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News from the world of sports betting

New York Sports Betting Tax Revenue Tops $1B in Latest Numbers

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Tax revenue from New York online sports betting has officially topped $1 billion. Taxes collected from the state’s online sports betting market hit $1,068,795,916 after The New York State Gaming Commission reported May numbers. The Empire State Building, above. The Empire State is raking in revenue from legalized sports betting. (Image: Getty) The Empire State took in more than $77.5 million in taxes last month, bringing current totals where they are today. New York launched online sports betting in January 2022 and hasn’t looked back. The Gaming Commission releases reports weekly and says gross gaming dollars have never dropped below $149.7 million in any week. The sports betting tax rate

Mirage Zone Tickets Now On Sale for F1 Las Vegas Grand Prix

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A brand new batch of 3,000 tickets is now on sale for the Mirage Zone grandstand at the Las Vegas Grand Prix, taking place Thursday to Friday, Nov. 16-18, 2023. The price is $2,200 plus taxes and fees per seat. A rendering of the Mirage Zone grandstands at F1’s Las Vegas Grand Prix. (Image: The Mirage Hotel & Casino Las Vegas) “Fans seated in the Mirage grandstands will have unrivaled views of the track on the Las Vegas Strip as the drivers come out of Turn 12 into Turn 13 during the race weekend. The Mirage and Hard Rock look forward to giving 3,000 attendees an unmatched hospitality experience as

Carmelo Anthony’s Denver Nuggets/New York Knicks Jerseys Debate Rages On

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There’s a slew of NBA novelty bets for the Finals. But one that hasn’t surfaced is odds on whether Carmelo Anthony will have his jersey number retired with the Nuggets, Knicks, both, or neither. Nikola Jokic poses for a publicity photo (left). Carmelo Anthony looks to shoot a basket (right). (Image: Casino.org via Twitter) Before the Nuggets’ burly center, Nikola Jokic, emerged in his “15” jersey to become arguably the league’s best player, odd were if Anthony were to see his “15” jersey rise to the rafters, it would be the Nuggets doing the honors. Not so anymore, with Jokic now laying claim to 15, and finally landing on the

New York Yankees Send Pitcher ‘Nasty’ Nestor Cortes to the IL

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New York Yankees starting pitcher Nestor Cortes is headed to the IL with a left shoulder injury. New York Yankees pitcher Nestor Cortes winds up against the Seattle Mariners at T-Mobile Park. (Image: Getty) The Yankees recently completed a six-game road trip on the West Coast. Cortes will undergo an MRI on Monday or Tuesday to gauge the severity of his shoulder injury, and he’s expected to miss a few starts. We don’t think it’s anything too major,” said manager Aaron Boone. “The last couple of times recovering in between, he’s had that achiness. That’s the trainers sense, that this is probably not surgery. But then again, we’re speculating there.”

Fanatics’ Mobile Sportsbook Launches in Maryland

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Fanatics Sportsbook has launched online operations in Maryland following approval by state regulators. A cellphone displays Fanatics’ mobile sports betting app. The company’s app is live as of Thursday in Maryland. (Image: Play Ohio) The Maryland Lottery and Gaming Commission issued a mobile sports wagering license to Fanatics’ in-state operation on Thursday, formally known as Maryland Stadium Sub, LLC. The Maryland move comes as Fanatics Sportsbook is expanding its operations nationwide, and the company’s CEO has said it hopes to be in as many as 15 states by the start of the 2023 NFL season. Fanatics has been operating a brick-and-mortar sportsbook in Maryland since January at FedEx Field, home

Ex-Gov. Rick Perry: Texas Sports Betting Fight Will Continue in 2025

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As expected, legislation to put the matter of sports wagering before Texas voters died upon advancing to the state Senate. But former Gov. Rick Perry (R-TX) remains optimistic the issue could be successful in 2025. Former Texas Gov. Rick Perry. He said sports betting legislation will be tried again in Texas in 2025. (Image: Wall Street Journal) Now a spokesman for the Texas Sports Betting Alliance, Perry issued a statement today lauding State Sen. Lois Kolkhorst (R-Brenham) and Rep. Jeff Leach (R-Plano) for their work on sports wagering legislation. The former Department of Energy secretary also highlighted the fact that the Texas State House voted 101-42 in favor of allowing

Sports Betting Bills Advance in Illinois and North Carolina

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Bills impacting sports betting advanced this week in Illinois and North Carolina. The Illinois State Senate build, seen above. The legislative body is considering two bills likely headed to that state’s governor. (Image: enjoyillinois.com) Lawmakers in Springfield passed two bills likely to come across Gov. J.B. Pritzker’s (D) desk before the year’s legislative session ends. Senate Bill 1508 forces Illinois sportsbooks to display a pop-up message after every 10 wagers made online to keep players aware of how much they’ve bet. Senate Bill 0089 extends in-person betting on Illinois teams at retail sportsbooks through the 2023-24 season. After spending almost a month in the House Gaming Committee, SB 1508 was

Los Angeles Lakers Consider Trade for Point Guard Trae Young

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After LeBron James hinted at a potential retirement, the Los Angeles Lakers discussed trade options for Atlanta Hawks point guard Trae Young. Atlanta Hawks point guard Trae Young, seen here defended by Los Angeles Lakers center Anthony Davis in a game at State Farm Arena, is the subject of off-season trade rumors. (Image: Getty) Jovan Buha from The Athletic reported that the Lakers had internal discussions about pursuing Young in a trade. Team owner Jeannie Buss and General Manager Rob Pelinka had a hypothetical discussion about what would it take to bring Young to Tinsel Town. The Lakers were linked to point guard Kyrie Irving, who had a rough transition

Former Brazilian MMA Fighter Wanderlei Silva Asks Fans to Cover Sports Bet Loss

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Brazilian middleweight champion Wanderlei Silva recently took to social media to ask his fans to cover his losses after a soccer bet went sideways. Wanderlei Silva in a prefight press conference for the MMA. He placed a couple of sports bets recently, then asked fans to cover the money he lost. (Image: Getty Images) Silva recently placed a “series of wagers” on a game between his favorite Brazilian team, Coritiba, and rival Club Athletico Paranaense. When his team lost, Silva took almost immediately to Twitter and, in a lighthearted plea, relayed his dismay and sought financial support. Silva got into the game after his team moved ahead 1-0. That was

NBA Trade Rumors: NY Knicks Interested in Adding MVP Joel Embiid

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Less than 24 hours after the Philadelphia 76ers fired head coach Doc Rivers, the New York Knicks were mentioned in trade rumors involving 76ers center Joel Embiid. Philadelphia 76ers center Joel Embiid throws down a two-handed dunk against the New York Knicks at the Wells Fargo Center in Philadelphia. (Image: Getty) During a recent episode of the “Lowe Post” podcast with Zach Lowe, ESPN’s Tim McMahon reported that the Knicks are interested in exploring a trade for Embiid. A trade between the 76ers and Knicks seems farfetched, because it’s rare to see division rivals swap players. Then again, the 76ers set a precedent prior to the 2022 trade deadline. They

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