Miscellaneous Articles

New York Maintains Limit on Mobile Sportsbook Operators
by Dave Schwab - 4/11/2022

Since Jan. 8 of this year, the legal US sports betting industry has revolved around the state of New York. That was the first day that online sports betting was available through US-based mobile sportsbook operators.As they say, the rest is history. New York went on to set a new national record with a $1.6 billion sports betting handle for January with limited operators and only three weeks of betting action.

Will Massachusetts Finally Legalize Sports Betting?
by Dave Schwab - 4/4/2022

In less than three months of going live with legal mobile sports betting, New York has become the No. 1 market in the US in terms of total betting handle. Heading into the final 10 days of March, New York sportsbook operators have taken in more than $4.4 billion in bets since early January.

Everything Set for Ontario’s Sports Betting Expansion on April 4
by Dave Schwab - 3/28/2022

While the US sports betting industry continues to expand at an accelerated pace, sports betting north of the border in Canada is starting to heat up as well. Last August, a major change to the sports betting laws in that country should prove to be a game changer. Sports betting in Canada has been legal for the past few decades with one major caveat. The only legal bet that could be placed was on multi-team parlays.

BetMGM Goes Live in Illinois for March Madness
by Dave Schwab - 3/7/2022

Timing is everything when it comes to betting on sports. Arizona has turned into one of the biggest legal sports betting markets in the US. This state aligned the industry launch for Sept. 9 of last year. This also happened to mark the start of the 2021 NFL regular season.

TwinSpires Consolidates Focus to Online Horse Betting
by Dave Schwab - 2/28/2022

Legal sports betting in the US first expanded in early 2018. New Jersey had just won its extended court battle against the federal government as well as prominent US sports entities such as the NFL, MLB and NCAA. When the US Supreme Court gave individual states the right to govern and regulate legal sports betting within their borders in May of that year, the gold rush in the US market was on.

Caesars Lands Celebrity Chef for Arizona Retail Sportsbook
by Dave Schwab - 2/22/2022

The first retail sportsbook at a professional sports venue was in the District of Columbia. This past summer, Capital One Area opened the William Hill Sportsbook. This is home to the NBA’s Washington Wizards and the NHL’s Washington Capitals.

New York Shakes Up Mobile Sports Betting in the US
by Dave Schwab - 2/14/2022

Anyone connected with the sports betting industry already knew that New York going live with online sports betting was going to be a big deal. However, even the most optimistic industry analysists underestimated the overall impact in the first month of business.

NFL Live In-Game Betting Season Insights
by Dave Schwab - 2/7/2022

With just one NFL game left to play in the 2021 season, there were certain betting trends that stood out over the past 20-plus weeks of games. On the most basic level, favorites won 62.5% of the time in a straight-up matchup. However, underdogs carved out a 52.7% edge against the spread. The home team won 51.8% of the time straight-up, but they only covered in 48% of those games.

Is Wynn Resorts Shopping Its US Online Sports Betting Business?
by Dave Schwab - 1/31/2022

The US sports betting industry went from retail sportsbooks in one state to more than 30 legal markets across the country in just a few years. This May will mark the fourth anniversary of the landmark US Supreme Court decision that gave individual states to right to govern and regulate sports betting within their borders.

An Early Look at BetMGM’s State Farm Stadium Retail Sportsbook in Arizona
by Dave Schwab - 1/24/2022

When the state of Arizona first started the process of legalizing sports betting, it decided to take a unique approach to the process. One of the most innovative provisions in the pending legislation was retail sportsbooks at Arizona’s professional sports stadiums, arenas and other sporting venues.

Caesars Sportsbook Goes All-In for New York Mobile Market Share
by Dave Schwab - 1/17/2022

The biggest story in US sports betting this January has been the launch of legal mobile sportsbook apps in the state of New York. Going back to the final few months of 2021, the anticipation for mobile betting going live across New York was about as high as it gets for any new state entering the marketplace.

Recapping the Top Sports Betting Topics in 2021
by Dave Schwab - 1/10/2022

Sports bettors have quite a bit to look forward to in 2022 starting with this season’s NFL run to a Super Bowl title. The Tampa Bay Buccaneers have their sights set on a second-straight title while the Kansas City Chiefs are seeking redemption for last year’s no-show in Super Bowl LV.

NFL Hall of Fame Signs Deal to Offer Legal Sports Betting
by Dave Schwab - 1/3/2022

The state of Ohio recently passed the necessary legislation to offer legal sports betting. Part of these new provisions include the ability to operate retail sportsbooks at sports facilities located throughout Ohio. One of those approved sports facilities happens to be in Canton, as the official home of the NFL’s Hall of Fame. The company behind this facility is the Hall of Fame Resort & Entertainment Company America.

Chicago Sports Venues Gear Up for Sports Betting
by Dave Schwab - 12/27/2021

It would be hard to argue against the fact that Chicago has some of the most diehard fans in professional sports. Every franchise has a long history of success that spans quite a few years. Pro sports in the Windy City are represented in the NFL by the Chicago Bears. The NBA has the Chicago Bulls. MLB has two city teams with the Cubs in the National League and the White Sox in the American League. The Chicago Blackhawks are an anchor franchise of the NHL.

Tracking the Expansion of Online Sports Betting in the US
by Dave Schwab - 12/20/2021

As 2021 draws to a close, this has been a highly volatile year in the legal US sportsbook industry. As more and more states went live with legal sports betting, more and more sportsbook operators entered the marketplace. The big three of FanDuel, DraftKings and BetMGM continued to expand their overall footprint through aggressive marketing plans.

What is Going On With Legal Sports Betting in Florida?
by Dave Schwab - 12/13/2021

There are close to 30 states in the US offering legal sports betting in some form. One state recently added to that list was Florida. More recently, the Sunshine State has come off of that list due to ongoing legal challenges to that state’s gaming system.

Caesars Sportsbook Sets the Standard for Team Partnership Promotions
by Dave Schwab - 12/6/2021

The US sports betting industry has quickly grown to become a highly competitive marketplace. The top three mobile sports betting operators (FanDuel, DraftKings & BetMGM) currently control more than 80% of the market. However, other operators with deep pockets such as Caesars Sportsbook and WynnBET still have the ability to make some major inroads into both existing and new markets as they go live. Of the two, Caesars has already set the precedent as one of the top deal makers in the industry.

Both BetMGM and Caesars Land Major Partnerships with Madison Square Garden
by Dave Schwab - 11/29/2021

The battle for online sports betting market share in the state of New York is on. The Empire State has approved nine different US-based operators as it plans to launch online sports betting early next year. Two of the nine wasted little time in making their presence felt in New York City, as the biggest piece of the pie in a sports betting market to has the potential to become the biggest in the US.

ESPN Gets the Green Light on Sports Betting From Parent Company
by Dave Schwab - 11/22/2021

Earlier this year, there were rumors that ESPN was actively pursuing a deal with one of the bigger US sports betting operators for branding rights. Nothing concrete came from those talks, but they always say where there is smoke, there is fire.

New York Selects Nine Mobile Sportsbook Operators
by Dave Schwab - 11/15/2021

The long wait is almost over as the state of New York continues to prepare for the launch of online sports betting. In a major move forward, the state’s gaming commission released a list of nine sportsbook operators on Nov. 8.