Legal Sports Report

March Madness In NJ Sports Betting Market Proves Profitable

The return of March Madness led to a strong month of revenue and handle in the NJ sports betting market. New Jersey sportsbooks held better than 7% of wagers in generating more than $60.7 million in sports betting revenue. That equates to handle of $859 million for March 2021, according to the state report released […] Read More

Posted on: April 16, 2021 | | Adam Candee

Hell Frozen Over: NFL Signs Sports Betting Deals With Three US Sportsbooks

The NFL appears to be recovering quite well from the damaging effects of legal US sports betting. The league announced Thursday it will partner with three prominent sportsbooks in the United States: Caesars DraftKings FanDuel The NFL becomes the last of the four major US professional sports leagues to add sports betting partnerships. In a […] Read More

Posted on: April 15, 2021 | | Adam Candee

Start Spreading The Blues: NY Sports Betting Bill A Total Mess

The mobile NY sports betting language included in the state budget bill is best consumed with a stiff drink in hand. At best, the cocktail might help to make sense of the most confusing bill in three years of legal US sports betting. At worst, a libation will make it easier to walk away from […] Read More

Posted on: April 7, 2021 | | Adam Candee

Did Pritzker Just End Illinois Sports Betting Market’s Rise To The Top?

Gov. JB Pritzker’s pandemic-induced suspension of in-person registration for Illinois sports betting fueled massive growth in the past few months. Yet just as quickly as the market grew is how fast it might stall after his confusing decision today. It appears Pritzker did not renew his suspension of in-person signup for IL sports betting accounts. […] Read More

Posted on: April 2, 2021 | | Adam Candee

Mobile NY Sports Betting Hopes Receive Major Boost In Assembly Budget

Hope for mobile NY sports betting dies year after year in the New York State Assembly. In 2021, though, it appears the lower chamber will give life to its chances. The Assembly included mobile New York sports betting in its one-house budget released Saturday evening. The details of the included proposal appear largely to mirror […] Read More

Posted on: March 13, 2021 | | Adam Candee

Stock Price For theScore IPO Set, Share Offering Increased

Canadian media company theScore set the price Wednesday for its initial public offering (IPO) in US markets. The Toronto-based outfit officially goes up for offer Thursday on Nasdaq (SCR) at a price of $27 per share. TheScore initially planned to put up 5 million Class A shares but decided prior to the launch to increase […] Read More

Posted on: February 25, 2021 | | Adam Candee

Michigan Sports Betting Launch: Everything We Know Today

Today’s launch of online Michigan sports betting provides a first glimpse into one of the country’s most interesting markets. Michigan sportsbooks can start their mobile apps at noon local time Friday. Launch weekend could prove competitive in the MI sports betting market as well, with as many as 10 operators opening shop. Online sports betting […] Read More

Posted on: January 22, 2021 | | Adam Candee

Surprise: Virginia Sports Betting Live After Thursday Launch

Virginia sports betting launches Thursday, according to information released -- and quickly retracted -- tonight by FanDuel. Read More

Posted on: January 21, 2021 | | Adam Candee

Sports Betting In Arizona Gets Needed Push In Governor’s Address

Legalizing Arizona sports betting will not be a simple process but Gov. Doug Ducey wants to take the first steps. Ducey this week addressed his desire to revamp the state’s gaming landscape in his State of the State address. That includes the possibility of AZ sports betting both on and off the state’s tribal reservations: […] Read More

Posted on: January 14, 2021 | | Adam Candee

Oregon Governor Ready To Ditch Lottery Sports Betting Model

A new bill backed by Gov. Kate Brown would shift Oregon sports betting from a single state-sponsored app to a competitive marketplace. In true Portlandia fashion, though, the oddly worded six-page bill contains a few quirks. It includes a vague fee structure but no tax rate, and appears deferential to leagues and colleges on multiple issues. […] Read More

Posted on: January 12, 2021 | | Adam Candee