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Manny Pacquiao Faces Lawsuits in Aftermath of Mayweather Fight

Manny Pacquiao shoulder injury lawsuit

Manny Pacquiao was soundly defeated in his “Fight of the Century” battle against Floyd Mayweather Jr. last weekend. But the future Hall of Famer is now facing what could be an even tougher battle: a series of lawsuits that have emerged in the aftermath of that fight. At least five class-action lawsuits have been filed…Read More

ESSA Says Tennis Had Most Suspicious Betting Patterns in Q1 2015

Tennis match fixing alerts ESSA

Match fixing is one of the biggest concerns for sports fans, organizations and bookmakers alike, as nothing about sports can work without knowing that the competition has integrity. That’s why the European Sports Security Association (ESSA) has begun monitoring and reporting on suspicious betting patterns, providing insight into what competitions are attracting the most unusual…Read More

Sportsbooks Celebrate Solid Results from Busy Betting Saturday

Mayweather Pacquiao Kentucky Derby betting

Sports bettors rarely have days like this past Saturday. Not only was the long-awaited fight between Floyd Mayweather Jr. and Manny Pacquiao held, bringing in an unprecedented number of bets on a boxing match, but that fight came at the end of a very busy day in the sports world. That made it a day…Read More

Mayweather-Pacquiao Fight Could Break Vegas Betting Records

Mayweather Pacquiao fight betting Vegas

The biggest boxing match in recent memory is almost here, as Floyd Mayweather Jr. will take on Manny Pacquiao at the MGM Grand in Las Vegas this Saturday night. And while the action in the ring will be enjoyed by boxing fans around the world, there may be even more action in the Las Vegas…Read More

Kansas Attorney General Says Fantasy Sports Are Legal in State

Kansas fantasy sports legal opinion

Kansas has been one of the trickiest states for the daily fantasy sports industry to navigate. While it wasn’t among the five states that major sites like DraftKings and FanDuel routinely excluded from their real money contests, it wasn’t exactly clear that the state was on board with the games being legal, either. The Kansas…Read More

William Hill Suffers Worst Week Ever as Profits Fall in Q1

William Hill taxes worst week

William Hill saw profits fall by 19 percent in the first quarter of 2015, impacted by a number of factors including what the company called its worst week ever in its bookmaking operations. That historic week came in January, when a series of high-profile soccer matches in the English Premier League and throughout Europe broke…Read More

FanDuel Signs Partnerships with 15 NFL Teams

NFL FanDuel Partnership with teams

FanDuel and DraftKings seem to be locked into a battle over which daily fantasy sports site can find bigger and better partners for their brand. This week, it was FanDuel making waves, as the larger of the two major daily fantasy brands scored a partnership with approximately half of the franchises in the National Football…Read More

Glen Cobb and Family Plead Guilty in Controversial IRS Grab Sports Betting Case

Glen Cobb sports betting guilty

Glen Cobb’s name may not be familiar to the average sports bettor, but the high-rolling Las Vegas gambler’s betting activities have been under a microscope for more than a decade with the Internal Revenue Service. Cobb was one of four family members who pleaded guilty Monday to charges that the relatives all ran an illegal…Read More

NBA Commissioner Adam Silver Says Gambling is Good Business

Adam Silver legal NBA sports betting

NBA Commissioner Adam Silver has made it clear that he thinks it’s time for his league to change its tune on sports betting, calling for the practice to be legalized and, most importantly, regulated throughout the United States. Silver expanded on those thoughts on Monday, when he talked about the topic while being interviewed on…Read More

Daily Fantasy Sports Sites Keep Eye on Gambling Rules

Daily fantasy sports legal issues

Daily fantasy sports is one of the hottest segments in the gambling industry, in large part because they are one of the few forms of betting that aren’t restricted by online gambling laws. When the Unlawful Internet Gambling Enforcement Act (UIGEA) went into effect, there was no way that legislators could have anticipated the arrival…Read More

Global Sports Betting Market Worth $3 Trillion

United Nations logo, UN, sports betting, match-fixing

The global sports betting market could be worth up to $3,000,000,000,000 ($3 trillion), a United Nations conference targeting match-fixing was told last week. Independent betting expert Patrick Jay told the meeting in Qatar, which was hosted by UN Office on Drugs and Crime (UNODC) and the International Centre for Sports Security (ICSS), that China, where up…Read More

Paul Phua Sings “Who’s Sorry Now?” to FBI as Judge Says Agency Violated Poker Pro’s Rights

Poker pro Paul Phua scored a courtroom victory on Friday, when a judge ruled that FBI agents went too far in their efforts to collect evidence against him in his alleged illegal sports betting operation at Caesar’s Palace villa last summer in Las Vegas. The FBI first gained entrance to Phua’s villa, where he was…Read More

Nevada Senate Passes Sports Betting Bill for Businesses

Nevada law sports betting businesses

The Nevada Senate has passed a bill that will allow larger groups and businesses to potentially place bets at sportsbooks and race books in the state, though the bill will still need to pass the state Assembly before it can become law. The bill, known as SB443, passed by a razor-thin 11-10 vote, with Senate…Read More

Cavaliers Enter NBA Playoffs as Favorites

NBA Playoffs betting odds championship

LeBron James and the Cleveland Cavaliers will enter the NBA Playoffs as favorites to win a championship, but there are several teams given a realistic chance at making a run to the title in one of the more open fields in recent years. The Cavaliers will enter the playoffs as the second seed in the…Read More

IOC Adopts Sports Betting Integrity Proposals

IOC sports betting integrity proposals

The International Olympic Committee (IOC) has decided to adopt several new proposals to protect the integrity of Olympic sporting events following the first ever meeting of the International Forum for Sports Integrity (IFSI) in Lausanne on Monday. The new initiatives will cover many different aspects of the sports world, including several that are focused on…Read More