COVID-19 Crisis Forces Sportsbooks To Think Unconventionally

Australian Rules Football

Sportsbooks around the country have been forced to either close temporarily or turn to new sports to make up for lost revenue. Notable betting options now include Liga MX, UFC, and the Australian Football League. These options have been popular with American fans despite their … Read more

Sports Betting Stocks Take A Hit Due To Coronavirus

Casino Stocks

Many sports leagues around the world have suspended play or canceled major tournaments. Sports cancelations have led to sports betting stocks to take a hit. Industry heads are preparing to take hits due to the coronavirus for the next few months. NEW YORK – Sports … Read more

How Will COVID-19 Affect Sports Betting Revenue And Taxes?

No Sports - No Sports Betting

Sportsbooks in the United States could lose $2 billion in handle and nearly $200 million in revenue as a result of the COVID-19 pandemic. Local and state governments project to lose over $24 million in tax collections off this lost revenue. Even once the sports … Read more

Betting Odds For The Democratic Vice Presidential Nominee

Women Candidates for Vice President

Kamala Harris is favored to become the Democratic Vice President. The Democratic National Convention will be from July 13-16. Hillary Clinton has the fifth shortest odds to be the Vice President at +1000. MILWAUKEE – The political season is in full swing as many Americans … Read more

Sports Betting Recap 03/12/2020: Man U Beatdown + Worldwide Soccer

LSB Recap - Manchester United vs. LASK

Coronavirus caused widespread cancellations, postponements, and suspensions of play in one of the most apocalyptic days in sports history. A handful of international soccer events were still played as scheduled. Manchester United (-132) extended their unbeaten streak in a 5-0 win over Austrian Club LASK … Read more

Kansas Has Two Sports Betting Bills That Are In Committee

Kansas House of Representatives

KS SB 283 would make sports betting legal in Kansas but needs amendments by the House to pass. The second bill, KS HB 2671 would also legalize sports betting and recently had a House Hearing but it has not yet moved as far along as … Read more

U.S. Sports Betting Legalization Is At Risk Due To COVID-19

Illinois Session Canceled

The Coronavirus is causing states like Maryland to hold their legislative sessions behind closed doors as a precaution. Other states are also considering this or suspending sessions altogether which could have an effect on sports betting bills being heard for legalization. CHICAGO – The Coronavirus … Read more

Coronavirus Causes Mass Basketball Tournament Cancellations

All NCAA Conference Tournaments Canceled

14 basketball conferences announced today that they would be canceling basketball championship tournaments, effective immediately. These cancellations included all power conferences: the ACC, Big 12, Big East, Big Ten, Pac-12 and SEC. Some conferences, including the SEC and Pac-12, have announced additional restrictions on athletic … Read more

Survey Shows New Yorkers Want Mobile Sports Betting

New York Mobile Sports Betting

Over half of the sports bettors polled in New York want to see legal sports betting through mobile devices. New York Senate Bill S17D is currently in the New York State Assembly and would legalize mobile gambling on sporting events for the Empire State. Millions … Read more

Sports Betting Recap 03/11/2020: NCAA Tournament Surprises

LSB Recap - Syracuse vs. North Carolina

The Hornets (+425) earned a big upset win over the Heat. Washington State (+400) shocked NCAA Tournament-bound Colorado in the Pac-12 tournament. Syracuse (+2.5) reminded us that North Carolina isn’t very good with a blowout ACC tournament win. An open net goal in the closing … Read more