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Michael Savio

Flutter Reaches Deal to Purchase Boyd’s Stake in FanDuel
Michael SavioBy: Michael Savio

Flutter Reaches Deal to Purchase Boyd’s Stake in FanDuel

Flutter has reached a deal to purchase Boyd Gaming’s 5% share of FanDuel Sportsbook for over $1.7 billion, giving it full ownership of the platform. The two companies started a partnership over the sportsbook back in 2018.
Jul 14, 2025
Sports Betting
Photo by tpsdave, CC0, via Wikimedia Commons
Michael SavioBy: Michael Savio

Indiana Sports Betting Handle for June Surpasses $350 million

The Indiana Gaming Commission has reported a sports betting handle of over $350 million for June, which is a decrease of 19% compared to the month before. The number was still up year-over-year, thanks largely to the Pacers' run to the NBA Finals.
Jul 14, 2025
Sports Betting
Photo by DiscoA340, CC0, via Wikimedia Commons
Michael SavioBy: Michael Savio

North Carolina Sports Betting Already Surpasses Three-Year Projections

The North Carolina Lottery Commission has reported that the state saw over $6.4 billion in sports betting wagers in its first fiscal year. When the state legalized the industry in 2023, it was projected to take three years to surpass $6 billion.
Jul 12, 2025
Sports Betting
Photo by KTrimble at English Wikipedia, CC0, via Wikimedia Commons
Michael SavioBy: Michael Savio

FanDuel Sportsbook Takes First Step To Join Missouri Market

FanDuel Sportsbook has applied for one of Missouri’s two direct mobile licenses, which allows it access to the new market without an in-state partnership. They join DraftKings, bet365, Underdog, and BetMGM in pursuing operating licenses ahead of the December 1 launch.
Jul 12, 2025
Sports Betting
Photo by Marion Touvel, Public domain, via Wikimedia Commons
Michael SavioBy: Michael Savio

New Jersey Bans Sports Betting Partnerships with Colleges

New Jersey Governor Phil Murphy has signed bill A4113 into law, which will ban 30 in-state colleges from partnering with sports betting operators. The ban comes as lawmakers also consider a bill to eliminate college player prop betting.
Jul 12, 2025
Sports Betting
Photo by jglazer75, CC BY 2.0
Michael SavioBy: Michael Savio

DraftKings Agrees to Return $3 Million to Connecticut Bettors

DraftKings has agreed to refund over $3 million to online casino users in Connecticut as part of a settlement for violating the state’s advertising laws. The deal doesn’t require the operator to admit guilt, as they are fighting similar allegations in other markets.
Photo by johnmac612, CC BY-SA 2.0, via Wikimedia Commons
Michael SavioBy: Michael Savio

Bet365 Sportsbook Announces Partnership with Indiana Fever

Bet365 Sportsbook has announced a new partnership with the WNBA’s Indiana Fever, just one month after reaching a similar deal with rival Chicago Sky. The deal will allow the sportsbook to advertise with the team and offer exclusive in-app content.
Jul 09, 2025
Sports Betting
Photo by Martin Falbisoner, CC BY-SA 3.0
Michael SavioBy: Michael Savio

DC Politics Putting US Sports Betting Industry on Edge

The sports betting industry is on edge after DC lawmakers approved a tax change and seem likely to protect controversial sports prediction markets. Industry proponents believe this will lead to irreversible damage to the industry, resulting in less tax revenue for states.
Jul 04, 2025
Sports Betting
Photo by Minda Haas Kuhlmann, CC BY 2.0, via Wikimedia Commons
Michael SavioBy: Michael Savio

MLB Suspends Luis Ortiz Amid Sports Betting Investigation

The MLB has suspended Cleveland Guardians pitcher Luis Ortiz amid an investigation into unusual betting patterns around two of his pitches this season. The investigation focuses on micro-betting, which allows bettors to wager on specific moments in a game or event.
Jul 04, 2025
Sports Betting
Image courtesy of Pi.1415926535, CC BY-SA 3.0, via Wikimedia Commons
Michael SavioBy: Michael Savio

DFS Industry Suffers Massive Blow After California AG Opinion Released

The California Attorney General released his opinion on the DFS industry and found that all forms of these competitions violate the state's gambling laws. The opinion suggests that DFS operators will likely be excluded from the country’s largest market.
Jul 03, 2025
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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