Class Action Lawsuit Filed Against FanDuel For Alleged Deception

FanDuel Lawsuit

Andrew Melnick has filed a lawsuit against Betfair Interactive/FanDuel Sportsbook alleging the sports betting provider gave false information on wagers. The lawsuit claims the FanDuel’s live betting odds during NCAA basketball games were inaccurate. Discrepancies between the sportsbook’s information and the actual information in the … Read more

FanDuel Owners Show Biggest Market Share In U.S. Sports Betting

Flutter

FanDuel parent company Flutter Entertainment shows that their online gambling imprint in the US is the largest operation. FanDuel pushed US gaming revenue up 81% in 2020. Flutter Entertainments US base is 40% larger than its closest competitor DraftKings. DUBLIN, Ireland – FanDuel has seen … Read more

Virginia Sports Betting Handle Erupts In First 11 Days

Volcano Odds - Virginia Sportsbooks

Virginia rakes in almost $58.9 million in wagers in just 11 days of activity. The state also saw over $3.2 million in revenue. More sportsbooks are expected to launch with new bills making it to the governor’s desk. RICHMOND, Va. – Sports betting in Virginia … Read more

LSB Feature: Why Marketers Are Betting Big On Sports Betting

Marketing Sports Betting

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

January Shows Betting On Sports In Tennessee On The Rise

Tennessee Sports Betting

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

Ohio Grocery Stores Want In On Legal Sports Betting

Supermarket Betting

The Ohio Legislature continues to hear testimony about the benefits that a legal sports betting market would bring to the state. Oddly enough, grocery stores in Ohio have come forward to request inclusion in any legislation for sports wagering to be eligible to offer the … Read more

Pennsylvania Sees Record-Breaking Sports Betting In January

Mohegan Sun Sportsbook

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

New Jersey Sports Betting Revenue Hit An All-Time High In January

Borgata New Jersey Sportsbook

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

Indiana Sees Record-Breaking Betting Handle To Start The Year

Indiana Sportsbook

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

Kansas Sports Betting Bill Has Second Day Of Readings

Hollywood Casino at Kansas Raceway

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 Fails To Move Sports Betting Legislation

Arizona Capitol

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

Online Sportsbooks Crash With Overwhelming Amount Of SB 55 Bets

FanDuel Iowa Sportsbook

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