Nuvei has been awarded a certificate of registration for Indiana sports betting. The company will use its innovative technology to help with quicker deposit and withdrawal processes and boost revenue for operators. This opportunity is a step closer for the internationally based company to expand … Read more
Co-chairs of the Congressional Gaming Caucus have sponsored a bipartisan bill to get rid of the excise tax on sports betting the U.S. The tax has been a burden on sports betting operators and gives unnecessary advantages to illegal sportsbooks. The CEO of the American … Read more
Major League Baseball has agreed to a deal with Malta-based Betcris to be its exclusive sports betting partner in Latin America. This is MLB’s second major sports betting partnership, as FanDuel and MLB struck a similar deal for the U.S. market last year. Baseball has … Read more
COVID-19 has created an estimated $615 billion hole in state budgets through public health expenses and lost tax revenues. Many states have turned to sports betting odds as one potential avenue to mitigate the economic losses caused by COVID-19. Since the near start of the … Read more
New Jersey bill A637 would allow esports and other events to be made legal in the Garden State for wagers. Dennis Drazin, a pillar in the sports betting community, discussed what A637 would do should it be made legal in New Jersey. Since legalizing sports … 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
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
American sportsbooks saw revenues more than triple from January 2019 to January 2020. Total betting handle increased greatly as well, even after accounting for industry expansion. With more states set to launch sportsbooks in 2020, this trend of growth should continue. LAS VEGAS – In … Read more
The Louisiana Legislature will see at least five sports betting bills when the session begins next week. The Bayou State has been trying to legalize gambling on sporting events to no avail since the overturn of PASPA in 2018. Governor John Bel Edwards has said … Read more
The Nevada Gaming Control Board added a mobile sports betting section to its January 2020 financial report. The report indicates that its mobile betting industry lags far behind that of New Jersey. Because of its superior mobile betting, New Jersey’s sports betting industry will likely … Read more
abe, an application for knowledge in the sports betting market launched in January. The online platform has many features that sports bettors need all wrapped up in one place, making it the first in the market. The creators want the app to be independent, transparent, … Read more
A hearing by the General Affairs Committee on February 10 listened to three separate bills that would make the wagering on sporting events legal in Nebraska. Currently, Iowa is benefitting off of sports bettors from the Cornhusker State that are visiting simply to wager on … Read more