Following a recent decision by the U.S. Court of Appeals for the District of Columbia District, there’s a possibility that Hard Rock Bet could launch its sports betting platform in Florida as early as September 19, provided there are no further legal actions taken by West Flagler and Associates, the plaintiff in the sports betting case.
According to a recent survey conducted by the American Gaming Association (AGA), there has been a significant increase in the number of Americans planning to bet on the NFL season.
ESPN’s sports betting-focused show, Daily Wager, is moving it’s HQ back to Connecticut. Read more about that news here.
Toronto-based company Rivalry has recently introduced its esports same game parlay offering what will be known as “Same Game Combos.” This innovative product allows users to combine multiple bets within a single esports match, potentially leading to a higher payout.
During last week’s announcement, Wynn Resorts revealed its intention to withdraw its mobile sports betting platform, WynnBET, from several jurisdictions.
Just a week following the introduction of a new legal sports betting app in six jurisdictions, Wynn Resorts has taken an unexpected turn by announcing a reduction in its market presence.
A Fairfax County teacher believed he had lucked out with a potential winning of $214,500 from his Women’s World Cup parlay bets. However, his victory was short-lived when BetMGM Sportsbook reversed the outcome, returning Kris Benton’s wager money.
In a recent development, ESPN has officially entered the sports betting arena, solidifying the long-standing speculations. In partnership with PENN Entertainment, the two entities have announced a collaboration to introduce ESPN BET, set to launch in the upcoming fall.
In May, Iowa State and Iowa announced their collaboration with state gaming regulators to address illegal online gambling investigations on their campuses. Iowa identified potential eligibility concerns for 26 athletes spanning various sports, while Iowa State revealed suspicions of gambling rule violations involving around 15 athletes across three sports.
Fanatics announced on Tuesday that there is a sportsbook in the making which will be in partnership with the Columbus Blue Jackets, the location will be adjacent to the Nationwide Arena. The opening is set to take place at the end of August as stated by a press release.
Over the weekend, DraftKings decided to void an NFL Best Ball Draft due to suspected collusion among users. The company’s integrity committee uncovered evidence indicating that participants were collaborating to build one, if not two, overpowered teams during the draft.
The Massachusetts Gaming Commission (MGC), which is the regulatory body overseeing sports betting sites in the state, has imposed fines on three commercial casinos for allowing wagers on state colleges that were not participating in a tournament. Encore Boston Harbor, MGM Springfield, and Plainridge Park Casino received penalties of $10,000, $20,000, and $20,000, respectively, as…
SimpleBet, a prominent developer of micro-betting products with partnerships with industry giants like DraftKings, Caesars Sportsbook, and bet365, recently unveiled its latest groundbreaking innovation: Same Inning Parlays for Major League Baseball games.
PENN Entertainment, a casino operator and entertainment company, completed its acquisition of Barstool Sports, gaining full ownership of the property in 2020, with a finalized acquisition of $388 million for a 64% stake in Barstool that PENN did not own previously.
Gambling has become a prominent topic in the world of sports, spinning across various leagues, with numerous suspensions making headlines. Both professional leagues, like the NFL and MLS, have been connected to major scandals relating to gambling.
According to a report by Pat Forde of Sports Illustrated, Bert Eugene Neff Jr., the individual whose betting activities triggered the investigation resulted in the dismissal of Alabama’s head baseball coach Brad Bohannon, who tried to place a wager exceeding $100,000 on Alabama to lose their game against LSU on April 28.
DraftKings, a licensed sports betting company, violated regulations set by the Massachusetts Gaming Commission by accepting unauthorized wagers on UTR Pro Tennis matches in March.
The approval of Fanatics and Pointsbet $225 million deal is helping to move the sportsbook along into a number of major sports betting states over the next few months.
One demographic that deserves attention in the context of sports betting is the actual athletes participating in these sports.
In recent years, sports betting companies have recognized the value of offering betting propositions beyond traditional end-of-game outcomes. This has led to the emergence of micro-betting, which involves gambling on short-duration events within a sporting event.
Since the Supreme Court ruling in 2018 that opened the door for legal sports betting, the industry has experienced tremendous growth and shows no signs of slowing down.
Cryptocurrency in sports betting is gaining momentum due to its advantages, including faster and more secure transactions without third party involvement, as well as the privacy it offers.
Since the legalization of sports betting, an increasing number of states, currently 30, are regulating some form of sports betting, and this number continues to grow.
A major component of sports betting is understanding the odds, especially if you want a successful career in this. There are different types depending on the country you’re in, but the most common are; fractional (British), decimal (European), and money line (American).
League of Legends has become the world’s most popular eSport, making betting on this game as easy as any other traditional sport like football or basketball.
With many states legalizing sports betting over the last few years, it only makes sense that the amount of people just getting into it has grown.
AI in sports has become a fundamental part of the industry. While there are obvious benefits to leagues, teams, coaches, and other major components of sport as a whole.