Industry

The MGC met Monday to discuss the action of DraftKings, which is headquartered in Boston, which involved the acceptance of hundreds of different bets worth nearly $8,000 on the UTR Pro Tennis Tour. This event is not on the approved catalog that was released by the MGC and is therefore illegal for operators.

Foxx partnered with BetMGM, a famous gambling and legal sports betting leader, in 2020 and starred as the face of their “King of Sportsbooks” campaign. The move was a response to a slew of stars and celebrities signing with different gambling companies amid the rise of American sports betting.

In addition to the 175 violations, Baker said that roughly 0.25% of the NCAA’s estimated 13,000 sporting events were flagged for suspicious betting activity, and that “a much smaller percentage have specific, actionable information.”

America’s top two operators are responsible for roughly three-fourths of the entire online betting handle, according to investment banking firm Jefferies. BetMGM is next in line with 9%, which is still a fair distance behind FanDuel (45%) and DraftKings (30%). Caesars, the fourth of the “Big Four” operators, is around 6%.

The new partnership will see the pair join forces to provide micro-betting services to golf bettors, such as whether the next drive will land in the fairway or rough, or if a golfer will make their next putt. Simplebet will disseminate real-time data and information to legal U.S. sportsbooks to give players up-to-the-second betting access.

According to Sports Illustrated, Bert Eugene Neff Jr., a friend of ex-Bama coach Brad Bohannon, attempted to wager more than $100,000 that eventual national champion LSU would beat the Crimson Tide. Employees at the BetMGM Sportsbook at Great American Ballpark in Cincinnati, Ohio blocked the wager.

The family of the deceased, whose name is Dwan White Owl, is requisitioning an explanation as to why the woman, was ignored during the come-down from her fentanyl high. The woman was also placed in the same cell as her daughter, Danitra Warpaint, who said that she requested medical assistance from the moment they arrived at the prison.

However, it recently came to light that Nomura Securities International—the company that helped Mayor Lori Lightfoot solicit licensees for the project—had a serious financial incentive to select Bally’s thereby muddying the license awarding process, according to a Chicago Sun-Times investigation.

The Cubs and the sports betting giant initially signed a $100 million partnership in September 2020, at which time plans for a future sportsbook were circulated. Although it took years for the idea to coalesce, the Cubs were the first team to announce its intent to construct a sportsbook connected to their home field.

A bevy of research led to the revelation of key bits of information at the FSGA Summer Conference in Cleveland, Ohio last week. Among the important notes were that sports gamblers are becoming increasingly selective with their betting channels, offshore sportsbooks are declining, and online sportsbooks are dominating.