The Louisiana State Legislature has until June 10 to pass a bill for its sports betting industry. House Bill 697, which would regulate mobile and retail sportsbooks has passed in the House and is now seeking Senate approval. Louisiana hopes to launch its sports wagering … Read more
Sports betting handle hit $633.6 million in March. This can be attributed to March Madness betting. This is the last full month where remote registry was allowed in Illinois. SPRINGFIELD, Ill. – Sports betting fans in Illinois were active during the March Madness tournament, setting … Read more
Wynn Interactive will be a part of the Nasdaq Stock Market by the end of 2021. The sports betting company will be known as WBET to shareholders. Billions of dollars are expected to be gained by merging the sports wagering platform into a stock-style framed … Read more
Popular sportsbook PointsBet has acquired Oregon-based horse racing betting operator Premier Turf Club. This gives PointsBet access to the Oregon market just in time for the Triple Crown event Preakness Stakes. The acquisition was for $3.7 million. SALEM, Ore. – Local Oregon horse racing betting … Read more
Californians may see sports betting on their November 2022 ballots. The tribes in the state have until May 26 to submit the required verified signatures to be able to get the issue on the ballot. As of April 29, only half of the signatures needed … Read more
Medina Spirit and trainer Bob Baffert was stripped of his Kentucky Derby win after failing a post-race drug test. Medina Spirit is expected to race in the Preakness Stakes. Preakness odds have Concert Tour favored to win with +130 odds without Medina Spirit listed. BALTIMORE—Following … Read more
DraftKings clears $312 million in the first quarter of 2021. The company has increased its revenue guidance from $900 million to $1.15 billion. The outperformance of the initial goal set has created optimism within the country. BOSTON – Popular sports betting and daily fantasy sports (DFS) … Read more
Senate Bill 319, that would put sports betting, a state lottery, and other gaming on the November 2022 ballot may not get its time in the House on May 17, killing the bill’s chances in 2021. The Alabama Legislature has one final day left in … Read more
Sports data and analytics company Genius Sports has just acquired Second Spectrum and FanHub in a pair of deals. Second Spectrum is a data-tracking and AI services developer and was sold for $200 million, while FanHub, a developer of free to play games and fan … Read more
Iowa betting fans wagered $118.4 million on sports in April. This is down from the $161.4 million record set in March. This is the largest single-month drop since sports betting launched in Iowa. DES MOINES, Iowa – Iowa has come down from the highs it … Read more
The Golden State Warriors have +105 odds to make the NBA Playoffs. The Washington Wizards have +150 odds to make the playoffs. The NBA Play In Tournament will have the 7-10 seeds battle for a playoff spot. NEW YORK – The NBA is gearing towards … Read more
Over $3 billion has been wagered in Indiana since its sports betting market became regulated in 2019. Fifteen mobile sportsbooks and fifteen retail sportsbooks have opened since then, for a total of thirty outlets to bet on the games statewide. Total revenue from the start … Read more