Month: March 2022

Kentucky House committee Unanimously approves sports betting The house bill 606, unanimously passed the permit which will allow for sports betting on mobile devices in the state. The bill seeks to legalize most forms of sports betting in the state and regulates taxes on all online gambling. Supporters of the […]

Louisiana bettors wager $211 million in February The Louisiana gaming control board released figures from the month of February. The state had a total of $211 million wagered on sports, that amounts to $16 million in tax revenue for the state. “The real winner out of sports betting is going […]

New York open to expansion of Sports Betting Licenses On Monday both parties of the New York legislature revealed their budget proposals for sports betting and gabling regulation. Lawmakers will now work to determine if downstate casinos will be expedited and if they can add additional sports betting licenses. Lawmakers […]

March Madness betting handle what can we expect? With 30+ states allowing sports betting, the AGA (American Gaming Association) predicts 45 million adults to wager on March Madness. With an estimated $3.1 billion to be wagered on the games. They are also predicting that 76% of that will be placed […]

DraftKings CEO says people selling his company stock will regret that decision DraftKings is down over 43% over the past three months, and 72% during the past 12 months. Jason Robins CEO vows that people who are selling his company’s stock will “regret that decision” he wrote on twitter, “If […]

Disney doubles down on sports betting with ESPN In Disney’s Annual shareholders meeting, CEO Bob Chapek again spoke about sports betting with a main goal of attracting younger audiences and creating new revenue. This news comes shortly after Chapek said this about Disney, “seriously consider getting into gambling in a […]

Sports Betting Continues to thrive in Arizona Arizona  continues to be one of the biggest players in sports betting. Over the month of December the state totaled $499.2 million worth of bets, with 99% of those bets being placed on mobile sports betting apps. We still await the numbers from […]