The sports betting market will grow to $9.2 billion by 2025 according to a report by J.P. Morgan. DraftKings was estimated to spend $93 million on advertising through the first three quarters of 2020. Major media outlets such as ESPN, FOX Sports, and Bleacher Report … Read more
Sports betting handle spiked over $30 million from December to January in Tennessee. Over 60% of wagers taken in January were on the NFL postseason. Tennessee currently has only four operating mobile sportsbooks in the state. NASHVILLE, Tenn. – Native Miley Cyrus’ song “The Climb” … Read more
Major gaming powerhouse DraftKings has just announced the addition of baseball legend Cal Ripken Jr. to its advisory team. Ripken Jr. will serve as a special advisor to the CEO and board of directors, and will lead strategic insights on company plans, as well as … Read more
Sports betting fans in Pennsylvania managed to start the New Year with record-breaking numbers in wagers. The Keystone State saw more than $615.3 million wagered on sports in January. The state collected $11.5 million in taxes. HARRISBURG, Penn. – Those betting on sports in Pennsylvania … Read more
NJ sports betting fans wagered $958.7 million in January. The Garden State collected $82.6 million in revenue. Most wagers were made on basketball. TRENTON, N.J. – New Jersey continues to see major action in its legal sports betting market, collecting a record-breaking high in revenue … Read more
Senate Bill 1797 to legalize mobile and retail sports betting in Arizona along with daily fantasy sports has moved forward to its next Committee in the Arizona Legislature. The 2021 session has seen the first real combined efforts from Governor Doug Ducey, the Tribes of … Read more
New York’s four sports betting facilities posted a state record for revenue in January 2021 with a recorded $3.570 million in GGR. Rivers Casino and Resort brought in the most revenue with $1.429 million. The new wave of interest in NY sports betting is fueling … Read more
More than $348.2 million was bet on sports in Indiana in January. DraftKings was the most popular sportsbook. This is five consecutive months of Indiana breaking its monthly record for betting handle. INDIANAPOLIS – The Indiana sports betting market continues to see steady growth, boasting … Read more
Governor Ned Lamont has filed a bill to legalize sports betting in Connecticut. The Connecticut General Assembly has until June to approve the legislation. Retail and mobile sports betting would be made legal through the Governor’s proposal with a 2022 launch of the industry. HARTFORD, … Read more
Kansas heard more testimony for Senate Bill 84 that would make retail and internet sports wagering legal. Amendments were requested to be ready for the bill by February 24 when a vote will be taken. Senate Bill 84 has seen mostly favorable discussions with only … Read more
Arizona Senate Bill 1797 that would make retail and mobile sportsbooks legal in the state has stalled in the Senate. House Bill 2772, a bill legalizing the same things as AZ SB 1797, passed in its own committee and is ready to move forward. Both … Read more
Multiple regulated sportsbooks either crashed or saw technical difficulties during Super Bowl 55 due to heavy traffic. MGM Resorts sportsbook in Nevada couldn’t offer live in-game betting due to system failures. Barstool Sportsbook, FanDuel, BetMGM, and DraftKings all saw technical issues during the game. TAMPA, … Read more