Sports Betting
NBA Partners With Princess Cruise, Push Logos On Wristbands
The NBA has partnered with Princess Cruises to allow custom NBA team logos on the ship. The Cruise ship opened up a mobile sportsbook called “Oceans” that can be used when the ship hits international waters. The only betting restriction is that the app does not allow any bets placed on the Miami Heat. SANTA…
Read MoreLegal Sportsbooks Handle Nears $100 Billion Since PASPA Repeal
Over six states passed the billion-dollar handle mark New York opened regulated sports betting on the 19th of January and saw over $150 million bet New Jersey has generated the largest handle at over $22 billion $1 billion mark should be hit by February 2022 LAS VEGAS – In early 2018 Nevada ruled the world…
Read MoreNY Regulated Mobile Sports Betting Market Live On Saturday
The regulated NY mobile sports betting market will launch on Saturday. Only four of the nine mobile sportsbooks will go live at first. Better Collective has signed partnership deals with three sportsbooks. ALBANY, N.Y. – In an unexpected turn of events, New York is launching a regulated mobile sports market far earlier than expected. New…
Read MoreMichigan To Allow Tax Write-Offs For Gambling Losses
Gamblers in Michigan can write off gambling losses on their state taxes now. Gov. Gretchen Whitmer signed a bill allowing this for the 2021 tax year. The bill is estimated to cost the state around $12 to $17 million per year. LANSING, Mich. – Michigan Gov. Gretchen Whitmer signed into law a bill that would…
Read MoreHow The US Sports Betting Industry Expanded In 2021
Rhode Island sportsbooks took in over $12 million in revenue from July to October. Tennessee residents wagered over $375.3 million on sports in October. Illinois sportsbooks handled over $840.4 million in October, a 32.6% increase from the previous highest handle. LAS VEGAS – With so much happening in over the last year, it’s easy to…
Read MoreFlorida Pari-Mutuels Drop Lawsuit Appeal Against Seminoles
The Magic City Casino and Bonita Springs Poker Room lawsuit appeal has been dropped by the plaintiffs. The initial lawsuit challenging the Seminole Tribes sports betting compact was struck down by U.S. District Judge Allen Winsor. TALLAHASSEE, Fla. – One Florida lawsuit appeal that challenged an earlier ruling against pari-mutuels aiming to stop Florida sports…
Read MoreGov. Pritzker Signs HB 3136, Changes Illinois Sportsbook Laws
Illinois Governor J.B. Pritzker signed HB 3136, a bill that creates significant changes to Illinois’ sports betting industry, into law on Friday. The signing will result in notable changes including allowing remote sportsbook account registration and the lifting of the ban on wagers on in-state college teams, among others. SPRINGFIELD, Ill. – Illinois Governor J.B.…
Read MoreTwo More Sportsbooks Launch In Maryland Casinos This Month
Hollywood Casino Perryville is launching sports betting with Barstool Sportsbook. Twin Spires has started taking bets at Ocean Downs Casino. Virginia is getting another online sportsbook via PointsBet. ANNAPOLIS, Md. – Maryland’s sports betting offering is about to expand, as two more casinos gear up for a sportsbook launch. Hollywood Casino Perryville + Ocean Downs…
Read MoreMaryland To Launch Sports Betting On Thursday
Some Maryland casinos will be able to offer sports betting by Thursday. Others will go live on Friday, in what is being described as a “soft launch”. Maryland’s process for sports betting regulation has been delayed more than a year. BALTIMORE – Maryland is set to launch sports betting after significant delays caused them to…
Read MoreIGT Sports Betting Operation Goes Independent, May Go Public
International Gaming Technology PLC (IGT) recently announced plans to separate its sports betting business as a standalone operation. The Digital & Betting business entity will be available independent from IGT and could potentially go public after a year of operation. LONDON – During an investor day event, International Gaming Technology PLC (IGT) announced plans to…
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