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Sports-Gambling Review

Last Updated 08/25/20
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Risk of slow pay or no pay.

Sports-Gambling News

Tennessee Lottery Commission Board Asks for More Time Again

A Lottery Commission Board in Tennessee that was appointed back in November to create the state’s online betting rules. However, after receiving more feedback than anticipated from a period of public comment, they have requested a delay after being pushed back four times already.

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The Reasons for Optimism For the US Sports Betting Industry

The evolution of the US Sports Betting market since the May, 2018 Supreme Court decision to end its blanket ban across the country has been remarkable. 2019 was an incredible year for a sports betting industry that saw more states come online and an estimated $15 billion in wagers taken in at sportsbooks around the country.

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5G Advancing Sports Betting Experience in the US

Technology in the rapidly expanding US sports betting market is about to hit warp speed. 5G networks have already been launching in various locations across America and are scheduled to be widely available everywhere in the US in 2020. Lightning-quick wireless speeds and network responsiveness on our phones promise big innovation for the big American sports betting scene.

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Kentucky Sports Betting Bill Does Not Require Constitutional Amendment According to Lawyer

It seems like 2020 could be the year that legalized gambling reaches the Blue Grass state. First, the appointment of Andy Beshear, who is pro-gambling expansion, as Governor, was a big first step. Now according to a constitutional lawyer, the sports wagering bill (BR 364) does not require a constitutional amendment.

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Iowa Continues to Experience Strong Sports Betting Number

Winter in Iowa has not been able to cool the strong numbers posted in the sports betting industry. The figures for November are in and they show a 27.5% increase over October from the state’s retail and mobile sportsbooks to a total handle of $59.3 million.  

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Montana One Step Closer to Legalized Sports Betting

It has been a grind in Montana but legal sports betting took a huge step forward last Thursday with The Montana Lottery Commission unanimously signing off on draft rules about who can apply for a sports wagering license in the state.

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New York Slow to Learn Lessons From Sports Betting in Neighboring States

Since a 2018 U.S. Supreme Court ruling opened up legalized sports betting beyond Nevada, some States have been quick to get fully on board while others have been disappointingly slow.

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Morgan Stanley Boosts US Sports Betting Market Forecasts To $7 Billion by 2025

Morgan Stanley investment bank is a believer in domestic sports betting in the US and has amended its Industry Revenue Projections from $5 billion to $7 billion by 2025, topping the June 2018 and December 2018 forecast by 40%.

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Indiana Sports Betting Handle Tops $35 Million In September

Indiana registered one of the most successful opening month handles since PASPA was struck down in May 2018. According to the Indiana Gaming Commission, sports bettors in Indiana wagered more than $35 million in September, which was the first month of legal sports betting.

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Chicago's Five Pro Franchises Want Clarification on SB690

In response to the public-comment period opened by the Illinois Gaming Board (IGB), Chicago’s five major professional teams got together to offer their suggestions to the IGB in the form of a letter written by law firm Fox Rothschild. The letter seeks clarification on SB 690 to avoid issues with possible competitors.

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