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Only a few months ago, the UK’s Football Association (FA) handed soccer player Ivan Toney an eight-month ban for violating the organization’s sports betting rules. He faced 232 counts of misconduct, which could be a hint of what’s to come, now that Harry Toffolo potentially faces 375 counts. Harry Toffolo on the soccer field for Nottingham Forest during a game. He has to respond to allegations of multiple violations of the Football Association’s betting rules. (Image: Getty Images) The FA is investigating the Nottingham Forest defender for allegedly placing more than 375 bets between Jan. 22, 2014, and March 18, 2017. During those four years, Toffolo was with Norwich City, …

Vladimir Guerrero Jr. won the 2023 Home Run Derby at T-Mobile Park in Seattle, making the slugger from the Toronto Blue Jays a part of the first father and son duo to win the popular contest. 2023 Home Run Derby champion Vladmir Guerrero, Jr., first baseman from the Toronto Blue Jays, poses with the winner’s trophy in Seattle. (Image: AP) Guerrero Jr. entered this year’s Home Run Derby as the second favorite on DraftKings’ prop betting board at +370 odds. Two-time champion Pete Alonso from the New York Mets was the consensus favorite at +320 odds. When my family pushes me to do something, usually good things happen,” said Guerrero, …

After missing the first half of the season with a back injury, pitcher Carlos Rodon will make his debut with the New York Yankees Friday night. The team hosts the Chicago Cubs at Yankee Stadium in the Bronx. Pitcher Carlos Rodon, seen here during a rehab start with the Hudson Valley Renegades, will make his season debut with the New York Yankees on Friday. (Image: AP) Rodon will take the mound in game #89 of the season. It’s been a long-awaited debut for the lefty veteran. The Yankees are a -175 moneyline favorite against the Cubs, who will send ex-Yankees pitcher Jameson Tallion to the mound. In the off-season, the …

Fanatics founder Michael Rubin is adding to his portfolio of luxury real estate, having recently acquired a Hamptons mansion for $50 million. Fanatics founder Michael Rubin’s Hamptons house. He paid $50 million for it. (Image: Jewish Business News) Located on East Long Island, the Hamptons has long been the premier summer destination for wealthy New Yorkers and celebrities. Rubin purchased the mansion from HFZ Capital Group’s Ziel Feldman. It last sold in 2000 for $4.35 million, according to the New York Post. Feldman made significant alterations to the structure, making it an 8,000-square-foot-house with seven bedrooms and four bathrooms. The Hampton’s house isn’t Rubin’s first dalliance with high-end New York …

PointsBet (OTC: PBTHF) announced investors overwhelmingly voted in favor of $225 million all-cash takeover offer for its US operations from Fanatics. Fanatics CEO Michael Rubin. The company is officially acquiring PointsBet US. (Image: Yahoo Sports) At the Australian company extraordinary group meeting (EGM) earlier today, 99.16% of PointsBet shareholders voted for the bid, which privately held Fanatics revised earlier this week, tacking on 50% to its original offer. The vote caps a tumultuous two weeks that saw DraftKings (NASDAQ: DKNG) enter the fray for PointsBet US, bidding $195 million in cash for the business. While DraftKings made an offer that was initially higher than what was proposed by Fanatics and …

All-Star guard Damian Lillard stated multiple times that he hasn’t requested a trade from the Portland Trail Blazers, but that hasn’t stopped the Miami Heat from relentlessly pursuing him, which in turn, has fueled trade rumors. Portland Trail Blazers guard Damian Lillard has been the subject of constant trade rumors over the past two seasons, including with the Miami Heat. (Image: Getty) Lillard signed a super-max contract extension with a no-trade clause, and he stated he intends to finish his career in Portland. He turns 33 in July and will earn $45.6 million this upcoming season. In the 2024-25 season, Lillard will earn $48.8 million. He gets a huge pay …

A potential doubling of the tax rate on sports betting is among the issues Ohio lawmakers are working to hash out as they aim to approve a new budget by the end of next week. Ohio Gov. Mike Dewine, pictured, above.DeWine is pushing for a tax increase on sportsbooks in the state after high performance in the first few weeks of operation this year.  (Image: Getty) Whether to increase the current tax rate from 10% to 20% is among hundreds of areas of disagreement between the state House and Senate in budget bills that passed each chamber this month. Republican Gov. Mike DeWine is pushing for the tax hike after …

News that crypto gamblers were placing bets on the website Polymarket on whether the lost Titan submersible would be found has caused outrage on social media. Debris from the OceanGate Titan submersible was found by the US Coastguard on Thursday, suggesting the vessel imploded shortly after it went missing. (Image: The Telegraph) Polymarket users had wagered more than $220k on whether or not the sub would be found in time, as first reported by Gizmodo on Thursday afternoon. Polymarket is a prediction site on the Ethereum blockchain that enables users to buy and trade “shares” in the outcomes of future events. Once the market has been resolved, users can cash …

The New Orleans are keen on guard prospect Scoot Henderson, which is why they’re rumored to trade up in the upcoming 2023 NBA Draft. The goal is to secure the #2 pick from the Charlotte Hornets in exchange for either small forward Brandon Ingram or power forward Zion Williamson. Forwards Brandon Ingram (14) and Zion Williamson (1) from the New Orleans Pelicans were linked in trade rumors with the Charlotte Hornets, who are exploring options to trade the #2 pick in the 2023 NBA Draft. (Image: Getty) The NBA Draft takes place on Thursday in Chicago. The Pelicans currently have the #14 pick, but would have to work out an …

DraftKings (NASDAQ: DKNG) on Friday unveiled a $195 million all-cash offer for PointsBet’s (OTC: PBTHF) US unit, topping a $150 million bid submitted by Fanatics a month ago. DraftKings stock is highlighted at the Nasdaq market site. The company made an offer for PointsBet US, besting a bid by rival Fanatics. (Image: Nasdaq) In terms of percentage, the DraftKings proposal bests the Fanatics offer sheet by 30%. The new bid was publicized nine days after eight of the top 10 institutional holders of PointsBet equity, which combine to control 44.58% of the shares outstanding, voted in favor of the Fanatics proposal. In a letter to PointsBet CEO Sam Swanell and …