Sportsbook News

Judge Rules Taking Bets From Grey Market No Big Deal

Judge Rules Taking Bets From Grey Market No Big Deal

New York federal district court judge Paul A. Engelmayer has ruled that it is fine for an online sportsbook to take bets from so-called "grey areas" just as long as the business discloses they did so and that information is accurate.

Submitted by Frank Doyle on, May/23/2023

Online Sports Betting vs. Daily Fantasy Sports: What's the Difference?

Online Sports Betting vs. Daily Fantasy Sports: What's the Difference?

A recent debate may be riveting and contain some valid points but, as one industry operator recently said, it all comes down to sites like PrizePicks being smart enough to offer a sports betting-like product that doesn't require sportsbook licensing.

Submitted by Gilbert Horowitz on, May/23/2023

They Are Dropping Like Flies at the Kindred Group

Mass exodus reported as CCO and CMO will leave the company in the autumn.  They follow other top executives out the door.

Submitted by Jagajeet Chiba on, May/23/2023

Concerns Mount Over Ability to Access 5Dimes Funds After May 29

Concerns Mount Over Ability to Access 5Dimes Funds After May 29

5Dimes announced on Monday it will be pulling out of the European betting market entirely. 

Submitted by Frank Doyle on, May/23/2023

Maine Gambling Control Unit Official: Calls Women 'Bitches', Defends White Nationalists

Maine Gambling Control Unit Official: Calls Women 'Bitches', Defends White Nationalists

Milt Champion, head of the Gambling Control Unit in Maine, has been suspended after posting some insensitive comments pertaining to women and African Americans.

Submitted by Jagajeet Chiba on, May/22/2023

5Dimes Shuts Down its European Market

5Dimes Shuts Down its European Market

5Dimes will stop accepting wagers effective Monday May 29 at 11:59 pm EST. 

Submitted by Frank Doyle on, May/22/2023

Former State Trooper Who Tipped Off Illegal Sports Betting Ring Pleads Guilty

Former State Trooper Who Tipped Off Illegal Sports Betting Ring Pleads Guilty

Seven individuals were charged in January for their role in running the business.  It is alleged to have taken in millions of dollars over a multi-year period as part of a 48-page complaint. 

Submitted by Frank Doyle on, May/22/2023

Maryland Looks to Require Handicappers, Influencers to Back Their Records

Maryland Looks to Require Handicappers, Influencers to Back Their Records

Plus UK lawmakers call for cryptocurrency trading to be regulated.  They want the market to be treated as gambling.

Submitted by Gilbert Horowitz on, May/22/2023

Screw the Gamblers Series - Part 1 - DraftKings CEO Details Master Plan

In this newly launched series, Gambling911.com details ways in which gambling firms routinely try to screw over their own customers.  Witness in Part 1 of this series, DraftKings CEO, Jason Robins, speaking at the recent Moffett Nathanson's Technology, Media, and Telecom Conference.  His focus: The pursuit of higher hold rates....at the expense of customers.

Submitted by Alejandro Botticelli on, May/20/2023

Law Enforcement Detail Sportsbook Customer Account Hackings

Law Enforcement Detail Sportsbook Customer Account Hackings

The defendant had at least three co-conspirators with 30 of the compromised betting accounts are located within the Southern District of New York.

Submitted by C Costigan on, May/19/2023

PointsBet Tweets Out Leaked Doc 'From NBA' Purporting to Show Upcoming Game Outcomes

PointsBet Shows Leaked Doc 'From NBA' Shows Upcoming Game Outcomes

Nikola Jokic to score 40 point triple double in Game 3 win 5/20/23 (please refer to NBA Referees Game Flow Management document).

Submitted by Nagesh Rath on, May/18/2023

Man Charged With Hacking Into DraftKings Accounts This Past November

Federal prosecutors on Thursday announced criminal charges against an 18-year-old Wisconsin man as part of an alleged scheme to hack user accounts for the sports betting website DraftKings.

Submitted by C Costigan on, May/18/2023

The Clown Files: Fanatics Free Bet When You Buy Their Merchandise.... What Can Possibly Go Wrong??

Somewhere a village is missing its idiot.  Has anyone called the Fanatics marketing office yet?

Submitted by Jagajeet Chiba on, May/18/2023

Harnessing the Powers of AI and Blockchain: Bookmakers Can't Afford to Go Without CombatIQ

An automated system works in place of a person who identifies certain components of a fight such as the number of strikes on the ground.

Submitted by C Costigan on, May/18/2023

Pat McAfee Walking Away From His $120M FanDuel Contract to Join ESPN

Pat McAfee is walking away from his FanDuel contract, worth $120 million, and walking into an ESPN contract that exceeds "eight figures" annually, the exact amount is not yet disclosed.  McAfee was only in the second year of his four year contract with FanDuel.

