One of the big questions asked by many in the online poker community is “Why isn’t online poker being embraced by states as they have sports betting?” You may think that answer is a complex one, but it comes down to a simple explanation. According to reports from the states themselves, their tax revenues are… Read more »
A few open slots The Arizona Department of Gaming (ADG) has announced that it will take applications for at least two more sports betting licenses. The application window will be open from February 16 to March 4. According to the ADG’s press release on Tuesday, one license will go to an Arizona tribe and “no… Read more »
Needs widespread support Lawmakers in Georgia are giving sports betting legalization yet another shot. Bills have been put forth every year since the US Supreme Court struck down PASPA in 2018, allowing states to legalize sports betting, but every year, the bills fall short. This week, yet another bill to legalize sports betting – a… Read more »
I have never been in a position to turn down $400,000 and I cannot fathom a time in a future in which I will ever be in that situation. But high stakes poker player and self-proclaimed “best bettor in the world” Sean Perry did just that. Unfortunately for him, that decision came back to bite… Read more »
Oh, internet, you’re crazy On Saturday, Shohei Ohtani, the best player in baseball, signed with the Los Angeles Dodgers for ten years, $700 million. It is the largest contract in baseball history by more than a quarter billion dollars. In the 24 hours or so leading up to the announcement, speculation ran wild as to… Read more »
In an elaborate ceremony featuring many sports legends and tribal representatives, the Seminole Indians of Florida threw the switch on their live sports book in Tampa on Friday. At noon, the first bet was received in the live book (more on this in a moment), but there was plenty of action around the Hard Rock… Read more »
UPDATE: The Vikings lost on Monday night, so the record was not broken. Sportsbooks do not generally like it when the favorites win. Yes, their goal is to set a line so that the action is split on both sides, but the public still tends to like the favorites. Why? It’s just easier for casual… Read more »
A new big name in betting ESPN BET, the sports betting site wearing the name of the US’s dominant sports media brand, has gone live in 17 states. Long thought to be an impossibility because ESPN is owned by family-oriented Disney, ESPN BET’s launch on Tuesday marks the official marriage between the sports network and… Read more »
Limited access for the moment In a surprise to sports fans in Florida, Hard Rock Bet has gone live with a limited, early access launch. Just last week, the Seminole Tribe of Florida, which owns Hard Rock Bet, announced that retail sports betting was finally coming in December, but was mum about online betting. Tuesday… Read more »
Worth the wait After two years of legal battles, the state of Florida will finally get sports betting. On Wednesday, the Seminole Tribe of Florida announced that it will launch “A New Era in Florida Gaming” in December as it begins to offer craps, roulette, and sports betting at its six casinos. “The Seminole Tribe… Read more »
You can’t do that Professional golf is the latest sport to feel negative effects of sports betting, as two players have been suspended for gambling violations. Vince India and Jake Staiano, who golf on the Korn Ferry Tour, were suspended by the PGA Tour for placing wagers on PGA Tour events. Though neither player bet… Read more »
Sportsbooks better hope that this year’s top draft pick Victor Wembanyama is not a transcendent, game-changing talent immediately. It seems like, barring injury, that he will be eventually, but if he comes in and transforms the San Antonio Spurs into a playoff team, the bookmakers could be in trouble. The Spurs are one of the… Read more »
Jim “Mattress Mack” McIngvale is at it again. The Houston furniture store owner has millions upon millions of dollars riding on the Houston Astros to win the World Series. According to the Astros diehard, he stands to win over $70 million should the ‘Stros win it for the second year in a row. A complete… Read more »
Just don’t bet on NFL games In light of a rash of gambling-related suspensions and the revelation that many players were not aware of or do not understand the league’s gambling rules, the NFL has amended its policies to clarify what is and is not allowed, along with specific punishments. In a memo from commissioner… Read more »
Not there for the food The success of one bettor in Washington, D.C. made the D.C. Lottery change its rules over the summer. According to an article Tuesday in The Washington Post, a 27-year old former data scientist did so well by gaming a flawed system that state regulators put strict betting limits in place… Read more »
A long-time struggle Poker pro Phil Mickelson, long known as a heavy gambler, has revealed that he has, in fact, fought gambling addiction for years. In a post on X, he advised people who are planning to bet this football season, whether via traditional wagers or fantasy sports, to do so in moderation. “I won’t… Read more »
Hard-fought battle The San Francisco 49ers defeated the Los Angeles Rams on Sunday in Week 2 NFL action. It was to be expected, after all, the Niners were 7.5-point favorites. And fancy that, the oddsmakers had it dead on, as San Francisco won the game 30-23. All makes sense in this crazy world of ours.… Read more »
Come on, man There are insane promotions and then there are absolutely mind-numbing, someone must have done it on a dare insane promotions. This past weekend was opening weekend for the NFL, the most wonderful time of the year for sportsbooks. Monday was also September 11, the 22nd anniversary of the terror attacks that killed… Read more »
The NFL season begins tomorrow and with it, so does the season of raining money for sportsbooks. And Americans have their wallets open. According to a survey commissioned by the American Gaming Association (AGA), about 73.5 million Americans, or more than 25% of the adult population, plan to place a bet on the NFL this… Read more »
Game went according to plan It’s the most wonderful time of the year for sportsbooks: football season. College football first official weekend wraps up tonight and the NFL begins this week, so sports bettors also feel like it’s Christmas morning. But with all the fun people have wagering, there are also tons of bad beats.… Read more »
The 2023 college football season is less than a week away and the 2023 National Football League season is set to be in just over two weeks. Sports bettors across the nation are taking advantage of their offerings in 38 states – well, make that 37. Florida’s convoluted sports betting path took another turn last… Read more »
Another starter gone The fallout continues in the sports betting scandal that is rocking collegiate sports in Iowa. The latest: Iowa State University defensive lineman Isaiah Lee, who started in all of his team’s games last season, has left the program. Lee is one of several Iowa State and University of Iowa athletes that was… Read more »
Half a year of live testing As some online sportsbooks in the United States are falling by the wayside, Fanatics Sportsbook is forging ahead. On Wednesday, the company announced that it has officially launched its platform in Maryland, Massachusetts, Ohio, and Tennessee after six months of beta testing. “We are laser focused on solving pain… Read more »
Wynn Resorts has announced that pulling its sportsbook WynnBET out of two-thirds of the states in which it operates. “In light of the continued requirement for outsized marketing spend through user acquisition and promotions in online sports betting, we believe there are higher and better uses of capital deployment for Wynn Resorts shareholders,” said Julie… Read more »
Since the U. S. Supreme Court struck down the laws on sports betting in the States of America, it seems as if EVERY state has opened the gates to the industry. There are several reasons behind it but suffice it to say that these state legislatures have seen that there is an easy revenue stream… Read more »
