by Michael Molter | Apr 25, 2025 9:41 am | Legal
A new lawsuit challenges Florida’s 2021 gambling compact, claiming it bypasses voter approval required under the state constitution. Protect the Constitution LLC argues that statewide mobile sports betting violates Amendment 3, passed by voters in 2018. The legal...
by Ben Fiore | Feb 7, 2025 1:04 pm | Sports Betting
With every sportsbook competing for your Super Bowl bets, it is beneficial to know what new player sportsbook bonuses to avoid. FanDuel and DraftKings offer bonus bets after your first bet but FanDuel only pays out the bonus bets if your first bet wins. Other...
by Michael Molter | Feb 5, 2025 10:47 am | Regulatory
Florida sports betting hotlines are being overwhelmed due to a lack of funding from the state. With each staff member taking 150-200 calls a day, they are being overrun during the biggest gambling event of the year. TALLAHASSEE, Fla. – With the Super Bowl just days...
by Michael Molter | Dec 7, 2024 7:17 am | Sports Betting
The average hold rate in Nevada averaged 5-7% before 2018. Since nationwide regulation, sportsbooks now keep 9.7% of every dollar bet. This increase easily links to parlay promotions and advertising. Some states are seeing nearly 70% of their monthly revenue come from...
by Zachary Kelley | Aug 23, 2024 12:27 pm | Legal
Online sports betting returned to Florida with the launch of Hard Rock Bet in December, but college prop betting didn’t come with it. The Florida Gaming Compact between the Seminole Tribe and the state of Florida prohibits Hard Rock Bet from offering prop betting on...
