Industry
Connecticut Will Join Michigan in Sending Cease-and-Desist Letter to Bovada
Connecticut has announced that they will soon follow Michigan’s lead by issuing a cease-and-desist letter asking Bovada to shut down sportsbook operations in the state. Bovada will have a set amount of time to comply or risk facing further legal action.
Massachusetts Gaming Commission Votes to Hold Hearing over ESPN Bet Violation
The Massachusetts Gaming Commission has voted hold a hearing with ESPN and PENN over a March incident where an on-air personality promoted a bet as being a “risk-free investment.” This marks the second time a PENN sportsbook has committed this violation in Massachusetts.
More Details Are Released Around Jontay Porter Betting Scandal
The US Attorney’s office has released new details about their investigation into the Jontay Porter betting scandal. They included details and a motive for Porter’s plan, as well as the arrest of one of his key co-conspirators.
FanDuel and DSG Close to Deal for Regional Network Naming Rights
The Diamond Sports Group has announced that they are close to a new naming rights deal with FanDuel Sportsbook. The move comes as the group moves through bankruptcy and could save their floundering Bally’s Sports regional tv networks.
Padres Infielder Receives a Lifetime Ban for Betting on Baseball
Reports are that Padres infielder Tucupita Marcano us facing a lifetime ban for betting on games involving his team. The accusations center around his time with the Pirates last season, which was when sportsbooks first flagged his bets as suspicious.
Massachusetts Decides Against Tax Hike for Sports Betting Operators
Massachusetts has officially rejected a recent proposal that would have raised the tax rate for online sportsbooks from 20% to 51%. The increased rate would have tied them with New York for the highest in the country, despite having a smaller market.
Circa Sports Officially Launches Online Sportsbook in Kentucky
After months of preparation, Circa Sports has officially launched in Kentucky in partnership with Cumberland Run. They become the eighth online sportsbook to go live in the Bluegrass State, the fifth market their platform is available in.
Fanatics Online Sportsbook and Casino Go Live in New Jersey
After almost a year of planning, Fanatics online sportsbook and casino are now available in New Jersey. The new platforms will replace PointsBet, which is the final state where the Australian brand was still active.
Department of Interior Submits Brief Supporting Florida Gaming Compact
While online sports betting is live in Florida, the battle over the state’s gaming compact rages on. The DOI has submitted a brief with SCOTUS supporting the compact’s legality in response to a writ of certiorari from West Flagler Associates.
ESPN Bet Set to Become Official Sports Betting Partner of the PGA Championship
We are discussing the new partnership between the PGA and PENN Entertainment. The deal makes ESPN Bet the official sports betting partner for the PGA Championship, making the first major tournament to add an official sports betting sponsor.
Mississippi Committee Fails to Pass Sports Betting Resolution
House Bill 774 was up for review by both chambers, which had until 8:00 p.m. local time to file a report outlining a resolution. Officials met and negotiated with one another but could not agree upon the final terms of a compromise by the time the deadline hit, meaning that lawmakers are essentially back to square one.
Dave and Buster’s to Offer “Friendly” Betting on Arcade Games
The new era inspired by the rapid proliferation of legal sports betting was confirmed by an unlikely source on Tuesday: arcade and gaming company Dave and Buster’s. The family-friendly entertainment destination with more than 222 North American locations will soon allow visitors to place “friendly” bets on different machines.
Public Beat Books in NFL Draft 2024 as ROTY Betting Odds Take Shape
Sportsbooks regularly take huge losses during the annual seven-round selection of top college prospects by the 32 NFL franchises. That’s because it’s a time of year when sharps represent a larger portion of the betting population, along with the wide availability of information via reporting and months of preparation.
Alabama Conference Committee to Discuss Future of Sports Betting
The House approved two gaming bills in February that proposed legalizing seven casinos, retail and online sports betting, and a state lottery. Both bills then received major changes in a Senate committee, which removed all sports betting language from each of the proposals.
Sportsbooks Brace for Major Annual Losses During 2024 NFL Draft
As straightforward as that sounds, it can be quite controversial. Last year, a Reddit user posted a few days before the draft that University of Kentucky quarterback Will Levis had told his family that he was going to be taken by the Carolina Panthers with the first pick in the draft.
Nevada Casino Union Workers Key to 2024 Presidential Election
The Culinary Union, which represents 60,000 hotel and casino employees mostly based out of Las Vegas, is ready to help back incumbent president Joe Biden’s campaign against the 45th President Donald Trump, who is seeking to become the second president to serve two non-consecutive terms.
