Author: offshoresports

DraftKings’ thirst for more deals doesn’t seem to end. The latest example: A partnership with Pepsi. The sportsbook and fantasy sports operator officially announced on Tuesday that it had struck a deal with the soda company to provide a free prediction game. The prediction game itself was already live, however. It comes as DraftKings became the official daily fantasy partner of the NFL. About the…

For the third time in four months, Nevada sports betting ceded its crown to New Jersey in August. Licensed NV sportsbooks saw close to $288 million in total wagers for the month, up about 16% from August last year. That still wasn’t enough to keep pace with the surging NJ sports betting market, however, which booked $293.5 million over the same period. Those Nevada…

Daily fantasy sports partnerships have become somewhat less glamorous in 2019, but Thursday’s news out of Boston put the industry back in the limelight. The NFL and DraftKings issued a joint press release this morning announcing a “landmark” multi-year DFS deal. DraftKings is now the Official Daily Fantasy Partner for the king of the US leagues. Sports and daily fantasy sports have long been…

NHL Commissioner Gary Bettman helped to pass the 1992 law that stifled legal sports betting in the United States. He later fought to keep the statute in the face of a court challenge from the state of New Jersey. Years later, Bettman dons the last new accessories in his makeover from opponent to evangelist as a panelist at the gaming industry’s biggest conference next…

Gearing up for the new season, there’s no shortage of NBA updates and news. Check out what’s going on in the hardcourt game! And don’t forget to keep checking out the latest NBA future odds for the upcoming season! NBA Updates of the Week – September 23rd Edition Tampering No More! NBA Passes Strict Measures Channeling Amy Winhouse, Adam Silver and the powers that…

Sports betting legislation advanced through the Michigan House Regulatory Reform Committee on Tuesday, but that’s not an indication it’s on the move. Rep. Brandt Iden tells Legal Sports Report that the chances of getting language to legalize Michigan sports betting or iGaming in the Michigan budget are slim. Prospects for the rest of the session aren’t looking so great either. The Sports Betting Act,…

The quest for official league data rights and fees has evolved since it first emerged in Indiana in January 2018. The early wave of requests for 1% integrity fees has died down, with the leagues now seeking 0.25% and/or official data mandates. The question many are asking is, why should the leagues get paid? What is the foundation of their argument? The short answer: Their argument’s foundation is built on sand in…

Barely a year after the US Supreme Court overturned the federal ban on sports betting, the emerging industry already is exceeding expectations. A recent tweet from the American Gaming Association noted that American bettors have legally wagered more than $10 billion on sports since the fall of PASPA in May 2018. The Legal Sports Report sports betting revenue tracker indicates books didn’t quite reach…

If New Jersey is going to hold onto its sports betting crown in the east, it’s going to have to stave off a serious challenge from Pennsylvania. Regulated PA sportsbooks booked $109 million in wagers in August — by far their best month to date — yielding a win of $9.9 million across retail and online channels. Those numbers still pale in comparison to those…

Team USA and Serbia bombed at the 2019 FIBA World Cup. That wasn’t the only interesting news from last week. Michael Jordan is selling part of the Charlotte Hornets, there’s a tampering charge the NBA might levy, and NBA agents are in a battle with the NCAA. Check out what happened in the hard court game this past week! And be sure to check…