August sports betting throughout the country saw bettors hit their worst performance of the year. While baseball betting may take the blame, it was actually the NFL preseason that caused this loss for bettors. Nevada bettors are the ones to blame for the high margins … Read more
Revenue from legalizing sports betting jumped from $261.3 million in 2017 to $430.2 million in 2018 once PASPA was overturned. The study will take place to help people better understand if the legalization of sports gambling is troublesome. Gambling addiction often occurs in people that … Read more
The New Jersey Thoroughbred Horsemen Association is seeking millions in damages caused by sports leagues implementing a restraining order during the PASPA Lawsuit. The Professional and Amateur Sports Protection Act was a federal ban on sports betting that was ruled unconstitutional in May of 2018. … Read more
NASCAR hopes that the addition of in-race betting to their sport will expand their fan base. If the introduction of in-race wagers is successful, they plan to expand to more states for the 2020 season. The South Point 400 will be the first to see … Read more
The state of New York is currently doing a case study on sports wagering that will also include mobile options. The interest in New York sports betting has increased greatly. The state has both tribal and commericial casinos open for business. NEW YORK – August … Read more
Nevada sportsbooks saw year-over-year improvements in the months of June and July combined. Over $10 million was kept by sportsbooks in Nevada as revenue before tax contributions for July 2019. Nevada is on pace to break records set last year, as their 2019 betting handle … Read more
The Golden Nugget in Atlantic City has restrictions on what sports you can bet on. Lawmakers passed NJ A 5463 almost unanimously to help the Golden Nugget. NJ A 5463 is now heading to Governor Phil Murphy’s office. ATLANTIC CITY, N.J. – On Monday, New … Read more
At the time of writing, over $10.02 billion has been bet at licensed sportsbooks throughout the country. Of that total, $5.44 billion came during 2019 alone, as more states introduce their industries. September 2019 – February 2020 will likely see a combined betting handle in … Read more
The Chinook Winds Casino Resort is setting up to open their new sportsbook. No new sports betting laws are needed to open sportsbooks in Oregon. The Oregon Lottery is also in the process of opening up sportsbooks. LINCOLN CITY, Ore. – The Chinook Winds Casino … Read more
eSports will surpass the $1 billion revenue margin reporting $1.1 billion for 2019. Projections show that the eSports audience will see a 15% jump to at least 453.8 million around the globe for the year. North America comprises the largest eSports revenue with $409.1 million … Read more
Oregon sports betting is projected to launch by the start or early on in the NFL season. Lottery officials believe that $300 million will be wagered in the first year. Only betting on professional sports is permitted as collegiate wagering will require law changes. SALEM, … Read more
Every quarterly report has watched the country’s sports bettors cut the books’ margins. In launch months, no state has seen bettors keep over 90% of the handle. With New York and Arkansas having launched in July, this trend is likely to be broken with 2019 … Read more