Matthew Waters, Author at Legal Sports Report

Indiana Sports Betting Hits $1 Billion Wagered In Less Than A Year

After a few months of the coronavirus pandemic interrupting the ramp-up of Indiana sports betting, it looks like the market might be back on track. Handle more than doubled to $70.9 million in July compared to June, according to the state’s report. Revenue also jumped 128% over June to $6.7 million. That brought the total […] Read More

Posted on: August 10, 2020 | | Matthew Waters

What The Health? New Pritzker Order Leaves Illinois Sports Betting At Risk

Governor JB Pritzker is placing the health of his residents interested in Illinois sports betting at risk by reinstating the in-person signup requirement. Pritzker issued updated mask requirements throughout the state on Friday. The state reported more than 2,000 new daily coronavirus cases for the first time since May the same day. Not all of […] Read More

Posted on: August 10, 2020 | | Matthew Waters

The Week In Sports Betting News: To Pay Or Not To Pay For FanDuel?

Happy Monday, everyone. Sports betting appears to be back in full swing after a packed weekend schedule but news of major college football programs potentially postponing their seasons could dampen that resurgence. For now, the current sports betting environment – one that includes playoff basketball and hockey while NFL training camp takes place – is […] Read More

Posted on: August 10, 2020 | | Matthew Waters

Report: DC Sports Betting Takes Just $1.2 Million In Wagers In First Two Months

The sports betting app from the DC Lottery has woefully underperformed in its early days, even when accounting for launching during the pandemic. Read More

Posted on: August 7, 2020 | | Matthew Waters

No Surprise Where Barstool Sportsbook Will Launch Its App First

The upcoming launch for Penn National‘s Barstool Sportsbook app will begin in Pennsylvania, with more states expected by the first quarter of 2021. That’s according to the company’s second-quarter earnings release, which saw Penn lose $79.3 million in adjusted EBITDA during the second quarter. The regional casino operator was hit hard by the coronavirus pandemic […] Read More

Posted on: August 6, 2020 | | Matthew Waters

DraftKings Launches Its Illinois Sportsbook Today

The freshly rebranded DraftKings at Casino Queen launched its retail and online sportsbook operations in Illinois as the fourth operator in the state.a Read More

Posted on: August 5, 2020 | | Matthew Waters

FanDuel Sportsbook Palp Leads To NJ, IN Investigations

A pricing error and subsequent withheld payout on a Major League Soccer game last month led to multiple state investigations for FanDuel Sportsbook. Multiple bets made on the error in mid-July have not been paid out by FanDuel, which led to an investigation by the New Jersey Division of Gaming Enforcement. ESPN first reported the […] Read More

Posted on: August 4, 2020 | | Matthew Waters

The Week In Sports Betting News: MA Pahks Sports Betting Talk

Happy Monday, everyone. Sports betting operators are hoping to avoid more news about coronavirus cases after their first full weekend slate of games in nearly five months. As always, the biggest stories were tackled on the LSR Podcast. That includes the mess in Illinois, where Gov. JB Pritzker ended the suspension of in-person registration sooner […] Read More

Posted on: August 3, 2020 | | Matthew Waters