Sports News
The AGA Estimates $15.5 Billion Will be Wagered During March Madness
By: Grant MitchellThe popularity of bracket-filling is not lost on the AGA either. According to the survey, an estimated 56.3 million people plan to participate in a bracket contest while 31 million Americans will bet online with a sportsbook and another 21.5 million will exchange wagers casually with friends.
03/14/2023
NewsWWE Seeking Approval in Two States for Legal Betting on Planned Fight Outcomes
By: Grant MitchellThe company is collaborating with accounting firm Ernst & Young (EY) to ensure that results of the matches cannot be prematurely leaked to the public. All WWE results are determined beforehand, meaning that the matches are effectively uncompetitive despite being branded as professional wrestling.
03/13/2023
NewsKentucky Republican Gubernatorial Candidates Show Support for Sports Betting
By: Grant MitchellThree three figures in question are Kentucky Attorney General Daniel Cameron, Agriculture Commissioner Ryan Quarles, and Somerset Mayor Alan Keck. All agreed that sports betting’s increasing popularity has led to the rise of illegal gambling markets that the state should take control over.
03/09/2023
NewsOhio Becomes Fifth State With Sports Betting Handle Above $1 Billion
By: Grant MitchellThe Ohio Casino Control Commission (OCCC) revealed the final figures Tuesday. In addition to the massive handle, sportsbooks combined to earn $208.9 million in revenue. The 16 online operators produced $205 million of that total, compared to $3.2 million in revenue at 14 local sportsbooks.
03/01/2023
NewsNew York Commission Approves Tighter Sports Betting Advertising Regulations
By: Grant MitchellFollowing a series of legislative proposals, discussions, and analyses of the market, the Big Apple is enforcing restrictions on advertising to underage persons and college students. The rule change received unanimous approval and is just another instance in a series of advertising regulations.
02/28/2023
NewsDrake Forfeits $400k as Jake Paul Loses Boxing Match to Tommy Fury
By: Grant MitchellPaul entered the fight with a 6-0 professional record, which included wins over MMA stars Tyron Woodley, Ben Askren, and most recently, Anderson Silva. He was a small favorite in sportsbooks but a large favorite in pre-fight trash talk to defeat Fury, the younger half-brother of heavyweight champion Tyson Fury.
02/27/2023
NewsProfessional Sports Teams Try Again for Legal Sports Betting in Missouri
By: Grant MitchellAmong the attendees were St. Louis Cardinals President Bill DeWitt III, who has been an outspoken supporter of many failed movements to legalize sports betting in The Show-Me State. He encouraged senators to combine parts from the bills in a massive overhaul to the gaming ecosystem.
02/23/2023
NewsMarch Madness Betting Rocked Markets Last Year, What’s to Come this Time?
By: Grant MitchellThe 68-team bracket will be unveiled on “Selection Sunday” March 12, and the games begin on March 14. The American Gaming Association’s pre-tournament estimates before last year’s tournament suggested that over $3.1 billion in wagers would be placed, and that figure is expected to rise again this year.
02/22/2023
NewsGeorgia Policymakers Look to Legalize Sports Betting Without Usual Vote
By: Grant MitchellState constitutional amendments require the aforementioned two-thirds vote. However, the officials in question are pushing bills in both chambers of congress that would create a legal sports betting market by statute. This only requires a majority vote instead of the full two-thirds support.
02/20/2023
NewsDrake Drops $1 Million on Chiefs to Win Super Bowl, Kelce MVP, and More
By: Grant MitchellIn a post shared on his Instagram, he revealed his “psychotic” bets that could win a total of over $4.5 million. Among his many bets, he is riding with Patrick Mahomes and the Kansas City Chiefs to defeat the Philadelphia Eagles and secure their second Super Bowl in four years.
02/11/2023
News- US Legal Sports Betting
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