Category: Sports Betting and Fantasy News
New York Sports Betting Restrictions Proposed
Well, that didn’t take long. New York sports betting is already facing some new restrictions barely a year into regulation. And those new restrictions have a lot to do with what This Week in Gambling has been warning folks about for the past several months… but we’re not gonna say “we told you so.” First up, one lawmaker in the state is calling on gambling regulators to put an end to what they call predatory sportsbook bonuses. The terminology of their proposed legislation sounds like a page from the United Kingdom, where other politicians have expressed similar concerns over the…
$10 Million FanDuel Super Bowl Promotion
A FanDuel Super Bowl spot is making sports betting headlines. The company recently announced a the promotion at the big game in a few weeks, calling it their “Kick of Destiny.“ The campaign will feature fan favorite and Super Bowl Champ Rob Gronkowski attempting to kick a field goal. The pro-bowl tight end will make his attempt on live television during a commercial. And any customer who places a Super Bowl bet of five dollars or more with FanDuel will win a share of $10 million in free bets if Gronk can nail the kick. And that may be a…
Caesars, BetMGM & DraftKings Fines in Ohio
The Ohio Casino Control Commission is making gambling headlines, as they have already fined Caesars Entertainment, and BetMGM and DraftKings fines are likely in the near future. All because the operators failed to comply with gaming regulations surrounding problem gambling, underage gambling, and responsible gambling. First, the Caesars Sportsbook received a $150,000 fine for violating state advertising standards when they failed to include a problem gambling hotline phone number in one of their promotions, and did not place a responsible gambling practices in a conspicuous place. Then, DraftKings fines totaling $350,000 could be on the way after the company made…
States Gear Up for Problem Gambling Fight
With the rapid spread of betting on sports across our nation, we’ve been worried about the potential for problem gambling. But it’s not just our legitimate concerns for players mental health that has us troubled. It’s also the advertising blitz, sponsorships, media partnerships, and bonus offers that we are seeing everywhere. Not only do they overwhelm, they give gambling opponents the bullets they need to shoot use with. We actually voiced our concerns over a possible gambling backlash in a video we made back in September, just as football season was kicking off. Our very real fears were based off…
More Record Revenue: New Jersey, Pennsylvania & Tennessee
Last week we reported that the United States had set a new record revenue mark for gambling in 2022. And that was without the figures for December included! And this week we’re following up with news of more records for gambling revenue in the states of New Jersey, Pennsylvania, and Tennessee. First up, the state that started the sports betting revolution: New Jersey. The state was able to generate over $5.2 billion last year, and the exciting part is that only half of the money came from brick & mortar casinos! According tot he New Jersey Division of Gaming Enforcement,…
Gambling in America Hit $55 Billion
As our friends at the American Gaming Association begin to tall the numbers, it’s clear that gambling in America will set a new high mark. They’ve only been able to add up the figures through November, but with just 11 months counted the total is already beyond anything they’ve seen before. With Decembers numbers still pending, revenue for gambling in America in 2022 has already reached more than $54.9 billion. The previous record was set at $53 billion in a year, so the totals for last year will most assuredly end up over the $55 billion mark. What’s even more…