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The Week In Sports Betting News: DraftKings Stock Rises, As Do Losses

Happy Monday, everyone. It was a halfway decent weekend for sports betting news with golf, soccer, and NASCAR. Hopefully, news of more sports returning follows soon. The LSR Podcast touched on those sports coming back and more in the weekly show that expounds on issues throughout the sports betting world. Make sure to subscribe so you never miss an installment.

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9/18/2020

article ESPN Completes Cycle As All Major Broadcast Networks Now Embrace Betting: The Deal Rundown And Impact
(USA) -- The Worldwide Leader in Sports slid across the plate this week, the fourth of the big four broadcast networks to completely, unabashedly embrace legal sports...
article As college football plays through COVID-19, a gambling market has developed around player availability
(USA) -- When Arkansas State upset Kansas State last Saturday, Las Vegas shook. The Red Wolves pulled off the stunner with a traveling squad of only 62. They were...
article SportsHandle: That was the week that was in US sports betting - September 18, 2020
(USA) -- SportsHandle and friends deliver another round-up of the week’s big developments in US sports betting.

9/16/2020

article Man who ran $800K NFL pool cannot sue Monmouth prosecutor, court rules
(New Jersey) -- A panel of appellate judges on Wednesday ruled a Sayreville man who ran a six-figure football pool cannot sue the Monmouth County Prosecutor’s Office...
article With Sports Bettors Stuck at Home, ESPN Sees Opportunity to Tap Into Viewer Thirst for Useful Wager Info
(Internet) -- ESPN kicked off a YouTube channel this week focused on sports betting as it tries to capitalize on the increasing demand for online content related to the...
article WarnerMedia Takes a Chance on Sports Wagering Content With ‘TNT Bets’ Live-Stream
(Internet) -- WarnerMedia is joining the growing parade of media companies eager to court consumer interest in sports betting. During coverage of the NBA’s Western...
press release Gradual Re-Introduction of Professional Sports is a Boon for the Betting Industry
(Wall Street) -- Casinos and gambling have been large markets for many years, but sports betting has a been a slow growing segment; until recently.

9/15/2020

article PointsBet Refunds NFL Bettors Who Picked Titans to Cover Spread vs. Broncos
(Las Vegas) -- Stephen Gostkowski taketh away. PointsBet giveth back. The Tennessee Titans opened the NFL season by beating the Denver Broncos 16-14 on Monday night,...

9/14/2020

article NFL betting, return of table games offers glimmer of hope in Colorado’s COVID-impacted casino towns
(Colorado) -- Like many corners of Colorado that had high hopes for 2020, the state’s gambling capital of Gilpin County has absorbed some serious body blows in...
article ESPN Cuts Sports Betting Deals With DraftKings And Caesars Entertainment
(USA) -- Dialing up its wagering efforts around sports, ESPN has made two separate sports betting partnerships -- one each with DraftKings and Caesars Entertainment to...
article ESPN Kicks Off YouTube Sports Betting Channel, ‘Bet’ Show
(Internet) -- Broadcast titan ESPN is enlarging its sports reach — this time on the streaming sports-betting front.
article As NFL Kicks Off Strangest Season
(USA) -- After years of playing stay-away, pro teams are embracing sports betting. But will the public embrace the NFL? The NFL opened up last weekend to an uncertain...

9/13/2020

article COLUMN: Sid Rosenberg should know better than to push sports betting
(New York) -- You don’t believe we’re on the eve of self-destruction? If I were no longer surprised to hear anything, I would have driven off the road....
article DraftKings, Penn National: Echoes Of The 2000 Dotcom Bubble Getting Louder By The Day
(Wall Street) -- A Columbia University professor of mine who taught a class in logic admonished us to follow a single, iron clad rule throughout our careers “Be...

9/12/2020

article Unprecedented mega-sports weekend could be online betting bonanza
(USA) -- There has never been an American sports weekend like this one, and there may never be another one like it again. That’s exciting for sports fans and big...
article New Player In U.S. Sports Gambling Industry Seeks To Win Big By Cutting The Vig
(Chicago) -- As Americans got ready Saturday for the first full Sunday slate of NFL games, along with the U.S. Open finals and more of the NBA playoffs, a startup...

9/8/2020

article Feuding over who controls, profits from sports betting stalls legislation
(Kansas) -- Kansas City Chiefs fan Rob Olson raised his voice during a Kansas Senate debate to let colleagues know how frustrated he was with inability of politicians,...

9/3/2020

article Mike Greenberg explores sports' "craziest gambling stories" in new ESPN+ series
(USA) -- The 15-minute show, which tells the stories behind sports betting's craziest wins and losses, is part of a larger sports betting push by ESPN. The company...

9/2/2020

article Gambling on Sports In a Pandemic World
(USA) -- New Jersey took in $315.1 million dollars during the month of July in sports betting. That number was up from June, when the state brought in $165 million. A...

8/31/2020

article Status Check: Six More States May Legalize Sports Wagering in 2020
(USA) -- Despite a once-in-a-century pandemic, a three-month suspension of most major professional sports around the world, and the temporary closure of casinos and...
article The Week In Sports Betting News: ‘Good’ And ‘Bad’ Actors, Rejoice!
(Internet) -- Happy Monday, everyone. News flow was dominated by sports betting stories out of Illinois last week, which is on its way to becoming a very important...
article NFL betting will be 'business as usual,' online casino software CEO says
(USA) -- Internet gambling software CEO Dermot Smurfit told “Varney & Co.” on Monday that he thinks the NFL season will be “business as usual....

8/30/2020

article A Look Inside The Huge NBC Sports And PointsBet Gambling Deal
(USA) -- PointsBet has long contended it would be a major player in the US sports betting scene. That narrative got a big boost on Thursday. The Australian-based online...

