Is Sports Betting At Odds With Horse Racing?

Horse Racing

LEXINGTON, Ky. – Kentucky has long been the epicenter of American horse racing, but industry leaders are worried that sports betting could have negative consequences for the horse racing market. According to some horsemen’s groups, the key to survival is utilizing sports betting’s fixed-odds model.  … Read more

Caesars And DraftKings Agree To Multi-Year Sports Betting Deal

caesars entertainment

DraftKings and Caesars Entertainment agreed to a multi-state, multi-year partnership yesterday which would allow for DraftKings to tap into Caesars’ gambling market. According to a press release from Caesars, the deal includes the ability for DraftKings to operate the online and mobile gambling platforms in states … Read more

Sports Betting In Virginia Inches Closer To A Reality As Bill Passes Through Legislature

general assembly virginia

After many readings and amendments, Virginia legislators agreed upon Senate Bill 1126 on Saturday, which is the first step in allowing legal sports betting in the state. The bill was approved in the Senate by a vote of 30-10. It still requires the signature of approval … Read more

Pennsylvania’s $32M In Sports Betting Could Increase With Online Wagering

pennsylvania sports betting

HARRISBURG, Pa. – Over $32 million was wagered in Pennsylvania in January, and those numbers may increase if the state brings online and mobile wagering to the table.  January marks the second full month that that sports wagering was legal in Pennsylvania. The $32 million … Read more

WatchandWager Secures Betting License, Eyeing Sports Wagering In California

california horse racing

SACRAMENTO, Calif. – North California horse racing fans will be pleased to know that they will be able to use the WatchandWager online platform until at least 2021. Webis Holdings, the parent company of WatchandWager, was approved by the state for a betting license extension, … Read more

Prairie Meadows Takes Action On Iowa Sports Betting

prairie meadows

ALTOONA, Iowa – Last Thursday an Iowa Senate Subcommittee advanced potential legislation that would legalize sports betting in the state’s casinos. Even though it hasn’t been signed into law yet, Prairie Meadows is betting that it will and has already built a $1.5 million sportsbook … Read more

Tax It All: Minnesota’s Approach To Legalizing Sports Betting

minnesota_pat_garofalo

Last week, Minnesota legislators, led by Representative Pat Garofalo (R- Farmington), filed the bill that would legalize sports betting in Minnesota. MN HF 1278, or the “Safe and Regulated Sports Gambling Act of 2019”, has everything that other states’ bills have, but with one major difference … Read more

Rhode Island Senate Approves Mobile Sports Betting

mobile betting

PROVIDENCE, R.I. – The State Senate in Rhode Island passed mobile sports wagering legislation in a 31-4 vote that would allow bettors to wager anywhere within state borders. The legislation is RI SB 37 and authorizes sports wagering through a mobile device. This will be done … Read more

MLS Will Be “Aggressive As Any Other League” Regarding Sports Betting

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The MLS will soon join the ranks of the other professional sports leagues that have partnerships with gaming companies. In an interview with Sports Illustrated on Tuesday, MLS Commissioner, Don Garber, spoke on the how the MLS will adjust to sports gambling legislation. The partnerships … Read more