OPINION: MaximBet Opens Ugly Truth For Legal Sports Betting

Maxim Bet Shuts Down Operations

MaximBet shutdown just a few days after FuboTV announced their ceasing of operations. Cannibalization of sportsbooks may continue as sportsbooks struggle and customers lodge complaints. INDIANAPOLIS – Last week, MaximBet released a statement ceasing operations as a legal US sportsbook. Players will have to rely … Read more

CO Sports Betting Handle Hits Over $2B In Year One Despite April Dip

Nikola Jokic

Colorado sports betting sees slight dips in betting activity in April. Colorado still saw more than $200 million wagered on sports. In the first year of operation, more than $2 billion dollars was bet on sports in Colorado. DENVER – The Colorado sports betting market … Read more

Colorado Sports Betting Handle Breaks Record Again In Nov.

Colorado Sportsbook

Colorado saw more than $230 million wagered on sports in November. Over $18.3 million was generated in gross revenue. Colorado collected $800,000 in taxes from sports bets. DENVER – Colorado bettors have once again set the single month betting record in November as sports betting … Read more

Colorado Sports Betting Looking At May 1st Launch Date

Colorado Sports Betting Launch

Colorado is expected to launch both retail and internet sports betting on May 1. This date may be pushed back due to the COVID-19 outbreak. DENVER – Anyone involved with the new Colorado sports betting market would like to see a launch date of May … Read more