Category: News
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Match Fixing Grew Across Globe in 2022 But Decreased in North America
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…
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Massachusetts to Hold Hearing Over Responsible Gaming Concerns About Barstool Sportsbook
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…
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NBA Rescinds Giannis Antetokounmpo’s Triple-Double. Here’s What the Lost Rebound Means for Bettors.
We have more NBA player prop controversy, this time involving Milwaukee’s Giannis Antetokounmpo during Sunday’s win over the Washington Wizards. And it affected multiple player prop betting markets. Antetokounmpo notched his ninth rebound in the waning seconds of the game, dribbled the ball virtually the entire length of the court and posted up right underneath…
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NFL Draft Odds: How to Bet Anthony Richardson, the Surging QB Prospect
NFL Draft stocks rise and fall at torrid paces. Florida quarterback and 2023 prospect, Anthony Richardson, is the single hottest commodity at the moment. Richardson’s hype train hasn’t just left the station — it’s already taken a full lap around the tracks. His odds have surged more than any other player this offseason, and he’s…
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Patrick Mahomes Injury vs. Jaguars: How Big Is the Drop-off to Chad Henne?
DraftKings Sportsbook will be refunding all losing single bets on Patrick Mahomes and all single-game parlays bets where the quarterback is the only losing selection. Mahomes exited Saturday’s NFL Divisional Round against the Jacksonville Jaguars with an ankle injury, but he returned for the Chiefs’ first offensive drive of the second half. The shop noted…
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Massachusetts to Investigate Barstool, Dave Portnoy’s Betting License Suitability Amid Responsible Gaming, Character Concerns
Penn Entertainment CEO Jay Snowden on Tuesday defended embattled Barstool founder Dave Portnoy and his company in front of the Massachusetts Gaming Commission, which has challenged Barstool Sportsbook’s suitability for a betting license. The commission received 29 total applicants for a 2023 sports betting launch and has spent significant time questioning Barstool’s merits as a…
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NHL Odds, Preview, Prediction: Senators vs. Kings (November 27)
Senators vs. Kings Odds Senators Odds +130 Kings Odds -155 Over/Under 6.5 (-105/-115) Time 10:30 p.m. ET TV BSW Odds via BetMGM. Get up-to-the-minute NHL Odds here. Fresh off a 5-1 win in Anaheim on Friday, the Ottawa Senators will wrap up their four-game Western road trip on Sunday by taking on the Los Angeles…
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Texas Lawmaker Proposes Bill to Legalize Sports Betting
It’s preliminary, but a Texas lawmaker has proposed a constitutional amendment that would legalize sports betting in the state. State Sen. Carol Alvarado (D) pre-filed the proposed legislation on Tuesday. The bill would need two-thirds support by the state legislature and approval by the majority of voters in an election to be instituted. Alvarado has…
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DraftKings Stock Down 20% After Earnings Call
Company earnings calls are usually a point of wild volatility for stocks, as the market learns new information. For DraftKings, that is no different. Shares of DraftKings were down a whopping 15.5% when the market opened on Friday morning, down to $13.23 – a four-month low – on the heels of third quarter earnings. By…
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Massachusetts Reveals Mixed Group of Sports Betting Suitors
All the usual suspects, and some fresh faces, are throwing their hat into Massachusetts‘ online sports betting ring – but is it too many? The Massachusetts Gaming Commission on Wednesday said it’s received paperwork from 23 companies hoping to win an online sports betting license: Bally Bet bet365 Betfred BetMGM Betr BetRivers Betway BuddyBet Caesars…
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Fubo Sportsbook Back Online for Users to Withdraw Funds
Two days after shutting down without warning, Fubo sportsbook is back online for customers to withdraw their funds. “Fubo Sportsbook is back online for existing customers in New Jersey, Iowa and Arizona to process withdrawals directly by logging into their accounts. If customers cannot process a request online, they should contact customer support for assistance…
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Fubo Shuts Down Sportsbook After $100M 3Q Loss
Fubo (NYSE: FUBO) have ended their mobile sportsbook operations, the company announced in a press release on Monday. The live-TV streaming company had registered total losses of about $100 million in Q3 of this year. _InlineAdBlock The company lost about $200,000 from Fubo Sportsbook in Q2 2022. The news comes roughly two months after Fubo…
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Malik Cunningham Injury Shifts Louisville vs. Virginia Betting Odds with Brock Domann Starting Week 6
Louisville star quarterback Malik Cunningham won’t play Saturday against Virginia, our own Brett McMurphy reported. Louisville senior QB Malik Cunningham won’t play today at Virginia, ending a streak of 40 consecutive starts, sources told @ActionNetworkHQ. Cunningham is out w/concussion-like symptoms. Brock Domann will make 1st career start for UL — Brett McMurphy (@Brett_McMurphy) October 8,…
