Sports Betting
Covering the latest stories in and around the sports betting landscape, including everything from the latest lines to fun Super Bowl props.
According to the American Gaming Association (AGA), an estimated $35 billion is expected to be wagered at U.S. sportsbooks in the 2024 NFL season. This report is the AGA’s first-ever legal handle estimate for an NFL season. American Gaming Association says the $35 billion estimate is about a 30% increase from the amount wagered last […]
Last Friday, the Arizona Department of Gaming reported $47.3 million in gross sports betting revenue for June 2024. Compared to their figures from June 2023, revenue was up 66.8% with a hold of 10.4%. For just the second time in 34 months of legal wagering in Arizona, sportsbooks posted back-to-back months with win rates of […]
On Tuesday, the Ohio Casino Control Commission and Ohio Lottery reported a combined $55.4 million in adjusted gross sports betting revenue in July. It was the 15th time in the last 19 months that the state obtained a double-digit hold. July was the 16th time that Ohio’s monthly winnings exceeded $50 million. Since Ohio became […]
On August 6, the Louisiana Gaming Control Board (LGCB) issued a cease-and-desist letter letter to illegal gambling operator, Bovada. The chief Louisiana sports betting regulator is the latest state-level official to try and push Bovada out of the market. At an LGCB meeting on August 15, Chairman Chirs Herbert spoke about what the state has […]
A new study from the University of Kansas reveals that every $1 spent by Americans on online sports betting translates into $2 not invested in retirement savings. “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households” reveals the negative effects of gambling Kevin Pisciotta, an assistant professor of finance at the University of Kansas, cited […]
Betsafe joins ClutchBet as the second operator to announce an exit from the Colorado sports betting market this month, according to the sportsbook’s press release on Friday. Betsafe will cease online operations in Colorado on Sept. 30, 2024 The sportsbook announced that its online operations would cease on Sept. 30 and the app would close […]
September is Responsible Gaming Education Month and BetMGM has partnered with the American Gaming Association (AGA). They want to help promote responsible gambling across the NFL as the season is set to kick off this Thursday. Lamar Jackson and the Ravens will travel to Kansas City to face Patrick Mahomes and the Chiefs. It’s a […]
Caroline Garcia, a US Open semifinalist in 2022, is calling on tennis tournaments to end their sports betting sponsorships after she received a series of hateful messages on social media. Caroline Garcia shared a couple of derogatory online social media messages following recent losses On Wednesday, Garcia shared a few of the derogatory online messages […]
Dallas Cowboys owner Jerry Jones believes Texas is missing out on millions in tax revenue without legalized sports betting. Jones, 81, was recently asked by reporters about his stance on the Lone Star State potentially legalizing sports wagering in the future. Dallas Cowboys owner Jerry Jones says sports betting will eventually come to Texas “I […]
In the U.S., 38 states including Washington D.C. and Puerto Rico have some form of legalized sports betting. Since the Supreme Court overturned the PASPA Act in 2018, several states across the country have seen firsthand just how profitable sports betting can be. Legalized markets make millions in revenue in a year, some even hitting […]
