Latvia has a rich history of being associated with football with the first-ever recorded match dating back to 1906 in Riga during a sports festival organized by the local Keizarmežs sporting union. Football is the third most popular game in the country after ice hockey and basketball. The Latvian Football Federation is the governing body […]
Last year, BetMGM began by operating in just three states. And despite the challenges of a pandemic (or perhaps helped by the pandemic keeping people home) they had grown to operating in ten states. The money was better than expected, too. Bringing in over $178 million in net revenue, significantly beating their target of $150 […]
It was only January when Virginia sports betting made it’s debut, becoming the 20th state to regulate the activity. And now, industry representatives believe the market could grow into one of the biggest in America. The PlayVirginia website recently speculated that the state could generate over $5 billion in wagers annually. Such a number would […]
The big game last Sunday was interrupted by a semi-nude man running onto the field. The Super Bowl streaker, later identified as Yuri Andrade, was arrested and later bonded out for $1,000. But that was only the beginning of the story. It turns out that Mr. Andrade had actually placed a Proposition bet (or a […]
With the big game now in the books, the normally busy Super Bowl betting in Las Vegas was pretty quiet this year. Yet another victim of the Coronavirus pandemic. Usually, the Super Bowl will bring somewhere near 300,000 visitors to Sin City and boost the Nevada economy upwards of $500 million, WITH $100 million coming […]
As the economic free fall continues for the gambling industry amidst the Coronavirus pandemic, New Jersey sports betting has finally overtaken Nevada as leader of the American market. New Jersey’s total handle was over $6 billion last year, while Nevada sports gambling took in only $4.3 billion in 2020. Nevada regulators cited the coronavirus pandemic […]
Regulated US internet betting just hit an amazing, all-time high over the weekend… due in large part to the opening of Virginia and Michigan online gambling! The NFL’s Conference Championships over the weekend brought out the bettors across 17 states and Washington, DC. That resulted in a 260% increase in legal gambling transactions placed over […]
A key piece of legislation from 2019 will allow for the regulation Puerto Rico sports betting starting later this year. That legislation was amended last year to permit the activity and signed into law by Governor Vázquez Garced. Hope is that betting on sports will create additional tax revenue and jobs. However, the Puerto Rican […]
Washington sports betting is looking to expand beyond the walls of Tribal casinos. For the second year in a row a new bill was introduced in the State Senate to expand sports gambling. The bill would expand sports betting to state licensed card rooms and horse tracks. A similar proposal bill failed last year, but […]
In a case that has enormous implications for online gambling in America, the US Department of Justice lost their Wire Act appeal against the New Hampshire Lottery Commission. The First Circuit Court of Appeals ruled in favor of New Hampshire, upholding the decision of a lower court and driving a nail in the Justice Department […]