New Jersey saw $578.7 million wagered on sports in July. This was a decrease of 25% month-over-month compared to June’s betting handle. This is the first time since July 2020 that sports betting handle fell under $600 million in the Garden State. TRENTON, N.J. – … Read more
New York launched its first sportsbook in 2019. Mobile betting is finally on its way to launch in New York. New York could become one of the top sports betting markets. ALBANY, N.Y. – It has now been two years since the first wagers were … Read more
Caesars Entertainment has partnered with Prophet to bring a sports betting exchange to New Jersey. This is the second sports betting exchange in NJ from this multi-year market access agreement. HOBOKEN, N.J. – Sports betting fans in New Jersey are seeing a shift in the … Read more
DraftKings is being sued on claims of patent infringement by Winview, a Toronto-based gaming company. The case will take place in New Jersey where the lawsuit was filed. Winview claims their geolocation and live-betting technologies were taken by DraftKings and they are seeking financial compensation … Read more
The New York State Gaming Commission missed the deadline to vote for mobile sports betting. Unless there is a special session, New York legislators will not be able to vote on expanding sports betting until 2022 at the earliest. Lawmakers couldn’t agree on making mobile … Read more
Sporttrade is a hybrid of the stock market and sports betting. The platform will allow users to buy and sell their stake in a team or player at any point during a sporting event rather than having to hang on to a bet like they … Read more
Sports betting in New Jersey saw a 9% increase month over month in May. Local sportsbooks saw $814.2 million in betting activity. NJ saw $52.9 million in sports betting revenue. TRENTON, N.J. – The New Jersey Division of Gaming has officially released the May sports … Read more
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
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
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
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
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