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Sources: DraftKings and ESPN Close to Signing Exclusive Partnership
DraftKings and ESPN are getting closer. Sources told The Action Network that the nation’s No. 2 sportsbook and ESPN are on the cusp of signing an exclusive partnership. ESPN was looking for a partner, reportedly hoping to get $3 billion over a period of time that would lead to a sportsbook rebranding itself with the…
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Davante Adams Likely First Active NFL Player with Gambling-Related Sponsor
Davante Adams and MGM Resorts International have agreed to a deal that likely makes the Raiders All-Pro wide receiver the NFL’s first active player with a gambling-involved sponsor. Under the agreement, Adams becomes a brand ambassador for the global gaming, entertainment and hospitality company and will participate in special events at MGM’s Las Vegas and…
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The 10 Most Expensive Sports Trading Card Sales of All-Time
Most Expensive Sports Trading Card Sales to Date Player Card Price 1. Mickey Mantle 1952 Topps SGC 9.5 $12.6 million 2. Honus Wagner T206 SGC 2 $7.25 million 3. Honus Wagner T206 SGC 3 $6.6 million T4. Mickey Mantle 1952 Topps PSA 9 $5.2 million T4. LeBron James 2003-04 Rookie Patch Auto $5.2 million 6.…
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Jake Paul Announces Micro-Betting Site Betr, Raises $50 Million From Investors
Influencer-turned-boxer Jake Paul on Monday announced the creation of a micro sports betting site called Betr. The company raised $50 million from a variety of investors, drawing from the ownership groups of the San Francisco 49ers, Boston Celtics and Miami Marlins, as well as horse racing conglomerate Stronach Group. The list also features powerful names,…
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10 Biggest Lottery Prize Payouts of All-Time & Where They Were Sold
Biggest Lottery Winnings Ever Winner State Year Amount 1. Anonymous South Carolina 2018 $878M 2. FLL Wolverine Club Michigan 2021 $778M 3. Anonymous Illinois 2022 $747M 4. The Power Pack Maryland 2021 $547M 5. Scott Godfrey California 2017 $481M 6. Mavis Wancyzk Massachusetts 2017 $481M 7. Manuel Franco Wisconsin 2019 $477M 8. Richard Wahl New…
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The 10 Most Expensive Dinosaur Fossil Sales of All Time
Most Expensive Dinosaur Fossils Dinosaur Price 1.. “Stan”, T-Rex $31.8 Million 2. “Hector”, Velociraptor $12.4 Million 3. “Sue”, T-Rex $8.3 Million 4. “Big John”, Triceratops $7.2 Million 5. Gorgosaurus $6.1 Million 6. The Diplodocus Three $5.8 Million 7. Allosaurus $3.46 Million 8. Allosaurus vs. Stegosaurus, Fighting Pair $2.3 Million 9. Unknown Dinosaur $2.3 Million 10.…
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Fake Indian Premier League Dupes Russian Bettors With Staged Cricket Matches
A crazy story emerged from India on Monday, as it was revealed that an operation to broadcast and produce fake “IPL” cricket matches to attract wagers from Russian bettors was shut down. The IPL is the Indian Premier League, a prominent cricket league that is based out of India. The IPL, however, finished its season…
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The 10 Most Expensive Pokemon Card Sales of All time
Most Expensive Pokemon Cards of All Time Card Price 1. Illustrator Pikachu PSA 10* $5.275 Million 2. Sealed First Edition Pokemon Boxes* $3.5 Million 3. Illustrator Pikachu PSA 9 $840,000 4. Illustrator Pikachu PSA 7 $720,000 5. Shadowless Sealed First Edition Booster Box $432,000 T6. First Edition Shadowless Holo Charizard PSA 10 $420,000 T6. Steve…
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Rovell: How a Bettor Turned a Sportsbook Free Bet Into $200K Profit Thanks to Rams, Warriors & Avalanche
Jeremy Malone sighed as he deposited more money into his BetMGM account last December. A big college football and NFL bettor, it had been a bad November. After seeing the latest deposit, a VIP concierge responded by giving Malone a few free bets. “Whenever I get them, it’s not going to do any good to…
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This Week in Memorabilia Auctions: Michael Jordan, LeBron James & Albert Einstein Make Up Surprises, Disappointments & Unique Sales
It was a frenzied week in memorabilia auctions, so we’ve decided to delve into the surprises, disappointments and unique items that sold. This week’s items range from Rafael Nadal’s used shoes to a Michael Jordan ticket. We’ve got Albert Einstein and Ronald Reagan, too. Let’s start with the surprises of the week. The Surprises 1.…
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Phil Mickelson Addresses Gambling Life Ahead of LIV Golf Invitational
Phil Mickelson was added to the LIV Golf Invitational field on Monday, ending a four-month hiatus from the course. Mickelson had previously been interested in the Saudi-backed event, with a report citing gambling losses as a driving factor behind the 51-year-old’s desire to participate in big-money purses opposite the PGA Tour. And with $25 million…
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Will Athlete Health & Sleep Monitoring Data Make Its Way To Sports Betting?
