by Daniel Borjas | Apr 9, 2020 10:48 am | Regulatory
The coronavirus pandemic has caused a delay in sports betting regulations being passed. Sports betting has the potential to earn $3.7 billion a year in taxable revenue for Brazil. BRASILIA, Brazil – Due to the ongoing COVID-19 (coronavirus) pandemic, sports betting...
by Christina Monroe | Apr 8, 2020 5:31 pm | Political Betting
The West Virginia Lottery is currently considering allowing sportsbooks in the state to offer betting on the 2020 Presidential Election and politics in general. The Mountain State would have been the first state in the nation to allow gambling on political events,...
by Christina Monroe | Apr 8, 2020 3:45 pm | Revenue
Sportsbooks have been accumulating losses in profits due to the Coronavirus and professional sports being suspended worldwide. Each operator protects the funds of their customers differently and sports bettors should know if their money is being protected if these...
by Carter Floyd | Apr 8, 2020 2:53 pm | Political Betting
Vermont Senator Bernie Sanders has announced the immediate suspension of his presidential campaign, leaving former Vice President Joe Biden as the presumptive Democratic nominee. Biden (+125) is a slight underdog against incumbent President Donald Trump (-110) for the...
by Carter Floyd | Apr 8, 2020 11:18 am | Sports Betting
Sports betting revenues will likely be severely reduced for at least the next several months because of the widespread sports shutdowns caused by COVID-19. U.S. sportsbooks were mostly unaffected by COVID-19 in February and managed to post $83.1 million in reported...