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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 …

Tiger Woods and Phil Mickelson have eight green jackets between the two of them, so the betting enthusiasm behind the two World Golf Hall of Fame members for next month’s Masters isn’t exactly surprising. What is surprising is that substantial wagers continue to roll in on the two, despite little chance of either teeing it up April 7-10 at August National. Tiger Woods puts the green jacket on Masters winner Phil Mickelson in 2006. Woods and Mickelson are popular bets for the 2022 Masters, but neither is likely to play. (Image: Getty) BetMGM revealed this week that both Woods and Mickelson are betting favorites among the public. Woods’ name is …

A bill to legalize sports betting in Kentucky will get a hearing in the General Assembly on Wednesday morning, and the proposal’s sponsor is optimistic about its chances of clearing the state House of Representatives. State Rep. Susan Westrom (standing) speaks with House Licensing, Occupations, and Administrative Regulations Committee Chair Adam Koenig before the committee’s meeting on Feb. 23. Koenig will present a bill legalizing sports betting in the state before the committee on Wednesday. (Image: LRC Public Information) House Bill 606 will go before the House Licensing, Occupations, and Administrative Regulations Committee in an 8 am ET meeting in Frankfort. The bill is the latest proposal by state Rep. …

While most of America was busy studying their NCAA Tournament brackets, Tom Brady decided to scrap his retirement plans. Tampa Bay Buccaneers quarterback Tom Brady, seen here on the sidelines at SoFi Stadium in Inglewood, Calif., in a 2021 NFL game against the Los Angeles Rams, announced Sunday that he would return for another season. The 44-year-old quarterback had announced his retirement in January. (Image: Icon Sportswire) The NFL’s GOAT shocked the sports world Sunday evening when he announced on social media that he would not retire, and would don the helmet once again for the Tampa Bay Buccaneers this upcoming season. “These past two months, I’ve realized my place …

The man who led an intricate Chicago-area illegal sports betting operation found out Wednesday that he’ll serve 18 months in federal prison for his crimes. The Everett McKinley Dirksen Federal Courthouse in Chicago. On Wednesday, Vincent DelGiudice was sentenced to 18 months in prison for his role in orchestrating a large illegal sports betting ring. (Image: USCourts.gov) Vincent “Uncle Mick” DelGiudice was sentenced in a Chicago federal court after pleading guilty last year to gambling and conspiracy charges. In addition to the prison time, US District Judge Virginia Kendall also ordered the 58-year-old to forfeit $3.6 million in ill-gotten gains. DelGiudice’s operation had more than 1,000 bettors engaged nationwide, according …

DraftKings (NASDAQ:DKNG) is moving further into the cryptocurrency space, announcing today it will stake digital assets to support the Polygon blockchain network. But shares of the gaming company are sliding due to an analyst downgrade. DraftKings is expanding into the cryptocurrency arena with Polygon. However, the stock has slumped on analyst downgrade. (Image: Polygon Blog) Today, the Boston-based online sportsbook operator said it’s partnering with Zero Hash to stake digital assets it holds in its treasury to support the Polygon (MATIC) blockchain network. With this collaboration, DraftKings is optimizing its working capital and liquidity as it operates a validator node that contributes to Polygon’s governance and network security,” according to …