It’s information overload everywhere, and there’s not enough time to sleep and eat and stay fully informed of what’s happening on this crazy blue dot of ours (two out of three, that’s not is not bad). Here’s the Sports Handle article from the “Get a Grip” weekend, recapping the top of the week American sports betting stories, highlighting fresh news and rounding up key events.
Top stories around our network this week
Although speculation about fanatics entering the world of sports betting has been around for some time, it has intensified and spiced up the first week of summer.
Just this week, CEO Michael Rubin divested his stake in the parent company of several professional sports franchises, Fanatics received initial approval for a sports betting establishment operator license in Maryland, and the company is reportedly in talks to acquire US sports betting operator Tipico.
What’s next for the e-commerce giant as it moves closer to becoming a full-fledged player in sports betting? Stay tuned.
Say it ain’t, North Carolina
Key North Carolina mobile sports betting bill dies at House
Booking drafts isn’t easy
Johnny Avello: ‘I’m not the biggest fan of booking these drafts’
Now we know why
Woj’s bombshell misses the mark and sends NBA Draft betting markets into a state of inebriation
Improve or get beaten
Expert tips to become a better in-game sports bettor
It’s a good question
Why do Ontarians bet more on basketball than hockey?
Entering a Great Period of Gambling Expansion, Illinois Examined Problem Gambling in the State
In a solid week for the New York betting handful, Caesars mobile bookmaker finished in the red
Barstool and Caesars saw their handle increase in May, which the big three books cannot claim
Pennsylvania iCasino operators have released $100 million in six consecutive months
Slow and steady wins the…
Ohio is slow and methodical in building a sports betting platform compared to other states
Where do I sign?
Months before launch, Hard Rock Sportsbook offers Ohios $500 in bonus bets
The MGC prepares the legalization of sports betting
The Massachusetts Gaming Commission met on Wednesday and near the end of the meeting, MGC Executive Director Karen Wells led a discussion on the commission’s potential approach to determining technical standards and conducting testing. compliance for sports betting.
A pair of Massachusetts sports betting bills name the MGC as the state’s sports betting regulator, and the group wants to be ready, should either bill become law in 2022. The state’s legislative session ends at the end of July, giving lawmakers a few more weeks to hammer out a deal.
Wednesday’s discussion was only preliminary, but the group is considering the possibility of implementing Gaming Labs International’s technical standards, should betting be legalized. The MGC also seems interested in talking with other jurisdictions about the types of providers they use to help regulate sports betting.
– Bennett Conlin
PGA Tour partners with bet365
The PGA Tour announced on Tuesday that it has reached an agreement with bet365 to be an official betting operator until 2024. This is the first sports betting opening in Europe for the PGA Tour, which has made DraftKings its first official betting operator in the United States as of July 2020.
This agreement expanded an agreement between the parties that began with daily fantasy sports in 2019. Bet365, which operates in New Jersey and recently launched in Canada, is one of the predominant sportsbooks in Europe.
– bet365 (@bet365) June 21, 2022
Bet365 will serve as the exclusive source for odds on the rankings and player pages on PGATour.com and on TOURCast in the UK, Ireland and Australia. He will also have a brand presence at Warner Bros. Discovery (WBD) as part of their strategic partnership with the tour and will appear on WBD platforms, such as Golfdigest.com in the UK, Ireland, Australia and Canada.
“We are delighted to be working with bet365 to expand the Tour’s sports betting initiatives outside of North America,” said Scott Warfield, Vice President of PGA Tour Gaming. “Bet365 was the first operator to join the official tour in-play betting product, and they are set to experience tremendous growth, being at the forefront of in-play sports betting in golf. The tour continues to seek opportunities to innovate in new areas, with the goal of engaging with fans.
Launch of Caesars Racebook in Montana, Oregon
On Wednesday, Caesars announced that it has made its mobile racebook available to horse racing bettors in Montana and Oregon. These are the fourth and fifth states in which the app – a white-label version of the New York Racing Association’s early deposit betting platform – has launched, following Florida, Indiana and New York. ‘Ohio.
As Online gambling in New York reported in March, NYRA is also powering BetMGM’s ADW, through a white-label deal. Around the time the partnership with Caesars was announced the same month, NYRA President and CEO David O’Rourke said of the sports betting alliances: “Racing is currently offered in a shopping center in a side street. These guys are building mega malls. We just want a store in the mega mall.
Four Winds pays the price for the “bad beat” in poker
Earlier this month, Four Winds Casino posted a seven-way no-limit hold’em bad beat payout of more than $320,000 at its South Bend, Indiana venue.
A bad-beat jackpot is paid when a sufficiently strong hand is played but then beaten by another player with a stronger hand. The bad loser receives 50% of the jackpot, the winner receives 25% and the rest of the table shares the remaining 25%.
In this case, a player from Granger, Indiana had a hand of four 2s, only to be topped by a player from South Haven, Michigan, who rolled four 7s to trigger the bad-beat jackpot. The Granger player took home the top prize of $161,052.40, while the South Haven player received a payout of $80,526.20. The other five at the table received payouts of $16,105.24 each.
More of the most important and interesting stories
GOOD QUESTION: What if Californians adopt two sports betting initiatives? [Cal Matters]
BEAT DOWN: How sports betting companies are weathering the economic storm [Yahoo! Finance]
JUST PEACH: An ongoing saga of sports betting legalization in Georgia [Atlanta Journal-Constitution]
INFLUENCERS: Vegas sports betting giants roll the dice on Hollywood talent [Hollywood Reporter]
BE FAST BUT DON’T HURRY: Kansas sports betting aims to beat Jan. 1 deadline [Kansas Reflector]
A bettor in Louisiana placed $600 on Jameis to win MVP at 150/1 ⚜️
Potential gain: $90,000 💰 pic.twitter.com/jetTummCUe
—Caesars Sportsbook (@CaesarsSports) June 20, 2022
ONLY AT THE START: Dueling sports betting advertising campaigns are on the rise in California [KSBY]
NOT JUST A “GUY THING”: MaximBet caters to an underrated market – women [CDC]
TRANSPORT ME: DraftKings and Cubs Host Betting Betting Beam Signing Ceremony at Wrigley Field [MLB.com]
FROST TIPS: Caesars Sportsbook, Guy Fieri restaurant open at Chase Field [Cronkite News]
FANCY: Sports Illustrated wants to build a $410 million mega-resort in southern Mississippi [SunHerald]