Kansas Sports Betting UPDATE: Reality in 2022?
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Kansas Sports Betting UPDATE: Reality in 2022?

House Bill 2740 take the stage The Kansas House of Representatives House Committee on Federal Affairs will review a bill to legalize Kansas sports betting during a meeting Thursday, March 22 at 8:00 a.m. local time.  House Bill 2740 would legalize online and retail betting at Kansas’ four lottery-run casinos. The online tax would be…

SBC AGREES TO DEAL TO BUY THE CANADIAN GAMING SUMMIT

SBC AGREES TO DEAL TO BUY THE CANADIAN GAMING SUMMIT

Canada’s longest-running gaming conference is jointly owned by the Canadian Gaming Association and MediaEdge Communications Inc.  International events and media company SBC has agreed to terms to acquire the long-running Canadian Gaming Summit (CGS), Canada’s premier annual conference and trade show for land-based and iGaming professionals, from current joint owners the Canadian Gaming Association (CGA)…

Indiana Sports Betting Hurt by Carson Wentz Trade?
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Indiana Sports Betting Hurt by Carson Wentz Trade?

The Indianapolis Colts traded quarterback Carson Wentz to the Washington Commanders Wednesday for a second-round and two third-round draft picks in compensation.  Wentz appeared in all 17 games for the Colts last year, throwing for 3,563 yards, 27 touchdowns, and seven interceptions. His tenure ultimately ended on a sour note by failing to win one…

Calvin Ridley’s Yearlong Suspension Sparks NFL Betting Debate
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Calvin Ridley’s Yearlong Suspension Sparks NFL Betting Debate

Atlanta Falcons wide receiver Calvin Ridley was suspended from the National Football League for one year Monday after he had been found gambling on games during the 2021 season. “There is nothing more fundamental to the NFL’s success — and to the reputation of everyone associated with our league — than upholding the integrity of…

The Wonderful World of Online Sports Betting

The Wonderful World of Online Sports Betting

Online sports betting is one of the quickest-growing and evolving markets in all of American entertainment. A 2018 court decision reversed a previous ruling that banned gambling from every state except Nevada, and since then 33 states have already legalized sports betting in some form, and others have begun pushing legislation to officially make the…

Missouri Sports Betting Inches Closer to Finish Line

Missouri Sports Betting Inches Closer to Finish Line

Missouri sports betting took another step forward this week after two Bills backed by Missouri’s professional sports teams reached a full House on Wednesday. The Bills, House Bills 2502 and 2556, which would expand gambling to professional and collegiate sports, is the result of a combined effort from the St. Louis Cardinals, St. Louis Blues,…

USFL Receives Betting Approval in 15 States

USFL Receives Betting Approval in 15 States

The United States Football League has received betting approval from 15 states ahead of its second inaugural season. Iowa, New Jersey, Oregon, Pennsylvania, West Virginia, Connecticut, Delaware, Nevada, New Hampshire, New Mexico, North Carolina, North Dakota, Rhode Island, South Dakota, and Wisconsin have all approved the league for bettors within state lines. 33 states and…

Push For California Sports Betting Gaining Momentum

Push For California Sports Betting Gaining Momentum

California sports betting could see legalization in the next session after voters have rallied to push their representatives to act. While the numbers in place are loose and it’s early in this process, there is a great number of California residents who are in support of the huge market that exists for this industry. The…

Missouri Sports Betting Could Generate $15 Million in Tax Dollars

Missouri Sports Betting Could Generate $15 Million in Tax Dollars

Missouri sports betting could reportedly create as much as $15 million in tax revenue, according to a new analysis. A new proposal known as House Bill 1666 presented to state legislatures today proclaimed that tax from sports betting could create between $7.8 million and $15.3 million. This pot would go towards funding for state schools….

Post-Super Bowl Era TROUBLE for Sports Betting Agencies?
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Post-Super Bowl Era TROUBLE for Sports Betting Agencies?

The short, periodic interjections of comedy, terror, and emotional prodding, also known as commercials, could be argued as the highlight of Super Bowl weekend every year.  Okay— maybe the commercials are not always the knee-slapping comedies or tear-jerking tragedies that they used to be, but they are still guaranteed to capture the attention of millions…

2022 NCAA Tournament, “Madness” in Nationwide Betting Approach
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2022 NCAA Tournament, “Madness” in Nationwide Betting Approach

The 2022 NCAA Tournament is less than one month away from its first extended weekend of action, which will officially start Sunday, March 13. The American Gaming Association estimated before last year’s tournament that $8.4 billion would be bet on the thrilling spectacle, and now that more states have legalized sports betting and gambling is…

Minnesota Sports Betting Gets Extra Push from Lawmakers

Minnesota Sports Betting Gets Extra Push from Lawmakers

A group of five Minnesota lawmakers held a press conference Wednesday to express interest in legalizing in-person and online sports betting. The lawmakers, all Republicans, claimed that legalizing Minnesota sports betting would be a win for the state and citizens alike. Minnesota Sports Betting Gains Support  Senator Roger Chamberlain is heading the effort— Chamberlain previously…

New York Sports Betting Clears Expectations, Sets Records
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New York Sports Betting Clears Expectations, Sets Records

New York sports betting is the new center of American entertainment. The Big Apple only needed three weeks to set a month’s record for total betting handle after legalizing online betting on January 8th. Fast forward to the conclusion of the state’s first 30 days of operation and it has collected nearly $2 billion in…

The Push to Get Ohio Sports Betting Up and Running by 2023

The Push to Get Ohio Sports Betting Up and Running by 2023

Ohio sports betting is now a reality after Ohio became the 33rd state to legalize gambling online and in brick-and-mortar locations last December, moving the state into the new reality of widespread sports betting in America. More than $52.7 billion was wagered in sports bets in America last year, up over 200% more than in…

Virginia Nearly Sets a New Sports Betting Handle Record for December

Virginia Nearly Sets a New Sports Betting Handle Record for December

The Virginia Lottery released its sports betting report to close out its first year of entering the industry. The handle exceeded $400 million for the third consecutive month, nearly topping the record. However, operators saw a decline in revenue due to the user-friendly results for the month.

Wynn Resorts to Sell its Online Sports Betting Business at a Steep Discount

Wynn Resorts to Sell its Online Sports Betting Business at a Steep Discount

Las Vegas-based casino giant Wynn Resorts may be in the works of selling its online sports betting unit Wynn Interactive at a very steep discount of $500 million. The reason behind this potential move is due to the number of losses, taxes, and promotion costs to stay competitive in the industry.

PlayUp Bolsters U.S. Exec Team

PlayUp Bolsters U.S. Exec Team

PlayUp has secured an investment of USD $35.0 million from Sam Bankman Fried’s crypto exchange, FTX, in Q4 2021. This financing round will be used primarily to accelerate PlayUp’s U.S. market access.

In addition to their investment in PlayUp, FTX has been actively investing in partnerships and endorsement deals in the sports and esports arena over the past twelve months.