Sports Betting Industry News Archives

Is Betting on Offshore Gambling Sites like Bovada Illegal from US?

Offshore Gambling from the U.S. Legal? Short answer is No and the long answer likely arrives at No as well. The risk? It’s up for you to decide. Read on to get the full story. Offshore betting operators have long been in operation since the advent of the internet, going as far back as 25 […]

Posted on: August 27, 2018 | | Sam Shefrin

Parx Casino to Open an Online Sportsbook in Pennsylvania

Pennsylvanians are excited to be one of the early states to allow legal sports betting. When the US Supreme Court ruled last May to eliminate the federal law that prohibited states from taking bets on games, the door was open. Betting online in the US is essentially legal from a federal perspective. Online betting in […]

Posted on: November 26, 2018 | | Sam Shefrin

Illinois Passes Sports Betting Bill SB690 Gives DraftKings & FanDuel a Timeout

Welcome to the Game Illinois Sports Bettors – Senate Bill 690 Opens a New Era in Illinois The wave of legal sports betting continued to roll across the US on Sunday. Illinois lawmakers sent Senate Bill 690 to Governor JB Pritzker’s desk for a signature. Pritzker has already indicated his intention to approve the legislation. […]

Posted on: June 4, 2019 | | Sam Shefrin

Complete Guide to Taxes on Gambling

Gambling Winnings Subject to Tax? With all sports betting, casino, poker, daily fantasy, and state lotteries, is the government entitled to a fair share? The most accurate answer is, you can bet on it. While that fair share might cause you to grumble under your breath, the fact is gambling winnings are taxed. Now, you […]

Posted on: December 6, 2018 | | Sam Shefrin

FanDuel Stock: A Look at FanDuel’s Financial History

Backyard Coffee Conversation to Billion Dollar Sportsbook – The Investment History of FanDuel FanDuel recently skyrocketed to the high mark in a month for sportsbook revenue in New Jersey. It’s amazing that FanDuel won’t turn 10-years old until later this summer. There have been ups and downs along the way, but FanDuel’s rise has fueled […]

Posted on: May 30, 2019 | | Sam Shefrin

Is FanDuel Legal?

FanDuel Strategy Course 101 Playing FanDuel Daily Fantasy Contests – Legal or Illegal? Fantasy sports leagues have been around for quite a few years now. There is a difference between the traditional season-long leagues and daily fantasy sports (DFS). However, the DFS concept has exploded in popularity over the last few years. One of the […]

Posted on: May 16, 2019 | | Sam Shefrin

DraftKings Launches Basketball Brotherhood Contest Presented by NETFLIX

Get Ready to Heist Some of the Prize Pool in DraftKing’s Basketball Brotherhood Free-Play DraftKings continually shows their appreciation for the more than 10 million fans they have gained as a leader in daily fantasy sports. DFS enthusiasts can play any of the hundreds of contests with entry fees, but no one should miss out […]

Posted on: February 28, 2019 | | Sam Shefrin

DraftKings King of the Pitch Promotion

Get Your Kicks with the Right Picks in Draft King’s King of the Pitch On May 12, Draft Kings soccer fantasy fanatics will compete for a $25,000 top prize. The total prize pool for the King of the Pitch final will be $150,000. All 100 spots will win cash, with finishers 76 through 100 winning […]

Posted on: February 19, 2019 | | Sam Shefrin

Sports Betting Industry News

Is Betting on Offshore Gambling Sites like Bovada Illegal from US?

Parx Casino to Open an Online Sportsbook in Pennsylvania

Illinois Passes Sports Betting Bill SB690 Gives DraftKings & FanDuel a Timeout

Complete Guide to Taxes on Gambling

FanDuel Stock: A Look at FanDuel’s Financial History

Is FanDuel Legal?

DraftKings Launches Basketball Brotherhood Contest Presented by NETFLIX

DraftKings King of the Pitch Promotion

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