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  • New Jersey’s Sports Betting Handle in August Sets a New Record

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    New Jersey’s Sports Betting Handle in August Sets a New Record

    Sports betting insiders predicted some strong pent-up demand from avid bettors because of the current situation. The industry was basically shutdown for three months from mid-March through May. A slow trickle of action started to flow in June before the floodgates were reopened by the end of July. MLB World Series betting, NBA and NHL…

  • DraftKings and FanDuel Plan for an Eventual Las Vegas Presence

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    DraftKings and FanDuel Plan for an Eventual Las Vegas Presence

    As early market leaders in the emerging legal US sports betting industry, both DraftKings and FanDuel continue to form strategic partnerships with some high-profile entities. This list also includes professional sports franchises in the NFL, NBA, NHL and MLB. As part of this overall expansion initiative, building a strong presence in Las Vegas remains a…

  • Total Betting Handle for 2020 Kentucky Derby Cut in Half

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    Total Betting Handle for 2020 Kentucky Derby Cut in Half

    The results from this year’s Kentucky Derby betting are in and the numbers are way down. Even though the race ended up to be a spectacular battle between two of the top favorites, the annual “Run for The Roses” failed to attract the full force of the betting public despite the possibility of legal horse…

  • BetFair Betting Exchange Exits US Market

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    BetFair Betting Exchange Exits US Market

    The US online betting industry is booming these days. The four biggest professional leagues are in action led by the new NFL season and www.us-bookies.com and Super Bowl betting. More and more states are adding legal sports betting to available gambling within their borders. However, for one UK sports betting exchange its time to pull…

  • Can The Cubs Bring Legal Sports Betting to Wrigley Field?

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    Can The Cubs Bring Legal Sports Betting to Wrigley Field?

    Partnerships between professional sports franchises and sports betting companies are springing up all across the country. With 18 states plus the District of Columbia offering some form of legal sports betting, it is easy to see why. In May, the NFL owners signed off on a new rule that allows any of the 32 teams…

  • Penn National Gaming Offers an Attractive Investment Opportunity

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    Penn National Gaming Offers an Attractive Investment Opportunity

    Gaming stocks have been attracting quite a bit of attention lately. The down side has been the devasting impact of the current situation. The plus side is the emerging legal sports betting market in the US. Caught in the middle is Penn National Gaming. As an owner and operator of several land-based casinos, earlier shutdowns…