There weren't many people who thought that regulated sports betting wouldn't be successful in New Jersey. But it's safe to say that almost no one had any idea exactly how successful regulated sports betting would be in the Garden State. In October, Jersey bettors set a new record for wagers by putting down nearly $800…
DraftKings is proving the old business adage that it takes money to make money by losing nearly $350 million in Q3 2020. But those losses are hardly the harbinger of a failing business. In fact, DraftKings is gaining value at a rapid clip and is certainly a contender in the sweepstakes to dominate the newly…
Regulated sports betting in Colorado is still relatively new but, like most US regulated markets, is setting new records every month. In September 2020, Colorado's regulated sportsbooks pulled in $207.6 million in wagers. That's pretty impressive for the first the full month that included football, though Colorado bettors threw money at a variety of sports,…
Ever since it was just a distant dream, regulated sports betting in New Jersey seemed destined for success. After all, New Jersey came into the game with a mature gambling market, a dense population, and legions of fans rooting for a variety of regional teams. But even the Garden State's most dreamy-eyed optimists could hardly…
Betting markets across the world adjusting to the daily twists and turns of the upcoming US presidential election with a major shift in favor of the challenger, Joe Biden. Biden is pulling at around -200 in most markets. The incumbent, however is at +188 this week in hat is amounting to a major crash. Of…
DraftKings has recently confirmed that it has joined the International Betting Integrity Association (IBIA). It's a move that will significantly enhance the operator's ability to monitor international betting markets for the kinds of anomalies that suggest potential match-fixing and point shaving activities. The IBIA operates in markets across the globe and is considered to be…
The University of Colorado and PointsBet sportsbook made history recently when they became the first US university to pair up with an official sports betting operator. The deal, which included a revenue stream for CU and tons of exposure for PointsBet also included a nod to affiliate marketing, according to a report from Sports Illustrated.…
5Dimes, the iconic outlaw sportsbook, has negotiated a settlement with the US Department of Justice that includes the forfeiture of funds, the admission of wrongdoing, and a possible entry into the regulated US sports betting market. It's a major move that could significantly alter the landscape of sports betting in the United States. According to…
BetMGM has an interesting, and very smart, take on the burgeoning US sports betting market. Since regulated action is so new, the field is wide open and operators are tripping over each other to grab a piece of the action. That's why BetMGM is in a good position to call itself, "The King of Sportsbooks",…
BetMGM added another impressive piece to its collection of official partners after inking a deal to be the official sports betting partner of the Las Vegas Raiders. It's a big win for the sportsbook as it battles fiercely for its share of the burgeoning US sports betting market. Under the terms of the deal, BetMGM…
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