Adam Silver Targeting A July 31st NBA Return, Owners Vote Thursday

NBA

NBA commissioner Adam Silver has proposed a July 31st NBA season return to be held Orlando, FL. With Silver’s proposal, 22 teams will finish out the season and playoffs at the Disney ESPN Wide World of Sports Complex. The final decision will be made at … Read more

DraftKings Outlook: More Live Betting, Potential B/R Acquisition

DraftKings

DraftKings appears primed for continued growth despite the disruptions caused by the ongoing Coronavirus pandemic. In 2020 and 2021, the company is focusing on expanding its live betting options and its consumers’ awareness of live betting. The company has also begun exploring an acquisition of … Read more

Top Contenders To Bet On For The 2020 NBA Draft

Obi Toppin

Sportsbooks have placed odds up on the 2020 NBA Draft picks for the first and second rounds. Obi Toppin made the list and might be the sleeper pick no one saw coming as the top choice should the say of some analysts factor into the … Read more

Nationwide Sports Betting Revenues Plummet During April

Sports Betting

Five states have reported their April sports betting figures: Indiana, Iowa, New Jersey, Pennsylvania, and West Virginia. In the five states, sports betting revenues are down almost 80% from what they were in February, and handle is down almost 90%. These states only handled $130.5 … Read more

Sportsbooks Say LeBron James Would Beat Michael Jordan In 1v1 Basketball Game

Lebron James - Michael Jordon

LeBron James is favored (-500) to beat Michael Jordan in a 1v1 basketball game. Michael Jordan is listed at +200 odds to commit the most fouls in the game. LeBron James has -150 odds to be the first player to score against Michael Jordan. LOS … Read more

Supreme Court Returns NJ PASPA Restitution Case To District Court

SCOTUS

The New Jersey Thoroughbred Horsemen’s Association is seeking millions of dollars damages from the NCAA, MLB, NBA, NHL and NFL for preventing them from operating a sportsbook at Monmouth Park from October 2014 to May 2018. Despite legal precedent against the plaintiffs’ claims, quirks of … Read more

Newly Reopened Horse Racing Tracks Draw Huge Betting Handles

Horse Racing

Major horse racing tracks across the country are beginning to reopen (without fans) after an extended hiatus caused by the Coronavirus. Betting handle on races has increased greatly over similarly timed races in 2019. This suggests that the sports betting industry could rebound from its … Read more

Pennsylvania’s April Sports Betting Revenues Reached 11-Month Low

Pennsylvania Sportsbook

In April, Pennsylvania sports betting revenues reached their lowest point since May 2019. Pennsylvania’s betting handle and revenue were far lower than they’ve been in any single month since FanDuel launched its Pennsylvania sportsbook in July 2019. Relief won’t be possible until major sports leagues … Read more

Sports Betting in New Jersey Drops Over 85% Year-To-Year From COVID-19

New Jersey Sportsbook

In April, New Jersey sportsbooks experienced their lowest month of revenue ($2.6 million) ever. New Jersey also saw its second-lowest month of betting handle ($54.6 million). ATLANTIC CITY, N.J. – After a less-than-stellar take-home in a pandemic-shortened March, New Jersey sportsbooks experienced their lowest monthly … Read more

Indiana Sports Betting Revenues Down 88% From February

Empty Seats

Indiana released its April 2020 sports betting revenue report, and unsurprisingly, handle and revenue both decreased significantly once again. While overall revenue and handle are nosediving, more Indiana bettors are betting on non-traditional sports like table tennis and MMA. The road to full financial recovery … Read more

Iowa Sports Betting Reports Record Low Revenue In Dismal April

Empty Street To Old Capital

Iowa recorded record lows for both sports betting handle and revenue in April. COVID-19 shut down 6 Iowa sportsbooks entirely and relegated the other 13 to online wagers only. Iowa casinos could begin reopening by mid-May, but until major American sports leagues resume, sports betting … Read more