LSB Feature: What Sports Bettors Should Know This Tax Season

IRS

All sports betting wins are considered taxable income and should be claimed on sports bettors’ taxes. The Internal Revenue Service (IRS) requires taxes to be filed if players earn $600 or more. Sports betting fans are able to deduct losses, but only to the amount … Read more

Drew Timme Leads Odds To Win Most Outstanding Player

Gonzaga Bulldogs

Drew Timme is favored to win the Most Outstanding Player with +125 odds. Jalen Suggs has +475 odds to win the Most Outstanding Player. Corey Kispert has +650 odds to win the Most Outstanding Player. INDIANAPOLIS—The Final Four is upon sports bettors which means the … Read more

VA Sports Betting Revenue Down Despite $266M Handle In February

Virginia

The sports betting industry in Virginia has posted another negative month for February with over $3 million in the red. Although the Commonwealth saw a loss, handle was at a record high at $265.8 million for the month. Over 7.3% of wagers came from Super … Read more

TheScore Bet Becomes Fifth Sportsbook Partner For PGA Tour

Masters - TheScore

theScore Bet will now have a plethora of PGA Tour wagers and information through their sports betting platforms as they’ve become the fifth official operator for the PGA. The PGA Tour continues to add sportsbook operators to their list of partners to create a larger … Read more

NY’s Current Stance On Regulating Mobile Sportsbooks In 2021

New York Mobile Sports Betting

The New York FY2022 budget proposal has surpassed its April 1 deadline where a regulated mobile sports betting market was to be included. Three proposals are open to expanding the sports betting industry of New York with mobile platforms. The next few days should see … Read more

4 Betting Trends To Know Before Betting On The Final Four

NCAA Final Four

The Baylor Bears are seen as 5 point favorites on the spread to beat the Houston Cougars. The Gonzaga Bulldogs are 14.5-point favorites to beat the UCLA Bruins. INDIANAPOLIS — Before betting on the Final Four, bettors should be looking at different betting trends on … Read more

College Prop Bet By William Hill Under Investigation In Tennessee

William Hill Sportsbook

William Hill Sportsbook is under investigation by the Tennessee Education Lottery (TEL) after accepting prop bets on players for March Madness. Collegiate athlete prop bets are banned in Tennessee from action. The mobile sports betting platform only just made its debut in the Volunteer State … Read more

OH Will See A Sports Betting Bill Drawn Up For April Introduction

Ohio Capitol

Ohio sports betting will likely be regulated in 2021 with a bill that will get its first introductions in April. Professional sports organizations as well as Governor Mike DeWine believe 2021 is the year for an Ohio sports betting market to launch. The Cleveland Cavaliers … Read more

Baylor Still Sitting With Plus Odds To Win March Madness

Baylor Basketball

The Baylor Bears have the second shortest odds to win March Madness with +275 odds. The last time that Baylor made it to the Final Four was way back in 1950. INDIANAPOLIS — With the Final Four just set to begin, bettors can continue to … Read more

LSB Interview: DraftKings’ Steve Buchanan Talks MLB Betting

MLB Chase Field

Sitting down with DraftKings’ MLB expert Steve Buchanan to hear his insight on the top teams in World Series contention, as well as his surprise dark horse teams in 2021. BOSTON – Heading into the upcoming MLB season, bettors across the country are putting together … Read more