Snoop Dogg Joins Forces With Cryptocurrency Gaming Platform RoobetBy: Grant Mitchell
Roobet 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.
Ohio Becomes Fifth State With Sports Betting Handle Above $1 BillionBy: Grant Mitchell
The Ohio Casino Control Commission (OCCC) revealed the final figures Tuesday. In addition to the massive handle, sportsbooks combined to earn $208.9 million in revenue. The 16 online operators produced $205 million of that total, compared to $3.2 million in revenue at 14 local sportsbooks.
New York Commission Approves Tighter Sports Betting Advertising RegulationsBy: Grant Mitchell
Following a series of legislative proposals, discussions, and analyses of the market, the Big Apple is enforcing restrictions on advertising to underage persons and college students. The rule change received unanimous approval and is just another instance in a series of advertising regulations.
Drake Forfeits $400k as Jake Paul Loses Boxing Match to Tommy FuryBy: Grant Mitchell
Paul entered the fight with a 6-0 professional record, which included wins over MMA stars Tyron Woodley, Ben Askren, and most recently, Anderson Silva. He was a small favorite in sportsbooks but a large favorite in pre-fight trash talk to defeat Fury, the younger half-brother of heavyweight champion Tyson Fury.
Professional Sports Teams Try Again for Legal Sports Betting in MissouriBy: Grant Mitchell
Among the attendees were St. Louis Cardinals President Bill DeWitt III, who has been an outspoken supporter of many failed movements to legalize sports betting in The Show-Me State. He encouraged senators to combine parts from the bills in a massive overhaul to the gaming ecosystem.
March Madness Betting Rocked Markets Last Year, What’s to Come this Time?By: Grant Mitchell
The 68-team bracket will be unveiled on “Selection Sunday” March 12, and the games begin on March 14. The American Gaming Association’s pre-tournament estimates before last year’s tournament suggested that over $3.1 billion in wagers would be placed, and that figure is expected to rise again this year.
Las Vegas Gaming Companies Represented on Annual List of Most Overpaid CEOsBy: Grant Mitchell
Members of Penn Entertainment, Las Vegas Sands, Caesars, and Wynn were all named four of the most overpaid members of the gaming industry. Penn Entertainment CEO Jay A. Snowden had the highest ranking of the bunch (third) and was paid just under $66 million, compared to average employee salaries of $33,930.
Georgia Policymakers Look to Legalize Sports Betting Without Usual VoteBy: Grant Mitchell
State constitutional amendments require the aforementioned two-thirds vote. However, the officials in question are pushing bills in both chambers of congress that would create a legal sports betting market by statute. This only requires a majority vote instead of the full two-thirds support.
Drake Drops $1 Million on Chiefs to Win Super Bowl, Kelce MVP, and MoreBy: Grant Mitchell
In a post shared on his Instagram, he revealed his “psychotic” bets that could win a total of over $4.5 million. Among his many bets, he is riding with Patrick Mahomes and the Kansas City Chiefs to defeat the Philadelphia Eagles and secure their second Super Bowl in four years.
Super Bowl LVII Betting Expected to Produce Another Record Betting HandleBy: Grant Mitchell
The Kansas City Chiefs and Philadelphia Eagles head into what should be an ultra-competitive Super Bowl LVII as the top seeds from their respective conferences. More importantly—for sportsbooks, at least—Philadelphia’s home state of Pennsylvania has legal sports betting, while nearby Kansas also accepts legal wagers.
- Sports Betting