Articles for Sports Betting

Scandals, some changes in public perception highlighted the year for sports betting
4 days, 4 hours ago

Scandals, some changes in public perception highlighted the year for sports betting

Associated Press  

In the six years since the U.S. Supreme Court cleared the way for states to offer sports betting, each successive year has set a record for the amount of money wagered legally. I think it’s opening people’s eyes that the legalization of sports betting in the U.S. wasn’t going to be the exception to the problems that come with sports …

Gambling Tax States Texas Betting California Sports Betting
Another month, another record smashed for New Jersey internet gambling
6 days, 18 hours ago

Another month, another record smashed for New Jersey internet gambling

Associated Press  

ATLANTIC CITY, N.J. — New Jersey’s red-hot internet gambling market continued to smash records in November, even as revenue inside physical casinos continued to lag behind pre-pandemic levels at six of Atlantic City’s nine casinos, numbers released Monday show. The New Jersey Division of Gaming Enforcement said internet gambling brought in just over $214 million in November, narrowly eclipsing the …

Gambling Ocean Betting Revenue New Jersey Month Million
Young men are making risky bets on crypto and politics—and raking it in right now
2 weeks, 1 day ago

Young men are making risky bets on crypto and politics—and raking it in right now

Live Mint  

Byron Hayes has lost so much money on meme stocks, crypto and betting that he goes by the name Financial Failure on online forums. “I feel like I’ve finally made the right decision in life," says Hayes, 34, who works as a software developer for a cybersecurity company. Investing influencers Alex Monahan, 28, bought crypto and started betting on sports …

Investing Financial Online Betting Right Sports Betting According
NHL player poll: As sports betting increases, so do harassing messages — and Venmo requests
1 month ago

NHL player poll: As sports betting increases, so do harassing messages — and Venmo requests

New York Times  

There doesn’t have to be a milestone moment or viral play for an NHL player’s phone to be flooded with notifications in the wake of a game. “I’ve been sent Venmo requests before,” one NHL player surveyed in The Athletic’s player poll said. So give me back my 50 bucks.’” That player said he found it “comical.” “I think I …

Players Betting Sports Betting Messages Nhl Venmo Requests Venmo
Chief Future Officer: Alan Ellingson, DraftKings
1 month, 1 week ago

Chief Future Officer: Alan Ellingson, DraftKings

Bloomberg  

00:00 The U.S. sports betting industry is on a roll. We want to grow our revenue into our existing cost structure and there's no need to reduce the costs as long as we're being efficient with what we allow our cost growth to look like. And we're in the fortunate position where I think we don't need that necessarily to …

New Products Betting Super Bowl Company Right Sports Betting Cfo
DraftKings Thrives as Sports Betting Booms
1 month, 1 week ago

DraftKings Thrives as Sports Betting Booms

Bloomberg  

00:00 DraftKings hit a milestone in the second quarter of 2024 for the first time as a public company. The bigger players, they're all talking about iGaming being an opportunity to really make a lot of money, much more so from a margin perspective than sports betting is. And because also they don't need games on, you could play a …

Betting Revenue Sports Betting Long Think Lot Customer
Sports betting addiction takes hold in Brazil where armed loan sharks rule
1 month, 1 week ago

Sports betting addiction takes hold in Brazil where armed loan sharks rule

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. "I have managed to stop for a couple …

Money Companies Sports Betting Brazil Oct Brazilians Meeting
As sports betting addiction takes hold in Brazil, the government moves to crack down
1 month, 2 weeks ago

As sports betting addiction takes hold in Brazil, the government moves to crack down

Associated Press  

SAO PAULO — “King” doesn’t disclose his real name. Brazil’s economy ministry estimates that Brazil’s sports betting market had $21 billion in transactions last year, a 71% increase compared with the first year of the pandemic, 2020. The ministry’s newly presented regulations include facial recognition systems for gamblers to bet, the identification of a single bank account for transactions involving …

Money Companies Betting Sports Betting Brazil Oct Brazilians
Missouri sports betting ballot measure highlights national debate about tax rates
1 month, 3 weeks ago

Missouri sports betting ballot measure highlights national debate about tax rates

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Missouri's proposed 10% tax rate on sports betting …

Tax States Betting Missouri Revenue New Jersey Sports Betting
Best live betting sites in the UK
2 months, 2 weeks ago

