Sportsbook News

FanDuel, DraftKings Scale Back on Marketing Ahead of New Football Season... With Some Exceptions

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.”

Submitted by C Costigan on, Aug/19/2022

Penn National Agrees to Acquire Rest of Barstool Sports

Penn National Agrees to Pay $387 Million More to Buy the Remaining 50% 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.

Submitted by Gilbert Horowitz on, Aug/18/2022

Kansas Sports Betting by September 8, Entourage Actor Jerry Ferrara Joins the BetMGM Team

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.

Submitted by Aaron Goldstein on, Aug/18/2022

"Cleansed" Offshore Sportsbooks Will Be Welcome in Newly Regulated Ontario Market

"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.

Submitted by Aaron Goldstein on, Aug/18/2022

Cocca’s Pizza, Irish Bob’s Pub, Steel Valley Entertainment Among Dozen Plus to Get Sports Betting Licenses in Ohio

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.

Submitted by Aaron Goldstein on, Aug/18/2022

Entain Receives Historic £17mn Fine

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.

Submitted by Jagajeet Chiba on, Aug/17/2022

NJ Sports Betting Handle Falls 16%

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.

Submitted by Gilbert Horowitz on, Aug/17/2022

What is Public Money vs Sharp Money in Sports Betting?

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.

Submitted by Don Shapiro on, Aug/17/2022

Charged Sportsbook Operator Accused of Extortion: “Tell Him I’m Going to Put Him Under the F------g Bridge"

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.

Submitted by Jagajeet Chiba on, Aug/17/2022

Can I Bet the Little League World Series on the Caesars Sportsbook App?

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).

Submitted by Ean Lamb on, Aug/16/2022

What Are the Sports Betting Laws in USA and Canada?

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.

Submitted by C Costigan on, Aug/16/2022

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.

Submitted by C Costigan on, Aug/16/2022

Massapequa Odds to Win the 2022 Little League World Series

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.

Submitted by Ean Lamb on, Aug/16/2022

Disney to Offer Sports Betting?

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.

Submitted by Jagajeet Chiba on, Aug/16/2022

Spank Odds Almost Ready to Go: Now Everyone Will Have Access to Pinnacle Line Moves

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.

Submitted by C Costigan on, Aug/16/2022

Micro-Betting Explained: What Are the Sports Best Suited for This Wagering Model?

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.”

Submitted by Aaron Goldstein on, Aug/15/2022

Weltbet and Rolletto.com Complaints: Do They Have Merit?

"Just a heads up for anyone thinking of promoting WeltBet or Rolletto.com - Don't," warns Head of Operations at Traffic Label Limited, Phil Blackwell, via his LinkedIn Page.

Submitted by B.E.Delmer on, Aug/14/2022

What Will Be the Tax for Ohio Sports Betting?

What Will Be the Tax for Ohio Sports Betting?

Everyone looks forward to sports betting becoming regulated in the state of Ohio some time in early 2023, perhaps in time for bets on the Buckeyes assuming they make the Playoffs.

Submitted by Gilbert Horowitz on, Aug/14/2022

MLB Becomes First Major Sports League to Support Sports Betting Initiative in California

MLB Becomes First Major Sports League to Support Sports Betting Initiative in California

The MLB supports Prop 27, one of two referendums appearing on the November ballot.  Prop 27 would make it lawful to operate mobile sports betting in the state.

Submitted by Gilbert Horowitz on, Aug/14/2022

Why You Need a Price Per Player Sportsbook Software

Why You Need a Price Per Player Sportsbook Software

A price per player sportsbook software typically charges $5 and up per player per week while offering everything from odds, live betting, full reporting, 24-7 customer service and even a live dealer online casino.

Submitted by Aaron Goldstein on, Aug/12/2022

CEO Jason Robins: "DraftKings Inc. Didn’t Come About on the First Try, or Even the Second or Third"

CEO Jason Robins: "DraftKings Inc. Didn’t Come About on the First Try"

In an incredibly candid post on LinkedIn Thursday, DraftKings CEO admitted that the company took some time to come to fruition.  Its DNA can be found at, of all places, Vistaprint.

Submitted by Alejandro Botticelli on, Aug/11/2022

DOJ Charges Vegas Man With Operating Sports Betting Ponzi Scheme, Stealing $8.5 Million from Victims

The defendant was officially charged with 12 counts of wire fraud and one count of mail fraud and involves approximately 72 investors in the Northern District of Ohio and elsewhere.

Submitted by Jagajeet Chiba on, Aug/11/2022

Bovada.LV Downgraded to a D- By Sports Book Review From an A+?

Bovada.LV Downgraded to a D- By Sports Book Review?

Since shifting to a U.S. regulated sportsbook focused market, SportsBookReview has apparently lost its love for Bovada.lv....in a big way.

Submitted by C Costigan on, Aug/11/2022

FanDuel Hopes to Access Nevada Sports Betting Market, Mass Gov Signs Bill Into Law

FanDuel Hopes to Access Nevada Sports Betting Market, Mass Gov Signs Bill Into Law

Plus Entain keeps post-H1 consensus ahead of critical portfolio refresh.

Submitted by Aaron Goldstein on, Aug/11/2022

This 2022 Week 1 College Football Game Has Yet to See a Single Bet on the Total

This 2022 Week 1 College Football Game Has Yet to See a Single Bet on the Total

Dave Mason of BetOnline disclosed this week that there was only one total out of all bets (spreads and totals) offered for Week 1 of the 2022 college football season that had yet to receive any action.

Submitted by Don Shapiro on, Aug/11/2022

Poker Legend Molly Bloom to Host €10,000 'Molly's Game' at SBC Summit Barcelona

Poker Legend Molly Bloom to Host €10,000 'Molly's Game' at SBC Summit Barcelona

The real life author and organiser of high-stakes celebrity poker games that inspired the film "Molly's Game" will be delivering a keynote speech and host an exclusive €10,000 invitational poker tournament.

Submitted by Ace King on, Aug/11/2022

Catena Anticipates Job Cuts in Europe

Catena Anticipates Job Cuts in Europe

The company announced that it is expanding the strategic review it initiated on 20 May to its entire European online sports betting and casino affiliation business.

Submitted by Aaron Goldstein on, Aug/10/2022

Kroger to Allow Sports Betting

Supermarket chain has applied for a sports betting license in this U.S. state.....

Submitted by Jagajeet Chiba on, Aug/10/2022

Custom Tabs At SpankOdds, The MMA Has a Judging Problem in Texas, And Feds Reviewing Wisconsin Sports Betting

"Open scoring doesn’t solve judging problems in mma or boxing. People just don’t see things the same and/or they have bias in their scoring for countless reasons," Oddessa noted in regard to the MMA judging concerns.

Submitted by Don Shapiro on, Aug/10/2022

GA Candidate for Governor Stacey Abrams: "It's time to Legalize Casino Gambling and Sports Betting"

GA Candidate for Governor Stacey Abrams: "It's time to Legalize Casino Gambling and Sports Betting"

Stacey Abrams is the 3-1 underdog to win against incumbent Republican Brian Kemp.

Submitted by Gilbert Horowitz on, Aug/09/2022

Breaking News

Online Slots With The Highest Payout Rates

If you are into online casino slots, don’t just play any games you stumble across after you open the lobby. Also, choosing an online slot by design or theme is not a good idea. If you want to not only have fun playing but also hit some wins, make sure you choose the right games.

How to Withdraw Funds From Online Casinos?

Navigating the world of online gambling, especially when it comes to withdrawing your winnings, can seem daunting at first. However, with the right knowledge and understanding, the process can be smooth and secure.