News - Page 2 of 388 - Legal Sports Report

Some Ohio Sports Betting Rules Available For Public Comment

The long march to legal sports betting in Ohio continues with two batches of proposed rules available for public comment. The Casino Control Commission uploaded its second batch of proposed rules Monday. Those rules concern licensing for mobile and retail sportsbooks, general betting provisions and equipment. The release followed the first batch from last week, […] Read More

Posted on: January 26, 2022 | | Matthew Waters

New Proposed Timeline For Arizona Sports Betting Lawsuit

The parties involved in a lawsuit to stop Arizona sports betting are still working toward a settlement. The Yavapai-Prescott Indian Tribe and Gov. Doug Ducey and Arizona Department of Gaming Director Ted Vogt filed a joint status report with the Maricopa County Superior Court last week. It is the first update since the court granted the case […] Read More

Posted on: January 26, 2022 | | Pat Evans

New York Hedge Fund Makes $2 Billion Bid To Take Bally’s Private

Standard General, the hedge fund founded by Bally's chairman Soo Kim, aims to acquire the remaining 80% of Bally's it does not already own. Read More

Posted on: January 26, 2022 | | Brad Allen

Books Hold More Arizona Sports Betting Revenue In November

While Arizona sports betting handle slid a bit in its third month, sportsbook revenue increased. In November 2021, Arizona sportsbooks handled $466.7 million in bets, according to a report from the Arizona Department of Gaming. The figure comes after a $291.2 million handle in its debut month of September and $486.1 million in October. “Arizona […] Read More

Posted on: January 26, 2022 | | Pat Evans

PointsBet Goes Live As Sixth NY Sports Betting Operator

PointsBet joined the ranks of New York sportsbooks on Monday night, offering up to $2,000 in risk-free bets for new customers. Read More

Posted on: January 25, 2022 | | Brad Allen

New Kansas Sports Betting Push Coming

With neighboring states looking to legalize sports betting, Kansas sports betting could be next. Last year, legalized sports betting in Kansas came close to reality before stumbling in the House. This year it appears the legislature will carry over that momentum as the Topeka Capital-Journal named sports betting among its top six issues to watch […] Read More

Posted on: January 25, 2022 | | Pat Evans

LSR Q+A: PointsBet COO On Dangers Of New ‘Always On’ Live Sports Betting

PointsBet COO Mark Hughes tells LSR why getting picked off by some customers on live prices is a "fact of life," but product comes first. Read More

Posted on: January 25, 2022 | | Brad Allen

Will Nevada Finally Exit Stone Age On Remote Sports Betting Signups?

Industry experts believe the historic opponents to remote registration in Nevada sports betting are slowly fading away. Read More

Posted on: January 25, 2022 | | Brad Allen

Extra Tax Payments Likely After Some TN Sportsbooks Miss Minimum Hold

It looks like the state of Tennessee will receive more tax dollars out of TN sportsbooks based on December’s report. Sportsbooks took $341.8 million in bets last month, which is down from the previous two months. Operators held 7.2% for $24.6 million in sports betting revenue, but taxable revenue fell to $16.5 million after various […] Read More

Posted on: January 24, 2022 | | Matthew Waters

Report: NY Sports Betting License Up For Sale Through WynnBET

Any operator that regrets not winning a NY sports betting license has another shot at the market, according to the New York Post. WynnBET, the interactive division of Wynn Resorts, might be for sale at the discounted price of $500 million, the Post reported Sunday evening. That means one of the nine NY sports betting […] Read More

Posted on: January 24, 2022 | | Matthew Waters