For novice sports bettors who want to dip their toes in the gaming pool, but don’t have a good understanding of odds, moneylines or spreads, DraftKings has a new product that essentially dumbs down sports betting to the office-pool level….
The Pennsylvania Gaming Control Board will hear and vote on petitions for three sports wagering certificates at its regularly scheduled meeting on Wednesday. Should all three petitions be approved, the number of properties licensed to operate sportsbooks in Pennsylvania will increase…
As you may be aware by now, bookmaker William Hill US (WH) filed a lawsuit this week against FanDuel in New Jersey District Court, alleging copyright infringement, specifically for copying the company’s “How to Bet Guide” for its own guide in…
As states across the country are discussing legal sports betting, there has been much ado about sportsbooks operating on thin margins, which is news to a lot of lawmakers. By most accounts, a sportsbook earns between $1-$2 in net revenue from…
It’s official — Mississippi loves it some football. The state’s gaming commission released its September sports betting numbers on Monday, and they are sky high. Magnolia State sports bettors wagered $31.77 million and produced $5.5 million in taxable revenue during…
Less than five months after New Jersey won the Supreme Court battle that allowed its casinos to offer sports betting, taxes are going up. According to the Press of Atlantic City, Governor Phil Murphy signed off on a 1.25 percent…
According to an Associated Press report, FanDuel will pay out more than $82,000 on an erroneous sports betting ticket. New Jersey’s Anthony Prince on Tuesday shared his story with local media, saying he placed an in-game wager on the Denver…
A New Jersey man says he made a wager on Sunday at the FanDuel SportsBook at the Meadowlands Racetrack and that FanDuel won’t pay up. The bet, an in-game wager, would have paid $82,610 on a $110 wager and was…
West Virginia’s second legal sportsbook opened on Thursday when the FanDuel Sportsbook at the The Greenbrier Resort and Casino took its first sports bet. The Hollywood Casino at Charles Town Races opened Aug. 30. The timing means the sportsbook is…
The New Jersey Division of Gaming Enforcement on Wednesday released its monthly revenue figures, reporting a total handle of $95.6 million and gross revenue of $9.18 million for the sportsbooks across the eight licensed NJ sportsbooks that reported on the month’s…
November 15, 2018 The good news for the New Jersey sportsbooks in the newly released revenue report for October is a large jump in handle from $186 million in…
November 7, 2018 Arkansas voters on Tuesday legalized sports betting in the only mid-term election ballot initiative in the country dealing directly with sports betting. The initiative appeared…
November 10, 2018 Kentucky Senator Julian Carroll (D-District 7) refiled an updated version of his sports betting bill on Friday. The bill, which would create the independent Kentucky…