Category: News

NCAA president Charlie Baker is calling for a ban on college player props after weeks of betting controversies across the world of sports. “Sports betting issues are on the rise across the country with prop bets continuing to threaten the integrity of competition and leading to student-athletes and professional athletes getting harassed,” Baker said in…

DraftKings reached an agreement to acquire Jackpocket — the lottery app — for $750 million, the company announced on Thursday. Jackpocket is the leading lottery app in the United States and app users can play the lottery right from their phones. “ThepProposed transaction will enable DraftKings to access and grow into the massive U.S. lottery…

Florida is shutting down daily fantasy sports operators PrizePicks, Underdog Fantasy and Betr for offering “illegal bets.” The Florida Gaming Control Commission sent cease and desist letters to the three daily fantasy operators, forcing them to shut down current contests “We can confirm that we have reached a negotiated resolution with the FGCC to cease…

DraftKings is going after its former head of VIP operations after filing a lawsuit claiming an elaborate scheme to steal VIP bettors, take confidential information and bring employees with him to Fanatics. The sportsbook tycoon filed a civil action in the US District Court in the District of Massachusetts alleging that Michael Hermalyn had an…

Nearly two years after getting shut out of obtaining a mobile gaming license in New York, U.S. sports betting’s most frothy market, Fanatics has taken a step closer to getting approval. The New York State Gaming Commission on Tuesday approved Fanatics as a betting vendor, which got the audience of the gaming commission by buying…

Giants vs 49ers Odds [gamematchup league=”nfl” awaylogo=”https://static.sprtactn.co/teamlogos/nfl/100/nygd.png” awayname=”Giants” awayslug=”new-york-giants” homelogo=”https://static.sprtactn.co/teamlogos/nfl/100/sf.png” homename=”49ers” homeslug=”san-francisco-49ers” date=”Sunday, Sept. 21″ time=”8:15 p.m. ET” network=”PRIME” col1text=”Spread” col2text=”Total” col3text=”Moneyline” col1awaytext=”+10″ col1awayline=”-110″ col1hometext=”-10″ col1homeline=”-110″ col2awaytext=”44.5″ col2hometext=”44.5″ col2awayline=”-110o / -110u” col2homeline=”-110o / -110u” col3awaytext=”+400″ col3hometext=”-550″ col3awayline=”” col3homeLine=”” bookname=”BetMGM” bookthumbnaillogo=”https://assets.actionnetwork.com/902516_MGM2.png” bookreviewslug=”betmgm”][/gamematchup] Running back Saquon Barkley, who went down with an ankle injury during the New York Giants’…

Phil Mickelson has been mostly silent since legendary sports bettor Billy Walters told the world about Mickelson’s gambling addiction in a book published last month. But that all changed on Monday. The six-time majors champion released a statement on social media, declaring he would not be wagering on football this fall. “Most of you will…

Billy Walters is, by most accounts, the greatest gambler in American sports betting history. The man says he has won for 36 years betting on sports — and he has the tax records to prove it. Walters has also said — in his new book “Gambler: Secrets From A Life At Risk,” co-written with Armen…

The sports betting world exploded Tuesday when ESPN announced it had forged a deal with PENN Entertainment to license its brand as a sportsbook. The deal to create ESPN Bet — worth $1.5 billion in cash over the first 10 years, in addition to $500 million in stock warrants — isn’t necessarily what caused all…

Surrounded by states on the East Coast that have long legalized sports betting, Vermont is ready to take the plunge. The sports betting bill, which would legalize the practice in the state by permitting up to six mobile apps, passed the state House and Senate and now goes to Gov. Phil Scott, who indicated on…

Fanatics has loads of ground to make up in its fight against sports betting behemoths FanDuel and DraftKings. The sports merchandising company took its first step this week by acquiring PointsBet and its various state licenses — including New York, New Jersey, Michigan, Pennsylvania and Virginia — with an eye toward launching its sportsbook in…

BLACK HAWK, Colo. — On a spring afternoon in a small Colorado town, there are so few people outside that you can hear the water rushing in the North Clear Creek that runs through town. There are so few residents here that if you walk the less than two square mile stretch that makes up…

Iowa State has reported at least 15 student-athletes that the university says were alleged to have been involved in illicit sports gambling, according to a statement released on Monday. The athletes compete for Iowa State’s football, wrestling and track and field teams, the statement said. “The university has notified the NCAA and will take the…

Fresh off the Alabama baseball betting scandal, another inquiry of the same ilk is underway. On Monday, the Iowa Racing and Gaming Commission told Action Network it has launched an investigation into the University of Iowa’s baseball team after players were suspended for the team’s series against Ohio State this past weekend. The email from…

The man who placed wagers with a BetMGM Sportsbook at the Cincinnati Reds’ home ballpark in connection with former Alabama head baseball coach Brad Bohannon is a former high school baseball coach, multiple sources told the Action Network on Friday. Bohannon was on the phone with the former coach, whose identity has not been disclosed,…

University of Alabama director of athletics Greg Byrne has fired head baseball coach Brad Bohannon five days after a betting oversight organization reported “suspicious” wagering activity involving a game against LSU last week. Alabama sophomore Luke Holman had been scheduled to start vs. LSU but was scratched last minute with a back injury. Holman leads…

Penn Entertainment’s stock ($PENN) closed down 13.7% on Thursday amid a lukewarm earnings report and after a Barstool Sports podcast host uttered a racial slur on air. The company’s Q1 earnings were released on Thursday, which missed Wall Street estimates. Penn earned $0.31 per share. Meanwhile, the average estimate in a survey conducted by Zacks…

PointsBet has hired an investment bank to explore a sale of its American business, reports indicated Tuesday. The news comes amid recent downsizing across the company — several traders and PR personnel had been laid off in recent months — and alterations to two lucrative marketing deals. The exploration also occurs amid a downturn in…

Sportradar recently released an annual report on match fixing and the integrity of sports across the globe. The results may surprise you. In the United States, sports betting has become more prominent since states began legalizing it across the country. That has brought the integrity of sports into question. The U.S. is behind other countries…

The Massachusetts Gaming Commission will host a hearing regarding whether Barstool Sportsbook broke any state regulations in promoting its “Can’t Lose Parlay.” The “Can’t Lose Parlay” is a popular pre-made wager that Barstool Sportsbook has advertised tongue-in-cheek for the better part of four years. For the promotion, Dan Katz — better known as Big Cat…