One Year Later, Pennsylvania Sports Betting Handle Flies Past $300 Million

pennsylvania-revenue

Online sports betting brought in almost 85 percent of the total handle. Sports handle and revenue has increased since mobile wagering was introduced. It has been a year since Pennsylvania sports betting began. HARRISBURG, Pa. – Sportsbooks in Pennsylvania had a combined betting handle of … Read more

Sports Betting In NJ Had Record High Handle For November

NJ Sports Betting Revenue

New Jersey’s reported numbers for sports bets in the month of November have gone up greatly since November 2018. Atlantic City has also seen its best revenue performance since 2012. These increases show just how much the popularity of the sports betting market has expanded … Read more

Sportsbooks, Leagues Partnering And Role In Sports Integrity

Joe Lee

The US sports betting industry has been taking the country by storm as more and more states begin to legalize the pastime. During the Betting On Sports America Conference, the idea of sportsbooks teaming up with sports organizations was discussed with Joe Lee, head of … Read more

Lawmakers Hopeful Ohio Sports Betting Will Come In 2020

Ohio

Ohio state Sen. John Eklund and Ohio state House Rep. Dave Greenspan are coming together to combine their bills into one heading into 2020. The issues of where sports betting in Ohio will take place and which agency will be in charge of regulating the … Read more

Colorado Sports Betting Summit Will Discuss Rules And Regulations

Colorado Sports Betting Summit

Colorado sports betting was legalized thanks to a voter referendum. Many stakeholders will meet to discuss the upcoming rules and regulations. Colorado sports betting will not start until May at the earliest. DENVER – Colorado sports betting stakeholders will meet on December 9 to December … Read more

MO Sports Betting Seen As Legitimate Opportunity By Lawmakers

Missouri sports betting bill

The Missouri House Special Interim Committee on Gaming conducted five separate hearings from August to November. The Committee heard testimonies from various stakeholders in the potential MO sports betting industry such as the MLB and casino officials. Several Missouri sports betting bills were introduced in … Read more

FOX Bet Partners With The Philadelphia 76ers

Swish

The Philadelphia 76ers have become the first team in the NBA to make an endorsement deal with a mobile sportsbook company. The team already has a partnership with Parx Casino, a deal that was made last month. FOX Bet is the second most popular sports … Read more

Former Commissioner David Stern’s Motives For Supporting NBA Betting

David Stern

David Stern was one of several professional sports league commissioners that supported the federal ban against sports betting in 1992. Current NBA Commissioner Adam Silver was the first professional sports league commissioner to voice his support for legal sports betting. David Stern is also a … Read more

Royalty fees, Data Mandates On The Table For MO Sports Betting

Missouri Capital

Professional sports leagues are asking MO lawmakers for the requirement of official league data and a 0.25% fee to be paid to the leagues. Missouri lawmakers previously conducted a hearing this fall to hear from casinos and sports betting operators such as DraftKings and FanDuel. … Read more

FanDuel And MSG Broadcasts Will Integrate Betting Odds Into Live Games

FanDuel - MSG

Odds trackers and more will be integrated into Devils and Knicks games. Two new shows called “Inside the Lines” and “Line to Line” will broadcast before the games. All of this will be done on MSG broadcasts of the games. NEW YORK – FanDuel announced … Read more

Lehigh Valley Could Host Two New Sportsbooks Within Six Months

Lehigh Valley

Lehigh Valley is a 42-mile area that has cities between Pennsylvania and New Jersey. The Downs and Wind Creek could both have new sportsbooks in the near future. If accepted, the sportsbooks could open by the time the NBA playoffs begin. ALLENTOWN, Pa. – Downs … Read more