Sportsbook News

Bloodbath Continues for BetMGM, Entain

Bloodbath Continues for BetMGM, Entain

MGM, one of the biggest players in the world's gambling industry, has lost $71 million courtesy of its US-based sports betting app BetMGM between the months of April and June of this year.

Submitted by Aaron Goldstein on, Aug/05/2022

DraftKings Beats Both its Consensus EPS and Revenue Estimates for Q2

DraftKings Beats Both its Consensus EPS and Revenue Estimates for Q2

The U.S. sports betting company shined in Friday's released earnings report with its share price up 16.56% on the news.

Submitted by Aaron Goldstein on, Aug/05/2022

DraftKings to Report Earnings on Friday

DraftKings to Report Earnings on Friday

Estimates calling for an adjusted loss of $0.82 per share on revenue of $438.3 million.

Submitted by C Costigan on, Aug/04/2022

SBC Barcelona Summit 2022: Conflicts, Contrasts & New Opportunities

SBC Barcelona Summit 2022: Conflicts, Contrasts & New Opportunities

Plus: $30K standard app limit on the preseason Hall of Fame game at Circa Sports, and Washington Commanders apply for sports betting license.

Submitted by C Costigan on, Aug/04/2022

What Will Be the Tax for Massachusetts Sports Betting?

What Will Be the Tax for Massachusetts Sports Betting?

Massachusetts gamblers will be taxed on sports bet winnings the same way they are on other gambling income. This means a 24% federal tax and 5% state tax.

Submitted by Gilbert Horowitz on, Aug/04/2022

Learn How to Optimise the Payment Journey and Navigate Compliance Standards in Online Gambling

The "Payments and Compliance Zone"  is the perfect space to engage with operator Heads of Payments, Responsible Gambling Managers and Compliance Directors, connect with financial institutions and meet safer-gambling specialists.

The "Payments and Compliance Zone"  is the perfect space to engage with operator Heads of Payments, Responsible Gambling Managers and Compliance Directors, connect with financial institutions and meet safer-gambling specialists.

Submitted by Press Release on, Aug/04/2022

Bovada.lv Down: When Will the Website Be Back Up? (Back Up)

The Bovada.lv website was down as of Wednesday morning heading into the afternoon hours.  The site claims it is undergoing "routine maintenance".   Its sister casino site, Ignition, was also down.

Submitted by Gilbert Horowitz on, Aug/03/2022

Advertising Standards Authority Continues its Crackdown With Two Sportsbooks Ads Banned

 Advertising Standards Authority Continues its Crackdown With Two Sportsbooks Ads Banned

A Coral ad featuring "excited spectators at a horse race accompanied by a dramatic soundtrack" has been pulled from the airwaves.

Submitted by Jagajeet Chiba on, Aug/02/2022

Ace Per Head's Bookie Software Boasts Robust Security Measures For Safe Online Betting

The pay per head software provider boasts over 20 years of versatile betting options for bookie sites of all sizes.

Submitted by C Costigan on, Aug/02/2022

Online Side Jobs for Students

Online Side Jobs for Students

Being a student during a tough economy is difficult, but luckily with all the technology in the world there are now various online side job options for students. One unique option that also has tons of upside for lucrative profits is to become an online bookie. In addition, you can be your own boss, and need limited capital and time to be successful.

Submitted by C Costigan on, Aug/02/2022

Bookie Software: Top Pay Per Head Service

Bookie Software: Top Pay Per Head Service

It is important to choose the best sports betting software that will offer a quality user experience. Read about bookie software: Top pay per head service.

Submitted by C Costigan on, Aug/02/2022

BetMGM Ending Promos in States is Killing Affiliates

As anticipated, the high tax rates in places like Pennsylvania are now taking their toll on the books that operate there.  BetMGM is no exception and this week they opted to halt their promo offers there and in New Jersey.  In all other states, BetMGM will be stopping their "Bet and Get" promo.

Submitted by C Costigan on, Aug/01/2022

Spank Odds Consensus Line Feature Explained: Like Making Soup

Spank Odds Consensus Line Feature Explained: Like Making Soup

"YOU set the weights and make your own soup," he tweeted.  "Depending on sport, some sportsbooks are sharper than others."

Submitted by Ean Lamb on, Aug/01/2022

Changing Your Pay Per Head - How Fast Can This Happen?

Changing Your Pay Per Head - How Fast Can This Happen?

If you are looking to switch your Pay Per Head provider, the process typically takes under an hour.

Submitted by Gilbert Horowitz on, Jul/31/2022

Fox Bet Sportsbook Closing: It's Now Official (Statement Released)

Phased closure to begin July 31 and continue through August 31.

Submitted by Aaron Goldstein on, Jul/30/2022

UFC 277: Pena Poses Liability

UFC 277: Pena Poses Liability

"While the majority of the money is on Nunes (60.4%) it's not as lopsided of betting split as we usually see with these title fights where there is a sizable favorite," Dave Mason, BetOnline’s Brand Manager, said. "We have a lot of professional bettors backing Pena in this position, and we'll take it on the chin if she pulls off the upset."

