Industry

USA Legal Betting

NBA, MLB, NHL Join Forces to Create New Responsible Gambling Ad Spot

Grant MitchellBy: Grant Mitchell
That’s the message shared in a new 30-second advertisement called “Never Know What’s Next.” The ad was created by the NBA, MLB, and NHL in partnership with online sportsbooks FanDuel, ESPN Bet, DraftKings, and Fanatics, as well as the National Council on Problem Gambling (NCPG).
11/21/2023
Industry
USA Legal Betting

ESPN Bet Introduces Brand-New Betting Feature During Online App Launch

Grant MitchellBy: Grant Mitchell
Most NFL bettors will be familiar with the anytime touchdown market, which deals with predicting which players will cross in the end zone during a game. ESPN Bet has expanded the market and added a “No” option to the anytime TD scorer market…
11/16/2023
Industry
USA Legal Betting

Disney, PENN Entertainment Launch Highly-Anticipated $2 Billion Project ESPN Bet

Grant MitchellBy: Grant Mitchell
The brand-new sportsbook is available in 17 states and comes with web, online, and mobile sports betting apps. It will also combine the traditional sports coverage and media content of ESPN with up-to-the-minute betting odds and sports wagering.
11/14/2023
Industry
USA Legal Betting

New York Sets American Record and Eclipses $2 Billion Monthly Handle

Grant MitchellBy: Grant Mitchell
The $2.01 billion figure presented a 30.5% year-to-year increase on the $1.54 billion total reported during October 2022. It was also 14.2% larger than the September betting handle and also set a record for gross gaming revenue during a single month.
11/13/2023
Industry
USA Legal Betting

NCAA President Wants Prop Betting Banned from College Sports, Other Reforms

Grant MitchellBy: Grant Mitchell
Baker said that prop bets, which allow bettors to predict whether a player will make more or less than a certain number of points, rebounds, assists, or any other statistic, should not be available for college sports. Despite that, many states with legal sports betting have college prop bets available at online sportsbooks.
11/09/2023
Industry
Draftkings

DraftKings Files Patent for “Progressive Parlays” Ahead of Big Announcement

Grant MitchellBy: Grant Mitchell
What are progressive parlays? That answer remains locked behind closed doors. However, DraftKings CEO Jason Robins hinted that a new feature would be coming for legal sports bettors on Nov. 14, and the company also recently filed for several other patents.
11/07/2023
Industry
USA Legal Betting

Mattress Mack Loses Out on $50 Million Sports Betting Win as Astros Lose ALCS

Grant MitchellBy: Grant Mitchell
McIngvale reportedly placed just under $8 million in total futures bets on the Astros, his hometown and favorite team, to win the World Series. That included a $1 million wager at +750 odds last week when the ‘Stros were in a 0-2 hole to the Texas Rangers.
10/24/2023
Industry
Draftkings

DraftKings Overtakes FanDuel as Leader in American Online Gambling

Grant MitchellBy: Grant Mitchell
A study by research company Eilers & Krejcik Gaming revealed that 31% of overall gross gaming revenue was tied to DraftKings, while only 30% was from FanDuel. That’s a dramatic shake-up considering that FanDuel has been the out-and-out leader for years and seemingly been beyond reproach.
10/23/2023
Industry
USA Legal Betting

Disney, PENN Targeting Mid-November Launch for New Sportsbook “ESPN Bet”

Grant MitchellBy: Grant Mitchell
The brand-new sportsbook will launch in 16 states and will combine traditional sports wagering with ESPN’s unique content offerings. PENN CEO Jay Snowden said that users will have the opportunity to submit their best “certainly before Thanksgiving.”
10/18/2023
Industry
Football news

49ers, Eagles Losses Inspire “Best Sunday of the Season” for Sportsbooks

Grant MitchellBy: Grant Mitchell
According to Ben Fawkes, several oddsmakers claimed their largest haul of the 2023 NFL season thanks to several key results, including losses by the San Francisco 49ers and Philadelphia Eagles. The Buffalo Bills also failed to cover a 15-point spread against the New York Giants on Sunday Night Football.
10/17/2023
Industry