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Odds-On Favorite Wins, As New England Patriots End “Brexit” Streak

odds-on favorite Brady Patriots win Super Bowl LI

The odds-on favorites New England Patriots were victorious during last night’s Super Bowl LI, winning 34-28 over the Atlanta Falcons in overtime in what will surely go down as one of the best title games in NFL history. Favored by three points in Las Vegas heading into the game, New England coach Bill Belichick and…Read More

Tiger Woods Shanks His Return, Oddsmakers Lose Confidence

Tiger Woods Las Vegas oddsmakers

The Tiger Woods comeback that many in Las Vegas were betting on hasn’t exactly taken off as fans and gamblers had hoped. After 17 months away from formal PGA Tour action, the 14-time major winner returned to golf’s main stage last week in California at the Farmers Insurance Open. His encore was short-lived, however, as…Read More

New Jersey Presents Two Sports Betting Bills to Congress and Gets Boost in Supreme Court

Goruch Supreme Court sports betting

On the day that New Jersey’s US Representatives Frank LoBiondo (R-District 2) and Frank Pallone Jr (D-District 6) presented two bills aimed at legalizing sports betting to Congress, the state was also thrown a possible lifeline in its plight in the Supreme Court. New Jersey has petitioned the highest court in the land to hear an appeal…Read More

Fantasy Aces Files for Bankruptcy, Can’t Pay Players

Fantasy Aces Declares Bankruptcy

Daily fantasy sports (DFS) operator Fantasy Aces filed for bankruptcy this week after a last-ditch rescue attempt by competitor Fantasy Draft fell through. Alarmingly for players, it appears from the bankruptcy filing that the company is unable to pay more than $1 million of players’ funds, and that it has co-mingled customer money with its operating expenses….Read More

Super Bowl Shocker: Majority of Bets in US Wagered Illegally

Super Bowl odds Las Vegas sportsbook

Super Bowl LI goes down this Sunday between the New England Patriots and Atlanta Falcons in Houston, Texas, and while Americans are expected to wager roughly $4.7 billion on the big game, the vast majority of the bets will be placed illegally. That’s a reality that should come as no surprise to most gamblers who…Read More

Oakland Raiders Move to Las Vegas in Jeopardy After Goldman Sachs Bails

Oakland Raiders Mark Davis Sheldon Adelson

The Oakland Raiders and Mark Davis appear more likely to be staying put in the Bay Area after billionaire Sheldon Adelson announced he was withdrawing his $650 million pledge to a proposed $1.9 billion NFL stadium in Las Vegas. Just hours later, multinational financial company Goldman Sachs revealed it also would no longer be part of…Read More

Sheldon Adelson Has Withdrawn From Las Vegas Raiders Stadium Plan

Sheldon Adelson Las Vegas Raiders

Sheldon Adelson has withdrawn his pledge of $650 million from the proposed NFL stadium project in Las Vegas that is trying to entice the Oakland Raiders to move to Sin City. Along with Adelson’s $650 million, the remaining $1.9 billion project was slated to be funded by $750 million in Clark County tax revenue, and…Read More

Super Bowl Oddsmakers Rooting for Atlanta Falcons Over New England Patriots

Super Bowl oddsmakers Atlanta Matt Ryan

Super Bowl oddsmakers are pulling for the Atlanta Falcons to win the big game over the New England Patriots, as preseason action was limited on the NFC Champions. Sportsbooks in Nevada say wagering on Atlanta prior to the first kickoff of the year was extremely minimal. According to various reports, the dismal Cleveland Browns even…Read More

Is DraftKings-FanDuel Merger Threatened by Antitrust Laws?

Professor Marc Edleman has antitrust issues about DraftKings-FanDuel Merger

DraftKings’ and FanDuel’s announcement in November that they would merge to form a true DFS behemoth put an end to months of will-they-won’t-they speculation. But why has it all gone silent since? Why the hold up? FanDuel was initially reluctant to embrace a merger; in 2015, its CEO Nigel Eccles dismissed the idea out of…Read More

Georgia Representative Trey Kelley Behind DFS Regulation Push, Insists Skill Is Involved

Blake Bortles DraftKings lineup Georgia DFS

Gambling bills are coming thick and fast in Georgia. Two casino bills presented to the legislature in Atlanta this week have been joined by “The Fantasy Contest Act,” which offers the state a second crack of the whip at legalizing daily fantasy sports (DFS). The wheels came off its only previous attempt in February last…Read More

Super Bowl Prop Bets Cover Everything From to Lady Gaga to Donald Trump

Super Bowl prop bets wardrobe malfunction

Super Bowl prop bets have just about every single one of the more than 110 million expected viewers covered. Oddsmakers at both land-based casinos and online sportsbooks have assembled a bounty of lines that give bettors propositions on everything from the actual outcome of the game to whether national anthem singer Luke Bryan will flub…Read More

Roger Goodell Says NFL Won’t Compromise Policies to Support Vegas Raiders

Roger Goodell Oakland Raiders Las Vegas

Roger Goodell won’t be bending over backwards to help the Oakland Raiders relocate to Las Vegas. In fact, the NFL commissioner says the league will stand tall in defending its policies and putting game integrity first. Appearing on Fox Sports Radio’s “The Herd,” Goodell explained that the process of moving a franchise is painful. The…Read More

Floyd Mayweather Flaunts Sports Betting Streak, Green Bay Packers Ride Ends

Floyd Mayweather sports betting streak

Floyd Mayweather isn’t known for being humble, and considering his all-time 49-0 boxing record, perhaps that’s warranted. Affectionately known as “Pretty Boy” and “Money,” the boxing GOAT (greatest of all time) is spending his hard-earned retirement fortune by placing some not-so-casual sports bets. A lifelong gambler who calls the Las Vegas Valley home, Mayweather recently…Read More

DOJ Accuses Western Union of Anti-Money Laundering Violations, $586M Fine Tendered

David Bitkower Western Union AML procedures

Western Union will pay US federal authorities $586 million for anti-money laundering (AML) violations, the largest forfeiture ever imposed on a money services business by the Department of Justice (DOJ). The wire service company’s transgressions ranged from facilitating illegal Costa Rica-based sports betting to the processing of hundreds of thousands of transactions for global fraudsters…Read More

Donald Trump Inauguration Speech Not a Big Pay Day for Online Gamblers

UK Bookmakers Donald Trump inauguration speech payouts

President Donald Trump’s inauguration speech last Friday delivered plenty of fist-pumping excitement to those who voted for him, but for gamblers who took odds on precisely what he would say, the address didn’t deliver much in the way of profits. The entire 2016 presidential election was a difficult time for overseas sportsbooks that were able…Read More