Legal Sports Betting Brief: Taxes, Bet Partnerships, Horses

Legal Sports Betting Brief: Taxes, Bet Partnerships, Horses

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

Bet On LeBron James’ Second Decision, Is LeBron Retiring?

Bet On LeBron James’ Second Decision, Is LeBron Retiring?

LeBron James teased a “Second Decision” announcement on Monday. There are +155 odds that LeBron James will announce his retirement. LOS ANGELES – LeBron James has sent NBA fans into a frenzy on social media on Monday with the announcement on his X (formerly known … Read more

FanDuel, DraftKings Tighten Ties with Amazon Prime, NBC

NBC and DraftKings Partnership

Both FanDuel and DraftKings announced partnerships this week, blending sports viewing with sports betting. NEW YORK – Amazon announced its Prime Video platform is expanding its relationship with Flutter-owned FanDuel on Tuesday. It will deliver betting integrations during NBA broadcasts. Starting this season, basketball fans … Read more

Study Finds Sports Betting Ad Spike, Prods Regulation Debate

Study Finds Sports Betting Ad Spike, Prods Regulation Debate

A new analysis has revealed just how much sports betting imagery is being broadcast during America’s sporting events. BRISTOL, Conn. – During this year’s Stanley Cup Finals, hockey fans saw gambling logos and messages an average of 3.5 times per minute, based on research data … Read more

Terry Rozier NBA Betting Scandal Traced to Biloxi Sportsbook

Terry Rozier NBA Betting Scandal Traced to Biloxi Sportsbook

Harrah’s Gulf Coast in Biloxi was the location of 30 winning wagers on Terry Rozier props minutes before the NBA guard left a 2023 game with an injury. BILOXI, Miss. — A wave of suspicious NBA prop bets placed at Harrah’s Gulf Coast casino in … Read more