Nevada Declines MLB Request To Ban Spring Training Betting

mlb_spring-training

LAS VEGAS – Major League Baseball is doubling down on its “integrity” strategy as Spring Training gets underway, asking the Nevada Gaming Control Board (NGCB) to pull the plug on all wagers being offered on its preseason contests. The NGCB, however, declined to stop state … Read more

MLB And Sportradar Partner To Sell Official League Data To Sportsbook Operators

mlb sporttrader deal

Sportradar is an international provider and seller of sports information and data Mark Cuban, Michael Jordan, and Ted Leonsis are all advisory board members for Sportradar This is MLB’s first major partnership involving sports betting outside of the U.S. With the rapid expansion of sports … Read more

Connecticut Public Hearing Opens A Major Debate On Sports Betting Exclusivity Rights

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Connecticut has two bills in the Public Safety and Security Committee discussing sports betting. Legalizing sports betting in Connecticut could bring in over $15 million in tax revenue. The state’s current tribal compact gives the two tribal casinos exclusive gaming rights. HARTFORD, Conn. – After … Read more

Monumental Sports To Make A Monumental Renovation Of Capital One Arena

capital-one-arena

WASHINGTON – Phase II of the $50 million renovations to Capital One Arena was announced by Monumental Sports & Entertainment earlier this week. Monumental Sports, who owns the venue, released their plans for the privately funded $15 million addition which includes adding a new scoreboard, … Read more

Kansas Sports Wagering Act May Include Mobile Apps; Betting At Local Restaurants and Bars

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TOPEKA, Kan. – Over a month has passed since the Kansas Sports Wagering Act was introduced to the State House of Representative and almost all options are still on the table. Kansas Rep. Francis Awerkamp gave new insight on the subject to the State Affairs … Read more

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