by Christina Monroe | Dec 15, 2020 11:17 am | Regulatory
Kentucky may not have enough time in 2021 to consider making sports wagering a legal industry as they will hold a shortened session. The gaming focus is slated for historical horse racing, a huge moneymaker for the Bluegrass State that has only recently been made...
by Christina Monroe | Dec 6, 2020 11:27 am | Regulatory
Numerous states are considering sports betting legislation in 2021 as a new revenue stream to help bridge the huge gaps caused by the Coronavirus Pandemic. All of these states made progress in the 2020 legislative sessions only to be thwarted by the time constraints...
by Hasan Nabulsi | Nov 25, 2020 12:40 pm | Sports Betting
There are a total of 25 states that have legalized sports betting, 19 of which have active sportsbooks. Residency in a state is not required when betting on sports in a state with legal sportsbooks. Withdrawals can be made when travelers head home, but further bets...
by Christina Monroe | Nov 17, 2020 2:58 pm | Sports Betting
DraftKings and Flutter (FanDuel) both did surprisingly well as can be seen with the release of their Q3 reports. Illinois, Indiana, and Washington DC all saw growth in their monthly sports betting revenue numbers, showing the NFL making a big impact on gambling...
by Christina Monroe | Nov 16, 2020 11:43 am | Revenue
DraftKings has increased its year-on-year revenue growth by almost 100% for its third quarter their reports show. The sports betting company attributes this tremendous increase to many different factors, one of which being that they are now live in ten states with a...