New Jersey’s June sports betting handle rose 16% from a year earlier to $917.2 million. Sports wagering revenue fell 37.7% to $57.3 million as the hold dropped to 6.24% from about 11.6%. Bettor winnings on the FIFA World Cup and NBA Finals drove the decline, … Read more
The commission’s lead recommendation would compel operators to surrender anonymized player-level wagering data for independent analysis. An in-game betting ban appears in the report as two hedged sentences under its lesser, more immediate measures. Pennsylvania booked a record $6.39 billion in gaming revenue in fiscal … Read more
LAS VEGAS – Charges have been filed against a former DraftKings employee relating to an alleged betting scheme in which a player on the Fresno State men’s basketball team purposely manipulated his stats at legal sports betting sites. Samuel Silverman, formerly a DraftKings employee working … Read more
CHICAGO – Yet another sports betting site has decided to expand into the prediction market space, as Betr, co-owned by Jake Paul and Joey Levy, bought out the rights to a firm registered with the National Futures Association (NFA). After acquiring introducing broker ACM Futures, … Read more
WASHINGTON – On the morning of May 14, 2018, the Supreme Court of the United States handed down Murphy v. NCAA and ended Nevada’s 26-year monopoly on legal sports betting. Eight years later, questions surrounding who would profit and under what rules have been answered… … Read more
LINCOLN, Neb. – Major US sports betting operators are financially supporting an online sports betting push in Nebraska. Big players like DraftKings, FanDuel, Fanatics, and BetMGM have sent millions towards a legal sports betting initiative in Cornhusker State. More than $2.6 million was contributed towards … Read more
HARTFORD, Conn. – Despite being one of the representatives who voted in support of legal Connecticut sports betting in 2021, Rep. Maria Horn is making her stance known on the matter give years later. With heavy concerns about problem gambling in Connecticut, Horn has many … Read more
AUGUSTA, Ga. – Six of the past seven winners at the Masters entered the tournament with odds that were among the three shortest at online betting sites. Because of that history, it’s important for bettors to consider what sportsbooks have the best Masters odds for … Read more
NEW YORK – For the first time since 2021, the NFL heads into the month of April without an officially partnering sportsbook. FanDuel, DraftKings, and Caesars each had their final league option expire at midnight on March 31st, and none renewed in a surprising turn … Read more
NEW YORK – Credit card delinquencies have increased and have ties to the expansion of legal sports betting. Overall household credit scores are also down, as gamblers are paying off their sports betting debt later and later. The Federal Reserve Bank of New York found … Read more
SALEM, Ore. – With the beginning of the MLB season, DraftKings has rolled out a new way to bet on baseball – and it has nothing to do with the games being played that day. DK Replay is a new game similar to historical horse … Read more
TRENTON, N.J. – Two major challenges to micro-betting emerged this week, as New Jersey lawmakers pushed forward a bill to ban the practice while a Pennsylvania court received a lawsuit targeting the sports wagering industry’s biggest players. Senators Paul Moriarty and Patrick Diegnan got Senate … Read more