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Category: New Jersey

That “other” NJ sports betting case might be winding down. As we reported a few weeks ago, the litigation that culminated in states being able to legalize sports betting is still ongoing.  Fear not, however, legal New Jersey sports betting is not in jeopardy this time. Instead, gone is the state of New Jersey from the litigation, […]

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Auto racing is back at the books, in a sense. Whether what’s there is a true sport remains up for debate. Both Nevada and New Jersey gambling regulators recently approved betting on NASCAR iRacing. Betting is limited to the 2020 eNASCAR iRacing Pro Invitational Series, which includes actual NASCAR drivers. That’s different from the eNASCAR […]

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Diamond Eagle Acquisition Corp. (DEAC) has ordered the creation of a $30 million fund to cover any claims and losses emanating from the unplanned SBTech outage last week. According to SEC documents filed Wednesday, DEAC added a new indemnity clause to its deal to combine SBTech and DraftKings. Now, $30 million of the $600 million price […]

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The expansion of Betfred and other UK operators into the US market begs the question: How safe are funds in an online sports betting account? In regulated markets, the answer is: not always as safe as you’d hope. That’s according to bettor’s rights group HBF, which recently published its updated Register of Protection of Funds. […]

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Nevada sportsbooks continue to show seasonal strength with one of their highest handle totals on record. Combined with record handle in New Jersey, the two largest markets in the country accounted for nearly $1 billion in sports betting handle last month. Nevada sports betting saw $546.2 million in bets during September, raking in a robust […]

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Happy Monday, y’all, and welcome back to your regularly scheduled sports betting catch-up. This recurring piece does get a bit cheesy sometimes, but we hope you relish a weekly recap as much as we do. Our team spent the week at the Global Gaming Expo in Las Vegas, roaming the floor in search of familiar […]

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Monthly NJ sports betting handle and revenue continue to deliver eye-popping numbers but do not yet challenge Nevada‘s best September. New Jersey sports betting handle climbed to a monthly record of more than $445 million in September 2019. Revenue shot up to nearly $38 million as well, a strong hold of more than 8.5%. That […]

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Penn National Gaming might not be a household name, but it is well on its way to becoming a dominant force in the sports betting industry. At a glance, its series of new partnerships announced last week appears likely to shift the long-term balance of power in the young US sports betting market. We’re putting the […]

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The not-so-novel concept of sports teams partnering with gambling companies is catching on like gangbusters in the US. According to a tweet from ESPN reporter David Purdum, casino giant Caesars Entertainment has partnered with two franchises in the east — the Philadelphia 76ers (NBA) and the New Jersey Devils (NHL). Caesars Entertainment announces a partnership with Philadelphia […]

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Tropicana Casino & Resort in Atlantic City launched its sportsbook Thursday, bringing a ninth operator into New Jersey sports betting. William Hill operates the new sportsbook at Tropicana, and threw open the doors in time for the second half of football season. Bets will be taken in the North Tower Casino for now, while a […]

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