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$100K Bet on Tiger Woods Winning Next Three Majors Would Return $10M, Masters Winner Behind Wager

Tiger Woods golf odds

If Tiger Woods is able to win golf’s next three majors – the PGA Championship, US Open, and Open Championship – one bettor who has risked $100,000 on the unlikeliest of outcomes will net $10 million. Wisconsin native James Adducci was the man who wagered $85,000 on Woods winning the Masters on odds of 14/1….Read More

Fox Sports Buys $236 Million Chunk of Stars Group, Will Be First US Broadcaster to Offer Sports Betting

Fox Sports

Shares in Stars Group skyrocketed 11 percent Wednesday on the news that Fox Sports has pledged to invest $236 million for a 4.99 percent share of the the PokerStars parent. As part of the deal, the Rupert Murdoch-controlled Fox will have the option to acquire up to 50 percent of Stars Group in ten years’…Read More

China Online Gambling Operation with Ties to Philippines Leads to Seven Arrests

Police broke up a $312 million gambling ring recently working out of China’s Anhui Province that was associated with a sports betting website based in the Philippines. Approximately 10,000 people signed up or used the gaming site since 2016, according to Xinhua news. So far, seven suspects were arrested by authorities investigating the online scheme….Read More

Ajax Heartache as Spurs Make Champions League Final with Epic, Last-Second Victory

Champions League

“It’s glory, glory Tottenham Hotspur in the most amazing Champions League semifinal most of us have ever seen!” marveled BT Sports commentator Darren Fletcher, as Spurs celebrated an improbable, last-second victory against Ajax on Wednesday night. He forgot to add “since yesterday.” Another night, another epic game of Champions League soccer, as Spurs turned around…Read More

New York Senator Remains Hopeful Mobile Sports Betting Becomes Reality in 2019

A New York state senator is holding out hope the state will be able to implement mobile sports betting sooner rather than later. Prior to Wednesday’s Racing, Gaming, and Wagering Committee’s meeting that focused on the topic in Albany, state Sen. Joe Addabbo (D-Queens) said doing sports betting without the mobile component barely “scratches the…Read More

With Governor’s Signature Wednesday, Indiana Joins the Ranks of Sports Betting States

Indiana became the first Midwestern state to legalize sports betting when Gov. Eric Holcomb signed a bill into law Wednesday that dealt with it and other gambling issues. In a statement regarding House Bill 1015, Holcomb said the bill will help the state’s gaming industry stay competitive against venues in neighboring states. By modernizing our…Read More

Champion League Betting: Liverpool Stuns Barcelona with Miracle Semifinal Comeback

Champions league

Liverpool needed a miracle to overturn a three-goal first-leg deficit against Barcelona in its Champions League semifinal on Tuesday night, and guess what? The EPL team staged arguably its most stunning comeback on the European stage, beating the world’s top-ranked club side, Barcelona, to advance into the final for the second year in a row….Read More

Golf Odds: Bets Placed on Tony Romo Winning Byron Nelson, $100 Wager Would Net $1M

golf odds Tony Romo PGA Tour

Former Dallas Cowboys star quarterback Tony Romo is again teeing it up on the PGA Tour this week, and a handful of bettors are actually wagering a few bucks on the CBS NFL analyst to win. The PGA Tour is in Dallas this week for the AT&T Byron Nelson Championship at Trinity Forest Golf Club,…Read More

New York Mobile Sports Betting Bill Revised, But Lawmakers Preserve Leagues’ Cut of the Action

New York sports betting

A pair of New York sports betting bills that two Democratic lawmakers hope will legalize mobile wagering in the state have been fine-tuned and were reintroduced to the legislature at the end of last week. Representative Gary Pretlow (D-89th) and Senator Joe Addabbo (D-15th) believe that New York does not need to change the constitution…Read More

Six Las Vegas Sports Betting Funds Being Controlled by Ex-Con Ponzi Scheme Operators, Investor Payouts in Limbo

Sports betting funds

Two men imprisoned in the 1990s for operating a Ponzi scheme shell company that pretended it supplied copy machines to financial institutions are in charge of at least $1 million invested in six Las Vegas several sports betting mutual funds, the Las Vegas Review-Journal has discovered. John F. Thomas III — who was apparently born…Read More

Montana Governor Steve Bullock Legalizes Sports Betting but Rejects Private Market

Montana sports betting

Montana has become the ninth US state to legalize sports betting and the first this year, although bills also sit on the desks of governors in Tennessee, Iowa, Colorado, and Indiana. Governor Steve Bullock signed Montana sports betting legislation Friday authorizing the state lottery to offer wagering services via the state’s current lottery provider, Intralot….Read More

Serengeti Empress Wins Kentucky Oaks After Positive Spirit Falls at Start

LOUISVILLE, Ky. — Serengeti Empress led wire-to-wire to claim the 145th Kentucky Oaks Friday at Churchill Downs, holding off 38-1 shot Liora down the stretch to win by a length and three-quarters. The Grade I stakes race for 3-year-old fillies was marred at the start after Positive Spirit, starting from the sixth gate, was bumped…Read More

Final Four in Las Vegas? Odds Shorten After NCAA Rescinds Ban on Championships in Sports Betting States

