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
Andrew Melnick has filed a lawsuit against Betfair Interactive/FanDuel Sportsbook alleging the sports betting provider gave false information on wagers. The lawsuit claims the FanDuel’s live betting odds during NCAA basketball games were inaccurate. Discrepancies between the sportsbook’s information and the actual information in the … Read more
Popular Barstool Sportsbook could launch in New York. Penn National Gaming has gained New York market access thanks to a strategic partnership with Rush Street Interactive (RSI). Penn National wants Barstool Sportsbook in 10 states by the end of 2021. ALBANY, N.Y. – Sports betting … Read more
New York Governor Andrew Cuomo has been exposed for hiding accurate death totals for COVID-19. Sports bettors are now betting against Governor Cuomo getting reelected in 2022, with -200 odds for him to lose. Both Democrats and Republicans have slammed Cuomo following the reveal. ALBANY, … Read more
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
An official study on the potential revenue for mobile betting in New York has been released by Spectrum Gaming. Lawmakers in New York are finally in favor of bringing mobile sports betting to the Empire State. The study projects a potential annual revenue stream of … Read more
New York is finally considering regulating mobile and online sports betting. Markets like New Jersey and Pennsylvania benefit from NY bettors traveling to bet on sports online. New Jersey saw over $996 million in sports betting activity last month. ALBANY, N.Y. – Local New York … Read more
The New York State Legislature has approved two mobile sports betting bills that have moved them out of their first Senate Committee successfully. New York expects to see millions of dollars in revenue should these bills or others like it pass in 2021 that would … Read more
New York Governor Andrew Cuomo wants mobile sports betting to be run through the state, just like the lottery system. Cuomo believes that mobile sports betting could bring New York $500 million in tax revenue. The New York Senate Committee on Racing, Gaming, and Wagering … Read more
Georgia and Kentucky have filed bills to legalize sports betting in 2021. Connecticut, New Hampshire, South Dakota, Virginia, and Washington all have proposals about their legal sports wagering markets to be heard in the current or upcoming legislative sessions. Governors in Arizona and Ohio are … Read more
FuboTV’s stock price went up by 35% just by announcing their intent to launch a sportsbook in 2021. DraftKings, Penn National Gaming, and MGM Resorts have all seen growth on the stock market as a result of their sports betting efforts. Many companies see positive … Read more
New York sports betting has grown exponentially from their December 2019 revenue figures to those seen in December 2020. The nine months of the current fiscal year has seen a total of $8.8 million in revenue for sportsbooks, even with the mandatory shutdowns that lasted … Read more