The ability to capture revenues currently headed offshore to unlicensed sportsbooks is one of the central talking points when the legalization of sports betting is debated. The argument goes that because there’s a demand, and people are currently engaged in the activity through black market operators, it should be legalized and regulated. Because prohibitions don’t…
As they look to plug budget holes, states across the country are eyeing legal sports betting’s successes in the US. But what about the roughly two dozen states that have already pumped the legal sports betting well? Where can they look for new tax revenue?
Legal online lotteries and casino gambling have been a reality for some eight years in the US. Sports betting (outside of Nevada) is in its third year and is spreading rapidly across the country. These products have brought many benefits with them, but there have also been a few hiccups along the way.
The latest New Jersey sports betting revenue report contained some very big numbers. Sports betting hit nearly $1 billion in handle, and because it’s the December report, it also includes the big year-end numbers. That said, the framing of these numbers didn’t go unnoticed on Twitter and opened up a discussion on the reporting of…
This is Part 1 of a three-part series laying out the Betting USA’s team’s 21 best predictions for the gambling world in 2021. The first installment focuses on US sports betting, while in Part 2 and 3, the focus will shift to other sectors of the US gambling industry.
To borrow a phrase from Barstool founder Dave Portnoy, Barstool Sports is wrapping the gambling industry’s collective brain in a pretzel. From the moment Penn National Gaming announced it was acquiring Barstool Sports, the controversial company has dominated the US sports betting conversation.
During the summer months, COVID-19 cases declined throughout most of the US. That provided a US casino industry, reeling from the prolonged shutdowns caused by the pandemic, with a sense of optimism. But the summer reprieve is proving short-lived, as cases are rising in most states, and local governments have started rolling back some of…
Whenever speed and stamina are central to a sport, it usually has a drug problem. Cycling has a perennial problem with doping dating back at least to 1903. Athletics and swimming are rife with it. It is an even bigger problem in horse racing, as both the horse and the jockey are in play.
Mobile sports betting registration in Illinois will remain in place until at least November 14th, 2020.
In this column, Betting USA looks at five US sports betting and online gambling questions that could get answered in 2021.
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