8/28/2020

article PointsBet Named Official Sports Betting Partner Of NBC Sports
(New York) -- On Thursday, PointsBet and NBCUniversal announced a multi-year partnership that names PointsBet as the official sports betting partner of NBC Sports. The...
article PointsBet secures 'transformational' sports betting deal with NBCUniversal
(New York) -- NBCUniversal and PointsBet have inked a multi-year partnership under the terms of which PointsBet has been signed up as the official sports betting partner...
article NBC Sports Names PointsBet as Official Sports Betting Partner
(Connecticut) -- NBCUniversal and PointsBet announced a multi-year, $500 million partnership by which PointsBet becomes the official sports betting partner of NBC Sports.
article DraftKings and Penn National Downgraded on Valuation Concerns
(Wall Street) -- Shares of sports gambling company DraftKings and casino company Penn National Gaming fell Friday after Morgan Stanley downgraded both to equal weight...

8/27/2020

article PointsBet Named Official Sports Betting Partner of NBC Sports
(USA) -- PointsBet, the Australian gaming company making inroads in the U.S. sports betting market since 2019, announced its biggest deal Thursday — a five-year...

8/25/2020

article Sports Betting App Expands to Politics After Covid Disruptions
(USA) -- BallStreet, an app that aims to make wagering on sports feel like day trading, is turning to politics and competitive video games after the global pandemic led...

8/24/2020

article Fox Bets on Howie Long to Spur New Interest in Sports Wagers
(USA) -- Howie Long has long helped Fox viewers understand the ins-and-outs of gridiron play. Now he’s going to encourage them to make a wager on what they might...

8/23/2020

article FanDuel spells out a key to sports-betting success: R-E-S-P-E-C-T
(USA) -- Offering action on events ranging from Kanye West tweets to table-tennis matches, FanDuel kept fans engaged through the COVID sports shutdown, a company...

8/20/2020

article Barstool Sports founder Dave Portnoy back from short-lived COVID-19 scare
(Wall Street) -- Dave Portnoy’s COVID-19 scare didn’t last long. The Barstool Sports founder on Thursday morning posted an update to his Twitter page...

8/18/2020

article With Sports Bettors Stuck At Home During Pandemic, Online Gambling Provides Jackpot
(Internet) -- Gamblers have turned to online betting during the coronavirus pandemic, and there is a belief that Americans will continue to wager from the comfort of...

8/17/2020

article ‘Pent-up demand’ for live sports drives gambling pick-up in June
(UK) -- The UK Gambling Commission (UKGC) has disclosed that punters appear to be more engaged in betting activities now that live sports has returned.
article The Week In Sports Betting News: When Losing $161 Million Is OK
(USA) -- Happy Monday, everyone. Sports betting appears to be back in full swing after the news that two states saw significant growth in July with limited major events...

8/14/2020

article Bettor sells $434K open parlay ticket for $3K on PropSwap
(Las Vegas) -- Before moving from New Jersey to Atlanta, 26-year-old Ryan Wright went to the Meadowlands and put down $40 on one of his crazy parlays.
article Betsson Ready To Go Head-to-Head With Kambi For US Sportsbook Deals
(USA) -- New US market entrant Betsson has pledged to go head-to-head with its more established rivals in the hunt for stateside B2B sportsbook contracts. Although...
article Evolution Gaming Signs Deal With PointsBet, Confirms Live Dealer Coming In PA, Michigan
(USA) -- On Thursday, Evolution Gaming announced a deal with Australian bookmaker PointsBet. Evolution will provide live dealer games to the latter’s upcoming...

8/13/2020

article Sports Illustrated Looks for a Sports Betting Partner
(USA) -- The owner of Sports Illustrated is reportedly shopping betting companies for a future partnership that could take place before the year is up. Authentic Brands...
article Former Casino Lobbyist Sara Slane Investor in B2B Sports Betting Startup
(Wall Street) -- Sara Slane — the former senior vice president of public affairs at the American Gaming Association (AGA) — is an investor in a new business-...

8/12/2020

article Sports Illustrated owner gears up for deal with sports betting company
(New York) -- The owner of Sports Illustrated is gearing up to complete a deal with a sports-betting company before year end, Media Ink has learned. “It will be a...

8/4/2020

article Another FanDuel Sportsbook Palp Leads To NJ, IN Investigations
(USA) -- A pricing error and subsequent withheld payout on a Major League Soccer game last month led to multiple state investigations for FanDuel Sportsbook. Multiple...
article Soccer bets, unpaid, under review in New Jersey, Indiana
(USA) -- Gaming regulators in multiple states have been examining dozens of soccer bets that sportsbook FanDuel has withheld payment on for weeks, leaving bettors...

8/3/2020

article BLOG: Lawmakers Foster Misconceptions About Sports Betting, Importance Of Mobile
(USA) -- Operators and gaming advocates continue to face familiar old obstacles when lobbying legislators. Among other issues, there is a misunderstanding of the benefit...

7/31/2020

article Gambling on College Football Almost Fixed My Dysfunctional Family
(New York) -- My first mistake was feeling sorry for him. The first season my brother and I bet on college football against each other, I beat him so badly I often...

7/29/2020

article How Does the Coronavirus Affect Sports Betting?
(USA) -- Sports is slowly coming back to North America, and that means that sports betting is returning, too. With baseball restarted and the N.B.A. and the N.H.L. soon...

7/27/2020

article PA Congressman, AGA Push to Repeal ‘Antiquated Federal Taxes’ on Legal Sportsbooks
(Washington D.C.) -- The co-chairs of Congressional Gaming Caucus, which include a Pennsylvania Congressman, have proposed bipartisan legislation to repeal the federal...
article Who founded Barstool Sports?
(Internet) -- Barstool Sports, a media company known as much for its raunchy humor and big personalities as it is for its sports coverage, has come a long way since its...
article "Cousin Sal" Iacono Launches Sports Gambling Media Company Extra Points
(Internet) -- After years of guest appearances as the go-to gambling aficionado, Sal Iacono, AKA "Cousin Sal," has started his own venture with Extra Points, a...
article The Week In Sports Betting News: Making A Big Mess Even Bigger And Messier
(USA) -- Happy Monday, everyone. Major sports are back with MLB‘s return last week, but sports betting enthusiasts are waiting impatiently to see what the news of...
article Online Betting Reaps Rewards of Sport's Resumption
(Wall Street) -- In recent years, thanks to relaxation of laws and regulation across the globe for online gambling, the industry has seen strong growth in demand and...

