Happy Monday, everyone. This is an important week for sports betting news as multiple big operators will report third-quarter results.<\/p>\n
As for last weeks news, the LSR Podcast is the perfect place to start for updates on New York sportsbooks, the minimum hold requirement in Tennessee and more.<\/p>\n
Make sure to follow @LSPReport on Twitter for updates on this weeks earnings calls and more.<\/p>\n
There are multiple conference calls this week that cannot be missed for anyone interested in US sports betting (all times Eastern:)<\/p>\n
Marylands Sports Wagering Application Review Commissionwill meetat 10 am Thursday. On the agenda is the second set of approvals for five retail casino sportsbooks.<\/p>\n
Hopefully there will be some clarification on what kind of timeline mobile MD sportsbooks will face before launching. One source told LSR the process is a mess that could delay launch until the 2022 NFL season.<\/p>\n
Retail sportsbooks are expected to open this year.<\/p>\n
Sports betting in Florida might be held up by lawsuits but the Seminole Indians are still working hard behind the scenes.<\/p>\n
The tribe announced five pari-mutuel partners that will market its mobile Hard Rock Sportsbook.<\/p>\n
The pari-mutuels will get 60% of the profits from customers they bring onto the app.<\/p>\n
Nevada sportsbooks are alive and well despite the US expansion with a record $786.5 million in bets for September.<\/p>\n
Colorado sportsbooks, meanwhile, reported $408.3 million in September handle, which was nearly double its handle for September 2020.<\/p>\n
That growth in Colorado did not come cheaply, though. While operators reported $22.7 million in sports betting revenue, they deducted nearly $21 million in promotional spending.<\/p>\n
Seventeen of the jurisdictions operating sports betting last September have reported with Illinois sportsbooks the only holdout. The majority of states reported handle growth of more than 30%:<\/p>\n
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Here is the original post: <\/p>\n
The Week In Sports Betting News: Operator Conference Calls On Deck - Legal Sports Report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Happy Monday, everyone. Continue reading