Washington Becomes First State To Legalize Sports Betting In 2020

Washington Legalizes Sports Betting at Tribal Casinos

Washington Governor Jay Inslee signed a sports betting bill into law on Wednesday, after an emergency provision was added to it to bypass voter referendum The law authorizes tribal casinos in Washington to apply for licenses to operate sportsbooks but does not extend that privilege to nontribal casinos or out-of-state operators. A Nevada-based gaming company … Read more

Astros Win Could Cost Texas Retailer Close To $15M

Jim “Mattress Mack” McIngvale

The Houston Astros start the road to the World Series against either the Oakland A’s or the Tampa Bay Rays. The “Win it All” promotion being held by the Gallery Furniture store in Houston to profit from the owner’s bet on the Astros to win the World Series ends on October 2. This wager could … Read more

US Mobile Sports Betting Is A Multi-Million Dollar Industry

Mobile Sports Betting

In their first year of legalized sports betting, New Jersey residents bet $3.2 million on sporting events and $2.4 million of those wagers came from their internet/mobile platforms. June 2019 showed that 83% of all sports wagers done in the state of New Jersey were done online while only 17% occurred at sports betting locations. … Read more

Parallels Between The Legal Sports Betting, Marijuana, And Alcohol Industries

The Legal Sports Betting, Marijuana, And Alcohol Industries

Legal sports betting is now offered in 13 states and 17 states in total have legalized the activity since the repeal of PASPA. There are a total of 10 states that have legalized recreational marijuana and 33 that have legalized the drug for medical use. The market value of alcoholic drinks is expected to reach … Read more

Don’t Worry, Your Offshore Sportsbook Is Not Going Out Of Business

ffshore Sportsbooks Not Going Out Of Business

Sports betting legalization is not going to affect your offshore sportsbook or its odds prices. Offshore betting sites may lose some business to state-licensed books, but not enough to matter. The sports betting industry is big enough to support healthy competition. LAS VEGAS – Sports betting is a numbers game. And with all the legal … Read more