LegalSportsBetting Brief: States, Sportsbooks Show Financial Growth 11/17/2020

Flutter - DraftKings

DraftKings and Flutter (FanDuel) both did surprisingly well as can be seen with the release of their Q3 reports. Illinois, Indiana, and Washington DC all saw growth in their monthly sports betting revenue numbers, showing the NFL making a big impact on gambling activity. The … Read more

Wynn Resorts Invests In Sports Betting With $80M BetBull Deal

Wynn Resorts - BetBull

Wynn Interactive cost Wynn Resorts $80 million as they merged with BetBull to form the mobile and internet sportsbook. The sports betting platform has already gone live in the New Jersey market as of August. LAS VEGAS – A partnership deal that started in October … Read more

Presidential Betting Odds: Is Biden Now A Lock To Win Presidency?

Joe Biden

Joe Biden now has -1800 odds to win the US Presidential Election 2020. Democratic Candidate is now -1200 favorite to win Georgia. Donald Trump has +950 odds to keep Pennsylvania. WASHINGTON – The Presidential Election is gearing up for its final stretch as the last … Read more

What Are The Odds For States Voting On Recreational Marijuana?

Marijuana Vote

The legalization of recreational marijuana will be part of voter ballots in five states on November 3. Four states have odds on the outcome of how people will vote posted on sportsbooks, with two being heavily favored to open legal cannabis markets. PHOENIX – Five … Read more

Nevada Sports Betting Handle Shows New Jersey Is Pulling Away

Las Vegas Sportsbook

Sports betting handle in New Jersey has surpassed Nevada in September with the second biggest difference in history. New Jersey has gotten an advantage from online platforms while Nevada has dealt with a hit to its Las Vegas casinos due to COVID-19. Football with NBA … Read more

PASPA’s 28th Anniversary – Its Unintended Effects On US Sports Betting

PASPA Anniversary

The Professional and Amateur Sports Protection Act of 1992 (PASPA) was enacted as law on October 28, 1992. Since it’s repeal in 2018, billions of dollars have been made in combined revenue from the legal sports betting industries across the United States. WASHINGTON – October … Read more

IGT, NBA Sign New Partnership Deal For Legal Sports Betting

IGT - NBA - Jimmy Butler

IGT and NBA have struck a deal to bring official league data to all of it US sportsbooks and casinos. The sports betting provider has 40 locations around the country that will now receive the official NBA information because of this deal. The next NBA … Read more

PGA TOUR To Broadcast Official Betting Odds During Tournament

CJ Cup - BetMGM - PGA

BetMGM will be airing their odds and wagers for the first time during a live broadcast of a PGA tournament beginning Thursday. In August, BetMGM became the official sportsbook for the PGA and has since seen golfing events rank at the top of their list … Read more

Betfred USA Sports Now Offers Skrill Through Partnership

BetFred - Skrill

Betfred USA Sports will now be offering Skrill’s digital wallet through their Iowa mobile and internet sports betting platforms. Skrill has worked with Betfred internationally since 2006 but this is the first joint venture for the two companies in the United States. LAS VEGAS – … Read more

ZenSports Works To Expand In US Market After Investment Round

ZenSports - Las Vegas

ZenSports has received $1.4 million in seed funding after a round of investing and now looks to bring its platform to the US The company is now focused on getting its gaming license approved in Nevada and gearing up to buy casinos and operate sportsbooks … Read more

North Dakota Takes Play From New Mexico, To Launch Tribal Sportsbooks

Grand Treasure Casino

North Dakota will be opening up two Tribal sportsbooks with IGT PlaySports as their operator. No legislation was passed in N.D. but the Turtle Mountain Band of Chippewa Indians are expanding into sports betting as they see it as Class III gaming which they are … Read more