Sports Betting Archives - Legal Sports Report

Secretive Virginia Sports Betting Rollout Trickles On With BetMGM Launch

BetMGM will join the top two US sports betting operators in the new Virginia market when the brand launches its mobile sportsbook this week. VA sports betting launched last Thursday – to the surprise of many – when FanDuel Sportsbook accepted the state’s first legal bet. Three days later, DraftKings Sportsbook went live Sunday afternoon […] Read More

Posted on: January 26, 2021 | | Matthew Waters

Seventh Heaven? More States Working On Legal Sports Betting Bills

When the Supreme Court ended PASPA in May 2018, most thought it would take a few years for legal sports betting to be embraced across most of the US. It looks like that inflection point is already here. Legal US sports betting is available in 21 jurisdictions so far with more on the way. The last […] Read More

Posted on: January 26, 2021 | | Matthew Waters

Bally’s Continues Acquisition Spree With $90 Million Deal For Monkey Knife Fight

Bally's said the all-stock deal makes it the third sports betting operator in the US to own a daily fantasy sports firm after FanDuel and DraftKings. Read More

Posted on: January 25, 2021 | | Brad Allen

South Dakota Sports Betting Proposal Includes Mobile – With A Catch

South Dakota residents approved sports betting in Deadwood by referendum last November. What they also approved was language that created a mobile loophole. Whether bets are technically placed on a device or on a server remains an unanswered legal question in federal law. SD bets legally have to be placed at a Deadwood casino, but […] Read More

Posted on: January 25, 2021 | | Matthew Waters

Could Senate Bill Finally Lead To Legal MA Sports Betting?

As promised, Sen. Brendan Crighton filed the sports betting bill he hopes could finally bring about legal MA sports betting. Crighton broke down the pertinent points for LSR earlier this month and there don’t appear to be any surprises in SD 177. “We’ve modified our bill over the past few years but we’re pretty confident in […] Read More

Posted on: January 25, 2021 | | Matthew Waters

Analysis: New York Wants $500 Million A Year From Sports Betting, So Good Luck With That

LSR investigates New York budget director Robert Mujica's claim that a monoply model would help NY generate $500m in tax revenue instead of $50 million. Read More

Posted on: January 25, 2021 | | Brad Allen

The Week In Sports Betting News: Michigan, Virginia Go Mobile

Happy Monday, everyone. Even during a presidential inauguration, sports betting managed to make significant news headlines last week. The latest LSR Podcast breaks down the two big stories of last week: mobile launches in Michigan and Virginia. While both states officially launched online last week, not all operators are live. Follow @LSPReport on Twitter for updates […] Read More

Posted on: January 25, 2021 | | Matthew Waters

DraftKings Launches Virginia Sportsbook; BetMGM On The Way

DraftKings Sportsbook launched for Virginia online sports betting on Sunday afternoon, just before the NFL conference championship games. Read More

Posted on: January 24, 2021 | | Dustin Gouker

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