Is the $11 Billion Online Sportsbook Bubble About to Burst?
Shohei Ohtani walks up to home plate at New York’s Citi Field, and the L.A. Dodgers fans, who are well in attendance on this Wednesday afternoon, are up on their feet. “So, ideally you get a pop-up, right? You got like five seconds in the air. God forbid the guy drops the ball.” I’m sitting […]
Missouri Sports Betting Passes by Slimmest of Margins
On election night, Missouri became the first – and likely only – state to approve a statewide expansion of gaming in 2024. And it took the electorate, not the legislature, to get the job done. Missouri voters narrowly passed Amendment 2, 50.1 percent-50 percent. In terms of votes, there were 1,468,306 for, and 1,463,940 against, […]
Transparency In Gaming Policy: Looking To Find The Ghost In The Machine
Missouri is the latest in a long line of jurisdictions where a lot of money is flowing into the state from gaming companies over the possible introduction of sports betting. It is presently estimated that approximately $45 million will be spent on Amendment 2 by gaming interests. Amendment 2 would authorize sports betting. There are curiosities about Amendment 2. First, […]
‘I literally can’t stop.’ The descent of a modern sports fan
YUMA, Ariz. – Buddy Hield … who is this Buddy Hield? Jordan Holt typed furiously on his computer in his Phoenix hotel room, searching for information on Indiana Pacers guard Buddy Hield. Holt, a 43-year-old meter and relay technician, was steaming mad, having just watched an NBA game between the Boston Celtics and the Pacers. […]
Bloomberg: ‘Sports Betting Apps Are Even More Toxic Than You Thought’
Among the main challenges for a pro bettor is finding places that will take your money. If you show signs of being good, or even just highly methodical, most sportsbooks will drastically limit how much you can wager. But there are ways around this. Sharps, as pros are known, often employ surrogates to place bets […]
On Second Try, Massachusetts Meeting On Bettor Limiting Amplifies Both Sides
Cory Fox, the vice president of product and new market compliance for FanDuel, didn’t choose the ideal wording when he said during Wednesday’s public meeting hosted by the Massachusetts Gaming Commission, “This is a very limited set of users.” The topic of the meeting was the practice of regulated sportsbooks in Massachusetts (and throughout the U.S.) restricting […]
Massachusetts Regulators Set Sports Betting Limitation Meeting Date For Sept. 11
A much-anticipated public roundtable on the practice of limiting sports betting customers finally has a set date. The Massachusetts Gaming Commission will host a roundtable on limiting sports betting customers on Wednesday, Sept. 11. The commission has been discussing the potential for a new meeting for the last month after the majority of licensed sports betting operators […]
Clean Sweep: Advantage Players Have Found Edges In Sweepstakes Casinos
The late Doyle Brunson is credited with calling the game of poker “a hard way to make an easy living,” and it’s a statement that applies to any form of gambling where it’s possible, by skill or by scheme, to come out ahead in the long run. Nowadays, everyone knows about the existence of professional […]
American Bettors’ Voice Welcomes Technology Entrepreneur Adam Robinson to its Advisory Board
Las Vegas, NV. (August 20, 2024) — American Bettors’ Voice (ABV), the leading advocacy group representing bettors’ rights in the United States, is proud to announce that Adam Robinson, a veteran technology entrepreneur and legislative strategist, has joined the Advisory Board. With over 25 years of experience in scaling high-growth technology companies and leading grassroots […]
Schuetz: Scenes From BetBash, The Soul Of The Sports Betting Industry
It was about five years ago. I received a call from a gentleman named Spanky, who wanted me to visit with him on his podcast and talk about my time at the Stardust Hotel & Casino in Las Vegas, especially as it concerned Stardust’s race and sports book. Spanky dropped Captain Jack’s name, who he […]