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
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
PASPA was repealed on May 14, 2018.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
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
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