How a Philly Sportsbook Took $200K on a Fixed Chinese Basketball Game

How a Philly Sportsbook Took $200K on a Fixed Chinese Basketball Game

PHILADELPHIA – Shane “Sugar Shane” Hennen pleaded guilty Wednesday to bribery and wire fraud charges tied to fixing NBA, college and Chinese basketball games. But one detail in the indictment hasn’t gotten much attention: where some of the money was bet. According to prosecutors, Hennen … Read more

Tennessee Targets Unlicensed Sportsbooks While Underdog Sues State

Tennessee Targets Unlicensed Sportsbooks While Underdog Sues State

NASHVILLE, Tenn. – Tennessee regulators are fighting on two fronts this month. The Tennessee Sports Wagering Council (SWC) ordered Sportbet and FullStarSportsbook to stop taking bets in the state, while Underdog filed a lawsuit against the state after receiving a cease-and-desist of its own. According … Read more

Dodd, Gensler Tell SCOTUS Their Act Didn’t Make CFTC Regulator

Dodd, Gensler Tell SCOTUS Their Act Didn’t Make CFTC Regulator

WASHINGTON – The Senator and CFTC chairman responsible for the implementation of the 2010 Dodd-Frank Act told SCOTUS that the act didn’t grant the Commodity Futures Trading Commission as a regulator for sports betting. The pair of important figures made their points clear in respective … Read more

AL Pennant Odds: Rays -180 After Sweep, Game 5 Next

AL Pennant Odds: Rays -180 After Sweep, Game 5 Next

AL Pennant odds favor the Tampa Bay Rays at -180 odds, shortened from -105 after sweeping the Yankees in three games. The Guardians shortened from +1100 to +330 and the White Sox lengthened from +170 to +500 after Cleveland won twice in Chicago. Game 5 … Read more

Seminole Tribe Files Lawsuit Against DraftKings And Its CEO

Seminole Tribe Files Lawsuit Against DraftKings And Its CEO

The complaint treats Robins as a defendant in his own right, not only the company and its prediction-market subsidiary. The Tribe says its 2021 compact reserves sports betting to Hard Rock Bet, and that DraftKings takes wagers from Floridians under the compact’s minimum age of … Read more