Daily Archives: June 3, 2024

Sports betting revenue in Ohio reached $73.9m (58m/68.1m) in April, a 15.8% month-on-month increase.

The April revenue was a sizeable rise on the $63.8m reported in Ohio in March. The figure also takes Ohio to a year-to-date sports betting revenue of $317.1m.

Online accounted for $72.8m in revenue, 98.5% of the total. Retail, meanwhile, was responsible for $1.1m.

The rise in revenue was in spite of handle dropping 16.7% to $673.2m from Marchs figure of $808.2m. Ohio operators paid out $593.1m in winnings, while $20.1m was attributed to promotions.

Year-on-year, handle was up 29.3% while revenue was 16.7% higher than the same month last year.

FanDuel again led the way in April with online handle and revenue of $226.7m and $34m respectively.

DraftKings, meanwhile, reported April online handle of $216.8m and revenue of $20.8m.

Bet365 was third again for handle with a total of $48.9m, generating $5.1m in revenue. BetMGM and ESPN Bet reported handles of $45.2m and $35.8m respectively.

In April, adult amusement company Dave & Busters announced plans to allow adult rewards customers to bet against each other.

However, the Ohio Casino Control Commission is investigating whether the six Dave & Busters venues in Ohio would violate state laws if they were to offer wagering.

In nearby Illinois, representative Dan Didech filed the Family Wagering Prohibition Act. The bill would ban establishments such as Dave & Busters offering wagering.

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Ohio sports betting revenue hikes 15.8% to $73.9m in April - iGaming Business

Mere months after a sports betting scandal enveloped Shohei Ohtani and his now-former interpreter, Major League Baseball has another on its hands.

This one involves Tucupita Marcano, an infielder with the San Diego Padres whom MLB is investigating for betting on baseball, a person familiar with the situation said Monday, confirming a Wall Street Journal report. MLB rules explicitly prohibit betting on baseball, which means Marcano, a 24-year-old from Venezuela, could face a lifetime ban and become the first since Pete Rose to face such consequences for betting on his sport.

Marcano allegedly bet on Pittsburgh Pirates games while a member of that organization last year, according to the Wall Street Journal, which alleged the betting occurred while he was sidelined with a torn ACL. There are no concerns that Marcano influenced Pirates games to help make good on his bets, according to a person familiar with the investigation.

We are aware of the matter thats under investigation and are fully cooperating, the Pirates said in a statement Monday. We will refrain from further comment at this time.

We are aware of an active investigation by Major League Baseball regarding a matter that occurred when the player in question was a member of another organization and not affiliated with the San Diego Padres, the Padres said in a statement. We will not have any further comment until the investigative process has been completed.

MLB declined to comment, and Marcanos agency did not immediately respond to a request for comment.

Marcano began his MLB career with San Diego in 2021. After two seasons with Pittsburgh, he rejoined the Padres this past offseason but has yet to appear in a game while on the injured list. In his MLB career, he has played in 149 games with a .217 batting average and five home runs.

The Marcano investigation is just baseballs latest concern amid the widespread legalization of sports gambling in the United States. The issue exploded into public view in March when news broke that Ohtanis interpreter, Ippei Mizuhara, had siphoned millions away from the Los Angeles Dodgers superstar to pay off gambling debts. Mizuhara has since agreed to plead guilty to one count of bank fraud and one count of subscribing to a false tax return.

An investigation of the alleged bookie, Mathew Bowyer, who purportedly took Mizuharas bets led to MLB opening an investigation of former Los Angeles Angels infielder David Fletcher, currently a minor leaguer in the Atlanta Braves organization. MLB allows players to bet on other sports, but betting with an illegal bookie is punishable by a suspension.

Rose, MLBs all-time hits leader, was blacklisted in 1989 when he was managing the Cincinnati Reds. He remains the most high-profile example of a person within the game handed that fate in recent decades, and he has been kept out of the Hall of Fame because of it.

Though MLB plasters clubhouse doors with warnings against betting on baseball and ensures teams spend spring training mornings drilling that rule into the players heads, it has never been easier to bet on a game. And MLB has never put betting on its games more front and center than it is now, when odds, prop bets and ads for sportsbooks saturate every broadcast.

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Tucupita Marcano faces MLB ban for betting on baseball - The Washington Post

Some of the biggest scandals in sports history have revolved around players and gambling. Pete Rose is barred for life from baseball, in an agreement stemming from admissions of gambling. The Black Sox scandal, about a thrown World Series, is perhaps the most notorious sports debacle of all time.

Yet in a rush to embrace the potential profits provided by new forms of legalized sports gambling, the professional sports leagues have put players, and the people close to them, under untenable pressure. I have represented professional athletes for 50 years and I have never seen a situation thats more perilous to them and the integrity of sports.

These arent just hypothetical concerns: Jontay Porter, a center for the Toronto Raptors, was recently barred for life from the N.B.A. after a league investigation found that hed shared confidential information with a bettor, resulting in large wagers on his performance. As the new baseball season was starting, federal prosecutors said the interpreter for the star pitcher Shohei Ohtani had stolen millions from Mr. Ohtani to pay off gambling debts to an illegal sports bookie. Major League Baseball is investigating Mr. Ohtanis former teammate David Fletcher over allegations that he placed bets with the same bookie.

