Three-time NBA champion D-Wade sees 1-on-1 matchups as the next frontier for basketball betting, setting out the outline for his idea on his podcast. MIAMI – Dwyane Wade may have retired from the NBA, but he hasn’t stepped away from the game or the business … Read more
Resorts World Bet will exit New York’s crowded online sports betting space, opening a valuable license opportunity. FanDuel responds to Illinois’ steep tax increase by imposing a 50-cent fee per bet. Louisiana’s legislature advances a bill to hike the online sportsbook tax rate to 21.5%, … Read more
FanDuel banned a customer for heckling Olympian Gabby Thomas, citing athlete abuse as the reason. But sportsbooks aren’t courts and banning bettors for conduct unrelated to wagering sets a dangerous precedent. PHILADELPHIA – FanDuel’s recent decision to ban a bettor for heckling Olympic champion Gabby … Read more
Illinois lawmakers passed a $55.2B budget with a controversial new tax on every legal sports bet placed in the state. The measure directly impacts DraftKings and FanDuel and could reshape the economics of legal sports betting. Analysts say other states may follow suit, as operators … Read more
Despite repeated violations, Massachusetts sportsbooks are facing fines so small they’ve become the cost of doing business, not a reason to change behavior. BOSTON – The Massachusetts Gaming Commission (MGC) handed out $50,000 in fines last week to four legal sportsbooks, FanDuel, BetMGM, PENN Sports … Read more
PASPA was repealed seven years ago, with legal sports betting having transformed from a curiosity into a half-trillion-dollar industry. What began as a fight over states’ rights has gone from taboo to mainstream, reshaping how Americans watch, bet, and engage with sports. With $50 billion … Read more
The Michigan Panthers to cover the spread versus the Memphis Showboats is the best bet for Friday’s UFL action. BetOnline has the Panthers as 7.5-point favorites, while many other sportsbooks have them at -8.0 or -8.5. BetOnline has the best odds for the Panthers against … Read more
Nebraska’s mobile sports betting expansion clears a major hurdle in the legislature. March Madness bettors beat the books, causing big Q1 losses for DraftKings and FanDuel. North Carolina moves to double its sports betting tax rate, eyeing major revenue gains OMAHA, Neb. – From statehouse … 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