Why Nevada Sports Betting Activity Took A Dip In 2020

Las Vegas Sportsbook

Nevada has seen a drop in sports betting activity year-over-year by 19% in handle. The Silver State has seen an overall decline in the market for 2020 because of the restrictions the outbreak of COVID-19 had them implement. LAS VEGAS – The Nevada Gaming Control … Read more

LSB Feature: The Impact Mobile NY Sports Betting Will Have

Mobile Sports Betting

New York is finally considering regulating mobile and online sports betting. Markets like New Jersey and Pennsylvania benefit from NY bettors traveling to bet on sports online. New Jersey saw over $996 million in sports betting activity last month. ALBANY, N.Y. – Local New York … Read more

Push For Remote Registration For Nevada Sportsbooks Ends

Mobile Sports Betting

Nevada has shutdown any prospects for allowing remote sportsbook registration for mobile applications. The state will continue to require sports bettors to visit a land-based location to join mobile platforms for sports betting for the foreseeable future. LAS VEGAS – The state of Nevada is … 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

Entain Plc Rejects MGM’s $11 Billion Take Over Attempt

entain-mgm

Entain Plc will remain independent from MGM Resorts. MGM’s offer to take over Entain Plc was valued at $11.1 billion. Entain Plc claims that the amount offered to them undervalued the company. LAS VEGAS – Entain Plc has formally dismissed an $11.1 billion takeover attempt … Read more

Nevada Sports Betting Revenue In November Hits All-time Record

Nevada Sportsbook

Sports betting handle in Nevada exploded for $609.5 million in November. Nevada sportsbooks collected a record $61.8 million in revenue. The state saw $4.2 million in tax revenue. CARSON CITY, Nev. – Nevada has continued to see major success in the sports betting arena, with … Read more

LegalSportsBetting Brief: Ohio Fails To Pass Sports Betting In Session 12/30/2020

Ohio Sport Betting Legislation Fail

The Philadelphia 76ers and BetMGM have partnered and FanDuel Sportsbook entered a partnership with WarnerMedia’s Turner Sports. Ohio’s Legislature has adjourned for 2020 without passing Sub. SB 111 that would have allowed legal sportsbooks in the state. Alabama, Florida, and Georgia are all in talks … Read more

LegalSportsBetting Brief: NJ Sets New Record For Monthly Handle 12/15/2020

New Jersey Sportsbook

Connecticut looks favorable for sports betting legalization in 2021 while Oklahoma does not. New Jersey and Indiana both set records for handle in the month of November. Tipico Sportsbook launched its first US application in New Jersey and Michigan approved 15 operators for mobile sportsbooks … Read more

LegalSportsBetting Brief: Revenue Up In Five States 12/1/2020

Sports Betting Handle

Delaware, Nevada, New Hampshire, Oregon, & Rhode Island all recorded bigger handle and revenue for the month of October in their sports betting markets. The Pittsburgh Steelers and the Detroit Pistons entered partnerships with sportsbooks. The Pittsburgh Steelers and the Baltimore Ravens will play on … Read more

Nevada’s Sports Betting Handle In October Reached $660 Million

Nevada Sports Betting Revenue

Nevada had a record-breaking month in sports betting handle for the state with $660 million in wagers. They lagged 18% behind the national record for handle of $803 million that is held by New Jersey. LAS VEGAS – Nevada posted their October sports betting numbers, … Read more

How To Bet On Sports When Traveling To A State With Legal Sports Betting

Pennsylvania Welcome Sign

There are a total of 25 states that have legalized sports betting, 19 of which have active sportsbooks. Residency in a state is not required when betting on sports in a state with legal sportsbooks. Withdrawals can be made when travelers head home, but further … Read more