Industry

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
NFL News

Super Bowl Round-Up: Sharps Favor the Niners Ahead of Record-Setting Event

Grant MitchellBy: Grant Mitchell
The American Gaming Association estimated that roughly one in four American adults will wager a combined $23.1 billion on the NFL’s championship showdown between the San Francisco 49ers and the Kansas City Chiefs. With those lofty expectations, it’s important to understand the rules and trends of Super Bowl betting.
02/09/2024
Industry
NFL News

AGA Predicts Record 68 Million Americans Will Bet on Super Bowl LVIII 

Grant MitchellBy: Grant Mitchell
According to the American Gaming Association (AGA), an estimated 68 million Americans, just about one-fourth of the national adult population, plan to bet on Super Bowl LVIII between the San Francisco 49ers and the Kansas City Chiefs. That’s well above the record of more than 50 million estimated before the last Super Bowl.
02/08/2024
Industry
Draftkings

Even GOATs are Sports Betting: LeBron James Partners with DraftKings

Grant MitchellBy: Grant Mitchell
LeBron, an outspoken fan of NFL action, announced Wednesday that he agreed to a partnership deal with DraftKings that will see him endorse the company and share his favorite NFL betting picks ahead of Sunday kick-offs, along with college football and other non-basketball sports.
02/01/2024
Industry
Football news

Ravens, Lions Sharps Lose as Super Bowl Betting Lines Swings Toward KC

Grant MitchellBy: Grant Mitchell
The Chiefs, last year’s Super Bowl champions, upset the Baltimore Ravens earlier in the day much to the chagrin of many “sharp” bettors, leaving them with massive losses. Meanwhile, the Niners used a 17-point second-half comeback against the Detroit Lions to secure their spot in the NFL’s championship event.
01/29/2024
Industry
Football news

Barstool, DraftKings in “Advanced Negotiations” Over Partnership Deal

Grant MitchellBy: Grant Mitchell
Reports indicate that a potential partnership would not see Barstool branding its name on a mobile sportsbook or betting platform. Instead, the company would endorse DraftKings odds and have a sign-up and referral affiliate bonus.
01/25/2024
Industry
USA Legal Betting

Jake Paul’s Betr Obtains Licensing in Pennsylvania, Colorado, and Kentucky

Grant MitchellBy: Grant Mitchell
Betr revealed it secured licensing to join the Pennsylvania online sports betting and iGaming market, along with the Colorado and Kentucky sports betting markets. The iGaming agreement is so that the platform can unveil its casino product, which it will debut thanks to a partnership with Cordish Gaming Group.
01/24/2024
Industry