If there is one thing that the Super Bowl is known for, it is the advertising that is a part of the game. For sometimes up to five hours, the Championship Game of the National Football League commands the attention of the States of America, if not the world, and advertisers usually will place their… Read more »
Said he has a gambling addiction The first person has been sentenced in the illegal sports betting case involving NBA players Jontay Porter and Terry Rozier. On Wednesday, Judge LaShann DeArcy Hall sentenced Timothy McCormack to two years in prison for his role in the scheme. McCormack won big money using insider information about the… Read more »
Need licenses, but none issued The City of Chicago may be in court as the calendar turns to the New Year. On Tuesday, the Sports Betting Alliance (SBA), an advocacy group formed by the country’s major sportsbooks, sued the city over a new licensing and taxation structure that is supposed to take effect on Thursday,… Read more »
Claim that government has overstepped Two months ago, NBA guard Terry Rozier was arrested on charges of conspiracy to commit wire fraud and conspiracy to commit money laundering in connection with his alleged involvement in an illegal betting scheme. Now his legal team has filed a motion to dismiss the charges. Prosecutors have alleged that… Read more »
Earlier, more frequent injury reports Following discussions with teams and the league’s board of governors, the NBA has issued a memo to all teams outlining potential steps to reduce the negative impact sports betting has on games, players, and coaches. The talks come in the wake of gambling scandals involving the Miami Heat’s Terry Rozier… Read more »
Raiders lose to Broncos, as expected As online poker was growing, one common refrain from players was, “It’s rigged!” With every bad beat or unlikely card, players were convinced that nothing was random and the poker site had it out for them. Now, with sports wagering continuing to expand across the United States, bettors become… Read more »
The NCAA has pushed back a rule change that would allow college athletes to bet on professional sports. Originally set to take effect Saturday, November 1, the rule has been delayed for three weeks, to November 22. NCAA athletes are not permitted to place wagers on college sports, nor will they even if the new… Read more »
In the good ol’ U.S. of A., thirty-nine states, plus the District of Columbia and the territory of Puerto Rico, have enacted regulations that allow for sports betting, either live, online, or both. It has generated millions of dollars, if not billions, in revenue for the different states that offer the activity to their citizens.… Read more »
In a stunning move on Thursday morning, federal law enforcement made over thirty arrests across the U.S. for a variety of gambling offenses. Caught up in the net were two prominent current members of the National Basketball Association. Portland Trail Blazers head coach Chauncey Billups and veteran player Terry Rozier were the notable names in… Read more »
Just hope they aren’t injured late Sports betting leader DraftKings has introduced a new option to help customers ease the pain of losing a bet if an athlete gets injured. With the “Early Exit” program, customers will receive cash credits to their accounts “when a bet is materially impacted by a player’s early exit due… Read more »
Pat Hoberg could return in a year Major League Baseball has fired umpire Pat Hoberg after a year-long investigation and appeals process for violating league rules on gambling. Interestingly, MLB is confident that Hoberg did not bet on baseball games, did not give anyone insider information on games, and did not umpire in such a… Read more »
Unusually large bets One can argue whether the spread of legal sports betting in the United States is good, bad, or somewhere in between, but one thing it has certainly done is make detecting shenanigans much easier. ESPN has reported that because of suspiciously large bets, two Eastern Michigan men’s basketball games are being investigated.… Read more »
Marcano bet on his own team Major League Baseball (MLB) has banned San Diego Padres infielder Tucupita Marcano for betting on baseball. In Tuesday’s announcement, the league said that he placed 387 bets, including 231 that involved MLB teams, in two stretches in 2022 and 2023. What got him banned for life, though, was that… Read more »
Performing quite the tap dance, MLB Commissioner Rob Manfred said that the league was “dragged into legalized sports betting,” while at the same time being better off today now that wagering is out in the open. Speaking at the 2024 Associated Press Sports Editors Commissioners Meetings, Manfred was asked if the league’s position on gambling… Read more »
Reining things in? In the wake of Jontay Porter’s lifetime ban from the NBA for gambling infractions, the league is reportedly talking to sportsbooks about limiting the types of bets that can be offered on games. Both ESPN and Legal Sports Report have said their sources tell them that some ideas being bounced around are… Read more »
Before you read this, please be sure you are sitting down. What you are about to learn is so shocking that you might need some time to recover. Researchers from UNLV and the University of New Mexico (UNM) have found that sports bettors are more likely to binge drink than non-gamblers or those who partake… Read more »
It might turn out to be nothing, but a new report details the extent to which the Toronto Raptors’ Jontay Porter was involved in sports betting. Porter, who is under investigation for his potential role in suspicious NBA wagering, reportedly bet millions of dollars on FanDuel from 2021-2023, this according to Action Network. Action Network… Read more »
Sometimes it is all about timing. Reports out of the North Carolina State Lottery Commission, which oversaw the rollout of online sports betting in the state, indicate a great desire for the activity. How much? Within hours of launching in March, eight figures in revenues (and payouts) had been won by North Carolinians. ACC Tournaments… Read more »
Louisiana has become the latest state to ban player prop bets in college sports. On Wednesday, the Louisiana Gaming Control Board announced that such bets will no longer be available starting August 1. “Our staff began to work on this weeks ago, well ahead of the NCAA’s call for action on college proposition bets,” Louisiana… Read more »
Coincidence? Hot on the heels of the Shohei Otani scandal involving his interpreter allegedly stealing millions from him to pay off gambling debts comes another developing scandal in the NBA. According to ESPN’s David Purdum, Brian Windhorst, and Adrian Wojnarowski, Toronto Raptors forward Jontay Porter is under investigation for a possible connection to multiple betting… Read more »
Tipico is far from the biggest name in the US sportsbook market; in fact, I would wager (see what I did there?) that most people have never heard of the company. Despite lagging in market share, however, the operator has achieved that its bigger rivals have not: it has become the first US sportsbook to… Read more »
Indiana Pacers star Tyrese Haliburton reminded people that professional athletes are human, not just entertainers and stat generators. Athletes have always been under the microscope, but Haliburton pointed out that the spread of sports betting in the United States has also been a problem for them. In a media gaggle on Tuesday, The Athletic’s James… Read more »
Putting the clamps on ads As legal sports betting has spread throughout the United States, sports betting advertising has become more ubiquitous. Rep. Paul Tonko (D – NY) wants to put a stop to much of it plus implement a slew of other restrictions on sports betting. Working with members of the Northeastern University’s Public… Read more »
A member of the Iowa House of Representatives is pushing to rescind part of the state’s gambling laws that would require casinos to maintain lists of people who are barred from sports betting. The rule was put in place in 2019 when sports betting became legal in the state, but does not have to be… Read more »
Roundball Rock Online sports betting went live in North Carolina at noon on Monday, March 11, just in time for March Madness. With both men’s and women’s conference tournaments in full swing (some are already done), sports fans in one of the basketball-craziest states in the country have plenty of opportunities to throw a few… Read more »
