American sportsbooks saw revenues more than triple from January 2019 to January 2020. Total betting handle increased greatly as well, even after accounting for industry expansion. With more states set to launch sportsbooks in 2020, this trend of growth should continue. LAS VEGAS – In … Read more
There are 14 states that will vote for a Democratic nominee on Tuesday. Senator Bernie Sanders is favored to win a majority of the states. With two drop-outs, Joe Biden could potentially gain momentum on Super Tuesday. SACRAMENTO, Calif. – Super Tuesday happens this week … Read more
The NFL will allow sports betting lounges to open in stadiums. Only states that legalized sports betting will have betting lounges. Several states with NFL teams are considering to legalize sports betting in 2020. NEW YORK — The NFL has allowed for the opening of … Read more
Tennessee still cannot come up with reasonable rules and regulations that will allow the process of launching legal sports betting in the Volunteer State to become easier. TN HB 1 made mobile gambling on sports legal in 2019 but there are still no set rules … Read more
Residents of Tennessee remain without a sportsbook to gamble on the Super Bowl. Neighboring states of Mississippi and Arkansas both offer sports betting options for Tennesseans. Plenty of options lie within these two states for the sports betting communities in the Volunteer State. MEMPHIS, Tenn. … Read more
Tennessee’s sports betting regulations are drawing negative comments. Experts feel that it is detrimental to their sports betting market and could cost them millions in losses. Study shows France, another market with similar regulations, suffers because of it. NASHVILLE, Tenn. – As the spirit of … Read more
Sports betting was legalized in Tennessee back in July of 2019. Potential sportsbooks hope that betting can start before March Madness. Some potential sportsbooks have concerns that Tennessee could be an uncompetitive market. NASHVILLE, Tenn. – The Tennessee Lottery is ending the public comment period … Read more
The total money wagered at licensed sportsbooks throughout 2019 broke the $11 billion mark. Over $750 million was kept by sportsbooks as revenue from bettors’ losing wagers. With mobile betting becoming standard, 2020 should see over $20 billion wagered. LAS VEGAS – Since PASPA was … Read more
Sports betting in the state of Tennessee has been legalized for months but the launch has stalled. Tennessee wants to involve the public in the final say of sports betting, which received an extension that will further delay sports betting. With no set rules and … Read more
Over 20 states will have legalized sports betting in 2020. The three biggest states for the market are not part of those states but have been in favor of legalization. California, Florida, and Texas have faced either tribal or political opposition on the issue. PROVIDENCE, … Read more
Nevada sportsbooks took in almost $550 million in legal sports wagers during October. Year over year, sports betting revenue increased by $100 million from legal sportsbooks. New sports betting handle and revenue records should continue to be set with mobile betting. LAS VEGAS – With … Read more
Sports betting in Tennessee became legal without the governor’s signature in May. The Tennessee Education Lottery Corporation is working with the Tennessee Sports Wagering Advisory Council to develop regulations and licensing procedures. Tennessee is the only state in the nation to legalize only online sportsbooks. … Read more