Author Page

Our Writers:

Michael Savio

Kentucky Revenue Numbers Exceeding Exceptions After One Year
Michael SavioBy: Michael Savio

Kentucky Revenue Numbers Exceeding Exceptions After One Year

Kentucky’s strong August sports betting revenue numbers have pushed their total handle up to $2.4 billion, far exceeding even the most liberal projections. DraftKings Sportsbook is leading the market, followed closely by FanDuel, and bet365 in a distant third.
Oct 04, 2024
Sports Betting
Photo by Beyond My Ken, CC BY-SA 4.0
Michael SavioBy: Michael Savio

Massachusetts Sends Cease & Desist Letter to Bovada Sportsbook

Massachusetts sent a cease-and-desist letter to offshore sportsbook Bovada, demanding it shutter its platform in the state. In addition to not paying tax on the revenue generated, the state accuses the operator of misleading customers into thinking the platform is based in the US.
Oct 04, 2024
Sports Betting
New York Makes Significant Change to Sports Betting Advertising Rules
Michael SavioBy: Michael Savio

New York Makes Significant Change to Sports Betting Advertising Rules

New York Governor Kathy Hochul has signed a new bill into law that will require warnings about addiction in all gambling-related advertising in the state. The message must talk about the dangers and possible consequences of problem gambling.
Michael SavioBy: Michael Savio

Jags Employee Fired Over Stolen Funds Sues FanDuel Sportsbook

Ex-Jags employee Amit Patel is suing FanDuel for $250 million, claiming the company exploited his gambling addiction that led to him stealing $22 million from the team. The lawsuit alleges the company flooded him with messages tempting him to continue gambling.
North Carolina Sports Betting Market Surpassing Revenue Projections
Michael SavioBy: Michael Savio

North Carolina Sports Betting Market Surpassing Revenue Projections

The North Carolina Lottery Commission reports that the state has received $61 million in tax revenue over the first six months, beating the annual projection of $36.1 million. The regulator also approved rules for retail sports betting, meaning that it could go live soon.
Sep 27, 2024
Sports Betting
Michigan Bettor Charged After Making Fake Deposits at Caesars
Michael SavioBy: Michael Savio

Michigan Bettor Charged After Making Fake Deposits at Caesars

A Michigan bettor has been arrested after being charged with defrauding Caesars Sportsbook by exploiting a system vulnerability on their online platform. The bettor is alleged to have stolen over $500,00 after making a fake $2 million deposit.
Sep 27, 2024
Sports Betting
Photo Courtesy of the Carol M. Highsmith Archive., Public domain, via Wikimedia Commons
Michael SavioBy: Michael Savio

ESPN Bet Becomes Ninth Active Online Sportsbook in New York

ESPN Bet was approved for an operating license and launched its online sportsbook in New York this week, giving the Empire State nine operators. New York has consistently been the country's most valuable sports betting market, making the launch a victory for ESPN.
Sep 27, 2024
Sports Betting
Three of Four Missouri Candidates for Governor Support Sports Betting
Michael SavioBy: Michael Savio

Three of Four Missouri Candidates for Governor Support Sports Betting

Three of Missouri’s four gubernatorial candidates expressed their support for legal sports betting. Republican Mike Kehoe, Democrat Crystal Quade, and Libertarian Bill Slantz all pledged to support a recent ballot initiative that will voted on in the November election.
Sep 26, 2024
Sports Betting
Photo by Flickr, CC BY 2.0, via Wikimedia Commons
Michael SavioBy: Michael Savio

Colorado Loses Third Sports Betting Operator as SI Sportsbook Exits

SI Sportsbook announced on Wednesday that it ceased operations in Colorado, becoming the third sports betting operator to exit the market in September. The move leaves the state with 15 operators, while SI Sportsbook will only be available in Michigan and Virginia.
Sep 25, 2024
Sports Betting
Photo by Martin Falbisoner, CC BY-SA 3.0
Michael SavioBy: Michael Savio

FanDuel Sportsbook Dominates DC Market in August Despite Increased Competition

FanDuel dominated Washington, D.C.’s online sports betting sports betting market with a $21 million handle and over $550,000 in tax revenue despite three new operators launching in July. The industry leader’s handle was higher than their three rivals combined.
Sep 20, 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."

chips-cards