Maryland passed bill MD SB 987 to renovate the horse racing tracks where the Preakness Stakes takes place. The Preakness, which is held in Baltimore, has been postponed and no new date has been announced yet. BALTIMORE – Maryland Senate Bill 987 was enacted without … Read more
theScore Bet app for sports betting will now be part of the sportsbook offerings in the state of Indiana. The platform is expected to launch by the fall of 2020 after all the regulatory steps have taken place. INDIANAPOLIS – Indiana just got a new … Read more
Johnny Nolon’s Casino will partner with The Carousel Group to operate a new sportsbook. The partnership will feature both mobile and retail sports betting. The company also expressed plans to venture into New Jersey as well. CRIPPLE CREEK, Colo. – The Colorado Division of Gaming … Read more
A new bill, HF 4597, was proposed in the Minnesota Legislature to provide financial relief to horse racing tracks throughout the state. A provision to allow short-term online pari-mutuel wagering on in-state events was removed from the bill after lobbying efforts from tribal gaming groups. … Read more
Governor Kevin Stitt signed a new tribal gaming compact with the Otoe-Missouri Tribe and Comanche Nation last month, which gave them the right to host casinos sportsbooks. Oklahoma Attorney General Mike Hunter issued a legal opinion stating that Kevin Stitt overstepped his legal authority when … Read more
Iowa recorded record lows for both sports betting handle and revenue in April. COVID-19 shut down 6 Iowa sportsbooks entirely and relegated the other 13 to online wagers only. Iowa casinos could begin reopening by mid-May, but until major American sports leagues resume, sports betting … Read more
UFC 249 features 11 fights beginning at 6:30 p.m. EST and finishing just after midnight. Tony Ferguson (-200) is the main-event favorite over Justin Gaethje (+170). Online sportsbooks are giving bettors +375 odds that the fight goes the distance. Betting on a draw to be … Read more
West Virginia handled only $1.9 million in April sports wagers and collected $124,000 in revenue—a 6.54% hold rate. These figures were drastic reductions from the pre-COVID-19 handle and revenue figures. While West Virginia is beginning to reopen, the sports betting industry won’t be able to … Read more
The Overwatch League and Call of Duty League will have their betting activity monitored by Sportradar to help protect the leagues from betting corruption. Sportradar oversees the integrity of betting in the NFL, NBA, FIFA, MLB, and FIFA. Blizzard Entertainment will still continue its scheduled … Read more
Legal sports betting in Colorado has gotten off to a rough start with the lack of engagement leading to new annual revenue estimates. New estimates show the state not making enough money to even cover the cost of launching their legal sports betting industry. DENVER … Read more
The Coronavirus pandemic has been leaving states with major gaps in their budget because shutdowns have halted incoming tax revenue. People in the sports betting industry think that states may begin to legalize sports betting quickly to gain a new source of revenue that will … Read more
The Nevada Gaming Commission has accepted new guidelines to reopen casinos in the state. Potentially, over 400 casinos can be reopened in the near future with limited capacity. The Commission claims that safety and health is their number one concern. LAS VEGAS – The Nevada … Read more