May was a particularly good month for Louisiana’s sports betting industry, with the state reporting its second-highest monthly total since online betting became legal at the start of the year. Revenue in May 2022 was reported as $22.6 million – a giant leap from $3.3 million in April 2022. The Bayou State opened its legal […]
Sports Betting News
Knowing what is happening in the sports world can affect your sports betting strategy. We present you the latest news about soccer, football, basketball, as well as famous players from all sports.
Profits from Britannia Stakes Race Donated by Sportsbooks to Charity
Some of the biggest names in the sports betting industry joined forces recently to pass it forward. Several members of the Betting and Gaming Council in Britain decided to donate the profits from the Britannia Stakes horse race that was run during the Royal Ascot week recently. A total of $1.5 million was distributed to […]
Nigerian Football Icon Kanu Partners with Sports Betting Operator
Nwankwo Kanu, the 45-year-old Nigerian football legend, has become the new face of the cryptocurrency-based sports betting operator, Sportsbet.io. The four-year deal makes Kanu a global ambassador for the group. Albert Climent, head of Africa for Sportsbet.io, gave the iconic player a warm welcome: “Nwankwo Kanu needs no introduction, he’s a true football legend and […]
Kansas Governor Signs Sports Wagering Bill
It’s official. The Governor of Kansas, Laura Kelly, signed the bill that will legalize sports betting in the state. The ceremonial signing of Senate Bill 84 took place on Monday in the company of multiple stakeholders in the state’s casino industry. SB 84 will allow places such as restaurants and non-profit organizations to offer sports […]
Will Texas Legalize Sports Betting Soon?
According to a report by CBS Sports, industry analysts believe that Texas could legalize sports betting by 2023. If this happens, Texas will become the largest state with legal sports betting. Lawmakers missed the deadline to bring legal and regulated sports betting to the Lone Star State last year, but that doesn’t mean that it […]
Japan Mulls Ease of Restrictions on Sports Betting
There is much speculation that the Japanese government wants to ease restrictions that it has in place on sports betting. According to AsiaNews.Network, the Economy, Trade and Industry Minister, Koichi Hagiuda has drafted a proposal to lift restrictions, although he has publicly stated that there are no moves in place to realize the proposal immediately. […]
New Sportsbook Offering Comes to West Virginia
The online casino and sports betting group, Rush Street Interactive, has become the latest company to enter the West Virginian sports betting market. Rush Street’s online sportsbook will now be added to the group’s online casino that has been in operation with BetRivers since April last year. Rush Street maintains a good share of the […]
Mobile Sports Betting Pushes Growth in Illinois
April 2022 was the second month that Illinoisans were allowed to register their accounts at sportsbooks using remote means. This had an incredible effect on the local sports betting industry, with the Illinois Gaming Board reporting that sportsbooks took in $839.4 million in April – a 56% jump in comparison to the same total year […]
Entain Agrees to Buy BetEnt Sports Betting Group
A multi-million-dollar deal was announced in the online betting world this week, after Entain agreed to purchase the Dutch-based online sports betting group, BetEnt BV. A total purchase price of $885 million was agreed. If all goes according to plan, the deal is expected to be finalized by the second half of this year. Entain […]
Disappointing April Performance for Danish Sports Betting
The Danish Gambling Authority issued an update of the country’s sports betting market, showing that year on year revenues for the month of April 2022 declined by 16.6%. The industry was informed that takings on sports betting fell from DKK 222 million in April 2021 to DKK 266 million in April this year. Nevertheless, it […]