by Michael Molter | Nov 22, 2024 10:52 am | Legal
DraftKings faced a fine in Ohio and questions in Massachusetts for unregulated sports betting actions. Countries outside the US are cracking down on illegal sportsbooks as they attempt to launch their own industries. CLEVELAND – This week’s legal sports betting brief...
by Zachary Kelley | Apr 19, 2024 2:07 pm | Regulatory
The Ohio Casino Control Commission approved new sports betting markets for the upcoming NFL Draft and next year’s WNBA Draft. Ohio looks to compete with the massive sports betting markets offered at internationally-licensed sportsbooks like Bovada. First round...
by Zachary Kelley | Mar 5, 2024 12:01 pm | Regulatory
Maryland became the most recent state to prohibit college player prop betting. All college player prop markets are off the books as of Friday, Mar. 1 per the request of Maryland Lottery and Gaming Their intent is to protect athletes from harassment and keep wagering...
by Zachary Kelley | Mar 4, 2024 11:41 am | Revenue
Ohio earned $113.1 million from January’s $811.6 million in sports betting handle. The large drop off in handle and revenue from last year can be attributed to promotional betting and the state’s first month with legal sports betting. FanDuel and DraftKings received...
by Zachary Kelley | Feb 23, 2024 4:25 pm | Regulatory
Ohio banned player prop bets across all college sports effective immediately. Ohio Governor Mike DeWine and NCAA President Charlie Baker requested the prohibition. Bovada legally offers college player props for Ohio players thanks to their international licensing....