Sports Betting Industry News & Market Updates

By: Michael SavioNew York Sees Record Handle for The NFL’s Opening Week
New York’s State Gaming Commission’s weekly revenue report showed a record handle for Week 1 of the NFL season. However, New York bettors won at a high rate, leading to the second-lowest weekly GGR of the fiscal year.

By: Michael SavioFanDuel Launches New Interface With Prime Video For NFL Fans
Prime Video viewers can now link their FanDuel accounts to their Thursday Night Football Streams. This will allow them to track backs and live odds throughout the game. The feature is part of FanDuel's broader focus on the NFL season.

By: Michael SavioWill This Football Season Bring Tax Changes for Sportsbooks?
The football betting season is underway, but it features higher tax rates and a more robust prediction market industry. The season will help show the impacts of both, and could lead states to reconsider their tax systems.

By: Michael SavioSports Leagues Request Increased Penalties for Harassing Bettors
US sports leagues sent a letter asking regulators to deliver lifetime sports betting bans for harassment. It also highlighted examples of how the issue is impacting athletes, coaches, officials, and other staff. Currently, only four states have implemented lifetime bans.

By: Michael SavioBetMGM, Minnesota Vikings Reach Canada Sports Betting Deal
The Minnesota Vikings have announced BetMGM as their official gambling partner in Canada. The deal will allow the operator to use the Vikings brand on its sportsbooks and casino platforms, which are currently available in Alberta and Ontario.

By: Michael SavioNew Nebraska Coalition Forms to Oppose Online Sports Betting
A group named Save Nebraska Sports launched this week, promising to fight against the legalization of sports betting. The group consists of lawmakers and former Nebraska Cornhusker football coaches, who will encourage voters to reject the industry in November.

By: Michael SavioMissouri Reports Jump in Sports Betting Tax Revenue For July
Missouri saw fewer wagers in July than the month before, but still saw a spike in tax revenue from the World Cup. Retail sports betting saw wagers decline for the fifth straight month, with many bettors opting to use online sportsbooks.

By: Michael SavioYahoo! Inks Deal to Boost Sports Betting Data & Coverage
Yahoo Sports signed a deal with Better Collective to upgrade its sports betting features. The deal will add more data and betting coverage and integrate the company’s Playbook tool. This will officially end BetMGM’s time as the company’s exclusive betting partner.

By: Michael SavioMissouri AG Looks to Protect Its Market From Sports Contracts
Missouri’s Attorney General says she believes sports markets should be regulated and taxed the same as sportsbooks. She did not promise lawsuits or other actions against the industry, but her words show it continues to lose support across the US.

By: Richard JanvrinAaron Donald Has Comeback Player of the Year Odds, But Does He Qualify?
Aaron Donald is among the Comeback Player of the Year contenders, despite returning from retirement rather than injury or illness.