New Jersey Sports Betting Handle Dips Slightly In July

New Jersey Revenue

New Jersey saw $578.7 million wagered on sports in July. This was a decrease of 25% month-over-month compared to June’s betting handle. This is the first time since July 2020 that sports betting handle fell under $600 million in the Garden State. TRENTON, N.J. – … Read more

Arizona Has A New Sportsbook Operator With Betfred Sports

Betfred In Arizona

Betfred Sports will now be a sports betting operator in Arizona. Arizona will have mobile and land-based sportsbooks launch in the state beginning on September 9. As of Thursday, twelve operators have been approved for licenses with eight more slots open because there is a … Read more

NFL Betting – Can Any Team Go 17-0 Or 20-0 On The Season?

tombrady

There are (+1200) odds posted on sportsbooks for a team to go 17-0 on the season. A $38k bet has already been placed on the Tampa Bay Buccaneers to go 17-0 for the 2021-2022 NFL season. TAMPA—Going for a perfect regular-season record in the NFL … Read more

North Carolina On A Slow Crawl To Regulated Mobile Sports Betting

North Carolina Sportsbooks

Mobile sports betting legislation for North Carolina is back on the table with Senate Bill 688. The bill passed in its first special committee hearing with plenty more of them to go but insiders believe this to be a good sign for future approvals. Senate … Read more

LSB Brief: Michigan, New York, Wyoming, Caesars 08/03/2021

sportsbooks

Michigan recorded over $1 million in sports betting tax revenue for the first time. New York published their final round of Q/As regarding their sports betting regulations. The Wyoming Gaming Commission is hoping to launch by the NFL season after approving rules. With Caesar’s acquisition … Read more

LSB Brief: States Pushing For Sportsbook Launches By Fall 07/20/2021

Maryland Lottery & Gaming Commission

Maryland should launch their sportsbooks by the end of 2021 if they remain on schedule. Louisiana has licensed DraftKings as their first DFS operator and plans to go live with sports wagering for NFL betting action. The Mohegan Tribe in Connecticut has switched to FanDuel … Read more

PA Sports Betting Handle Passes $5 Billion For FY 2020/2021

Pennsylvania Sports Betting

More than $447.4 million was wagered on sports in Pennsylvania in June. Sportsbooks saw over $42.4 million in revenue. Pennsylvania saw more than $5.5 billion in sports betting handle for fiscal year 2020/2021. HARRISBURG, Pa. – Sports betting fans in Pennsylvania have been active in … Read more

Arizona Diamondbacks To Launch In-stadium Sportsbook Via Caesars Deal

Arizona Diamondbacks Stadium

Caesars announced Thursday they will be opening a sportsbook venue inside of Chase Field, the home of the Arizona Diamondbacks. PHEONIX, Ariz. – Fans of the Arizona Diamondbacks and sports betting just received an early Christmas present. Announced Thursday, Caesars sportsbooks will be opening a … Read more

NFL Goes All In With DraftKings, FanDuel, Caesars Partnerships

NFL - Caesars - DraftKings - FanDuel

The NFL now has sportsbook partnerships with Caesars, DraftKings, and FanDuel. The 2021 NFL season will see all three of these sports betting operators featured on different networks with betting lines as well as on their individual platforms for wagering. Billions of dollars stand to … Read more

Mobile Sports Betting Revenue Included In NY Budget Bill

Mobile Sports Betting Revenue Included In NY Budget Bill

New York’s budget bill proposal passed by majority vote on Monday night in both chambers with online sports betting listed as a revenue source. There are three bills currently open for the legalization of mobile sports betting in the New York State Assembly. Governor Andrew … Read more

LSB Feature: Why Marketers Are Betting Big On Sports Betting

Marketing Sports Betting

The sports betting market will grow to $9.2 billion by 2025 according to a report by J.P. Morgan. DraftKings was estimated to spend $93 million on advertising through the first three quarters of 2020. Major media outlets such as ESPN, FOX Sports, and Bleacher Report … Read more

Non-Profits Running Online Sports Betting In MD Is Being Proposed

Maryland State Fairgrounds

The 2021 Maryland General Assembly session will be given the task of coming up with the rules and regulations for the sports betting industry that was legalized in November 2020 by public vote. A new piece of legislation is requesting that the Maryland State Fairgrounds … Read more