Reddit Co-Founder Funds Startup Sports Betting App, Wagr

Alexis Ohanian - Wagr

Alexis Ohanian, the co-founder of Reddit, has invested $4 million in a new sportsbook platform called Wagr. Wagr will allow sports betting to be done among friends through its application. The sportsbook already has licensing applications pending in Tennessee and Virginia. SAN FRANCISCO – Sports … Read more

U.S. Open Tee Times Set: 3-Ball Betting Odds Released

Brooks Koepka / Colin Morikawa / Justin Thomas

Justin Thomas, Brooks Koepka and Collin Morikawa headline the early groups. Phil Mickelson looks to win his U.S. Open title as he’s paired with Xander Schauffele and Max Homa. Defending champion Bryson DeChambeau will group with reigning Masters champion Hideki Matsuyama and Tyler Strafaci. SAN … Read more

Michigan Sports Betting Handle/Revenue Drops Again In May

Michigan Sportsbook

Sports betting in Michigan saw a decline in both activity and revenue for the second consecutive month in May. FanDuel was the number one mobile sportsbook in Michigan. Mobile betting dominated the sports betting market in May. LANSING, Mich. – The Michigan Gaming Control Board … Read more

North Carolina Sports Betting Bills Still Awaiting Hearings

North Carolina Senator Jim Perry

The North Carolina General Assembly adjourns for the year on July 2. Senator Jim Perry, the sponsor of Senate Bill 688 that would regulate mobile sportsbooks in the state does not believe there is enough time to get his bill passed in 2021. Currently, Senate … Read more

College Football Betting Fans Turn Focus On Spencer Rattler

Spencer Rattler

Spencer Rattler is the betting favorite to win the Heisman Trophy with odds of +500. Rattler also has the shortest odds to be the No. 1 overall pick at +140. Baker Mayfield and Kyler Murray both won the Heisman and were the No. 1 pick … Read more

Brazil Is Looking Toward A Future Sports Betting Industry

Brazilian Flag

Brazil is looking toward regulating a sports betting market in the country. The measure known as PL 442/91 would make both retail and mobile sportsbooks available for Brazilians. Billions of dollars in annual revenue are estimated to be seen by a regulated sports wagering industry … Read more

Iowa, Indiana Saw Strong Sports Betting Activity In May

sb revenue

Indiana sportsbooks saw $254.4 million wagered in May. Iowa sportsbooks reported $161.4 million. Indiana saw a 7% increase month over month while Iowa saw a slight 2.9% decline. INDIANAPOLIS – Sports betting markets in Indiana and Iowa have released their official sports betting revenue reports … Read more

Betting The 2021 US Open Odds: The Monday Before

Jon Rahm - US Open

The 2021 US Open is set to tee off this week from Torrey Pines where Jon Rahm is the pre tournament favorite at +1000 betting odds. Other top golfers topping the odds before the major tournament include Brooks Koepka (+1600), Bryson DeChambeau (+1600), Dustin Johnson … Read more

Sports Gaming Bills For Massachusetts To Be Heard Thursday

ma statehouse

The Massachusetts Legislature will be holding a hearing for 19 of its sports betting bills to be heard on Thursday. Annual revenue from a sports gaming market in the Bay State is estimated to be around $35 million. The Massachusetts Legislature adjourns for the year … Read more

Louisiana College Football Bettors Land Local Sports Betting TV Deal

WBRZ - Sports Betting

ABC’s Baton Rouge affiliate station WBRZ-TV is partnering with DraftKings owned Vegas Sports Information Network (VSiN). This partnership will see the two networks launch sports betting content for Baton Rouge residents. This partnership is made ahead of the forthcoming Louisiana sports betting launch. BATON ROUGE, … Read more

NFL Preseason Betting Trends To Remember As Schedule Drops

NFL Betting

The NFL’s preseason schedule has been officially announced. Certain coaches have interesting NFL preseason habits, giving bettors a potential edge. NEW YORK – Preseason football is back for the first time in two years as the 2020 preseason was canceled due to COVID-19. A notable … Read more