Articles by Michael Savio

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Michael SavioBy: Michael Savio

Tennessee Sports Betting Regulator Continues to Push Out Offshore Operators

The Tennessee Sports Wagering Council sent a cease-and-desist letter to offshore sportsbook BetOnline as part of a wider effort to protect its regulated market. The sports betting regulator has also contacted the CFTC to shut down sports prediction markets.
05/23/2025
Sports Betting
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Michael SavioBy: Michael Savio

New Sweepstakes Casinos Alliance Emerges to Protect Industry

Sweepstakes casino giant VGW has announced the formation of the Social Gaming Leadership Alliance to support the social gaming industry. The group will be led by former South Carolina US Rep. Jeff Duncan, who will focus on legitimizing the industry amid a nationwide crackdown.
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Michael SavioBy: Michael Savio

FanDuel Sportsbook Announces New Real-Time Check-In Feature

FanDuel has announced a new real-time check-in tool for players making larger or more frequent deposits than usual. The AI tool will track customer deposits and betting patterns to ensure the check-in is sent to those who show early signs of problem gambling.
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Michael SavioBy: Michael Savio

Launch Date for Missouri Sports Betting Set for December

The Missouri Gaming Commission has announced that the state’s sports betting market will launch on December 1 as operators begin applying for licenses. That date is also the deadline for when the market must go live, leaving little room for error.
05/16/2025
Sports Betting
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Michael SavioBy: Michael Savio

Ohio Considering New Tax on Sports Betting Handle for Operators

A new Ohio Senate bill proposes imposing a 2% privilege tax on the sports betting handle of all operators in the state to boost the industry's tax revenue. The bill is being seen as an alternative to a massive tax hike.
05/16/2025
Sports Betting
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Michael SavioBy: Michael Savio

Penn Fires Back After HG Vora’s Scathing Letter to Investors

Penn Entertainment has sent a letter to investors, firing back at HG Vora, who has accused leadership of being self-serving. The letter outlines the company's plans for iGaming and ESPN Bet and argues that HG Vora has alternative motives.
05/15/2025
Sports Betting
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Michael SavioBy: Michael Savio

Missouri Officially Begins Accepting Sports Betting Licenses

Missouri has officially opened the application period for sports betting operators to apply for licenses before the new market launches. A total of 19 retail and 21 mobile licenses will be available, and the market is set to launch by December 1.
05/15/2025
Sports Betting
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Michael SavioBy: Michael Savio

Penn Leadership and Shareholders Clash Over ESPN Bet

One of Penn Entertainment’s largest shareholders has called for a change in leadership just days after CEO Jay Snowden hosted an optimistic earnings call. The infighting is over the future of ESPN Bet, which has yet to live up to Snowden’s projections.
05/14/2025
Sports Betting
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Michael SavioBy: Michael Savio

NCAA Considering Bringing an End to Ban on Pro Sports Betting

The NCAA may end its ban on pro sports betting amid concerns over rises in problem gambling and betting scandals involving coaches and athletes. The Division 1 council is currently considering the change and could make a decision within the next month.
05/11/2025
Sports Betting
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Michael SavioBy: Michael Savio

Oklahoma Sports Betting Bills Put on Hold as the 2025 House Session Ends

The Oklahoma Senate could not conduct a floor vote for a pair of sports betting bills before the legislative session ended this week. However, the Senate could bring the bills back up for a vote in the 2026 session, which starts in February.
05/09/2025
Sports Betting