The Latest in sports betting
Industry
February 21, 2023
Mississippi Sportsbooks Start the Year Slow as January Revenues Decline
As the Magnolia State is busy with its fifth attempt to introduce online sports betting, land-based sportsbooks in the state recorded an average revenue decline of 54.9% compared to December 2022. Such a stark drop was unexpected as player spending took a nosedive for little apparent reason. Player Spending Was Low across All Regions According […]
Blockchain
February 21, 2023
Bet2Bank Introduces a New and Unique Betting Experience
The project confirmed Monday that the new unique betting experience seeks to eliminate different shortcomings of the traditional centralized wagering platforms. Such deficiencies include a lack of security, high fees, as well as lack of transparency. Bet2Bank users can benefit from accessing different features thanks to holding quantities of BXB tokens. Moreover, the project itself […]
Legal
February 20, 2023
Lawmakers in North Carolina Expected to File Mobile Betting Bill
After legalizing sports betting back in the summer of 2019, the state introduced the activity in March 2021. The legislation enabled tribal casino operators to offer the activity but restricted it to retail-only betting. As a result, the residents of North Carolina can visit Harrah’s Cherokee Casino Resort, Harrah’s Cherokee Valley River and Catawba Two […]
Industry
February 20, 2023
Vegas Odds Survey Projects over $6B in Wagers on March Madness 2023
Vegas Odds looked at the reasons why Americans are following the National Collegiate Athletic Association (NCAA) Men’s Basketball Tournament, why people are placing bets on the tournament, how they plan to do that, and the amounts they plan to spend. The Majority of Americans Will Place Their March Madness Bets Online The Vegas Odds survey […]
Business
February 17, 2023
SKS365 Elevates Betting Experience with New Sportradar Partnership
SKS365 and Sportradar have recently forged a long-term agreement to enhance the betting experience on Planetwin365 by offering a complete entertainment package. This new service will be available to registered users online and on mobile devices and also across the company’s retail network, which is part of the group’s omnichannel approach. The New Sportradar Partnership […]
Sports
February 16, 2023
Calvin Ridley Applies for Reinstatement, Hopes to Return to the NFL
Calvin Ridley, an American football wide receiver, was suspended from the NFL for wagering on sports. The reformed player acknowledged his mistake and will now try to return to competing. Ridley Wagered on Sports Ridley was suspended after placing several mobile wagers in November 2021. It is known that Ridley placed around 10 bets and […]
Legal
February 15, 2023
Georgia Lawmakers Continue to Push for Sports Betting Legalization
Georgia is one of the eight US states that is currently trying to legalize sports betting. The statewide expansion of the activity began with the US Supreme Court striking down PASPA back in 2018. Since then, 34 US states have legalized and launched some form of sports betting, while three states have legalized wagering but […]
Sports
February 14, 2023
Betting Operators in Nevada Report $153.2M in Bets on Super Bowl
Overall, 185 sports books in the state accepted wagers on the Super Bowl. Although the result surpassed the amount wagered in 2021, it came short of Nevada’s record in Super Bowl wagers from 2022, which was $179.8 million in wagers. On the bright side, the $153.2 million in wagers from Super Bowl LVII was the […]
Sports
February 13, 2023
Betfred Boosts US Expansion after Securing Maryland License
Earlier this month, the company demonstrated the functionalities and features of its mobile sports betting platform, Betfred Sportsbook. After the successful demonstration, the gambling regulator in the state awarded the brand with a mobile sports betting license in the state. The latest license from the MLGCC makes Betfred the eighth licensed operator in Maryland. As […]
Business
February 10, 2023
New York Sportsbooks Set Betting Handle Record in January
The New York State Gambling Commission, the regulator in charge of sports betting in the state, has announced the results outlining the performance of mobile sportsbooks for January. In total, the mobile betting handle in the state hit $1.79 billion, representing a new all-time-high record. It was back in early January last year when New […]