2014 NJ Lawsuit Could End In $3 Million Payday For Monmouth Park

Courtroom

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

How 2020 Has Redefined The Legal Sports Betting Industry

2020 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 increases in sports betting revenue. … Read more

LegalSportsBetting Brief: Ohio Fails To Pass Sports Betting In Session 12/30/2020

Ohio Sport Betting Legislation Fail

The Philadelphia 76ers and BetMGM have partnered and FanDuel Sportsbook entered a partnership with WarnerMedia’s Turner Sports. Ohio’s Legislature has adjourned for 2020 without passing Sub. SB 111 that would have allowed legal sportsbooks in the state. Alabama, Florida, and Georgia are all in talks … Read more

LegalSportsBetting Brief: NC To Launch Sportsbooks Next Year 12/22/2020

Governor Roy Cooper

North Carolina will have legal sports betting launch in 2021 at both Harrah’s locations in the state. Tribes in California received the required number of signatures to get legal sports wagering on the November 2022 ballot while Ohio continues to try for sports wagering legalization … Read more

Charles Barkley To Be The Face Of FanDuel For NBA On TNT

Charles Barkley - FanDuel

Former NBA superstar Charles Barkley will represent FanDuel during NBA on TNT broadcasts. FanDuel previously struck a deal with Turner Sports to give them access to NBA games on TNT. Morgan Stanley estimates that the United States sports wagering industry will bring in $7 billion … Read more

LSB Interview: NBA Betting Talk With Head Of DraftKings Sportsbook

Johnny Avello

The Los Angles Lakers are the preseason favorite to win the NBA Finals at +275 odds. Luka Doncic is favored to win the NBA MVP at +400 odds and has received the majority of the betting handle at DraftKings. The Houston Rockets are currently discussing … Read more

LegalSportsBetting Brief: NJ Sets New Record For Monthly Handle 12/15/2020

New Jersey Sportsbook

Connecticut looks favorable for sports betting legalization in 2021 while Oklahoma does not. New Jersey and Indiana both set records for handle in the month of November. Tipico Sportsbook launched its first US application in New Jersey and Michigan approved 15 operators for mobile sportsbooks … Read more

Oregon Sports Betting Handle In November Down But Revenue Up

Oregon Sports Betting

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’s October Sports Betting Revenue Surged By 80.1%

Oregon Sports Betting

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’s Sports Betting Handle In October Reached $660 Million

Nevada Sports Betting Revenue

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

LSB Feature: How The Offseason Is Affecting NBA Futures Betting

Chris Paul

The NBA offseason has caused NBA odds to shift across the league and across sportsbooks. The Phoenix Suns odds shortened to +3300 after acquiring Chris Paul. The Minnesota Timberwolves’ odds shortened to +15000 following the NBA Draft. SAN FRANCISCO – The NBA offseason is in … Read more

Golden State Warriors NBA Finals Odds Drop With Klay Thompson Injury

Klay Thompson

Klay Thompson has a torn Achilles which will have him out for the entire 2020-2021 NBA season. The Golden State Warriors had +900 odds to win the NBA Finals initially which were the fourth shortest odds. Golden State’s odds are now +1400 following Thompson’s injury. … Read more