Articles by Zach Wolpin (160)
Six years ago, the US Supreme Court struck down the federal wagering ban, allowing states to open legal wagering markets. Since then, 38 states including Washington D.C. and Puerto Rico have some form of legal sports betting. One of the states that is still without legal online sports betting is Oklahoma. Recent court rulings have […]
Starting on Thursday, July 25, Nebraska legislators will meet for a special session called by Governor, Jim Pillen. The goal of this special session is to discuss the property tax reform issue in the state. Previously, reports had indicated that legal sports betting might not be available to residents until 2026. However, legislators are expected […]
On Monday, two famous sports bettors created a non-profit organization called American Bettors’ Voice (ABV). The two gentlemen involved in founding ABV were Billy Walters and Gadoon “Spanky” Kyrollos. Walters is one of the most famous sports bettors in US history. He previously had a 30-year winning streak. Walters has since gone into business. Kyrollos […]
According to figures from May, FanDuel was once again the runaway leader among all sports betting apps in Virginia. This data was provided from a fulfilled Freedom of Information Act request by the Virginia Lottery. Sportsbook operators in Virginia had their highest hold of the year at 11.9%. This was the 12th time in 15 […]
According to the Louisiana Gaming Control Board, the state collected $27.2 million in gross sports betting revenue for June. This was the seventh consecutive month that the state’s collective hold hit double digits. All sports betting operators in Louisiana combined for a 12.8% hold against $212.1 million in the handle. That was their third straight […]
In March 2021, DraftKings bought the Vegas Sports Information Network (VSiN) for $70 million. Brian Musburger founded this company and is the nephew of legendary sports broadcaster Brent Musburger. Fellow co-founders Bill Adee and Brian Musburger began VSiN in 2017. Roughly three years after selling their company to DraftKings, Musburger Media announced Monday that they […]
BetMGM and Entain have a 50/50 joint venture in the sports betting market. On Monday, Entertain announced they are replacing interim CEO Stella David with a full-time candidate. Gavin Issacs is the new CEO of Entain. Once Issacs takes over, Mrs. David will replace Barry Gibson as the board chair on September 30. When Issacs […]
On Friday evening, SuperBook announced it would no longer be accepting wagers in eight states. Yet another change in the mobile sports betting landscape across the US. SuperBook posted on their X social media account that they are not taking wagers in Colorado, New Jersey, Arizona, Tennessee, Ohio, Maryland, Iowa, and Virginia after 8:00 p.m. […]
On Friday, the New York State Gaming Commission announced that FanDuel became the first sports betting app to post a hold of 10% or higher for the 10th straight week. FanDuel also held the previous record from July 31 to September 25, 2022. That was a nine-week streak that was just recently beaten. For the […]
Last Thursday, the National Council of Legislators from Gaming States had its summer meeting in Pittsburgh. There was hope from some operators in the US that New York’s 51% sports betting tax rate would decrease. However, it was discussed at the meeting last week that New York cannot go any lower than the 51% tax […]