The start of the NFL season last year meant sports betting stocks skyrocketed. Shortly after that boom, the values of the top sportsbook’s stocks began to plummet. Betting on a short-term boom based on past history may be the best investment. NEW YORK – The … Read more
Sportsbook operators in Colorado saw over $2 million in losses after paying sportsbook bets on the Avalanche in the month of June. The NFL season kicks off in a few weeks and September of 2021 saw over $123 million bet in Colorado and accounted for … Read more
Regulations for legal sports betting in Kansas have been agreed to and are only waiting for the signature of Derek Schmidt, the head of the Attorney General’s Office. There is hope that Kansas will officially launch legal sports betting before the start of the 2022-2023 … Read more
Peru President Pedro Castillo has officially signed online gambling and sports betting into law. The iGaming market is projected to gross $40 million USD annually from revenue from online operators. No launch date has been set yet for sportsbooks to go live. LIMA, Peru – … Read more
Prop 26 and Prop 27 have each received over $150 million in support for their opposite sports betting proposals for the 2022 Ballot. There have been educational organizations against Prop 27 (online betting) and working-class originations against Prop 26 (retail tribal betting). LOS ANGELES – … Read more
FanDuel is partnering with Boyd Gaming to operate a sportsbook at the Fremont Casino in Las Vegas. The legal sports betting partnership likely is the first step in FanDuel’s grand plan to return to Nevada. For FanDuel to open an online sportsbook in Nevada they … Read more
Massachusetts Governor Charlie Baker signed House Bill 5164 last night to legalize sports betting. The bill will allow for 15 state-regulated in-person and online sports betting operators. Massachusetts sports betting laws will restrict betting options on the state’s colleges and universities. BOSTON – Massachusetts officially … Read more
States are beginning to recognize how much promotions are costing them in taxes and beginning to ban sportsbooks from using them as tax write-offs. Promotions have hurt the sportsbooks themselves as well, with many of the top brand’s stock prices plummeting as a result. LAS … Read more
Jake Paul and Joey Levy have co-founded a new company that will launch a micro-betting-focused sports betting app for US residents. The company has already raised $50 million, teamed up with Simplbet, and has the backing of athletes such as Desean Jackson and Ezekiel Elliot. … Read more
North Carlina local teams support regulated mobile sports betting statewide. The lack of a regulated online market sees NC missing out on potential millions annually. RALEIGH, N.C. — North Carolina went another year without regulating mobile sportsbooks and local teams have begun voicing their support … Read more
Ohio lottery locations that have liquor licenses will have the ability to apply for a sports betting license under “Type C” and can offer kiosks ks as soon as January 1st, 2023. Kroger has applied for 13 of these licenses for Cincinnati locations, with each … Read more
Ohio regulated sports betting is set to go live on January 1, 2023. Massachusetts passed betting into law but has not finalized regulations as if yet. Kansas has also not set the final rules and regulations for its betting market. BOSTON – There are new … Read more