by Michael Molter | Sep 16, 2024 12:07 pm | Legal
Two northeast lawmakers introduced the SAFE Bet Act – a measure to bring federal oversight to the US sports betting industry. Removing away from a federal approach in 2018 (the repeal of PASPA), this measure is unlikely to advance. It calls for stricter advertising...
by Zachary Kelley | Feb 6, 2024 10:51 am | Revenue
A record 68 million Americans expect to bet on Super Bowl 58, a 35% increase from last year’s numbers. The increased wagering translates to an expected $23.1 billion in total wagers on Super Bowl LVIII. Estimates from the American Gaming Association claim most...
by Zachary Kelley | Nov 27, 2023 10:46 pm | Revenue
Americans bet $79.76 billion on sports since January of 2023. Based on current pace and upcoming sporting events, the market expects to continue its growth and surpass the $100 billion mark before the year ends. The emergence of new online sportsbooks and more states...
by Jeremias Di Vico | Apr 20, 2023 5:59 pm | Sports Betting
NASCAR seems to be making a sharp turn in its approach to gambling, now partnering with PrizePicks. Earlier in the season they partnered with Powerball, showing a clear commitment to being invested in the gambling space. With NASCAR being a popular fantasy sport for...
by Michael Molter | Nov 21, 2022 1:40 pm | Legal
MaximBet shutdown just a few days after FuboTV announced their ceasing of operations. Cannibalization of sportsbooks may continue as sportsbooks struggle and customers lodge complaints. INDIANAPOLIS – Last week, MaximBet released a statement ceasing operations...
