Gambling News - 'Sports'
Sports
May 8, 2024
Sports Betting Giants Unite as SBA Fights Illinois Tax Hike Proposal
The Sports Betting Alliance (SBA), a consortium of some of the biggest sports betting operators in Illinois, including BetMGM, DraftKings, Fanatics, and FanDuel, has opposed a major tax hike proposal in the state filed by Gov. JB Pritzker. The bill aims to increase taxation on sports betting from 15% to 35% SBA Campaign Spurs 25,000 […]
Sports
May 7, 2024
Kentucky Derby Smashes Expectations with Record-Setting Handle
The 150th running of the Kentucky Derby presented by Woodford Reserve proved to be a historic and record-breaking event as nearly 157,000 horseracing fans gathered at Churchill Downs Racetrack to witness Mystik Dan claim the coveted Garland of Roses. The newly renovated track enhanced the viewer experience and significantly contributed to the record-setting betting handle. […]
Sports
May 7, 2024
2024 Emilia Romagna Grand Prix Formula 1 Odds, Time, and Prediction
Max Verstappen is the driver who won 66.66% of the races in the 2024 Formula 1. However, one that he didn’t win was the most recent race, in which he finished second, just behind McLaren’s Lando Norris. Despite not winning that race, Verstappen is still sitting at the top of the 2024 F1 World Drivers’ […]
Sports
May 7, 2024
MLB Commissioner Discusses League’s Stance on Sports Betting
During the recent 2024 Associated Press Sports Editors Commissioners Meetings, Major League Baseball (MLB) commissioner Rob Manfred discussed MLB’s attitude towards legalized sports betting and the difficult balancing act the league has to make between embracing sports betting and safeguarding the integrity of the baseball game. Commissioner Manfred Addresses Integrity Amid Ohtani Scandal Fallout Commissioner […]
Industry
May 7, 2024
Washington D.C. Sportsbook Operators Push for Inclusive Mobile Betting
During the Washington D.C. Council committee’s Business and Economic Development Public Hearing held on May 6, four sports betting operators spoke in support of a proposed bill that if passed will diversify the sports betting market in the state. Operators also voiced their concerns over the digital monopoly of FanDuel, which will be instated in […]
Sports
May 6, 2024
Mystik Dan Conquers Churchill Downs’ Refurbished Racetrack
This year’s edition of the Kentucky Derby ushered in a new era for horse racing. According to Churchill Downs, which hosts the derby, the renovated track changed how fans experience the races. For context, Churchill Downs just completed its $200 million renovation. The company started the project almost three years ago and managed to complete […]
Sports
May 6, 2024
Maine’s Sports Betting Tax Revenue Declined as Fans Won Big
The Maine Gambling Control Unit has disclosed information about the local sports betting market’s performance in March. While the month attracted a record-breaking volume of bets, operators’ hold percentage was quite low, resulting in a decline in tax revenue. For context, Maine’s sportsbooks recorded approximately $48 million in bets. This figure represents a month-on-month increase […]
Sports
May 6, 2024
Joaquin Buckley vs. Nursulton Ruziboev UFC on ESPN 56 Odds, Time, and Prediction
Born and raised in St. Louis, Joaquin Buckley will be fighting in his hometown on Saturday, May 11. He’s locking horns with Nursulton Ruziboev, a fighter from Uzbekistan, who’s looking for his 11th straight win. Still, based on the UFC on ESPN 56 odds, the American fighter is more likely to win. Joaquin Buckley vs. […]
Sports
May 6, 2024
Derrick Lewis vs. Rodrigo Nascimento UFC on ESPN 56 Odds, Time, and Prediction
Our Derrick Lewis vs. Rodrigo Nascimento prediction is that the UFC on ESPN 56 main event won’t last for the full five rounds. The reason? Only one of Derrick Lewis’s fights lasted for 25 minutes, while Rodrigo Nascimento is fighting his first-ever 5-round bout on May 11. We predict that there’s gonna be a finish […]
Sports
May 6, 2024
NBA and Sportsbooks Consider Prop Bet Overhaul in Wake of Jontay Porter Ban
Player prop bets are likely up for potential changes, following the recent lifetime ban imposed on NBA center Jontay Porter for gambling violations. Sources familiar with the matter have provided information that the NBA and its affiliated sportsbooks have started talks in order to explore different possibilities for preventing such incidents from happening in the […]