Louisiana Sports Betting Revenue Outpacing Fiscal Projections, But Casino Win Slows

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Louisiana sports betting began last October, and oddsmakers say business since has been strong.

California Sports Betting Debate Not Waning as Petition Deadline Nears

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The battle for control of sports betting in California is heating up. In the past few days, a number of organizations have issued statements of support or opposition to the various initiatives being proposed in the Golden State.

Mets Owner Steve Cohen Pushing for Citi Field Casino

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New York Mets owner Steve Cohen wants to bring a casino to Citi Field, and is cozying up to some important local politicians, including Mayor Eric Adams, to drive forward that effort.

iGaming, Sports Betting Stocks Looking at Trying Earnings Season, Says Analyst

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Investors are repudiating gaming stocks this year, and with first-quarter earnings season looming, online casino and sportsbook stocks could be particularly vulnerable to more downside.

Kansas Sports Betting Bill Delayed After Surprising Amendment Failure

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A legislative effort to bring regulated sports wagering to Kansas hit an unexpected roadblock Tuesday. That’s when a lottery-related amendment failed on two occasions.

DraftKings, Genius Sports Among Worst Stock-Based Compensation Offenders

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Genius Sports (NYSE:GENI) and DraftKings (NASDAQ:DKNG) are the worst offenders in terms of equity-based compensation as a percentage of 2021 gross profits.

Portugal Implements Ban on Publication of Live Odds for Sports Events

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In-game betting is increasingly popular in the sports world. It’s taking a step backward in Portugal, though, following the introduction of a new regulation restricting where sportsbooks can publish their odds.

BetMGM Mishap Leads to $25k in New Jersey Fines

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Last year, BetMGM took a small amount of wagers on New Jersey college basketball teams. But the state prohibits bets on games involving local universities, leading to a fine for the gaming operator.

Chile Considering Ban on Sports Betting Advertising Sponsorships

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Chile could become the latest country to ban sports betting advertising in sports events. A legislator with the Independent Democratic Union Party hopes his initiative will lead the way.

Maverick Gaming Washington State Sports Betting Suit Temporarily Halted

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A federal judge is temporarily halting Maverick Gaming’s suit against the state of Washington. That action alleges the state is permitting a tribal gaming monopoly over regulated sports betting there.

Tiger Woods, Phil Mickelson Draw Masters Action Despite Long Odds of Playing

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Tiger Woods and Phil Mickelson have eight green jackets between the two of them, so the betting enthusiasm behind the two World Golf Hall of Fame members for next month’s Masters isn’t exactly surprising. What is surprising is that substantial wagers continue to roll in on the two, despite little chance of either teeing it up April 7-10 at August National.

UK Bettor Claims Sportsbook Owes £5m for Winning Wager

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A Coventry man claims that BoyleSports lost his betting slip worth £5m ($6.5m). [Image: Shutterstock.com]

BetMGM Enters Illinois Just in Time for Mobile Betting Registration

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BetMGM, one of the largest iGaming and online sportsbook operators in the US, announced today it’s accepting sports wagers in Illinois.

New York Lawmakers Seek Inclusion, Lower Taxes in Mobile Sports Betting

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New York’s top gaming lawmakers are teaming up for a proposal that would greatly overhaul how mobile sports betting operates in the state. Not only do they want to expand the number of operators, but they also want to reduce taxes, allow write-offs, and include more minority representation in the industry.

Arkansas Sports Betting Begins Online, 21st State with Legal Mobile Wagers

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Arkansas has officially joined 20 other states, plus DC, in launching legal online sports betting.

DraftKings Staking Polygon Rewards, Shares Slump on Analyst Downgrade

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DraftKings (NASDAQ:DKNG) is moving further into the cryptocurrency space, announcing today it will stake digital assets to support the Polygon blockchain network. But shares of the gaming company are sliding due to an analyst downgrade.

Atlanta Falcons’ Calvin Ridley Suspended for 2022 Season for Wagering on NFL Games

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Atlanta Falcons wide receiver Calvin Ridley will miss at least the entirety of the 2022 NFL season after the league suspended him for betting on games in 2021.

Mansion Group Gives up on Sports Betting to Focus on Casino

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Mansion Group is exiting the sports betting scene. The gaming operator announced its departure, but added that it will continue its iGaming operations.

Genius Sports, Hard Rock Helped NFL Catch Atlanta Falcons’ Calvin Ridley Bets

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On Monday, the NFL announced Atlanta Falcons wide receiver Calvin Ridley is suspended for at least the 2022 season for placing wagers on league games, including at least one involving his team. In the aftermath of that news, it appears both a data provider and a gaming company played parts in assisting the NFL in its investigation.

Macron Heavily Favored to Win French Presidential Election in Latest Odds

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Emmanuel Macron is running away with the French presidential election. The incumbent leader already had a good head start. But Smarkets data shows that he is extending his odds.