Category: Legal Sports Betting

Multiple reports emerged Monday that US market contender FanDuel will move its online betting and casino products onto Scientific Games technology. Legal Sports Report sources indicate, however, that FanDuel might not be leaving its current technology partners anytime soon. According to one report, a deal between Scientific Games and FanDuel could be announced this week at the ICE gaming conference in London. The market…

TheScore Bet, the sports betting app from Score Media, which is live in New Jersey, took $6.7 million in bets during its fiscal first quarter. That, obviously, is not a very high number. The total accounts for 0.5% of the $1.28 billion posted in NJ sports betting from September through November. But theScore Bet, with a sportsbook powered by Bet.Works, also launched into a competitive…

What started out as a potential feel-good story for DraftKings and the daily fantasy sports industry turned into a potential headache quickly. A former contestant on television’s ‘The Bachelor,” Jade Roper Tolbert, took down the biggest contest in fantasy football at DraftKings this weekend, the Millionaire Maker. That came with a top prize of a million dollars. That was initially greeted as great news:…

Welcome to the final day of the decade. The entire Legal Sports Report team sends its best wishes for the new year to all. Plenty of people have taken time off to enjoy the holidays but it hasn’t affected the flow of sports betting news. Let’s recap some of the top stories from last week. DraftKings going public, bringing SBTech with it DraftKings likely…

Twenty states have some form of legal sports betting regulation. This series looks ahead to which states could regulate sports betting in 2020. If one lives in the Golden State, you often hear that California leads and other states follow. That’s not the case with California sports betting. Nine states approved legalized sports betting in 2019, making it 20 states with legal sports betting.…

There’s likely enough appetite to get sports betting passed through Maryland‘s legislature this year and approved by voters, according to one state senator. Sen. Chris West prefiled SB 58, which would allow horse tracks and casinos to offer sports betting. The bill does not include online or mobile betting, which West cautioned against. “We should walk before we run,” West said. Getting SB 58…

Nevada‘s sports betting handle set a new monthly record and eclipsed the $600 million mark for the first time in November. It was also the first time Nevada or any regulated stated had surpassed that mark for any month. The new record of $614.1 million is 2.9% higher than the previous record of $596.8 million set in March 2019. November also marked the second…

Happy Monday, everyone. The entire team at Legal Sports Report would like to extend their best wishes and happy holidays to all. Yes, even to those that want integrity fees. Nobody’s perfect. The second-to-last week in December is usually a quiet time for news. This year is clearly an exception, including Monday morning’s news about DraftKings going public. But let’s recap the biggest stories…

A New York Congressman has introduced legislation regarding sports betting, and Legal Sports Report obtained the text of the bill that has not been previously released. But the bill is not the kind of sweeping sports betting regulation that has garnered some chatter on Capitol Hill in recent years. Instead, it’s a more narrowly tailored bill aimed at clearing up potential issues with online…

Rhode Island has been slow to hit its stride with legal sports betting, despite its head start. The state which saw a $22.2 million handle in September has not seen that translate into significant revenue via the 51 percent tax that was imposed. While the small state may still eliminate potential hurdles to profit maximization by eliminating things like in-person registration for mobile, another…