LegalSportsBetting Brief: States, Sportsbooks Show Financial Growth 11/17/2020

Flutter - DraftKings

DraftKings and Flutter (FanDuel) both did surprisingly well as can be seen with the release of their Q3 reports. Illinois, Indiana, and Washington DC all saw growth in their monthly sports betting revenue numbers, showing the NFL making a big impact on gambling activity. The … Read more

Tennessee Sports Betting Rakes In $27 Million In First Eight Days

Titans Stadium

Tennessee sports betting launched on November 1. On the first day, over $5 million was wagered in the state. Tennessee is the only state in the country that has online-only sports betting. NASHVILLE, Tenn. – Within just the first eight days of launching sports betting, … Read more

DraftKings Shows Financial Growth With The Release Of Q3 Report

DraftKings Stock

DraftKings has increased its year-on-year revenue growth by almost 100% for its third quarter their reports show. The sports betting company attributes this tremendous increase to many different factors, one of which being that they are now live in ten states with a mobile platform. … Read more

LSB Feature: FuboTV Plans To Enter The Sports Betting Market

FuboTV - Sports Betting

FuboTV announces to its investors plans to enter the sports betting market. Several television networks have connections with sports betting. Fax Sports and ESPN incorporate sports betting in their programs. NEW YORK – FuboTV has just announced its foray into the sports betting world and … Read more

CFB Daily Fantasy: Best Picks For DFS Saturday 11/14

D’Eriq King

Top picks for College Football daily fantasy at each position this Saturday include Miami quarterback D’Eriq King available on DraftKings for $9,300. Other top choices include Micheal Penix Jr. from Indiana ($7,200), Ian Book of Notre Dame ($7,000), Javonte Williams from North Carolina ($9,500), and … Read more

VA Lottery Flooded With Sports Betting Applicants, Must Choose 12

Virginia Lottery - Sportsbooks

The Virginia Lottery received 25 applications from various sportsbook operators to open up businesses in the Commonwealth but can only give out 12 licenses by law. The legal sports betting market in Virginia is expected to launch in 2021. Sports wagering in the Old Dominion … Read more

DraftKings: An Inside Look Into Betting On The Masters In 2020

Paul Casey

DraftKings partner, Bryson DeChambeau, opened as the favorite to win the 2020 Masters at +700 odds and fell to +2000 at one point in the first round. The Masters opening round was delayed due to poor weather conditions but has since resumed. Tiger Woods is … Read more

Will IL Gov. Pritzker Extend Remote Sportsbook Sign-Ups For 5th Time?

Governor J.B. Pritzker

Illinois has been allowed to register for mobile sports betting platforms remotely since June. Governor J.B. Pritzker has to decide whether or not to allow the continued availability of remote sportsbook registration as the current order expires Saturday. Since opening remote registration for sports wagering … Read more

Revenue Report Shows Indiana’s Sports Betting Bread Keeps Rising

Indiana sportsbook

Indiana sports betting handle was up more than $20 million for October over September’s reported figures. Sports bettors in Indiana preferred mobile applications like DraftKings and BetMGM, who did the most business when compared to other internet platforms for the month. Over 80% of Indiana’s … Read more

Iowa’s Sports Betting Revenue Signals Online Sportsbooks Are King

Iowa Sports Betting

Iowa’s sports betting revenue numbers for the month of October have been released by the Iowa Racing and Gaming Commission and have shown a substantial growth from last year. Online sports betting in the state has played a big role in this growth with an … Read more