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...
by Giovanni Shorter | Mar 15, 2022 11:52 am | Sports Betting
The American Gaming Association (AGA) estimates 45 million Americans will wager over $3.1 billion on the NCAA Men’s and Women’s college basketball tournament, better known as March Madness. This is a lower projected number of bettors compared to 2021, but more money...
by Sam Profeta | Feb 16, 2022 12:22 pm | Sports Betting
There was a 95% increase in online sportsbook accounts that bet on the Super Bowl this year. There were 5.6 million accounts used to bet on Super Bowl 56. There was an expected $7.61 billion betting handle for Super Bowl 56. LAS VEGAS – Following the conclusion of...
by Jerad Paparella | Feb 10, 2022 12:18 pm | Legal
According to a report released by the American Gaming Association, an estimated 31.4 million Americans will bet on Super Bowl LVI in some way. The report also predicts a $7.61 billion Super Bowl betting handle – a 78% increase from last year – with 55% of...
by Jerad Paparella | Feb 4, 2022 3:39 pm | Sports Betting
This year’s Winter Olympics in Beijing is expected to be the most-bet Olympics ever, with 30 states now offering at least some sort of state-regulated sports betting. There are some potential obstacles in the way, however – there have been over 100 reported...