Best live betting sites in the UK

The Independent  

Sports betting has changed dramatically over the last decade or so, with the rise of smartphones and live data, which has revolutionised the sports gambling industry. We have ranked and reviewed the best live betting sites by sport, so customers can find the online bookmaker that best meets their specific needs. Customer experience: We considered how good an experience the …

Horse Racing Live Streaming Sports Betting Odds Best Site Sites
Pete Rose found home in Las Vegas before nation began to embrace sports betting
2 months, 3 weeks ago

Pete Rose found home in Las Vegas before nation began to embrace sports betting

Associated Press  

LAS VEGAS — Betting on baseball got Pete Rose banned from the game, never to return while he was alive. In choosing to live in Las Vegas, before the sport’s career hits leader died Monday at 83, the man known as Charlie Hustle for his relentless play on the basepaths picked a city that embraced legalized sports betting long before …

Gambling Sport Baseball Betting Sports Betting Las Vegas Las
Column: This hilarious lawsuit by the NFL Players Assn. against DraftKings shows the dark underside of sports betting
3 months, 1 week ago

Column: This hilarious lawsuit by the NFL Players Assn. against DraftKings shows the dark underside of sports betting

LA Times  

DraftKings and other online sports gambling companies ply players with easy smartphone apps to place their bets. DraftKings, the NFLPA asserts in the lawsuit filed a couple of weeks ago in New York federal court, collects billions of dollars in revenue “based on a simple premise: if a DraftKings customer places a losing bet, that customer must still pay up.” …

Gambling Market Players Online Lawsuit Betting Sports Betting
The Golden Age of Sports Betting Is Over
4 months, 1 week ago

The Golden Age of Sports Betting Is Over

Slate  

These past few years have been a great time to bet on sports. Now the sportsbooks have decided they’d like to actually make some money, and they have pared back their promotional offerings to spend less on “customer acquisition.” The little carrots designed to make betting a friendly financial proposition are dulling or just going away, and they’ll only come …

Industry Money Age Betting Winning Sports Betting Bets
Plain old bad luck? New Jersey sports betting revenue down 24% at casinos, and 9.5% overall in June
5 months ago

Plain old bad luck? New Jersey sports betting revenue down 24% at casinos, and 9.5% overall in June

Associated Press  

ATLANTIC CITY, N.J. — New Jersey’s casinos saw their sports betting revenue decline by nearly 24% in June, and sports betting revenue overall in the state declined by 9.5%, according to figures released Tuesday by state gambling regulators. The New Jersey Division of Gaming Enforcement reported that the nine casinos collectively saw their sports betting revenue decline by 23.9% in …

Gambling Ocean Betting New Jersey Sports Betting State Million
US Supreme Court refuses to take up challenge to Florida’s online sports betting compact
6 months ago

US Supreme Court refuses to take up challenge to Florida’s online sports betting compact

Associated Press  

FORT LAUDERDALE, Fla. — The U.S. Supreme Court on Monday refused to take up a challenge to an agreement that gave the Seminole Tribe exclusive rights to handle online sports betting in Florida, dealing a blow to the deal’s opponents. “What’s important with today’s announcement is that the most significant barrier to online sports betting in Florida has been removed,” …

Gambling Court Online Betting Sports Betting Desantis Tribal Land
Minnesota Equal Rights Amendment fails in acrimonious end to legislative session
7 months ago

Minnesota Equal Rights Amendment fails in acrimonious end to legislative session

Associated Press  

ST. PAUL, Minn. — Minnesota lawmakers failed to pass a state Equal Rights Amendment that would have enshrined protections for abortion and LGBTQ+ rights in the state Constitution as the 2024 legislative session came to an acrimonious end. Democratic leaders early Monday said lawmakers did, nevertheless, pass important, if lower profile legislation that built on a hugely productive 2023 session. …

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How the US became hooked on sports betting – and the cost it’s having on lives
7 months, 2 weeks ago

How the US became hooked on sports betting – and the cost it’s having on lives

CNN  

CNN — In August 2019, Saul Malek realized he’d hit rock bottom. Dominick Reuter/AFP/Getty Images “In America, as long as there have been sports to bet on, people have been betting on sports,” AGA senior vice president Joe Maloney told CNN Sport in an interview. “We’ve seen no evidence of that whatsoever,” says Whyte when asked about legalized sports gambling …

