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SPORTS BETTING NEWSWIRES
The latest sports betting industry news and updates.
As the battle for a share of the legal sports betting market in the US heats up, European brands like Betway continue with their expansion even in states that are yet to have a legislature through commercial partnerships with professional teams. On Friday, the company added the Dallas Mavericks to their growing list of deals with NBA teams after a multi-year agreement was announced between both parties.
The state of Louisiana had been on a fast track toward sports betting legalization in 55 of 64 of the state’s parishes. Since those parishes voted “Yes” on sports betting for their area on the 2020 US election ballot, regulations have been drawn, providers have been put in place and partnership agreements have blossomed between mobile providers and existing retail casinos in the state.
It wasn’t too hard to predict a major surge in legal sports betting when the calendar hit September. Nor was it unreasonable to think that participating US legal sports betting jurisdictions would be smashing monthly handle records before the end of 2021.
The state of Connecticut will be the next to go forward with an online legal sports betting platform. Sports betting legalization by the Connecticut state legislature actually happened last May but retail wagering just went into effect on September 30 with Foxwoods Resort.
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Bettors can compare information on all sportsbooks using BMR – the good, bad, and ugly ones, which is why it is essential to use resources like the sportsbook rating guide, where sportsbooks are listed from A+ to F.
Sportsbooks that are blacklisted — sportsbooks rated from D- to F — display a prominent “avoid” icon on the rating guide so that players understand the risk associated with these companies.
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