Submitted by Gilbert Horowitz on, May/17/2023

Sportsbooks Should Consider CombatIQ Now

Sportsbook Should Consider CombatIQ Now

It's time for online sportsbooks to fully embrace the blockchain, or be left out in the cold.

Submitted by Aaron Goldstein on, May/17/2023

Indiana Sports Betting: Sites and Selection Criteria

Indiana Sports Betting: Sites and Selection Criteria

Time to place bets on Indiana sports! Pacers, Fever, Indians, or Colts fans can find the most reputable and licensed sites to place bets securely. In this article, we will discuss Indiana sports betting sites and factors to consider when choosing them. Ready? Let's dive in!

Submitted by Gilbert Horowitz on, May/17/2023

Can't Use Betway From Kenya Any More: What Happened?

This move will be painful for affiliates who have worked extra hard over the years to promote Betway in a marketplace that requires customer volume several times that of Europe or North America....and without any notice.

Submitted by Gilbert Horowitz on, May/16/2023

How to Choose the Right Sportsbook

Choosing the right sportsbook should be like picking the winning team in sports betting, not just a reaction to an ad you come across on the internet or on television.  Just as athletes train relentless to achieve greatness, bettors (punters) must invest their time wisely to find the perfect sportsbook match

Submitted by B.E.Delmer on, May/16/2023

Fanatics Acquisition of PointsBet as Latter Feared "Hemorrhaging Money" in US

Are the Saudis getting into online sports betting?

Submitted by Gilbert Horowitz on, May/15/2023

This Year's SBC Awards Were the Most Ludicrous Ever: Entain 'Most Socially Responsible' Again?

This Year's SBC Awards Were the Most Ludricous Ever

FanDuel, the premium sponsor of this awards show, received "Best Sportsbook of the Year" and "Best Sponsor"?

Submitted by Jagajeet Chiba on, May/13/2023

Sports Betting Measure in Texas Advances....Deadline is TODAY...Zero Percent Chance of Passing

Sports Betting Measure in Texas Advances....Deadline is TODAY

Could sports betting finally be coming to Texas?  Probably not.  But there is still reason to be somewhat optimistic for the future at least.

Submitted by Jagajeet Chiba on, May/11/2023

Colorado Rapids Soccer Player Suspended for Alleged Role in Global Match Fixing Scheme

Brazil prosecutors charge 16 in the alleged football match-fixing scheme with the Rapids midfielder's name appearing in court documents.

Submitted by Ean Lamb on, May/11/2023

Sports betting Bill Under Negotiation in Minnesota

The Senate State and Local Government and Veterans Committee advanced an amended MN sports betting bill, SF 1949, Wednesday, 8-5.  But will that be enough to support the race track industry?

Submitted by Gilbert Horowitz on, May/10/2023

Is DraftKings Sportsbook Available in Arizona?

While the DraftKings sportsbook app is available from the state of Arizona, it's HORSE racing app is NOT.  If you are looking to bet on horses, be sure to check out BetOnline here.  They offer 9% daily rebates to those 18 and up.

Submitted by Gilbert Horowitz on, May/10/2023

Sports Betting Can Lead to Success in Bed Ad Claims, Regulators Call it Breach of Conduct

Sports Betting Can Lead to Success in Bed Ad Claims, Regulators Call it Breach of Conduct

“The panel determined that the advertisement did state or imply a link between wagering and sexual success or enhanced attractiveness and determined that the advertisement did breach … the wagering code,” an Ad Standards judgment said.

Submitted by Gilbert Horowitz on, May/10/2023

Betr Acquires Chameleon Platform from FansUnite

"This is a transformational transaction for Betr that enables Betr Gaming to fully control our ability to execute against our core strategy, while also capturing a material amount of gross margin for our business model."

Submitted by Gilbert Horowitz on, May/09/2023

No Evidence of Match Fixing in Iowa Schools Betting Probe

A number of Iowa baseball players were suspended for a three-game series against Ohio State in Iowa over the weekend.

Submitted by Gilbert Horowitz on, May/09/2023

Iowa Hawkeyes, ISU Cyclones Betting Probe Underway: More Than Just Baseball

Iowa Hawkeyes, ISU Cyclones Betting Probe Underway: More Than Just Baseball

26 current student-athletes from baseball, football, men’s basketball, men’s track and field, and men's wrestling, as well as one full-time employee of the UI Department of Athletics are under investigation by the Iowa Racing and Gaming Commission.

Submitted by C Costigan on, May/09/2023

Do I Need to Provide My Social Security Number When Opening a Betting Account at FanDuel?

Providing the last four digits of your social security number is one thing you need to think good and hard about.  If you can't trust the source requesting it, that's a big flashing "SORRY NO" right there. 

Submitted by C Costigan on, May/05/2023

Breaking News