Australian Sportsbook PlayUp Launches In Colorado, NJ Next

PlayUp

PlayUp officially launches in Colorado as it enters the US sports betting market. PlayUp raised $12.5 million in Capital Raising to enter the US market. New Jersey is the next market PlayUp hopes to launch in. DENVER – Colorado sports betting fans will now have … Read more

LSB Feature: How The US Sports Betting Market Stacks Up Against The World

Betting Markets

The U.S. saw major growth in legal sports betting in 2020. Other markets such as the UK, Australia, and Mexico have long-established regulated sports betting. The US holds up against these long-standing markets with only half the country having legalized sportsbooks. ATLANTIC CITY, N.J. – … Read more

FanDuel Owners Show Biggest Market Share In U.S. Sports Betting

Flutter

FanDuel parent company Flutter Entertainment shows that their online gambling imprint in the US is the largest operation. FanDuel pushed US gaming revenue up 81% in 2020. Flutter Entertainments US base is 40% larger than its closest competitor DraftKings. DUBLIN, Ireland – FanDuel has seen … Read more

NY Online Sportsbooks Could Bring State $100M Annually Says Study

Spectrum Gaming Group

An official study on the potential revenue for mobile betting in New York has been released by Spectrum Gaming. Lawmakers in New York are finally in favor of bringing mobile sports betting to the Empire State. The study projects a potential annual revenue stream of … Read more

LSB Feature: The Impact Mobile NY Sports Betting Will Have

Mobile Sports Betting

New York is finally considering regulating mobile and online sports betting. Markets like New Jersey and Pennsylvania benefit from NY bettors traveling to bet on sports online. New Jersey saw over $996 million in sports betting activity last month. ALBANY, N.Y. – Local New York … Read more

NJ Sports Betting Handle, Inches Away From $1 Billion In December

New Jersey Sportsbook

New Jersey has seen $996.3 million in sports betting activity in December. This is the highest sports betting month since launch. New Jersey collected a record-breaking $66.4 million in sports betting revenue. TRENTON, N.J. – New Jersey has continued to be one of the biggest … Read more

Bally’s Strikes Deal To Launch Online Sports Betting In Iowa

Bally's Online sports betting

Iowans will now have a Bally’s sportsbook available to them come the beginning of the new year. The gambling powerhouse has made a deal with Elite Casino Resorts in Iowa to open a mobile sports betting platform in the state. Iowa will be the first … Read more

Bill To Expand NJ College Wagers Moves Forward In Legislature

Rutgers - New Jersey Sports Betting

SCR133, an amendment bill to the New Jersey sports betting law that would allow all college games to be open for wagers, is currently being heard in the New Jersey State Legislature. If the bill passes, voters in the state would have to be in … Read more

Bally’s In Atlantic City Set To Open A FanDuel Sportsbook

Bally's Casino

FanDuel will be opening its second sportsbook in New Jersey at the Bally’s Atlantic City Hotel & Casino. This will be FanDuel’s second retail location in the Garden State, which will have a permanent spot at the casino by the Spring of 2021. ATLANTIC CITY, … Read more

PASPA’s 28th Anniversary – Its Unintended Effects On US Sports Betting

PASPA Anniversary

The Professional and Amateur Sports Protection Act of 1992 (PASPA) was enacted as law on October 28, 1992. Since it’s repeal in 2018, billions of dollars have been made in combined revenue from the legal sports betting industries across the United States. WASHINGTON – October … Read more

Freehold Raceway Playing Catchup In NJ Sports Betting Market

Freehold Raceway

Freehold Raceway has opened a sportsbook and entered the booming New Jersey sports betting market. The racetrack location may bring in more customers by providing a closer location to place sports wagers. The online platform of the sportsbook is waiting for approval and officials believe … Read more

Sporttrade NJ Sportsbook Is Coming Via Twin River Holdings

Twin Rivers - Sporttrade

Sporttrade has entered a new partnership with Twin River Holdings. Now Sporttrade will have the ability to open a sportsbook in New Jersey. Twin River Holdings have gained a good number of partnerships since the start of the pandemic. ATLANTIC CITY, N.J. – Early on … Read more