New York became the first state to reach a $2 billion sports betting handle in one month. The feat occurred this October, where the state saw exactly $2,006,823,408 billion in bets. New York made over $166 thousand in gross gaming revenue for October. NEW YORK … Read more
Maryland’s sports betting revenue report for September shows a handle of $442.5 million. Sports betting operators in the state earned $45.6 million in gross revenue. FanDuel and DraftKings combined for over $329 million in September sports betting handle. ANNAPOLIS, Md. – Maryland Lottery and Gaming … Read more
The Vermont Department of Liquor and Lottery received five applications from sports betting operators. BetMGM, DraftKings, ESPN BET, Fanatics, and FanDuel all applied for an online sports betting license in Vermont. Legal Vermont sports betting is expected to launch in January 2024. MONTPELIER, Vt. – … Read more
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
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
FanDuel became the official sportsbook partner and the first authorized gaming operator of the Canadian Football League. Caesars Sportsbook launched their mobile sports betting app in Puerto Rico, directly competing with Bet MGM as the only mobile sportsbooks available to Puerto Rican residents. ONTARIO – … Read more
Sportsbooks fail to regulate a common list of rules and take each bettor on a case-by-case basis. This means sportsbooks can restrict one bettor for something many other bettors are doing. Taking away the cash out feature for some shows favoritism toward the unsuccessful bettor. … Read more
The San Antonio Spurs have received the most bets to win the 2024 NBA Finals at FanDuel Sportsbook. The Los Angeles Lakers are in second in that regard despite having much shorter odds to win the championship in 2024. NEW YORK CITY – With Game … 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