Adam Candee, Legal Sports Report

Adam Candee

Legal Sports Report

Las Vegas, NV, United States

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  • Legal Sports Report

Recent articles by Adam:

LSR Q+A: Can Circa Sports Win In Tough Colorado Sports Betting Market?

Circa Sports launches its Colorado sports betting app today, its first move outside Las Vegas. Owner Derek Stevens is a significant bettor himself. → Read More

The DraftKings Stock Offering Just Grew Even Larger

Remember when DraftKings upsized its stock offering last week? A total of 46 million shares of DraftKings stock were purchased Tuesday. → Read More

What Revived Georgia Sports Betting Bill's Prospects?

Legislators revived a dormant Georgia sports betting bill Friday as the state wrestles with pandemic-induced budget issues. → Read More

Who's Cashing Out In New DraftKings Stock Offering?

The company announced an offer 14 million new Class A shares and 19 million redistributed Class A DraftKings stock after the close of markets Tuesday. → Read More

PA Sports Betting Operators Weathering Last Days Before Sports Return

No one will mistake $78 million in PA sports betting handle for a traditionally good month.In the current environment but pro sports are nearly back. → Read More

NJ Sports Betting Handle Clears A Bar But Misses The High One

Doubling handle from the previous month normally shows market strength but May's NJ sports betting totals present the outlier case. → Read More

Hold The Phone: Illinois Sports Betting Still Waiting For Mobile

Seven casinos received master licenses Thursday to run Illinois sports betting operations, but mobile wagering remains on hold. → Read More

Disney Holds Millions Of DraftKings Shares Following Public Listing

The Walt Disney Company owns more than 18.2 million shares of DraftKings stock after the operator's merger with SBTech and listing on Nasdaq last week. → Read More

Another Yes Appears Likely For Amended Virginia Sports Betting Bill

Virginia sports betting should get another stamp of approval from state legislators Wednesday, according to a bill sponsor. → Read More

How Virginia Sports Betting License Fees Could Soar On Northam Ask

Gov. Ralph Northam kicked the Virginia sports betting bill back to legislators with suggested amendments last week, one of which would boost license fees. → Read More

Colorado Sports Betting Options Grow With SuperBook's First Expansion

SuperBook announced Monday it will partner with The Lodge Casino in Black Hawk to enter the Colorado sports betting market. → Read More

South Dakota Sports Betting Passes First Test In Comeback Attempt

The state legislature appears inclined to give it another go on a South Dakota sports betting bill. The Senate passed Tuesday SJR 501 by a 24-10 margin. → Read More

Virginia Sports Betting Bill Appears Friendly To Mystery Pro Team

A lone paragraph in a 15-page Virginia sports betting bill substitute is raising questions about the influence of pro leagues. → Read More

Native American Tribes File California Sports Betting Ballot Measure

A coalition of Native American tribes filed on Wednesday a ballot measure to legalize California sports betting via a constitutional amendment. → Read More

Sitting Down With Fox Bet CEO Robin Chhabra To Talk US Sports Betting

Fox Bet made one of the year's biggest US sports betting splashes through its partnership with The Stars Group. CEO Robin Chhabra talked about it with LSR. → Read More

Here Comes Mobile RI Sports Betting But Is It Here To Stay?

Today could bring the end of a long wait for mobile RI sports betting but a lawsuit to prevent Rhode Island from going mobile might stop it. → Read More

DraftKings Launch In WV Sports Betting Sets Up Head-To-Head Battle

On the surface, the DraftKings Sportsbook launch in WV sports betting is just one of many. Its battle with FanDuel Sportsbook makes it more interesting. → Read More

Is DraftKings Still Planning To Buy SBTech After Kambi Deal?

Kambi announced early Thursday an extension of its New Jersey sports betting contract with DraftKings Sportsbook, as well as a major expansion. → Read More

FanDuel Sportsbook, DraftKings Sportsbook Prep WV Sports Betting Apps

After months without a mobile sports betting option, West Virginia will welcome industry heavies DraftKings Sportsbook and FanDuel Sportsbook by next week. → Read More

NJ Sports Betting Soft Launch Under Way For theScore

After receiving regulatory approval, theScore will launch its NJ sports betting app with "a select group of sports bettors." → Read More