Sports News

The launch of the market represents a new era for Ohio, which joins a rapidly growing Midwest segment of the American sports betting community. With Rose as the posterboy, the stories already look like they were written in Hollywood.

Caesars joins WynnBet and BetMGM in the list of companies with access to the soon-to-open Massachusetts market through partnerships with local casinos. Both Caesars and WynnBet received permission to join the market through arrangements with Encore Boston Harbor in Everett.

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.

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.

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.

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.

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.

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.

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.

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.