New York, Michigan to Ban Pick ‘Em Style DFS like PrizePicks

Michigan Gaming Control Board - PrizePicks

Michigan will ban PrizePicks, Underdog, and other daily fantasy sports (DFS) operators that offer over/under props on individual player performance. The move comes one day after New York approved new DFS rules that ban the same Pick ‘Em style propositional bets. The DFS changes do … Read more

DraftKings Under Fire for Releasing Insensitive 9/11 Parlay

DraftKings

DraftKings released a ‘Never Forget’ parlay to commemorate 9/11. The operator pulled the bet after receiving plenty of criticism on social media. DraftKings offered +651 odds for three New York teams to win on September 11. NEW YORK – DraftKings Sportsbook made a poor attempt … 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

Michigan Proposes New Regulations to Ban DFS Prop Selections

DFS Prop Selections

Michigan regulators proposed regulations to ban daily fantasy sports (DFS) contests that resemble sports betting. The regulations target DFS operators such as PrizePicks and Boom, who offer “proposition selection” on individual player performances. Underdog and other DFS operators argue they’re legal fantasy sports and not … Read more

Analyzing Which States Sports Betting Tax Methods Are Best

California Sports Betting Taxes

Using reported sports betting numbers across the US, a strength rating is given to all states. States with a high rating indicate a successful market, profiting well for the state through tax benefits. The states with a lower rating show the success of sportsbooks keeping … Read more

PointsBet US Sold to Fanatics Betting and Gaming for $150M

PointsBet Sportsbook

Fanatics Betting and Gaming has acquired PointsBet US for $150 million. The Australian-based sportsbook will retain their Australian and Canadian businesses. Fanatics Sportsbook will gain access to PointsBet US’s sports betting licenses across 14 states. NEW YORK – PointsBet US announced a $150M sale agreement … Read more

How Much Money Was Bet on March Madness in 2023?

March Madness

Many states saw a record high in sports wagering handles during March of 2023. A sports betting study revealed that over 18 million more Americans planned to wager on March Madness than Super Bowl 57. LAS VEGAS – A handful of state’s monthly gaming revenue … Read more