Esports betting became popular in 2020 due to the COVID-19 pandemic shutting down major sporting leagues. Many new have begun embracing esports as a viable wager option. Esports teams have partnered with sports betting operations. DENVER – Those betting on sports in 2020 really embraced … Read more
Florida lawmakers are set to present a new bill that would regulate sports betting in the Sunshine State. Florida failed to pass a legal sports betting bill earlier in 2020. Lawmakers are looking to use the added sports betting funds to fund education. TALLAHASSEE, Fla. … Read more
Louisiana voted to approve regulated sports betting during the November legislative session. It has taken Louisiana over two years to launch daily fantasy sports after voters approved it. Sports betting may follow a similar trend and be at least two years out from the official … Read more
Proxy betting has been a staple in the gambling space for many years. With more states legalizing sports betting, the need for proxy bettors has decreased. DraftKings recently froze a bettors account for using a proxy to place a $3 million wager. LAS VEGAS – … Read more
PAX Holdings has acquired popular sports media outlet Sporting News from DAZN. PAX has strong investments and ties to the legal sports betting world. Sporting News may become a sports betting media platform. MILWAUKEE – Legendary sports magazine Sporting News may be in for a … Read more
Hard Rock Digital is a new interactive gaming and sports betting product. Former Stars Group executives are attached to the product. Hard Rock Digital will now be the vehicle used by Hard Rock International (HRI) globally. HOLLYWOOD, Fla. – Hard Rock Interactive (HRI) has officially … Read more
New Jersey had a record-breaking November with sports betting activity surpassing $931.6 million. The Garden State took in $50.6 million in sports betting revenue. This is a 16% increase in betting handle month over month. TRENTON, N.J. – New Jersey’s sports betting market has continued … Read more
Regulated sportsbook index exchange company RSBIX and designed contract maker ErisX have partnered for an all-new sporting event contract exchange program. The new program allows sportsbooks to sell unique wagers to other sportsbooks and valid personnel. This method can help smaller books recover from potential … Read more
Betting on the number one ranked team to win the NCAA Men’s Basketball Tournament has consistently been a bad bet. Underdog bettors have cashed in big during March Madness. The last time a number one ranked school won the tournament was Kentucky in 2012. INDIANAPOLIS … Read more
Colorado saw a 91.5% increase in tax revenue month over month in October. Colorado took in $824,700, the most in tax revenue since sports betting launched in May. The majority of the sports betting activity came from wagers on football. DENVER – Colorado has continued … Read more
Golden Nugget Online Gaming (GNOG) is expanding into the Illinois sports betting market. The Golden Nugget brand and the Prairie State have agreed to a multi-year partnership. The deal is valued at over $30 million. DANVILLE, Ill. – Illinois sports bettors will soon be gaining … Read more
Mississippi sports betting handle is up 27.5%. The sports betting revenue, however, is down 28.7%. Mississippi still does not have a truly mobile regulated sports betting market. JACKSON, Miss. – Mississippi sports betting in October continued to show a steady increase in betting activity, with … Read more