Las Vegas T-Mobile Arena NCAA championship

Las Vegas wants to bring major sporting events to town such as the Super Bowl and NCAA men’s basketball tournament, and the odds of a major collegiate championship being hosted in Sin City just greatly improved. The NCAA announced Friday that its ban on national championships being contested in states with legalized sports betting is…Read More

Genovese Crime Family Reputed Associate Vincent Coppola Pleads Guilty to Charge on Illegal Betting

Vincent Coppola — who authorities link to the Genovese crime family — has pleaded guilty for his alleged role in running illegal offshore sports gambling activities out of New Jersey, that were uncovered in a wider investigation. Coppola, 42, of Union City, New Jersey, was part of a network of reputed Genovese associates who ran…Read More

‘Jeopardy!’ James Holzhauer Receives Key to Las Vegas Strip, Winning Streak at 21 Games

Jeopardy! James Holzhauer Las Vegas

Jeopardy! superstar James Holzhauer describes himself as a professional sports bettor in Las Vegas. But after the last month, he’ll presumably forever be known as the man who dominated his opponents and seemingly cracked the code to the syndicated television trivia show. On Thursday, the Clark County Commission presented the 34-year-old with the key to…Read More

FanDuel Sports-Betting Growth Helps Paddy Power Betfair Forget Headwinds at Home

Paddy Power

For Paddy Power Betfair, the liberalization of the US sports betting markets came at just the right moment. While the UK gambling sector is beginning to feel the pinch of tightened regulations at home, the US presents ample opportunities to offset the balance. In its Q1 trading update, Paddy Power reported that, despite headwinds at…Read More

Donald “Cowboy” Cerrone Battles Al Iaquinta in UFC Fight Night 151 Main Event

Al Iaquinta Donald Cerrone

Two of the most exciting fighters in UFC lightweight division will be on display Saturday night, as Al Iaquinta takes on Donald “Cowboy” Cerrone in the main event of UFC Fight Night 151 in Ottawa. With two fighters who both provide plenty of action but are somewhat lacking in defensive skills, the expectation is for…Read More

Champions League Betting: Messi Genius Proves Difference Between Barcelona and Liverpool in Semi-Final

Messi

Barcelona was the favorite going into last night’s Champions League first-leg semi-final, as is it with every match it plays – especially since the apparent implosion of Real Madrid. But for long spells at Camp Nou on Wednesday, Barca was made to look second best by a Liverpool side set up to press and attack,…Read More

Constitutionality of Rhode Island Sports Betting Challenged in State Lawsuit

A lawsuit attempting to immediately stop all legal forms of sports betting in Rhode Island was filed in state court on Wednesday because the proposal was never allegedly presented to state voters before being enacted by politicians. The complaint — prepared by prominent Republican attorneys — says the process used by Ocean State officials to…Read More

Legalized Sports Betting Providing Financial Boost to Sports Radio, Ad Revenue Expected to Increase

sports betting radio station PASPA

With legalized sports betting expanding across the US, one of the largest radio companies in the country says the expanding gambling activity is providing an economic boost to its industry. Last May, the US Supreme Court ruled the Professional and Amateur Sports Protection Act (PASPA) – a federal law that banned full-scale sports betting everywhere…Read More

Mobile-Only Tennessee Sports Betting Bill Approved, Will Lapse into Law Unsigned, Says Governor

sports betting

Tennessee Republican Governor Bill Lee is expected to allow a sports betting bill to lapse into law after it was passed 19-12 by the Senate on Tuesday morning, just six days after being ratified by the House. The bill is notable because it is the first piece of legislation passed by a state legislature since…Read More

NY Gaming Commission Approves del Lago Plan to Cut Slots, Tables for Planned Sportsbook

The New York Gaming Commission paved the way for the del Lago Resort and Casino to begin work on its sportsbook. In a unanimous decision, the commission at its Monday meeting approved the casino’s request to reduce its slot machines and table games. The resort, which opened two years ago, is located in Tyre roughly…Read More

Favorite Bellafina Lands Ideal Starting Gate in Friday’s Kentucky Oaks

Bellafina drew the fourth position for Friday’s Kentucky Oaks and handicappers at Churchill Downs installed her at 2-1 odds for the Grade I stakes for 3-year-old fillies. Even before landing such a prime starting spot, the Simon Callaghan-trained horse was likely to be the big favorite anyway coming out of Monday’s pill pull to determine…Read More

Las Vegas NFL Odds Predict Cleveland Browns Miss Playoffs, Sportsbooks Say Hype Overblown

Las Vegas odds NFL Cleveland Browns

The Westgate SuperBook in Las Vegas has opened odds on all 32 NFL teams making the playoffs, but as of now, the Cleveland Browns are no sure bet to reach the postseason. No team is being more talked about than the Browns – a franchise that went 1-31 in 2016-2017, and 7-8-1 last season. Led…Read More

Connecticut Lawmakers Considering Special Session to Legalize Sports Betting

Connecticut sports betting Ned Lamont

Connecticut lawmakers say they will consider a special legislative session if sports betting isn’t legalized before the General Assembly’s mandatory adjournment on June 5. Lawmakers in Connecticut are considering legalizing the gambling activity, but with the mandatory June 5 adjournment fast approaching, some politicians say a special session should be held if a bill doesn’t…Read More