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

High-Risk Bank Loans For Sports Betting Approved In Tennessee

Twin Spires - Tennessee Lottery

Tennessee lawmakers approve high-risk flex loans for lenders to coincide with the Action 24/7 sportsbook. This will act as a store for sports bettors to deposit gambling funds as well. The annual interest rates are up to 279.5%. NASHVILLE, Tenn. – In an interesting twist … Read more

DraftKings To Feature DRL Betting Odds With Partnership

Drone Racing League - DraftKings

DraftKings has partnered with the Drone Racing League to offer drone racing betting. The Drone Racing League Championship will take place on January 9. BOSTON — On Friday, DraftKings announced their partnership with the Drone Racing League (DRL) and are now able to offer betting … Read more

Gov. Ned Lamont Wants Legal Connecticut Sports Betting In 2021

Governor Ned Lamont

Governor Ned Lamont wants to legalize sports betting in Connecticut in 2021 and work with states like New York and New Jersey to grow the market that much more. Connecticut has enough money saved to squeak by without needing to make enormous cuts to vital … Read more

Online Iowa Sportsbooks No Longer Require In-Person Registration

DraftKings Sportsbook

Iowa will forego in-person mobile sportsbook registration beginning in 2021. The Iowa sports betting law only required the in-person stipulation to be enforced until the end of 2020. On Jan. 1, all mobile sports wagering platforms in Iowa can be joined and used remotely by … Read more

Sports Betting Gift Cards Now Available At Retail Stores

Sports Betting Gift Cards

Sports betting gift cards can be used to make deposits into online sportsbooks. These gift cards include the Game On Card presented by BlackHawk Network and MetaBank and the DraftKings gift card. Sportsbook gift cards can be found in states with legal sports betting including … Read more