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
Wynn Resorts lost nearly $700 million in revenue in Q1 2020 compared to Q1 2019. The company’s stock price dropped by $84.87 (61%) from January 1 to March 31 as well. Some of Wynn’s losses are attributable to its decision to pay employees despite Wynn … Read more
The NFL schedule was released on Thursday Night displaying many games where MVP candidates will face off. Week 3 will feature two non-conference showdowns between Dak Prescott vs Russell Wilson and Patrick Mahomes vs Lamar Jackson. With a tough road schedule, the MVP odds for … Read more
The German soccer league Bundesliga will resume the regular season schedule on May 16 after receiving approval from the government to do so. Betting lines are already up for the first six matchups that will occur on day one of the comeback. Borussia Dortmond is … Read more
Penn National Gaming has lost money during the first quarter of 2020 because of the closures of their properties amid the Coronavirus pandemic. The company has enough money to withstand the remainder of the year if it should need to be closed that long. NEW … Read more
UFC 249 is getting major action at online sportsbooks, the most since the NFL Draft. The main card between Tony Ferguson and Justin Gaethje has sports bettors clambering. Ferguson is the favorite at -170 odds to take the win. JACKSONVILLE, Fla. – UFC 249 is … Read more
The Michigan Gaming Control Board will now allow third-party mobile sportsbooks to apply for licenses to offer horse racing betting in the state. Northville Downs Race Track, the one horse racing track in the state is currently shut down until at least May 29 due … Read more
U.S. election betting likely won’t be available for the 2020 Election at state-regulated sportsbooks. The power to regulate political betting falls in the hands of state lawmakers state’s gambling regulatory authority. Donald Trump is favored at -120 odds to be re-elected as president. LAS VEGAS … Read more