Uneven February Revenues Must Carry Sportsbooks For A Long Time

Bankrupt Sports Betting Sites

Sports betting revenues will likely be severely reduced for at least the next several months because of the widespread sports shutdowns caused by COVID-19. U.S. sportsbooks were mostly unaffected by COVID-19 in February and managed to post $83.1 million in reported revenue during the month. … Read more

What Happens To 2020 Olympics Future Bets With Postponement?

Olympics Canceled

The International Olympics Committee (IOC) and Japanese Prime Minister Shinzō Abe have agreed to postpone the 2020 Summer Olympics until 2021. Public pressure had been mounting to cancel or postpone the games. Sports bettors who placed futures bets on the 2020 Olympics will have those … Read more