iBET ETF Insights: The USFL is set for a relaunch of its football league that rivals the NFL, though not in talent. Along with the launch, they have announced that 15 states across the country have authorized licenses to start to accept wagers on the USFL. The revamped season for the USFL is set to […]
News – Illinois gamblers can now register for online betting.News – Illinois gamblers can now register for online betting.
iBET ETF Insights: Two years ago, Chicago opened its doors to allow for sports betting at its casinos, and since then they’ve done $9 Billion in wagers across the state. With a new law Sunday, residents are now able to sign up for sports betting accounts on their phones instead of driving down to the […]
News – March Madness Betting Handle – What can we expect?News – March Madness Betting Handle – What can we expect?
iBET ETF Insights: With 30+ states allowing sports betting, the AGA (American Gaming Association) predicts 45 million adults to wager on March Madness. With an estimated $3.1 billion to be wagered on the games. AGA also predicts that 76% of that will be placed outside of brackets on individual games/prop bets. 29 million more Americans […]
New York open to expansion of Sports Betting LicensesNew York open to expansion of Sports Betting Licenses
iBET ETF Insights: The New York legislature revealed their budget proposals for sports betting and gambling regulation. Lawmakers will now work to determine if downstate casinos will be expedited and if they can add additional sports betting licenses. Lawmakers are required to pass the budget by April 1. Assembly Speaker Carl Heastie said “By and […]
Churchill Downs Abandons Online Sports Betting, stock up more than 10% on EarningsChurchill Downs Abandons Online Sports Betting, stock up more than 10% on Earnings
iBET ETF Insights: During a conference call to report 4th quarter results, Churchill Downs officials said the company will discontinue its online sports betting and internet gaming operations. However, Churchill Downs will still offer retail, and brick-and-mortar sportsbooks. Churchill Downs CEO Bill Carstanjen said, “continued efforts in online sports betting and iGaming by the company […]