BetMGM Bettors Could Win $584K From $1K Parlay If Oilers Win Stanley Cup

BetMGM bettors and sports bar owners Jeremy Malone and Judson Dymond need the Edmonton Oilers to win the Stanley Cup against the Florida Panthers to cash a $1,000 parlay for a payout of $584,000. BetMGM bettors placed the $1,000 parlay weeks before an arsonist burned down their sports bar The gamblers placed the three-leg futures […]

James Foglio  •  20 Jun 2024
New Jersey Creates Responsible Gambling Task Force

New Jersey Gov. Phil Murphy signed Executive Order 360 to establish the Responsible Gambling Task Force to battle problem gambling in the Garden State. New Jersey Governor’s Office cited a 2023 study revealing that 6% of residents are at a high risk for problem gambling In a press release announcing the new Task Force, the […]

James Foglio  •  20 Jun 2024
Virginia Saw 973% Increase In Problem Gambling Calls From 2019 to 2023

In March 2020, the Virginia General Assembly and Senate passed SB 384 and HB 896, which brought legal sports betting to the Old Dominion, and this move led to the state seeing a 973% increase in problem gambling calls from 2019 to 2023. Carolyn Hawley, Director of the Virginia Partnership for Gaming and Health, said […]

James Foglio  •  19 Jun 2024
Betr Agrees to Strategic Partnership With Betting Ladies

Betr, the micro-betting operator, has agreed to a strategic partnership with Betting Ladies, “America’s number 1 sports betting community for women” who have a passion for wagering and gaming. Betr will help Betting Ladies establish an environment for women in the sports betting industry Founded in 2022 by Joey Levy and Jake Paul, Betr is […]

James Foglio  •  19 Jun 2024
Michigan Reports $40M In Mobile Revenue, Posts 12% Hold In May

The Michigan Gaming Control Board reported $239.5 million in online gambling revenue, $40.9 million in gross mobile sports betting revenue, and a 12%.1 hold for May on Tuesday. If retail numbers are factored in, operators collected $42.8 million in gross winnings. Michigan became the 10th state to surpass $16 billion in all-time handle May’s win […]

James Foglio  •  19 Jun 2024
Massachusetts Sports Betting Handle Tops $587M In May

The Massachusetts sports betting handle climbed exponentially year-over-year in May, and combined operator revenues increased month-over-month. However, overall wagering activity dropped from April’s haul, along with revenues compared to the same month in 2023. Massachusetts sports betting handle posted a year-over-year increase of 32.4% from $457.1 million in May 2023 Sports bettors in the Bay […]

James Foglio  •  19 Jun 2024
Celtics Odds-On Favorites to Complete Repeat in 2025

The Boston Celtics won their 18th NBA championship on Monday night — the franchise’s first since 2008 — and sportsbook odds are already showing the C’s with the best odds to win next season’s title. ESPN BET shows the Boston Celtics with the shortest preseason title odds since the 2017-18 Warriors Caesars has the Celtics (+300) […]

James Foglio  •  18 Jun 2024
US Supreme Court Rejects Plea to Hear Florida Online Sports Betting Case

The U.S. Supreme Court has refused to take up a challenge to an agreement that provided the Seminole Tribe exclusive rights to operate online sports betting in Florida. U.S. Supreme Court will allow Seminole Trible to continue providing online sports betting in Florida The rejection was announced after the justices discussed the case during a […]

James Foglio  •  18 Jun 2024
Massachusetts Approves LPGA, LET Women’s Golf Sports Betting

Massachusetts commissioners unanimously voted to add Ladies Professional Golf Association (LPGA) and Ladies European Tour (LET) to the MA Sports Wagering Catalog at the Massachusetts Gaming Commission (MGC) on June 6 for sports betting.   Massachusetts’ six online sports betting operators, three retail sportsbooks can offer betting markets for all LPGA, LET events In other words, […]

James Foglio  •  18 Jun 2024