SportsHandle with friends brings you another roundup of the week’s major developments in US sports betting.
No B.S. No B.S.
Before the first legal sports wager in Ohio was accepted on Jan. 1, the state’s regulator for gambling issued six-figure fines sportsbooks such as DraftKings and BetMGM to Caesars and PENN/Barstool because they violated specific advertising regulations. This left Matthew T. Schuler, Executive Director of Ohio Casino Control Commission (OCCC), in a bad mood and he sent a memo to all the state’s operators and service providers just before launch.
A Proposed Federal Rule Could Make Indian Gaming More Fun
A large package of proposed updates to federal regulation Class III tribal-state Gaming Compacts contains several sentences that could drastically change the face and future of digital gaming in the United States.
Massachusetts Sportsbooks Will Not Make It Easy To Make Money
There’s a lot of excitement about Massachusetts’ electronic version of betting arriving Friday. However, operators may find it more difficult to achieve profitability there than elsewhere.
The Massachusetts Gaming Commission’s responsible gambling and advertising guidelines are stricter than other states. It also costs a lot to get up and running. Although Massachusetts is expected to outperform its population, the Bay State is currently the 16th largest in the U.S.A and will soon be the 10th largest for live digital betting. Its population is approximately one-third of New York’s, and half of Pennsylvania’s. These are the two largest states with legal online wagering.
Colorado Denies Report stating that it’s considering WWE Wagering
Pro wrestling is scripted. Predetermined winners and losers are determined. The action in the ring is real, but the results are fake.
The WWE is reportedly meeting with state gambling regulators in Michigan, and Colorado to allow bettors to wager on big matches. People will be able bet on Roman Reigns against Cody Rhodes to win the Universal Title at Wrestlemania if the WWE wins.
Four States and Four Ways to Look at Changing Sports Betting Advertising
The upcoming NFL Draft is not the biggest story in legalized betting. It isn’t the Nikola Jokic potential MVP threepeat and it isn’t which team is most likely to win the World Series.
Is New York Governor Kathy Hochul Losing Interest In Gambling Expansion?
Last month’s fourth quarter earnings call, Caesars Entertainment CEO Tom Reeg stated that although he thinks his group has the best plan to build a New York City-area Casino, the company won’t sell out to get a foothold in New York City.
Politicians Look At Sports Betting Ads, But Don’t Pander to Lotteries and Their Cute Groundhogs
You’re not paranoid, betting industry. The New York Times series of last November has lit a fire despite the fact that the main story — according to my 25-plus year journalist eye — was a slam dunk.
Michigan Attorney Now Voice for State’s Most Desperate Gambling Addicts
Jane Ann Burke, her wife, made a promise to her husband that he would continue the work he had started 11 years ago. This work was the inspiration for his entire life.
Michael Burke stated, “I have spent 20 years working alongside gambling addicts.” It is my life.