News
Jake Paul’s Betr Adds Traditional Sports Betting to Microbetting Platform
By: Grant MitchellBetr, co-owned by industry veteran Joey Levy and internet superstar-turned-boxer Jake Paul, originally launched as a substitute for regular online sportsbooks. Instead of betting on which team would win a game or the final score, players could guess small outcomes such as the result of the next shot, pitch, or play.
03/16/2023
NewsKentucky Sports Betting Bill Gets Resounding Approval in the House
By: Grant MitchellKentucky has been grappling with the idea of creating a legal sports betting market ever since the 2018 PAPSA opened the door to gambling nationwide. 36 states and Washington D.C. have since made the change, but Kentucky has not been able to reach any agreements.
03/15/2023
NewsThe AGA Estimates $15.5 Billion Will be Wagered During March Madness
By: Grant MitchellThe popularity of bracket-filling is not lost on the AGA either. According to the survey, an estimated 56.3 million people plan to participate in a bracket contest while 31 million Americans will bet online with a sportsbook and another 21.5 million will exchange wagers casually with friends.
03/14/2023
NewsWWE Seeking Approval in Two States for Legal Betting on Planned Fight Outcomes
By: Grant MitchellThe company is collaborating with accounting firm Ernst & Young (EY) to ensure that results of the matches cannot be prematurely leaked to the public. All WWE results are determined beforehand, meaning that the matches are effectively uncompetitive despite being branded as professional wrestling.
03/13/2023
NewsKentucky Republican Gubernatorial Candidates Show Support for Sports Betting
By: Grant MitchellThree three figures in question are Kentucky Attorney General Daniel Cameron, Agriculture Commissioner Ryan Quarles, and Somerset Mayor Alan Keck. All agreed that sports betting’s increasing popularity has led to the rise of illegal gambling markets that the state should take control over.
03/09/2023
NewsBlack Mesa Casino Withholding $542k Prize from 74-Year-Old Veteran
By: Grant MitchellTommy Wilson of Las Cruces said he hit the jackpot on February 25th, according to the Albuquerque Journal. The casino’s management retorted that the slot machine that was used to win the massive prize malfunctioned, meaning that the win does not count and will not result in a payout.
03/08/2023
NewsCaesars Building New Harrah’s Casino, Record-Breaking Racetrack in Nebraska
By: Grant MitchellWhile customers will have to wait until the new year to experience all that Harrah’s has to offer, the worldwide gaming giant is breaking the monotony with a temporary casino at AG Park in Columbus. That facility is expected to open this spring and will have 200+ casinos and horse racing simulcasts.
03/07/2023
NewsOhio Becomes Fifth State With Sports Betting Handle Above $1 Billion
By: Grant MitchellThe 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.
03/01/2023
NewsNew York Commission Approves Tighter Sports Betting Advertising Regulations
By: Grant MitchellFollowing 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.
02/28/2023
NewsDrake Forfeits $400k as Jake Paul Loses Boxing Match to Tommy Fury
By: Grant MitchellPaul 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.
02/27/2023
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