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LSB Feature: Why Marketers Are Betting Big On Sports Betting

LSB Feature: Why Marketers Are Betting Big On Sports Betting

by Hasan Nabulsi | Feb 27, 2021 1:41 pm | 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...
How 2020 Has Redefined The Legal Sports Betting Industry

How 2020 Has Redefined The Legal Sports Betting Industry

by Giovanni Shorter | Dec 31, 2020 8:30 am | Sports Betting

The sports betting market suffered early in 2020 due to the global coronavirus pandemic shutting down major sports from playing. Online sports betting grew in popularity with people being forced to stay home. Multiple sporting leagues running simultaneously led to...
New Study Says Sports Betting Will Work In Alabama

New Study Says Sports Betting Will Work In Alabama

by Jimmy Reinman | Dec 23, 2020 4:35 pm | Sports Betting

A new study finds that gambling and sports betting could bring over $700 million in annual tax revenue to the state of Alabama. Governor Kay Ivey is open to the idea which could allow Alabama to join states like Mississippi and Tennessee in allowing legal sports...
How To Bet On Sports When Traveling To A State With Legal Sports Betting

How To Bet On Sports When Traveling To A State With Legal Sports Betting

by Hasan Nabulsi | Nov 25, 2020 12:40 pm | Sports Betting

There are a total of 25 states that have legalized sports betting, 19 of which have active sportsbooks. Residency in a state is not required when betting on sports in a state with legal sportsbooks. Withdrawals can be made when travelers head home, but further bets...
How Legal Sports Betting Fared On The SD, VA, LA, MD Ballot

How Legal Sports Betting Fared On The SD, VA, LA, MD Ballot

by Hasan Nabulsi | Nov 4, 2020 12:05 am | Regulatory

In Virginia, all cities with casino gambling on their ballot approved of the measure. This could bring land-based sportsbooks to those areas. Question 2 which would legalize sports betting in Maryland, has passed. Voters in South Dakota will likely pass Amendment B...
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