Articles by Zach Wolpin (226)
After internal and external investigations by the NCAA, it revealed that the University of Notre Dame men’s swim team had widespread gambling issues that violated the NCAA’s policies. It was announced that Notre Dame will be suspending their men’s swimming team for at least one academic year. Athletic Director Pete Bevacqua said this was a […]
On Thursday, the Nevada Gaming Control Board (NGCB) filed a 12-count complaint against the operators and owners of Resorts World Las Vegas. This all has to do with anti-money laundering failures related to the case of Matthew R. Bowyer along with several other illegal bookmakers. On August 9. Mr. Bowyer pleaded guilty to three federal […]
While name, image, and likeness (NIL) are still new in the collegiate sports atmosphere, big-time schools are doing what they can to help fund the program. That’s especially true in the South where schools in the SEC are funded by major donors. The University of Arkansas has Arkansas Edge, their NIL collective. Arkansas Edge is […]
On Tuesday, Sportradar’s Betting Technology and Solutions released their financial results for Q2. The company has now accounted for 82% of its revenue for two consecutive fiscal quarters. Additionally, Sportradar has seen a 30% year-over-year growth that helped propel them to a revenue of €278.4 million for the second quarter. Betting Technology and Solutions had […]
Since April 2024, FanDuel has been the only legal sportsbook for residents of Washington D.C. FanDuel replaced the former DC sports betting monopoly provider, Intralot. According to a recent court order, they could be under investigation by the District’s attorney general. Intralot is currently a petitioner in a case at the DC Superior Court. All […]
In July, the Indiana Gaming Commission reported a monthly handle of $261.1 million. That is up 28% from the numbers they saw in July 2023. Indiana sportsbooks saw $29 million in adjusted gross revenue. That was a 25% year-over-year increase. This all happened while the WNBA was on break for players who were competing in […]
Earlier this month, DraftKings announced they would add a surcharge in high-tax states like Illinois and New York. This news broke ahead of DraftKings’ Q2 earnings call. DraftKings said that customers can expect this fee to be implemented on January 1, 2025. While DraftKings has angered customers with this surcharge, other sportsbooks are taking the […]
In three weeks, the first game of the 2024 NFL season will kick off on Thursday, September 5. Before the regular season starts, bettors love to go on mobile sportsbooks and place a futures bet. That could be anything from the team winning the Super Bowl to Offensive Rookie of the Year. Last season, Baltimore’s […]
On Monday, August 12, Maryland Lottery and Gaming reported $43.8 million in gross sports betting revenue for July. Sportsbooks across the state were dominant to combine for a 13.1% hold. This was Maryland’s second-highest win rate in 2024 behind a 14.7% hold in January and their fourth consecutive month with a double-digit hold. The state’s […]
On Monday, the Indiana Gaming Commission reported their sportsbooks combined for an 11.1% hold in July. That was the third straight month that operators combined for a double-digit hold. This is Indiana’s longest streak since July – October 2022. Additionally, it was the 18th time in 59 months of legal wagering that Indiana sportsbooks hit […]