FTC Eyes DraftKings and FanDuel for Collusion

FTC Eyes DraftKings and FanDuel for Collusion

As a bipartisan issue, Senators Mike Lee and Peter Welch wrote to the Federal Trade Commission asking for an investigation into DraftKings and FanDuel – two sportsbook operators who control over three-fourths of the US betting market. The sportsbooks faced a similar request a decade … Read more

PGA Championship Inks Sports Betting Partnership With ESPN BET

PGA Championship - ESPN BET - PENN Entertainment

The PGA Championship is the first golf major to announce a partnership with a legal sports betting operator. ESPN BET will be integrated into the broadcasts on ESPN networks, including betting odds and more sports betting insight during the tournament. ESPN BET account holders will … Read more

ESPN BET Baiting Inexperienced Bettors With Matchup Predictor

ESPN BET

ESPN putting their Matchup Predictor and betting odds right next to each other is a tactic to expose inexperienced bettors. The New York Knicks are favored with -140 odds against the Boston Celtics, but ESPN gives them a 42.8% chance to win. ESPN’s discrepancy between … Read more

Rece Davis Under Fire for “Risk-Free Investment” Sports Betting Quote

Rece Davis

Rece Davis is under fire for commenting on a bet as “Risk-Free” while on an ESPN Bet segment this weekend. The American Gambling Association widely discourages the use of the term “Risk-Free” when advertising sportsbooks. Rece Davis has put out an apology for his poor … Read more

Best North Carolina Sports Betting Bonuses For Monday’s Launch

North Carolina Sports Betting

North Carolina sports betting launches at noon on Monday, March 11. Eight sportsbooks are licensed with the North Carolina State Lottery Commission, while other internationally-licensed sportsbooks accept NC players and offer bigger bonuses. Bovada offers a 50% match up to $1,000 on your first deposit … Read more

Ohio’s January Sports Betting Revenue Surpassed $113 Million

Ohio Sports Betting

Ohio earned $113.1 million from January’s $811.6 million in sports betting handle. The large drop off in handle and revenue from last year can be attributed to promotional betting and the state’s first month with legal sports betting. FanDuel and DraftKings received roughly 68% of … Read more

Underdog, 7 Other North Carolina Sportsbook Operators Announced

Underdog Sports

Underdog Sports is the name that sticks out amongst the eight North Carolina sports betting operators announced on Thursday. Their North Carolina license marks the first attempt for Underdog Fantasy to also offer a regulated sportsbook. North Carolina online sports betting launches at 12 p.m. … Read more

Kentucky Sports Betting Numbers Exceed Revenue Expectations

Kentucky Approves Sports Betting

Kentucky online sportsbooks accepted over $855 million in total bets through Dec. 2023. This resulted in $15.2 million in tax revenue, well ahead of schedule for Kentucky’s annual estimate of $23 million. Retail sportsbooks reported a $36.6 million handle, adding an additional $342,888 in tax … Read more

ESPN BET Acquires New York Sports Betting License from Wynn

WynnBet

ESPN BET will soon operate in New York after striking a deal with Wynn Interactive for $25 million. PENN Entertainment’s ESPN-branded sportsbook currently operates in 17 states. Pending regulatory approvals, ESPN BET will launch in New York in 2024. NEW YORK – ESPN BET is … Read more

Pennsylvania Sets Record Sports Betting Handle Again in Nov.

Pennsylvania Welcome Sign

Pennsylvania broke their monthly sports betting handle record for a second straight month in November. The Pennsylvania Gaming Control Board reported a record $934.1 million worth of total bets in November. FanDuel was the top online sportsbook by handle ($384.1 million) and revenue ($19.1 million). … Read more

November Became Best Massachusetts Sports Betting Month Ever

Massachusetts Sports Betting

Massachusetts set a monthly sports betting handle record with $654.4 million wagered in November. November’s handle marked a 14.4% increase from October, which previously held the record for the highest monthly handle. DraftKings received more than half of the record-setting online sports betting handle. BOSTON … Read more