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Massachusetts Sports Betting Probably Won’t Happen in Time for Football Season

When Massachusetts lawmakers recently approved a bill regulating sports betting, their hope was that operators could be licensed and online before the start of the 2022 football season. But their hopes have collided with reality and it appears that Boston bettors will have to wait until at least next season before placing their first legal…

Colorado Sports Betting Revenue Takes a Hit from Local Champions

While the people of Colorado were celebrating the Colorado Avalanche's recent Stanley Cup win, their local sportsbook operators were taking a major hit. That's because confident Coloradans cashed in futures bets on the hockey team that ultimately won the championship, and tanked operator revenue for June. According to a recent report from SBC Americas, Colorado…

Brazilian Sports Betting Market Rules Fall into Focus

As Brazil inches closer to the implementation of a regulated sports betting market, the Brazilian government agency tasked with regulating that market is clarifying its vision for that market. This week, the Secretariat of Evaluation, Planning, Energy and Lottery (SECAP) published a draft version of the regulatory scheme that will ultimately govern the market. The…