7/25/2020

article Bill to Remove Federal Sports Betting Taxes Introduced, Gaming Industry Applauds
(Washington D.C.) -- A federal sports betting bill has been introduced in Congress that seeks to repeal the 0.25 percent tax the United States government collects on...

7/24/2020

article Federal Handle Tax Targeted In New Bipartisan House Bill
(Washington D.C.) -- The co-chairs of the recently-relaunched Congressional Gaming Congress introduced bipartisan legislation Friday to end the federal excise tax on...
article BOOK: Poker Skills Can Make Investing Less Like Gambling
(New York) -- When “Moneyball” by Michael Lewis 1 was published in 2003, it quickly gained a big following on Wall Street. The book is ostensibly about...

7/23/2020

article NCAA Makes Case To Senators To Ban Betting on College Sports
(Washington D.C.) -- A prominent athletic director warned a U.S. Senate committee panel on collegiate sports Wednesday that failure of Congress to outlaw betting on NCAA...

7/22/2020

article NCAA Makes Case To Senators To Ban Betting on College Sports
(Washington D.C.) -- A prominent athletic director warned a U.S. Senate committee panel on collegiate sports Wednesday that failure of Congress to outlaw betting on NCAA...
article Pitt AD to Senate Judiciary Committee: Gambling on college sports shouldn't be legal
(Washington D.C.) -- Pittsburgh athletic director Heather Lyke argued in a Senate Judiciary Committee hearing on Wednesday that gambling on college sports should be...

7/19/2020

article Terry Francona's son says Cleveland Indians need to do more than just change name
(Ohio) -- After the Cleveland Indians announced earlier this month that they were having conversations that could result in the franchise changing its name, manager...

7/18/2020

article Senate Judiciary Committee hearing to focus on integrity of college sports, athletes' NIL rights
(Washington D.C.) -- A congressional committee will examine ways to protect the integrity of college athletics in a hearing scheduled for Wednesday. The hearing in the...

7/13/2020

press release The 'Outright Concussion' Ahead For DraftKings And SBTech
(Internet) -- DraftKings and SBTech now are one in theory. In practice, the marriage still will require plenty of counseling and compromise before it is fully...
article Despite Pandemic, New Sports Gambling And Online Gaming Market Entries Proliferate
(New York) -- If someone had told you at the beginning of 2020 that, by March, global sports would largely shut down, with a slow resumption not happening until the...

7/8/2020

article UNLV institute to study effects of sports wagering
(Las Vegas) -- As more states consider legalizing online gambling and sports wagering, legislators and regulators face many unanswered questions about the potential...
press release Pat McAfee Inc., FanDuel expand sports betting, media partnership
(Indiana) -- Former Indianapolis Colts punter Pat McAfee and FanDuel are taking their relationship to the next level. McAfee and the sports betting platform have worked...
article Kindred Group’s earnings jump despite sports betting halt
(Wall Street) -- Nordic online gambling operator Kindred Group says it enjoyed a year-on-year earnings spike in Q2 despite the pandemic-related mass suspension of sports...
article Dave Antony, Chris Barranco and Kelli Weaver join SCCG Management’s Business Development Team
(Las Vegas) -- Stephen Crystal, managing partner of SCCG Management announced today that the business development team has been enhanced with the addition of Dave Antony...

7/7/2020

article What Now? BetMGM, Nevada Sports Betting Regulators Sort Past-Post Mess
(Las Vegas) -- Should BetMGM be forced to pay out on bets that were placed after the event had started, thus giving the bettor a material edge? That’s the question...

7/6/2020

article 85-year-old involved in illegal sports gambling ring pleads guilty
(Illinois) -- This past February, ten people were indicted in the U.S. for their participation in an illegal sports gambling ring out of Illinois, including the mayor of...

7/5/2020

article Gambling support led to accusation 1948 Nevada football team threw game
(Nevada) -- The 1948 college football season brought a seemingly non-stop whirlwind of national headlines, records, recognition and scandal to the Nevada Wolf Pack....

7/4/2020

article Betsson set to enter U.S. sports betting market in Colorado
(Colorado) -- Betsson, a Sweden-based operator, has reached a deal with Dostal Alley Casino to enter the United States through the Colorado sports betting market. It...

7/3/2020

article Gambling: Attendance Lines Set for College Football Season
(Internet) -- The oddsmakers at SportsBettingDime have officially set the over/under combined attendance total at 13.62 million for this coming FBS Division I college...

7/1/2020

article Why States Are Betting On Sports Gambling To Cover Budget Deficits
(USA) -- Higher state budget deficits could serve as a potential catalyst for faster regulatory approval of sports betting, and its cousin, mobile casino gambling. State...

6/30/2020

article Bets taken after International baseball games began could cost Vegas casino hundreds of thousands of dollars, report
(Las Vegas) -- Nevada Gaming has opened an investigation into approximately 50 wagers placed on International baseball games in China and Korea early Sunday morning....

6/29/2020

article Circa Sports CEO Derek Stevens Confident Of 2020 Sports Betting Boom
(Las Vegas) -- When Las Vegas was set to reopen on June 4, there was no one more optimistic and/or grateful than Derek Stevens, CEO of Circa Sports and owner of the...

6/18/2020

article The Odds of Sports Gambling Legalization in a Pandemic
(USA) -- 2020 was supposed to be the year sports betting exploded. But a pandemic hit, the economy tanked, and major sporting events were canceled across the country. As...

