Weekly Sports Betting Recap: Multiple Developments in Motion
Hey there! Let's dive into the latest sports betting headlines. This week was all about action, with some big moves being made in the industry.
Making a Splash in the Sportsbook Game
Fanatics and Underdog are gearing up to enter the sportsbook game, while Michigan has signed the Multi-State Internet Gaming Agreement, allowing poker enthusiasts from Michigan to compete against players in New Jersey, Delaware, and Nevada.
A Not-So-Hot Trot in Minnesota
Alas, Minnesota legislature concluded without the legalization of sports wagering. Maybe next time, Minnesotans.
Looking Back, Moving Forward?
New Jersey seems to be trying to leave the DraftKings proxy betting case in the rearview mirror, hoping to put the drama behind them.
Catch Me If You Can
Remember the WSOP bracelet winner behind the "Madoff"-like sports betting scheme? Yep, he was caught.
GambetDC's Rocky Road
Let's take a quick trip down memory lane and recap the most notable moments during GambetDC's tumultuous existence so far.
Need a Laugh?
TheScore Bet's responsible gaming program brings humor to the forefront of responsible gaming education.
It's All About Location, Location, Location!
Chicago City Council has approved Bally's as an applicant for a downtown casino. Will it be a hit or a miss?
Handle Reports
New York legal sports wagering eclipsed $7 billion in handle, while Nevada's sports wagering handle slumped to $589 million in April. Colorado sports wagering handle dipped to $392 million, but Tennessee wagering revenue saw a slight improvement.
Racehorses and Doping
The owner of Meadowlands weighed in on the racehorse doping saga, while Meadowlands and Monmouth are planning big summers ahead.
Betting Opportunities in Maryland
In Maryland, Mayor Ray Morriss and Cumberland City Council have shown an interest in allowing a sports gambling establishment within city limits, making changes to zoning guidelines to make this a possibility.
A New Generation to Educate
In the last week, theScore Bet rolled out a unique responsible gaming program in Ontario, the Mohegan Tribe in Connecticut donated $2 million to Yale University to combat problem gambling, and the Oregon Council on Problem Gambling opened an RFP for new research opportunities. The education, according to advocates, is critical and should be ongoing.
South Dakota Takes an L
South Dakota reported its first monthly loss in just its eighth month of sports wagering, as bettors came out $13,735 ahead on nearly $370,000 wagered in April.
More Notable Stories
- College Sports Eyeing Gambling Money Amid Safeguard Concerns [AP]
- Get It Together: MA Bill Sits in Limbo as House Leader Wants College Sports Included [Mass Live]
- Done Deal: White Hat Gaming Strikes Deal to Provide iGaming Content to DraftKings [CDC]
- Under Review: Iowa Gov. Reviewing Bill that Implements Two-Year Casino Moratorium [INN]
- Now That's a Promo: Drivers Line Up for Free Gas Giveaway at Snoqualmie Casino [KOMO News]
- HIRED: FanDuel Group Appoints Andrew Sheh CTO [Press Release]
- Worthy Cause: OCPG Announces Research Center Funding Opportunities [CDC]
Stay tuned for more updates from the wild world of sports betting!
- Fanatics and Underdog, both known in the sports industry, are planning to make a move into sports betting.
- The line between states for online poker has blurred as Michigan signed the Multi-State Internet Gaming Agreement, allowing players from Michigan to compete with those in New Jersey, Delaware, and Nevada.
- In the sports-betting world, the underdog could be the legislature of Minnesota, as they failed to legalize sports wagering in their recent session.
- The spread between the DraftKings proxy betting case and New Jersey's sports analysis seems to be widening, with New Jersey hoping to leave the case behind.
- The poker game in the sports-betting world saw a noteworthy catch, with the WSOP bracelet winner behind a "Madoff"-like sports betting scheme being caught.
- As the sports-betting landscape continues to evolve, finding the right line can be challenging, much like the recent decision by Chicago City Council, who approved Bally's as an applicant for a downtown casino whose success remains to be seen.
