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Gambling News - 'Sports'
Sports
June 11, 2024
Boston vs. Dallas G3 2024 NBA Finals Odds, Time, and Prediction
The Boston Celtics are 2-0 up against the Dallas Mavericks in the 2024 NBA Finals. They won both of the games played in Massachusetts, but this coming Wednesday, the series is moving to Texas. The Mavs are famously good on home turf, although the last time they played against the Celts, they ended up losing. […]
Sports
June 11, 2024
DraftKings Receives Boost from Morgan Stanley’s Favorable Outlook
Morgan Stanley has highlighted DraftKings as a top pick within the North American gaming sector, indicating a favorable outlook for the sports betting giant. This positive sentiment arises despite recent challenges, such as the new tax legislation in Illinois. DraftKings Shows Resilience Amid Tax Challenges in Illinois Analyst Stephen Grambling and his team at Morgan […]
Industry
June 10, 2024
Sky News Host Questions Decision to Ban Betting Ads But Ignore Pokies
Sky News host Caleb Bond commented on Australia’s planned crackdown on gambling ads in sports. While there is bipartisan support for restrictions on betting advertising, Bond argued that sports betting might not be the “big evil” some believe it to be. The expectations for ad restrictions come in the wake of the Parliamentary Standing Committee’s […]
Legal
June 10, 2024
Fourth and Final Suspect in NBA Gambling Scandal Turns Himself In
On June 7, the US Attorney’s office for the US District Court for the Eastern District of New York made an important announcement in the betting scandal that took the world of NBA by storm. Ammar Awawdeh, the fourth and final suspect in the scandal that ended Jontay Porter’s career turned himself in. Earlier in […]
Business
June 10, 2024
PENN CEO Remuneration Package Faces Pushback from Shareholders
The issue arose on June 4, during the Annual General Meeting, which saw 129,215,217 shares being represented in a voting process that would determine the pay package of Jay Snowden, the company’s boss, who is looking to collect $15.5m, owing to a mix of base salary, stock awards, and incentive plan compensation. Third of PENN […]
Industry
June 10, 2024
Maine’s Betting Handle Grows, Revenue Continues to Decline
Maine published data about the financial performance of its sports betting industry in May, posting a decline in revenue in spite of an increase in betting handle. In total, sports bettors spent $39.9 million on sports wagers in May. This represents a 4.2% month-on-month increase from the figures posted in April. Despite the increase, sports […]
Sports
June 10, 2024
Germany vs. Scotland 2024 Euro Odds, Time, and Prediction
Germany is one of the top favorites to win the 2024 Euro for many reasons, including the fact that the tournament is taking place in this country. Germany’s journey starts on Friday with a game against Scotland, which is a huge underdog in this duel. But can the underdog stage an upset? Germany vs. Scotland […]
Sports
June 10, 2024
Arizona Opens Applications for Sports Betting Licenses
The Arizona Department of Gaming (ADG) has said it will accept applications for sports wagering licenses from July 8 to July 19, 2024, as the state looks to grow its sports betting market. Arizona Looks to Fill Three Remaining Sports Betting Licenses Currently, there are 17 active sports betting licenses in Arizona with a maximum […]
Insider
June 7, 2024
Elliott Rapaport: “Birches Health Works to Ensure Access to Responsible Gambling Tools is Front and Center”
In our conversation with Birches Health CEO Elliott Rapaport we go through all the check boxes to better understand how bettors can stay safe. Rapaport argues that the important thing is to learn how to be smart about your wagers and bet responsibly. There are a number of ways to achieve this, but some practical […]
Sports
June 7, 2024
Illinois Governor Promulgates New Tax Betting Law
Signed by Gov. JB Pritzker, the new state budget approved for the Fiscal Year 2025 on Wednesday will now see sports betting tax rates increase as well. This measure is going to be implemented sooner than expected, with the start date set for July 1, during a relative lull in the sports betting season. New […]