NJ Horsemen Sports Betting Case To Be Heard By Supreme Court

SCOTUS

The New Jersey Thoroughbred Horsemen’s Association is seeking $150 million in damages for being stopped from opening a sportsbook for four years at Monmouth Park. The pro leagues stopped the horsemen from accepting bets because they said it would hurt their business and now they … Read more

Will The NCAA Allow Sports Betting Endorsements With New Rules?

College Sports Endorsements - NCAA

The NCAA approved nationwide name and image likeness rights for athletes, meaning that NCAA athletes can now profit off their image. These new rules likely won’t allow for sports betting endorsements or for players to associate with any products that might hurt the NCAA’s brand … Read more

Casino Closures Aren’t Boding Well For MS Sportsbooks Revenue

Treasure Bay Casino

Sports betting handle and revenue each decreased by 69% from February to March 2020. The betting month was shortened, as COVID-19 essentially shut down sports by March 12 and all Mississippi casinos were forced to close on March 16. Without online betting to fall back … Read more

XFL Commissioner Oliver Luck Files Wrongful Termination Suit

Oliver Luck - Vince MacMahon

Former XFL commissioner Oliver Luck is suing league owner Vince McMahon for wrongful termination. Luck was laid off with most of the XFL’s staff in early April because of the COVID-19 pandemic. For his role as commissioner, Luck signed a contract worth $20 million guaranteed … Read more

Delaware Sportsbooks Once Again Struggle During The Super Bowl

Delaware February Sportsbook Numbers

In February 2020, Delaware handled $7 million in sports bets and earned $160,000 in sports betting revenue. This performance was a big improvement over February 2019, but a disappointment overall. Sports betting revenue in Delaware is trending down in general, and it seems that interest … Read more

How Will COVID-19 Affect Sports Betting Revenue And Taxes?

No Sports - No Sports Betting

Sportsbooks in the United States could lose $2 billion in handle and nearly $200 million in revenue as a result of the COVID-19 pandemic. Local and state governments project to lose over $24 million in tax collections off this lost revenue. Even once the sports … Read more

Sports Betting Recap 03/12/2020: Man U Beatdown + Worldwide Soccer

LSB Recap - Manchester United vs. LASK

Coronavirus caused widespread cancellations, postponements, and suspensions of play in one of the most apocalyptic days in sports history. A handful of international soccer events were still played as scheduled. Manchester United (-132) extended their unbeaten streak in a 5-0 win over Austrian Club LASK … Read more

Coronavirus Causes Mass Basketball Tournament Cancellations

All NCAA Conference Tournaments Canceled

14 basketball conferences announced today that they would be canceling basketball championship tournaments, effective immediately. These cancellations included all power conferences: the ACC, Big 12, Big East, Big Ten, Pac-12 and SEC. Some conferences, including the SEC and Pac-12, have announced additional restrictions on athletic … Read more

NCAA To Have Tournament “March Madness” Games Without Fans Amid Coronavirus Scare

No Fans

NCAA has announced the men’s basketball tournaments will continue without fans in attendance due to growing concerns of coronavirus spreading. The games will only have essential staff and limited family members in the stadium during the games. This announcement follows the NBA’s Golden State Warriors … Read more

Ohio Governor DeWine Confident Sports Betting Legalizes Before March Madness

Ohio Sports Betting

Ohio lawmakers debate regulated sports betting ahead of March Madness. There are two bills currently in circulation that would allow sports betting in Ohio. Ohio Governor Mike DeWine believes a sports betting bill will pass soon. COLUMBUS, Ohio – Ohio residents who are eager for … Read more

The One Underdog Butler Students Can’t Bet On: Their Own Bulldogs

No sports betting at Butler U.

No one at Butler University is allowed to make bets on Butler games. University leaders say the ban is designed to keep the integrity of Butler games. Sports betting in Indiana has been legalized for months. INDIANAPOLIS – Butler University has issued a campus-wide ban … Read more