News

USA Legal Betting

BetMGM Maryland Fined $146k for Accepting Bets Before Online Market Launch

Grant MitchellBy: Grant Mitchell
The state’s regulations prohibited sportsbooks from collecting wagers online before the November 23 deadline. According to the Maryland State Lottery & Gaming Control Agency, BetMGM failed to respect those rules and was subsequently punished with a hefty fine.
12/22/2022
News
USA Legal Betting

BetMGM Springfield Granted Second Massachusetts Sports Betting License

Grant MitchellBy: Grant Mitchell
Monday’s meeting was the second time the regulator had been over the casino’s Category 1 license application. They previously expressed frustration with how closely the application was linked to that of its mobile betting partner, BetMGM, but this time awarded the license.
12/21/2022
News
USA Legal Betting

FanDuel Bettor Wins a $557k Seven-Leg Parlay if France Wins the World Cup

Grant MitchellBy: Grant Mitchell
Six of his seven predictions have already hit—the final pick remaining is France to win the World Cup, which will be decided in the final match versus Argentina this Sunday. FanDuel has both teams at exactly -108 odds to win at the time of writing.
12/19/2022
News
USA Legal Betting

Mattress Mack Places $1 Million Bet at Horseshoe Lake Charles Opening

Grant MitchellBy: Grant Mitchell
The Horseshoe chain of casinos is owned by Caesars Entertainment Inc., a favorite of Mattress Mack’s. His bet—at eight-to-one odds—was on the No. 5 Houston Cougars to win the NCAA Tournament in spring 2023.
12/15/2022
News
Online Sports Betting back on the table for New York

New York Sportsbooks Reports Another Monthly Revenue Record for November

Grant MitchellBy: Grant Mitchell
New York sportsbooks brought in $148.2 million of revenue, a 1.7% increase on the $145.7 million total earned in October. New Yorkers also wagered roughly $1.56 million, up from October’s $1.54 billion total.
12/14/2022
News
Texas Flag

Former Longtime Texas Governor Rick Perry Endorses Sports Betting in Texas

Grant MitchellBy: Grant Mitchell
Perry’s newfound support for sports betting is a surprise to those who kept up with his political career. The longtime servant to Texans voted against gambling expansion in 1986 and expressed anti-gambling sentiments in a letter to Congress in 2014.
12/14/2022
News
USA Legal Betting

Massachusetts Gaming Commission Stalls Vote on MGM Springfield License

Grant MitchellBy: Grant Mitchell
The Massachusetts Gaming Commission Delayed a vote on the future of a sports betting license for MGM Springfield, a local casino, due to copious references to a BetMGM application that is also pending review from the commission.
12/08/2022
News
New York State Approves Limited Casino Sports Betting

Rap Icon and Businessman Jay-Z Joins Investment Group for New York Casino

Grant MitchellBy: Grant Mitchell
Carter and his team announced their alliance during SL Green’s annual investors conference Monday. The group plans to build a boutique-style casino at 1515 Broadway office tower, a property already owned by the real estate company.
12/06/2022
Casino News
NFL News

Team USA’s Success in FIFA World Cup Bodes Well for Sports Betting Future

Grant MitchellBy: Grant Mitchell
Buried behind the performances of Team USA was the decisive victory for the sports betting industry. With the next World Cup set to take place in a host of North American cities, the presence of soccer betting is here to stay.
12/05/2022
News
Mobile Betting

Sports Betting Agencies Controversially Partnering with College Campuses

Grant MitchellBy: Grant Mitchell
Sportsbooks have partnered with US college campuses as sports betting has grown, but industry experts are concerned that exposing minors to gambling could have long-term consequences. As a result, Legislators are currently creating new regulations to limit the impact of gambling on minors, and operators have been kept on the lookout for these partnerships.
12/04/2022
News