On the Monday after Justin Thomas won the PGA Championship in a playoff, having come back from seven strokes off the lead, data fitness company Whoop released the following information: “On Saturday evening to Sunday morning, heading into his final round, Justin Thomas had a 100 percent sleep score and an 89 percent recovery score.…
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Shoe Reseller Zadehkicks Mysteriously Dissolves, Leaving Customers With Millions in Limbo
A popular shoe reseller filed for voluntary dissolution last week, citing the fact that he had millions more in debt than in sales, a move that has the FBI investigating. Zadehkicks, which has mysteriously offered hot shoes at low prices, built up a huge database of customers, many of whom paid way ahead of time…
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Fanatics Files to Trademark ‘BETFANATICS’ for Sports Betting Venture
They haven’t made the ultimate move, but the behemoth that the sports betting world is waiting for has taken another step: trademarking a brand. On Monday, an online filing at the U.S. Patent and Trademark Office revealed that Fanatics, the largest sports-only licensed retailer in the world which also now owns Topps, is seeking to…
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Diego Maradona’s “Hand of God” Jersey Sells for Collectible Record $8.9 Million
There’s a new record for the highest price paid for a sports collectible. The jersey worn by Diego Maradona in the 1986 World Cup quarterfinal game from his famous “Hand of God” goal has sold at Sotheby’s for $8.93 million. That mark broke the record for the price paid for the original Olympic Games manifesto…
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Miami’s Isaiah Wong Threatens to Enter Portal If NIL Compensation Isn’t Bumped
Miami Hurricanes star basketball player Isaiah Wong may enter the transfer portal as early as Friday if his NIL compensation isn’t bumped, his agent, Adam Papas, told ESPN’s Jeff Borzello and Jonathon Givony on Thursday. Wong, a 6-3 guard, was the team’s second-leading scorer last season at 15.3 points per game. He was an integral…
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NCAA Gives Green Light For Teams, Conferences to Partner with Sports Betting Data Companies
Sports betting was once taboo in the collegiate athletics landscape. However, the latest news Thursday marked a critical point for the industry going forward. The NCAA Division I Interpretations Committee determined Wednesday that an individual, program or entire conference can offer stats to sports betting companies, barring the information is also available to the public.…
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Gary Vaynerchuk Buys Into Expanding Professional Pickleball League with New Team and Logo
Pickleball, one of the fastest growing participatory sports in the United States, is getting a boost on the spectator side. Influencer and entrepreneur Gary Vaynerchuk, who has become one of the most influential names in both physical and digital collectibles through his commentary on collecting cards and his VeeFriends NFTs, announced last week he was…
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Bruce Arians Retiring: How it Affects Buccaneers Super Bowl, Futures Odds
Bruce Arians announced his retirement as the Tampa Bay Buccaneers head coach Wednesday after three seasons. The news comes weeks after quarterback Tom Brady rejoined the team, after he previously declared his retirement. Brady’s decision to revert back to the NFL impacted sportsbooks quite significantly — the Bucs moved from 22-1 to 10-1 to win…
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Minnesota Sports Betting Hopes Still Alive Despite Opposition
A bill that would legalize retail and online sports betting in Minnesota is moving along after narrowly clearing a House committee. After exceeding allotted debate time during a morning hearing, the House Committee on Government Finance & Elections reconvened Tuesday evening and advanced HF 778 on a 7-5 vote. The bill—which would direct tax revenue…
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Private Equity Firm Wants to Merge Yahoo With Existing Sportsbook Operator, Report Says
Private equity firm Apollo might be looking to get into the sports betting game. The firm, which acquired Yahoo for $5 billion last year, is in discussions to take Yahoo and merge it with a sports betting property, with the new company keeping the Yahoo name, CNBC reported on Wednesday. Yahoo established itself, along with…
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The 10 Most Expensive Collectible Sports Tickets Sales of All Time
Top-10 Most Expensive Collectible Sports Tickets Sales Ticket Price Date Sold 1. 1934 Masters $600,000 March 2022 2. Jackie Robinson $468,000 Feb. 2022 3. Michael Jordan Debut $468,000 Feb. 2022 4. Michael Jordan Debut $264,000 Dec. 2021 5. Tom Brady Signed Debut $175,000 Feb. 2022 6. 1903 World Series Game 3 $175,000 Oct. 2022 7.…
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When Is the USFL Draft? Details On the Inaugural Draft, Dates, Times, How To Watch, More
The 2022 USFL season is roughly two months away. This week, the eight teams will fill their rosters. Day 1 of the USFL Draft will be held on Tuesday, Feb. 22, from 7 p.m. ET to 10 p.m., available on Fox Sports’ digital platforms. Day 2 is Wednesday, Feb. 23, at 10 a.m. ET. 2022…
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Police Help Noted Collector Recover Over $1 Million in Stolen Trading Cards
