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OPINION: Legal Sports Betting Sites Shouldn’t Ban Cash Out

OPINION: Legal Sports Betting Sites Shouldn’t Ban Cash Out

by Michael Molter | Jun 13, 2023 3:17 pm | Sports Betting

Sportsbooks fail to regulate a common list of rules and take each bettor on a case-by-case basis. This means sportsbooks can restrict one bettor for something many other bettors are doing. Taking away the cash out feature for some shows favoritism toward the...
March Madness Expected To See $3.1B In Bets According To AGA

March Madness Expected To See $3.1B In Bets According To AGA

by Giovanni Shorter | Mar 15, 2022 11:52 am | Sports Betting

The American Gaming Association (AGA) estimates 45 million Americans will wager over $3.1 billion on the NCAA Men’s and Women’s college basketball tournament, better known as March Madness. This is a lower projected number of bettors compared to 2021, but more money...
Geocomply Report Shows 95% Increase In Betting For SB 56

Geocomply Report Shows 95% Increase In Betting For SB 56

by Sam Profeta | Feb 16, 2022 12:22 pm | Sports Betting

There was a 95% increase in online sportsbook accounts that bet on the Super Bowl this year. There were 5.6 million accounts used to bet on Super Bowl 56. There was an expected $7.61 billion betting handle for Super Bowl 56. LAS VEGAS – Following the conclusion of...
Pro Golfers In Support Of Legalized Sports Betting Industries

Pro Golfers In Support Of Legalized Sports Betting Industries

by Jerad Paparella | Oct 15, 2021 4:14 pm | Sports Betting

Several professional golfers went on record this week to show their support for sports betting, citing its role in growing the popularity of golf among a wider audience. PGA Tour viewership is seeing its best ratings in several years as legalized sports betting...
Global Sports Betting Revenue To Hit $179.3 Billion By 2028

Global Sports Betting Revenue To Hit $179.3 Billion By 2028

by Giovanni Shorter | Sep 7, 2021 11:20 am | Revenue

Zion Market Research released a study that projects the global sports betting market will reach $179.3 million in revenue by 2028. The global sports betting industry hit $131.1 billion in revenue for 2020. The American Gaming Association (AGA) has reported 45.2...
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