A Massachusetts widow successfully petitioned DraftKings and regulators to void her late husband’s $106,100 in NBA futures bets. The wagers, all placed on the Boston Celtics to win in 2025, were refunded in a first-of-its-kind decision by the Massachusetts Gaming Commission. Regulators cited a compassionate … Read more
Kansas lawmakers stunned the betting world by voting to block sportsbook license renewals, casting doubt on the future of legal sports betting in the state. The last-minute move, buried in a budget bill, has sparked outrage and confusion, with critics slamming it as reckless and … Read more
Hawaii is on the brink of legalizing online sports betting, with House Bill 1308 advancing through the legislature. DraftKings, FanDuel, BetMGM, and Fanatics are expected to be first in line for licenses when the market opens. HONOLULU – Hawaii’s journey toward legal sports betting took … Read more
DraftKings and FanDuel executives met with tribal representatives in California at the Indian Gaming Tradeshow & Convention to discuss a potential partnership. The Sports Betting Alliance’s proposal seeks to license sportsbooks while ensuring revenue-sharing benefits for all 109 federally recognized tribes. Despite ongoing negotiations, tribal … Read more
Major sportsbooks, including DraftKings and FanDuel, abruptly removed betting lines for the College Basketball Crown Tournament, citing regulatory concerns and player uncertainty. Bettors suspect sportsbooks pulled the lines to protect themselves from inside information on player availability, while some reported having winning bets voided after … Read more
Odds of the Masters a week before the tournament are significantly different at some of the most popular betting sites in the country. BetOnline has the best odds for many Masters betting favorites, including significantly better odds for Brooks Koepka, Xander Schauffele and Scottie Scheffler … Read more
DraftKings reported a $200 million net loss in Q4 2024 despite a 13% revenue increase year-over-year, highlighting ongoing profitability challenges. The company secured a $500 million loan to fuel expansion, with a strong focus on iGaming as a potential path to future profits. Smaller sportsbooks … Read more
After an $83 million lottery jackpot was won, Lieutenant Governor Dan Patrick started an investigation into the Texas Lottery. The focus on ending mobile Lottery purchases in Texas could sway Patrick’s attention from Texas sports betting. AUSTIN, Texas – A recent $83.5 million jackpot win … Read more
As Hawaii’s HB1308 sports betting bill moves through the legislative process, it finds itself at the center of intense debate Wednesday. HONOLULU – Hawaii’s sports betting bill is slated to draw significant testimony in the Judiciary and Hawaiian Affairs House Committee on Wednesday, with a … Read more
With every sportsbook competing for your Super Bowl bets, it is beneficial to know what new player sportsbook bonuses to avoid. FanDuel and DraftKings offer bonus bets after your first bet but FanDuel only pays out the bonus bets if your first bet wins. Other … Read more
Sports betting bills like SJR 16 are being discussed to build a legal Texas sports betting industry. Opposition to advance Texas sports betting lies in the Senate, notably under Lieutenant Governor Dan Patrick. AUSTIN, Texas – In a recent interview on the Texas Take Podcast, … Read more
Basketball was the most bet on sport in Vermont for 2024. The first year of action saw VT sportsbooks collect nearly $200 million from sports bets. The State of Vermont received over $6.3 million in sports betting taxes from Year 1. Tennis saw a high … Read more