6/16/2020

article How Sportsbooks Are Preparing For The Return Of US Sports Betting
(USA) -- While table tennis and Belarussian soccer have been surprising saviors for stateside bookmakers during the coronavirus shutdown, the fallow period without US...
article Eldorado and Caesars’ cost cutting is boosting profits at regional casinos as merger close nears
(Wall Street) -- As Eldorado Resorts and Caesars Entertainment inch closer to merging with one another, tight controls on costs are helping to make the companies’...
article 'They are just doing stupid things': Billionaire investor Leon Cooperman warns the rise of Robinhood traders will 'end in tears'
(Las Vegas) -- Amateur investors have been piling in money into different stocks and taking advantage of the market crash over recent weeks, but billionaire investor...

6/15/2020

article Vermont Senate Bill Creates Panel to Examine Sports Betting Options
(Vermont) -- When the Vermont state Senate convenes on Tuesday, it may give a final vote on a bill that would create a committee to examine how the Green Mountain State...

6/14/2020

article Trading Sportsbooks for Brokerages, Bored Bettors Wager on Stocks
(Wall Street) -- When he wasn’t coaching sports, he was playing them or watching them. And if he was watching — well, a little skin in the game always made...

6/13/2020

article Senate approves committee to study legal sports betting in Vermont
(Vermont) -- The Senate unanimously approved Friday setting up a study committee to investigate how the state could tax and regulate sports betting in Vermont. When Gov...
article Anyone For Ukrainian Table Tennis? The Shady Sport That Feeds Online Gambling
(Worldwide) -- “Do you ever get a feeling that something’s not quite right,” says the opening line of an email sent from a reader, who comes...

6/11/2020

article BLOG: Sports Gambling Today: Is there still value for Sports Bettors in Futures Wagering?
(Internet) -- For many of us the words, “save your money for a rainy day” have been ingrained in our heads from birth. With all the uncertain times still...

6/9/2020

article Sports bettors may be a driving force behind the stock market surge
(Wall Street) -- Professional investors have largely abandoned the stock market amid the coronavirus pandemic, but sports bettors and bored millennials have jumped into...

6/3/2020

article While Ohio waits on sports gambling, Pennsylvania, Michigan head into sports and more online
(USA) -- While Ohio casinos have been shuttered by coronavirus, business in one segment of the gambling industry has taken off in Pennsylvania during casino closings...

6/2/2020

article Content Keeps Bettors Nearby as Gambling Companies Wait Out Hiatus
(USA) -- As the coronavirus pandemic shut down sports across the globe, theScore saw its sports betting handle dry up. Still, theScore CEO John Levy said engagement on...

6/1/2020

article The mavericks who remade sports, part II: The oddsmaker who globalized sports betting
(British Columbia) -- Roxy Roxborough took bets on Fridays. He was a street-savvy numbers guy booking bets for other street-savvy numbers guys in a place that felt more...
article The Big Kick-Off: Sports Gaming Ready To Rumble
(Wall Street) -- Gauging by lines of customers waiting outside casinos hours before reopening in Idaho, Arizona, California and Louisiana, recovery in the gaming...

5/23/2020

article Coronavirus Shutdowns Are Driving Sports Bettors To Horse Racing, Poker And Esports
(USA) -- Even as sports like UFC, NASCAR and the German Bundesliga start to reappear, the prevailing theme in the sports betting industry during the COVID-19 pandemic...

5/22/2020

article Stats Perform backs IBIA call for global betting standard, says bet manipulation ‘harms industry’
(Worldwide) -- The International Betting Integrity Association is calling for all companies operating in the sports betting data supply chain to develop a set of global...
article Sports Bettors’ Habits Change During Quarantine, And The Industry Adapts
(Internet) -- Even as sports like UFC, NASCAR, and the German Bundesliga start to reappear, the prevailing theme in the sports wagering industry during the COVID-19...

5/21/2020

article Here Are All The Crazy Things People Are Betting On In The Absence Of Live Sports
(Worldwide) -- With most live sports suspended during the coronavirus pandemic, online gamblers have turned to different contests like Russian table tennis and Korean...

5/20/2020

article BLOG: Off A Big Weekend, Sportsbooks Are Optimistic For Momentum Through The Summer
(USA) -- The sports gambling world came back to life last weekend thanks to UFC, NASCAR and golf being on TV again. One of these days or weeks, there will be summer NBA...

5/18/2020

article Gambling Today: Bettors Couldn't Wait To Wager on the Ponies as Tracks Reopen
(USA) -- Sporting events being conducted without spectators are something we’ll be talking about for generations. The first industries to see this transpire are...
article The Week In Sports Betting News: DraftKings Stock Rises, As Do Losses
(Wall Street) -- Happy Monday, everyone. It was a halfway decent weekend for sports betting news with golf, soccer, and NASCAR. Hopefully, news of more sports returning...

5/17/2020

article Gambling Site Turns To Porn Star Beer Pong Tournament To Drive Business
(Internet) -- As the ongoing coronavirus pandemic continues to put sporting events on-hold, one online betting portal has made an unusual partnership to drive business....

5/15/2020

article VIDEO: The House Takes the Juice: How Sportsbooks Make Money
(Las Vegas) -- Sports gambling may have slowed since the onset of the coronavirus pandemic, but it hasn't disappeared completely. Sports betters are getting their fix...

5/14/2020

article Over a third of the U.S. can legally bet on sports: Here's an updated map
(USA) -- After New Jersey's Supreme Court victory in May 2018, any state can legalize sports betting. At the same time various state lawmakers are considering sports...

5/12/2020

article Sports betting has high hopes despite $43 billion hit
(USA) -- It was supposed to be a big day for sports bettors and a big deal in Colorado. If May 1 had been like it was in other states when sports betting was rolled out...

