A ruling on the long-standing lawsuit may be coming soon. The New Jersey Thoroughbred Horsemen’s Association initially sought $150 million in lost revenue as well as the $3.4 million bond applied by the leagues. Judge Freda Wolfson denied the claims for lost revenue, but a … Read more
The Washington Nationals now have a sportsbook to call their own in BetMGM. BetMGM will offer the Nationals a mobile sports betting application as well as an open venue in Nationals Park to gamble during the games. WASHINGTON – The Washington Nationals now have an … Read more
Online sports betting platform Simplebet has announced the launch of a new “Micro-Market” dynamic live betting system in Washington D.C. Bettors in D.C. will be able to live wager on nearly every aspect of NFL, NBA, and MLB games, which will be available via a … Read more
The New Jersey Thoroughbred Horsemen’s Association (NJTHA) of Monmouth Park Racetrack is hoping to win $3.4 million from the professional sports leagues from an issue that happened in 2014. This case has faced a handful of judges and each time the leagues have won. Monmouth … Read more
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 increases in sports betting revenue. … Read more
Oregon made a record in monthly revenue for November, seeing over $4 million for the month. Year-to-date revenue totals for the Beaver State are posted at $17 million. Football continues to reign as the biggest sport for gambling activity, accumulating 59% of November bets on … Read more
Oregon posted an increase in sports betting activity and revenue for the month of October. The most bet on sport with the Scoreboard app in Oregon was the NFL, and football in general. PORTLAND – Sportsbooks across the nation are posting increases in handle and … Read more
Nevada had a record-breaking month in sports betting handle for the state with $660 million in wagers. They lagged 18% behind the national record for handle of $803 million that is held by New Jersey. LAS VEGAS – Nevada posted their October sports betting numbers, … Read more
Sports betting in Massachusetts may need to wait until 2021 to see any type of legislation passed for the market. Projections for annual revenue from a legal sports betting industry in the Bay State were estimated to be anywhere from $20-$35 million. BOSTON – Governor … Read more
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
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
Legal retail sportsbooks in major sports stadiums are becoming more popular and are seeing success in the few months they’ve been open despite being in a pandemic. Since August, different major US sports teams have partnered with sports betting operators to begin offering their fans … Read more