WASHINGTON – Wednesday’s U.S. Senate subcommittee hearing titled “No Sure Bets: Protecting Sports Integrity in America” was a lopsided battle between those speaking against and in favor of prediction markets. Those wanting more regulation for prediction markets included witnesses like American Gaming Association (AGA) President … Read more
The American Gaming Association is warning leagues to avoid creating partnerships with Kalshi and other prediction markets as states stake their claim to what is legal sports betting. A Colorado judge denied two tribes in Colorado their right to offer sports betting based on the … Read more
A record 68 million Americans expect to bet on Super Bowl 58, a 35% increase from last year’s numbers. The increased wagering translates to an expected $23.1 billion in total wagers on Super Bowl LVIII. Estimates from the American Gaming Association claim most Americans will … Read more
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 is expected to … Read more
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 … Read more
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
There are now 26 live sports betting markets nationwide marking the most ever in US history. Studies show that 45.2 million Americans will bet on the 2021-2022 NFL season. The NFL has also expanded to a 17-game regular season, allowing for an extra game to … Read more
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 million Americans will be … Read more
Nevada has shutdown any prospects for allowing remote sportsbook registration for mobile applications. The state will continue to require sports bettors to visit a land-based location to join mobile platforms for sports betting for the foreseeable future. LAS VEGAS – The state of Nevada is … Read more
AGA survey says 5 million fewer Americans plan to bet on the NFL during this season due to COVID-19 related factors and political activism in the league. Out of the number of adults planning to bet, a higher number of bettors are planning to wager … Read more
South Carolina representative Lindsey Graham along with Pittsburg athletic director Heather Lyke have pushed to outlaw betting on college sports. Lyke’s argument is the many states that prohibit wagering on in-state collegiate sporting events. Graham argues that college betting can have negative effects on students … Read more
The American Gaming Association (AGA) is requesting that President Donald Trump intervene to allow the gambling industry to collect Paycheck Protection Program (PPP) benefits. Over 1.8 million Americans across 43 states are out of work because of the casino shutdowns due to COVID-19. WASHINGTON – … Read more