Category: Legal Sports Betting
Legal Sports Betting issues and which USA States allow online and land gambling venues.
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Robust growth in mobile Indiana sports betting led to the state’s strongest month to date. IN sports betting handle jumped 60.6% to $147.3 million in November compared to October, led by DraftKings Sportsbook. DraftKings Sportsbook took $64.1 million in bets last month to keep the top mobile operator spot from October despite FanDuel Sportsbook‘s first full month. FanDuel came in second with $23.7 million…Read More
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Michigan residents may have an unexpected present under the tree this Christmas. State Sen. Curtis Hertel Jr. tells Legal Sports Report that negotiations between stakeholders and Gov. Gretchen Whitmer to work out the details on sports betting and internet gambling bills are nearly complete. “Negotiations are going well,” Hertel said. “I fully expect the bills will be on the governor’s desk and signed before…Read More
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The NFL announced that a member of the Arizona Cardinals has been suspended through the 2020 season after betting on league games “on multiple occasions this season.” While offering few details, the NFL said no game was compromised because of wagering by defensive back Josh Shaw. Shaw is currently on the Cardinals’ injured reserve. League rules prohibit players from betting on NFL games in…Read More
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A legislative study suggests mobile sports betting revenue in Virginia could approach $400 million at maturity in 2028. The study, conducted by The Innovation Group and Regulatory Management Counselors in conjunction with the Joint Legislative Audit and Review Commission, looked at multiple scenarios for Virginia sports betting. Per the study, a completely open market with casinos, parimutuels, and mobile operators offering sports betting would…Read More
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The California horse racing industry was pleasantly surprised by the proposed ballot initiative to legalize sports betting that was filed recently by Indian tribal chairmen. Robyn Black, a longtime lobbyist for the California Thoroughbred Breeders Association, tells Legal Sports Report the racetrack industry wasn’t involved in the drafting of the California Legalize Sports Betting on American Indian Lands Initiative. However, the industry approves of the…Read More
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A familiar name plans to take another shot at legalizing Kentucky sports betting in 2020. Rep. Adam Koenig expects to introduce another sports betting bill in Kentucky’s next legislative session, which begins Jan. 7, according to WDRB-TV. The bill would include mobile Bitcoin sports betting and would also legalize online poker. This next bill likely has a better chance for a few reasons after 2019’s…Read More
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Andy Levinson, the senior VP of tournament administration for the PGA Tour, said recently data not provided by the PGA Tour to sportsbooks is “stolen data.” This latest salvo is one instance in the ongoing sports leagues’ battle for additional compensation from sports betting. What began as a search for integrity fees, quickly transitioned into a search for royalties and then shifted into an…Read More
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Pennsylvania sports betting topped September’s handle record in October easily, in large part thanks to another strong performance by FanDuel Sportsbook. Sportsbooks handled $241.2 million in bets in October, up 24% from the previous record of $194.5 million set last month. Revenue hit $19.1 million, down 1.1% from September. October had a win percentage of 7.9%. So far, FanDuel Sportsbook is far and away…Read More
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California tribes filed a proposed ballot initiative Wednesday to amend the state constitution to allow for sports betting at Indian gaming casinos and licensed racetracks. The effort from a powerful coalition of 18 Native American tribes leaves out the state’s cardrooms isn’t surprising given the longtime animosity between the state’s two main gaming stakeholders. But why are tribes, even when giving themselves a dominant…Read More
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Unlike his neighbor to the north, Ohio Gov. Mike DeWine wants his state legislature to put a bill on his desk to legalize and regulate sports betting. He reasons that the demand is there for legal sports betting to come to the state in one way or another. He would prefer that it goes through the legislature and himself to make sure the bill…Read More