Massachusetts Rules DraftKings Won’t Have to Pay For Error

Massachusetts Sports Betting

DraftKings gets off the hook for more than $575,000 in winning bets to Massachusetts players who took advantage of an error. The Massachusetts Gaming Commission voted 3-2 in favor of DraftKings providing a cash or bonus bet compensation for customers who wagered on the incorrect … Read more

Sports Betting is on Pace to Surpass $100 Billion in 2023

Sports Betting

Americans bet $79.76 billion on sports since January of 2023. Based on current pace and upcoming sporting events, the market expects to continue its growth and surpass the $100 billion mark before the year ends. The emergence of new online sportsbooks and more states with … Read more

DraftKings Begs for Voided Bets Despite Record-Setting Month

DraftKings

DraftKings Sportsbook set new monthly records in Massachusetts for sports betting revenue and handle in October. The state’s largest operator seeks 178 winning wagers to be voided due to an error with incorrect odds. Massachusetts players placed $4,182.36 and won $575,436 on the incorrect NBA … Read more

Legal US Sports Betting Hits $250 Billion Mark Since 2018

Legal US Sports Betting Hits $250 Billion Mark

The total legal US sports betting handle surpassed the $250 billion mark in 2023. New Jersey is the biggest contributor to the milestone, making up 15.78% of the total handle. Ohio and Massachusetts launched earlier this year, adding two major markets to continue hitting legal … Read more

3 Boston Casino Sportsbooks Fined $50,000 for Non-Compliance

Massachusetts Sportsbook

The Massachusetts Gaming Commission issued three casino sportsbooks fined totaling $50,000 for non-compliance. Each casino sportsbook offered at least one unauthorized college basketball game in February. MGM Springfield and Plainridge Park Casino were fined $20,000, while Encore Boston Harbor received a $10,000 fine. BOSTON – … Read more

Massachusetts Denies LIV Golf for Sports Wagering Catalog

LIV Golf Denied

The Massachusetts Gaming Commission unanimously denied LIV Golf from their state sports wagering catalog. The commission cited legal troubles and funding concerns as to why the Commonwealth will not be adding LIV Golf to the sportsbooks’ catalogs. Magic City Jai Alia was also denied approval, … Read more

Fanatics Launches Massachusetts Mobile Sportsbook App Beta

Fanatics

Fanatics mobile sportsbook app has launched in Massachusetts with a beta testing product. The mobile sportsbook app beta is currently available to pre-existing Fanatics customers. BOSTON– Fanatics Sportsbook launched a beta product of its mobile sportsbook app in Massachusetts for pre-existing customers. Any Massachusetts resident … Read more

Low Hold at WynnBet Takes Focus on Celtics Success

Boston Celtics

WynnBet held 3.14% of sports betting action in April. Success from the Boston Celtics may influence the low hold percentage. DraftKings and FanDuel continue their sportsbook market domination. BOSTON – Bettors at WynnBet took control in April according to the most recent Massachusetts Gaming revenue … Read more

DraftKings on Top of Massachusetts Sportsbook Revenue Report

DraftKings - Massachusetts Sportsbook

DraftKings had the highest handle of all Massachusetts sportsbooks in their 2023 March sportsbook revenue report with over $257 million wagered. Players had the most success betting on DraftKings, as the sportsbook held the lowest percentage of revenue at 6.26% The state recorded nearly $550 … Read more

7th-Largest Operator PointsBet to Sell American Division

PointsBet

PointsBet is the seventh biggest sports betting company in the U.S. and will now be selling its North American division. Heading into 2023, the operator posted some impressive numbers with over a billion dollar handle for the first half of the fiscal year. Prospective buyers … Read more

Legal Sports Betting Brief: New Markets and Controversy

Circa Sports

The Illinois betting market has been on a hot streak, continually growing and putting up big handle numbers, and is expecting the addition of a popular Vegas operator into the mix Ohio further work to bolster the number of markets available for bettors to wager … Read more