Cyber Attack On SBTech Could Cost Company Millions

SBTech Hack

SBTech software is used by different land-based and online sportsbooks and casinos. SBTech’s parent company has now set aside $30 million in the event that someone tries to sue the company over their recent cyber attack. SBTech was set to launch its merger with DraftKings … Read more

American Gaming Association Reaches Out To The President For Help

aga white house

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

Brazil Sports Betting Launch Pushed Back Until 2021

Brazilian Sports Betting

The coronavirus pandemic has caused a delay in sports betting regulations being passed. Sports betting has the potential to earn $3.7 billion a year in taxable revenue for Brazil. BRASILIA, Brazil – Due to the ongoing COVID-19 (coronavirus) pandemic, sports betting will not launch in … Read more

Could WV Lottery Approve FanDuel Presidential Betting? Unlikely

West Virginia Voters

The West Virginia Lottery is currently considering allowing sportsbooks in the state to offer betting on the 2020 Presidential Election and politics in general. The Mountain State would have been the first state in the nation to allow gambling on political events, however, Governor Jim … Read more

What Happens To Sports Bettors Money If Sportsbooks Go Bankrupt

Bankrupt Sports Betting Sites

Sportsbooks have been accumulating losses in profits due to the Coronavirus and professional sports being suspended worldwide. Each operator protects the funds of their customers differently and sports bettors should know if their money is being protected if these businesses cannot make it through the … Read more

Bernie Sanders Suspends Campaign – Updated 2020 Election Odds

Bernie Sanders

Vermont Senator Bernie Sanders has announced the immediate suspension of his presidential campaign, leaving former Vice President Joe Biden as the presumptive Democratic nominee. Biden (+125) is a slight underdog against incumbent President Donald Trump (-110) for the general election in November. The sociopolitical situation … Read more

Uneven February Revenues Must Carry Sportsbooks For A Long Time

Bankrupt Sports Betting Sites

Sports betting revenues will likely be severely reduced for at least the next several months because of the widespread sports shutdowns caused by COVID-19. U.S. sportsbooks were mostly unaffected by COVID-19 in February and managed to post $83.1 million in reported revenue during the month. … Read more

New Massachusetts Sports Betting Bill Being Considered

MA Governor Charlie Baker

The legislative session in Massachusetts adjourns on July 31 for the year. MA Governor Charlie Baker is an advocate to legalize sports betting in the state. Legal sports betting in Massachusetts could see an estimated yearly revenue of $20 million. BOSTON – Lawmakers have been … Read more

Table Tennis Betting, Soaring In Popularity Among Sportsbooks

Table Tennis Wagering

Sports betting operator William Hill has been collecting bets daily in the six-figure range on Russian and Ukrainian table tennis. Two weeks ago, the sportsbook received a 10-leg parlay wager for $50 on the table tennis match ups where the lucky sports bettor won almost … Read more

AGA CEO Not Satisfied With SBA’s Paycheck Protection Program

Bill Miller

American Gaming Association CEO Bill Miller is concerned about the ineligibility of gaming businesses for loans from the Small Business Association’s Paycheck Protection Program. Under the current guidelines, hundreds of thousands of casino and gaming industry employees will be left unprotected during the COVID-19 crisis. … Read more

William Hill Plans On Opening Sportsbooks In Maryland

William Hill

MD SB 4, a sports betting bill, passed before the Maryland state legislature adjourned. William Hill is making plans to operate a sportsbook in Maryland should voters approve sports betting on the November ballot. ANNAPOLIS, Md. – With sports betting possibly on the way to … Read more