5/10/2020

article Miss Sports Betting? Get In On Ukrainian Table Tennis While You Can
(New York) -- After more than a month-long hiatus, sports return to action Saturday night. Sports has always played a key role in a return to normal, but this time the...

5/9/2020

article Where have you gone, Evgeni Malkin? Local bettors turn to obscure Russian hockey league
(Pennsylvania) -- Even while all major North American team sports are shut down because of the coronavirus, Pittsburgh continues to add to its reputation as a hockey...

5/8/2020

article BLOG: SportsHandle: that was the week that was in US sports betting
(USA) -- Louisiana lawmakers have been down this road before. In 2018, lawmakers sent the decision to legalize daily fantasy sports to the voters. Eighteen months later...

5/7/2020

article VIDEO: The World of Sports Betting in a World Without Sports
(USA) -- The novel coronavirus shut down major sports worldwide and, in the process, crushed the sports-gambling industry. Casinos, online bookmakers and the bettors...

5/6/2020

article Coronavirus Shutdowns Sink US Sports Betting Handle In March
(USA) -- The lack of major sports for more than half of March led US sports betting handle to fall 65% from February. Sports betting revenue also suffered, falling 58%...

5/5/2020

article Gambling Today: Is the Sports Gambling Market on Verge of Collapsing?
(USA) -- Thanks to a report on SportsHandle.com, it appears a new threat to the world of sports betting has emerged.Sports Illustrated’s John Wall Street broke...

5/3/2020

article Belarussian Soccer Is No Substitute for Sports Fans’ Betting Fix
(Worldwide) -- European sports betting firms are turning to the lesser-known thrills of Nicaraguan soccer, Ukrainian table tennis and Chinese baseball in an effort to...
article Industry analysts: Obscure sports bets not expected to last once traditional sports resumes
(USA) -- Sports bettors like action and sweating outcomes—and that’s why they’ve turned to table tennis, darts, eSports, virtual sports, lower-league...

5/2/2020

article MGM Resorts looking to host fanless NBA games in Las Vegas
(Las Vegas) -- With major professional sports on hold amid the coronavirus pandemic, rumblings of sporting events resuming with Las Vegas as the host city are getting...

5/1/2020

article United States of sports betting: An updated map of where every state stands
(USA) -- After New Jersey's Supreme Court victory in May 2018, any state that wishes can legalize sports betting. At the same time various state lawmakers are...

4/28/2020

article Sports Betting Volume May Be Just A Third Of What It Was Around The World
(Worldwide) -- The drop in sports betting activity around the world as a result of the COVID-19 pandemic could be in the range of 60-70%, based on accounts offered by a...
article Sportsbooks Grapple With Bettors Withdrawing Funds As Sports Calendar Remains Frozen
(Las Vegas) -- The sportsbook industry has faced difficult, if not insurmountable, challenges in the past. During the 2008 financial crisis, unemployment in Las Vegas...

4/25/2020

article Sports bookies are lost during coronavirus
(New York) -- Bruno (he asked us to use his nickname) woke up on March 12 expecting it to be a glorious day. After all, it was his 50th birthday, a milestone in anyone...
article What Happens to Gambling When Sports Shut Down?
(Worldwide) -- Springtime is typically full of so many sporting events that fans find themselves spoiled for choice—March Madness Cinderella runs, playoffs in...

4/24/2020

article US Sports Betting Experts Join SBC Digital Summit Thursday
(USA) -- Right about now, the US sports betting industry should be preparing for Betting on Sports America from SBC. The coronavirus pandemic, however, changed plans for...

4/23/2020

article Will Coronavirus Shutdowns Bring ‘Death Blow’ For US Sports Betting Startups?
(USA) -- It was brutal being a US sports betting startup, even before the coronavirus pandemic shut down most of the world. But turn off major sports, add a nationwide...
article Will Coronavirus Shutdowns Bring ‘Death Blow’ For US Sports Betting Startups?
(USA) -- It was brutal being a US sports betting startup, even before the coronavirus pandemic shut down most of the world. But turn off major sports, add a nationwide...
article Boom Sports To Launch B2C Sportsbook To Showcase B2B Wares
(New York) -- US sports bettors could soon have a new out, as New York-based Boom Sports announced plans to launch its consumer-facing sportsbook. Boom this week...

4/22/2020

article No money in mini-tour golf? Sports bettors beg to differ
(USA) -- As the old adage goes, there’s no money to be made in mini-tour golf. A far cry from the lavish land of the PGA Tour sits a world where dozens of players...

4/19/2020

article Desperate sports bettors are turning to table tennis and presidential debates as cancellations drag on
(Worldwide) -- Sports may no longer be blaring on television screens across the country, but that’s not deterring some gamblers from placing bets on anything that...

4/18/2020

article Horse racing gets more TV time with other sports scratched
(USA) -- Socially distanced crews in New York and California are keeping horse racing on television in the U.S. during the coronavirus pandemic. Horse racing is one of...
article Competitive Marble Racing Finds Fans in a World Missing Sports
(Worldwide) -- Professional basketball, soccer and hockey games were suspended. Major League Baseball canceled the start of its season, and the Olympics have been...

4/17/2020

article LEGAL BLOG: COVID-19: A Survey of Sports Betting Activity during the Pandemic and Legal Considerations for Stakeholders
(USA) -- Perhaps it should go without saying: Betting on the outcomes of sports contests depends on sports contests actually taking place. For stakeholders in the sports...

4/16/2020

article How NFL Draft Is Becoming First Overall Pick For Sports-Starved Betting Public
(USA) -- US sportsbook operators have seen a flood of bets on the NFL Draft, as sports-starved bettors look for a return to normalcy. DraftKings told LSR that handle on...

