Five states have reported their April sports betting figures: Indiana, Iowa, New Jersey, Pennsylvania, and West Virginia. In the five states, sports betting revenues are down almost 80% from what they were in February, and handle is down almost 90%. These states only handled $130.5 … Read more
Maine has now authorized online horse betting for local, national, and international races. Bets will be hosted via a website called HollywoodRaces.com Maine’s racing season was delayed by COVID-19 but could resume without spectators soon, as many other states have done. The legalization of horse … Read more
The New Jersey Thoroughbred Horsemen’s Association is seeking millions of dollars damages from the NCAA, MLB, NBA, NHL and NFL for preventing them from operating a sportsbook at Monmouth Park from October 2014 to May 2018. Despite legal precedent against the plaintiffs’ claims, quirks of … Read more
With the Coronavirus racking New York and greatly depleting its budget, mobile sports betting could provide tens or hundreds of millions of dollars in economic relief. New York residents can already enjoy mobile sports betting either in New Jersey or with international online sportsbooks. The … Read more
The Supreme Court voted to overturn the Professional and Amateur Sports Protection Act (PASPA) two years ago. Since that decision, the popularity of sports betting has exploded in the United States, both in terms of participation and representation in pop culture. 23 states now have … Read more
In April, New Jersey sportsbooks experienced their lowest month of revenue ($2.6 million) ever. New Jersey also saw its second-lowest month of betting handle ($54.6 million). ATLANTIC CITY, N.J. – After a less-than-stellar take-home in a pandemic-shortened March, New Jersey sportsbooks experienced their lowest monthly … Read more
Johnny Nolon’s Casino will partner with The Carousel Group to operate a new sportsbook. The partnership will feature both mobile and retail sports betting. The company also expressed plans to venture into New Jersey as well. CRIPPLE CREEK, Colo. – The Colorado Division of Gaming … Read more
The New Jersey Thoroughbred Horsemen’s Association is seeking $150 million in damages for being stopped from opening a sportsbook for four years at Monmouth Park. The pro leagues stopped the horsemen from accepting bets because they said it would hurt their business and now they … Read more
Andrew Schneider is going to become the next FOX Bet chief marketing officer. Schneider used to work for Disney and help promote the Disney+ and ESPN+ platforms. MOUNT POCONO, Pa. – Former Disney executive, Andrew Schneider, is set to become the next chief marketing officer … Read more
BetAmerica is back online three weeks after a cyberattack on its platform provider SBTech caused a shutdown. SBTech is partnered with casinos in six different states. The company announced its sports betting and casino operations are back online. LAS VEGAS — After weeks of uncertainty, … Read more
New Jersey’s total March sports betting handle decreased 51.2% and its revenues decreased 58.4% from 2019. The nationwide shutdowns caused by COVID-19 severely impacted the bottom line for New Jersey sportsbooks, especially after a disappointing February. There is no reliable timeline for the safe return … Read more
The 2020 NFL Draft will be from April 23-25 featuring a virtual adaption due to the coronavirus pandemic. NFL Draft betting is expected to set new records in across the United States. The state of New Jersey is already seeing a surge in NFL Draft … Read more