The Stars Group (TSG) is planning to invest big in online betting and it has signed an agreement of $4.7 billion deal to acquire UK firm Sky Betting & Gaming.

The effort to legalize sports betting in Maryland via a referendum received a setback as the legislature wrapped up its session on Monday without sending the bill to the governor.

RotoQL, a sports data developing company announced $3 million seed round marking its total raise to $4.7 million. It would use the money for sport betting products.

The NFL Commissioner, Roger Goodell talked about the prospects of sports betting in the United States during a press conference at the league owners meeting on Wednesday.

The Maryland House has passed the sports betting bill by a substantial margin of 124-4. It is the second state to pass the bill in 2018.

A bill to legalize sports wagering in the State of New York was introduced in the senate of New York on Wednesday. Senator John Bonacic, chair of Senate Racing, Gaming and Wagering Committee introduced the bill in the senate.

The Commissioner of Major League Baseball has said that he would urge the governor of West Virginia to veto the sports betting bill and has called the bill to be fundamentally flawed.

The Senators of West Virginia passed the sports wagering bill with a majority of them voting in favour of the Senate Bill 415 which legalizes sports betting in the state.

Smarkets Ltd., a British firm plans to invest about $5 millions in creating a traditional sportsbook to entice the sports gamblers in the US once sports wagering gets legalized.

Senate Finance Committee talked about the prospects of legalizing sports betting in West Virginia. Lottery Commission attorney Danielle Boyd believes that this move would help West Virginia generate revenues.

NBA and MLB have opposed the Iowa sports betting house bill which aims to legalize sports betting. The sports league are opposing the bill as the states are not ready to give them a cut of actions as 'integrity fee'.

West Virginia is also brainstorming to pass a legislation which could make sports wagering in West Virginia legal. It is of the belief that legalizing sport wagering could possibly bring revenues to the state and would help in structuring the economy.

Officials of State of Kansas have proposed a bill which seeks to legalize sports wagering within its boundaries. Officials of Kansas think the passing of this bill would improve the economy of Kansas, create more jobs and generate more revenues.

Realizing the potential of the sports wagering, Verizon Communications is planning to enter the multibillion-dollar market to expand its business.

Governor of Rhode Island, Gina Raimondo unveiled her state budget plans for the year of 2018-19 stating her plans for legalizing sports betting.

Reports suggest- 55 per cent of Americans support legalizing sports betting. US Supreme Court is expected to give its verdict on the case this year. Many states find sport betting industry an alternate method to generate revenues and are backing this move.

The lawmakers of Illinois are likely to discuss for putting sports betting on the table. At present, it is illegal in this state.

A Chatham based punter has won over half a million dollars with football picks through the OLG's sports-betting game POOLS. The winner predicted the results of 15 football fixtures to win the windfall.

An Indiana lawmaker, Republican Alan Morrison, made it public that he will lead the legislation to legalize sports betting in Indiana.

A punter from Norwich has won an incredible bet with the odds of 9,385/1 to win £23,500. The 27-year-old football enthusiast took to twitter to announce the windfall.