Residents may not see legalized Massachusetts sports betting in 2020 due to the Coronavirus pandemic. Senator Brendan Crighton believes that his bill, MA HB 4559, will be discussed again once the issues surrounding COVID-19 have been handled. An estimated $25 million could be made for … Read more
Tiger Woods is paired with Peyton Manning, as the duo is favored (-185) over Phil Mickelson and Tom Brady (+155). The event, “Champions for Charity”, will take place on May 24 at the Medalist Golf Club in Florida. HOBE SOUND, Fla. — The anticipated rematch … Read more
Johnny Nolon’s Casino will partner with The Carousel Group to operate a new sportsbook. The partnership will feature both mobile and retail sports betting. The company also expressed plans to venture into New Jersey as well. CRIPPLE CREEK, Colo. – The Colorado Division of Gaming … Read more
A new bill, HF 4597, was proposed in the Minnesota Legislature to provide financial relief to horse racing tracks throughout the state. A provision to allow short-term online pari-mutuel wagering on in-state events was removed from the bill after lobbying efforts from tribal gaming groups. … Read more
Iowa recorded record lows for both sports betting handle and revenue in April. COVID-19 shut down 6 Iowa sportsbooks entirely and relegated the other 13 to online wagers only. Iowa casinos could begin reopening by mid-May, but until major American sports leagues resume, sports betting … Read more
West Virginia handled only $1.9 million in April sports wagers and collected $124,000 in revenue—a 6.54% hold rate. These figures were drastic reductions from the pre-COVID-19 handle and revenue figures. While West Virginia is beginning to reopen, the sports betting industry won’t be able to … Read more
Legal sports betting in Colorado has gotten off to a rough start with the lack of engagement leading to new annual revenue estimates. New estimates show the state not making enough money to even cover the cost of launching their legal sports betting industry. DENVER … Read more
The Coronavirus pandemic has been leaving states with major gaps in their budget because shutdowns have halted incoming tax revenue. People in the sports betting industry think that states may begin to legalize sports betting quickly to gain a new source of revenue that will … Read more
The Nevada Gaming Commission has accepted new guidelines to reopen casinos in the state. Potentially, over 400 casinos can be reopened in the near future with limited capacity. The Commission claims that safety and health is their number one concern. LAS VEGAS – The Nevada … Read more
Wynn Resorts lost nearly $700 million in revenue in Q1 2020 compared to Q1 2019. The company’s stock price dropped by $84.87 (61%) from January 1 to March 31 as well. Some of Wynn’s losses are attributable to its decision to pay employees despite Wynn … Read more
The German soccer league Bundesliga will resume the regular season schedule on May 16 after receiving approval from the government to do so. Betting lines are already up for the first six matchups that will occur on day one of the comeback. Borussia Dortmond is … Read more
Penn National Gaming has lost money during the first quarter of 2020 because of the closures of their properties amid the Coronavirus pandemic. The company has enough money to withstand the remainder of the year if it should need to be closed that long. NEW … Read more