Industry

GuardDog will help identify and fund solutions dedicated to creating and cultivating responsible gambling. It will focus primarily on the technological space but will also offer mentorship from a variety of high-ranking individuals in the legal sports betting industry.

The belief is that over $80 million was wagered on the outcome, which means that Mahomes’ decision to slide instead of taking the open path into the end zone likely won the books tens of millions of dollars.

The new system will integrate live streaming with betting slips and a variety of statistical information to create a holistic experience for bettors. Customers will be allowed to place bets from the live-stream player inside their favorite online sportsbook or mobile betting app.

A handful of savvy NFL bettors were rewarded for their confidence in Week 2 when a +20000 pre-made parlay cashed. FanDuel sportsbook offered a deal where, if a player from every team in the 1:00 p.m., 4:05 p.m., and 4:25 p.m. games made a field goal, they would win 200x their stake.

The Division of Gaming Enforcement revealed that legal sportsbooks in The Garden State produced $96 million in revenue, a 47.1% year-to-year increase. DraftKings was the leader of all sportsbooks with $56.9 million in revenue, more than 50% of the state’s overall total and FanDuel’s revenue of $25.7 million.

According to geo-tracking company GeoComply, 242.3 million unique transactions were processed across the country’s legal sports betting jurisdictions. That represented a 56% year-to-year increase and, unsurprisingly, was the most active recent period for sportsbooks.

However, the nature of the 9/11 parlay—which it called “Never Forget”—was seen as distasteful by many DraftKings users. Social media was flooded with posts shaming and disavowing the decision to publish the bet.

Known by many for its partnership with rapper and entertainer Drake, Stake reported $16 million worth of withdrawals in Ethereum, Tether, USD Coin and DAI Monday morning, per Web3 security firm Cyvers. Crypto sleuth ZachXBT corroborated the report and also revealed another $25 million had been lost on Polygon and the Binance Smart Chain.

For Fanatics, “Dress for success” is simply another tool it is using to promote its sportsbook, as the company is offering up to $150 for first-time customers who wager at least $50 using their sports betting platform.

Even though South Park and Friends are in no shape or form related to sports, they were more popular landing spots for sports betting companies’ ads than the PGA Tour and SportsCenter, which… averaged 745,000 viewers during the first six months of 2023.