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Operators must get in line by next season The NBA is cracking down on marketing language by sports betting companies in order to protect fans. In a new decree, the league is prohibiting the use of “risk free” in advertisements, as it is not only misleading to potential sportsbook customers, but an outright lie. The… Read more »
Retail sports betting first, then online Massachusetts has finally joined most of its neighbors, as its legal sports betting market has gone live. As of 10:00am Tuesday, people located within the borders of the Commonwealth can place bets at one of three brick-and-mortar casinos: Encore Boston Harbor, MGM Springfield, and Plainridge Park Casino. All just… Read more »
888 staggered The bottom dropped out of shares in gambling group 888 Holdings plc on Monday as CEO and Executive Director Itai Pazner has stepped down from both roles as an internal investigation into possible failures in the company’s anti-money laundering (AML) and know-your-customer (KYC) processes. 888’s shares opened down nearly 10% from Friday’s close… Read more »
Multi-stage voting process has begun The Global Poker Index (GPI) and The Hendon Mob have announced the categories for the 4th Global Poker Awards. A total of 29 trophies will be awarded at the ceremony, scheduled for March 3, 2023 at the PokerGO studio in Las Vegas. Preliminary ballots went out yesterday to the voting… Read more »
Livestreaming slot play on behalf of TikTok viewers I’ve written about poker and gambling for a long time, so naturally, I have enjoyed gambling on occasion. I have not, however, been so eager to gamble that I was willing pay exorbitant fees to someone to gamble for me. That’s exactly what many TikTok viewers have… Read more »
If anyone ever tells you that something is a “sure thing,” do not believe them. There is no such thing as a sure thing. One DraftKings bettor found this out the hard way on Saturday when they lost $1.4 million on what seemed like a wager that could not lose. The Los Angeles Chargers played… Read more »
Who wants to be a billionaire? Here we go again, another lottery in the United States is at astronomical levels. Nobody won the Mega Millions jackpot Tuesday night, meaning the top prize for Friday’s upcoming draw is an estimated $1.35 billion. And yes, like you, I will be buying a ticket because, you know, now… Read more »
Mack wasn’t alone Jim “Mattress Mack” McIngvale always knows he could lose his enormous sports bets, but he probably didn’t think he’d effectively have no chance to win his wager on the College Football Playoff National Championship game Monday night halfway through the second quarter. Mack had put over $3m on TCU to defeat the… Read more »
Even legends need to follow the rules As legalized sports betting continues to proliferate throughout the United States, there is bound to be instances of people not being aware of the rules and regulations. For many, the opportunity to place a bet or get involved in the industry is exciting and they just want to… Read more »
One more upset to go The NFL’s regular season ended yesterday, as frenetic day of action saw playoff seeds cemented and teams squeak their way into the postseason field. Tonight, it is college football’s turn in the spotlight, with the defending champ Georgia Bulldogs squaring off against the TCU Horned Frogs in the College Football… Read more »
Betting heavy on the heavy underdog Jim “Mattress Mack” McIngvale is back at it. With the College Football Playoff National Championship coming up next Monday, McIngvale has placed over $3 million in bets on his home state TCU Horned Frogs to down the defending champion Georgia Bulldogs. According to Action Network’s Darren Rovell, Mattress Mack… Read more »
Horror on the field When a tragedy occurs, the reaction of most people is to be sad or scared, to wonder what they can do to help, to seek the comfort of loved ones, or at least sit and ponder. Last night, though, BetOnline’s move was to try to profit in the moment, an act… Read more »
Closed for four days Harrington Raceway & Casino in Delaware reopened Saturday after mysterious “technical difficulties” caused the venue to be closed for much of last week, just in time for long-planned New Year’s Eve festivities. According to Delaware Online, Harrington Raceway CEO Patti Key contacted Delaware Lottery Director Helene Keeley around noon on Tuesday,… Read more »
Coaching and marketing for sportsbooks don’t mix The college football bowl season and end of the NFL regular season, heading into the playoffs, is a busy time for sportsbooks. With all of the wagering activity, state regulators, industry watchdogs, and the books themselves must also be on the lookout for anything that might run afoul… Read more »
Whales aren’t always the primary target As competition for one of three New York City casino licenses heats up, The New York Times published a story this week detailing the often sad scenario that is New York casinos’ big target demographic: elderly Asian immigrants. While casinos send buses to Asian communities in New York City… Read more »
Bettors must be prepared for the worst When you bet on sports, you are taking on risk. No matter how much studying and preparation you made before you placed your bet, unexpected things happen in games that can throw everything off (and sometimes you just get it wrong). An unlucky bounce, a tremendous performance by… Read more »
Didn’t bet on NFL, but it’s still against the rules The New York Jets are battling for a playoff spot with two games to go in the regular season, but regardless of whether they make it or not, wide receivers coach Miles Austin will not be part of the journey. On Friday, ESPN’s Adam Schefter… Read more »
End of a three-decade era As of yesterday morning, the operations of the Mirage in Las Vegas is owned by Hard Rock International. On Monday, MGM Resorts International that its sale of the renowned casino-hotel to Hard Rock for $1.075 billion in cash was completed. The Seminole Tribe of Florida, which owns Hard Rock International,… Read more »
Trainwreck is mad In wake of Twitch’s recent ban of streams featuring unregulated online casinos, Tyler “Trainwreck” Niknam, one of the most popular streamers on the platform, moving to a new site, Kick. Angry about the ban when sports betting, daily fantasy sports, and poker streams are still allowed, as well as supposedly upset about… Read more »
Magic City Casino in Miami is the subject of an odd and perhaps petty lawsuit filed by one of its patrons. Nicolas Manzini of Florida filed the lawsuit in 11th Circuit Court against West Flagler Associates, Magic City’s owner, saying the company is essentially stealing money from customers by “manipulating the cash-out system” and not… Read more »
The era of mobile sports betting in Maryland has begun…finally. At 9:00am Wednesday, seven licensed companies were permitted to launch their apps and start taking wagers. The launch comes just in time for the Thanksgiving NFL games and the majority of the World Cup, among plenty of other sports. The seven operators and their casino… Read more »
The 2022 World Cup kicked off in Qatar this past weekend and while there have been some highly-anticipated contests over the last few days, one of those was not Saudi Arabia versus Argentina. Sure, soccer fans in both countries certainly looked forward to it, but it was a huge mismatch, so it didn’t receive as… Read more »
Company plans to reimburse customers A number of DraftKings customers found out this weekend that their sportsbooks accounts were hacked and just that, but money was drained either from those accounts or the bank accounts connected to them. On Monday, the company said that customers lost about $300,000 in total, but DraftKings intends to make… Read more »
Puig’s betting did not go well Former Los Angeles Dodgers star outfielder Yasiel Puig lost hundreds of thousands of dollars placing bets with an illegal gambling site in 2019. On Monday, he agreed to plead guilty to a federal charge of lying to law enforcement regarding those bets. According to a statement put out by… Read more »
The public kept pumping up the favorite When there is no apparent reason for bettors to flood sportsbooks with wagers on one side of an event, there is often reason to raise an eyebrow. This is exactly what is happening with Saturday night’s UFC between Darrick Minner and Shayilan Nuerdanbieke, as it is under investigation… Read more »
