LegalSportsBetting Brief: MI, VA Launch Online Sportsbooks 01/26/2021

Sportsbook Launch

Virginia and Michigan now have live mobile sports betting platforms for residents to use. Massachusetts, Mississippi, Nebraska, and Texas have all filed and/or introduced new legislation for legal sports betting. Pennsylvania and New Hampshire ended 2020 with new records in handle for the month of … Read more

Online Sports Betting In Virginia Welcomes DraftKings, BetMGM Next

DraftKings Virginia Betting

DraftKings launched their online sportsbook in Virginia before the start of the NFC and AFC Championship. Virginia marks the 12th state that DraftKings is operating. Remote registration is allowed for online sports betting in Virginia. RICHMOND, Va. – Online sports betting in Virginia is quickly … Read more

Louisiana Could See Fantasy Sports Launch In Spring

Fantasy Football Lineup

Louisiana approved daily fantasy sports legislation over two years ago. Operators can start applying for licenses in February. The final regulations for fantasy sports betting have been approved and the launch could begin as early as April. BATON ROUGE, La. – Daily fantasy sports (DFS) … Read more

PGA, American Gaming Association Partner For Safe Golf Betting

AGA - PGA

The PGA Tour and the American Gaming Association partnered to create golf betting content. The American Gaming Association has also partnered with the NHL and NASCAR as part of the Have A Game Plan Bet Responsibly campaign. PointsBet, DraftKings, FanDuel, and BetMGM are all of … Read more

PA Sports Betting Handle Breaks Record Once More In December

Pennsylvania Sport Betting

Pennsylvania sports betting handle reached $548.6 million in the month of December. The PA sports betting handle was made of 97.6% mobile bets. FanDuel’s market share was the highest for the month, taking in 38.8% of all bets in the state. HARRISBURG – The total … Read more

Legislation For Online Sports Betting In Mississippi Filed For 2021

Senator Scott Delano

The state legislature was introduced to Senate Bill 2396 that would make internet and mobile sportsbooks in Mississippi legal statewide. Legalized sports wagering Mississippi has been confined to brick-and-mortar venues since 2018. If passage is received in the House and Senate by March 26 and … Read more

Does Legal Minnesota Sports Betting Have A Shot In 2021?

Rep. Karla Bigham

Minnesota will see a new bill in 2021 that would make sports betting legal in the state at Tribal locations, followed by mobile platforms a year after the launch of the market. Legal sports betting in Minnesota has the potential to bring in $30-$40 million … Read more

LSB Feature: How Legal Sports Betting Raises Companies Value

Legal Sports Betting

FuboTV’s stock price went up by 35% just by announcing their intent to launch a sportsbook in 2021. DraftKings, Penn National Gaming, and MGM Resorts have all seen growth on the stock market as a result of their sports betting efforts. Many companies see positive … Read more

New York Sportsbooks Sees A Surge In Revenue For December

Rivers Casino

New York sports betting has grown exponentially from their December 2019 revenue figures to those seen in December 2020. The nine months of the current fiscal year has seen a total of $8.8 million in revenue for sportsbooks, even with the mandatory shutdowns that lasted … Read more

Indiana Hauls In Over $1 Billion In Sports Bets During 2020

Indiana Sportsbook

The Indiana sports betting handle in 2020 reached $1,236,467,298 in total. Football had the biggest handle of any sport in Indiana with $350 million. Parlays accounted for the second-highest sports betting handle in Indiana with $316,214,098 brought in. INDIANAPOLIS — Indiana broke through the $1 … Read more

NH Sports Betting Bill Would Allow Live Wagers At Retail Sportsbooks

Representative Tim Lang

A New Hampshire sports betting bill will go to the floor during the 2021 session to allow for more sports betting locations and live in-game bets at retail facilities. Representative Tim Lang, the sponsor of House Bill 330, believes he has a shot at getting … Read more

Mobile Sportsbooks In Michigan To Launch Within Days

Michigan Gaming Control Board

Online and mobile sportsbooks in Michigan, along with casino platforms, will be going live by the end of the month. The state will allow for up to 27 different operators to rollout gaming applications to the public with 15 already receiving temporary licensure status in … Read more