Sportsbook News
Unibet Latest Online Gambling Company to Be Fined...This Time in Canada
The Alcohol and Gaming Commission of Ontario (AGCO) has issued Unibet ON Inc with a $48,000 monetary penalty for alleged advertising and inducements infractions of the Registrar's Standards for Internet Gaming.
Louisiana Sports Betting Thriving Thanks to....TEXAS?
BetMGM “Live in Louisiana” signage is now prominently displayed at Minute Maid in Houston.
Rivalry Announces Record Second Quarter 2022 Results
Rivalry, a leading sport betting and media property offering fully regulated online wagering on esports, traditional sports, and online casino gambling for the next generation of bettors, announced some pretty stunning numbers for this past quarter.
Ex-NBA Exec and Gambling Expert Wants to Take on Real Madrid and Barcelona With Newly Purchased Football Club
Plus another online gambling operator fined for anti-money laundering (AML) and social responsibility failings.
What Do All the Top Rated Online Sportsbooks Have In Common?
if you want to be one of the top-rated online sportsbooks, you'll need the right tools. Here's what the best in the business do.
Sportsbook Hold Percentage Rises to 9.8%
The US sportsbook gross hold percentage during the month of July was 9.8%. This represented one of the best months since sports betting became legalized in May of 2018. At that time the hold percentage was in the neighborhood of 7%.
$360 Million Spent on Dueling California Sports Betting Props So Far
Since June 30, some $16.5 million is being brought in to the state on a weekly basis. That number will surely increase as we inch closer to November.
CBS Sports Becomes a Dominating Force Among Sports Betting Affiliates
Plus KC AG wants fixes to sports betting, but Governor's office not happy it appears.
Is Bovada Legal in Georgia?
Bovada is accessible in the state of Georgia and licensed in the island nation of Antigua. The US Supreme Court in 2018 reversed decades of prohibition of sports wagering nationwide, however, Georgia lawmakers have little appetite for amending their own local laws. As such, we are not likely to see in-state licensed sportsbooks in Georgia any time soon.
Legendary Pro Bettor The Real Fats: “You Can’t Make a Good Bet, a Better Bet, by Making a Bad Bet!”
Plus how social gaming set Bryan Bennett up to succeed at Betfred with that gambling firm set to enter the Ohio sports betting market next year through a partnership with the Cincinnati Bengals.
Ray Lesniak's Book Tells Tale of How He Beat Feds Who Wanted to Ban Sports Betting
Lesniak, a shrewd attorney, knew that PASPA violated the U.S. Constitution—the Federal government can’t let one state have an industry but ban another state from having the same industry, in this case legal sports betting.
Advertising Rules Must Be Reviewed Before Sports Betting Can Move Forward in Kansas
The attorney general’s office approved three proposed regulations but returned others to the Kansas Lottery after “identifying specific shortcomings that must be remedied,” John Milburn, a spokesman for Attorney General Derek Schmidt, said in a news release Friday.
Entain Awarded Socially Responsible Operator of the Year Just Weeks Before £17mn Fine for Failing to Adhere to Social Responsibility
Prochaska, in his interview with the BBC, said he does not believe anything will change much. "I am worried that they and other operators in this industry see these fines as simply the cost of doing business."
FanDuel, DraftKings Scale Back on Marketing Ahead of New Football Season... With Some Exceptions
“I think what we’re seeing is, everyone is looking around going ‘Hang on, it’s gone too far,’” BetMGM Chief Executive Adam Greenblatt told the New York Post. “We need to make money. The market, frankly, is expecting us and others to make money.”
Penn National Agrees to Acquire Rest of Barstool Sports
Penn is buying the sports entertainment and gambling company outright, having already paid $163 million for a 36% prior ownership. This brings the valuation to $450 million.
Kansas Sports Betting by September 8, Entourage Actor Jerry Ferrara Joins the BetMGM Team
No word yet if retail or online sports betting, or both, are set to launch on that date.
"Cleansed" Offshore Sportsbooks Will Be Welcome in Newly Regulated Ontario Market
Plus Right Angle Sports looks at the pros and cons of modeling and power rating adjustments. And Catena Media Reports continued strength in North America mmid more restrictions elsewhere. Also: BetCRIS coming to the Hard Rock as SBC Summit Latinoamérica premium sponsor this November 1-3.
Cocca’s Pizza, Irish Bob’s Pub, Steel Valley Entertainment Among Dozen Plus to Get Sports Betting Licenses in Ohio
Some dozen venues just got approved by the Ohio Casino Control Commission in recent days, including pizzarias.
Entain Receives Historic £17mn Fine
The company has admitted wrongdoing though it appears to be shifting blame towards previous owners....and continues to do so three years later. Helen Thomas of the Financial Times calls them out.
NJ Sports Betting Handle Falls 16%
The New Jersey Division of Gaming Enforcement show that the casinos in total won just shy of $299 million from in-person gamblers, slightly more than the $277 million won pre-pandemic in July 2019.
What is Public Money vs Sharp Money in Sports Betting?
In this nearly 5 minute quick but informative vidoe, host Gary Segars walks bettors through the difference in Public Money and Sharp Money in sports gambling.
Charged Sportsbook Operator Accused of Extortion: “Tell Him I’m Going to Put Him Under the F------g Bridge"
8 New York crime family members are facing charges of racketeering, illegal gambling, money laundering conspiracy, obstruction of justice, and related offenses.
Can I Bet the Little League World Series on the Caesars Sportsbook App?
Caesars Sportsbook prohibits betting on youth events such as the Little League World Series. Other popular sportsbooks like long established BetOnline have zero qualms about taking bets on the Little League World Series and have already released odds for 2022 (Wed, Aug 17, 2022 – Sun, Aug 28, 2022).
What Are the Sports Betting Laws in USA and Canada?
When setting up a bookie business, you'll need to know the sports betting laws in depth. Here's a brief rundown on the laws in the USA and Canada.
What Are the Biggest Business Blunders Online Bookie Software Will Help Prevent?
As a bookie, mistakes can be costly. Having the right online bookie software can help minimize potential blunders. Here's how.
Massapequa Odds to Win the 2022 Little League World Series
Massapequa Coast is considered "America's Team" by some this year. They become the first Long Island team to go to the World Series since Rockville Centre in 1978. Better still, Massapequa has never played in the Little League World Series in its 72-year history.
Disney to Offer Sports Betting?
Activist investor Daniel Loeb’s Third Point hedge fund wants Disney to get more involved in sports betting. More specifically, he wants ESPN spun off.
Spank Odds Almost Ready to Go: Now Everyone Will Have Access to Pinnacle Line Moves
At one point this past month, Spank Odds was among the most searched for terms coming to the Gambling911.com website and its founder, Gadoon “Spanky” Kryollos, has been heavily promoting the free odds service via social media platforms such as Twitter.
Micro-Betting Explained: What Are the Sports Best Suited for This Wagering Model?
Speaking to iGaming NEXT, venture capitalist and managing partner of Sharp Alpha Advisors Lloyd Danzig said: “Soccer is a low-scoring game with a continuous clock, minimal stoppages, and far fewer discrete events as compared to the most popular US sports. Basketball, baseball, and American football appear to be especially well-suited for micro-betting.”
