LSB Brief: Sports Betting Actions & Transactions Nationwide

Sportsbook

Florida has not yet been approved by the U.S. Department of the Interior to regulate sports betting but they have already been hit with their first lawsuit on the subject. Connecticut is gearing up for a launch of their sports gaming market in the 2021 … Read more

Bettor Up: The MLB & DraftKings Broaden Partnership Offerings

DraftKings - MLB

DraftKings and the MLB will begin offering sports bettors more ways to get involved with gambling on baseball beginning Monday with the Home Run Derby. Live-In game sports betting on baseball games will now be available on DraftKings sports betting platforms under the “Bet & … Read more

Add Patent Infringement To The List Of What DraftKings Offers

DraftKings - Lawsuit

DraftKings is being sued on claims of patent infringement by Winview, a Toronto-based gaming company. The case will take place in New Jersey where the lawsuit was filed. Winview claims their geolocation and live-betting technologies were taken by DraftKings and they are seeking financial compensation … Read more

Will ESPN Be The Next Media Company To Launch A Sportsbook?

ESPN

• Sources say ESPN is going “all in” on sports betting while Sports Illustrated is moving to launch SI Sportsbook and FOX Bet has seen some success in the betting world. BRISTOL, Conn. – ESPN may be the latest sports media company to lean in … Read more

FanDuel, DraftKings DFS Operations To Remain In Connecticut

FanDuel - DraftKings

Connecticut regulated sports betting officially which caused some issues with daily fantasy sports (DFS) operators needing to partner with a local sportsbook. The Connecticut Lottery Corporation offered temporary licenses to FanDuel and DraftKings to allow them to continue operating in Connecticut. The licenses will last … Read more

Florida Sports Betting Lawsuit Centers Around Mobile Sportsbooks

Florida Seminole Compact Lawsuit

The Seminole Tribe of Florida’s new Tribal Gaming Compact is being hit with a lawsuit before it’s even been approved by the U.S. Department of the Interior. The main focus of the lawsuit is the mobile sports betting aspect of the industry but overall, the … Read more

July 1 Marks First Day Of Connecticut Regulated Sports Betting

Connecticut Sports Betting

Connecticut sports betting is officially regulated in its lawbooks starting July 1 but sportsbooks have yet to launch in Connecticut. July 1 is also the last day Daily Fantasy Sports (DFS) operations can run in Connecticut without partnering with a sportsbook. HARTFORD, Conn. – Sports … Read more

Sports Betting Handle In Nevada Sees Spike Up In May

Nevada Sportsbook

The Nevada Gaming Commission released its revenue report, showing that $477.2 million was wagered in May. This is a 4.9% increase month over month but sports betting revenue is slightly down. CARSON CITY, Nev. – Sports betting in Nevada continues to thrive, seeing increases in … Read more

LSB Brief: ME, CT, & NY Sports Betting Progress 06/29/2021

Maine Gov Janet Mills

Maine Governor Janet Mills has until June 30 to decide on sports betting legislation for the state that is currently in her possession. The Connecticut Lottery will be announcing its top three choices for a sports betting platform on Monday. New York is allowing for … Read more

Illinois Celebrates Two Years Of Regulated Sports Betting

Illinois Sportsbook

Illinois has had a regulated sports betting industry for two years. Over the last year, since going live in March of 2020, the state has collected $4,144,742,113 in wagers from both retail and mobile sportsbooks combined. The bulk of Illinois sports wagering is done through … Read more

The Match 4 – Koepka To Caddy For Phil Mickelson, Tom Brady?

Brooks Koepka

Sportsbooks are asking sports bettors if pro golfer Brooks Koepka will caddy for Tom Brady and Phil Mickelson during The Match 4 tournament next month. The heavily favored answer to the wager is that Koepka will not be caddying for the duo. The Match 4 … Read more

Hearing In Massachusetts For Sports Betting Bills Shows Interest

Massachusetts Legislature

The Massachusetts Legislature has 19 sports betting proposals to consider for passage in 2021. At the moment, the consensus is to have a mobile and retail sports wagering market open in the Bay State. But collegiate sports gaming is something that lawmakers are split on … Read more