Jason Saine, the North Carolina lawmaker who helped legalize sports betting, is resigning

For 13 years, Jason Saine has been serving in the North Carolina House of Representatives. However, his time will be coming to an end officially on August 12 as the 50-year-old has announced he is resigning from the position. Saine is an important figure for sports betting in the Tar Heel state as Jason Saine […]

Zach Wolpin  •  8H
Scottie Scheffler, the World’s #1 golfer, is the betting favorite to win the Open Championship

Starting on Thursday, the best golfers in the world will be playing at the Royal Troon Golf Club in South Ayrshire, Scotland for the 152nd Open Championship. It’s the oldest major in all of golf and the betting favorite heading into the prestigious events is the World’s #1 golfer, Scottie Scheffler. He has (+400) odds […]

Zach Wolpin  •  9H
Penn Entertainment laid off ESPN Bet employees ahead of Q2 earnings

Unfortunately, Penn Entertainment has been forced to make some tough decisions. Earlier this week, it was announced that the company is reducing its number of employees. Specifically, positions affecting those who work with ESPN Bet. On the job site LinkedIn, ESPN Bet employees began posting about being laid off by PENN. One public post was […]

Zach Wolpin  •  10H
In June, New Jersey’s sports betting handle totaled $748 million

On Tuesday, the New Jersey Division of Gaming Enforcement reported a sports betting handle of $748 million for June. That’s up 26.6% on a year-over-year basis. In the post-PASPA era, New Jersey leads all states in commercial wagering with $52.46 billion. Additionally, their $6.67 billion wagered in the first half of 2024 is up 31% […]

Zach Wolpin  •  17 Jul 2024
New Jersey’s horse betting marketplace will soon be open for competition

For over a decade, New Jersey has had one singular app control of all of the horse racing wagering in the state. That’s set to change after a deal between Darby Developments and NYRA Bets. Darby Developments is home to Monmouth Park in NJ. On Tuesday, it was announced that NYRA Bets will become the […]

Zach Wolpin  •  17 Jul 2024
Jontay Porter’s request to play in Greece was denied by a judge

Earlier in the year, former NBA player Jontay Porter found himself in the middle of a betting scheme. The 24-year-old was working with three other men to give them inside information on Porter to make the right bet. There were at least two separate instances when Porter even bet on himself. That’s directly against the […]

Zach Wolpin  •  17 Jul 2024
Accel Entertainment to Acquire FanDuel Sportsbook & Horse Racing, Add New Casino

Accel Entertainment, the largest terminal operator in the U.S. and a Chicago-based publicly traded company, is acquiring FanDuel Sportsbook & Horse Racing and the Collinsville horse track in Illinois in a $35 million stock deal.  Accel Entertainment agreed to a buyout of both Fairmount Holdings Inc. and its subsidiary, Fairmount Park Inc.  There are also […]

James Foglio  •  16 Jul 2024
In June, Massachusetts sportsbooks claimed $42 million in revenue

On Monday, the Massachusetts Gaming Commission reported $42.3 million in gross sports betting revenue for June. Operator winnings were up 28.1% compared to their numbers in June of 2023. That was notably lagging behind the 53.4% surge in their betting handle to $509.4 million. The Boston Celtics winning their 18th NBA title in June undoubtedly […]

Zach Wolpin  •  16 Jul 2024
MLB Commissioner Rob Manfred doesn’t anticipate federal intervention for legal sports wagering

In the last year, there have been several betting scandals across professional sports leagues in North America. Major League Baseball (MLB) has seen its fair share. Despite these betting scandals taking place, MLB commissioner Rob Manfred doesn’t envision federal intervention surrounding legal sports wagering. Manfred noted the emphasis on state’s rights and how it’s not […]

Zach Wolpin  •  16 Jul 2024