Kentucky Derby’s Purse, Betting Reaches All-Time High

Churchill Downs raised the total amount of prize money ahead of the 150th annual Kentucky Derby. This year’s Run of the Roses will feature a record purse of $5 million, the largest since the Grade I stakes race first began in 1875. The most iconic tradition in horse racing is projected to set other new […]

James Foglio  •  26 Apr 2024
How the dark side of online sports betting has been seen in the United States since its legalization

A total of 38 states including the District of Columbia have some form of gambling after it was legalized in 2018. Some states adopted the policy right away while others have waited to step foot into the gambling industry. Sports betting has grown larger and larger in the US and it’s not slowing down.  Reportedly, […]

Zach Wolpin  •  26 Apr 2024
Massachusetts plans to add Bally Bet in June for another mobile sports gambling option

In Massachusetts, there are currently six legal mobile sports gambling markets. They include DraftKings, ESPN Bet, FanDuel, Fanatics, Caesars, and BetMGM. The state used to have BetWynn but they’ve ceased operations. Another online sports betting app is set to go live in the next few months.  It was announced that Bally’s plans to launch Bally […]

Zach Wolpin  •  26 Apr 2024
Can this DraftKings bettor successfully turn a $100 parlay into a whopping $1.7 million?

This Saturday, the 2024 NBA playoffs will begin and several teams are eyeing the Larry O’Brien trophy. Players have battled through the rigorous grind of the regular season and the postseason awaits. Tomorrow, the final two play-in games will happen to determine the eighth seeds in their respective conferences.  Back in May of 2023, one […]

Zach Wolpin  •  26 Apr 2024
Connecticut lawmakers want to legalize betting on collegiate teams while also introducing stricter gambling laws

Initially, Connecticut lawmakers could not come together on House Bill 5284. A conference committee was created and they made File No. 271 as its replacement. Recently, it was moved through the committee and is being passed along to the House.  File No. 271 would help Connecticut have an entirely different plan for how wagering is […]

Zach Wolpin  •  26 Apr 2024
FanDuel replaces GamebetDC to become the primary sports gambling app for Washington D.C.

On April 15, 2024, FanDuel made its debut as the primary sports betting app in Washington D.C., replacing GamebetDC. FanDuel is one of the largest and most profitable sports gambling apps in the United States. It was a no-brainer for Washington D.C. to move on from GamebetDC and get a serious upgrade.  The Office of […]

Zach Wolpin  •  26 Apr 2024
North Carolina generated a betting handle of $659 million in their first month as a sports gambling state

On March 11, 2024, Sports Gambling became legal in North Carolina. Per the North Carolina State Lottery Commission, they reported a betting handle of $659 million from March 11 – March 31. Sports Gambling was booming in March for North Carolina.  That’s in large part due to March Madness taking over the sports gambling market […]

Zach Wolpin  •  26 Apr 2024
Will the Alabama House and Senate ever reach an agreement to make sports gambling legal?

In Alabama, there are no casinos, sports gambling, or lottery tickets sold. All are still illegal in the state as lawmakers work diligently to change that. Recently, House Bills 151 and 152 were overwhelmingly passed by the House.  However, the Senate disagreed with the lower chamber and stripped casinos and Alabama sports betting from the […]

Zach Wolpin  •  26 Apr 2024
Mississippi Senate Approves Bill HB774 Without Online Sports Betting

The State of Mississippi is one of 38 that offers some form of mobile sports betting. However, the Senate has been working to get mobile sports betting legalized fully. Right now, there are 26 brick-and-mortar casinos in Mississippi. Residents must be on the casino premises to place wagers. Last Tuesday, the Senate voted to pass […]

Zach Wolpin  •  26 Apr 2024