NCAA President Confirms 175 Sports Betting Violations Since 2018, 17 Open CasesBy: Grant Mitchell
In addition to the 175 violations, Baker said that roughly 0.25% of the NCAA’s estimated 13,000 sporting events were flagged for suspicious betting activity, and that “a much smaller percentage have specific, actionable information.”
The Top Sports Betting Operators Are Only Gaining Power Over CompetitorsBy: Grant Mitchell
America’s top two operators are responsible for roughly three-fourths of the entire online betting handle, according to investment banking firm Jefferies. BetMGM is next in line with 9%, which is still a fair distance behind FanDuel (45%) and DraftKings (30%). Caesars, the fourth of the “Big Four” operators, is around 6%.
LIV Golf Partners With Simplebet to Deliver Micro-Betting on GolfBy: Grant Mitchell
The new partnership will see the pair join forces to provide micro-betting services to golf bettors, such as whether the next drive will land in the fairway or rough, or if a golfer will make their next putt. Simplebet will disseminate real-time data and information to legal U.S. sportsbooks to give players up-to-the-second betting access.
More Details On Illegal Betting Scandal Involving Alabama Baseball ReleasedBy: Grant Mitchell
According to Sports Illustrated, Bert Eugene Neff Jr., a friend of ex-Bama coach Brad Bohannon, attempted to wager more than $100,000 that eventual national champion LSU would beat the Crimson Tide. Employees at the BetMGM Sportsbook at Great American Ballpark in Cincinnati, Ohio blocked the wager.
Native Casino Employee Ignored, Left to Die in Jail During Fentanyl DetoxBy: Grant Mitchell
The family of the deceased, whose name is Dwan White Owl, is requisitioning an explanation as to why the woman, was ignored during the come-down from her fentanyl high. The woman was also placed in the same cell as her daughter, Danitra Warpaint, who said that she requested medical assistance from the moment they arrived at the prison.
Company that Solicited Chicago Casino Bids Stood to Gain from Bally’sBy: Grant Mitchell
However, it recently came to light that Nomura Securities International—the company that helped Mayor Lori Lightfoot solicit licensees for the project—had a serious financial incentive to select Bally’s thereby muddying the license awarding process, according to a Chicago Sun-Times investigation.
Chicago Cubs, DraftKings Opening Sportsbook at Wrigley Field Next WeekBy: Grant Mitchell
The Cubs and the sports betting giant initially signed a $100 million partnership in September 2020, at which time plans for a future sportsbook were circulated. Although it took years for the idea to coalesce, the Cubs were the first team to announce its intent to construct a sportsbook connected to their home field.
Sports Gambling Growing as Sports Betting, DFS Becoming More NuancedBy: Grant Mitchell
A bevy of research led to the revelation of key bits of information at the FSGA Summer Conference in Cleveland, Ohio last week. Among the important notes were that sports gamblers are becoming increasingly selective with their betting channels, offshore sportsbooks are declining, and online sportsbooks are dominating.
Churchill Downs Relocates Upcoming Races Following Deaths of 12 HorsesBy: Grant Mitchell
Known as the venue of the legendary Kentucky Derby, Churchill Downs has suspended all events so that it can review safety features and procedures. The remainder of the Spring Meet, which had been held at Churchill Downs and does not conclude until July 3, has been moved to Ellis Park Racing & Gaming in Henderson.
Las Vegas Sands Approved for 99-Year Lease Around Nassau Coliseum SiteBy: Grant Mitchell
The project will see the completion of a casino, hotel, and entertainment venue on Nassau Coliseum in Uniondale’s 72 acres of space. The development will occur around the Coliseum, which is a multi-purpose arena that is situated just about seven miles east of Queens, a borough of New York City.