Two new, low-takeout late Pick 5 wagers and what many are calling the strongest European contingent ever highlight the 2018 Breeders’ Cup World Championships, set for Churchill Downs, Nov. 2-3. Consisting of 14 races over two days with more than $30 million in purses and special awards, the Breeders’ Cup, […]
Gambling Industry
William Hill Sues FanDuel in New Jersey for Copyright Infringement on Sports Betting Guides
William Hill filed a civil complaint against FanDuel in a New Jersey federal court on Tuesday, saying that their competitor committed copyright infringement in the creation of a sports betting guide being distributed at the Meadowlands Racetrack. According to William Hill, a guide to sports betting that is available at […]
Kentucky Court Designates Historical Racing Machines as Legal Pari-Mutuel Betting, Not Slots
In a case that has kicked around in the judicial system for nearly eight years, a Kentucky Circuit Court ruled this week that historical horse racing machines are indeed a form of pari-mutuel betting and thereby legal in the Bluegrass State. Though applicable only in Kentucky, the court’s determination could […]
How Much Does It Really Cost to See Your Favorite NFL Team Play? OG’s Gameday Calculator Knows
Going to an NFL game isn’t cheap. No matter what city you’re in, and depending on how good your seats are, what you plan to eat and drink, and even how close you want to park, a day at the game with the family can cost you more than a […]
Is It Time for Horse Racing to Upgrade Photo Finish Technology?
In horse racing, a picture is worth only four words – win, lose, or dead heat – not the thousand as the bromide goes. But now, at least one prominent trainer is calling for the racing community to reconsider the technology that determines the difference, saying that his horse got […]
New Jersey Sports Betting Handle Nearly Doubles in September (Thanks, Football!)
New Jersey took in $184 million in wagers during the month of September, a figure that nearly doubled the $95 million bet in the state during August. That growth was fueled both by the start of football season – traditionally the sport that generates the most revenue for sportsbooks in […]
DraftKings to Introduce Sports Betting National Championship with $2.5M Guaranteed Prize Pool
DraftKings has announced the creation of the Sports Betting National Championship, an event scheduled to take place in Jersey City, New Jersey, in January 2019. The tournament will take place from Jan. 11-13, and features $2.5 million in guaranteed prizes, including more than $1 million for the eventual winner. Biggest […]
MLB Stuck on ‘Integrity Fee,’ Official Data in Sports Betting Debate at G2E
Officials from Major League Baseball and the American Gaming Association battled over the feasibility of incorporating integrity fees into legal and regulated sports betting in the US, during a panel discussion at the Global Gaming Expo (G2E) in Las Vegas on Wednesday. In a panel discussion moderated by ESPN broadcaster […]
Nikki Haley Replacement Odds: No Clear Pick for Trump’s Next UN Ambassador
United States Ambassador to the United Nations Nikki Haley shocked White House officials and the Washington DC press corp Tuesday by announcing her resignation at the end of the year. Now President Donald Trump has to fill a position that most thought was stable, furthering the view his administration is […]
Sports Betting Is Hot Topic at G2E Gaming Convention in Las Vegas
The Global Gaming Expo (G2E) began on Monday at the Sands Convention Center in Las Vegas, and while exhibitors from around the world showed off products and information of interest to every corner of the gaming industry, it is sports betting that has dominated the discussion so far. According to […]
NASCAR Will Issue New Rules on Gambling for 2019 Season
NASCAR president Steve Phelps says that the auto racing series will implement new guidelines on sports betting before the 2019 season, covering topics ranging from who is and is not allowed to place bets on races to how gambling-related sponsorships will be managed. Phelps’ comments came during last weekend’s NASCAR […]
Pennsylvania Gaming Control Board Approves First Round of Sports Betting Licenses
The Pennsylvania Gaming Control Board has awarded the first two sports betting licenses in the state, opening the door for operators to start taking bets later this year. In a Wednesday meeting, the PGCB awarded licenses to Greenwood Gaming & Entertainment, which will run sports betting operations through Parx Casino […]
New Study Claims NHL Could Earn $216M Annually From Sports Betting
Outside of the Vegas Golden Knights, NHL teams haven’t traditionally attracted a ton of attention from sports bettors. But according to a new study by Nielsen Sports, the league could still see significant benefits from legalized sports betting. According to the study, which was commissioned by the American Gaming Association […]
Betting on Amazon: Telling Odds as City Competition for Second Headquarters Heats Up
After a quiet six months, it appears Amazon executives are getting closer to choosing a city for its second headquarters. There were 20 finalists disclosed in January, and they have been courting the online retail giant with hopes of becoming the trillion-dollar company’s new home. The strength and weakness of their […]
Congressional Hearing Suggests Feds Could Get Involved in Sports Betting
A Congressional hearing on sports betting held by a House Judiciary subcommittee Thursday suggested that there may be an appetite for some sort of federal regulation of the industry, though no clear path towards legislation has materialized. In what was the first Congressional hearing to deal with the sports betting […]
Supreme Court Betting: Kavanaugh Confirmation Odds Swing Dramatically in Emotional Senate Hearing
In a day of testimony before the US Senate Judiciary Committee that left millions of viewers transfixed for hours, the odds of Judge Brett Kavanaugh being confirmed to the Supreme Court proved nearly as volatile as the proceedings themselves. The Judiciary Committee first heard from Dr. Christine Blasey Ford, who […]
Midterm Election Odds Showcase Tight Races and America’s Political Divide
Will Democrats control the US House of Representatives and/or the Senate after November’s midterm elections? One UK betting site believes the races will be incredibly close, and has set the lines accordingly for people wanting to bet midterm election odds. Paddy Power, which offers odds on all American congressional races, […]
William Hill Partners with IGT, Continuing Bookmaker’s Aggressive American Sports Betting Push
William Hill continues to expand its presence in the American sports betting market, announcing Tuesday that it would be partnering with International Game Technology (IGT) to create a full service solution for sports betting that will be offered to state lotteries in the USA. The two companies have already worked […]
FanDuel Reverses Decision, Will Pay Bettors Who Took Advantage of Erroneous Odds on Broncos
After a few days of controversy, FanDuel has decided to honor the bets made by a dozen gamblers in New Jersey who received erroneously high odds on the Denver Broncos to beat the Oakland Raiders during an 18-second window on Sunday. FanDuel had initially only agreed to pay bettors at […]
DraftKings Mobile Sports Betting App Crushing Expectations, Nearly 2 Million Bets in 6 Weeks
There’s no shortage of demand for football and gambling in America. So when mobile sports betting technology was introduced in New Jersey a month before the NFL and NCAA kicked off their seasons, executives were drooling with optimism. But not even DraftKings CEO Jason Robbins could predict just how popular […]