Sports Betting
Covering the latest stories in and around the sports betting landscape, including everything from the latest lines to fun Super Bowl props.
In Maine, the executive director of the Maine Gambling Control Unit (MGCU) is predicting a rise in sports betting this summer. That’s because of the 2024 Olympics being held in Paris. They start on July 26. While the Olympics might boost the industry this summer, local lawmakers are still frustrated. The state still doesn’t have […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]