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Michael Savio

Photo by Christian Mehlführer, User:Chmehl, CC BY 3.0
Michael SavioBy: Michael Savio

California Sports Betting Hopes Dimmed After Tribes File Lawsuits

Several California tribes have joined together to file lawsuits against gambling operators, accusing them of offering games only allowed at tribal casinos. The lawsuits show that trust with the tribes remains broken, dampening hopes for legal sports betting over the next few years.
Jan 09, 2025
Sports Betting
Photo by Governor Mark Dayton, CC BY 2.0
Michael SavioBy: Michael Savio

Opponents of Sports Betting in Minnesota Deliver Scathing Message

Minnesota Senator John Marty held a Wednesday hearing about the dangers of sports betting as the legislature's considerations a bill to legalize the industry. The group faced some pushback from Senator Nick Frentz, one of the industry’s top supporters.
Jan 08, 2025
Sports Betting
Photo by EJ Hersom, Public domain, via Wikimedia Commons
Michael SavioBy: Michael Savio

FanDuel Projections Reflect Rough NFL Season for Sportsbooks

FanDuel Sportsbook’s parent company, Flutter, has lowered its revenue projections for the NFL season as betting favorites won at the highest rate in two decades. Fortunately, the operator's international success has helped to offset the disappointing betting season.
Jan 08, 2025
Sports Betting
Photo by SecretName101, CC BY-SA 4.0
Michael SavioBy: Michael Savio

DraftKings Launches Subscription Service for Stepped Up Parlays

DraftKings has launched DraftKings+ in New York, a subscription service that allows users to receive stepped-up parlays with boosted odds for bigger payouts. Users will be charged $20 per month for the service, which is only offered by DraftKings.
Jan 03, 2025
Sports Betting
Photo by BpA9543, CC BY-SA 4.0
Michael SavioBy: Michael Savio

Minnesota Senator to Hold Hearing Over Dangers of Sports Betting

Minnesota State Senator John Marty has scheduled a hearing for January 8 to discuss the economic, health, and social dangers of legal sports betting. The effort to legalize the industry is expected to be the strongest the state has seen since PASPA was overturned.
Jan 03, 2025
Sports Betting
Photo by Oklahoma Legislative Services Bureau, CC0, via Wikimedia Commons
Michael SavioBy: Michael Savio

Oklahoma Sees First Sports Betting Bill of 2025 Session Introduced

Oklahoma lawmakers have introduced the first sports betting bill of the 2025 legislation session, but relations with the state’s tribes remain a hurdle. If passed, the bill would allow the tribes and legislature to build a framework for the market.
Jan 03, 2025
Sports Betting
Photo by Erik Drost, CC BY 2.0
Michael SavioBy: Michael Savio

Ohio Reports Over $1 Billion in Sports Betting Wagers for November

The Ohio Casino Control Commission reported a November sports betting handle of $1.03 billion, surpassing $1 billion for the first time since January 2023. The impressive month generated over $23 million in tax revenue, the second-highest amount in the market’s history.
Jan 02, 2025
Sports Betting
Photo by Benoît Prieur, CC0, via Wikimedia Commons
Michael SavioBy: Michael Savio

Crypto.com Launches Super Bowl Trading Market in All 50 States

Cryptocurrency giant Crypto.com has launched a new Super Bowl prediction market across all 50 states, inspired by the success of its election prediction market. Users can buy “contracts” for a team to win or lose the Super Bowl.
Dec 30, 2024
Sports Betting
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
Photo by J. Crocker, Attribution, via Wikimedia Commons
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

"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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