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Sports betting isn’t live in Ohio. But Bally’s and the NFL’s Cleveland Browns are preparing for that debut, announcing a wide-ranging partnership. FirstEnergy Stadium, home of the Cleveland Browns, seen above. The NFL team is partnering with Bally’s. (Image: Cleveland Browns) The gaming company’s Bally’s Interactive unit will become the official sports betting partner of the NFL franchise. Financial terms of the agreement weren’t disclosed, but the two sides describe it as “long-term.” Pending appropriate licensing and regulatory approvals, the collaboration will be highlighted by a branded lounge at FirstEnergy Stadium, the launch of the mobile Bally Bet Sportsbook app in Ohio and free-to-play gaming opportunities for fans in the …

Maryland sports betting began at the state’s land-based casinos in December. Five of the state’s six commercial gaming properties are now operating brick-and-mortar sportsbooks. Then-Horseshoe Casino Baltimore GM Erin Chamberlin and Baltimore Ravens Senior VP Kevin Rochlitz celebrate the Caesars Entertainment casino being named an official partner of the NFL team in 2018. Horseshoe and Maryland’s other casinos hope to have their mobile sportsbooks up and running for the 2022 NFL season. (Image: Baltimore Ravens) However, the gaming expansion will blossom once Maryland allows online wagering to commence. But the state is dragging its feet in awarding mobile sports betting licenses. During the Maryland Sports Wagering Application Review Commission’s (SWARC) …

The battle for control of sports betting in California is heating up. In the past few days, a number of organizations have issued statements of support or opposition to the various initiatives being proposed in the Golden State. A portrait of the Golden Gate Bridge, an iconic California attraction in San Francisco. Efforts are underway to legalize sports betting in the nation’s largest state, including one that would allow people to bet using mobile devices anywhere in the state, including scenic locations like the Golden Gate Bridge. (Image: Blake Everett/goodfreephotos.com) The crossfire of commentary comes as a deadline has passed for one group seeking to get on the ballot for …

Spanish lawmakers are in the process of updating the country’s sports betting laws. As they enter the last lap, they have to have all proposals in place this week. Spain’s Chamber of Deputies in their daily routine. The legislators are close to wrapping up the submission of proposals to update the country’s sports betting laws. (Image: Spain Chamber of Deputies) Spain’s Congress of Deputies is preparing a draft update to sports betting laws, especially how to target potential match-fixing and fraud. Chamber lawmakers have only a few days until all proposals must be submitted. This coming Wednesday is the deadline for the presentation of amendments in the Chamber of Deputies …

The International Betting Integrity Association (IBIA) has a new face to represent its causes. The global sports integrity body appointed former professional basketball player Jean-François Reymond as its Athlete Education Ambassador. Jean-François Reymond, a basketball player who later helped develop educational programs to improve integrity in sports. He is now the Athletic Education Ambassador for the IBIA. (Image: Daily Advent) The IBIA announced this week the appointment of its new Athlete Education Ambassador. Former French basketball player Jean-François Reymond will now help the organization promote sports betting education globally, especially in the fast-growing markets of the Americas. The IBIA explained in an announcement that Reymond will work closely with stakeholders …

One William Hill user enjoyed a massive windfall on a simple bet this past weekend. A simple accumulator bet, or parlay, hit all of its segments, turning £1 into £28,000. West Ham United FC players celebrate the team’s win over Everton this past weekend. That game helped a UK sports bettor turn £1 into £28,000. (Image: Sky Sports) A William Hill bettor scored a huge payday this past weekend, according to The Sun. The unnamed individual wagered £1 (US$1.31) and turned it into £28,000 (US$36,654). That makes it one of the most successful bets of the weekend. The bettor chose seven soccer games from around Europe, each with distinct odds …

A consortium of veteran organizations in California is opposing an initiative by tribal gaming operators to introduce sports betting in the state. A California state highway sign. Several California-based veterans groups have joined forces to oppose a proposed initiative by tribal gaming leaders that would allow tribal casinos to run sportsbooks.  (Image: Bensch511/Wikimedia Commons)In a statement this week, the vets groups say they’re concerned about other parts of the initiative that’s eligible for the November 2022 general election ballot. In particular, they said it would let tribal casinos sue commercially licensed cardrooms in the state. According to a copy of the tribal-backed initiative on the California Secretary of State’s website, …

Saint Peter’s did the unprecedented during the 2022 men’s college basketball tournament by being the first 15-seed to reach the Elite Eight. And the unlikeliest of Cinderella stories ended up being a tale of riches for sportsbooks and oddsmakers. The Saint Peter’s men’s basketball team celebrates after beating Murray State on March 19, 2022. Saint Peter’s was the Cinderella story of the 2022 March Madness tournament. (Image: Getty) During and after the Peacocks’ memorable run of upsets over No. 2 Kentucky, No. 7 Murray State, and No. 3 Purdue, sportsbooks took a bounty of action on Saint Peter’s. Many casual — aka public — bettors plopped down a few bucks …

The South Dakota Commission on Gaming (SDCG) recently fined two Deadwood venues $3000 each for taking allegedly improper sports wagers. A third business, an internet sportsbook, was fined the same amount for a similar allegation. Deadwood, South Dakota’s Mustang Sally’s, pictured above. The gaming venue was fined for improper sports bets. (Image: Historic Deadwood) The two casinos were identified as Gold Dust Hotel and Casino, as well as Mustang Sally’s, according to the Rapid City Journal, a local newspaper. The sportsbook is Internet Sports International (ISI). Mustang Sally’s allegedly took two wagers on the NCAA tournament before the teams were announced. Also, Gold Dust Casino took two bets on South …

Following a now lengthy bloodletting among sports betting equities, some names in the group are attractively valued. That factor may not be fully appreciated due to the risk-off sentiment currently permeating financial markets. The Nasdaq, listing venue for several sports betting stocks. An analyst sees value in the beaten up group. (Image: Getty Images) That’s the opinion of CBRE analyst John DeCree, who, in a note to clients today, acknowledges that while there’s lingering uncertainty, the sell-off endured by sports wagering stocks may be too deep. While we appreciate the uncertainty of both inflation and rising rates, we believe valuation of most US sports betting businesses overcorrected,” said DeCree. The …