Players and fans weren’t the only ones celebrating the Tennessee Titan’s surprise win over the Baltimore Ravens on Saturday. Sportsbook operators were claiming one of the biggest victories of the year after the AFC Divisional Playoff game. Several oddsmakers boasted on Twitter that Tennessee’s 28-12 upset over Baltimore gave them a six-figure win.
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Indiana’s sportsbooks managed to amass $12 million in total sports betting revenue off $161.8 million handle, marking a new state record in December, 2019. These new results constitute a 28.9% increase month-over-month compared to November, 2019.
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Baseball executives aren’t ready to accept it’s going to stay that way forever. Kenny Gersh, MLB’s president of gaming and new business ventures, sees the sport — one that’s long inspired obsession over statistics, numbers and probabilities — as a natural fit for niche betting markets like proposition wagers.
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The casino industry on Friday published research stating that many states might not be meeting their obligations for responsible and problem gambling. Bill Miller, president and CEO of the American Gaming Association, said in a statement that it was “troubling to see that state responsible gaming funds are not always used for their intended purpose.”
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Combined sports betting revenues from all licensed sportsbooks took in $2.9 million, which is a 19.3% decline compared to November, the lowest full month since sports betting activities were launc
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Lawmakers passed bill in June, and governor has until 11:59 p.m. Friday to sign, veto or let it become law
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The Consumer Electronics Show put sports betting under the spotlight Tuesday with a panel discussion on its future and need for technology that matches other industries.
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Jade Roper-Tolbert, a past contestant on the reality TV series "The Bachelor," won a $1 million fantasy football contest over the weekend, but controversy ensued shortly after and an investigation has been launched.
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With two strikes against them, the leagues may have hit on a way to cash in: selling their official data to gambling companies, making the case that the leagues are creating new products for gamblers to bet on. Six of the largest U.S. bookmakers already use official league data under terms they negotiated directly with the leagues.
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This season’s Divisional Round kicks off Saturday at 4:35 p.m. ET as the NFC sixth-seeded Minnesota Vikings visit the No. 1 San Francisco 49ers, who are 7-point favorites. San Francisco has covered only five of its past 25 games as a betting favorite, while Minnesota is 3-7 ATS in its past 10 as an underdog.
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The XFL, the fledgling US professional football league owned by Vince McMahon’s Alpha Entertainment, has struck a multi-year partnership with Genius Sports to protect against the threats of improper and illegal betting-related conduct.
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Welcome to the wild world of novelty betting, where leaks and nonsense rumors fuel a low-stakes, international market that produces more wild stories than massive scores. It's a world that, for the most part, state regulators require U.S. bookmakers to avoid.
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