sports betting

Sports Betting In Kentucky? Legalization Could Come As Early As 2021

Researcher Chris Grove, with the consultant group Eilers & Krejcik, has predicted that sports betting in Kentucky could go live as early as 2021, according to insiderlouisville.com. A pair of Kentucky legislators have pre-filed sports betting bills, and a bipartisan, bicameral task force is examining the issues of oversight and additional tax revenue. “The important thing to […]

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Meadowlands’ FanDuel Sportsbook Refuses To Pay $82,000 Ticket

The new FanDuel Sportsbook at Meadowlands Racetrack has at least one very unhappy customer. Late in the Oakland Raiders-Denver Broncos game on Sunday, Anthony Prince placed a bet on the Broncos, who were behind by two points, although in position to kick a short field goal that would likely win the game. According to FanDuel, […]

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Thayer: Sports Betting Bill On The Horizon In Kentucky

Kentucky Senate Majority Leader Damon Thayer expects a sports gambling bill to be introduced during the next legislative session early in 2019. Thayer laid out the likely plans during Thursday’s symposium on sports betting at Keeneland. He said a sports betting bill would need to include guaranteed subsidies for the racing and breeding industries, horsemen […]

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The Friday Show Presented By The Match Series: Gambling On The Future?

In recent years, racetracks across the country have pursued supplemental revenue sources in various forms — slot machines, casino gaming, historical racing and now sports betting. In this week’s edition of The Friday Show, Scott Jagow and Ray Paulick discuss the backstory and latest developments with historical racing and share their thoughts on where sports […]

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TVG Adds Sports Betting Show To Sunday Morning Lineup

Today, TVG, America’s national horse racing network and an affiliate of FanDuel Group, announced the launch of its first ever live, integrated Sunday morning sports betting pregame show, More Ways to Win, and the premiere of Barstool Sports new syndicated program, The Barstool Sports Advisors. “The expansion of our Sunday morning programming, including our partnership with Barstool Sports, will bring […]

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KEEP: Sports Betting Holds ‘Great Potential’ For Kentucky, Racing Industry

Today, the Kentucky Equine Education Project (KEEP), Kentucky’s equine economic advocate, released a white paper outlining KEEP’s position on legal sports wagering in Kentucky. The white paper details what will be critical to allow for a successful implementation of sports wagering in Kentucky, following the Supreme Court of the United States’ ruling in May that […]

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Report: New Jersey Sports Betting Up, Monmouth’s Share Down

The Daily Racing Form reported Wednesday that New Jersey spots betting figures rose from June to July, but as more sports books have opened, Monmouth Park has lost considerable market share. For June and July, $57.1 million has been bet on sports in the state, with $16.4 million wagered in June — marking a significant increase […]

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Analysis: Gaming Stocks See ‘Statistically Significant’ Jump After Sports Betting Ruling

It’s still unclear what dominos are next to fall as legalized sports gambling ramps up, but according to an analysis from a University of Louisville economist, investors believe there will be a positive and significant impact on companies that operate casinos, racinos and sports books. In his report, Dr, Steven Vickner, an assistant professor in […]

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‘This Is The Industry’s Infancy’: New Jersey Sportsbooks Handle $40.7 Million In July

New Jersey’s sportsbooks did not disappoint in their first full month of operation, increasing wagers dramatically in June while nearly doubling the number of open sportsbooks to five. Such an increase was to be expected and a sign of what lies ahead, according to analysts for PlayNJ.com. “Considering the rate at which sportsbooks are opening in […]

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Report: New Jersey Horsemen’s Group Owes $30 Million To Monmouth Park Management Firm

According to a report in the Asbury Park Press, the New Jersey Thoroughbred Horsemen’s Association, which operates Monmouth Park, owes $30 million to the company it hired to manage the racetrack. The debt to Darby Development LLC grew by $5 million in both 2015 and 2016, according to public records cited by the newspaper. Still, […]

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