS operators. The removal of the ad signifies that discussions are now underway in earnest. SPRINGFIELD, Ill. – Yesterday, FanDuel and DraftKings released … Read more
Under current Massachusetts gaming laws, MGM Resorts can only have one casino in the state. Last month, Wynn Resorts completed reputation-damaging “suitability” hearings for the Massachusetts Gaming Commission just to be able to retain its license. MA lawmakers are set to hold informational hearings on … Read more
Daily fantasy sports generated revenues of $22.5 million during the past 12 months. The state took $3.4 million in taxes on DFS action. PA taxes DFS operators at 15% of revenue. HARRISBURG, Pa. – It is the one-year anniversary of the legalization of daily fantasy … Read more
The Presque Isle Downs and Casino sportsbook will not launch on time. Owner Kevin O’Sullivan said more details will become available on June 12. The Pennsylvania Gaming Control Board does not know the reason for the delay. ERIE, Pa. – The Presque Isle Downs and … Read more