Esports To See Continued Market Growth After Return Of Live Sports

Esports

Esports became a huge sports betting attraction on sportsbooks when regular sports went on hiatus because of the Coronavirus Pandemic. Market revenue crossed over into the billion-dollar threshold and the odds that they continue on that path over the next three years are high. SEATTLE … Read more

Sports Leagues Seek Dismissal Of $150 Million Claim From PASPA Case

NFL Commissioner Roger Goodell

The four major North American professional sports leagues filed to dismiss a $150 million legal claim by the New Jersey Thoroughbred Horsemen’s Association (NJTHA) on Monday. Their claim is predicated on the fact that the leagues were responsible for an injunction on legal New Jersey … Read more

Pennsylvania Sports Betting Revenues Are Slowly Stabilizing

Valley Forge FanDuel

Pennsylvania handled $74.8 million in sports wagers and earned $4.8 million in revenue in May—both sizable increases. Pennsylvania casinos are beginning to reopen in June, which could help sports betting revenues increase even more. The odds the Pennsylvania sports betting industry takes months to fully … Read more

AGA Finds 59% Of Gamblers Want Cash-Free, Online-Based Payment Options

Sportsbook Deposits

The American Gaming Association found that 59% of gamblers want to see a digital payment option available at land-based casinos and sportsbooks. Digital payment options must first be approved on a state by state basis before venues are allowed to offer them to patrons. The … Read more

New Jersey Sports Betting Revenue Sees Spike In May Numbers

New Jersey Sports Betting Revenue for January

The return of NASCAR, UFC, and PGA events have increased New Jersey sports betting revenue for the month of May by 276% from April’s numbers. Internet and mobile sportsbooks are the only betting sources available for gamblers in the Garden State as retail books are … Read more

VT Sports Betting Study Bill Gets Approval In Senate Committee

Vermont Senate

Senate Bill 59 would legalize a committee to study what a legal sports betting market could mean for Vermont. The measure passed in its second Senate committee and has until June 30 to make it through both the Senate and the House. A legal sports … Read more

7 IL Sportsbook Licenses Awarded, More Approval Needed For Mobile

Illinois Sports Betting

The Illinois Gaming Board (IGB) has issued seven new sportsbook licenses to casinos in Illinois. Fees from the licenses were able to give Illinois $40 million in instant revenue. The odds of each sportsbook launching depends on additional approval from the IGB. CHICAGO – Seven … Read more

NHL Series Qualifying Odds Set With July 10 Training Date

Boston Bruins Training Rink

After four months, the NHL is allowing 24 teams to return to training camp on July 10. The Pittsburgh Penguins (-210) are the strongest favorite in their opening series over the Montreal Canadiens, who have +175 odds. NEW YORK – NHL team training camps have … Read more

Indiana Sports Betting Revenue Shows Signs Of Recovery

Indiana Sports Betting

Indiana recorded $37.4 million in total sports betting handle in May and $3.2 million in revenue—a hold rate of 8.5%. Handle increased 42% from April and revenue increased 104%. Indiana sportsbooks appear to be on the road to recovery, but they won’t return to pre-pandemic … Read more