Offshore betting site Bovada is being targeted by multiple state regulators via cease and desist letters

In the United States, offshore sportsbooks still have their place in the market. While they are unregulated, these illegal sites collect millions of revenue each year. That’s money legal US gambling states are missing out on. Since the ban on sports gambling was lifted in 2018, there’s been an ongoing struggle between regulated and unregulated […]

Zach Wolpin  •  17 Jun 2024
MLB Disciplines Umpire Pat Hoberg For Violating Gambling Rules

Major League Baseball (MLB) announced Friday it has disciplined umpire Pat Hoberg for violating the league’s gambling rules. This comes 10 days after the league levied a lifetime ban on a player for gambling and suspended four others for one year. MLB umpire Pat Hoberg is appealing the discipline and has denied gambling on baseball […]

James Foglio  •  15 Jun 2024
Bally’s Chicago Thriving Ahead of New Casino Construction

Bally’s Chicago casino located at 600 N. Wabash Avenue near the Magnificent Mile won more than $11.73 million from players in May, the Illinois Gaming Control Board (IGCB) reported. Bally’s Chicago collected $6.98 million from slots, $4.75 million from table games in May The casino at Chicago’s Medinah Temple features 800 slot machines and 56 […]

James Foglio  •  14 Jun 2024
In April 2024, Illinois Sportsbooks generated $92 million in revenue

The Illinois Gaming Board reported $92 million in adjusted sports betting revenue in April 2024. For the eighth consecutive month, their betting handle topped $1 billion. Compared to April 2023, operator winnings were up 2.7%. That despite a 22.8% increase in their handle to $1.1 billion. Illinois’ hold was just shy of 10% in 2023, […]

Zach Wolpin  •  14 Jun 2024
D.C. Council Votes to Expand Sports Betting Market

At a D.C. Council meeting on Wednesday, members voted to retain an amendment in the budget that would allow the District to open its online sports betting market to multiple operators. D.C. Council votes to end FanDuel’s monopoly on online sports betting in the District Zachary Parker’s amendment to eliminate fellow council member Kenyan McDuffie’s […]

James Foglio  •  14 Jun 2024
Kansas Mayor Endorses Sports Betting In Hopes Of Luring KC Chiefs, Royals To Relocate

Kansas City Mayor Tyrone Garner has endorsed the idea of using sports betting revenue and STAR bonds to attract two major league franchises – the NFL’s Kansas City Chiefs and the MLB’s Kansas City Royals – to move from Missouri to the Kansas side of the city. Kansas City to use sports betting revenue and […]

James Foglio  •  14 Jun 2024
Supreme Court is holding a key meeting this week regarding a sports betting case in Florida

On Thursday, the Supreme Court was scheduled to hold a conference. Their main objective is to determine whether to take up a petition filed by a Florida parimutuel. This petition was signed by West Flagler Associates (WFA) four months ago. WFA is asking the court to decide the legality of a 2021 gambling compact between […]

Zach Wolpin  •  14 Jun 2024
Genius Sports Partners With IBIA For Sports Betting Integrity

Genius Sports and the International Betting Integrity Association (IBIA) have agreed to a global sports betting integrity information sharing and wider anti-match-fixing partnership. Genius Sports and IBIA will share suspicious betting activity and access to certain technological resources The agreement unifies one of the world’s largest sports technology companies in Genius Sports and IBIA, which […]

James Foglio  •  13 Jun 2024
Indiana Sports Betting Handle Tops $362M For May

The Indiana Gaming Commission reported sports betting handle of $361.6 million for May on Wednesday, a 27.6% increase from last year as basketball topped all other sports because of the Indiana Pacers and Caitlin Clark. Indiana had the fifth-largest sports betting handle in May Indiana’s basketball handle totaled $97.2 million, an increase of $25.5 million […]

James Foglio  •  13 Jun 2024