SportsHandle: the week that was in US sports betting

SportsHandle and friends deliver another round-up of the week’s big developments in US sports betting
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SportsHandle and friends deliver another round-up of the week’s big developments in US sports betting.

Premier League Teams Vote To End Front-Of-Jersey Sportsbook Sponsorships

Premier League teams Thursday agreed to end sponsorship deals with sportsbooks for the front of their jerseys, a move widely expected with the impending release of the UK government’s “White Paper.”

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Monthly Stock Watch: Sports Betting Stocks Remain Flat Despite March Madness

After enduring an 18-month roller coaster of extreme volatility, top sports betting stocks took a pause in March.

Despite March Madness, the largest multi-week event on the annual sports wagering calendar, top names in the space largely remained flat in the third month of 2023. DraftKings closed March at $19.36, increasing by a modest 2.5%. But had the month ended one day earlier, DraftKings would have posted fractional gains of a mere 3 cents on the month.

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Kentucky Sports Betting By NFL Season? State Officials Aren’t Saying

When Kentucky on March 31 became the first state in 2023 to legalize sports betting, the clock started ticking. And less than two weeks later, politicians are already using sports betting as a political football and pointing to what could be unreasonable launch dates.

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American Gaming Association Hits Wrong Note In Response To Hit Piece

Back on March 27, The Hill published an opinion piece by Sheldon H. Jacobson, Ph.D., a computer science professor at the University of Illinois Urbana-Champaign.

The title of the piece, “Will online sports gambling kill America,” seemed … just a bit outside.

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New York Operators Notch Record Monthly Revenue Total In March

The New York State Gaming Commission reported $163.6 million in adjusted sports wagering gross revenue in March on Monday, an all-time monthly high for the Empire State.

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