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Legalized Sports Betting: One-Year Year After PASPA Decision

Sports betting is now legal in 11 states (including Nevada). Source: Variety   Its been a year since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) that banned sport.....»»

Category: blogSource: TheBigPictureMay 17th, 2019

Michigan Surpasses $1B In Sports Betting Handle In One Year: What Investors Should Know

Michigan legalized sports betting back in 2020. The introduction of online sports betting to the state in January has made Michigan a key state in the market as one of the most populated states to legalize the industry. read more.....»»

Category: blogSource: benzingaMay 11th, 2021

Morgan Stanley says legalized sports betting in Texas this year has "slim" odds

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 9th, 2021

It"s been a year since D.C. legalized sports betting. Is that a long time to go without any bets being placed?

It's no secret D.C. has missed its starting projections on sports wagering. When it passed the legislation that legalized sports wagering in the District nearly a year ago, the D.C. Council anticipated residents would be placing in-person bets by ea.....»»

Category: topSource: bizjournalsDec 11th, 2019

The District"s big gamble on sports betting hasn"t borne fruit, yet

The Washington Business Journal is rolling out its top stories of 2019. This is No. 8. Don't miss No. 9 and No. 10. Nearly a year ago, the D.C. Council legalized sports wagering with the hope the first bets would be placed by the start of the 20.....»»

Category: topSource: bizjournalsDec 11th, 2019

AP: Most states" sports betting revenue misses estimates

An Associated Press analysis shows that the tax revenue from sports betting has so far failed to hit projections in most of the states that legalized wagering after the Supreme Court cleared the way last year......»»

Category: topSource: foxnewsApr 2nd, 2019

: Did you bet on sports this year? The taxman could be coming for your winnings

Bettors may have to pay federal and state taxes on sports betting winnings if certain thresholds are met.....»»

Category: topSource: marketwatchMar 5th, 2021

Sports Betting Operator DraftKings Posts Q4 Beat, Raises 2021 Guidance After More State Launches: What Investors Should Know

Sports betting and iGaming company DraftKings reported fourth-quarter and full fiscal year earnings before the market open Friday. read more.....»»

Category: blogSource: benzingaFeb 26th, 2021

69-year-old furniture retailer "Mattress Mack" placed one of the biggest bets in Super Bowl history - and won millions

The mattress retailer known as "Mattress Mack" flew out to Colorado Springs to place a $3.46 million bet on his phone through DraftKings. FILE - In this May 2, 2019, file photo, the DraftKings logo is displayed at the sports betting c.....»»

Category: worldSource: nytFeb 8th, 2021

Americans Will Bet $4.3B On The Super Bowl, But Vegas Casino Stocks May Miss Out

This Super Bowl has always been a huge event for sports betting. But thanks to today's market climate, betting on this year’s big game may be benefitting a brand new set of stock market winners. .....»»

Category: blogSource: benzingaFeb 5th, 2021

: Michigan legalizes sports betting — the state could generate $8 billion a year in sports bets, according to one analyst

Michigan is the second biggest state in terms of population to legalize online sports betting......»»

Category: topSource: marketwatchJan 22nd, 2021

: FuboTV plans sports-betting acquisition, with goal to launch sportsbook by year end

Shares of streaming-media company FuboTV Inc. are surging 15% in Tuesday morning trading after the company announced an acquisition that it said "accelerates" its sports-betting aims......»»

Category: topSource: marketwatchJan 12th, 2021

How to legally bet on Super Bowl LIV

With legal sports betting continuing to spread in the U.S., this year's Super Bowl is likely to be among the most wagered-on championship games ever......»»

Category: topSource: foxnewsJan 31st, 2020

Sports Betting Firm DraftKings Acquired, Looks to Go Public Next Year

Fantasy sports and online sports betting site DraftKings has agreed to a combination with special-purpose acquisition group Diamond Eagle that will lead to a public listing in the first half of next........»»

Category: blogSource: 247wallstDec 23rd, 2019

Online sports bets revive New Jersey’s gaming industry

The introduction of sports betting in New Jersey last year has lit a fire under the state’s gambling businesses. Sporting betting, which was introduced in June of last year, generated $96 million in... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 15th, 2019

MGM venture reaches pact to be sports betting platform on Yahoo Sports

Yahoo Sports will provide sports betting through the BetMGM platform on its app, starting in November, the company said Tuesday. Verizon-owned Yahoo said it's agreed a multi-year partnership with Roar.....»»

Category: topSource: marketwatchOct 29th, 2019

Mass. sports betting bill unlikely to happen this year, Gov. Baker says

Sports betting is already legal in Rhode Island and New Hampshire has authorized it......»»

Category: topSource: bizjournalsJul 30th, 2019

States" push to legalize sports betting differs by region

In the year since the U.S. Supreme Court cleared the way for every state to legalize sports betting , a regional divide has opened as states decide whether to expand their gambling options......»»

Category: topSource: moneycentralJun 24th, 2019

Pa.’s sports betting payoff: $17M for casinos in 1st year, on $162M wagered

It's been over a year since the federal ban against sports betting was struck down. Pennsylvania's casinos have generated nearly $17 million in revenue from $162 million made in bets......»»

Category: topSource: bizjournalsMay 16th, 2019

Pros shunned sports bets 1 year ago. Now, leagues are all-in

American professional sports leagues used to fight sports betting as an existential threat until the U.S. Supreme Court handed them a loss......»»

Category: topSource: foxnewsApr 25th, 2019

New Jersey gov: We could be top US sports bet market by 2020

New Jersey's governor says his state could be the top sports betting market in the nation as soon as next year......»»

Category: topSource: foxnewsApr 24th, 2019