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Michael Savio

Photo by United States Senate, Public domain, via Wikimedia Commons
Michael SavioBy: Michael Savio

US Congress Considering Bill to Ban Betting on Elections Nationwide

A pair of Democratic representatives have introduced a House bill that would ban sportsbooks from offering odds on elections. The goal is to protect the integrity of US elections and avoid the betting scandals seen across pro and college sports.
Dec 20, 2024
Sports Betting
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Michael SavioBy: Michael Savio

Illinois Approves Bet365 Application for Sports Betting License

The Illinois Gaming Board has approved an application from bet365 Sportsbook to launch its online platform in the state, making it the market's tenth platform. The approval continues bet365's impressive growth, as it is now available in 12 markets.
Dec 20, 2024
Sports Betting
Photo by NPS photo, Public domain, via Wikimedia Commons
Michael SavioBy: Michael Savio

Pennsylvania Latest to Report Record-Setting Sports Betting Month

The Pennsylvania Gaming Control Board reported an all-time high sports betting handle of $935.5 million, crushing the previous record set last November. NFL betting drove the impressive numbers, which led to a revenue jump of almost 500% for operators.
Dec 19, 2024
Sports Betting
Photo by United States Senate, Public domain, via Wikimedia Commons
Michael SavioBy: Michael Savio

NCAA President Issues Plea for More Sports Betting Regulations

NCAA President Charlie Baker appeared at a US Senate hearing to request increased federal sports betting regulations to protect athletes' mental health. Baker cited a rise in the harassment of college athletes as a reason for increased regulations nationwide.
Photo by Bruce Emmerling, CC BY-SA 4.0
Michael SavioBy: Michael Savio

New Jersey Proposal Would Ease Penalties for Underage Gambling

A recently proposed bill in the New Jersey Assembly takes a unique approach to underage gambling. It lowers fines and removes the threat of jail time. All revenue generated from fines would be used to support the state’s problem gambling programs.
Photo by Elbert Hampton, CC0, via Wikimedia Commons
Michael SavioBy: Michael Savio

New York Reports Eye-Popping Sports Betting Numbers for November

The New York State Gaming Commission has reported a record-high monthly handle of $2.26 billion for November, resulting in $118 million in tax revenue. The state’s 51% tax revenue remains the highest in the county, leading to massive revenue for the Empire State.
Dec 13, 2024
Sports Betting
Photo by Wuerzele, CC BY-SA 4.0
Michael SavioBy: Michael Savio

Iowa Sees Record-High Sports Betting Handle After Busy November

The Iowa Gaming and Racing Commission reported the sports betting market saw a record $315.2 million in wagers and $2 million in tax revenue in November. The handle was 6% higher than the month before and 9% higher than November 2023.
Dec 13, 2024
Sports Betting
Photo by Michael Barera, CC BY-SA 4.0
Michael SavioBy: Michael Savio

FanDuel Asking Michigan Customers to Help Stop Proposed Tax Hike

FanDuel emailed customers this week to request that they contact their local lawmakers and oppose a bill raising the tax rate on sports betting operators. While the proposed hike is minimal, the operator believes it is meant as a conversation starter for lawmakers.
Dec 13, 2024
Sports Betting
Photo byNavin75, via Wikimedia Commons
Michael SavioBy: Michael Savio

Kentucky Approves Ninth Sports Betting License for Prime Sports

The Kentucky Horse Racing and Gaming Corporation has announced it has approved Prime Sports' application to become the state’s ninth online sports betting operator. The sportsbook doesn’t have a firm launch date but hopes to be live ahead of March Madness.
Dec 12, 2024
Sports Betting
Photo by Daniel Schwen, CC BY-SA 4.0, via wikimedia commons
Michael SavioBy: Michael Savio

Missouri Sports Betting Amendment Officially Survives Recount

The Missouri Board of State Canvassers has formally certified the results of Amendment 2 from November’s election, paving the way for legal sports betting. With opponents not planning to request another recount, the state hopes to have its new market launched this summer.
Dec 11, 2024
Sports Betting

"Being in the world of sports betting has been a way of honoring my late grandfather. The old New Yorker relocated to Las Vegas when I was young, and passed his years of experience betting on sports to me. My pursuit of this profession was to honor his memory, and it has kept me connected to him long after he passed."

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