DraftKings surpassed FanDuel in monthly handle for the first time since Ohio sports betting launched in January. July was the lowest monthly-handle in Ohio’s sports betting history. Ohio surpassed the $4 billion mark in seven months despite their worst month in July. CINCINNATI – Ohio’s … Read more
DraftKings received a $94,000 fine for advertising to underage players. FanDuel, PointsBet, Rush Street (BetRivers), and PENN (Barstool Sportsbook) are among the four other legal online sportsbooks to receive fines from Maryland’s gambling regulator. PENN and PointsBet received fines following major changes to their sportsbooks. … Read more
The Kentucky Horse Racing Commission approved temporary licenses for seven sportsbook operators and seven racetracks on Tuesday. Every Kentucky applicant, including Penn Entertainment’s ESPN BET, received temporary licenses. Retail sports betting launches on September 7 and mobile sports betting launches on September 28. FRANKFORT, Ky.– … Read more
Michigan regulators proposed regulations to ban daily fantasy sports (DFS) contests that resemble sports betting. The regulations target DFS operators such as PrizePicks and Boom, who offer “proposition selection” on individual player performances. Underdog and other DFS operators argue they’re legal fantasy sports and not … Read more
Four football players from Iowa State and three from Iowa are being charged for placing bets under a different name for games they played in. Iowa State’s starting running back Jirehl Brock made 1,327 online bets for over $12,000, including three games last season that … Read more
A daily fantasy sports operator Underdog Fantasy released a statement following recent scrutiny from pick’em style games. Underdog Founder and Co-CEO Jeremy Levine said that “FanDuel and DraftKings are scared of competition” and blame them for Underdog falling under attack. Levine claims that Underdog abides … Read more
Starting Iowa State quarterback Hunter Dekkers is accused of placing sports wagers on Iowa State teams, including football games. The Story County Attorney’s Office filed a complaint against Dekkers, as well as three other current and former Iowa State athletes for tampering with records. Dekkers … Read more
Fanatics has officially purchased PointsBet US assets for $225 million. Fanatics has added 14 more states where they can offer legal sports betting. The shareholders for PointsBet approved the sale with over 95% in favor. NEW YORK – Fanatics has officially acquired PointsBet, after over … Read more
Fanatics entered into an agreement with PointsBet US to acquire the company for $150 million in an effort to grow in the legal sports betting industry. DraftKings entered the mix weeks later, placing a bid of $195 million in cash to acquire PointsBet US. DraftKings’ … Read more
Indianapolis Colts cornerback Isaiah Rodgers Sr was found to be involved with online sports betting on the Colts. This is the sixth player in the last two months to be investigated by the NFL regarding sports betting. While the league claims to have educated players … Read more
The Ohio Casino Control Commission’s monthly revenue report shows that more than $520 billion dollars in sports betting wagers were placed in April. Another month with over half a billion dollars in wagers saw Ohio surpass the $3 billion mark in just four months with … Read more
Fanatics mobile sportsbook app has launched in Massachusetts with a beta testing product. The mobile sportsbook app beta is currently available to pre-existing Fanatics customers. BOSTON– Fanatics Sportsbook launched a beta product of its mobile sportsbook app in Massachusetts for pre-existing customers. Any Massachusetts resident … Read more