LSB Feature: The Oddsmakers Behind Your Favorite Sportsbooks

Sports Betting Odds

Looking at the odds makes behind popular sportsbooks, we can see the impact they have I the overall legal sports betting market. SBTech was purchased by DraftKings in the acquisition to make DraftKings go public. Kambi reported record highs in its quarterly earnings report. NEW … Read more

Sportsbooks Hit Snafu During First Moments Of March Madness

March Madness Betting

Users reported issues at mobile sportsbooks BetMGM and FanDuel in the opening moments of the NCAA Tournament. Live betting odds were momentarily down at SBTech backed sports betting platforms. INDIANAPOLIS – The 2021 NCAA Men’s Basketball Tournament is usually one of the most heavily wagered … Read more

Oregon Sports Betting Site, Likely To Be Replaced By DraftKings

Oregon Lottery - DraftKings

The Oregon Lottery has announced its intentions to have the DraftKings brand operate the state’s single sports betting site. DraftKings and SBTech combined in 2020 when they were bought out by Diamond Eagle Acquisition Corp. Oregon sports betting revenue has been underperforming since its launch … Read more

New Oregon Sports Betting Legislation Would Expand Market

Governor Kate Brown

Oregon could see multiple sportsbook applications in 2021 if a new bill that was just introduced passes in the Oregon State Legislature this session. Governor Kate Brown backs OR HB 2127 that would provide the Beaver State with a more competitive and profitable structure for … Read more

Oregon Lottery’s Scoreboard Celebrates One Year Anniversary

Oregon Sports Betting App - ScoreBoard

The Oregon Lottery’s Scoreboard sports betting site has been taking bets in the state for exactly one year. Scoreboard is ineligible to take college wagers per state law, leaving an estimated 30%-50% of extra handle on the table. SALEM, Ore. – Scoreboard, the one and … Read more

DraftKings Launches Its First International Sportsbook In Ireland

DraftKings - Ireland

DraftKings has launched online sports betting in Ireland that is powered by its new provider SBTech. The company also has its recently expanded office located in Dublin to be able to address all international issues effectively. DraftKings has also expanded in the US sports betting … Read more

Genesis Global Suspends 12 Gambling Sites Amid UKGC Investigation

UK Gambling Commission - Genesis

The UK Gambling Commission has suspended Genesis Global’s UK gambling licenses effective immediately as it launches an investigation into a possible violation of the 2005 Gambling Act. Twelve total Genesis Global gambling sites will be suspended temporarily, although players will still be able to log … Read more

Virtual Sports May Be New Addition To Oregon Sports Betting

Oregon Sports Betting

The Oregon Lottery is looking to add virtual sports betting to their Scoreboard sports betting platform. Since the outbreak of COVID-19, the sports betting industry has taken major losses nationwide. Oregon needs to change the rules and regulations of their sports wagering market to allow … Read more

DraftKings Goes Public On Nasdaq Stock Exchange

NASDAQ - DraftKings

DraftKings is now on the Nasdaq Stock Exchange under the abbreviation DKNGW. The company became the first of its kind to reach the market floor on Friday. BOSTON – DraftKings has made it to the floor of the Wall Street Stock Exchange after officially merging … Read more

DraftKings Sportsbook Settles Lawsuit From 2019 For $102K

DraftKings Lawsuit

DraftKings Sportsbook settled a lawsuit in New York for $102,000 stemming from their 2019 Sports Betting National Championship. The sports betting operator was accused of not handling the event correctly. Players that had to pay $10,000 entry fees to participate then lose out on potential … Read more

BetAmerica Is Back Online After Cyber Attack On SBTech

BetAmerica

BetAmerica is back online three weeks after a cyberattack on its platform provider SBTech caused a shutdown. SBTech is partnered with casinos in six different states. The company announced its sports betting and casino operations are back online. LAS VEGAS — After weeks of uncertainty, … Read more