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Basketball-Crazy North Carolina Welcomes Online Sports Betting

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Online sports betting is expected to be a slam dunk in North Carolina as March Madness tips off. Mobile Sports gambling officially launched in the state on Monday, March 11. That’s just in time for the NCAA men’s and women’s basketball tournaments. North Carolina Roy Cooper speaks after signing the state’s sports betting bill into

Jacksonville Jaguars Employee Who Stole $22M Gets 6.5 Years

jacksonville-jaguars-employee-who-stole-$22m-gets-6.5-years

A Florida man who stole $22 million from the Jacksonville Jaguars to fund a prodigious gambling habit has been sentenced to six and a half years in federal prison. Amit Patel, left, arriving at a Florida courtroom with his lawyer, Alex King. His former colleagues described feeling “betrayed” by Patel’s actions in a statement read

Rudy Gobert Fined $100K by NBA for Gesture Insinuating Game is Fixed

rudy-gobert-fined-$100k-by-nba-for-gesture-insinuating-game-is-fixed

Minnesota Timberwolves center Rudy Gobert has been fined $100K by the NBA. The penalty was assessed for what the league determined to be “an inappropriate and unprofessional gesture.” The incident happened during the team’s 113-104 overtime loss to the Cleveland Cavaliers on March 8 at Rocket Mortgage FieldHouse in Cleveland. Minnesota Timberwolves center Rudy Gobert

Maryland Sportsbooks Ditch Most College Player Props After Regulatory Change

maryland-sportsbooks-ditch-most-college-player-props-after-regulatory-change

Maryland sportsbooks have removed game-specific player props on college sports following a state regulatory adjustment. University of Maryland women’s basketball coach Brenda Frese coaches her team during a game in January 2024. Effective immediately, Maryland sportsbooks can no longer offer player props on college sports, like how many points #2 Riley Nelson might score in

Fanatics Sportsbook Expands to Indiana, Commerce Unit Has Layoffs

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Fanatics Sportsbook launched its online sports betting product in Indiana on Tuesday. The Hoosier State marks the 14th sports betting state entry for the mobile wagering platform controlled by the sportswear giant. The Fanatic Sportsbook has launched in Indiana. The debut marks Fanatics’ 14th sports betting state. The company’s rapid expansion comes after acquiring PointsBet

DraftKings’ Q1 Boosted by Super Bowl Parlays, Prop Bets, Says Analyst

draftkings’-q1-boosted-by-super-bowl-parlays,-prop-bets,-says-analyst

Most sportsbook operators were pinched by the Super Bowl because the underdog Kansas City Chiefs won outright. But DraftKings’ (NASDAQ: DKNG) first-quarter earnings might prove sturdy due to the operator winning on parlays and some popular proposition wagers. A DraftKings billboard appears in Times Square in New York City. An analyst believes the operator did

DraftKings Rallies on Barclays Upgrade, Bank Sees US Growth Ahead

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Shares of DraftKings (NASDAQ: DKNG) surged in early trading Friday, extending a run that’s seen the stock gain more than 10% over the past month. That’s after Barclays analyst Brandt Montour upgraded the gaming equity. A DraftKings Sportsbook advertisement above the Grand Central subway station in New York City. The stock rallied Friday on an

Illinois Governor J.B. Pritzker Wants More Money From Sports Betting

illinois-governor-jb.-pritzker-wants-more-money-from-sports-betting

Illinois Gov. J.B. Pritzker (D) on Wednesday unveiled a $52.7 billion spending plan for the state’s upcoming fiscal year that begins on July 1. The billionaire governor in his second term plans to partially cover the 2% spending increase by raising taxes on sportsbook operators. Illinois Gov. J.B. Pritzker arrives at the State Capitol to

DraftKings Spent $700K on Private Jet Travel for CEO Robins in 2023

draftkings-spent-$700k-on-private-jet-travel-for-ceo-robins-in-2023

DraftKings (NASDAQ: DKNG) spent $700K on private air travel last year for cofounder and CEO Jason Robins. DraftKings CEO Jason Robins. The company spent $700K on private air travel for him last year. (Image: Getty Images) That detail was revealed in the company’s annual report, which was published Thursday in conjunction with the operator’s fourth-quarter

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