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Former fugitive and Sports Offshore operator Richard Sullivan has pleaded guilty to illegal gambling charges. His plea comes nearly 14 years after he was first indicted by a federal grand jury in Boston. Former Massachusetts Congressman John Tierney fielding press questions in 2010 after his wife, Patrice Tierney, was caught up in the Sports Offshore …

Maryland sportsbooks have removed game-specific player props on college sports following a state regulatory adjustment. University of Maryland women’s basketball coach Brenda Frese coaches her team during a game in January 2024. Effective immediately, Maryland sportsbooks can no longer offer player props on college sports, like how many points #2 Riley Nelson might score in …

Fanatics Sportsbook launched its online sports betting product in Indiana on Tuesday. The Hoosier State marks the 14th sports betting state entry for the mobile wagering platform controlled by the sportswear giant. The Fanatic Sportsbook has launched in Indiana. The debut marks Fanatics’ 14th sports betting state. The company’s rapid expansion comes after acquiring PointsBet …

Most sportsbook operators were pinched by the Super Bowl because the underdog Kansas City Chiefs won outright. But DraftKings’ (NASDAQ: DKNG) first-quarter earnings might prove sturdy due to the operator winning on parlays and some popular proposition wagers. A DraftKings billboard appears in Times Square in New York City. An analyst believes the operator did …

Shares of DraftKings (NASDAQ: DKNG) surged in early trading Friday, extending a run that’s seen the stock gain more than 10% over the past month. That’s after Barclays analyst Brandt Montour upgraded the gaming equity. A DraftKings Sportsbook advertisement above the Grand Central subway station in New York City. The stock rallied Friday on an …

Illinois Gov. J.B. Pritzker (D) on Wednesday unveiled a $52.7 billion spending plan for the state’s upcoming fiscal year that begins on July 1. The billionaire governor in his second term plans to partially cover the 2% spending increase by raising taxes on sportsbook operators. Illinois Gov. J.B. Pritzker arrives at the State Capitol to …

DraftKings (NASDAQ: DKNG) spent $700K on private air travel last year for cofounder and CEO Jason Robins. DraftKings CEO Jason Robins. The company spent $700K on private air travel for him last year. (Image: Getty Images) That detail was revealed in the company’s annual report, which was published Thursday in conjunction with the operator’s fourth-quarter …

The Florida Gaming Control Commission has sent cease-and-desist letters to three fantasy sports operators that allow players to bet against the house. Traditional DFS (daily fantasy sports) games are played among pools of players or peer-to-peer. The Florida Gaming Control Commission has sent cease-and-desist orders to three fantasy sports companies that run pick’em contests. State …

Nevada oddsmakers came out on top of Sunday’s Super Bowl LVIII, but by a slim margin. Taylor Swift embraces Travis Kelce after his Kansas City Chiefs won Super Bowl LVIII on Sunday, Feb. 11, 2024. Nevada oddsmakers won $6.8 million on the big game. (Image: Getty) The Nevada Gaming Control Board (NGCB) reports that $185.6 …