Industry

Mobile Betting

Encore Boston Harbor Fined $40,000 for Accepting Illegal College Sports Bets

Grant MitchellBy: Grant Mitchell
Encore Boston Harbor was fined $40,000 by the Massachusetts Gaming Commission (MGC) for allowing users to place bets on Boston College women’s basketball last year. That was the second time since July the casino was fined for the same infraction.
02/27/2024
Industry
USA Legal Betting

Fanatics Now Live in 13 States Following Michigan Launch

Grant MitchellBy: Grant Mitchell
The company purchased PointsBet’s North American assets, including licenses, last year. As the license transfers were processed and the company was approved for launch, it's been able to slowly expand its reach across the country.
02/26/2024
Industry
USA Legal Betting

North Carolina Ramps Up Preparations for Online Sports Betting

Grant MitchellBy: Grant Mitchell
“We are continuing to make significant strides towards putting all the different pieces together and being prepared for the successful launch of sports and pari-mutuel wagering on March 11, which is not that far off,” North Carolina Lottery Commission Chair Ripley Rand said during a Wednesday meeting. 
02/23/2024
Industry
USA Legal Betting

American Gaming Generates $66.5B in 2023 Revenue, $10.9B from Sports Betting

Grant MitchellBy: Grant Mitchell
The training wheels are completely off of the American gambling market. Although casinos have been legal for years, the rise of sports betting has brought the prevalence of all forms of gambling to the forefront of many Americans’ lives.
02/22/2024
Industry
Mobile Betting

Drake Loses $250k Betting an Underdog NCAA Tournament Final Four Parlay

Grant MitchellBy: Grant Mitchell
The bet would have paid just under $1.6 million if it cashed, but it ultimately did not. Nobody ever accused the “Her Loss” hitmaker of being the best on the books, even if he is a beast on the boards.
02/21/2024
News
USA Legal Betting

Ohio Sports Betting Market Benefitting from Cincinnati Bengals’ Success

Grant MitchellBy: Grant Mitchell
Having opened for business less than a month ago, sportsbooks are capitalizing on the Bengals’ good fortune in the NFL playoffs. If they beat the Kansas City Chiefs this weekend, they will advance to play in their second straight Super Bowl…
02/21/2024
News
USA Legal Betting

Jim “Mattress Mack” McIngvale Casts Doubt Over Future of Texas Sports Betting

Grant MitchellBy: Grant Mitchell
McIngvale said to gambling.com that he “seriously” doubts the Texas legislature will reverse its long-standing opposition toward sports betting and gambling as a whole, even despite his propensity to place million-dollar bets and love for sports wagering.
02/19/2024
Industry
USA Legal Betting

Massachusetts Delays DraftKings’ Hearing After New Evidence Unearthed

Grant MitchellBy: Grant Mitchell
The meeting was set to discuss DraftKings illegally allowing customers to deposit funds into their accounts through the use of credit cards, which is illegal according to the state’s gaming laws. Users were able to deposit funds via credit card from March 10, 2023, through July 13, 2023.
02/15/2024
Industry
Mobile Betting

PENN, ESPN Bet Buy WynnBET’s New York License for $25 Million

Grant MitchellBy: Grant Mitchell
PENN announced Tuesday that it acquired the sports betting operator’s license awarded to WynnBET in 2021 for $25 million. The deal means that WynnBET can no longer offer betting odds and services in New York, while ESPN Bet now has access to its 18th state in its first six months of operation.
02/14/2024
Industry
Football news

Pro Bettors Fall Flat and Public Triumphs Again as Chiefs Win Super Bowl 58 

Grant MitchellBy: Grant Mitchell
During the final countdown to kick-off, a few more six and seven-figure bets were reported by major sportsbooks. At least six million-dollar bets were made on the Niners and one on the Chiefs, according to industry expert Ben Fawkes’ reporting.
02/13/2024
Industry