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 |
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 |
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 |
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 |
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 |
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 |
The Week In Sports Betting News: Just How Much Will New Yorkers Bet?
Happy Monday, folks. It’s rare that the biggest sports betting news of the week breaks so late on a Friday but that was the case last week. New York sports betting is – and will remain – the top story to follow for the foreseeable future. The LSR Podcast considered just how big the market […] Read More
Posted on: January 24, 2022 |
NY Sportsbooks Take $600M In Bets In First 9 Days Of Online Betting
Talk about a debut: mobile NY sportsbooks just rewrote the record books when it comes to a new market launch. And that’s just through the first nine days. The first four mobile New York sportsbooks took $603 million in bets from launch on Jan. 8 through Jan. 16. They combined for $48.2 million in sports betting […] Read More
Posted on: January 21, 2022 |
VA Sportsbooks Might Become First To Lose Promo Deductions
Virginia sports bettors might have more betting markets and operating VA sportsbooks might become more expensive if two pieces of legislation pass this session. The first bill, HB 1103, would limit sportsbook operators to just 12 months of promotional deductions from taxable revenue. Right now, those deductions are allowed in perpetuity. The second issue, which […] Read More
Posted on: January 21, 2022 |
Retail Louisiana Sports Betting Grows With Mobile On The Horizon
A launch for mobile sports betting in Louisiana is still in limbo. The Louisiana Gaming Control Board met Thursday, largely to hear revenue reports and an update on an issue with the DiamondJacks Casino & Resort, which is one of 20 casinos eligible for a sports betting license in the state. Despite no updates at the […] Read More
Posted on: January 21, 2022 |