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
NFL News

Sportsbooks Suffer During Divisional Round Despite Bad Beats and Close Losses

Grant MitchellBy: Grant Mitchell
The Kansas City Chiefs, Baltimore Ravens, Detroit Lions, and San Francisco 49ers all booked their tickets into the next round and will compete in their respective conference championship games this weekend. But while those four won big, legal sportsbooks found themselves on the losing side of most markets.
01/22/2024
Industry
USA Legal Betting

ESPN Bet Flourishes in Massachusetts During Record-Setting Month

Grant MitchellBy: Grant Mitchell
ESPN Bet launched in late 2023 with the goal of acquiring a 10% market share and challenging the “Big Four” operators within the first three years of operation. After one full month in Massachusetts, the new legal sports betting platform is already one of the top three operators.
01/19/2024
Industry
Football news

Sportsbooks Win Big Thanks to Packers, Texans Wild Card Upsets in NFL Playoffs

Grant MitchellBy: Grant Mitchell
The expectation is that the increase in bets will continue through the Super Bowl, which the American Gaming Association estimated last year produced over $16 billion in bets from 50 million Americans. If future results match last weekend’s, it will be a profitable year for the books.
01/16/2024
Industry