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
Gaming regulators in Nevada and New Jersey approved of a NASCAR iRacing tournament. The 2020 eNASCAR iRacing Pro Invitational Series will feature pro NASCAR drivers. Esports events need to be approved on a case by case basis. LAS VEGAS – The gaming commissions in both … Read more
Sportsbooks have been accumulating losses in profits due to the Coronavirus and professional sports being suspended worldwide. Each operator protects the funds of their customers differently and sports bettors should know if their money is being protected if these businesses cannot make it through the … Read more
Mobile sports betting was not included in New York’s latest approved budget. While inquiries were made regarding adopting mobile sports betting, the expedited legislative session will put them on hold for at least another year. New York is losing tens or even hundreds of millions … Read more