When the 2019 Kentucky Derby starting gate springs open a lot more will be at stake – a million dollars more to be exact – thanks to new revenue from historical horse racing machines. That’s because the purse for the US’s most prestigious race has been boosted to $3 million from $2 […]
Gambling Industry
DraftKings Sports Betting National Championship Ends in Controversy As Leader Can’t Make Final Bet
The first ever DraftKings Sports Betting National Championship was an exciting affair that came down to the final minutes of the playoff game between the Philadelphia Eagles and the New Orleans Saints. But the finish was marred by controversy, as one of the leaders was unable to place a critical […]
Bohemian Rhapsody, Rami Malek Improve Oscar Odds After Golden Globe Wins
The surprise win by the film Bohemian Rhapsody at last weekend’s Golden Globes has shot its odds for an Oscar win much lower. The biopic about the rock band Queen, and its lead singer Freddie Mercury, has seen its odds drop from 20/1 to 7/1 at several internet sportsbook sites. […]
Crime Ring Busted by Spanish Police in Tennis Match Fixing Scheme
The sport of tennis received another serious charge of match fixing, the second scandal in as many years. Spanish police said 83 people were indicted, including 28 professional players, in a scheme that was run by an Armenian crime gang. The ring bribed lower level tennis players to fix matches, […]
Las Vegas Police Issue Warrant for Cristiano Ronaldo DNA in Connection With Rape Accusation
The Las Vegas Metropolitan Police Department (LVMPD) has issued a warrant to authorities in Italy seeking DNA from Cristiano Ronaldo in connection to a 2009 incident in which a woman has accused the soccer superstar of raping her. The LVMPD reopened an investigation into the case in September after a […]
Truthiness Pays Off Bigly for Online Gamblers Betting on Trump Falsehoods in Oval Office Address
Online gambling site Bookmaker.eu is out more than a quarter-million dollars after 92 percent of bettors took the over on President Donald Trump making more than 3.5 false statements during his Tuesday address on the government shutdown and border security from the Oval Office. The online betting site used the […]
Jalen Hurts Time at Alabama Over as Junior Puts Name in NCAA Transfer Portal
Jalen Hurts is apparently through with the Alabama Crimson Tide, as the junior entered his name into the NCAA transfer portal. That move allows other college football programs to make contact with him about transferring to their university. If not in the transfer portal, talking to a player about transferring […]
PGA Tour Commissioner Jay Monahan Says Sports Betting Engages Fans
While other professional sports executives have been slow – or even outright resistant – to embrace sports betting, PGA Tour Commissioner Jay Monahan told a group of reporters recently the activity could benefit golf. It was the second time the head of professional golf said he supported legalized sports wagering […]
Washington D.C. Sports Betting Proposal Delayed After Calls for Public Input
The Washington D.C. Council decided not to fast-track a proposal to legalize sports betting, instead opting to allow for a public hearing before the legislation can go into effect. The council had considered pushing through the measure as emergency legislation, which would circumvent the need for a public comment period. […]
Lack of Entries Could Mean Large Overlay for DraftKings Sports Betting National Championship
When DraftKings guaranteed $2.5 million in prize money for its first ever Sports Betting National Championship, the company likely knew that it was setting an ambitious target for a contest that had never been tried before. But a lack of entries just days before the tournament begins could lead to […]
Oddsmakers Believe Next Cincinnati Bengals Head Coach Could be Inside Job
Some fans don’t think Cincinnati Bengals offensive coordinator Bill Lazor should have his current job, much less be a candidate for the team’s head coaching position. BetOnline.com believes otherwise. They have made Lazor the 2/1 favorite to be the organization’s next head coach. Lazor, 46, has never been a head […]
Connecticut Lawmakers Introduce Bill to Legalize Sports Betting at Casinos
 A group of Connecticut legislators has introduced a bill in the state that would legalize sports betting at the Mohegan Sun and Foxwoods casinos, as well as online keno games. The group of lawmakers – a bipartisan delegation that comes from the southeastern portion of the state – introduced the […]
Washington Wizards Experimenting with Alternate Gambling-Focused Television Broadcasts
NBC Sports Washington Plus will offer an alternate broadcast for Friday’s NBA game between the Washington Wizards and the Milwaukee Bucks, one that is designed to appeal specifically to fans with a betting interest on the contest. The secondary broadcast will feature on-screen displays with sports betting analytics and player […]
Five Burning Questions for PGA Tour Season
The PGA Tour season has been in full swing since October, but most purists don’t really count the Fall Swing. Instead the golf calendar begins in January with the Tournament of Champions on the first week of the year. In two weeks the West Coast Swing will begin, and many […]
Could Horse Racing’s Past Save Its Future? Illinois, Virginia Look to Historical Gaming Machines for Slot-Like Revenues
It’s no secret the equine industry has been experiencing hard times. But in Illinois and Virginia, two major horse racing and breeding states, there’s new hope that “historical horse racing†machines will bring new gaming revenues to struggling tracks. Such HHR machines — essentially slots with random-number generators built on […]
Caesars Entertainment Becomes NFL’s First Official Casino Sponsor
The NFL is joining the bandwagon of professional sports leagues that are partnering with major gaming firms, announcing Thursday that Caesars Entertainment would become the league’s first official casino sponsor. According to the Associated Press, sources say that the deal is worth $30 million per year over three years. Sports […]
Big Bettors of the Year: ‘Sir Let it Ride’ and ‘Duffle Bag Boy’
Sportsbooks see some pretty interesting characters, some of which have a fondness for the large wager. There was a couple of guys who strolled into Las Vegas casinos with sacks of cash to put on marquee games or events. In 2018 it seemed like the high-profile bettor was taking some […]
Scandal! 2018 Saw Sports Heroes, Athletic Programs Run into Trouble Big and Small
Sports in 2018 was riddled with scandal in both college and professional ranks. Some of the offenders offered a mea culpa, while others denied, denied, denied. It was a year that saw one of the biggest names in fighting perp-walked in handcuffs, and a college basketball bribery scandal that will […]
Seattle Seahawks Reward Pete Carroll with Contract Extension Through 2021
Pete Carroll, the oldest coach in the NFL at 67 years old, will earn $11 million per season after a contract extension with the Seattle Seahawks. “The organization has been exceedingly good to me throughout the whole time we’ve been here,” Carroll said. “And they’ve continued to take that position, […]
State of the States: How Legal Sports Betting Spread Across America After PASPA Repeal
When 2018 began, there was only one place in the United States where bettors could legally place bets on sporting events: Nevada, which had been allowing the practice for decades. But when the Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) in May, the doors were opened […]