4/15/2020

article SuperBook And Famous 'SuperContest' Brand Expanding To Colorado
(Colorado) -- The SuperBook in Las Vegas has been an iconic brand and sports betting destination for decades. Now, it is expanding its presence to a new state for the...
article Major League Eating To Save Competitive Sports: BetOnline Quarantine Challenge Gives Bettors Something To Sink Their Teeth Into
(Internet) -- Major league sports make their highly anticipated return this week, but while the NBA, NHL and MLB remained sidelined, it is Major League Eating who is...
article A Retired Brewers Pitcher Shares Story About His Run-In With Taiwanese Gangsters
(Wisconsin) -- Even though baseball is an American invention, cheating isn’t. Baseball’s history is not without its scandals. There’s the infamous...

4/14/2020

article iRacing, esports and pingpong: What people are betting right now
(USA) -- As the world faces a global pandemic from the coronavirus, the sports betting community is adjusting to a new normal that includes an unprecedented economic hit...
article SuperBook ready to break out of Nevada with Colorado launch
(Colorado) -- The iconic SuperBook sports betting brand is to be expanded outside of Nevada for the first time thanks to a deal with gaming and hospitality firm Jacobs...

4/13/2020

article With Casinos Closed, Gambling Addicts Look for Ways to Cope
(New York) -- When thinking about addictions, many people's minds go to drugs and alcohol. But there's another type of serious addiction, with the same serious...
article BLOG: The Week In Sports Betting News: West Virginia Shocked Us For Minutes
(USA) -- For those not keeping track anymore, let us remind you: It’s Monday. And somehow, a month after the leagues started to shut down because of the...

4/12/2020

article Desperate gamblers turn to obscure sports during coronavirus lockdown
(Worldwide) -- Niche activities like marble racing, table tennis and Swedish trotting are gaining popularity among gamblers forced to drop mainstream sports due to the...

4/11/2020

article Desperate gamblers turn to obscure sports during coronavirus lockdown
(Worldwide) -- Niche activities like marble racing, table tennis and Swedish trotting are gaining popularity among gamblers forced to drop mainstream sports due to the...

4/10/2020

article Gamblers bet on marbles and trotting as pandemic hits sport
(Sweden) -- Table tennis, marbles and the esoteric world of Swedish trotting are suddenly the focus of gamblers the world over now that football, horseracing and other...

4/9/2020

article Sportsbooks Contend With Mass Furloughs As Sports Remain Sidelined Due To Coronavirus
(USA) -- Nearly one month has passed since Black Thursday, a day when at least eight major professional sports leagues worldwide temporarily shut down in response to the...
article Local company sells sports gambling news — even when there are no sports
(Iowa) -- With organized sports shut down worldwide due to the coronavirus pandemic, it stands to reason that the burgeoning industry of sports gambling has been...

4/7/2020

article It Could Be A While Before We See A Sports Betting Month Like February Again
(USA) -- It will likely be months until US sports betting sees a month like February, as the coronavirus pandemic brought the industry to a halt. Reported handle hit $1....

4/6/2020

article Closed and without March Madness bets, sports betting faces new pressures
(USA) -- The Horseshoe Council Bluffs Casino had planned an advertising campaign, looking to beckon visiting college basketball fans to its sportsbook. A rival,...
article Sportsbook apps are finding ways to keep players engaged during shutdown
(Pennsylvania) -- Sports gamblers in Pennsylvania got to live in their dream world for roughly seven months before the COVID-19 pandemic hit. Legal app-based sports...
article What’s The Point Of Banning Betting On In-State College Sports Teams?
(USA) -- Of the 21 states that currently allow legal sports betting in some capacity, 10 have some sort of prohibition on betting on collegiate athletics. And in...

4/5/2020

article Russian ping-pong? Belarussian soccer? In age of coronavirus, sports gamblers find way
(Pennsylvania) -- The current pandemic is causing all of us to wrestle with some of life’s most difficult questions: What day is it? What drawer do I keep my pants...

4/2/2020

article Penske Media Launches Sports-Business Publication Sportico
(USA) -- Penske Media Corp. said today it is launching Sportico, a “digital content platform” focused broadly on the business side of sports. Dick Glover...

4/1/2020

article PlayUSA Rewind: Good Sports Betting News For Esports And The NFL Draft
(USA) -- The coronavirus pandemic has sent shockwaves across the gaming world. As it has been well-documented, the majority of — if not all — casinos in the...
article Weather Betting Replacing Sports Betting? A Cloudy Forecast At Best
(Worldwide) -- It is no secret that the sports betting world is stopped dead in its tracks during the coronavirus pandemic. Many are concerned about the well-being of...

3/31/2020

article Sports betting without sports? Adapting to the age of coronavirus
(USA) -- It’s been more than two weeks since American sports shut down in the wake of the coronavirus, which means that a significant - and largely illegal -...
article BOOK: "The Great Gamble" gets rave reviews from heaps of Hawkeyes
(Iowa) -- David Bluder (husband of Iowa women's basketball coach Lisa Bluder) is getting some fantastic feedback on his new novel, "The Great Gamble."

3/30/2020

article Frustrated Gamblers Turn to Politics as the Only Game in Town
(USA) -- When coronavirus shut down the sports world in the span of a few days it didn’t just sideline thousands of professional athletes and their legions of fans...
article Virtual Tennis Provides Boost To Online Sports Betting During Lockdown
(Internet) -- The global sporting shutdown caused by the coronavirus crisis has affected fans, sports organizations, and broadcasters alike. Fans miss out on the sports...

3/29/2020

article You have to give props to this Vegas-based sports-betting company
(Chicago) -- In the cutthroat, savage business of sports wagering, what Chicago natives Ian Epstein and Luke Pergande recently delivered with their secondary-market...