Nat Turner didn’t think anything of it. The residential garage he parked his car in for the night was in a gated community and the car would only be in there for about eight hours. But when he returned to his car in the morning and opened up the trunk, it was all gone. ‘It’…
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USFL Takes First Step Toward Sports Betting Approval With Sportradar Deal
The United States Football League is 60 days away, and the league took a significant step toward sports betting approval on Tuesday. The USFL and Sportradar announced a partnership, which is an important step in receiving approval as a legal sports betting option. As part of the deal, Sportradar will serve as the league’s official…
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Virgil Abloh Louis Vuitton Nike Air Force Ones Bids Blow Away Expectations
A sale of a limited edition of Virgil Abloh Louis Vuitton Nike Air Force Ones generated more than $21 million at Sotheby’s on Wednesday. The 200 pairs of sneakers were expected to sell for at least $30,000 each, especially due to the recent death of Abloh, who died in November at 41, but initial estimates…
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FanDuel Plans to Launch Sportsbook at United Center in Chicago
FanDuel has announced on Monday that it plans to launch a sportsbook inside of the United Center in Chicago. The arena houses both the Chicago Bulls and Chicago Blackhawks. The official groundbreaking will not occur until governmental approval takes place — most notably from the Illinois Gaming Board. The plan is for a two-story book…
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Cam Akers Injury Update: Rams RB Questionable to Return vs. 49ers Due to Injured Shoulder
Los Angeles Rams running back Cam Akers left Sunday’s NFC Championship Game vs. the San Francisco 49ers with a shoulder injury. He hit the locker room during the late stages of the first quarter and was deemed questionable. Akers was efficient prior to the injury, totaling 31 yards on six carries and another reception. His…
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The Betting Career of Tom Brady: GOAT Reportedly Retires with 278 Wins, 59% Record Against the Spread, More
Tom Brady is retiring. The quarterback announced his decision on Tuesday via social media, ending a ride that many consider the greatest of all time. We know that Brady’s career, which started in 2000, is defined by his seven Super Bowl rings and three MVP awards. But to really get an understanding of how big…
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Jackie Robinson, Michael Jordan, Tiger Woods Debut Tickets Go Up for Auction
The past two years have seen new categories of collectibles including sealed video games and VHS Tapes, but perhaps none have seen a faster trajectory than tickets. The market expects to see more affirmation as Heritage in Dallas launched an auction Saturday morning with 50 tickets that includes the highest graded Jackie Robinson debut, the…
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New York Online Sports Betting: State Tops $1 Billion in Wagers, On Pace to Set Monthly Record
Only a select few states have accepted more than $1 billion online sports bets over the course of a single month in the post-PASPA era. It took the state of New York 16 days. Sixteen! From its Jan. 8 launch date until Jan. 23, the state netted north of $91 million of the approximate $1.2…
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Bengals Feel Love as FanDuel, Caesars, DraftKings Reveal First Mobile Bets Taken in Louisiana
The Cincinnati Bengals are spear-headed by two former LSU standouts in quarterback Joe Burrow and wide receiver Ja’Marr Chase. So, it’s safe to say the vast majority of the state of Louisiana — which went live with online sports betting Friday — will be rooting for the club Sunday when it takes on the Kansas…
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Genius Sports Stock Struggling Despite NFL & Live-Betting Influence
Sports gambling stocks have been hammered recently often tied to the thought that promotions and deals with states won’t ultimately lead to enough profitability. The more surprising laggard in the industry is Genius Sports, the sports betting data provider who gets licensing fees on bets at books where their information is used. One would think…
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Parlay Cards Prove to be Worst Bet Gamblers Make in Las Vegas Casinos in 2021
The single worst game to play in Nevada casinos in 2021: The sports parlay card. When the Nevada Gaming Control Board came out on Thursday morning with their final numbers for the year, sportsbooks took home a greater percentage of the money from parlay cards than any other table game in the rest of the…
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Fanatics Buys Topps: 4 Questions and Answers Following the Acquisition
On Tuesday morning, Fanatics announced that its new Fanatics Trading Cards business has acquired Topps for a reported $500 million. It comes 138 days after news broke that Fanatics had essentially made deals to acquire the trading card licenses of the major American sports by agreeing to deals well into the future that paid cash…
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Most Expensive Beanie Babies Sales in 2021
Most Expensive Beanie Babies in 2021 Data via eBay sales Beanie Babies Price Date Gobbles $24,000 Sept. 29 Halo Bear $23,500 Dec. 28 Princess Bear $20,000 Nov. 25 Valentino Bear $20,000 Nov. 7 Clubby Bear $20,000 Nov. 25 Princess Bear $20,000 Dec. 10 Whisper $20,000 Dec. 22 The End Bear $17,000 Nov. 26 Valentino Bear…
