Sports Betting
Covering the latest stories in and around the sports betting landscape, including everything from the latest lines to fun Super Bowl props.
The New Jersey Division of Gaming Enforcement (DGE) is requiring bet365 to pay out more than $519,000 to 199 New Jersey sports betting customers after it was found the sports betting operator revised odds to already concluded bets due that were placed with “obvious errors.” New Jersey Division of Gaming Enforcement says bet365 failed to […]
Recently, several sportsbooks have elected to shut down their betting services in New Jersey. The Bally’s Corporation has not been part of NJ’s betting scene but that is set to change soon. At their most recent earnings call, Bally’s announced it will be introducing four states into the online sportsbook market in 2024. New Jersey […]
On Monday, BetRivers announced they will not implement a surcharge on winning bets. They are the first sportsbook to make a public statement saying they would not follow in the footsteps of DraftKings. Rush Street Interactive CEO Richard Schwartz says his company puts their customers first and adding a surcharge tax would not benefit gamblers. […]
In New York, FanDuel is normally the sportsbook that consistently has a double-digit weekly hold. However, six of the state’s nine mobile sportsbooks had a win rate of 11% or higher for the week ending on July 28. These figures were published by the New York State Gaming Commission on Friday. The state claimed $34.3 […]
For the second straight quarter, Rush Street Interactive had strong results in the market. Additionally, their stock jumped nearly 18%. Rush Street Interactive is the parent company of BetRivers. Their CEO Richard Schwartz said it is clear that their approach is working. They continue to exceed their expectations and this past quarter was the game. […]
The Arizona Department of Gaming announced Friday that it has awarded event wagering operator licenses to Sporttrade and Plannatech to conduct sports betting in the Grand Canyon State. Sporttrade is partnered with Quechan Indian Tribe, while Plannatech is with San Carlos Apache Tribe Arizona had two open licenses among the 10 allocated to tribal gaming […]
A new study from the University of California, Los Angeles, and the University of Southern California reveals that bankruptcies are up 28% in U.S. states with legalized online sports betting. A new study conducted by UCLA and USC professors and scholars shows the negative consequences of legalized online sports betting According to the paper, the […]
Former Nebraska football coach Tom Osborne is among those voicing opposition to the expansion of online sports betting in the Cornhusker State, citing potential dangers and costs. Tom Osborne voiced disapproval of online sports betting to the Nebraska Legislature’s General Affairs Committee The Nebraska Legislature’s General Affairs Committee had met on Wednesday to discuss five […]
BetMGM announced net revenue for the first six months of 2024 reached $1 billion, a 6% increase compared to the same period from 2023. The gaming company described its success as a “year of investment” after gaining 13% market share. BetMGM’s North American Market share in iGaming and online sports betting encompasses the U.S. and […]
Foniso, a new platform that offers real-time interaction, a personalized experience, and a comprehensive hub for sports enthusiasts, is aiming to expand its sports betting engagement market. The global reach platform creates a vibrant and unique ecosystem for all. Foniso app will allow athletes, fans, and journalists to interact with one another According to ThisDayLive, […]
