Black Friday Sports Betting Deals: Top Bonuses Exclusive For This Weekend

Black Friday Sports Betting Deals: Top Bonuses Exclusive For This Weekend

Each US sportsbook is offering a promotion for Black Friday. While sports betting Black Friday deals aren’t common, they are starting to hit the print. Bovada offers the best sports betting promotion this weekend, letting users earn up to $1000 in free play with code … Read more

Legal Sports Betting Brief: Animal Gambling and NJ Casino

New Jersey Legislature

Indiana lawmakers introduced SB 423, which looks to modify euthanasia rules for underground animal fighting. New Jersey sportsbooks could see an ease from underage gambling, as NJ legislators attempt to increase the under 21 gambling penalty. ATLANTIC CITY, N.J. – Two betting regulation bills made … Read more

States Using $1.5B Sports Betting Tax For Education, Vets

Sportsbook

Over $141 billion have been bet on sports at regulated US sportsbooks since 2018 and over $10 billion in sports betting revenue has been reported by sportsbooks. States with regulated betting have now seen approximately $1.5 billion in tax revenue from local sportsbooks. There is … Read more

NJ Sports Report Record High $1.3B In Bets For January 2022

New Jersey Sportsbook

The New Jersey Division of Gaming Enforcement reported a record-breaking $1.3 billion was wagered in sports in January. 90% of the total betting handle came from mobile sportsbooks but revenue is slightly down 26.9%. TRENTON, N.J. – The New Jersey sports betting market has managed … Read more

Atlantic City Casinos Relying On Mobile Sportsbooks

New Jersey Sportsbook

After COVID-19 lockdowns led to New Jersey casinos leaning into online sports betting, the state is seeing an increase in sports betting handle and hold percentage. While online sports betting is seeing historic increases, casinos are struggling to return to their pre-COVID handle and revenue … Read more

Sports Betting Could Benefit Tourism In Chicago, New Orleans

Harrah's - New Orleans

Chicago has lifted restrictions on stadium-based sportsbooks in the city, opening up professional sports teams to the opportunity of hosting their own sportsbook at their venue. Louisiana’s mobile sports betting industry is on-track to launch prior to this season’s Super Bowl in mid-January, according to … Read more

New Jersey Going Forward With Casino Tax Cuts

New Jersey Legislature

New Jersey legislators are moving forward with S4007 after the New Jersey Budget and Appropriations Committee approved the bill on Monday. The bill would reduce the required payments from casinos under the PILOT arrangement and prevent the use of sports betting and online gambling revenue … Read more

It’s Official! NJ Sportsbooks Surpass $1 Billion In Monthly Handle

New Jersey Sportsbook

New Jersey sportsbooks see $1.01 billion in total betting handle in September 2021. Sports betting revenue spiked 82.9% month-over-month for $82.4 million. Football bets accounted for more than $400 million of total bets. TRENTON, N.J. – Sportsbooks in New Jersey saw a massive 35.1% increase … Read more

New Jersey Sees Monthly Sports Betting Loss In April, Yearly Growth

New Jersey Sports Betting

Sports betting in New Jersey saw a 13% decline month over month in April. Sports betting is up 1,270% year over year. The decline can be attributed to the ending of March Madness betting. TRENTON, N.J. – New Jersey sportsbooks saw a slight decline in … Read more

LSB Feature: Can Sports Betting Be A Legitimate Side Hustle?

Sportsbooks vs. DFS

According to a survey run by Whistle Wise Quantitative Research, 76% of young sports betting fans view legal sports betting as a form of entrepreneurship. Americans bet billions on sports every year. Many prominent figures have made a living off of sports betting. LAS VEGAS … Read more

DraftKings Fined By The NJ Division Of Gaming Enforcement

DraftKings Fined!

DraftKings has been hit with a $10,000 fine by the New Jersey Division of Gaming Enforcement (DGE). This stems from a self-exclusion violation. DraftKings allegedly sent promotional mailings to 11 self-excluded patrons which is against the New Jersey sports betting regulations. TRENTON, N.J. – Popular … Read more