Sports Betting
Covering the latest stories in and around the sports betting landscape, including everything from the latest lines to fun Super Bowl props.
Top sports betting brands in the US like FanDuel are owned by international online sports betting and iGaming operator, Flutter Entertainment. Recently, they completed the move of their primary listing of shares from London to New York. At the beginning of May, this proposal was backed by Flutter stockholders. In January, Flutter began trading on […]
The NCAA’s Southeastern Conference (SEC) is considering a rule change that would mandate player availability reports using injury reports for sports betting. Legalized gambling has made it necessary for bettors to review inside information, such as the health status of players for prop bets, prior to games. SEC could require schools to report injuries to […]
Earlier this week, the Michigan Gaming Control Board (MGCB) issued a cease-and-desist letter to off-shore sportsbook Brovada. They were reportedly offering illegal online gambling. With Michigan taking action against Bovada, this could set a precedent moving forward for other states to take action against illegal providers. The American Gaming Association (AGA) wants to crack down […]
While sports betting operators see parlays in their handle percentages, the top providers are shifting their focus toward micro-betting. It’s a derivative of in-game/live betting. Micro-betting is technology-centric and AI software is faster than their in-house tech. Not too long ago, one of the top industry leaders DraftKings, acquired JackPocket. They are not stopping there. […]
The Michigan Gaming Control Board (MGCB) has issued a cease and desist letter to Bovada Sportsbook, an offshore online sportsbook and casino operator. Bovada operates unlicensed gaming services in multiple states across the U.S. Harp Media B.V., Bovada’s parent company, is located in Curaçao. Michigan Gaming Control Board is giving Harp Media B.V. 14 days […]
Fanatics Sportsbook launched in Wyoming on Wednesday. The company became the fifth licensed operator to launch in the Equality State, and the sportsbook is now live in 21 states. Fanatics Sportsbook joins BetMGM, Caesars Sportsbook, DraftKings, and FanDuel in Wyoming Of course, Fanatics joins BetMGM, Caesars Sportsbook, DraftKings, and FanDuel as live sportsbooks in the […]
Vermont ended April with a sports betting handle dropping below $20 million, its lowest number since launching. However, revenue increased to $1.6 million. Vermont’s Department of Liquor and Lottery (DLL) reported the Green Mountain state collected $17 million last month, down 15% from March. Online sports betting first launched in Vermont on Jan. 11, 2024 […]
In college sports, SEC Commissioner Greg Sankey is extremely powerful. His conference is one of the most profitable and Sankey doesn’t want to change that. On Monday, he spoke at the league’s spring meetings. Sankey discussed player props being banned in states in the SEC that have a legal betting market. The SEC recognizes the […]
In Florida, the Seminole Tribes and the Hard Rock Sportsbook have sole jurisdiction over the legal sports betting market. However, there have been ongoing discussions as to the legality of the market not being competitive. This issue has gotten so large that it is being reviewed by the Supreme Court. West Flagler Associates is in […]
The Nevada Gaming Control Board reported $569.2 million in sports betting handle for April on Wednesday. The handle saw a year-over-year decline, according to data. Bets placed via sports betting apps represented 68.5% of the overall handle Sports wagering was down 4.8% compared to April 2023. However, wagers from sports betting apps as a percentage […]