June Betting Handle Hits Records as World Cup Thins Hold
How a state taxes its sportsbooks decided whether record June betting filled its tax coffers or left them short.
How a state taxes its sportsbooks decided whether record June betting filled its tax coffers or left them short.
Record wagering in the country’s largest market produced its thinnest margin yet, and the state’s education fund collected $46 million less than a year
No state opened a new online sports betting or online casino market in the year’s first six months, even as US commercial gaming set a sixth straight
The state’s fresh budget makes operating a sportsbook pricier while giving a competing product a gentle landing, and a few legislators fear the imbalance could siphon off the very dollars the increase was supposed to bring in. In one budget, North Carolina made sportsbooks costlier to operate and, at the very same moment, gave a … Read more
A letter of inquiry sent to the University of Cincinnati shifts the focus from what quarterback Brendan Sorsby did to what his school knew, and it could reshape how programs are held responsible when an athlete bets. For a year, the story was about a player. Now it is about a program. The NCAA’s long-running … Read more
One firm’s review tallies $520 million on star endorsements last year and just $60 million on player-safety efforts, a gap worth weighing seriously, provided you remember who did the tallying. Sit through a few hours of live sports and the celebrity pitches run together, a parade of athletes and actors hawking the same betting apps. … Read more
A GOP proposal, the Save Ohio Sports Act, would herd every legal wager back onto the floors of the state’s four casinos, kill props, parlays, and in-play markets, and cap a single bet at $100. Passage is a stretch, yet nothing this drastic has surfaced anywhere since betting went legal. As nearly every other state … Read more
A federal indictment unsealed in Brooklyn accuses the former Milwaukee Bucks guard and five others, including an NBA agent, of manipulating his own rebound and point totals so insiders could cash prop bets. It is the latest blow to the league’s uneasy marriage with legal betting. The player prop, the bet on a single athlete’s … Read more
The MLB prop bet ban proposed by the players union landed in CBA talks this week. It would hit sportsbooks, daily fantasy sites, and prediction markets alike.
Indiana’s ban takes effect July 1, joining a national wave that has already wiped out the dual-currency casino model in state after state. If you play on Chumba, Stake.us, or Pulsz, your account and your balance are on the clock. The clock is running on sweepstakes casinos in Indiana. On July 1 the dual-currency sites … Read more