DraftKings Secures Deal With NASCAR’s 23XI Racing And Bubba Wallace

23xiacing dk

DraftKings has become the first official sports betting and daily fantasy sports (DFS) partner of NASCAR star Bubba Wallace and 23XI Racing. This is an official sponsorship deal that debuted during the EchoPark Automotive Texas Grand Prix at Circuit of the Americas. Bubba Wallace will … Read more

Fantasy Sports In Connecticut Could Experience Blackout With Legislation

dfs ct

HB 6451 has passed in the Connecticut house to expand gambling and launch regulated sports betting. The new bill requires daily fantasy sports (DFS) operators to apply for new licenses. This would end DFS for a period in Connecticut. HARTFORD, Conn. – While the legal … Read more

Connecticut Sports Betting Legislation Sees First Passage

Connecticut House of Representatives

Connecticut is halfway through the Connecticut General Assembly with passages to regulate sports betting. The House of Representatives approved sports wagering legislation on Thursday where it is now on its way to the Senate for approval. Connecticut wants to go live with its sports gaming … Read more

Ohio Sports Betting Bill Receives A Variety Of Pushback

Ohio Legislature

Ohio sports betting legislation has been met with some opposition this week. Advocates of the sports wagering market would like to see Senate Bill 176 that would regulate mobile and retail sportsbooks in Ohio pass by June. With a June passage, the sports gaming industry … Read more

Florida Will Now Have Regulated Sports Betting In 2021

Florida House of Representatives

The Florida Legislature has passed legislation for regulated sports betting in the state. The Seminole Tribe of Florida’s new Tribal Gaming Compacts were approved that include roulette, craps, and retail and mobile sportsbooks. The industry is expected to go live in the Sunshine State on … Read more

Pennsylvania, Like Others, Sees Decline In Sports Betting Handle In April

Pennsylvania Sportsbook

Pennsylvania sportsbooks saw a 14.4% decline in activity in April. This comes as the college basketball betting season ended. Sportsbooks are expected to see an increase in May thanks to NBA betting. HARRISBURG, Pa. – Sports betting fans in Pennsylvania had less to wager on … Read more

Maryland Sports Betting Becomes Official With Gov. Signature

Governor Larry Hogan

Marylanders now have a sports betting industry to look forward to as Governor Larry Hogan signed House Bill 940 into law on Tuesday. The sports wagering legislation will have mobile and retail sportsbooks open in Maryland. The Maryland sports gaming market is expected to launch … Read more

Florida Sports Betting Begins Discussions In Special Session

Florida House

Florida should see the end result of newly negotiated Tribal Gaming Compacts that include sports betting on Wednesday. The state expects to see a minimum of $500 million a year in annual revenue from these new compact expansions. If all goes according to plan, sportsbooks … Read more

New Jersey Sees Monthly Sports Betting Loss In April, Yearly Growth

New Jersey Sports Betting

Sports betting in New Jersey saw a 13% decline month over month in April. Sports betting is up 1,270% year over year. The decline can be attributed to the ending of March Madness betting. TRENTON, N.J. – New Jersey sportsbooks saw a slight decline in … Read more

Michigan Sports Betting Revenue Dips In April But Hits Milestone

Michigan Sportsbook

Michigan online sports betting has made a national record for the quickest to reach the $1 billion mark, doing so in 99 days. April sports wagering action reported a drop in April when compared to March but that was expected by operators as March Madness … Read more

LSB Feature: Three Years Later, PASPA Fading Into Memory

PASPA Fading Into Memory

PASPA was repealed on May 14, 2018. Since the repeal, multiple states and Washington DC have regulated sports betting markets. Sportsbooks like DraftKings have gone public on the NASDAQ. NEW YORK – The repeal of the Professional and Amateur Sports Protection Act (PASPA) will possibly … Read more

The State Of Tennessee Sports Betting 6 Months, $1 Billion Later

Tennessee Fans

Tennessee has made a new national record for sports betting handle collected within six months, exceeding the billion-dollar mark. The sports gaming industry of Tennessee is currently undergoing a transition from having the Tennessee Education Lottery as the regulator to making the Sports Wagering Advisory … Read more