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SPORTS BETTING INDUSTRY NEWS RSS

News on scam sports betting operations, events and business deals within the offshore sports gambling industry.

02.22.2020

The American Gaming Association is out with its 2019 Legal Sports Betting Figures and the numbers are impressive. Bettors in America shed $13 Billion on legal sports wagers despite just 14 states to date having a legalized sports betting platform in place and less than half of the American public still not allowed to throw down on their favorite team.

02.21.2020

Republican state Senator Burt Jones filed a bill yesterday that would legalize online sports betting in the state of Georgia. Jones hopes to authorize the Georgia Lottery to manage the online sports wagering system without the need for a constitutional amendment.

02.21.2020

January is typically a drop-off month in the world of US sports betting with College Football playing just one game and the NFL playing 11 games in total. But that didn't stop the state of Pennsylvania, one of the Legal Sport Betting darlings from posting yet another monthly record handle.

02.20.2020

In May of 2018, the Supreme Court of the United States voted to overturn the ban on legal sports betting, giving the decision of whether or not to allow such a platform to each individual state. Since that time, we have seen many come online and some adamantly oppose legalized sports betting. States are definitely taking different paths toward a legal betting platform and Maryland is no different.

02.20.2020

British bookmaker Betfred has tied up a deal to become the official sponsor of Saturday’s heavyweight title fight between Deontay Wilder and Tyson Fury.

02.19.2020

The state of Kansas moved closer to the realization of legalized sports betting Monday thanks to a long-awaited bill that passed through The Senate Committee on Federal and State Affairs. The bill still has to go through full legislative oversight and be taken up in the House before it is taken to the people for a vote and enacted into law.

02.18.2020

Technology will be forever tied to the success of legal sports betting industry around the world. Paysafe, an online payment service and owners of such brands as Skrill, Neteller, and Paysafecard is out with a study to show just how big 5G technology will be for the business of sports betting.

02.18.2020

Gov. J.B. Pritzker has declared that sports betting will be up and running in Illinois before the start of March Madness. The governor campaigned upon a pledge to increase tax revenue by legalizing sports betting, recreational marijuana and other libertarian projects.

02.18.2020

A pair of bills were filed in Mississippi that if passed would legalize mobile/online sports wagering which is not permitted under the current laws. Sports betting launched in the state back in August 2018 but the lack of mobile wagering has hindered the overall handle.

02.18.2020

The legal sports betting gold rush in the US has come with a price. Some major operators are out with their Q4 numbers and many reflect a net loss thanks to heavy acquisition and start-up costs. But Malta-based sports betting company Kambi seems to have bucked the trend, recording some strong earnings despite losing one of its major partners.

02.16.2020

The rash of partnerships in the sports betting industry keeps rolling along with the latest coming between The XFL and The Action Network. The born-again football league welcomes The Action Network as their preferred source of XFL betting analysis and information. The XFL will also depend on what was named “Fantasy Sports Gaming Association's 2019 best sports betting site and app” to provide sports betting content for XFL.com.

02.15.2020

The topic of legalized sports betting in Florida remains... complicated! As one of the Big Fish states for the US sports betting industry, Florida bettors' desires to see a legal betting platform in the state in 2020 seem to be fading with every passing day.

02.15.2020

A bill that would legalize sports betting at tribal casinos across Washington State has passed in a full House floor vote. HB 2638 gained bipartisan support when passing through the House Appropriation Committee in a 25-7 vote on Wednesday.

02.14.2020

The NBA hasn't been shy about aligning themselves with betting operators. On Wednesday, the league signed on with an 11th sportsbook when Australian-based PointsBet was named an Authorized Sports Betting Operator of the NBA. The NBA becomes the global sportsbook’s first American professional league partner in what has been termed a multi-year deal.

02.13.2020

Stockholm-listed Kindred Group is officially expanding its US reach with Tuesday's announcement that they, along with Heavyweight Caesars Entertainment are free to pursue licenses to operate online sports betting and online gaming in Iowa and Indiana. The move adds two more states into the Unibet fold along with Pennsylvania and New Jersey with an eye on more states going forward.

02.12.2020

Legal sports betting will not be coming to the state of Maine after all. The House voted to sustain Governor Janet Mills' veto of a bill that would have legalized sports betting in the state. Last week, the Senate in Maine voted in favor of an override to the veto but after the results coming from the Maine House vote, bill LD 553 is considered dead.

02.12.2020

The state of Nebraska continues debate on whether or not to allow legalized sports betting and poker. To say things are going smoothly in the state would be a fabrication at best as local politicians and local sporting legends have been more-than-willing to voice two sides of the contentious discussion.

02.11.2020

Another week brought another partnership between a casino operator and a sports league. The latest came Friday when the XFL named Fox Bet as an authorized gaming operator. Fox Bet, although available in just New Jersey and Pennsylvania at the moment will look to take advantage of the most bet-friendly league in America and expand its brand in the process.

02.11.2020

Two bills up for a full chamber vote in Virginia seem to be tied to the Washington Redskins whose headquarters is located in the state. The NFL has been known to lobby against wagering in the past which makes this move by controversial Redskins owner Daniel Snyder so interesting.

02.10.2020

Penn National was able to grab the checkered flag Friday when it announced it has become NASCAR's first authorized gaming operator. The move is the latest for Penn National as they try to become a household name in what was a $13 billion industry last year in the US.

02.09.2020

The most-watched professional sports league in America, the NFL is officially out of the dark with regards to legalized sports betting. The resistance to wagering on the sport is a thing of the past as demonstrated by Thursday's announcement that the NFL will be hiring a VP of Sports Betting to oversee the league’s betting initiatives going forward.