Sports betting was legalized in Tennessee back in July of 2019. Potential sportsbooks hope that betting can start before March Madness. Some potential sportsbooks have concerns that Tennessee could be an uncompetitive market. NASHVILLE, Tenn. – The Tennessee Lottery is ending the public comment period … Read more
Disney stocks and stocks from MGM Resorts will likely increase in value with legal sports betting spreading across the U.S. Many states are looking to legalize sports wagering in 2020. There are risks that people interested in investing in stocks should consider before doing so. … Read more
The Philadelphia Eagles will play the Seattle Seahawks in the Wild Card game on Sunday. Pennsylvania has legalized sports betting and residents are taking advantage of this by wagering on the game. Most of the sports betting tickets that have been taken in by PA … Read more
Sports betting is legal in New York, but it is restricted to retail casino locations. This partnership will allow DraftKings branding to be put in the stadium. New York lawmakers are interested in creating mobile sports betting laws. NEW YORK – Madison Square Garden (MSG) … Read more
Oklahoma tribal casinos are currently operating with expired contracts. Without being given their automatic renewal on their compacts, three of the 33 tribes running casinos in the state have filed a federal lawsuit against Oklahoma. Governor Kevin Stitt has said he has given every opportunity … Read more
Two restaurants want to open a sportsbook in Washington D.C. Both locations are aiming to offer mobile wagering without a retail sportsbook. D.C. sports betting is currently legal, but it is not active yet. WASHINGTON – Shaw’s Tavern and The Bottom Line have both applied … Read more
States have begun to legalize sports betting for almost two years now. Ratings for various sports leagues have not seen too much of an increase in viewership. It does not seem like more legal sportsbooks increase viewership for sports. TALLAHASSEE, Fla. – Legal sports betting … Read more
A contract dispute shut down two sportsbooks in West Virginia. Both casinos are in the process of looking for another sportsbook provider. It could be several more months until these sportsbooks can re-launch. WHEELING, W. Va. – The Wheeling Island Casino and Mardi Gras Casino … Read more
Rhode Island law requires sports bettors that want to use their mobile sports betting applications to activate their accounts at a casino first. The number of users for their mobile platform is down causing a domino effect in potential revenue. Other states without this requirement … Read more
There are several states that are planning to legalize sports betting in 2020. Some states will have a more difficult time legalizing compared to others. There are a few states that will have an easier time than others to legalize sports betting. TALLAHASSEE, Fla. – … Read more
The total money wagered at licensed sportsbooks throughout 2019 broke the $11 billion mark. Over $750 million was kept by sportsbooks as revenue from bettors’ losing wagers. With mobile betting becoming standard, 2020 should see over $20 billion wagered. LAS VEGAS – Since PASPA was … Read more
Mobile sports betting will be the first of both types of legal sports betting in the state to begin. Retail wagering on sports will take much longer to roll out to the public due to the logistics of approved facilities. DraftKings will now be the … Read more