DraftKings and FanDuel, the two most popular mobile sportsbooks in the US, saw their usage triple in May. New users of mobile betting apps increased by 212% during the month of May. The expected return of the NBA, NHL, and PGA Tour has led to more optimism on sports betting during the coronavirus pandemic. NEW … Read more
Virginia is now the second state to legalize sports betting in 2020, after Washington. New sports betting legislation goes into effect beginning July 1. The Virginia Lottery Board can grant as many as 12 total sports betting licenses and must approve at least four of these licenses by September 15. Virginia also passed another bill … Read more
Flutter Entertainment saw a profit of 16% in its first quarter reports. Prior to sporting events being canceled due to COVID-19, they had a 29% growth. NEW YORK – Flutter Entertainment has reported a 16% growth in revenue for their first quarter despite sporting events being on hiatus. Before professional sports ceased all play due … Read more
Their partnership accounts for 30% of the UK online gambling market. Their merger could have an impact on the US sports betting market as well. UNITED KINGDOM — The merger between Flutter Entertainment Group and The Stars Group has already made an impact on the online sports betting and gambling market in The United Kingdom … Read more
The people of West Virginia have a couple of great sportsbooks open and taking bets for SB54. Odds vary between each of the sports betting applications giving a reason for gamblers to shop lines to find the best wagers. Super Bowl LIV will see the Kansas City Chiefs face off against the San Francisco 49ers. … Read more
The Kansas City Chiefs and Dallas Cowboys both lost their matchup despite being favored. The Tennessee Titans and LA Chargers also helped sportsbooks hold onto profits for the week. Sportsbooks like DraftKings, FanDuel, and PointsBet were also hit with huge parlays from bettors. TALLAHASSEE, Fla. – Another week of betting action is in the books … Read more
The New York Yankees ended their regular season with a record of 103-59, making the 1st in the AL East. The Houston Astros had a record of 107-55 and ranked 1st for the AL West. Superfan “Mattress Mack” from Houston has put down millions in wagers for the Astros to win the World Series. HOUSTON … Read more
The NFL is the most bet on sport for any sports bettor. Dramatic increases in wagers were seen for Week 1 in the NFL. Sportsbooks would not divulge exact numbers, but the popularity for sports betting has clearly exploded. NEW YORK – Both FanDuel and DraftKings reported better opening NFL season numbers than last year’s … Read more
In their first year of legalized sports betting, New Jersey residents bet $3.2 million on sporting events and $2.4 million of those wagers came from their internet/mobile platforms. June 2019 showed that 83% of all sports wagers done in the state of New Jersey were done online while only 17% occurred at sports betting locations. … Read more
Kevin Durant will miss most if not all of the 2019-2020 NBA season due to an Achilles injury suffered during Game 5 of the 2019 NBA Finals. Kyrie Irving’s last finals appearance came in 2017 while he played alongside Lebron James for the Cleveland Cavaliers. The Nets have not reached the NBA Finals since moving … Read more