Sports betting in New Jersey saw a 13% decline month over month in April. Sports betting is up 1,270% year over year. The decline can be attributed to the ending of March Madness betting. TRENTON, N.J. – New Jersey sportsbooks saw a slight decline in … Read more
PASPA was repealed on May 14, 2018.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
Tennessee has made a new national record for sports betting handle collected within six months, exceeding the billion-dollar mark. The sports gaming industry of Tennessee is currently undergoing a transition from having the Tennessee Education Lottery as the regulator to making the Sports Wagering Advisory … Read more
New Jersey may have an in-state college sports betting market in 2021. Legislation that would allow the current laws to be amended to include collegiate wagers for New Jersey schools is being heard by lawmakers. The already lucrative sports wagering industry of the Garden State … Read more
WynnBET is now the seventh mobile sports betting platform in Tennessee. The sportsbook is now live in six states nationwide. Tennesseans can download the WynnBET app on any smartphone to begin gambling on sporting events with the company’s betting lines. NASHVILLE, Tenn. – On Friday, … Read more
BetMGM announced on Thursday that they paid $10,500 for a typo on a prop bet listed during the NFL’s AFC Divisional playoff game in January. Errors to betting lines for mobile sports betting platforms must be paid out to any gambler that placed money on … Read more
The total sports betting handle in New Jersey for March was $859.6 million. New Jersey made $7.8 million in tax revenue from sports betting during March. The internet sports wagering handle for New Jersey was $780,145,392 fueled by March Madness betting. TRENTON, N.J. – The … Read more
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
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
DraftKings has been hit with a $10,000 fine by the New Jersey Division of Gaming Enforcement (DGE). This stems from a self-exclusion violation. DraftKings allegedly sent promotional mailings to 11 self-excluded patrons which is against the New Jersey sports betting regulations. TRENTON, N.J. – Popular … Read more
A new bill proposed to the New Jersey Senate could bring entertainment betting, competitive eating betting, and more into the legal territory, while limiting esports betting. The bill has support from Sen. Jim Beach and Chris Brown and aims to loosen the definition of “sports … Read more
Pennsylvania residents saw online gambling ads during Sabrina the Teenage Witch. Indiana sportsbooks have been advertising locally as well. European markets banned sports betting ads in the past. INDIANAPOLIS – With the continued popularity of legal sports betting and the increased competition in the market, … Read more