Nevada’s March Sports Betting Handle, Lowest In 27 Years

Vegas Sportsbook Revenue Down

Nevada’s March sports betting handle was its lowest since 1993. With COVID-19 grinding sports to a halt around the world and closing casinos, the short-term financial future for Nevada sportsbooks looks grim. Nevada does feature mobile and online sports betting, but in-person registration requirements could … Read more

Famous Sports Bettor Billy Walters To Be Released From Prison

Billy Waters

Famous sports bettor Billy Walters will be released from prison after serving three years of his five-year prison sentence. Walters was convicted on ten counts of conspiracy and securities and wire fraud for insider trading in 2017. PENSACOLA, Fla. – Billy Walters, a legendary name … Read more

Horse Racing Betting Handles Increase Amid COVID-19 Shutdowns

Horse Racing

Many major race tracks have seen massive increases in betting handle during the coronavirus pandemic. The increase can be attributed to the lack of sports betting options available amid shutdowns. Fonner Park specifically saw a 1,320.0% increase in betting handle from last year. GRAND ISLAND, … Read more

Gov. Northam Approves VA Sports Betting Bills After Amendments

Virginia Welcomes Sports Betting

Virginia sports betting has officially been made legal now that VA Governor Ralph Northam has signed off on three bills. The Virginia Lottery has until September to draw up rules and regulations, but the bills will be enacted into law July 1. RICHMOND, Va. – … Read more

Casino Closures Aren’t Boding Well For MS Sportsbooks Revenue

Treasure Bay Casino

Sports betting handle and revenue each decreased by 69% from February to March 2020. The betting month was shortened, as COVID-19 essentially shut down sports by March 12 and all Mississippi casinos were forced to close on March 16. Without online betting to fall back … Read more

When Should Investors Jump On Sports Betting Stocks?

Caesars - Hollywood - Sands Casinos

Sports betting stocks are finally beginning to rebound after a massive crash, and this is likely a good time to invest. While the exact timetable for a return to normalcy is unclear, the return of sports is inevitable. Most sports betting stocks are seeing slow … Read more

Online Sports Betting In Netherlands Delayed For Amendments

Netherlands

Online gambling for both casino and sports betting in the Netherlands has been delayed because more amendments are now being requested. With the Coronavirus pandemic closing local gambling establishments, internet gaming has spiked in the country, spotlighting the need for legal countrywide online operations. NEW … Read more

Betting Odds On Who Will Replace Kim Jong-un In North Korea

Kim Jong Un

Many have speculated that Kim Jong-un is in critical condition, and if he dies, North Korea will see its first new leader in almost a decade. North Korea’s line of succession isn’t publicly known, but Kim’s sister Kim Yo-jong seems to be the consensus betting … Read more

Twin River Buys Three New Properties Despite Ongoing Pandemic

Ballys Atlantic City Casino

Twin River bought three new properties from Caesars and Eldorado. Buying the three casinos allows for Twin River to have access to three new states. The purchase of the properties is pending regulatory approval. PROVIDENCE, R.I. – Twin River announced last week that they have purchased … Read more

Colorado Will Have A Mountain Of Sportsbooks To Choose From May 1

Colorado Sports Betting Apps

Mobile sports betting apps in Colorado will be available to begin accepting wagers on May 1. The sports betting industry in the Centennial State is slated to gain an estimated $400 million in annual revenue based on a 10% tax rate that will go to … Read more

Esports Betting On The Rise Despite Match Fixing History

Dark Esports

Esports betting is expected to double in 2020 compared to 2019. Esports betting has had many match fixing scandals over the past few years. MELBOURNE, Australia – Esports betting may be on the rise, but the activity has had its shaky history of match fixing … Read more