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
Manfred said Harper’s activity was not a violation of the basic agreement, which permits players to appear in sportsbook ads. The clip reached Terry Thompson, a FanDuel VIP customer who says he lost nearly $2 million to online sportsbooks. Harper posted that he never consented … 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
NEW YORK – April was a huge month for sports betting in New York, hauling in $244.1 million in revenue on a $2.17 billion handle. Despite recording the third lowest handle of the first four months of the year and ranking outside the top ten … 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
ATLANTA – BetOnline joins the fray of online sportsbooks introducing injury insurance with their new PlayerProtect prop betting insurance. This legal sports betting promotion spans for the entire NBA Playoffs and doesn’t have any fees. With BetOnline PlayerProtect, bettors that lost their parlay or straight … 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
SPRINGFIELD, Ill. – For a limited time, FanDuel is waiving their 50-cent fee for all bets for Illinois sports bettors. The sportsbook announced on Thursday that they would be waiving the fee until June 19th, allowing bettors to avoid the 50-cent surcharge that would be … 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