Gambling Super Bowl Sports Betting Young People State Cnn Porter
Minnesota sports betting bill runs afoul of partisan rancor over state senator’s burglary arrest
7 months, 2 weeks ago

Minnesota sports betting bill runs afoul of partisan rancor over state senator’s burglary arrest

Associated Press  

ST. PAUL, Minn. — A bill to legalize sports betting in Minnesota is in serious trouble, running afoul of the partisan rancor over the arrest of a state senator on a felony burglary charge. “It’s like in classic Minnesota sports fashion, we were up by a touchdown with two minutes left, and we had the ball, and we turned it …

Democratic Betting Minnesota Democrats Sports Betting Senate Republican
Campaign to legalize sports betting in Missouri gets help from mascots to haul voter signatures
7 months, 2 weeks ago

Campaign to legalize sports betting in Missouri gets help from mascots to haul voter signatures

Associated Press  

— Missouri’s professional sports teams on Thursday turned in more than 340,000 voter signatures to put a ballot proposal to legalize sports betting before voters this November. The oversized bird, lion and blue bear waved enthusiastically as they hauled boxes filled with voter signatures to the Missouri Secretary of State’s Office in Jefferson City. The proposed constitutional amendment would allow …

City Betting Missouri Sports Betting Voter Voter Signatures
Another record for New Jersey internet gambling revenue as in-person winnings struggle
8 months ago

Another record for New Jersey internet gambling revenue as in-person winnings struggle

Associated Press  

ATLANTIC CITY, N.J. — New Jersey’s high-flying internet gambling market continues to smash records. Figures released Tuesday by the New Jersey Division of Gaming Enforcement show that the casinos and their online arms won over $197 million from online casino games in March, setting another monthly record. Including in-person casino winnings, internet gambling and sports betting revenue, the casinos, their …

Gambling Betting New Jersey Sports Betting Million Caesars Resorts
Best Real Money Online Casinos in Canada Ranked by Real Money Casino Games & Bonuses for Canadian Players (2024)
8 months, 1 week ago

Best Real Money Online Casinos in Canada Ranked by Real Money Casino Games & Bonuses for Canadian Players (2024)

Firstpost  

The clear winner for the best online casino for Canadian players overall is Jackpot City, but based on your style – any of the other online gambling sites might be a better option. Jackpot City - Best Real Money Online Casino in Canada Overall Pros: Some of the best progressive jackpots Established for 25 years C$1,600 welcome bonus Over C$30 …

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In wake of Shohei Ohtani scandal, does Finlete look like gambling?
8 months, 2 weeks ago

In wake of Shohei Ohtani scandal, does Finlete look like gambling?

LA Times  

This might not be the best time to tell the story of a new sports betting venture, not when the name of baseball’s biggest star just surfaced amid a federal investigation into illegal bookmaking. But, in the week after betting lines scrolled beneath Shohei Ohtani on ESPN as he said he had never bet on sports, and at the opening …

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Inside the gambling ring linked to Ohtani — as told by two bettors themselves
8 months, 2 weeks ago

Inside the gambling ring linked to Ohtani — as told by two bettors themselves

LA Times  

For all its complexities, all its twists and turns, the gambling scandal that has engulfed Dodgers star Shohei Ohtani raises a simple question. “The guy seemed to run a good shop,” one said of the bookmaker, adding that he has used “dozens of different bookies and this is easily the best I’ve ever worked with.” The Times linked one of …

Gambling California Sports Betting Told Dodgers Espn Ohtani
Column: It’s not just Shohei — a massive scandal involving sports betting is just around the corner
8 months, 3 weeks ago

Column: It’s not just Shohei — a massive scandal involving sports betting is just around the corner

LA Times  

Shohei Ohtani, right, and former interpreter Ippei Mizuhara last month during the Dodgers’ series in Seoul, just before allegations of illegal gambling by Mizuhara emerged and suspicions swirled about Ohtani. — Cleveland Cavaliers Coach J.B. Bickerstaff Mizuhara originally asserted that Ohtani had covered his gambling losses; Ohtani’s camp has subsequently maintained that Mizuhara covered those losses by stealing from the …

Gambling Games Scandal Baseball Betting Sports Betting Nfl