Shares of Kambi Group PLC lost 30 percent on Monday’s news that DraftKings planned to acquire SBTech. Investors fear the acquisition could threaten the current multi-state partnership between Kambi and DraftKings. Kambi Group’s stock is often volatile. For example, its share price rose steadily after the Supreme Court struck down […]
Gambling Industry
NFL Betting Recap: Prop Bettors Cash In on Jameis Winston and Brandin Cooks
It didn’t take long for a Jameis Winston and Brandin Cooks prop bet to pay off in their Sunday NFL games. Several sportsbooks offered the prop bet for the two players, and watched as they cashed quickly. The prop bets are a new wrinkle created by sportsbooks this season, and […]
UFC Notebook: Korean Zombie Rises Again, Cejudo Giving Up Flyweight Belt
Chan Sung Jung – who has become famous in the UFC under his nickname “The Korean Zombie†– picked up a big win on Saturday, finishing Frankie Edgar in the first round of their UFC Fight Night bout in Busan, South Korea. Jung needed just three minutes, 18 seconds to […]
MLB and Umpires Reach Deal to Develop Computer Strike-Zone System
Major League Baseball and the MLB Umpires Association reportedly reached an agreement on Saturday to develop and test a computer strike-zone detection system. The automated system, which should greatly improve call accuracy, could be used in MLB games sometime within the next five years. According to Associated Press sources, the […]
DraftKings Going Public in Three-Way Merger With SBTech, Diamond Eagle Acquisition
Sports betting and daily fantasy sports company DraftKings will likely go public sometime in the first half of 2020, thanks to a merger with gambling technology firm SBTech. The merger is being facilitated by Diamond Eagle Acquisition, with all three companies combining to form a new firm that will take […]
Bettor Parlays $1,600 into $171,272 in Big Weekend Win
An unidentified online gambler managed two big parlay card wins on Friday and Saturday. The savvy bettor utilized everything from the NBA to the NFL to European basketball leagues to hit his first parlay card. On his second card, he bet on seven Friday NBA games. He spent a total […]
Josh Gordon Suspended Indefinitely for Violating NFL Substance Abuse and PED Policies
The NFL has indefinitely suspended Seattle Seahawks wide receiver Josh Gordon for violations of the league’s substance abuse policies, including the use of performance-enhancing drugs. The suspension is the sixth for Gordon since 2013, and the fifth to involve substance abuse issues. Gordon Split Time with Pats, Seahawks in 2019 […]
Golf Notes: Presidents Cup Captain Tigers Woods Earns Rave Reviews
There were a couple of slip ups, but for the most part, Presidents Cup captain Tiger Woods earned high praise for his first attempt at leading a team. The US team staged a huge comeback to capture the trophy at Royal Melbourne in Australia on Sunday. International team captain Ernie […]
After Record Week, a Review of MLB’s Ugliest Pitching Contracts
This week, the record for the highest MLB pitching contract was broken — twice. While high-dollar pitching contracts have fueled stunning careers, there have been some contracts that clubs would sooner forget. On Dec. 9, the Washington Nationals retained starting pitcher Stephen Strasburg with a $245 million contract. The seven-year […]
NJ Sports Betting Handle Exceeds $500 Million for First Time in November
New Jersey’s sports betting handle continues to grow at a rapid pace, as bettors put down approximately $563 million in wagers during the month of November, according to numbers provided by the Department of Gaming Enforcement. The number is a new state record, breaking the previous mark of $487 million […]
Current Odds Predict Trump Impeachment Without Resignation
The probability that President Trump will be impeached before the end of his first term is now 90 percent. Prediction markets, however, still don’t think a Trump resignation is in the cards, regardless of impeachment. And resignation could be an important factor for impeachment bettors. After the House of Representatives […]
Legislative Roundup: Michigan Passes Sports Betting, Online Gambling Bills
The Michigan Senate overwhelmingly passed a package of bills on Wednesday that would legalize four different types of online gambling, including sports betting. The bills, which were changed slightly from their original versions, were then approved by the state House, and will now go to the desk of Governor Gretchen […]
OG Interview: Expert Blackjack Tips from 2019 UK Dealer of the Year
Catalina Huzum, winner of the 2019 UK Dealer of the Year Championship, and the first woman to receive the award, has shared her best blackjack tips in an exclusive interview with OnlineGambling.com. The competition, which was held at the Genting International Casino, Resorts World Birmingham in March, pits the top […]
Cardinal Sin: Josh Shaw Bet Against Arizona in Three-Team Parlay That Led to Suspension
ESPN reported that Josh Shaw bet against his own team as part of a three-team parlay, one of the wagers that led the NFL to suspend the defensive back through at least the 2020 season. Sources told ESPN that Shaw made a three-team parlay at a Caesars sportsbook in Las […]
Arizona Cardinals’ Josh Shaw Suspended for Betting on NFL Games
The NFL indefinitely suspended Arizona Cardinals cornerback Josh Shaw for betting on multiple NFL games. At a minimum, Shaw’s suspension will last through the end of the 2020 season. Shaw is currently on injured reserve, and has not played in the 2019 season. As it stands, Shaw won’t be eligible […]
One Bet, $100: Buffalo Should Pull Off Upset in Bills-Cowboys Game
Of the three Thanksgiving games, the one that should be the most entertaining is Bill-Cowboys. I also think it is the one that has the most potential from a betting standpoint. So with this holiday special of One Bet, $100, I am taking Buffalo on the moneyline. The Bills, who […]
Sports Betting Roundup: DraftKings, New Hampshire Reach Agreement for January Launch
The New Hampshire Executive Council approved a contract between DraftKings and the New Hampshire Lottery on Monday, opening the door for the state to start offering sports betting as soon as January. While the deal is not exclusive, DraftKings won the contract after a competitive bidding process in which New […]
Nike’s Tough Choice After Ionescu Jersey Sells Out in Hours
When Nike offered Sabrina Ionescu’s Oregon Ducks basketball jerseys for sale, they sold out within hours. This may not have been a miscalculation on Nike’s part. Until the NCAA allows a student-athlete to profit from their name and likeness, companies need to tread lightly in the college market. It began […]
NFL Betting Recap: Sportsbooks Split on Seattle, Detroit
It was a push for the sportsbooks in NFL Week 12, as they won on Detroit, lost on Seattle, and watched Tampa Bay hit the over for the ninth straight week. William Hill reported that 81 percent of the tickets written were for Seattle, and 76 percent of the money […]
MLB Proposal Would Eliminate 42 Minor League Teams
Major League Baseball (MLB) is pushing a proposal that could eliminate 42 minor league teams. The proposal would also restructure the relationship between the two professional baseball organizations, stripping some of the traditional powers away from MiLB. Every two years, the major and minor league baseball organizations negotiate and sign […]