HOLLYWOOD, Fla. – The Major League Baseball Players Association (MLBPA) wants all the financial benefits of sports betting without any of the negatives. Thursday’s proposal requests a ban on prop betting for individual players, while also asking the MLB if players can endorse and get … Read more
HOLLYWOOD, Fla. – Players are the product when it comes to sports betting, and the MLB Players Association naming Hard Rock Bet as an officially licensed sportsbook partner proves that idea. The MLBPA’s role is to protect the players, but does this partnership protect the … Read more
Attorney General James Uthmeier wants to “disincentivize people” to gamble on unregulated channels. Representatives Dana Trabulsy and Berny Jacques have filed measures in the House to support Uthmeier’s request. TALLAHASSEE, Fla. – Attorney General James Uthmeier has made it very clear that going after “unlawful … Read more
Federal tax provision limiting gambling loss deductions faces industry opposition and bipartisan pushback over projected $18 billion in handle losses. Hard Rock Bet expands Florida presence with Orlando Magic partnership, its second NBA deal in the state. Former Kentucky Senator advocates for Georgia horse racing … Read more
As one sportsbook exits Pennsylvania and the U.S. market, another is planting its flag in a new state, Colorado. DENVER – Hard Rock Bet launched in Colorado this week, its ninth state and the first new sportsbook to debut in the Centennial State since January … Read more
Missouri is gearing up for a December 1 launch of legal online sports betting. Several sportsbooks are lining up for licenses as the rules get finalized. JEFFERSON City, Mo. – With Missouri legal online sports betting scheduled to launch on December 1, the licensing process … Read more
Florida is seeking to shut down a lawsuit that threatens the legality of its exclusive online sports betting agreement with the Seminole Tribe. TALLAHASSEE, Fla. – Florida is fighting to protect its multi-billion-dollar gambling deal with the Seminole Tribe, filing a motion to dismiss the … Read more
A new lawsuit challenges Florida’s 2021 gambling compact, claiming it bypasses voter approval required under the state constitution. Protect the Constitution LLC argues that statewide mobile sports betting violates Amendment 3, passed by voters in 2018. The legal dispute could once again put the Seminole … 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
Florida sports betting hotlines are being overwhelmed due to a lack of funding from the state. With each staff member taking 150-200 calls a day, they are being overrun during the biggest gambling event of the year. TALLAHASSEE, Fla. – With the Super Bowl just … Read more
The average hold rate in Nevada averaged 5-7% before 2018. Since nationwide regulation, sportsbooks now keep 9.7% of every dollar bet. This increase easily links to parlay promotions and advertising. Some states are seeing nearly 70% of their monthly revenue come from parlays. PHOENIX – … Read more
Online sports betting returned to Florida with the launch of Hard Rock Bet in December, but college prop betting didn’t come with it. The Florida Gaming Compact between the Seminole Tribe and the state of Florida prohibits Hard Rock Bet from offering prop betting on … Read more