Submitted by C Costigan on, Jul/30/2022

Belgium Will Prohibit Most Gambling Ads

Belgium Will Prohibit Most Gambling Ads

If you have been following the news, you must have heard about Belgium planning to remove gambling ads from every nook and corner of the country by the end of 2022. If you haven’t yet, you have come to the right place to find out all about it. Take a look at our list online casino Belgium 2022 to learn more.

Submitted by Payton on, Jul/29/2022

Over, Under Strategies for Sports Bettors, The Latest Sportsbook Technology for Bookies, More

Over, Under Strategies for Sports Bettors, The Latest Sportsbook Technology for Bookies, More

Plus Pay Per Head companies already offering a form of Virtual Reality gaming courtesy of the live dealer casino.

Submitted by B.E.Delmer on, Jul/29/2022

Sportradar's US Head of Government Affairs Talks Massachusetts Sports Betting Passaage Deadline Sunday, More

Sportradar's US Head of Government Affairs Talks Massachusetts Sports Betting Passaage Deadline

Iden is bearish on the prospects of either two sports betting referendums passing in California, and explains why.

Submitted by Gilbert Horowitz on, Jul/28/2022

Is Bovada Legal to Bet With From Indiana?

Is Bovada Legal to Bet With From Indiana?

Even with Indiana operating state-based apps, Bovada is accessible from the state.  The only difference between it and those other sites like DraftKings and FanDuel is that Bovada is not regulated or licensed in Indiana and it cannot offer an app.  Bovada is one of a number of sports betting sites that have chosen to continue operating in the Hoosier State. 

Submitted by Mary Montgomery on, Jul/27/2022

When Will U.S. Legal Sportsbooks Stop Posting Losses?

When Will U.S. Legal Sportsbooks Stop Posting Losses?

The airline industry might provide a glimpse of what's to come in the U.S. sports betting space.

Submitted by C Costigan on, Jul/27/2022

Kindred Group Plc Reports Frustrating Quarterly Trading Period, Blames ‘KOA’ Remote Gambling Act

Kindred Group Plc Reports Frustrating Quarterly Trading Period, Blames ‘KOA’ Remote Gambling Act

Plus a United Auto Workers Treasurer has been sentenced to 5 years behind bars for embezzlement to support gambling habit.

Submitted by Aaron Goldstein on, Jul/27/2022

Can I Use My Mobile Device to Bet With Bovada From Oklahoma?

Can I Use My Mobile Device to Bet With Bovada From Oklahoma?

Bovada is accessible from the great state of Oklahoma, but have you tried our friends at BetAdrian?  They are offering a 150% bonus on what you open your betting account with (e.g. open with $500, get a FREE $750).

Submitted by Don Shapiro on, Jul/27/2022

Sports Betting Strategy: What is a Sports Bookie?

Sports Betting Strategy: What is a Sports Bookie?

What do you know about the role of a sports bookie? Learn about placing bets along with sports betting strategy here in this rundown.

Submitted by C Costigan on, Jul/27/2022

5 Tips for How To Become a Bookie

5 Tips for How To Become a Bookie

Are you interested in learning about how to become a bookie? Learn about setting lines, establishing your fees, and more in this guide.

Submitted by C Costigan on, Jul/27/2022

Kiosk Sports Betting is Potentially Coming to Over a Thousand Locations in Ohio

Kiosk Sports Betting is Potentially Coming to Over a Thousand Locations in Ohio

Despite the large number of applicants, regulators made it clear last week that there won’t be rubber-stamped for sports betting applicants in Ohio.

Submitted by Gilbert Horowitz on, Jul/26/2022

Jets 2022-2023 Futures Have Strong Backing From Bettors

Jets 2022-2023 Futures Have Strong Backing From Bettors

Plus the BetOnline $500,000 NFL MegaContest is now open for registration. 

Submitted by Ean Lamb on, Jul/25/2022

Chase Elliott's Win by Disqualification Leads to Confusion in Betting World: Different Rules for Different Books

Chase Elliott's Win by Disqualification Leads to Controversy in Betting World

Denny Hamlin crossed the finish line first at Pocono.  Later on, he and second-place finisher Kyle Busch had been disqualified after a post-race inspection.

Submitted by Ean Lamb on, Jul/25/2022

SBC Summit North America Sets New Attendance Record Following a Successful Event

SBC Summit North America Sets New Attendance Record Following a Successful Event

This month's event set a new standard as it returned bigger and stronger, with a record number of delegates and exhibitors gathering at the Meadowlands Exposition Center in New Jersey to meet existing and new clients and exchange ideas with industry peers.

Submitted by Press Release on, Jul/25/2022

FanDuel To Create 24/7 Sports Betting Network

FanDuel To Create 24/7 Sports Betting Network

The platform in some ways resembles ESPN with: TVG becoming FanDuel TV, TVG2 becoming FanDuel Racing and The TVG OTT app would become FanDuel +

Submitted by Gilbert Horowitz on, Jul/24/2022

Breaking News

U.S. Online Gambling Losses to Surpass $1 Trillion by 2028, Group Says

U.S. lawmakers and government regulators "cannot continue to rely on the theory of responsible gambling, which shifts the burden of harm prevention onto individuals," Derek Webb, founder and chief funder of the California-based Campaign for Fairer Gambling, said Wednesday in a release.