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Michael Savio

Image courtesy of Pi.1415926535, CC BY-SA 3.0, via Wikimedia Commons
Michael SavioBy: Michael Savio

California AG Promises to Force Out DFS Operators Soon

California Attorney General Rob Bonta told local media that he plans to force out daily fantasy sports operators. The announcement comes two weeks after he released an opinion on the industry’s legality, finding it violates state gambling laws.
Jul 24, 2025
Sports Betting
Photo by forextime.com, CC BY 2.0
Michael SavioBy: Michael Savio

Concern Over Problem Gambling from Prediction Markets Grows

Responsible gaming advocates are sounding amid layoffs at the CFTC. The regulator is currently has sole authority over controversial sports prediction markets, which some fear will lead to a massive spike in problem gambling over the next year.
Photo by Nick Shields, CC BY 2.0
Michael SavioBy: Michael Savio

Tennessee Issues Fines to Force Five Offshore Operators Out

The Tennessee Sports Wagering Council confirmed it has issued $50,000 fines to five offshore sportsbooks for offering illegal gambling in the state. The penalties are the latest action the state has taken to crack down on the unregulated gambling market.
Jul 16, 2025
Sports Betting
DraftKings Sportsbook Looking to Aquire Railroad Exchange
Michael SavioBy: Michael Savio

DraftKings Sportsbook Looking to Aquire Railroad Exchange

A recent report shows that DraftKings Sportsbook has opened negotiations to purchase Railbird Exchange. The sports prediction market operator was recently licensed by the CFTC, meaning DraftKings would be clear to launch if a deal can be reached.
Jul 15, 2025
Sports Betting
Photo by J. Crocker, Attribution, via Wikimedia Commons
Michael SavioBy: Michael Savio

Two More Illinois Sportsbooks Take Aim at New Illinois Tax

Hard Rock and BetMGM have added a new minimum bet requirement for all Illinois sports wagers. The move is in response to the state’s new “per-bet” tax, joining an effort by FanDuel, Fanatics, and DraftKings to have it overturned.
Jul 15, 2025
Sports Betting
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

"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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