Nevada Sports Betting Handle Drops for Fifth Consecutive Month

Per the Nevada Gaming Control Board (NGCB), $375.9 million was wagered in the state during July 2024. That was a 7.9% year-over-year increase and down 21.9% from their numbers in June. This was also the fifth consecutive month that wagers fell in Nevada. Additionally, their monthly handle was below $400 million for the first time […]

Zach Wolpin  •  29 Aug 2024
Sports betting provider Kambi has extended its partnership with Rush Street Interactive in the U.S.

Rush Street Interactive (RSI) and sports betting provider Kambi recently announced a multi-year extension as part of their partnership. The extension will allow RSI to use Kambi’s award-winning sportsbook platform along with its core trading and risk management services. This will be available for online gaming and all mobile apps in the US where RSI […]

Zach Wolpin  •  29 Aug 2024
A Lawsuit Claims That Winning For Missouri Education Improperly Obtained Signatures

For several months, Winning For Missouri Education collected over 300,000 signatures in support of sports betting being on the November ballot. Last week, a lawsuit was filed against Winning For Missouri Education. Claiming that the signatures they collected were done improperly. However, supporters of the sports betting referendum have denied the accusations of the lawsuit. […]

Zach Wolpin  •  28 Aug 2024
Bally’s began demolition work for their downtown Chicago casino on Tuesday

After the first demolition work was done on the former Chicago Tribune publishing plant, Bally’s took the next step toward opening their $1.7 million downtown casino in Chicago. There was a small ceremony held where viewers watched an excavator pull down a chunk of the building. Demolition work will continue for the next five months. […]

Zach Wolpin  •  28 Aug 2024
A pro poker player could face up to 15 years in prison for operating an illegal sportsbook and money laundering

On Monday, Damien LeForbes, the operator of an illegal sports betting company, pleaded guilty. Mr. Forbes is a professional poker player operating an illegal sportsbook and performing money laundering. According to reports, Forbes could face up to 15 years in prison and up to three years on supervised release. Additionally, he could receive a fine […]

Zach Wolpin  •  28 Aug 2024
Eilers & Krejcik Gaming Removes Texas From List Of States Likely To Legalize Sports Betting By 2025

According to a recent report by Eilers & Krejcik Gaming, a Southern California research and consulting firm specializing in the sports betting industry, Texas has been removed from the list of states likely to legalize the activity by 2025.  Eilers & Krejcik Gaming had projected that Texas would legalize sports betting in November 2025 via […]

James Foglio  •  27 Aug 2024
DraftKings is facing legal action for offering a misleading sign-up bonus in Massachusetts

DraftKings is one of the two most popular sportsbooks in the U.S. along with FanDuel. Recently, DraftKings has found themselves in a class action lawsuit. The industry leader is accused of offering a misleading advertising sign-up bonus of $1,000. DraftKings’ motion to dismiss the case was overruled by a Massachusetts judge. On behalf of the […]

Zach Wolpin  •  27 Aug 2024
Illinois Sports Betting Market Expands as Hard Rock Bet Launches Before NFL Season

More than a year after receiving their sports betting license, Hard Rock Bet announced Monday that they are launching a mobile sportsbook in Illinois. Additionally, they will have the grand opening of the Rockford Casino on Thursday. Now, Illinois residents have eight mobile sports betting apps to choose from. This is the first mobile launch […]

Zach Wolpin  •  27 Aug 2024
New BetMGM App To Offer Better Parlays & Improved Betting Experience

In the United States, FanDuel and DraftKings are the two leading operators in the sports betting market. One sportsbook trying to make itself the clear-cut number three is BetMGM. Recently, the company announced that its online app will offer fans a better parlay experience for the upcoming football season. BetMGM director of product management Brittany […]

Zach Wolpin  •  26 Aug 2024