Barstool Sportsbook Archives - Legal Sports Report

Tennessee Sportsbooks Want Mandatory Hold Rule To End

There was one central topic on the minds of Tennessee sportsbooks at Tuesday’s hearing on proposed rule changes: mandatory hold. The Sports Wagering Advisory Committee proposed a few changes because it has to promulgate its own rules as part of the process to take over as regulator. One of those proposed changes includes reviewing the […] Read More

Posted on: October 7, 2021 | | Matthew Waters

New Investment Fund Raises $50 Million For US Sports Betting Opportunities

Bettor Capital announced its first round of capital commitments on Wednesday, raising $50 million for investments in online gambling. Read More

Posted on: October 6, 2021 | | Brad Allen

Penn National Pays Fine To Settle Barstool Sportsbook Violations In Indiana

Penn National paid a $10,000 settlement in Indiana over a “questionable” TikTok video about gambling losses posted by Barstool Sports. Per an Indiana Gaming Commission (IGC) notice last week, Penn self-reported the video in question back in March. The Commission said the video in question breached its marketing regulations, specifically around “false and misleading advertising.” According to […] Read More

Posted on: October 4, 2021 | | Brad Allen

Why It Matters That Facebook Is Testing Waters Around Sports Betting

Facebook has launched prediction games for sports and reality TV, that could one day be a valuable source of real money gaming customers. Read More

Posted on: September 16, 2021 | | Brad Allen

Barstool Sportsbook, Wagr Approved For TN Sports Betting

Two more sportsbooks were approved as the eighth and ninth operators in the TN sports betting market at a Tuesday meeting. The Tennessee Education Lottery approved Penn National‘s Barstool Sportsbook and Wagr, a social sports betting app, at a special meeting. The approval lines up Barstool for its fifth launch since the beginning of August. Penn […] Read More

Posted on: September 1, 2021 | | Matthew Waters

Four Sportsbooks Confirm AZ Sports Betting License Approval

BetMGM and DraftKings Sportsbook are the latest operators to acknowledge receiving an AZ sports betting license for a planned Sept. 9 launch. BetMGM receiving a license is not exactly unexpected, of course. The sportsbook is partnered with two significant Arizona businesses: Gila River Hotels & Casinos and the NFL‘s Arizona Cardinals. “It is an exciting […] Read More

Posted on: August 26, 2021 | | Matthew Waters

Barstool Sportsbook Quietly Launches In New Jersey

Barstool Sportsbook quietly launched in its seventh, and biggest, state yet – New Jersey. Read More

Posted on: August 19, 2021 | | Matthew Waters

Analysis: Five Key Takeaways From A Huge Week In US Sports Betting

LSR picks out five key themes from a frenetic week in US sports betting, including operator focus on product and online casino. Read More

Posted on: August 16, 2021 | | Brad Allen

What Penn National Proved With $2B Purchase Of Score Media To Aid Barstool Sportsbook

Penn National proved two things with its $2 billion acquisition of Score Media, operators of theScore Bet app, to complement Barstool Sportsbook: Penn is focused on building more than just a sportsbook product with its stake in Barstool Sports. theScore is one of the leading sports media apps in the market. That will mesh well […] Read More

Posted on: August 5, 2021 | | Matthew Waters

The Week In Sports Betting News: Turn Those Ears To The Street

Happy Monday, folks. Sports betting news turned a bit ugly this weekend with the allegations against NHL forward Evander Kane of wagering on hockey, including his own games. Kane denies the charges levied on social media by his estranged wife. Certainly there is more to come as the league investigates. The LSR Podcast looked at some […] Read More

Posted on: August 2, 2021 | | Matthew Waters