New Jersey Sports Betting Celebrates Three Years In Business

New Jersey Sportsbook

The New Jersey sports betting industry has officially been opened for three years. In that time, the NJ managed to create a national record in handle collected with over $6 billion in 2020. The Garden State will see the billion-dollar threshold in sports gaming revenue … Read more

PlayUp Partners With Caesars Entertainment For Market Access

PlayUp Sportsbook

Australian-based gaming operator PlayUp has partnered with Caesars Entertainment. The partnership grants the sports betting and iGaming operator market access in Indiana, Iowa, and New Jersey. PlayUp had initially entered the US by launching in Colorado earlier in the year. INDIANAPOLIS – PlayUp will be … Read more

New Jersey Leaning Toward Bill To Vote On In-State College Wagers

New Jersey College Football Betting

NJ sportsbooks could have in-state college wagers added to their menu in 2022. SCR 133 has passed in the Senate but needs to pass in the General Assembly to be put on the November 2021 ballot. If it passes and receives a majority vote in … Read more

Call Him Probation Patz – Ben “Parlay” Patz Dodges Jail Time

Parlay Patz

Ben “Parlay” Patz has been sentenced to 36 months of probation time after over a year of court proceedings. The sports bettor who accumulated over a million dollars in payouts in a 50 day span in 2019 sent death threats to professional athletes that lost … Read more

NJ Fixed Odds Horse Race Betting Legislation Jumping Hurdles

New Jersey Assembly

New Jersey horse racing has favorable odds of seeing fixed-odds legislation pass. Currently, horse racing in the Garden State does not offer fixed odds for their races. A bill proposed to allow this is two positive votes away from landing on Governor Phil Murphy’s desk … Read more

New Jersey Sees Monthly Sports Betting Loss In April, Yearly Growth

New Jersey Sports Betting

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

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PASPA was repealed on May 14, 2018.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

The State Of Tennessee Sports Betting 6 Months, $1 Billion Later

Tennessee Fans

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

Legislation For NJ College Sports Betting Being Reconsidered

New Jersey College Football Betting

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 A Part Of The Tennessee Sports Betting Scene

Tennessee - WinBet

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 Made Costly Mistake During The NFL Division Playoffs

BetMGM Fined!

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

New Jersey Sports Betting Revenue Up In March

March Madness Sportsbook

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