FanDuel Launches in Washington D.C. as Lone Sports Betting Operator
The move transitions the nation’s capital from its previous endeavor with Intralot’s maligned GambetDC product to the most frequented online sportsbook in America. All D.C. customers could access the FanDuel online and mobile betting app or use any of their betting kiosks at retail locations as of noon local time.
Raptors’ Jontay Porter Banned from NBA for Sports Betting Violations
According to a statement released by the league office, Porter bet on NBA games, shared privileged information with sports bettors, and limited his availability in at least one game for betting purposes. An investigation into Porter is still ongoing and could result in further charges.
Shohei Ohtani Defrauded $16 Million by Ex-Interpreter, Says DOJ
Mizuhara, 39, was originally believed to have stolen $4.5 million from his friend and longtime associate to pay off gambling debts to an illegal bookmaker based in California. However, a probe into the scandal led to the discovery of more than $16 million missing funds, the Department of Justice revealed Thursday.
Launch Date of First-Ever Retail ESPN Bet Sportsbook Confirmed
ESPN Bet already served as the Greektown casino’s online sports betting partner and found success doing so. The platform reported a $35.8 million handle and $2.1 million in revenue in Michigan in February, both of which were the fourth-highest totals for the month.
Caitlin Clark, Iowa-USC Championship Set All-Time Betting Records
FanDuel reported a 155 percent increase in the total betting handle and a 205 percent increase in ticket count compared to the 2023 national championship between Iowa and LSU, which was one of the biggest events in the sport’s history at the time.
Researcher Finds Link Between Sports Betting and Binge Drinking
Grubbs said that the research team did not explore the differences in drinking habits between sports bettors who frequent retail locations or who use online sports betting apps. However, he suggested that online sports bettors could be linked more heavily with unhealthy drinking standards.
American Legion Department of New Jersey Announces Casino Job Fair
The Senate Gaming Committee approved and advanced Rep Casey Eure’s Mississippi Mobile Sports Wagering Act (HB 774) to the Senate floor. The bill, which was approved by the House via a 97-134 vote two months ago, now has until the Senate adjourns on April 11 to receive full approval.
BetMGM Partners with Identity Security Company Prove Identity
Prove Pre-Fill will help remedy that issue and will also work to stop the abuse of promotional bonuses. Sportsbooks often offer special promo codes for first-time users to entice them to create an account, but these codes have been used multiple times by returning bettors in the face of their primary intention.
New York Sports Betting Market Flourishes During March Madness
March Madness earned its name through, well, the complete opposite of normality. While it’s normal for New York sports betting to produce eye-watering totals, the New York Gaming Commission (NYGC) reported a mammoth $539.6 million in total wagers on the week that ended on March 24.
Sports Betting Giants Team Up to Form Responsible Gambling Group ROGA
FanDuel, DraftKings, BetMGM, PENN Entertainment (ESPN Bet), Fanatics, Hard Rock, and bet365 will form the Responsible Online Gaming Association (ROGA) according to a Wednesday announcement. Part of their alliance will see them share insights and data for the first time.
Shohei Ohtani Breaks Silence, Denies Responsibility in Gambling Scandal
News first broke last week that funds from Ohtani’s account were used to pay seven figures to an illegal bookmaker. That came immediately after his representatives informed MLB that he was the victim of a “massive theft” which he asserts was orchestrated by Mizuhara.
Experts Say 20% of Students Are Gambling their Financial Aid Money
Ted Hartwell of the NCPG said that two-thirds of students who live on campus engage in sports betting. According to estimates from experts in the field, as many as 20% of students use financial aid to fund their betting habits, whereas that money should pay for books and classes.
Sports Betting Now Live in DraftKings Sportsbook at Wrigley Field
The new sportsbook will feature next to DraftKings’ retail betting parlor next to Wrigley on the corner of Addison Street and Sheffield Avenue. Customers will be treated to 32 betting kiosks and seven counters inside a 17,000-square-foot facility with 2,000 square feet of screens.
New York iGaming Excluded from Budget, Likely Off the Board in 2024
The New York Senate did not include iGaming in its budget proposal released on Monday evening. Sen. Joseph P. Addabbo Jr. (D-15) raised a proposal to legalize it earlier in the year, though he also said it would not progress if it wasn’t included in the budget.
Washington D.C. Switching Operators from GambetDC to FanDuel
D.C. Council member and chairman of the business and economic development committee, Kenyan R. McDuffie (I-At Large), said that the operator produced just over $4.3 million from the time it launched to the start of the new year, an underperformance of more than 95%.
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