Category: Sports Betting and Fantasy News
Top 5 Ways to Choose the Right Sports Betting Site
Sports betting have never witnessed such an unprecedented explosion like it has been in recent times. No thanks to the worldwide internet presence. The internet has made sport betting much easier and more acceptable to millions of people across the globe. Those who are not sworn-betters are equally being driven into sport-betting. This exploding trend has given birth to countless sport-betting platforms, from the real to the fake and the very dubious ones. This has created some “finger-biting”experiences for many betters. Betting can be fun! Every punter enjoys betting most when trading with the right choice of bookmakers. This article…
Online Sports Betting Bill in Tennessee
A bill that would allow betting on sports in Tennessee was fundamentally altered by the bill’s sponsor by only allowing online sports betting. It was supposed to bring sportsbook style shops and kiosks to Tennessee, but state representative Rick Staples introduced an amendment that changed much of the bill language. Instead of physical locations, only online sports betting would be permitted. Betting would be managed by the Tennessee Education Lottery Corporation. Rep. Staples said he believes the state will raise $21.6 million in the first year of operation, doubling that number in the second year. Local governments would receive 15…
Major League Soccer MGM Gaming Deal
The Major League Soccer MGM multi-year strategic partnership deal is the first official gaming partnership of the MLS. Roar Digital becomes the exclusive official sports betting partner of the league. Both MGM Resorts and Road will have access to enhanced MLS data for fans and sports betting customers, as well as game footage and photography, MLS-themed promotions and sweepstakes, television-visible signage for nationally broadcast games in the US, MLS talent and a range of hospitality and event opportunities. The agreement also sets out plans for MLS to work with MGM Resorts and Roar to develop an exclusive free-to-play game for…
Pennsylvania Fantasy Sports Decline Third Straight Month
The Gaming Control Board in the Keystone state has reported a 23% decline in Pennsylvania fantasy sports contests for February. This is the vertical’s third consecutive month of revenue decline. Total revenue for February fell to $1.6m, with DraftKings leading the market in the month. The fantasy sports giant generated revenue of $906,451.16, or 56% of the total, though this represented a 12% month-on-month fall. FanDuel also saw its revenue fall sequentially, down from $998,218.08 in January to $622,815.68. Once again, FanDuel and DraftKings accounted for the vast majority of fantasy revenue generated in the state over the month, accounting…
47 Million Americans will Bet on March Madness
Americans plan to Bet on March Madness to the tune of $8.5 billion. About 1-in-5 adults will be placing a bet on the NCAA men’s basketball tournament, according to a new survey released today by the American Gaming Association. “During this year’s tournament – the first in post-PASPA America – sports fans are expected to bet 40% more than they did on this year’s Super Bowl,” said Bill Miller, AGA’s president and chief executive officer. “Unlike any other sporting event in the country, March Madness attracts millions who fill out brackets, make casual bets with friends or wager at a…
Ohio Sports Betting Bill Introduced
An Ohio sports betting bill has been introduced by lawmakers in the state. The bill could lead to legalize the activity for the state’s 11 casinos and racinos, as well as permit online gambling. Venues that want to offer sports betting services would need to pay a license fee of $100,000, and licensees would be able to enter partnerships with operators in order to offer sports wagering. Casinos and racinos that secure a license would be subject to a tax rate of 6.25% on gross sports betting revenue. However, the bill omits any language relating to a so-called ‘integrity fee’…




















