Newly Reopened Horse Racing Tracks Draw Huge Betting Handles

Horse Racing

Major horse racing tracks across the country are beginning to reopen (without fans) after an extended hiatus caused by the Coronavirus. Betting handle on races has increased greatly over similarly timed races in 2019. This suggests that the sports betting industry could rebound from its … Read more

Pennsylvania’s April Sports Betting Revenues Reached 11-Month Low

Pennsylvania Sportsbook

In April, Pennsylvania sports betting revenues reached their lowest point since May 2019. Pennsylvania’s betting handle and revenue were far lower than they’ve been in any single month since FanDuel launched its Pennsylvania sportsbook in July 2019. Relief won’t be possible until major sports leagues … Read more

Trump Looks For Balance Through Sporting Events

Donald Trump and Re-Opening Sports

Pro golf made its return this past weekend and President Donald Trump would like to see more of that. PGA Tour events will begin again in June while The PGA Championship is slated for August 3-9. JUNO BEACH, Fla. – President Donald Trump spoke about … Read more

Senator Addabbo Still Sees Online Sports Betting As The Solution

Senator Joe Addabbo

With the Coronavirus racking New York and greatly depleting its budget, mobile sports betting could provide tens or hundreds of millions of dollars in economic relief. New York residents can already enjoy mobile sports betting either in New Jersey or with international online sportsbooks. The … Read more

Bundesliga Betting: Arminia Bielefeld Favored Over VfL Osnabruck

Arminia Bielefeld

Bielefeld is a -145 favorite over VfL Osnabruck (+395). Arminia Bielefeld has a 4-0-1 record in their last five matches. This will be both teams’ first match since the start of the Covid-19 pandemic. BIELEFELD, Germany — The 2. Bundesliga is bringing soccer bettors some … Read more

Soccer Bettors Enjoying The Thought Of MLS Tournament Style Season

MLS

Reports say that the 26-teams will have a tournament to be hosted in Orlando in June ORLANDO – The Major League Soccer season that was suspended due to the COVID-19 outbreak has reportedly been set a return date for June. The league is looking to … Read more

PASPA And The Rise Of US Sports Betting – Two Years Later

PASPA 2nd Anniversary

The Supreme Court voted to overturn the Professional and Amateur Sports Protection Act (PASPA) two years ago. Since that decision, the popularity of sports betting has exploded in the United States, both in terms of participation and representation in pop culture. 23 states now have … Read more

NHL Commissioner Bettman Giving Hockey Bettors Hope For Season Return

NHL Commissioner Gary Bettmen

NHL Commissioner Gary Bettman is looking to continue the season, he feels optimistic with states reopening countrywide. Possibilities for continuing the season include playing games in British Columbia or Toronto. NEW YORK – The NHL season may be making a return at some point in … Read more

Italy Wants To Raise Taxes On Betting To Ease COVID-19 Losses

Italian Sports Betting

Italy is considering a tax raise of 0.75% on all gambling revenue that includes sportsbooks in the country. The “Revival Decree” is a proposal that would implement this tax raise to try and boost the economy in Italy as they try to come back from … Read more

Online Sports Betting To Rise After Rio Mayor Bans Retail Sportsbooks

Rio de Janeiro Mayor Marcelo Crivella

Marcelo Crivella has shut down all betting operations at retail providers due to the Coronavirus pandemic. All lottery tickets and sports betting in Brazil must occur with online outlets. RIO DE JANEIRO, Brazil – Mayor Marcelo Crivella announced his ban on retail lottery and sports … Read more