Sports Betting
Covering the latest stories in and around the sports betting landscape, including everything from the latest lines to fun Super Bowl props.
Washington D.C. has officially joined a growing list of U.S. states that have blocked Bovada Sportsbook. In May, Michigan became the first state to send a cease-and-desist letter to Bovada. Washington D.C. joins 10 U.S. jurisdictions in banning Bovada Sportsbook, an offshore sports betting site Michigan accused the platform of violating the Lawful Internet Gaming […]
On Monday, the Colorado Department of Revenue reported $28.2 million in gross sports betting revenue for June. That is triple the $9.2 million in revenue that Colorado had in June 2023. Many sportsbooks in the state had to pay out futures last year when the Denver Nuggets won the NBA Finals. However, Colorado sportsbook operators […]
On Monday, Eugene Bert Neff Jr. was sentenced to eight months in prison and three years of supervised release. Neff was the Indiana man who was behind the NCAA betting scandal that led to Alabama’s baseball coach Brad Bohannon being fired. Court records indicate that Neff must report to the facility on October 29 to […]
GeoComply, the global leader in geolocation, fraud prevention, and cybersecurity solutions, has blocked more than 2 million attempts to place online sports bets in Nebraska between January and the end of June 2024, a recently released market study shows. GeoComply blocked 4.5 million attempts at online bets in Nebraska from July 2023 through June 2024 […]
Sports betting has been legal in North Carolina since March 2024. The industry has been thriving in its first few months of existence. According to the North Carolina State Lottery Commission, gamblers wagered $1.9 billion from March to June. Adding in promotional funds, the state total wagers topped $2.2 billion. That was good enough for […]
On Monday, Bally Bet officially launched in Mayland as a sports betting app. That means their sports betting product is now available in nine states. This past week, the industry operator was able to conduct a controlled demonstration of their product. Select customers were invited to participate in a live-game betting market. They were able […]
The North Texas Commission is forming a committee of business and community leaders to study issues related to destination resorts and casino gambling, as the push for legalization remains on the agenda for the 2025 legislative session. North Texas Commission is forming a new exploratory committee that will consider the impact of gaming expansion The […]
In Pennsylvania, lawmakers met to discuss potential model online casino legislation. Regulators in three states worked to dispel the belief that brick-and-mortar casinos would be cannibalized if online gaming continued to grow. These regulators and lawmakers met at the National Council of Legislators from Gaming States. They aimed to discuss the model online casino language […]
The New Jersey Division of Gaming Enforcement released the revenue report for June 2024, covering sports betting, online gambling, and in-person casino games. According to the available data, sports wagering revenue dropped by nearly 24% last month. New Jersey sports betting handle totaled $748 million in June 2024 New Jersey’s sports betting handle totaled $748 […]
Betfred has announced it will exit the Ohio market and cease all online operations within the state. According to the website, the U.K.-based operator will stop online operations at noon ET on Aug. 31, 2024, the first full Saturday of college football. Betfred players can deposit money into their accounts until July 31, while the […]