Nevada Sportsbooks See Spike In Activity As Tourism Rises

nv sb

Nevada sports betting handle for June reported $544.8 million in wagers taken by sportsbooks statewide. The increase in sports gaming action is believed to be caused by the number of tourists visiting the Silver State because of the lowered COVID-19 restrictions. Mobile sports betting continues … Read more

WynnBET Adds Chad Johnson And Others As Brand Ambassadors

Chad "Ochocinco" Johnson - WynnBET

Chad ‘Ochocinco’ Johnson, Tim Howard, and Nick Mangold are now official brand ambassadors of WynnBET. This is a part of a major promotional push for the Las Vegas sportsbook. This promotion will also carry over to the Blue Wire Podcast Studio. LAS VEGAS – Popular … Read more

Sports Betting Handle In Nevada Sees Spike Up In May

Nevada Sportsbook

The Nevada Gaming Commission released its revenue report, showing that $477.2 million was wagered in May. This is a 4.9% increase month over month but sports betting revenue is slightly down. CARSON CITY, Nev. – Sports betting in Nevada continues to thrive, seeing increases in … Read more

LSB Feature: Three Years Later, PASPA Fading Into Memory

PASPA Fading Into Memory

PASPA was repealed on May 14, 2018. Since the repeal, multiple states and Washington DC have regulated sports betting markets. Sportsbooks like DraftKings have gone public on the NASDAQ. NEW YORK – The repeal of the Professional and Amateur Sports Protection Act (PASPA) will possibly … Read more

NV Sports Betting Handle Reaches Third Highest All-Time In March

Las Vegas Sports Betting

More than $641 million was wagered on sports in Nevada for March. Most of the wagers came from college basketball betting during the March Madness Tournament. Nevada saw a 6.1% hold rate for sportsbooks equaling $39.3 million in revenue. CARSON CITY, Nev. – Nevada managed … Read more

Nevada Opens MLB World Series MVP Betting In 2021

MLB World Series MVP Trophy

Nevada will now allow prop bets on the MLB World Series MVP. Sportsbooks in Nevada will need to notify the Nevada Gaming Control Board’s Enforcement Division if they want to add the wager to their list for the series. The bets for the MVP award … Read more

Illinois Sports Betting Handle Reached Over $500M In February

Illinois Sportsbook

Illinois had the third-highest sports betting handle in February with $509.8 million. The Casino Queen (DraftKings) had the highest sports betting handle in February with $199.8 million. The retail sports betting handle in Illinois in February was $ 19.6 million. CHICAGO –The Illinois sports betting … Read more

LSB Feature: Can Sports Betting Be A Legitimate Side Hustle?

Sportsbooks vs. DFS

According to a survey run by Whistle Wise Quantitative Research, 76% of young sports betting fans view legal sports betting as a form of entrepreneurship. Americans bet billions on sports every year. Many prominent figures have made a living off of sports betting. LAS VEGAS … Read more