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The following is a guest article submitted by GeoComply Over the next several weeks, the race to legalize sports betting in the U.S. is truly on. How many states will be at the starting line? 10? 15? In fact, 20 or more states could consider legislation in 2019. The speed that sports betting fever is sweeping the nation would make Usain Bolt jealous. Despite…
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Legal sportsbooks in Pennsylvania took in more than $16 million in wagers during December, the first full month of regulated sports gambling. Revenue inched over $2 million during that period, good for a hold of 12.4 percent. Data comes from the Pennsylvania Gaming Control Board (PGCB) report released on Thursday. PA sports betting at a glance The PA sports betting industry still has the…
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A key Philadelphia sportsbook opened this week and another opens its doors next week as PA sports betting expands. The South Philadelphia Turf Club took its first wagers this week, marking the fifth opening in just two months in Pennsylvania. Legal Sports Report first reported last week that the Kambi-powered operation would commence operations this week. The South Philly opening marks the second in…
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Gov. Charlie Baker is introducing his own sports betting bill today in the Massachusetts Legislature. Although the bill has not been posted on the legislature's website yet, Legal Sports Report is aware that the bill will not have any tethering necessary to a local casino or other gaming facilities. That would create an environment where anyone who wants to be licensed might have a shot…
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An Iowa casino is making plans for sports betting in advance of possible legalization this year. On Wednesday, Prairie Meadows Racetrack & Casino announced a new partnership with industry giant William Hill. Opened in 1989, the Altoona horse racing facility boasts more than 1,700 slot machines and gaming tables within its 85,000 square feet of casino space. News of the partnership first emerged from the…
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Sports betting at an online sportsbook is a rather simple process. You place a real money wager on a betting option that is posted on the book’s betting board. If that bet is correct, you win. If that bet is incorrect, you lose a set amount of money that also includes a small commission for the book known as the “juice” or the “vig”.…
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Looking at Monday’s news on a new federal Wire Act memo from the Office of Legal Counsel (OLC) requires a brief history lesson. The original Wire Act memo was written in 2011 by then-Assistant Attorney General Virginia Seitz. The quick summary of the 2011 Wire Act memo was that it was the Department of Justice’s position that the Wire Act of 1961 only applies to…
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Routinely the best weekend of football all season, the 2019 AFC and NFC Championship Games shouldn’t disappoint. The top-two seeds in each conference will meet in a pair of high-scoring regular-season rematches. Get the best bets and expert advice for Rams vs Saints and Patriots vs Chiefs. Home-field advantage won the day in the Divisional Round as all four higher seeds moved on to…
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Which of the final four teams in the 2019 NFL Playoffs provides betting value? New Orleans continues to be the Super Bowl 53 favorite. Is there a big price worth considering? After Wild Card weekend produced some surprising results, the NFL’s Divisional Playoffs went according to plan. That means the top-two seeds in both conferences are set to meet in what should be entertaining…
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The DraftKings Sports Betting National Championship was supposed to be a celebration of the possibilities for the future of US sports betting. Instead, it ended with controversy and some participants and observers crying foul. Here’s a rundown of what went down, from what Legal Sports Report has been able to piece together: DraftKings Sports Betting National Championship … before the problems The first-ever DraftKings…
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