BetMGM Rewards Bettor After Parlay Bet Comes Up Short

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The gambling world was entranced this week by the story of the man who, given a $25 free bet by the sports betting site BetMGM, decided to shoot the works and go for a 16-team parlay last weekend. The unnamed gentlemen came up a bit short in that goal, however, picking the first fifteen games… Read more »

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Arizona Sports Betting Ready to Go September 9 as Judge Denies Tribe’s Injunction Request

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Plenty of sports betting options in Arizona Sports betting operators can start taking bets in Arizona on Thursday, September 9, after a judge ruled against a tribe that had filed an injunction to block the industry’s launch. On Monday, Maricopa County Superior Court Judge James Smith rejected most of Yavapai-Prescott Indian Tribe’s arguments. Arizona Governor… Read more »

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Social Sportsbook Wagr Earns Sports Betting License in Tennessee

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Facilitating bets between friends The Tennessee Education Lottery (TEL) has approved social sports betting site Wagr to begin offering its product in the Volunteer State. With the green-lighting of both Wagr and Barstool Sportsbook on Tuesday, Tennessee now has nine sports betting operators. Wagr is an interesting sportsbook, different than most traditional bookmakers. It is… Read more »

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Maryland Governor Signs Sports Betting Bill

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Maryland has legalized sports betting. Governor Larry Hogan signed a bill to make both online and retail (in-person) sports wagering legal on Tuesday, an action which was entirely expected considering state lawmakers passed the legislation last month by overwhelming margins. Under emergency authorization, the law can take effect immediately, but no sportsbooks are expected to… Read more »

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Independent Investigation to Probe Football Index Downfall

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It felt inevitable and now it is officially going to happen: an independent investigation will be launched into the sudden collapse of soccer betting site Football Index. According to a Sunday report in The Times, UK Members of Parliament (MP) were the catalysts for the inquiry, one of whom said, “something appears to have gone… Read more »

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Sportsbooks Welcome the Return of March Madness

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Wagers are pouring in The NCAA men’s and women’s basketball tournaments return in a few days after being canceled last year only about a week before they were to begin. Nearly everything in the world was canceled because of the COVID-19 pandemic – and we aren’t in the clear yet – but it was the… Read more »

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Could a Futures Contracts Market for Sportsbooks Happen?

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State-by-state regulation can expose sportsbooks The past week, I have had so many images of stocks, hedging, futures, and cryptocurrency in my head that I have gone on deep YouTube dives into clips and discussions of the film, The Big Short. And I didn’t even jump on any of the meme stocks or invest in… Read more »

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Michigan Online Sports Betting to Launch January 22

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Plenty of options More than a year after legalizing online gambling, the state of Michigan is finally, finally set to launch one branch of its industry. On Friday, January 22, online sports betting will go live for people over the age of 21 who are located within the state’s borders. State regulators have authorized nine… Read more »

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