FanDuel Dominates Virginia Mobile Sports Betting In April

FanDuel remains the largest mobile sports betting contributor in Virginia, according to a Freedom of Information Act request by the Virginia Lottery. FanDuel accounted for more than half of Virginia's total gross sports betting revenue in April Virginia collected $60 million in total gross sports betting revenue in April. That was the fourth time in […]

James Foglio 06 Jun 2024
Illinois Gov. has signed a new progressive sports betting tax rate into law

On Wednesday, Illinois Governor JB Pritzker signed a bill to establish a new progressive sports betting tax rate in the state. He signed the $53.1 billion budget package for the 2025 fiscal year. These brand-new tax rates will go into effect starting July 1. About a week ago, HB 4951 was passed during an all-night […]

Zach Wolpin 06 Jun 2024
New York and New Jersey lost $2.9 billion to illegal mobile sports betting markets in 2023

The Campaign for Fairer Gaming and Yield Sec released a report that claims New York and New Jersey lost a combined $2.9 billion in revenue to illegal operators in 2023. Last year, both states surpassed $1 billion in total sports betting revenue. New York led all legal betting states with $1.7 billion in operator winnings. […]

Zach Wolpin 05 Jun 2024
Jontay Porter reportedly had a substantial gambling debt before his NBA betting scandal

A few months ago, former Raptors center Jontay Porter received a lifetime ban from the NBA. The 24-year-old disclosed confidential information to bettors. That completely violated the league's gambling policy. An investigation was launched in March after sportsbooks noticed betting irregularities for Porter. According to new reports, Porter owed large gambling debts to co-conspirators when […]

Zach Wolpin 05 Jun 2024
Bally's Launches ‘Bally Play' Free-to-Play Social Casino Platform

This week, the Bally’s Corporation launched its free-to-play social casino platform, Bally Play. This app was created and developed with the help of Ruby Seven Studios. The interactive social gaming company is located in India but has headquarters in Reno, Nevada. Bally Play offers an array of digital slot machines, table games, keno, video poker, […]

Zach Wolpin 05 Jun 2024
MLB Bans Padres' Tucupita Marcano For Life For Gambling On Games

MLB has issued San Diego Padres infielder Tucupita Marcano a lifetime ban for gambling on baseball after the league received information that he wagered on games involving the Pittsburgh Pirates when he was with the team last season. Tucupita Marcano placed 387 baseball bets, including 231 MLB-related wagers, between 2022 and 2023 Marcano, 24, violated […]

James Foglio 04 Jun 2024
One bettor in Indiana has wagered $3,500 on Kristaps Porzingis to win Finals MVP

Game 1 of the 2024 NBA Finals starts this Thursday. The Celtics are the heavy betting favorites but the Mavericks are not going down without a fight. This series is going to bring plenty of drama with Kyrie Irving returning to Boston and Kristaps Porzingis returning to Dallas. On top of that, Porzingis is looking […]

Zach Wolpin 04 Jun 2024
PDX Slots Partners With BetRivers In Michigan

BetRivers Casino Michigan is partnering with online casino content aggregator PDX Slots. This deal marks PDX Slots' first official entry into the Wolverine State's iGaming market. PDX Slots was awarded a Provisional Internet Gaming Supplier License by the Michigan Gaming Control Board in October 2023. PDX Slots' Remote Gaming Server is a software solution for […]

James Foglio 04 Jun 2024
Penn stock investors are upset with CEO Jay Snowden and the company’s sports betting spend

Last Friday, Penn Entertainment’s stock jumped nearly 20%. That was after an investor letter aimed at CEO Jay Snowden for the company’s online sports betting spend. On Friday morning, Donerail Group managing partner Will Wyatt addressed chairman David Handler and the rest of the board. He had this to say. “We believe that the significant […]

Zach Wolpin 04 Jun 2024