Tennessee saw $172.4 million in sports betting activity in April. This is a 16.3% decrease month over month. WynnBet launched in Tennessee in April, making it a total of seven active sportsbooks in the state. NASHVILLE, Tenn. – Sports betting fans in Tennessee wagered for … Read more
Colorado sports betting sees slight dips in betting activity in April. Colorado still saw more than $200 million wagered on sports. In the first year of operation, more than $2 billion dollars was bet on sports in Colorado. DENVER – The Colorado sports betting market … Read more
Louisiana sports betting bill SB 247 has been voted to move forward by the House Committee on Administration of Criminal Justice. The bill now awaits votes from the House of Representatives. This makes sports betting one step closer to launch in Louisiana. BATON ROUGE, La. … Read more
The Department of Interior has officially approved the Arizona tribal gaming compact allowing the state to launch sports betting. The Governor has already signed the sports betting bill into law. This was the final hurdle for launching a regulated market. PHOENIX – Arizona sports betting … Read more
HB 697 has passed in both the Louisiana House and Senate. Regulatory bill SB 247 and tax bill HB 697 have no successfully passed. SB 142 is the last bill that needs to pass. BATON ROUGE, La. – Sports betting fans in Louisiana are now … Read more
Senate Bill 247 has passed in the Senate in Louisiana to regulate sports betting. The bill is now sent to the House where it will be discussed. This is the main regulatory bill for sports betting in Louisiana. BATON ROUGE, La. – The main regulatory … Read more
PASPA was repealed on May 14, 2018. Since the repeal, multiple states and Washington DC have regulated sports betting markets. Sportsbooks like DraftKings have gone public on the NASDAQ. NEW YORK – The repeal of the Professional and Amateur Sports Protection Act (PASPA) will possibly … Read more
DraftKings clears $312 million in the first quarter of 2021. The company has increased its revenue guidance from $900 million to $1.15 billion. The outperformance of the initial goal set has created optimism within the country. BOSTON – Popular sports betting and daily fantasy sports (DFS) … Read more
Legislators in Maine are presenting a new sports betting bill to the state. The last bill passed the House and the Senate but was ultimately vetoed by Governor Janet Mills. The new bill aims to be pleasing to Gov. Mills. AUGUSTA, Maine. – Sports betting … Read more
Former US Associate Attorney General Rudy Giuliani’s house was recently raided by the FBI. Sports betting fans are taking No at -140 for Rudy Giuliani to be Indicted. Giuliani has publicly addressed the FBI raid, criticizing the reasoning behind the raid. WASHINGTON – The political … Read more
More than $304 million was bet on sports in Virginia in March. This can mainly be attributed to March Madness betting throughout the month. FanDuel is the biggest sportsbook in the state, claiming 53% of the market. RICHMOND, Va. – Sports betting fans in Virginia … Read more
TwinSpires has officially launched its sportsbook in Colorado. The launch comes just before the Kentucky Derby kicks off this Saturday. TwinSpires has also recently launched its sportsbook in Pennsylvania and Indiana. DENVER – Colorado horse racing betting fans now have a new way to play … Read more