Yahoo Buys Wagr, Enters Social Sports Betting Business

The major difference between sports betting and social sports betting is who battles who. Sports bettors wager against the house. Social betting, the kind Yahoo will promote, pits player...

Published May 8, 2023

Major Leagues Create Sports Betting Ad Group

Seven major U.S. sports leagues formed the Coalition for Responsible Sports Betting Advertising. As legalization of sports betting spreads nationwide, advertising has come under intense scrutiny and consumer protections...

Published May 1, 2023

Iowa Sportsbooks Report Increases in March

Iowa’s 19 casinos reported nearly $160 million in adjusted gross revenue for March, paying $32 million in state taxes. Sportsbooks took in $17.5 million from wagerers, up from $12.5...

Published May 1, 2023

Out-of-Staters Try to Jump Geofences in Massachusetts

Since Massachusetts went live with online sports betting in March, almost 187,000 bettors outside state borders have attempted to create accounts in the market. Those bettors were foiled by...

Published May 1, 2023

Vermont Poised to Be Last Sports Betting State in New England

Vermont was just being careful not to overlook regulations that can minimize problems for the bettors. Now the state Senate is ready to cast the final vote to approve...

Published May 1, 2023

Kentucky Sees Sports Betting in Play By NFL Season

Kentucky approved sports wagering and now the state will attempt to work with the Horse Racing Commission to complete the regulations by an early September launch date. A tall...

Published May 1, 2023

Illinois Legislature Split on Sports Betting Annual Fee Bill

The Illinois Senate passed a bill to lower what sportsbook operators have called outlandish renewal fees but the legislation is facing opposition in the House.

Published May 1, 2023

Michael Rubin Says Fanatics Can Play with the Big Boys

Michael Rubin (l.) says his e-commerce firm is the key to competing as a sportsbook. He expects to convert as many as 2.5 percent of his customer base into...

Published May 1, 2023

North Carolina, Missouri, Minnesota Struggle with Sports Betting Legislation

Three states—North Carolina, Missouri and Minnesota—are all dealing with roadblocks in regards to sports betting that threaten to push legislation back until 2024.

Published May 1, 2023

Vermont Senate Committee Teaches Finances of Sports Wagers

The Vermont Senate Finance Committee is all that stands between bringing a vote on sports betting in the full Senate. But the committee is being cascaded with all the...

Published April 24, 2023

DraftKings Takes Top Spot Over FanDuel In Massachusetts

In a month in which wagers debuted March 10, DraftKings finished the month in the top spot in Massachusetts’ online handle. But FanDuel led in terms of revenue in...

Published April 24, 2023

Massachusetts to Rule on Mandatory Spending by Tracks

The Massachusetts Gaming Commission will spell out details of a requirement that tracks and off-track-betting invest $7.5 million to improve their properties. Failure can rescind their sportsbook license.

Published April 24, 2023

Washington Commanders $6 billion sale near completion

The sale of the NFL’s Washington Commanders has been reportedly achieved between current owner Daniel Snyder and a group led by Philadelphia 76ers owner, Josh Harris.

Published April 24, 2023

CEO Iger Still Sees Role for Sports Betting in Land of Disney

Disney CEO Bob Iger (l.) spoke with Time Magazine and one of the topics was the status of the company’s flirtation with sports betting, an offshoot of its ownership...

Published April 24, 2023

March Madness Pushes Sports Betting Over $1 Billion in New Jersey

For the fifth time in six months, sports betting in New Jersey reached $1 billion or more, aided strongly by pro and college basketball.

Published April 24, 2023

Oklahoma Lawmakers Won’t Pass Sports Betting in 2023

Rep. Ken Luttrell (l.) won’t give up even when his colleagues in the legislature can’t see the light. This year, Luttrell was confident after the House said yes. But...

Published April 24, 2023

Tennessee Looking to Change Key Sports Betting Provisions

Two issues regarding sports betting in Tennessee have come under scrutiny and legislation of the 10 percent win rate and official data aims to correct what many see as...

Published April 24, 2023

Texas Pro Teams Push Sports Betting as Deadline Looms

The Texas Legislature has little more than a month to approve sports betting, or else wait two more years to get another chance. Representatives from 11 professional teams in...

Published April 24, 2023

Baseball Rules Affecting Some Oddsmakers’ Lines

Baseball implemented three rule changes, like the pitch clock (l.) for the 2023 season and thus far sportsbook operators are seeing mixed results in how they are affecting their...

Published April 17, 2023

Circa Sports in Illinois Itching to Get Sportsbooks Running

Circa Sports has done well in the sportsbook era in Las Vegas, but it’s been slow going in Illinois. Still, the operator sees light at the end of...

Published April 17, 2023