Sportsbook News
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.”
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.
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.
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.
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.
CEO Jason Robins: "DraftKings Inc. Didn’t Come About on the First Try, or Even the Second or Third"
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.
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.
Bovada.LV Downgraded to a D- By Sports Book Review From an A+?
Since shifting to a U.S. regulated sportsbook focused market, SportsBookReview has apparently lost its love for Bovada.lv....in a big way.
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.
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.
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.
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.
Kroger to Allow Sports Betting
Supermarket chain has applied for a sports betting license in this U.S. state.....
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.
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.