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Sportsbetting News

Odds and lines on sporting events, politics, and the potential outcomes of almost anything you can think of make gamblers’ hearts beat harder. Find out the latest happenings in the world of bookmaking.

Atlantic City Casinos Thankful in November, Gaming Revenue Surges 20 Percent

Atlantic City casinos November revenue

Atlantic City casinos reported a 20 percent increase in gross gambling revenue (GGR) last month, with total win coming in at $247.65 million. Paired with sports betting revenue at the state’s two horse racetrack facilities, and New Jersey’s gaming industry soared almost 25 percent to $257.37 million. Year to date, New Jersey’s total GGR haul…Read More

Phoenix Suns Owner Robert Sarver Responds to Las Vegas Relocation Rumors

Phoenix Suns moving Las Vegas odds

Phoenix Suns owner Robert Sarver is reportedly considering relocating his NBA franchise to Las Vegas or Seattle unless his current city agrees to cover $150 million of a $230 million renovation at the team’s current arena. The Phoenix City Council postponed a vote this week to determine whether to fund 65 percent of the Talking…Read More

New Jersey Sports Betting Handle Likely Smashed Billion-Dollar Mark Sometime Last Week

New Jersey sports betting

The New Jersey sports betting market was approaching $1 billion in bets after just five and a half months of operation, as of December 1. That means it is very likely to have already exceeded the 10-figure mark — and no one even got to bang a gong. According to new figures released by the…Read More

Peterborough United’s Director of Football Barry Fry Accused of Betting on League Matches

peterborough

Barry Fry, the director the UK’s Peterborough United club, has been leveled with charges of misconduct relating to alleged betting activities. The accusations come from the Football Association (FA), the governing body of all things soccer in England. The organization is charging Fry, who has been with the Peterborough club for more than 20 years,…Read More

NFL Completes U-Turn On Sports Betting As League Prepares To Seek Casino Sponsor

The National Football League (NFL) was never going to pioneer the bond between gaming entities and professional sports leagues, but the realization from the league and its owners that they could no longer ignore the financial benefits of legalized sports betting was always inevitable. That sentiment has apparently set in. The league will begin the…Read More

NASCAR Signs Integrity Deal with Sportradar as It Turns to Sports Betting to Drive Growth

NASCAR

NASCAR has signed an “integrity partnership” deal with sports data firm Sportradar, a sign that the racing series is at last shifting gears on sports betting. The agreement will see Sportradar employ its Fraud Detection System (FDS) to monitor the global betting markets for “nefarious activity” related to the league’s largest three events: The Monster…Read More

City of Oakland Sues NFL for Raiders Las Vegas Relocation, Seeks $80M in Financial Damages

Oakland Raiders lawsuit Las Vegas

The City of Oakland has filed a federal lawsuit in the US Northern District of California against the Raiders and the entire NFL for the team’s planned 2020 relocation to Las Vegas. The California city argues that the transfer violates antitrust laws and leaves Oakland taxpayers with an $80 million debt stemming from renovations made…Read More

NBA and The Stars Group Announce Online Sports Betting Partnership

NBA sports betting Stars Group BetStars

The NBA and The Stars Group (TSG) have entered into a multiyear partnership that authorizes the online sportsbook operator as an official league partner of the National Basketball Association. Under the agreement, TSG’s BetStars sports betting platform will have access to official NBA statistics and data in real time, and be permitted to use the…Read More

New Jersey Approves Australian Company PointsBet for Online Operations in Affiliation with Meadowlands

PointsBet, an Australian company with a different take on sports betting, has been approved to operate online in the state of New Jersey by the Division of Gaming Enforcement (DGE). The company will operate in association with the Meadowlands Racetrack on a “soft play” basis, the Associated Press reported Tuesday. What makes PointsBet different is…Read More

Sportsbooks Make Millions on Miami Miracle

At this point every NFL fan that has seen it. Down by five points with seven seconds remaining and 69 yards to travel for a game-winning touchdown, the Miami Dolphins were beyond desperate late in the fourth quarter of their game against the New England Patriots on Sunday. But when Ryan Tannehill threw to Kenny…Read More

Reformed Gambler Who Blew Hundreds of Thousands in Stolen Money Fighting to Claw It Back from Bookmakers

William Hill

A remorseful gambling addict who stole hundreds of thousands of pounds from wealthy clients in Dubai and squandered it in UK bookmaking shops is trying to make things right for his victims. The Guardian reports the man — whose name has been withheld by the newspaper — is cooperating with two victim compensation claims that…Read More

Pennsylvania Gambling Reforms Generate $385 Million for State in First Year

Pennsylvania gambling

Pennsylvania’s wide-ranging gambling expansion package — signed into law by Governor Tom Wolf in late 2017 — has generated over $385 million in new revenues for the state since its enactment, according to analysis by PlayPennsylvania.com. That’s before many of the new gambling operations — such as online casinos, online poker, live and online sports…Read More

Las Vegas MLB Rumor Mill Churning Out New Speculation, Investors Working to Bring City Pro Team

Las Vegas MLB stadium Raiders

Las Vegas has quickly gone from a city shunned by the four major professional sports leagues in the US due to its widespread gambling, to a town that could soon be home to three teams. The NHL Vegas Golden Knights began playing in Southern Nevada last year, and the NFL Raiders will relocate to Sin…Read More

Online Gaming Shares Tumble on False BBC Report of Advertising Ban

RGA

A BBC report suggesting members of online gambling industry body the Remote Gambling Association (RGA) had agreed a self-imposed ban on UK TV advertising during sports events is simply not true, according to RGA chief Clive Hawkswood. The BBC’s article was published early Thursday, UK time, and has been widely repeated in media outlets in…Read More

Yes, Virginia, There Could Be Sports Betting and Casinos in 2019

Virginia sports betting casinos gambling

Voters in Virginia support legalizing sports betting and both tribal and commercial casinos. That’s according to a poll conducted by the Christopher Newport University’s Judy Ford Wason Center for Public Policy. The poll of likely Virginian voters found that 63 percent support allowing sports betting to commence in the state. New tax revenue was the…Read More