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2021 in Collectibles: Reviewing the Top Trading Cards, NFT’s, Shoes & Storylines from the Year
What a year 2021 has been in collectibles. There have been so many ups and downs, shocking sticker prices for trading cards, big acquisitions and the introduction of the acronym “NFT” to our lexicon. Let’s break down the year by the top highlights in the sector. 1. The Rise and Fall of the Michael Jordan…
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COVID Postponements, Cancellations Present Challenge to Sportsbooks
Since the beginning of time, sportsbooks and bookmakers have built their systems of adjusting to situations that change the line. They were seemingly prepared for any combination of players playing or not playing and punching into their algorithm. Then came COVID. It was something they’ve never contemplated. Star players out, yes, but also whole position…
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Why DraftKings CEO Said Company Isn’t Interested in Price-Shopping Bettors
Earlier this week, DraftKings CEO Jason Robins got ripped for saying the company wasn’t interested in bettors who price shopped since they didn’t turn out to be the most profitable. The notion expectedly brought the wrath from the gaming community, which commonly says that the massive sportsbooks are not interested in allowing good bettors to…
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Darren Rovell: Why I’m Staying at The Action Network
I’ll be blunt: It’s a great time to be a journalist who is tied to the sports gambling industry. Sportsbooks are throwing money at us realizing that content as a vehicle for promotions is more effective than just promoting through straight up advertising. Just a few examples: Penn buying Barstool. The rise of Pat McAfee with…
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Putting Max Scherzer’s New York Mets Contract Into Perspective
Max Scherzer is coming to the Mets on a three-year deal worth $43.5 million a year, the largest annual salary of any player in Major League Baseball. We thought we would have fun by putting this in perspective. Here is how Scherzer’s contract stacks up: 525: Percent increase between box seat in 1986 at Shea Stadium…
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How a Failed Bid to Buy the US Constitution Turned Into a Meme Coin
You’ve surely heard about Doge and Shibu Inu, digital coins that started as a complete joke and now have risen to more than $20 billion each in market cap. But did you hear about ConstitutionDAO? And I’m not talking about the failed fundraising project to buy the Constitution at Sothebys. I’m talking about the refund,…
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Aidan Hutchinson Cements Heisman Candidacy With Dominant Performance vs. Ohio State
Michigan defensive end Aidan Hutchinson just made one of the biggest statements all season Saturday, to the extent he’s now in the Heisman mix — literally. The star-studded pass rusher broke the Michigan record for sacks in a 42-27 win against arch-rival Ohio State, sending the Wolverines to the Big Ten title game. His +700…
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Bettor Banks $1.1 Million on Unreal 15-Leg Parlay at BetMGM
One bettor this upcoming Thanksgiving is going to be especially grateful for three hockey teams, eight college programs, two NFL franchises, one NBA club and a golfer. Honestly, there’s a 12 Days of Christmas joke to be had in there too, but don’t let that distract you from the bettor cashing a cross-market, 15-leg parlay…
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Aaron Rodgers Converts Portion of NFL Salary into Bitcoin, Will Give Away $1M in BTC
Green Bay Packers quarterback Aaron Rodgers has announced that he’ll be converting part of his four year, $134 million contract into bitcoin. As a part of the move, he’ll be giving away a total of $1 million in BTC to some Twitter and Instagram users. Both deals are being facilitated by CashApp, the mobile payment…
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UEFA Strikes First-Ever Commercial Deal With A Sports Betting Data Company
UEFA has made its first-ever deal with a sports betting data company that focuses on commercial data. European soccer’s governing body has partnered with a sports gambling data company called Sportradar to provide information that will support UEFA’s endeavors from the business side of sports betting. UEFA had previously partnered with Sportradar, but the deal…
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eBay Takes Next Step in Sneaker Game with 3D Viewing Technology on Air Jordan 1
The battle for supremacy in the sneaker resale game has become an arms race and eBay just released its newest weapon. eBay president and CEO Jamie Iannone announced on the earnings call on Wednesday that the auction site would be trialing a new technology that would allow select sneakers that are for sale to be…
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Fantasy Football Advice for Darius Slayton & Giants Receivers with Sterling Shepard Out
The decimated New York Giants offense took another hit in warm-ups when wide receiver Sterling Shepard struggled with his hamstring injury. Shepard figured to see the most targets with Kenny Golladay and Kadarius Toney among the injured receivers, but with the receiver now inactive, attention will turn to Darius Slayton, Devontae Booker and others. Shepard…
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Will Darren Waller Play vs. Eagles? Fantasy Football Outlook If Waller Is Out
