Are Esports Tournaments Also Being Canceled Due To COVID-19?

eSports Betting

E3 and TwitchCon have been canceled. Esports tournaments and championships have been canceled as well. NBA players are taking to Twitch. LOS ANGELES — With the rapid spread of the coronavirus, esports events and gaming conventions have been canceled or postponed to help prevent the … Read more

COVID-19 Crisis Forces Sportsbooks To Think Unconventionally

Australian Rules Football

Sportsbooks around the country have been forced to either close temporarily or turn to new sports to make up for lost revenue. Notable betting options now include Liga MX, UFC, and the Australian Football League. These options have been popular with American fans despite their … Read more

Sports Betting Stocks Take A Hit Due To Coronavirus

Casino Stocks

Many sports leagues around the world have suspended play or canceled major tournaments. Sports cancelations have led to sports betting stocks to take a hit. Industry heads are preparing to take hits due to the coronavirus for the next few months. NEW YORK – Sports … Read more

How Will COVID-19 Affect Sports Betting Revenue And Taxes?

No Sports - No Sports Betting

Sportsbooks in the United States could lose $2 billion in handle and nearly $200 million in revenue as a result of the COVID-19 pandemic. Local and state governments project to lose over $24 million in tax collections off this lost revenue. Even once the sports … Read more

Sports Betting Recap 03/12/2020: Man U Beatdown + Worldwide Soccer

LSB Recap - Manchester United vs. LASK

Coronavirus caused widespread cancellations, postponements, and suspensions of play in one of the most apocalyptic days in sports history. A handful of international soccer events were still played as scheduled. Manchester United (-132) extended their unbeaten streak in a 5-0 win over Austrian Club LASK … Read more

U.S. Sports Betting Legalization Is At Risk Due To COVID-19

Illinois Session Canceled

The Coronavirus is causing states like Maryland to hold their legislative sessions behind closed doors as a precaution. Other states are also considering this or suspending sessions altogether which could have an effect on sports betting bills being heard for legalization. CHICAGO – The Coronavirus … Read more

Coronavirus Causes Mass Basketball Tournament Cancellations

All NCAA Conference Tournaments Canceled

14 basketball conferences announced today that they would be canceling basketball championship tournaments, effective immediately. These cancellations included all power conferences: the ACC, Big 12, Big East, Big Ten, Pac-12 and SEC. Some conferences, including the SEC and Pac-12, have announced additional restrictions on athletic … Read more

Sports Betting Recap 03/11/2020: NCAA Tournament Surprises

LSB Recap - Syracuse vs. North Carolina

The Hornets (+425) earned a big upset win over the Heat. Washington State (+400) shocked NCAA Tournament-bound Colorado in the Pac-12 tournament. Syracuse (+2.5) reminded us that North Carolina isn’t very good with a blowout ACC tournament win. An open net goal in the closing … Read more

What Happens To NBA Future Bets After COVID-19 Suspends Season?

NBA Season Suspended

The NBA has suspended all NBA games until further notice. This is due to Utah Jazz player, Rudy Gobert, testing positive for the coronavirus. It is currently unknown what will happen to outstanding NBA futures bets that were placed. OKLAHOMA CITY – In an unprecedented … Read more

NCAA To Have Tournament “March Madness” Games Without Fans Amid Coronavirus Scare

No Fans

NCAA has announced the men’s basketball tournaments will continue without fans in attendance due to growing concerns of coronavirus spreading. The games will only have essential staff and limited family members in the stadium during the games. This announcement follows the NBA’s Golden State Warriors … Read more