Betting
Calif. AG declares daily fantasy sports illegal
California Attorney General Rob Bonta on Thursday issued a formal legal opinion “declaring that daily fantasy sports platforms constitute a form of illegal online sports betting.” Bonta concluded that the “operation of daily fantasy sports (DFS) contests, such as those offered by DraftKings, FanDuel...
FBI investigating Malik Beasley for gambling
FBI agents in N.Y. have “launched a wire fraud investigation” of Pistons G Malik Beasley “related to gambling and prop bets.” The investigation involving “one of the top NBA unrestricted free agents this offseason” has “been underway for about 18 months and is being overseen by” the U.S. Attorney’s ...
Mets’ Cohen applies for N.Y. casino license
Mets owner Steve Cohen, along with Hard Rock International, “submitted the casino license application for Metropolitan Park to the Gaming Facility Location Board for approval” on Friday. The centerpiece of Cohen’s $8B “dream to renovate the 50 acres of land surrounding Citi Field” is the “constructi...
SBJ Betting: NASCAR hopes in-season tourney brings new opportunities
SBJ Betting: NASCAR hopes in-season tourney brings new opportunities
U.S. sports betting handle for May looks to be slightly below April
U.S. handle for May is tracking slightly behind April, down 2%, with regulators in seven states still to report.
NASCAR joins leagues keeping watch on Kalshi prediction markets
NASCAR has joined the growing list of sports now grappling with how to handle the fact that its events are now available on the prediction market exchange operated by Kalshi.
A bracket, head-to-head odds and an alt-feed fuel NASCAR’s latest push to drive fans to sportsbooks
NASCAR was an early adopter of the idea that legalized sports betting could get more people to tune in to its races and stay longer. But it faced an uphill slog educating fans on how to bet and convincing sportsbooks to offer more than the basic, pre-race win odds.
Bids for N.Y. casino licenses due today
Three of the eight high-profile bidders for a casino -- a list that includes Mets owner Steve Cohen and MGM Resorts International -- will win a license to operate in downstate N.Y. The initial bids are due today. The lineup has “narrowed in recent months, with three contenders dropping out.” The rem...
NCAA to vote this week on changing betting rules
This week, NCAA leaders “could advance new legislation that would significantly change the permissible sports wagering landscape in college,” according to sources. The NCAA Division I BOD voted 21–1 in April “in favor of directing the D-I Council to ‘adopt legislation to deregulate the prohibition o...
FanDuel Sportsbook in PHX Arena to end gaming operations
The FanDuel Sportsbook lounge inside PHX Arena will “become a lounge and will cease sportsbook operations as of July 24,” less than four years after it opened on the first day of legalized sports gambling in Arizona, according to Jason Wolf of the ARIZONA REPUBLIC. The 7,400 square-foot sportsbook, ...
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Quote of the Day
I love it that we beat the hot, sexy southern cities. Michigan and Ohio, in particular, we always struggle to have these kinds of wins when we're competing against these hot, sexy cities. And I love it today that we stuck it to them and we won.-- Pistons Vice Chair Arn Tellem, on the likes of Detroit and Cleveland getting WNBA expansion teams over southern cities that are often referred to as new centers of business growth.
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