by Michael Molter | Dec 7, 2024 7:17 am | Sports Betting
The average hold rate in Nevada averaged 5-7% before 2018. Since nationwide regulation, sportsbooks now keep 9.7% of every dollar bet. This increase easily links to parlay promotions and advertising. Some states are seeing nearly 70% of their monthly revenue come from...
by Zachary Kelley | Aug 23, 2024 12:27 pm | Legal
Online sports betting returned to Florida with the launch of Hard Rock Bet in December, but college prop betting didn’t come with it. The Florida Gaming Compact between the Seminole Tribe and the state of Florida prohibits Hard Rock Bet from offering prop betting on...
by Zachary Kelley | Jun 17, 2024 1:37 pm | Legal
The U.S. Supreme Court denied a request to hear the Florida online sports betting case, guaranteeing Seminole Tribe control on the industry until 2051. Details of the Florida Gaming Compact allow the Seminole Tribe to legalize iGaming, likely by 2026 through the same...
by Zachary Kelley | Jun 3, 2024 12:03 pm | Sports Betting
Floridians can get the Florida Panthers Stanley Cup Finals odds at -137 with Bovada, rather than the -145 odds offered by Hard Rock Bet. Stanley Cup series props list the Panthers win in seven games as the most likely series correct score with +400 odds. NBA Finals...
by Zachary Kelley | May 30, 2024 1:02 pm | Legal
The U.S. Supreme Court will meet on June 13 to discuss the Seminole Tribe’s sports betting monopoly in Florida. Opponents of the Florida Gaming Compact between the Seminole Tribe and state of Florida argue that it violates the Indian Gaming Regulatory Act and state...
