Sports Leagues Seek Dismissal Of $150 Million Claim From PASPA Case

NFL Commissioner Roger Goodell

The four major North American professional sports leagues filed to dismiss a $150 million legal claim by the New Jersey Thoroughbred Horsemen’s Association (NJTHA) on Monday. Their claim is predicated on the fact that the leagues were responsible for an injunction on legal New Jersey … Read more

Pennsylvania Sports Betting Revenues Are Slowly Stabilizing

Valley Forge FanDuel

Pennsylvania handled $74.8 million in sports wagers and earned $4.8 million in revenue in May—both sizable increases. Pennsylvania casinos are beginning to reopen in June, which could help sports betting revenues increase even more. The odds the Pennsylvania sports betting industry takes months to fully … Read more

Indiana Sports Betting Revenue Shows Signs Of Recovery

Indiana Sports Betting

Indiana recorded $37.4 million in total sports betting handle in May and $3.2 million in revenue—a hold rate of 8.5%. Handle increased 42% from April and revenue increased 104%. Indiana sportsbooks appear to be on the road to recovery, but they won’t return to pre-pandemic … Read more

LeBron Vs. Kawhi Battle For LA, Who Will Make NBA Finals History?

LeBron James - Kawhi Leonard

Both LeBron James and Kawhi Leonard have won finals MVP for two different franchises, joins Kareem Abdul-Jabbar as the only players to have done so. No one in NBA history has ever won the finals MVP for three or more different teams. Sports bettors are … Read more

Puerto Rican Horse Betting Sees Nearly One Million Bets In Return

Puerto Rico Horse Race Betting

Horse racing returned to Puerto Rican sportsbooks this weekend for the first time since the Covid-19 pandemic. The Puerto Rico’s Horse Reform Committee reported 856,524 bets were placed on horse racing this weekend. SAN JUAN, Puerto Rico — Horse racing returned to sports betting menu … Read more

Colorado Is Already Taking Over U.S. Online Sports Betting

Denver Broncos

In its first month of operation, Colorado earned a remarkable $25.5 million in sports betting revenue—a staggering total given ongoing COVID-19 restrictions. Colorado has very few restrictions on sports betting operators and low barriers to entry, which should help it quickly develop into one of … Read more

NBA Betting Favors Blazers, Pelicans To Make A Surprise Run

NBA Playoffs

Sports bettors are leaning towards there being 8/9 seed playoff play in the Western Conference but are betting against one taking place in the Eastern Conference. The potential 9th seed is favored to win the play-in in the Western conference at -140. ORLANDO, Fla. – … Read more

IGT Signs Three New Lottery Deal, Could See Its Stock Rise

IGT Stock

International Game Technology PLC (IGT) has announced extensions and expansions of its lottery deals with Missouri, Virginia and Tennessee. IGT will also be rolling out an improved online sportsbook for Rhode Island. These developments could signal that IGT is primed for a surge in stock … Read more