3/27/2020

article Gamblers find unlikely sport to bet on amid COVID-19 shut downs — Ping-Pong
(Indiana) -- Northwest Indiana's casinos and online sportsbooks should be booming, with bettors wagering on the final rounds of the NCAA men's basketball...
article BLOG: How Sports Gambling Has Changed Without Sports
(Internet) -- Would you take the Mavericks getting 9.5 points on the road against the Kings? In real-life, with a healthy Luka Doncic and Kristaps Porzingis in the...
article How Sports Gambling Has Changed Without Sports
(USA) -- Would you take the Mavericks getting 9.5 points on the road against the Kings? In real-life, with a healthy Luka Doncic and Kristaps Porzingis in the lineup,...

3/25/2020

article Sports Betting Study Bill Gets Approval In Vermont
(Vermont) -- With much of the rest of the world working from home or not at all, Vermont lawmakers moved a sports betting bill forward on Tuesday. The Senate Committee...
article A Look Back At What Parlay Patz Case Could Mean For Sports Betting
(New York) -- Weeks removed from the charges against a sports bettor for threatening athletes, it’s worth taking a closer look at exactly what is alleged and what...

3/23/2020

article Japanese sumo wrestling popular bet at William Hill
(California) -- Scanning the globe for sports betting content, William Hill sportsbook found a gem in Japanese sumo wrestling. The book took more than 1,000 bets on its...
article Miss sports? You can always gamble on weather forecasts
(Colorado) -- Sports fans probably miss sports more than usual this week. This week, of course, would normally feature the opening rounds of the NCAA men’s...
article Not all bets are off: Gamblers wager on everything from weather to Trump tweets
(USA) -- Sports betting platforms are finding creative ways to fill the void from the unprecedented suspension of professional and college games as a result of the COVID...
article Sports Gamblers Are Wagering on Some Ridiculous Things Amid Coronavirus
(USA) -- We're now entering uncharted territory when it comes to life without sports, and there's no indication they'll be back anytime soon. March Madness...
article Thanks to coronavirus, sports bettors have shifted to camel racing and the weather
(Worldwide) -- Proving that no hole is deep enough, there is Russian table tennis, soccer in Belarus and rugby in Australia if you have the itch to bet. Or, if you are...
article BLOG: What to Bet on When There’s Not Much Sport
(Worldwide) -- We know there are far more important things going on in the world right now than sports. But, while everyone is hopefully being responsible by staying at...

3/22/2020

article How the sports-betting industry is responding to the coronavirus pandemic that has halted most major sporting events
(USA) -- The coronavirus pandemic has dealt a blow to the legal sports-betting industry that was poised to take off in the US in 2020. Major sporting events, including...
article Gambling companies heavily promoting obscure sporting competitions
(UK) -- British MPs have implored online gambling firms to impose a temporary betting cap of £50 a day during the Covid-19 crisis, as evidence emerged that they...

3/21/2020

article In the coronavirus sports void, these are the desperate bets gamblers are making
(Las Vegas) -- For Duane Colucci, Thursday should have been one of the biggest days of the year. Colucci works as assistant race and sports manager at the Rampart Casino...
article Sportsbooks turn to weather, politics, and golf minitours
(Worldwide) -- The lights are out in Las Vegas. The glistening Strip, 4.2 miles of South Las Vegas Boulevard that can be seen from hundreds of miles away in an airplane...
article Sumo wrestling? Rugby? Casinos closed due to coronavirus, but sports betting goes on
(Nevada) -- Most of the sports world is shut down due to the coronavirus pandemic, but sports bettors who still need their action can bet online, even though casinos in...

3/18/2020

article As sports shut down, gamblers and bookies try (and fail) to find enough games to bet
(Worldwide) -- The headline-thirsty Costa Rican sports-betting website Bovada is known for splashy prop bets, including wagers on that scrambling black cat making a...
article How big is sports betting? Here’s how much money is lost with the coronavirus.
(Florida) -- Every March, billions of dollars are wagered on the NCAA’s men’s and women’s basketball tournaments. The nickname, March Madness, isn...
article Newgioco CEO: Italian coronavirus shutdown causing “measurable increase” in mobile
(Italy) -- As coronavirus sweeps across Italy, the Italian Government has implemented a lockdown with the intention of stopping the virus from spreading further. The...
article Newgioco Provides Update on Italian Operations Due to Coronavirus Quarantine
(Italy) -- Newgioco Group, Inc. (“Newgioco” or the “Company”) (Nasdaq: NWGI), a global sports betting and interactive gaming technology company...

3/17/2020

article Coronavirus sends sports betting scrambling
(Worldwide) -- Sportsbooks are flummoxed over what to do about the lack of sports events. Why it matters: 2020 was supposed to be the year that sports betting really...
article How sports betting has been affected by coronavirus
(USA) -- The legal sports business betting in the metropolitan area still is operational . . . sort of. In-person betting was to shut down on Monday night in line with...
article Patriots’ Super Bowl odds in Las Vegas soar without Tom Brady
(Las Vegas) -- The Tom Brady era in New England ended Tuesday morning when the quarterback announced he was leaving the Patriots after 20 seasons with the team. Las...

3/16/2020

article Horse Racing Is One of the Last Sports Standing in US
(USA) -- With nearly every sport in the United States shut down for the foreseeable future because of the coronavirus, there is one that intends to go on as long as...
article For sports gamblers, UFC is the last show in town
(Las Vegas) -- On Saturday night, with nearly the entire sportscape shut down except for a defiant UFC Fight Night event out in Brazil, the texts began rolling in....
article Horse Racing Helps Fill The Sports Void Caused By The Coronavirus Pandemic
(USA) -- In what felt like an instant the sports world ground to an abrupt halt right as word came down that Utah Jazz center, Rudy Gobert tested positive for novel...
article How Sportsbook Operators Expect Coronavirus To Affect Revenue
(UK) -- Sportsbook operators have put out their first statements regarding the business implications of shutdowns from the coronavirus pandemic. GVC Holdings estimates...
article PropSwap NCAA futures buyers will get money back
(Las Vegas) -- Buyers who purchased NCAA Tournament futures on the secondary betting market website PropSwap will be made whole, the company announced Monday. The...
article The coronavirus may have stopped sports, but it won’t stop the action
(USA) -- It’s obvious that the coronavirus is going to have a major impact on the global economic picture for some time to come. For the gambling industry in the...

