LSB Feature: Why March Madness 2021 Differs From Past Years

March Madness

Both the Duke Blue Devils and the Kansas Jayhawks have been forced to withdraw from their conference tournaments due to COVID-19. Neither Duke nor the North Carolina Tarheels are ranked in the top 25. The last time neither team was ranked in the top 25 … Read more

ESPN Creates New Daily Wager Podcast Dedicated To Betting

Daily Wager

ESPN has officially announced a new sports betting podcast airing ahead of the March Madness tournament. The podcast is titled Daily Wager and will be hosted by rotating analysts all year long. Daily Wager will air early afternoons on weekdays starting March 15. BRISTOL, Conn. … Read more

Illinois Remote Sportsbook Registration Extended For March Madness

BetRivers Sportsbook Sign Up

Illinois residents can sign up remotely for mobile sports betting accounts through April 3 with the newest Executive Order signed by Governor JB Pritzker. This newest order will coincide with March Madness, the NCAA basketball tournament that is slated to bring in numerous bets and … Read more

Class Action Lawsuit Filed Against FanDuel For Alleged Deception

FanDuel Lawsuit

Andrew Melnick has filed a lawsuit against Betfair Interactive/FanDuel Sportsbook alleging the sports betting provider gave false information on wagers. The lawsuit claims the FanDuel’s live betting odds during NCAA basketball games were inaccurate. Discrepancies between the sportsbook’s information and the actual information in the … Read more

New Jersey Sports Betting Revenue Hit An All-Time High In January

Borgata New Jersey Sportsbook

NJ sports betting fans wagered $958.7 million in January. The Garden State collected $82.6 million in revenue. Most wagers were made on basketball. TRENTON, N.J. – New Jersey continues to see major action in its legal sports betting market, collecting a record-breaking high in revenue … Read more

LSB Feature: March Madness Could Return With Biggest Betting Handle Ever

March Madness

March Madness was canceled in 2020 due to the COVID-19 pandemic. Multiples states launched legal sports betting markets in 2020. Super Bowl 55 was the most wagered on Super Bowl in history. INDIANAPOLIS – This year’s March Madness Tournament has the potential to be the … Read more

Illinois Lawmakers Pushing In-State College Sports Betting

Mike Zalewski

Democratic House member Michael Zalewski has put forth a potential amendment to the initial bill for legal sports betting in Illinois. This amendment would allow in-state college sporting events to be wagered on in Illinois. Current regulations prevent sportsbooks from offering odds on collegiate events … Read more

LegalSportsBetting Brief: Iowa Has Remote Registration 1/5/2021

Iowa Sportsbook

Iowa now allows residents the opportunity to remotely join sportsbooks in 2021 and two new operators, PointsBet and BetMGM have entered their market. William Hill now has a mobile sportsbook application available in Washington, DC to go along with their retail venue at the Capital … Read more

NCAA Orange Bowl And Fiesta Bowl Getting Major Action

Fiesta Bowl - Orange Bowl

The North Carolina Tar Heels have +240 longshot odds to beat the Texas A&M Aggies in the Orange Bowl. The Iowa State Cyclones are the -115 favorite to beat the Oregon Ducks in the Fiesta Bowl. Texas A&M finished the season rank 5 in the … Read more

Online Iowa Sportsbooks No Longer Require In-Person Registration

DraftKings Sportsbook

Iowa will forego in-person mobile sportsbook registration beginning in 2021. The Iowa sports betting law only required the in-person stipulation to be enforced until the end of 2020. On Jan. 1, all mobile sports wagering platforms in Iowa can be joined and used remotely by … Read more

Colorado Sports Betting Handle Breaks Record Again In Nov.

Colorado Sportsbook

Colorado saw more than $230 million wagered on sports in November. Over $18.3 million was generated in gross revenue. Colorado collected $800,000 in taxes from sports bets. DENVER – Colorado bettors have once again set the single month betting record in November as sports betting … Read more

Governor Roy Cooper, Tribes Reach Agreement For NC Sports Betting

Harrah"s - Cherokee Casino

North Carolina will finally be launching their sports betting market in 2021 after the approval from Governor Roy Cooper amended Tribal Gaming Compacts. An estimated $10 million is expected to be made annually from gambling on sports matchups in the Tar Heel State. Sportsbook locations … Read more