Category: Sports Betting and Fantasy News
More NBA Player Gambling Issues
Earlier this year, NBA player gambling issues came to light. The league imposed a lifetime ban on Toronto Raptors forward Jontay Porter, accusing him of betting on games, sharing information with gamblers, and feigning illness to manipulate a wager. Porter had appeared in 26 games for Toronto during this season, and previously played 11 games for the Memphis Grizzlies in the 2020-21 season. The investigation into NBA player gambling revealed Porter’s involvement in widespread gambling activities, a direct violation of league regulations. Allegations included his disclosure of confidential health information to an individual known to be a bettor on NBA…
MLB Players Betting on Baseball a Big Problem
This week it was announced that an infielder for the San Diego Padres has been permanently barred from the league for betting on baseball. Tucupita Marcano violated the MLB gambling policy, and four additional players received suspensions for similar actions: Michael Kelly, a reliever for the Oakland Athletics, and minor league players Jay Groome (a pitcher for the Padres), José Rodríguez (an infielder for the Philadelphia Phillies), and Andrew Saalfrank (a pitcher for the Arizona Diamondbacks). Each of the four suspended players received a one-year ban from the league, and none are contesting the action taken against them. The decision…
ESPN Bet Could Surpass DraftKings & FanDuel
Penn Entertainment’s ESPN Bet is growing quickly. If that growth continues, the operation is set to pose a serious challenge to the dominance of both DraftKings and FanDuel in the American market. This according to a survey from Truist Financial Corporation, a US-based bank holding company. That 2024 survey highlights the pivotal role of ESPN Bet as the ‘go-to app’ for sports scores, placing it as a strong potential contender in the sports betting industry. The data shows 44% of sports enthusiasts trust ESPN for scored, with 64% of those people interest in betting integration into the app. Additionally, over…
ESPN Bet Opens Retail Location in Michigan
Today marked the grand opening of the new ESPN Bet branded sportsbook and restaurant at Hollywood Casino in Detroit, Michigan. Spanning 4,500 square feet on the upper floor of the casino, this sportsbook represents their inaugural retail location within the PENN Entertainment network. Boasting state-of-the-art betting kiosks, expansive big-screen TVs, a captivating 30-foot video wall, and an array of elevated bar food and drinks, the ESPN Bet sportsbook and restaurant promises an unparalleled sports viewing and betting experience. Situated amidst Hollywood Casino’s premium dining options, it adds another layer of excitement to the vibrant entertainment hub. John Drake, General Manager…
The Return of Formula One Las Vegas
It may not be popular with the locals, but Formula One Las Vegas is set for a return in 2024. The Bellagio Fountain Club will be back when the Las Vegas Grand Prix rolls into town this fall, promising race fans and tourists one of the best views of the event. Experience true race weekend luxury by securing your spot in the Bellagio Fountain Club. Situated at the heart of the iconic Las Vegas Strip, this exclusive venue promises an unparalleled VIP journey. Guests will revel in breathtaking views of both the track and the renowned Bellagio Fountains, alongside prime…
Nearly $20 Billion Bet on New York Sports Betting
The numbers are in for New York sports betting in 2023, and they do not disappoint. Players in the state wagered more than $19.6 billion on sporting events last year, which translated to almost $1.8 billion in revenue. During the 12-month period ending on March 31st, total wagers in the Empire State surged by almost 20%, reaching $16.4 billion, and surpassing the figures from the previous fiscal year. This milestone also marks the highest annual expenditure for online sports betting recorded in any state regulating the activity in America. Additionally, the gross gaming revenue experienced a remarkable year-on-year increase of…