BetOnline offering a $500,000 NFL MegaContest for the upcoming 2022-2023 NFL season. Circa Sports is offering $6 million in total guaranteed prizes for its Million Pro Football Contest. Westgate is hosting $1,105,000 in grand prizes for its NFL contest. LAS VEGAS – The 2022-2023 NFL … Read more
Over $141 billion have been bet on sports at regulated US sportsbooks since 2018 and over $10 billion in sports betting revenue has been reported by sportsbooks. States with regulated betting have now seen approximately $1.5 billion in tax revenue from local sportsbooks. There is … Read more
David Highhill has been announced as the new VP and general manager for the NFL, a brand new position in the league. Highhill initially ran the go to market sports betting initiatives while under the corporate strategy group for the NFL. This position further shows … Read more
Nevada sportsbooks saw $582.5 million in wagers for April 2022. While this is a major drop compared to March, this is up 28.1% year over year. Pennsylvania reported $572.8 million in bets with over 90% of the wagers coming from online operators. Virginia sportsbooks saw … Read more
A power struggle within the Jacksonville Jaguars has caused a surprising player to become the betting favorite to be the first overall pick. Regardless of who is picked first, the 2022 NFL Draft’s first overall pick will have the shortest odds since at least 2018. … Read more
Aidan Hutchinson has been the betting favorite to be the first overall pick for a little over a month, but Travon Walker’s rise has shortened Hutchinson’s odds. NFL Draft betting odds have Malik Willis the favorite to be the first overall pick, but if Kenny … Read more
In the first month with mobile sportsbooks available in New York, the state brought in over $1.6 billion in sports betting revenue and over $112 million in revenue. As a result, New York has become the largest sports betting market in the United States and … Read more
This year’s Winter Olympics in Beijing is expected to be the most-bet Olympics ever, with 30 states now offering at least some sort of state-regulated sports betting. There are some potential obstacles in the way, however – there have been over 100 reported COVID cases, … Read more
Two cardrooms in California have filed a lawsuit against Secretary of State Shirley Weber; in the suit, the plaintiff claims that the ballot initiative violates California’s constitution. There are four ballot initiatives currently being pushed – of these four, only the proposal that the cardrooms … Read more
Chicago has lifted restrictions on stadium-based sportsbooks in the city, opening up professional sports teams to the opportunity of hosting their own sportsbook at their venue. Louisiana’s mobile sports betting industry is on-track to launch prior to this season’s Super Bowl in mid-January, according to … Read more
Hard Rock International, owned by the Seminole Tribe of Florida, announced an agreement to acquire The Mirage Hotel and Casino fr om MGM International for $1.075 billion on Monday. The Seminole Tribe will become the first tribal operator on the Las Vegas Strip and just … Read more
Underdogs covered the spread in nearly 60% of November’s NFL games, with 23 point-spread underdogs completing outright upsets. Six of the 14 NFL matchups this week feature 7-point spreads or larger, pointing to another potentially big week for both underdogs and sportsbooks. LAS VEGAS – … Read more