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
Senator Richard Blumenthal has criticized Connecticut’s proposed in-flight betting bill, citing public health risks and concerns over minors accessing gambling. Blumenthal also highlighted federal restrictions under the Gambling Devices Act of 1961, urging DraftKings and Delta to pause their partnership on airborne gambling. HARTFORD, Conn. … Read more
Sungjae Im is the best bet amongst the favorites (+1400) to win the 2025 American Express. Eric Cole has +5000 odds to in the AMEX but has a DFS price of $8,300 after a fifth-place finish at the Sony Open. Adam Hadwin is a solid … Read more
DraftKings recently changed their loyalty program, Dynasty Rewards, making it harder for casual bettors to increase their status. NEW YORK – Last year, DraftKings Sportsbook announced significant changes to its Dynasty Rewards Program, with updates having taken place since last week Friday. These changes include … Read more
The spread for the Los Angeles Chargers at Houston Texans is nearly universal among top sportsbooks, but the odds for that spread aren’t. The best place to bet the Chargers -3.0 is Bovada and the best site for Houston +3.0 is BetOnline. The over/under for … Read more
While some sportsbooks have Sugar Bowl bets active, many others have canceled wagers for the game. Depending on your betting site, this could be a normal action based on the sportsbook’s house rules. NEW ORLEANS – In the aftermath of the Sugar Bowl’s unexpected postponement … Read more
A new CFPB report reveals that credit card issuers often categorize sportsbook transactions as cash advances, leading to surprise fees of up to $10 per transaction and interest rates of 30% starting immediately. Bettors are urged to consider alternative payment methods, as the CFPB calls … Read more