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As more states legalize online sports wagering, a recent report from UNLV’s International Gaming Institute urges these companies not to target young people and problem gamblers in advertising.  Soccer players compete in this illustration showing the immediacy of online sports betting. A report from UNLV notes that online sports betting is growing in popularity. (Image: Tecpinion) The 29-page document notes that more states are eyeing online sports wagering as a tax revenue source, especially in an economy hampered by the coronavirus pandemic.  Critics contend online wagering on devices such as smartphones and computers tempts juveniles and can drive problem gamblers into a financial hole that shatters families. These issues have …

Sweden’s greatest soccer player, Zlatan Ibrahimovic, could be facing a three-year ban from the sport for investing in gambling company BetHard, according to media reports. Zlatan Ibrahimovic appears in promotional material for BetHard in 2016. Turns out he owns a chunk of the company. (Image: BetHard Group) Swedish daily Aftonbladet claims the AC Milan striker is the fourth-biggest owner of BetHard, with a ten percent stake in the company. Neither FIFA nor UEFA, respectively the world and European soccer governing bodies, allow players to have financial interests in gambling companies. And both are reportedly thinking of making an example of Ibrahimovic, who is more commonly known simply as “Zlatan.” ‘You …

The NFL is pushing further into the betting world, announcing today that Caesars Entertainment (NASDAQ:CZR) is the league’s first casino sponsor. The league also brought DraftKings (NASDAQ:DKNG) aboard as its official sportsbook partner. Scenes from an Arizona Cardinals/San Francisco 49ers game in 2020. The NFL announced deals with Caesars and DraftKings. (Image: Variety) Once hands-off when it came to sports betting, the most popular sports league in the US slowly warmed to the idea following the 2018 Supreme Court ruling on the Professional and Amateur Sports Protection Act (PAPSA). As sports wagering emerges from the shadows and is increasingly regulated in the US, the NFL sees revenue-generating opportunities and avenues …

The Ohio state Senate committee that drafted the current sports betting bill met Wednesday for the first time since its initial version was unveiled last week. Already, there are some changes that have been made. Cincinnati Bengals quarterback Joe Burrow attempts a pass against the host Cleveland Browns in their Week 2 contest during the 2020 season. Ohio’s NFL teams have been proponents of legalizing sports betting in the state. (Image: Jamie Sabau/Getty Images) The Senate Select Committee on Gaming’s first action was to accept an amended version of Senate Bill 176. Committee Vice Chair Nathan Manning (R-North Ridgeville), a joint sponsor of the bill with state Sen. Niraj Antani …

Sports betting operators across the country are racing to secure as much market share as possible, and it’s paying off for local television stations by way of new ad revenue. A FanDuel television commercial starring former NFL star James Harrison is seen. FanDuel was one of several sports betting groups that spent heavily on commercials in the first three months of the year. (Image: FanDuel) Fifteen states have legal online sports betting operational. Seven others permit in-person sports betting. Five states additionally have full-scale internet casino gambling, with interactive slot machines and table games.  The major expansion of sports betting in the United States since the Supreme Court repealed the …

When New York picks its mobile sports betting platform providers, it’ll be the state’s Gaming Commission making those key decisions. New York Gov. Andrew Cuomo walks into a bill-signing ceremony in Buffalo, NY on April 16 wearing a Buffalo Bills facemask. On Friday, the New York State Gaming Commission released answers to more than 90 questions it received related to mobile sports betting, which Cuomo signed into law earlier this month. (Image: Darren McGee/Office of Governor Andrew M. Cuomo) On Friday, the Commission released a 10-page document providing some answers to questions on the application process. State officials answered 92 questions from interested parties. Earlier this month, New York state …

Nevada gaming regulators have given Circa Sports approval to open a sportsbook inside a renovated casino in Henderson. This comes as the Southern Nevada city is undergoing a revival. Circa Resort’s Derek Stevens, with hand raised, plays blackjack at The Pass Casino in Henderson, Nevada. Stevens attended the April 1 grand opening at the renovated casino. (Image: Las Vegas Review-Journal) After a ribbon-cutting ceremony on April 29, the sportsbook inside The Pass Casino will start accepting wagers at the ticket window. The Nevada Gaming Commission approved the arrangement on Thursday, according to the Las Vegas Review-Journal. The Pass opened April 1 on Water Street in Henderson’s historic district. Henderson is …

Michael Franzese, former caporegime of the Colombo Crime Family, isn’t sold on this whole regulated sports betting thing. Michael Franzese went from wise guy to nice guy, saving his wisdom for motivational speeches at Church conferences. (image: YouTube) As reported by the New Haven Register, the ex-wise guy told attendees at an online discussion on sports integrity for the University of New Haven that Connecticut’s legalization of betting has him “worried.” In mid-March, after two years of hitting a brick wall, the state’s two federally recognized tribes reached a deal with Democratic Gov. Ned Lamont that will allow gambling expansion that includes sports betting. In return, their Mohegan Sun and …

Washington State’s slow road to debuting regulated sports betting appears to have a launch date: The start of the 2021 NFL season. Seattle Seahawks quarterback Russell Wilson and coach Pete Carroll during a 2020 game. Washington is aiming to have sports betting ready for the 2021 season. (Image: The Athletic) In February 2020, policymakers in the Pacific Northwest state signed off on sports betting at tribal casinos, putting the state in the “legal” column. However, it’s yet to join the “live” category, even as several other states approved and started accepting regulated sports wagers over that span. At issue is the treatment of online betting, which Washington deems a felony. …

During the NFL AFC Divisional Round playoff game between the Cleveland Browns and Kansas City Chiefs in January, a technical glitch on the BetMGM online sportsbook platform ended up costing the operator more than $10,000. Patrick Mahomes (left) and Baker Mayfield meet on the field following the Chiefs and Browns game in Cleveland in 2018. An error on BetMGM during their NFL rematch this year cost the sportsbook over $10,000. (Image: Getty) A glitch, or perhaps a typo, resulted in the sportsbook offering rather attractive player prop bets on the two quarterbacks — Cleveland’s Baker Mayfield and the Chiefs’ Patrick Mahomes. BetMGM set an over/under of 300 passing yards for …