Darren Waller popped on the injury report on Saturday afternoon, about 24 hours before the Raiders’ Week 7 contest against the Eagles. Waller is one of the top receiving tight ends in the entire league. He entered the 2021 campaign with consecutive seasons over 1,000 yards. The 2020 Pro Bowler recorded nine receiving scores last…
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Several Boxing Matches Were Fixed at 2016 Olympics, Investigation Finds
Several boxing bouts at the 2016 Olympics in Rio were fixed, according to independent investigator Richard McLaren. The Associated Press reported that McLaren found around 11 bouts that were manipulated, and there could have been more. He added that these bouts included medal rounds. _PromoID=[315, 516, 4791, 4984] In a press conference held at the…
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MaximBet to Offer Promotional Contracts to Women College Athletes
Will college athletes successfully be used to promote sports betting brands? The roots of that question will at least begin to be explored today, as MaximBet has announced that it will offer a promotional contract to all Division I, II and III women athletes in the state of Colorado to promote their brand. “We hope…
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Bettor Wins Nearly $1M On 12-Leg Ryder Cup Parlay That Needed 2 Ties
As enjoyable a weekend as you may have had indulging in the 2021 Ryder Cup, it likely doesn’t hold a candle to this 12-leg parlay one bettor locked up at FanDuel Sportsbook. An $8 ticket nearly netted $1 million, headlined by not one, but two ties at +550 or better. This is the sports bet…
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Scientific Games Sells Betting Product to Endeavor for $1.2 Billion
Global sports and entertainment company Endeavor, the parent company of sports agency IMG and owner of the UFC, has agreed to buy the sports betting business of Scientific Games for $1.2 billion. Scientific Games’ OpenBet product produces the back end technology for sportsbooks, making money off monthly licensing fees and taking a piece of a…
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Texas Casino Hopes Sparked by Las Vegas Sands Lobbyists Push
In the past month, the Las Vegas Sands Corp. has hired a powerhouse team of some of Texas’ most well-connected lobbyists in what could be a push to open the first casinos in the nation’s largest state without full-scale commercial gambling. Sands became the client of at least 10 Texas powerbrokers in just the past…
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Caesars Sportsbook Makes American Major Sports History With Patch on Washington Capitals Jersey
For years, European soccer clubs have had betting sponsors on their jerseys. On Friday, the Washington Capitals ushered in a new era in major American sports, as they became the first club to put a sports betting brand on their game jersey. The team announced Friday that Caesars Sportsbook would have its logo on the…
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Appalachian State Submits Bad Beat Of The Year Bid vs. Marshall
The Thursday, standalone college football game is supposed to be a tune-up for the weekend. Appalachian State backers might be out of commission through Saturday. Leading Marshall by one point, Appalachian State, a 7.5-point favorite, had the ball in Herd territory with time winding down in the fourth. A first down salts the game, but…
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Caesars, LSU Announce Groundbreaking Sports Betting Deal
Caesars and LSU announced a groundbreaking partnership Friday, the most significant deal yet between a sports betting operator and a major university athletic program since the Supreme Court struck down the federal wagering ban more than three years ago. Caesars will become the exclusive gaming and sportsbook partner of the LSU athletic department, the company…
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Rovell: I Just Helped Place the First Sports Bet from Space
On Wednesday, Jared Isaacman made history on the Inspiration4, as mission commander of the first all-civilian space flight. On Thursday, he made history again by placing the first sports bet made from space to Las Vegas. I was honored to be the one to place the bet for him. His instructions were relayed to me…
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Sports Gambling Data Company Sportradar Goes Public
Swiss Sports gambling data company Sportradar went public on Tuesday morning, opening up at $27 a share, valuing the company at $7.8 billion and raising $670 million. The move to the NASDAQ under the symbol SRAD comes three months after a $10 billion attempt to take them public through a SPAC fell through. “We’ve been…
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Raiders Owner Mark Davis Shows Off His Gambling Side With Huge Slot Machine Payout
Mark Davis owns numerous top-end assets, including the Raiders and Aces of Las Vegas. Add a four-figure slot machine ticket to the ledger. According to TMZ, Davis made it rain in Sin City’s Virgin Hotels on Tuesday, winning north of $1,800 on the Wheel of Fortune slots in one pull. Because of course he did.…
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Where Is Sports Betting Legal? Updated Projections for All 50 States
It’s been seven years since the Supreme Court struck down the federal ban on sports betting, allowing states to legalize it if they wish. North Carolina is the latest to join the party after launching online betting on March 11, 2024, three years after the state launched in-person betting. Missouri should be next after a…
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Are Sealed VHS Tapes the Next Alternative Asset Class?
