Arizona’s mobile sports betting numbers for April have been released and the Grand Canyon State delivered a noticeable betting increase in handle and adjusted gross revenues compared to April 2023. The state also saw the launch of Fanatics Betting & Gaming in April.
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Washington DC’s sole mobile sports betting provider, FanDuel, has sent a shot across the bow to the City Council president, threatening to terminate its operation if the Council votes to allow other operators into the market.
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West Flagler Associates has been contesting the Seminole Tribe’s monopoly on sports betting in the Sunshine State for years but the company’s hopes to break into the industry all but faded this week when the U.S. Supreme Court refused to hear their case.
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Colorado voters will determine the allocation of surplus sports betting revenue in November. The options include funding conservation projects or returning money to operators. The decision follows the unexpected revenue surge, challenging the initial $29 million cap set by the state legislature.
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Canadian Senators are evaluating Bill S-269 to regulate or ban gambling ads due to their impact on citizens, especially children. The bill, supported by Ontario Sen. Marty Deacon, seeks to limit ad exposure and ensure responsible gambling practices. Hearings are set for the proposal.
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The process for selecting three casino projects and the operators behind them has moved at a glacial pace, therefore, it was no surprise that legislators voted to impose a strict deadline to make those selections and get those projects off the ground.
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The horse racing industry has enjoyed a resurgence recently after years of decreasing numbers. Online horse wagering has propped up the numbers and getting into business with mobile sportsbooks could be the best avenue for the industry.
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Indiana’s sports bettors showed a strong preference for basketball in May 2024, marking a 35.5% increase from the previous year. The surge is attributed to the Pacers’ NBA playoff run and the Indiana Fever’s popularity, boosting the state’s overall sports betting handle.
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The Massachusetts Gaming Commission is investigating ESPN host Rece Davis for calling a betting proposition a “risk-free investment.” This incident raises concerns about the blurred lines between ESPN and ESPN BET, which is owned by Penn Entertainment.
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The Tennessee Sports Wagering Council fined ZenSports $60,000 for inadequate funds in its reserve account, a violation noticed in December 2023. Fanatics was also fined for allowing six accounts, despite being on a self-exclusion list, to place bets due to faulty code.
