Penn National Archives - Legal Sports Report

What’s Popular In Early Days Of Ontario Sports Betting?

Similar to the US market, football is the big early draw for Ontario sports betting. Since its launch Aug. 27, the province’s only sportsbook, ProLine+, has accepted 3.5 million bets, according to data from Ontario Lottery and Gaming Corp. Football drew 45% of those wagers, with NFL betting making up 34% of all the bets. […] Read More

Posted on: October 12, 2021 | | Pat Evans

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

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

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

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

Maine Sports Betting Dead For Another Year As Tethering Dispute Persists

The Maine legislature adjourned Monday with the 2021 Maine sports betting bill stuck on the the Appropriations Table. Read More

Posted on: July 20, 2021 | | Brad Allen

Pennsylvania Sportsbook Revenue Creeps Upward In May

Pennsylvania sportsbooks took a step back in May, as handle fell around 7% month-on-month to $447 million. Read More

Posted on: June 17, 2021 | | Brad Allen

How Barstool Sportsbook Modeled Itself After UK Giant Sky Bet

The Barstool Sportsbook has generated a 9.2% hold over its seven-month lifetime, well clear of rivals like FanDuel and DraftKings. Read More

Posted on: May 17, 2021 | | Brad Allen

Ohio Casinos Fight Back Against Sports Betting, Gaming Expansion Bill

It did not take long for the majority of casino owners in Ohio to fight back against the Senate’s expanded gaming bill, which includes sports betting. A press release from Get Gaming Right Ohio warns that SB 176 would allow slot-like electronic bingo games in nearly 900 locations across the state. Those new gambling venues […] Read More

Posted on: May 13, 2021 | | Matthew Waters