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Ryan Butler

Ryan Butler - Senior News Analyst at Covers.com

Ryan Butler

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Senior News Analyst
Senior News Analyst
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Ryan is a Senior Editor at Covers reporting on gaming industry legislative, regulatory, corporate, and financial news. He has reported on gaming since the Supreme Court struck down the federal sports wagering ban in 2018. His work has been cited by the New York Daily News, Chicago Tribune, Miami Herald, and dozens of other publications. He is a frequent guest on podcasts, radio programs, and television shows across the US. Based in Tampa, Ryan graduated from the University of Florida with a major in Journalism and a minor in Sport Management. The Associated Press Sports Editors Association recognized him for his coverage of the 2019 Colorado sports betting ballot referendum as well as his contributions to a first-anniversary retrospective on the aftermath of the federal wagering ban repeal. Before reporting on gaming, Ryan was a sports and political journalist in Florida and Virginia. He covered Vice Presidential nominee Tim Kaine and the rest of the Virginia Congressional delegation during the 2016 election cycle. He also worked as Sports Editor of the Chiefland (Fla.) Citizen and Digital Editor for the Sarasota (Fla.) Observer.

Favorites
Team: Florida Gators (football, basketball and everything else)
Sport to bet on: Football
Sports movie: Remember the Titans
Sports snack: Chips and Dip
Covers feature: News coverage
Largest bet of my life hitting: Pregame Tampa Bay Lightning -1.5 over Colorado Avalanche in 2022 Stanley Cup Finals Game 3 hit even after the Lightning gave up the first goal.
Best Betting Memory Icon Best Betting Memory
Losing a six-leg +1000 single-game parlay in the 2024 NFL Divisional Round between Kansas City and Buffalo by one leg: James Cook rushing yards Over. Cook missed the Over 61.5 yards prop – after entering the fourth quarter with 67 yards.
Best Betting Memory Icon Worst Beat

2024 AGA Report Underscores Legal Sports Betting Market Growth

Feb 20, 2025 • 4:16 PM ET

The regulated gaming industry hit another all-time high in 2024, fueled by continued growth from legal sportsbooks.

AGA Lauds Trump Administration, Reiterates Push Against Unlicensed Gaming

Feb 19, 2025 • 2:43 PM ET

America's top gaming industry advocacy group remained optimistic about working with the second Trump Administration to reach its major policy goals.

Missouri Online Sports Betting on Pace for June Launch

Feb 18, 2025 • 5:54 PM ET

The Show Me State's first online sportsbooks could take bets before the 4th of July 2025.

DraftKings Shifts Focus to Live Betting

Feb 14, 2025 • 2:20 PM ET

DraftKings grew its structural sports betting percentage each of the past four years. It’s looking to new live betting options to help hit a new record in 2025.

DraftKings Latest US Sportsbook to Suffer Strong Fall From Betting Public

Feb 13, 2025 • 5:44 PM ET

DraftKings lost more than $100 million from U.S. sports bettors during the last three months of 2024 in what the company called the best quarter for NFL bettors in at least 40 years.

Minnesota Sports Betting Bill Fails to Advance

Feb 13, 2025 • 3:51 PM ET

Minnesota's sports betting bill now sits in legislative limbo. It may not have the political momentum to be reconsidered.

MGM Earnings Underscore Incredible Q4 for Betting Public

Feb 12, 2025 • 6:44 PM ET

The latest major corporate earnings report reaffirms that the 2024 football season was one of the best ever for the American betting public

TransUnion Study Reaffirms Sports Betting 2024 Participation Growth

Feb 11, 2025 • 5:20 PM ET

Another survey backs Covers' analysis showing growing US sports betting participation centered around higher-income Americans.

Heads or Tails? A Behind-the-Scenes Look at the Super Bowl Coin

Feb 9, 2025 • 7:43 PM ET

Gamblers will bet millions on the Super Bowl kickoff coin toss. Few consider the coin itself.

View from the Truck: An Inside Look at Producing Super Bowl LIX

Feb 7, 2025 • 3:40 PM ET

The Super Bowl is the most-watched sporting event in America each year. Here's a behind-the-scenes look at what makes it possible.

The True State of US Sports Betting (Part V): Legal Sportsbooks Offer Protections Against Corruption

Feb 6, 2025 • 6:00 AM ET

The rise of sports betting has led many to question its role in high-profile scandals. These discoveries are a testament to the regulated industry's success.

Monthly Gaming Stock Update: DraftKings Gains on Mixed Month Overall

Feb 3, 2025 • 3:51 PM ET

One of the United States' two largest sportsbooks had a strong start to 2025. The rest of the industry’s fortunes varied widely.

The True State of US Sports Betting (Part II): The Average Sports Bettor Gambles Infrequently

Feb 3, 2025 • 12:00 PM ET

Covers senior news analysts Ryan Butler and Geoff Zochodne separate fact from fiction when it comes to the impact legalized sports betting has on the general public. Part II examines the average American sports bettor.

The True State of US Sports Betting (Part I): Negative Effects of Gambling Legalization Overblown

Feb 3, 2025 • 6:00 AM ET

The legal sports betting industry has come under attack of late. Covers senior news analysts Ryan Butler and Geoff Zochodne separate fact from fiction when it comes to the impact legalized sports betting has on the general public.

Florida Sports Betting, Commercial Casino Hopes Survive – For Now

Jan 27, 2025 • 3:50 PM ET

The slim chance that Florida makes a sizable commercial gambling expansion remained after lawmakers temporarily rejected a proposal that would have made approving any new commercial casinos or mobile sportsbooks logistically impossible.

Latest New York Online Casino Gaming Proposal Still Faces Long Odds

Jan 22, 2025 • 1:12 PM ET

The first step in creating what would be the nation's most lucrative online casino gambling market was introduced this week. There remains a long way to go before legalization.

Virginia Online Casino Legalization Hopes Pushed Until at Least 2026

Jan 21, 2025 • 3:16 PM ET

A 2025 iGaming legalization candidate has already seen its efforts defeated.

Vermont Tax Revenue Reflects Sports Bettors’ Winning Fall

Jan 17, 2025 • 4:48 PM ET

The state's recalibrated tax projections are just the latest sign of a strong final three months of 2024 for American bettors.

Minnesota Sports Betting Further Complicated by Legislature Uncertainty

Jan 16, 2025 • 3:41 PM ET

Minnesota sports betting legalization won't come easily. A legislature that can't agree to convene doesn't simplify this effort.

Indiana Online Casino Bill Faces Significant Political Challenges

Jan 15, 2025 • 4:52 PM ET

Indiana will again consider legalizing online casino gaming. It still faces a long legislative journey.

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