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News from the world of sports betting

Pro Gambler Guilty in Tabcorp Insider Betting Scandal

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A professional sports bettor married to a former senior trading manager at Australia’s biggest betting company, Tabcorp, has been charged with wagering with insider information, The Sydney Morning Herald reports. Nathan Snow, right, and Sally Snow, the married couple at the heart of the Tabcorp insider betting investigation that lasted for four years. (Image: Racing.com/SMH) Nathan Snow bet money on horse races with Tabcorp rivals after receiving private messages from his wife, Sally Snow, according to the findings of a Racing New South Wales (NSW) tribunal Friday. The messages revealed which horses other professional gamblers had backed on Tabcorp, according to a four-year investigation by Racing NSW. Sally Snow, a keen

FIBA World Cup Sees Germany Upset Team USA, Reach Final

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Germany upset Team USA in the FIBA World Cup semifinals as a +10 underdog. The gold medal game is set, and Serbia and Germany will meet in the FIBA World Cup final on Sunday evening in Manila. Germany shooting guard Andreas Obst defends Team USA point guard Jalen Brunson during an upset in the FIBA World Cup semifinal in Manila, Philippines. (Image: AFP) The Philippines, Japan, and Indonesia shared host country duties at this year’s men’s basketball FIBA World Cup. The final game between Germany (7-0) and Serbia (6-1) will take place at Manila’s Mall of Asia Arena. Canada (5-2) will meet USA (5-2) in the bronze medal game on

NFL Season Could Stoke Upside for Betting Stocks, Albeit Temporary

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The 2023 NFL campaign commences Thursday when the Detroit Lions travel to Kansas City to take on the defending Super Bowl champion Chiefs. That coupled with college football entering its second full week of action could mark the start of some favorable seasonality for select betting stocks. The famous charging bull on Wall Street. Some betting stocks could benefit from the start of the 2023 NFL season. (Image: Reuters) FanDuel parent Flutter Entertainment (OTC: PDYPY) and DraftKings (NASDAQ: DKNG) — the two largest online sportsbook operators in the US – are chief among them. Football is the most wagered on sports in the US, indicating that there can be tangible

NFC South: Wide Open Division in a Post-Tom Brady World

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The New Orleans Saints enter this season as the betting favorite to win a lackluster NFC South at +105 odds, which is considered one of the weakest divisions in the NFL. Quarterback Derek Carr, seen here in warmups for a preseason game with the New Orleans Saints, has a chance to lead his new team to a playoff berth for the first time since 2020. (Image: Getty) The Atlanta Falcons are +200 odds to win the NFC South and enter the season as the Saints’ closest competition. The Carolina Panthers (+500) and Tampa Bay Buccaneers (+1000) are in rebuilding years, which makes the NFC South a two-horse race between the

Kentucky Sports Betting Options Released: NFL and eSports are In, Slap Fighting is Out, Pickleball is Under Review

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Kentucky regulators Thursday outlined the dozens of professional and collegiate competitions that will be eligible for wagers when newly legal sports betting goes into effect next week. A Welcome to Kentucky sign greets travelers entering the Bluegrass State. Regulators this week announced what events will be eligible for wagering when sports betting becomes legal on September 7. (Image: Foursquare) The events catalog released by the Kentucky Horse Racing Commission includes all major US professional leagues, including the NFL, NBA, MLB, MLS, NHL, PGA, and WNBA. The list includes a variety of other sports in the US and abroad, including billiards, cornhole, cycling, darts, Olympic events, and tennis. It also includes

Iowa Sports Betting Revenue Looking Up for Fall Football

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Iowa’s sports betting market is welcoming preseason football and building on some momentum in summer sports wagering revenue. The Iowa Hawkeyes are ranked second in the Big 10 West division heading into the start of their 2023 season. (Image: Black Heart Gold Pants) The state’s handle stayed above $100 million in July. That is a slight decrease from earlier this year, but because of a roughly 10% hold in July, operators actually increased their revenue, as did the Hawkeye State’s coffers. Hold and spending are expected to increase with preseason football now, the kickoff of NCAA regular-season games at the end of the month, and the start of the NFL

Denver Broncos WR Jerry Jeudy to Miss Start of Season

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Denver Broncos wide receiver Jerry Jeudy sustained a hamstring injury on Thursday during a joint practice with the Los Angeles Rams. Jeudy is the fifth wide receiver from the Broncos to go down with an injury during the preseason. Denver Broncos wide receiver Jerry Jeudy, seen here scoring a touchdown against the Arizona Cardinals in a preseason game, will miss the start of the season with a hamstring injury. (Image: AP) Jeudy, the top wide receiver on the Broncos, fell to the ground with a noncontact injury during an end-around running play. He needed assistance off the field with a medical cart. The Broncos hinted that Jeudy could miss several

Billy Walters Claims Steve Wynn Lobbied Trump Against Pardon

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Billy Walters, the legendary sports bettor, claimed a long-running spat with Steve Wynn is the reason former President Donald Trump commuted his insider trading sentence rather than granting him a full pardon. Famed sports bettor Billy Walters believes Steve Wynn lobbied President Trump against pardoning him in his insider trading case. (Image: RealBillyWatlers.com) In his widely anticipated autobiography, “Gambler: Secrets from a Life at Risk,” Walters includes a chapter dubbed “Spinning Wynn’s Wheel,” containing details about an instance in which he won $3.8 million playing roulette at the Golden Nugget in Atlantic City, NJ. At the time of Walters’ big payday, the venue was owned by Wynn. Today, Tilman Fertitta

More Vegas Casinos Announce Competitively Priced F1 Grand Prix Packages

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Several more viewing options for the Las Vegas Grand Prix being held November 16-18 were announced this week by the Palms and Ellis Island casino hotels. Though both are off the Strip, they face the racetrack that Formula 1 is currently erecting out of streets in and around Las Vegas Boulevard. This rendering shows the grandstands Ellis Island is building a block east of the Strip, along the Las Vegas Grand Prix racetrack on Koval Lane. (Image: Scott Roeben/Vital Vegas) Ellis Island, a locals casino known for its value and not its luxury, is offering several “Turn 4 at Ellis Island Casino” options at the current lowest end of the

Seminole Sports Betting Ruling May Be Revisited by Federal Court

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A Florida cardroom operator is asking a federal appeals court to reverse its decision to uphold an agreement that gives the Seminole tribe exclusive rights to sports betting in the Sunshine State. A sports bettor downloads the Hard Rock Sportsbook app following Florida’s April 2021 agreement to allow the Seminole Tribe to operate online sports betting through a new 30-year gaming compact. A federal appeals court is being asked to revisit its decision siding with the Seminole Tribe. (Image: WFTV) West Flagler Associates, which has spent nearly two years fighting the Seminoles in court, lost last month in the U.S. Court of Appeals for the Washington, DC, Circuit. In a

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