As the NFL season gets underway, sports betting has reportedly become big business in the United States. Since a Supreme Court ruling overturned a law that prevented state-sanctioned sportsbooks in 2018, over $220 billion has been wagered in the U.S. sports gambling industry, Bloomberg reported Friday (Sept. 6). The beneficiaries of this trend include mobile...
Tag: sportsbooks
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KRGC reminds fans of sports betting risks ahead of football season
TOPEKA, Kan. (WIBW) – Just like with a substance addiction, someone addicted to gambling can build a tolerance to the brain’s reward system, making them go further to feel the same sensation. And with each wager placed, there is more at stake than losing a couple of bucks. Since its legalization two years ago, sports...
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Will Olympics Bring About an Online Betting Bump?
Sportsbooks and daily fantasy operators are reportedly awaiting a bump in Summer Olympics-related betting. As CNBC noted in a report Thursday (July 11), this year’s Paris games will be the first Olympiad since the widespread legalization of gambling in the U.S. The industry anticipates an uptick in betting compared to the last Summer Games in Tokyo, especially for sports...
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MA Regulators to Discuss Betting Limits: A Proactive Approach | Point Spreads
The Massachusetts Gaming Commission is taking a proactive stance in regards to limits placed on winning sports bettors. It doesn’t happen often, but it does happen. So on Tuesday, the state is taking the unique approach of having MA regulators to discuss betting limits with the top sportsbooks in the state. They include DraftKings, BetMGM,...