US betting giant DraftKings has seen its stock price fall 10% on the emergence of news that customer bank accounts tied to their accounts with the sportsbook have been targeted in a hack. The hack was relatively narrow in scale, seemingly harvesting less then $300,000 in customer funds, but has been enough to shake the company and create some bad publicity in a week where it became one of seven sportsbooks to go live in Read More
Although the recent midterm elections saw a continuation of the status quo in most areas, underlying details suggest that there is more of a desire for change than has previously been assumed. In Georgia, this can be seen in the fact that despite defeat for gubernatorial candidate Stacey Abrams - who advocated for the liberalization of state gamb
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And so, it’s (finally) official: Maryland is the 21st state in the USA to launch its sports betting platforms for real. Eighteen months after writing betting into law, the state saw seven operators go live on Wednesday, November 23. Although this was significantly behind schedule from a chronology point of view, sports bettin
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When Massachusetts lawmakers passed sports betting in the state, the theoretical timeline for sports betting provision put a retail launch in January with an online start pencilled in for March. This timeline featured a period of consideration for online license applications, in which the field would be winnowed down to those b
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It’s been a long time coming, but Maryland’s online betting platforms are finally ready to go, launching on Wednesday, November 23. The date for active sports betting was sealed after a dry run on the 21st, which saw the state’s seven betting providers operate for eight hours without a hitch. The successful trial launch means that Read More
Of all the states yet to permit expanded betting, there are few that the gambling companies have eyed with greater intensity than Texas. The Lone Star state has been a notable holdout in the recent rush of jurisdictions liberalizing their betting laws, and all indications have been that this will continue to be the case for the foreseeable future
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Last week was a potentially significant week for online and other forms of betting in the US, as states went to the polls to vote in the midterms. State governors, Senate seats and issue referendums were on the ballots in every state, and many of the races were watched closely by the betting community for the impact they could have on the adoption - or otherwise - of various forms of betting. As far as can be told at this stage, the results have
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It’s been noted before that sports betting legislation in Vermont seems inevitable, and that it is happening at a snail’s pace, but recent information filtering out of the Green Mountain state seems to suggest that we could have definitive movement on the issue in 2023. The state legislature, which will not sit again in 2022, is expected to find sports betting ordnance in its in-tray when it returns in the New Year - and it seems highly likel
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One lucky Powerball player will become a billionaire in the near future after a single ticket was found to have won the record rollover jackpot on Tuesday. The winner, who bought the ticket in Los Angeles County, California, remained unnamed at the time of going to press, but can accept their prize as a single $997.6million lump sum or in 29 equal annual amounts of more than $70milli
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We’ve pretty much known it for some time, but Tuesday night brought final confirmation that the measures designed to bring online betting and retail sportsbooks to the state of California have failed. Indeed, with just over 40% of the vote counted in the Golden State, it seems as though the expected thumping defeat has been dwarfed by the reality for both Proposition 26 and 27. Californians will not be betting online, or on sports in any form,
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