Sports Betting
The Virginia sports betting handle set an April record with $563.5 million in bets placed for the month in 2024, an increase of 32.3% from $426 million in April 2023. Virginia collects tax revenue from 14 licensed sportsbooks Gambling revenue has grown each year since the industry arrived in 2021, when the state collected $236.4 […]
Reading head of football operations Mark Bowen has been charged by the Football Association (FA) for placing 95 bets on soccer matches. Bowen, 60, is alleged to have placed the wagers over a two-year period until January of this year. However, none of the bets were on games involving the Royals. Reading HFO Mark Bowen […]
The New York State Gaming Commission reported $45.5 million in mobile sports betting revenue for the week ending May 26 on Friday, propelling the Empire State’s all-time tax revenue just above $2 billion. New York has nine licensed sportsbooks, a tax rate of 51% Mobile sports betting first launched in New York in January 2022. […]
Interactive entertainment company VGW has been accused of unlawfully operating and marketing its internet gambling websites within the state of Georgia, according to a class action lawsuit. Class action lawsuit filed against VGW’s Holdings Limited, Malta Limited, Luckyland Inc., and GP Limited Destiny Kennedy filed the class action lawsuit last week against VGW’s Holdings Limited, […]
The Boston Celtics opened as -225 favorites Thursday at ESPN BET ahead of the 2024 NBA Finals against the Dallas Mavericks. Offshore sportsbooks, such as Bovada and BetOnline, show the Celtics as -210 and -375 favorites as well. The Mavericks were listed as +185 underdogs after their series-clinching Game 5 victory over the Minnesota Timberwolves […]
The New York Legislature is pushing for stricter sports betting advertising requirements to bring awareness to the hazards of gambling while requiring advertisers to include the state’s problem gambling hotline number in ads. New York Senate’s 1550 bill requires all sports betting advertisers to include language about the addictive effects of gambling The New York Senate […]
The Michigan Supreme Court announced Wednesday that it will hear a case pertaining BetMGM and its refusal to pay a Detroit woman the $3.2 million she allegedly won via online casino gaming. This case is going on almost three years. Michigan Supreme Court to rule on whether woman is owed $3.2 million for winning at the […]
Sportradar has innovated its own advertising tech to help gambling operators. The sports data aggregator announced on Thursday the enhancement of its ad programmatic advertising service with the roll out of its audio and digital-out-of-home (DOOH) advertising screens. Sportradar developed audio and DOOH advertising screens for digital audio users worldwide Audio and DOOH advertising screens […]
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 […]
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 […]
