Mattress Mack Is Back: Puts $1M On Houston Cougars To Win It All

jim mcingvale

Jim McIngvale, also known as Mattress Mack, has grown a reputation for putting seven figure bets on Houston-based sports teams as well as underdogs. The Houston Cougars currently sit at 9-1 odds to win the NCAA Men’s College Basketball Tournament. The Houston Cougars are favored … Read more

LSB Feature: SPAC’s Influence In The Legal Sports Betting World

Wall Street Bull

Sportsbooks like DraftKings have gone public. Flutter Entertainment is considering making FanDuel its own company and making it go public. Diamond Eagle is looking to invest in sports betting company theScore. NEW YORK – The legal sports betting market has continued to bloom and more investment … Read more

Bill Proposals For Regulated Sportsbooks In CT Move Forward

Connecticut Legislature

The Connecticut General Assembly will be hearing bills regarding the regulation of mobile and retail sportsbooks in the state. Governor Ned Lamont wants to see regulated sportsbooks launch in Connecticut by the start of NFL season. HARTFORD, Conn. – With a deadline fast approaching as … Read more

DraftKings And American Cornhole League Partner For 2021 Season

American Cornhole League - DraftKings

DraftKings and the American Cornhole League (ACL) join forces for a new partnership. The partnership will make DraftKings the official sports betting partner of the ACL. Fans will find league-sponsored free-to-play pools on a national scale. BOSTON – Fans of the American Cornhole League (ACL) … Read more

Talking Sports Betting Ads During Problem Gambling Month

New Jersey Sportsbook Advertisement

Pennsylvania residents saw online gambling ads during Sabrina the Teenage Witch. Indiana sportsbooks have been advertising locally as well. European markets banned sports betting ads in the past. INDIANAPOLIS – With the continued popularity of legal sports betting and the increased competition in the market, … Read more

How Close Is North Dakota To Legalizing Sports Betting?

Fargo Dome

North Dakota could have legal sports betting by August 2023 if the Senate passes a duo of bills that have been placed before them after receiving passage in the House. ND HB 1234 would make retail sports wagering kiosks legal as well as mobile sportsbook … Read more

Virginia Lottery Licenses 2 More Sportsbooks: Golden Nugget, Bally’s

Virginia Lottery - Sports Betting

Virginia now has eight licensed sports wagering operators in the Commonwealth. The Golden Nugget Online and Bally’s have been given temporary licensure to open their mobile sportsbooks but each will likely launch in the summer rather than for March Madness. Virginia Governor Ralph Northam currently … Read more

Mobile Sports Betting Revenue Included In NY Budget Bill

Mobile Sports Betting Revenue Included In NY Budget Bill

New York’s budget bill proposal passed by majority vote on Monday night in both chambers with online sports betting listed as a revenue source. There are three bills currently open for the legalization of mobile sports betting in the New York State Assembly. Governor Andrew … Read more

Indiana Sports Betting Revenue Dips In February

Indiana sportsbook

January’s sports betting handle in Indiana was $348.2 million while February’s handle was $273.8 million. Before February, Indiana’s sports betting handle had increased for the past five months. Indiana sports betting generated $1,610,811 million in tax revenue during February. INDIANAPOLIS – Indiana’s sports betting handle … Read more

LSB Interview: March Madness Betting With Johnny Avello Of DraftKings

March Madness

Selection Sunday will take place this Sunday to find out who has made it into the 2021 March Madness Tournament. Gonzaga are currently undefeated and have taken in roughly 27% of the total betting handle at DraftKings to win the entire tournament. This will be … Read more

William Hill Sportsbook Is Now Live In Tennessee For March Madness

William Hill - Tennessee

William Hill’s mobile sportsbook launched in Tennessee on Thursday. The launch of the platform comes just in time for March Madness betting as the college basketball tournament begins on March 18 and goes all the way through to April 5. NASHVILLE, Tenn. – Tennessee sports … Read more