News - Legal Sports Report

US Sports Betting Heads For First $3 Billion Handle Month As Colorado Hits High

Thanks to relatively recent state launches in Colorado and Illinois, the US sports betting market likely will hit another high. Legal US sports betting handle appears to have eclipsed the $3 billion mark for the first time in October. Sports betting in Colorado accounted for $210.7 million in handle last month, according to the state report […] Read More

Posted on: November 30, 2020 | | Matthew Waters

Online Michigan Sports Betting Gets Potential 2020 Lifeline

Michigan residents have had a few weeks to let the idea of online sports betting launching next year instead of this year soak in. As it turns out, that mental preparation might have been for nothing. Online sports betting in Michigan, as well as iGaming, had been held up by the Joint Committee on Administrative […] Read More

Posted on: November 30, 2020 | | Matthew Waters

The Week In Sports Betting News: O Canada, Are You Ready?

The Monday after a four-day weekend is anything but happy, but we’re still wishing a happy Monday to all nonetheless. Sports betting news was a bit scarce with the holiday-shortened week – at least in America, that is. For its neighbors to the north, last week included quite an exciting turn of events. Our team […] Read More

Posted on: November 30, 2020 | | Matthew Waters

Media Frenzy: Can US Sportsbook Operators Truly Replicate The Sky Bet Model?

US sports betting operators have committed billions of dollars to Sky Bet-style media deals over the next decade, but is it money well spent? Read More

Posted on: November 25, 2020 | | Brad Allen

Legal Single-Game Sports Betting In Canada Closer To Reality As Government Backs Bill

The holiday season just turned a bit merrier for anyone in Canada interested in more than just sports betting through parlays. Read More

Posted on: November 25, 2020 | | Matthew Waters

Spare Change Fantasy Sports App Closes $250,000 Angel Funding Round

A spare change app like Acorn, Hedge aims to provide "the life-changing hope mechanism of the lottery, without the negative financial drawbacks." Read More

Posted on: November 24, 2020 | | Brad Allen

Nevada Sets Sports Betting Record In October, But Trails NJ Sportsbooks

Nevada finally joined other legal US sports betting jurisdictions with a record-setting month, though it's a bit off the leader, New Jersey. Read More

Posted on: November 24, 2020 | | Matthew Waters

The Week In Sports Betting News: Is It Too Late For Ohio, Massachusetts?

This week's recap of sports betting news includes an update out of Ohio and Massachusetts as well as solid numbers out of Illinois and Tennessee. Read More

Posted on: November 23, 2020 | | Matthew Waters

Boston Sportsbook, Pro Teams Push Legislators For MA Sports Betting

Boston-born DraftKings and others interested in MA sports betting aren’t ready to let the issue die this year. Betting operators and interested sports entities sent a joint letter Friday to the Economic Development Conference Committee urging legislators to include sports betting in the bill. The letter addressed how most of the heavy lifting to legalize […] Read More

Posted on: November 23, 2020 | | Matthew Waters

Ohio Sports Betting Bill Inches Forward In 10-Minute Hearing

The wait for a delayed Ohio Senate committee to begin was significantly longer than the actual discussion on sports betting. The General Government and Agency Review Committee heard less than 10 minutes of discussion on SB 111. That’s mostly because the bill is outdated at this point. Sponsors John Eklund and Sean O’Brien have worked on […] Read More

Posted on: November 19, 2020 | | Matthew Waters