The COVID era has been marked by the rise of new alternative asset classes. As interest rates on savings accounts at banks have been infinitesimal and human interaction has been limited, collectors have gravitated to more fun ways to grow their money. Cards and memorabilia were joined by NFTs, with Cryptopunks and Bored Apes seeing…
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Teddy Bridgewater Named Broncos Starter: How the Move Affects Denver’s Fantasy Outlook & Betting Odds
Teddy Bridgewater has been granted the keys to the Denver Broncos’ offense. The franchise put an end to its highly-anticipated quarterback battle Wednesday and announced Bridgewater the starter over third-year Missouri product Drew Lock. Bridgewater started 15 games for the Panthers in 2020. He notched career-highs virtually across the board, including passing yards (3,733), touchdown…
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Bored Apes, Vee Friends & Cryptopunks Rule as Best NFT Investments in Last 6 Months
In the past six months, the world has gotten used to the acronym NFT. More than $1 billion in Cryptopunks have been sold, seven sold for more than $2 million. And Monday seemed like the wildest day yet as people were flipping Cryptopunks every six hours for a $30,000 to $40,000 profit with over $100…
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Zelda Game That Was Donated to Goodwill Sells for $411K
The hottest collectibles worth the most value often wind up at big auction houses that command top dollar. But some items fall through the cracks, either by accident or on purpose by a person with a higher purpose in mind. Such was the case this week when Goodwill listed a sealed second print Zelda game…
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Topps No Longer Set to Go Public Without MLB Deal
Mudrick Capital, just days from merging with Topps and bringing it public, called off the deal on Friday morning after learning Thursday that Topps had lost its exclusive MLB rights to Fanatics. Mudrick filed an 8-K with the Securities and Exchange Commission on Friday morning, saying the deal to bring Topps public, first agreed to…
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Colts Owner Jim Irsay Buys Steve Jobs-Signed Item for Nearly $800,000
Items signed by late Apple co-founder, chairman and CEO Steve Jobs went crazy on Thursday night at an auction held by RR Auction that featured an array of Apple memorabilia. Items signed by or associated with Jobs, who died in 2011, have been collectible since Apple started a cultural tech boom, but anything featuring his…
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MLB Set to Give Exclusive Trading Card License to Fanatics, Ending 70-Year Run for Topps
For 70 years, the name Topps has become synonymous with baseball cards. That longevity was threatened Thursday, as The Action Network confirmed that Major League Baseball and the Major League Baseball Players Association have given their exclusive licenses to Fanatics. The union deal doesn’t start before 2023, and the MLB deal won’t start until 2026.…
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eBay Pulls Biggest Trading Card Seller, Citing ‘Shill Bidding’; PWCC Responds
Those in the trading card industry were shocked Tuesday afternoon when a mass blast email from eBay said it restricted the selling privileges of its largest trading card seller, PWCC, as a result of what it said was shill bidding. The news created a ripple throughout the community since PWCC is such an integral part…
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2021 NFL Rookie of the Year Odds: Trey Lance’s Line Moves After Preseason Debut
If the betting market for 2021 NFL Rookie of the Year is any indication, Trey Lance impressed plenty in his preseason debut. The San Francisco 49ers first-rounder opened at +1600 at BetMGM on April 29, and his odds have been more than cut in half as they have dropped to +750. The movement in Lance’s…
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Honus Wagner T206 Sets New Record for Most Expensive Trading Card Sale Ever
For years, the T206 Honus Wagner reigned supreme not only as the most famous, but the highest price of all baseball cards, famously selling for $1 million in 2000. But in the last year alone, a 1952 Mickey Mantle card sold for $5.2 million. And a slew of modern cards trumped the record for a…
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Miami Becomes First College Team to Offer NFTs of Championship Rings
Many professional sports teams have turned their championship rings into digital collectibles, but the University of Miami will be the first college team to do so. The Action Network has learned that Canes Vault, a site where fans will be linked to NFT auctions, will go live on Friday at canesvault.com. The first NFT that…
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DraftKings Launches Own NFT Marketplace Starting With Tom Brady
DraftKings officially unveiled their new NFT vertical on Tuesday, beginning with Tom Brady and Wayne Gretzky. DraftKings opening up NFT marketplace today. Will start selling NFTs of first athlete, Tom Brady, in US dollars tomorrow. Editions range from $12 (out of 5000) to $1,500 (out of 12). pic.twitter.com/CWBqsndCMZ — Darren Rovell (@darrenrovell) August 10, 2021…
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Miami QB D’Eriq King Signs NIL Deal With Florida Panthers
