Texas sports betting remains illegal in the Lone Star State, as legalization efforts shift all the way to 2025.  The 2023 legislative session officially ended Monday, with a dead online TX sports betting bill facing an unclear path forward. As a result, Texans will spend at least the next two years needing to go out of state to find a legal book, or resorting to illegal offshore sites or local bookies to place wagers.  With primary opponent Lieutenant Governor Dan Patrick having just been reelected through 2026, a roadmap to legalization remains tough to envision. “As long as Dan Pa ..read more

A recent survey by Optimove suggests most companies are spending their marketing dollars differently than sports betting operators. The customer-led marketing platform provider found that 54% of the 221 senior-level marketing executives polled allocated more than half of their marketing budgets to acquire new customers. That compares to 33% that split the budget evenly and 13% that spend more on customer retention. While the exact breakdown of marketing budgets is rarely (if ever) shared by sports betting operators, many in the industry are more focused on the profitability of current customer ..read more

Colorado sports bettors spent $417.8 million in April, capping off the third year of legal sports betting in a state where the country’s most-popular game is not the betting champion. While it is a 15.5% decrease in betting handle from March ($494.4 million), it is a 6.5% increase from the same month last year ($392.3 million.) Sportsbooks posted an 8.4% win rate in April, generating $35 million in CO sports betting revenue. Colorado received $2.58 million in sports betting taxes. According to figures recently Friday by the Colorado Division of Gaming, sportsbooks handled $136.6 million in Apr ..read more

Manchester City (-220) is the favorite against Manchester United (+475) in the 2023 FA Cup final match on Saturday, June 3. Online sportsbooks have set odds on multiple aspects of Saturday’s match slated for 10 a.m. ET in Wembley Stadium. Below, we’ll take a closer look at the betting odds for the final match of this year’s FA Cup, as well as examine some of the game props and player props for the match between Man City and Man United. Best 2023 FA Cup final odds Manchester City vs. Manchester United Moneyline (in regulation time): Man City -220, Man United +475 To win Cup (in regulation or e ..read more

With the Vegas Golden Knights () and Florida Panthers () set to meet in the 2023 Stanley Cup finals beginning with Game 1 on Saturday, online sportsbooks are offering multiple ways to bet on each game as well as the entire series. From player props to series props, there’s a lot to choose from as the NHL crowns this season’s champion. Below, we’ll take a look at some of the best options for Stanley Cup finals odds. Jump to: Series props | Player props | How to bet | Top sportsbooks Best Stanley Cup finals odds In addition to betting on the eventual winner of the Stanley Cup, there are multiple ..read more

Caesars is ending the last two known US college sports betting partnerships amid heightened concern about state and federal regulatory action. A spokesperson for PlayFly Sports, the media rightsholder for athletic departments at LSU and Michigan State, confirmed both schools are finalizing the termination of their agreements to market Caesars Sportsbook. Both had multiple years left on their deals. Details of Michigan State’s termination were first reported by the Lansing State Journal. Caesars, PointsBet out on college sports betting deals Four schools have cut ties with betting sponsors sinc ..read more

Nevada sports betting handle topped $598 million in April, a 3% increase over the same month last year ($582.5 million.. Revenue and hold for NV sports betting increased year-over-year as well. Sportsbooks posted $32.5 million in April revenue, according to figures released this week by the Nevada Gaming Control Board. It is a 28% increase over April 2022 ($25.3 million.) Nevada sports betting operators held more than 5% in April, another increase over the same month last year when sportsbooks won 4.4%. The Silver State received more than $2 million in sports betting taxes. Decl ..read more

The Cincinnati Bengals have made it to the AFC title game the past two seasons in a row. Sportsbooks are expecting big things once again, as the club is one of the top five betting favorites to win Super Bowl 58. So what is it that makes Cincinnati one of the favorites for the coming campaign? Let’s take a look at the latest Bengals odds and get insight from an industry pro. Best available Cincinnati Bengals odds As we look ahead to Week 1 of the NFL regular season, the Bengals are among the betting favorites in a number of futures markets.  For the Super Bowl, the Bengals are currently t ..read more

There is plenty of daylight ahead of online NC sports betting legislation heading into its final stretch this session. The Senate voted 38-11 in favor of online North Carolina sports betting bill HB 347 during a second reading roll call vote Wednesday afternoon, advancing the legislation to a third and final reading Thursday. Should the Senate move HB 347 forward, it will need House concurrence on multiple amendments added since the lower chamber passed the original proposal, 64-45, in March. The session ends later this month. If sports betting passes, the law would take effect Jan. 8, 2024, a ..read more

Play video Raise Your Hand If You Play Fantasy Football | Sports Betting News Today | LSR podcast 195 A new study sheds light on how many young people participate in some kind of gaming activity, and it should be read closely to understand what it means. Plus, Fanatics pulls a marketing offer, new info about a DraftKings account hack, and why Minnesota sports betting legislation failed. Full transcript Matt Brown (00:09): Hello and welcome to episode number 195 of the LSR Podcast. My name is Matt Brown, joined each and every week by the brightest minds in all of the gaming industry. With me, I ..read more