3/14/2020

article DraftKings, FanDuel users say nothing left to bet on after coronavirus sidelines sports leagues
(Massachusetts) -- Rhode Island resident Scott Champlin has been using the daily fantasy sports apps DraftKings and FanDuel for the past eight years and said he bets...

3/10/2020

article Miomni lays out Delaware North’s ulterior motives in counter complaint
(Delaware) -- A legal battle between Miomni Games and Delaware North Games (dNG) has been brewing for some time. The former partners, who split after a fishy failure of...

3/9/2020

article The Week In Sports Betting News: Illinois And Michigan Have Next
(USA) -- Happy Monday, everyone. There was absolutely no shortage of sports betting news last week with Friday being one of the busiest days of 2020. There are a couple...

3/5/2020

article Status Check On Legal Sports Betting In 7 States Headed Toward 2020 Adjournment
(USA) -- This month is the beginning of the end for the possible advancement of legal sports betting in seven states where state legislatures are set to close by the end...

3/4/2020

article Casey Urlacher, brother of Bears great, pleads not guilty in gambling case
(Virginia) -- The brother of Chicago Bears legend Brian Urlacher pleaded not guilty Wednesday to federal charges alleging he acted as a recruiter and bagman for a sports...

2/25/2020

article COLUMN: Warning: Over-Regulation Will Push Sports Bettors To The Black Market
(USA) -- A recent study published by PWC (backed by William Hill and QVC) indicated that it’s getting increasingly difficult for high-stakes bettors in the U.K. to...
article HPA Tech Retreat: How Legalized Sports Betting Will Change the Content-Creation Game
(USA) -- Regulatory constraints are being removed from the gaming industry, and technology makes it possible for fans in some states to place bets in real time from any...

2/20/2020

article The new college student craze: Sports gambling
(USA) -- The days of only being able to bet on sports in a casino are officially coming to a close since online sports gambling is quickly gaining popularity. The...

2/19/2020

article Illinois Sets Launch Date, While Kentucky Bill Slowed by Amendments
(USA) -- Two midsized states that are experiencing vastly different stages of legalizing their sports betting measures appear to be reaching a conclusion as Illinois is...

2/17/2020

article Alaska, Wyoming Make It 21 States With Live Sports Betting Bills
(USA) -- There are now 21 states with sports betting bills introduced this year, 18 of which would legalize sports betting. The latest adds to the list are Alaska and...

2/14/2020

article OP/ED: Why Attaching Sports Betting To Local Casinos Is Bad State Policy
(USA) -- It’s been almost two years since the Supreme Court cleared the way for state legalization of sports betting, and in that time, 13 states have done so...

2/8/2020

article WEEK IN REVIEW: Virginia Sports Betting Bills Advance, Massachusetts Extension, More
(USA) -- VA Senate, House move amended sports betting bills: Virginia lawmakers in both chambers both moved sports betting measures forward on Friday. Two days after...

2/7/2020

article PointsBet Posts First Positive Net Revenue Since US Sports Betting Launch
(Australia) -- PointsBet has posted its first positive net-revenue quarter since launching in the US sports betting market. The Australian company last week filed...

2/5/2020

article Legal betting on last Sunday's NFL Super Bowl was a big winner in Oregon. Meanwhile, Washington state lawmakers ponder whether to legalize sports betting too.
(Oregon) -- Legal betting on last Sunday's NFL Super Bowl was a winner for the state of Oregon and a handful of Oregon tribal casinos. This comes as legislators in...

2/1/2020

article A record 26 million Americans will wager estimated $6.8B on Super Bowl LIV
(USA) -- Approximately 3 million more American adults say they will wager on this year’s Super Bowl than last year, according to data released by the American...

1/29/2020

article Legal Sports Betting Predictions for 2020: When Will New York, Florida and California Make the Jump?
(California) -- When it came time for our sports betting predictions for 2020, we could only think of one person to help us through it — Daniel Wallach of Wallach...

1/27/2020

article What Does A Tribal Bingo Case In California Have To Do With US Sports Betting Legislation?
(California) -- There has recently been a lot of talk about a Ninth Circuit Court of Appeals case and what it might mean for online sports betting. The case has...
article FanDuel Makes Sports Betting Risky Again With Robots, Snakes
(USA) -- The Super Bowl is just over a week away, an event many industries consider their most important of the year. Obviously, the NFL has been building to the matchup...
article Radio Gambles on Sports Betting
(USA) -- Who would have thought that a Supreme Court decision would spur the growth of a new talk radio format? But that’s what appears to be happening since May...

1/26/2020

article What Are the Odds Verizon Becomes the New King of Sports Betting?
(Arizona) -- The acquisition of Yahoo! by Verizon hasn't paid off quite the way the telecom giant likely hoped it would, but it may yet fuel some of its biggest...
article Sports Bets Scoring in the U.S.
(USA) -- This map from the American Gaming Association shows the states where sports betting is now legal, where sports betting has been approved but is not yet...
article Charles Barkley's Addiction Has Cost Him Over $10 Million
(USA) -- It’s no secret that NBA Hall of Famer Charles Barkley has a gambling habit, reports ESPN. But most don’t know it’s cost him over $10 million....
article Two Sportsbooks Take no NBA Bets After Kobe Bryant Death
(Las Vegas) -- At least two sportsbook operators – Circas Sports in Las Vegas and Resorts Casino of Atlantic City, N.J. – ceased taking bets on today’s...

1/25/2020

article US Sports Betting Reached New Heights in 2019
(USA) -- Sports betting in US wasn’t legal until two years back. Nevada was the only state to enjoy the betting scene. But when the PASPA was struck down in 2018,...

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