Industry
Shohei Ohtani Breaks Silence, Denies Responsibility in Gambling Scandal
By: Grant MitchellNews 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.
03/26/2024
IndustryExperts Say 20% of Students Are Gambling their Financial Aid Money
By: Grant MitchellTed 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.
03/19/2024
IndustrySports Betting Now Live in DraftKings Sportsbook at Wrigley Field
By: Grant MitchellThe 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.
03/18/2024
IndustryNew York iGaming Excluded from Budget, Likely Off the Board in 2024
By: Grant MitchellThe 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.
03/13/2024
IndustryWashington D.C. Switching Operators from GambetDC to FanDuel
By: Grant MitchellD.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%.
03/12/2024
IndustryNorth Carolina Launches Online Sports Betting With Eight Sportsbooks
By: Grant MitchellThe state opened with eight sportsbooks that are available to customers 21 or older anywhere inside state lines. This was after the sportsbooks were granted a 10-day window to pre-register customers, during which they could receive a variety of prizes that were boosted compared to traditional sign-up offers.
03/11/2024
IndustryStudy: Strict Sports Betting Regulations Lead to Higher Illegal Activity
By: Grant MitchellAs Ali’s statement suggests, many politicians concede a variety of restrictions, such as betting on in-state colleges and universities, to control local gambling markets. However, the recent findings show that may be detrimental to the long-term safety of American gamblers.
03/07/2024
LegalMattress Mack Bets $1 Million on Houston to Win March Madness
By: Grant MitchellThe bet was placed at Caesars Sportsbook for +750 odds, meaning that the longtime Texas resident will win $7.5 million if his hometown team can successfully navigate the single-elimination 64-team bracket. They are second or third in odds at most legal sportsbooks at the time of writing.
03/05/2024
IndustryGeorgia Senate Advances Sports Betting Bill to the State House
By: Grant MitchellState Senators on Tuesday approved a constitutional amendment that would allow voters to decide the fate of sports betting at the November ballot. That came just one week after the Georgia Senate Economic Development and Tourism Committee advanced it in hopes of bringing sports betting to the eighth-most populated state.
02/29/2024
LegalSnoop Dogg Joins Forces With Cryptocurrency Gaming Platform Roobet
By: Grant MitchellRoobet launched in 2019 as a division of Raw Entertainment B.V. Part of its goal is to be an innovator in gaming as it expands into the world of cryptocurrency amid the development of Web3.
02/29/2024
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