University of Miami quarterback D’Eriq King has been a leader in the name, image and likeness space, signing three deals on the first day things could happen, unveiling a merchandise line and being the first to suggest he’ll spread the love around by splitting money to his teammates. On Monday, King became the first college…
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Rally Accepts $2M Record Buyout Offer on Super Mario Bros. Video Game
Shareholders of a Super Mario Bros. game on fractional memorabilia platform Rally are poised to collect what is the believed to be the greatest return in the short life of fractional collectible history. Rally officials confirmed they received an offer from an individual to buy the Super Mario Bros. sealed game, graded by WATA as…
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DraftKings Beats 2Q Earnings Projections
DraftKings announced second quarter earnings Friday, reporting $298 million in revenue, up 297 percent from the same period a year ago. The numbers from the quarter were optimistic enough for the company to raise guidance to a fiscal year revenue range of $1.21 billion to $1.29 billion. While the quarter beat analyst projected revenues of…
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Aaron Rodgers Retirement Rumors: Sportsbook Pulls Packers Odds After Receiving Tip
Some sportsbooks have taken down any betting odds related to Aaron Rodgers and the Green Bay Packers due to rumors and information about his possible retirement. DraftKings and PointsBet pulled NFC North odds, Packers win totals and more, but the first sportsbook to remove them was the Westgate SuperBook in Las Vegas. The SuperBook is…
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Join The Action Network’s College Ambassador Program
Are you a college student interested in sports betting? Apply to be an Action Network Ambassador here. The Action Network is looking for ambitious, committed college students from across the country to be paid Action app Ambassadors. How it works: You will be given your own unique URL/QR code and entered into our Student Ambassador…
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PSA Grading Parent Buys Video Game Grader Wata
Collectors Universe continued its buying spree, announcing Wednesday morning that it had bought video game grader, Wata Games. The acquisition comes two weeks after the parent company of PSA, the industry leader in grading cards and autographs, finalized a deal to bring Goldin Auctions under its umbrella. Terms were not disclosed. The company will move…
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Alt Announces Second Fund Anchored by Steph Curry Logoman
Alt, an alternative asset platform that allows users to see a real-time valuation of their trading card portfolio as well as buy and trade them, announced Tuesday morning that it was raising a second fund for its users to invest with them. Alt Fund II will be anchored by what has become the most valuable…
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Sportradar Launches New Product That Will Integrate Live Betting into Broadcasts
Sports betting services provider Sportradar will launch emBET, an industry-first live betting content product that integrates into real-time OTT streaming providers, the company announced Thursday. The new live-streaming information service will allow bettors to place wagers with top sportsbook operators all while engaging with the sporting event they’re watching. Sportradar officials told the Action Network…
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Sports Illustrated Enters Ticket Sales Space in Partnership With Venmo
There’s a new competitor in the highly competitive ticketing space — Sports Illustrated. The brand, whose licensing rights were bought by Authentic Brands Group in 2019 for $110 million, is attached to a new site that is privately owned and will be run by David Lane, who previously ran secondary ticketing and reservation site Lunatix.…
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Rovell: Waiting on Chancellor’s Apology After Johnny Manziel Admits Being Paid for Autographs at Texas A&M
Eight years ago, after I wrote a report for ESPN detailing that Johnny Manziel was getting paid to sign autographs after his Heisman season, I read something that I couldn’t believe. It was Texas A&M’s chancellor, John Sharp, who wrote a letter to his constituents supporting Manziel blindly and ripping me. I can understand how…
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‘Parlay Patz’ Sentenced to 36 Months Probation for Threatening Athletes, Can’t Gamble
Ben “Parlay” Patz, who achieved short-lived gambling fame by grossing more than $1.1 million in winnings on parlays over a two-month period and later infamy from the disclosure of his threats against players who ruined his bets, was sentenced Thursday morning to 36 months of probation. Patz pleaded guilty in March of 2021 but was…
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Losing Steam, or Just Getting Started? More Big Names Announce NFT Projects Even as Hype, Sales Decline
If anyone thinks NFTs are yesterday’s news, Tuesday morning didn’t seem like it. Fanatics, the largest sports apparel retailer in the world, announced it was getting into the NFT game with its executive chairman and billionaire Michael Rubin teaming up with crypto billionaire Michael Novogratz and influencer Gary Vaynerchuk to start an NFT company called…