Sports Betting
Covering the latest stories in and around the sports betting landscape, including everything from the latest lines to fun Super Bowl props.
In the Volunteer State, sports betting regulators recently approved fines against two sportsbooks. They are ZenSports and Fanatic Sportsbook. During their May meeting, the Tennessee Sports Wagering Council (SWC) approved a $60,000 fine for ZenSports. They failed to maintain a high enough reserve balance for their Tennesee sports betting operations. Additionally, a $50,000 fine was […]
The Massachusetts Gaming Commission (MGC) voted to award the City of Springfield a grant to help address gambling-related harm affecting the youth, the commission announced Friday. Massachusetts Gaming Commission voted to award the City of Springfield a $275,000 grant Moreover, commissioners voted to award Springfield with a $275,000 grant as part of the Massachusetts Community […]
The North Carolina State Lottery Commission reported an online sports betting handle of $525.5 million in May 2024, a 19% decrease compared to April a few months ago. North Carolina has generated $1.8 billion in betting revenue, $234.8 million in gross wagering revenue A drop in promotional credits was a contributing factor. The Tar Heel […]
According to Arizona law, the Grand Canyon State allows up to 20 sportsbooks. There are currently 16 active online sportsbooks in the state: Bally Bet, bet365, Betfred, BetMGM, BetRivers, Betway, Caesars, Desert Diamond Sports, DraftKings, ESPN BET, Fanatics, FanDuel, Golden Nugget, Hard Rock Bet, SaharaBets, and SuperBook. Arizona has 16 active, licensed sportsbooks in the […]
This week, various experts in the industry met to discuss collegiate sports betting integrity at the Michigan Control Game Board (MCGB). Top experts in gaming ad regulation attended including the NCAA, BetMGM, Integrity Compliance 360 (IC360), and the FBI. They all met at the Cadillac Palace in Detroit, Michigan. In the state, there are over […]
The New York State Gaming Commission reported $203.3 million in sports betting revenue for the month of May, the second-highest total since online wagering went live in January 2022. Revenue in May came within $8.2 million of this January's all-time mark. New York operators generated a 33.8% increase in revenue compared to May 2023 New […]
In May 2024, Bally’s Chicago posted its best monthly gross gaming revenue with $11.73 million. That was reported by the Illinois Gaming Control Board (IGCB). Their slot machines accounted for $6.8 million and table games won $4.75 million. This temporary casino location opened last September. Mark Wong is the General manager and VP of Bally’s […]
In Staten Island, New York, 17 people were arrested by the NYPD last Wednesday. They were involved in a $23 million illegal sports betting ring linked to the Gambino Crime Family. An indictment stated that this unlawful operation had roughly 70 people entangled in massive amounts of debt. These mobsters ran a high-interest predatory loan-sharking […]
Two more men were charged Thursday in the NBA sports betting scandal that led to the lifetime ban of former Toronto Raptors player Jontay Porter. Timothy McCormack, Mahmud Mollah joined Long Phi Pham, a fourth unnamed defendant in betting case In April, the league's investigation revealed that Jontay Porter had disclosed confidential information to bettors, […]
NBA deputy commissioner Mark Tatum applauded the league's effort in recent months for tracking betting irregularities and working together with licensed operators to maintain integrity. NBA banned Jontay Porter for betting on games, disclosing confidential information to bettors In April, the NBA handed Toronto Raptors forward Jontay Porter a lifetime ban from the league after […]
