Ohio Sports Betting Bill Gets First Official Hearing

Ohio Senator Niraj Antani

The Ohio Legislature received its first taste of a sports betting bill with Senate Bill 176. Senate Bill 176 would regulate mobile and retail sportsbooks in Ohio as well as a lottery pool for sports wagering. There will be a cap of 40 licenses for … Read more

WA Progressing With More Tribal Sportsbook Compacts Approvals

Kalispel Casino

The Kalispel Tribe of Indians has been tentatively approved as the third tribe to be able to offer sports betting in Washington. Washington wants to go live with their sports wagering market by the start of the 2021 NFL season. There are at least ten … Read more

Memphis Grizzlies Partner With WynnBET For Sports Betting Deal

Memphis Grizzlies - WynnBET

The Memphis Grizzlies have partnered with WynnBET on a multi-year deal. The partnership will be a digital-first approach. MEMPHIS, Tenn. — Memphis Grizzlies fans and bettors will have a new experience when either attending a Grizzlies game or following their social media platforms. The team … Read more

TN Sports Betting Continues With Same Regulator Until Jan. 2022

Tennessee Legislature

Senate Bill 588 that names the Sports Wagering Advisory Council (SWAC) as the regulatory body of the Tennessee sports betting industry passed on May 5. The Tennessee Education Lottery (TEL) has been the regulator of the sports wagering market in the Volunteer State since the … Read more

Medina Spirt Draws 3 Post, Back To Being Favored To Win Preakness

Preakness Stakes

The Maryland Jockey Club has cleared Medina Spirit to race in the Preakness Stakes after the Kentucky Derby scandal. Medina Spirit is favored to win the Preakness Stakes with +185 odds. Bob Baffert trains both Medina Spirit and Concert Tour, the horses with the shortest … Read more

Matt King, FanDuel CEO Steps Down Delaying U.S. Listing

FanDuel's Matt King

Flutter Entertainment has announced that FanDuel CEO Matt King will be stepping down. Flutter Entertainment has warned this will delay the potential public listing of FanDuel. Matt King will remain as CEO until a replacement is selected. NEW YORK – Popular sportsbook and daily fantasy … Read more

Louisiana Sports Betting Bill Passes In House, Moves To Senate

Rep. John Stefanski - Louisiana House of Representatives

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

Illinois Sports Betting Handle Tops $600 Million In March

Illinois Sportsbook

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

Sports Betting With Wynn Resorts To Become Public Company

WynnBET - NYSE

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

PointsBet Acquires Premier Turf Club, Gains Oregon Access

BetPTC - PointsBet

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

Deadline Extended For California Sports Betting Ballot Initiative

Voting Booths

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

Sportsbooks Now Offer Preakness Stakes Odds Without Medina Spirit Amid Drug Case

Medina Spirit

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