Annual revenue estimates show numbers exceeding a $400 million gain from the legal sports betting market in Virginia. From these projections, most of the business would be coming from the mobile and internet wagering platforms. While both bills include retail locations, an online-only sportsbook would … Read more
Tennessee’s sports betting regulations are drawing negative comments. Experts feel that it is detrimental to their sports betting market and could cost them millions in losses. Study shows France, another market with similar regulations, suffers because of it. NASHVILLE, Tenn. – As the spirit of … Read more
Sports betting was officially legalized in D.C. back February of 2019. The no-bid contract with Intralot has delayed sports betting for almost a year. The Capital One Arena is likely where the first sportsbook in D.C. will open. WASHINGTON – After a year of waiting … Read more
Barstool Sports is looking to sell itself to a gambling company. The acquisition of Barstool Sports could lead to new sportsbooks being created. The price to purchase Barstool Sports could be over $100 million. NEW YORK – Barstool Sports revealed this past weekend that it … Read more
There are 14 states that have launched sports betting with six others in line to launch their new laws allowing residents to take part in this form of gambling. The Judiciary Committee in Missouri will be presented with a sports wagering bill on January 13 … Read more
Sports betting in New York became active in 2019. State Senator Joseph Addabbo will renew efforts to legalize mobile wagering. The state of New York has a $6 billion budget deficit. ALBANY, N.Y. – State Senator Joseph Addabbo said on Thursday that he plans on … Read more
Esports events are going to be broadcasted to IMAX theaters thanks to Vindex. The increasing number of eyes on esports could lead to legislation allowing for esports betting. Esports events are expected to broadcast in IMAX theaters sometime in 2020. NEW YORK – Vindex and … Read more
Lawmakers during the 2019 legislative session approved ME LD 553 during the last few days of the session. Governor Janet Mills held the bill into 2020 to delay her potential approval or rejection of the measure. After her veto decision, Maine residents will have to … Read more
The Kentucky legislature will remain in session through mid-April, giving lawmakers enough time to come to a decision on the sports betting bills currently being presented. Governor Andy Beshear is in favor of gambling in all of its forms (casino-style, sports betting, and poker), including … Read more
Yahoo Sportsbook launched in New Jersey in November. A partnership with MGM Resorts could allow Yahoo to expand its betting operations. The expansion could be delayed due to the 2020 elections. ATLANTIC CITY, N.J. – Verizon announced on Wednesday that the company plans on expanding … Read more
Midnite is a U.K-based sports betting platform. The Makers Fund has given Midnite over $2.5 million to fund its platform. Midnite believes that esports betting will bring in completely new customers. LONDON – Midnite is a new esports betting platform based in London and the … Read more
Legalizing gambling in the state would require a majority vote by the public as well as two-thirds of both the State Senate and General Assembly in favor of the idea. Any revenue that would be gained from gambling would help fund the state’s education system. … Read more