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

DraftKings Fined By The NJ Division Of Gaming Enforcement

DraftKings Fined!

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

NJ Bill To Allow Betting On Non-Sport Competitions Advances

Betting On Oscars, Hot Dog Contests, and Esports

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

Talking Sports Betting Ads During Problem Gambling Month

New Jersey Sportsbook Advertisement

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

Australian Sportsbook PlayUp Launches In Colorado, NJ Next

PlayUp

PlayUp officially launches in Colorado as it enters the US sports betting market. PlayUp raised $12.5 million in Capital Raising to enter the US market. New Jersey is the next market PlayUp hopes to launch in. DENVER – Colorado sports betting fans will now have … Read more

LSB Feature: How The US Sports Betting Market Stacks Up Against The World

Betting Markets

The U.S. saw major growth in legal sports betting in 2020. Other markets such as the UK, Australia, and Mexico have long-established regulated sports betting. The US holds up against these long-standing markets with only half the country having legalized sportsbooks. ATLANTIC CITY, N.J. – … Read more

Detroit Pistons Sign Multi-Season Partnership With WynnBET

WynnBET - Detroit Pistons

WynnBET and the Detroit Pistons partner for a multi-season marketing deal. The partnership will see both entities partner for co-branded marketing efforts. With the deal comes Wynn Wednesdays, a new exclusive promotional event on the WynnBET mobile app. DETROIT – WynnBET partners with yet another … Read more

FanDuel Owners Show Biggest Market Share In U.S. Sports Betting

Flutter

FanDuel parent company Flutter Entertainment shows that their online gambling imprint in the US is the largest operation. FanDuel pushed US gaming revenue up 81% in 2020. Flutter Entertainments US base is 40% larger than its closest competitor DraftKings. DUBLIN, Ireland – FanDuel has seen … Read more

New Jersey Sports Betting Revenue Hit An All-Time High In January

Borgata New Jersey Sportsbook

NJ sports betting fans wagered $958.7 million in January. The Garden State collected $82.6 million in revenue. Most wagers were made on basketball. TRENTON, N.J. – New Jersey continues to see major action in its legal sports betting market, collecting a record-breaking high in revenue … Read more

New York Marks Record Sports Betting Revenue In January

New York Sportsbook

New York’s four sports betting facilities posted a state record for revenue in January 2021 with a recorded $3.570 million in GGR. Rivers Casino and Resort brought in the most revenue with $1.429 million. The new wave of interest in NY sports betting is fueling … Read more