The US First Sports Betting Exchange Opens in New Jersey
New Jersey is the first state in US history to launch a sports betting exchange. Prophet Exchange went live in the state in August 2022 and already has hundreds of users.
Betting
Kansas Sports Betting Preparing For Launch
On May 12, Governor Laura Kelly signed SB84 to legalize sports betting in Kansas. The US state is the second to do so this year, after a Maine bill was signed on May 2. By signing the bill, Kansas has overtaken Missouri in the so-called “Border War”, with the Show-Me State failing to take legal action towards sports wagering.
Ontario Prepares for Betting Market Growth
Ontario became the first province in Canada to take advantage of the C-218 bill and legalize single-game wagering earlier this year. The province launched single-game wagering with government-backed sportsbooks in December 2021 and announced its intentions to welcome commercial sportsbooks in January 2022. The regulated sports betting market went live on April 4, 2022. More …
Maine Becomes 2022’s First US State to Legalize Sports Betting
Maine Governor Janet Mills signed LD585, the state’s sports betting bill, into law last Monday. After both the Maine House and Senate supported the bill last month, it picked up massive popularity within the Pine Tree State. This support culminated in Gov. Mills’ approval on 2 May, effectively legalizing sports betting within the state. While …
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March Madness Fuels Betting Growth
March Madness is one of the most popular sports events of the year for American bettors, where dozens of teams from the NCAA play games over an intensive month. There are plenty of shocks and surprises along the way, which is why sports fans love it so much.
Strong Debut for Betting in Ontario
On April 4, 2022, Ontario became the first province in Canada to regulate online sports betting and gambling. From this date, players in ON can find dozens of licensed betting sites with guarantees of player safety. While it is very early for this new market, there are already signs that Ontario could become a massive market for online sports betting.
March Madness and College Sports Betting
March Madness is one of the most highly-anticipated sporting events in the US sports betting calendar. With Kansas Jayhawks and the North Carolina Tar Heels facing off in one of the most spectacular US sporting events, the game will mark the end of 2022 March Madness for another year. Monday night’s long-awaited NCAA Division I men’s basketball championship event is expected to bring in millions of viewers from around the country (and the rest of the world).
The Next US Potential Betting States
Since the US Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, legal online sports betting has grown significantly. Before the PASPA was repealed, Nevada was the only state in the US with legal sports betting. With the PASPA gone, states had the right to legalize sports betting. In the …
Pennsylvania Betting Drops In February
As any bettor would tell you, it can’t be all wins. After the record-breaking betting handles of January, it’s no surprise that states across the US reported big drops for February. However, Pennsylvania’s decline was more significant than most, with a 24.8% drop in its handle. That’s despite the record-breaking Super Bowl being played in …
Virginia In-State College Betting
College betting has always been a dividing topic in the United States. Those in favor point to the potential to generate revenue for higher education facilities and engage fans in positive betting camaraderie. However, others believe it does more harm than good. We’re looking at whether Virginia will introduce in-state betting on college sports in …