Pro sports depends on authenticity and credibility. Fans must believe that the games are fair and that each athlete is making the maximum effort to win. Any suggestion that the contests might be fixed or tainted will destroy the industry.

The appearance of integrity has always been central to the success of sports. When I started as an agent a half-century ago, the major leagues all considered it so crucial to maintain distance between the worlds of gambling and athletics that they agreed that Las Vegas then the only place where sports gambling was legal should not have professional franchises.

Everything changed when, on May 14, 2018, in the case of Murphy v. N.C.A.A., the Supreme Court struck down a decades-old federal law that effectively banned sports betting outside Nevada. Within weeks, New Jersey had established legitimate sports betting at its casinos and racetracks. Thirty-seven states quickly followed suit.

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Opinion | Sports Gambling Scandals Will Only Get Worse - The New York Times

The NBA Finals and Stanley Cup Final matchups are set.

The Dallas Mavericks will play the Boston Celtics in the NBA, and the Edmonton Oilers will play the Florida Panthers in the NHL. The NBA Finals will start on Thursday, and the Stanley Cup Final will start on Saturday.

Florida has never won a Stanley Cup, while Edmonton has won five, but the last came in 1990. Boston is looking to win its 18th NBA championship, which would be the most in NBA history. Meanwhile, Dallas has one NBA championship, back in 2011.

At the BetMGM Sportsbook, the Celtics are -225 to win the series, while the Panthers are favored to win their series, but only at -125.

Going into the season, the Oilers had +900 odds to win the Stanley Cup, which were the second shortest in the league. In Stanley Cup betting, Edmonton has taken in 9.8% of the tickets and 10.9% of the money. Meanwhile, Florida had +1800 odds to win going into the year, the ninth shortest in the NHL. The Panthers have taken 7.3% of the tickets and 8% of the money. Overall, the Rangers took in the most money to win the Stanley Cup (18.9%).

In the NBA, the Celtics were +550 to win the NBA championship going into the year, good for the shortest odds. The Celtics have taken in 13.6% of the tickets and 26% of the handle in the outright winner market. Dallas entered the season at +1200 to win, which were the fifth shortest in the NBA. The Mavericks have taken in 7.3% of the tickets and 6.8% of the handle. Overall, the Nuggets took in the most money to win the NBA Finals (24.9%).

Dallas will likely be underdogs to Boston in NBA Finals games, which isnt necessarily a bad thing for the Mavericks. In the playoffs this year, they are 6-1 against the spread (ATS) as underdogs. They are currently 6.5-point underdogs for Game 1 and pulling in 74% of the bets and 65% of the money.

Islam Makhachev defeated veteran Dustin Poirier with a fifth-round submission to defend his belt at UFC 302. At +400, Poirier was a popular pick, pulling in 93% of the tickets and 79% of the money.

Robert MacIntyre earned his first career PGA Tour win at the RBC Canadian Open. The 27-year-old entered the event with +8000 odds to win and was only drawing 1.6% of the tickets and 0.8% of the money. Rory McIlroy had the shortest odds to win at +400 and took in nearly a fourth of the money (24.3%). He finished tied for fourth, three shots back of MacIntyres winning score of 16-under.

The Major League Baseball season is in full swing.

When it comes to World Series odds, the Dodgers are leading the way at +300. They are taking in 10.6% of the bets (second most) and 14.6% of the money (most).

At +1000, the Orioles have drawn the most tickets (11.5%), while the Braves, at +800, have taken in the second-most money at 13.5%.

This column was provided to The Associated Press by BetMGMSportsbook.

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Sports betting roundup: Celtics open as NBA Finals favorites, Panthers narrow picks for Stanley Cup - The Washington Post

Gateway-Portland NASCAR 2024 Weekend Betting Recap I NASCAR Gambling Podcast (Ep. 427)

Welcome to another episode of theNASCAR Gambling Podcaston the Sports Gambling Podcast Network! Five days a week, Rod Villagomez and Cody Zeeb bring their love of NASCAR and their love of sports betting to you to help you set your bets for the weekend of NASCAR action. From the Craftsman Truck Series to the Xfinity Series, to the Cup Series, Rod and Cody have you covered.

Today, Rod and Cody recap an eventful Gateway-Portland NASCAR 2024 weekend and go over their betting picks for all three series. Did we see Corey Heim run away with the race or was his time finally up at Gateway? How well did SVG do in his second-ever Xfinity appearance on a road course? Are we crazy in thinking that we could predict the major strategy that played out in the Cup Series race on Sunday? Who were the most disappointed drivers leaving the track this weekend? Well answer these questions and more on this weeks episode.

Be sure to subscribe to the NASCAR Gambling Podcast on the SGPN App, and on Apple Podcasts or Spotify. Find Rod (@rjvillagomez) and Cody (@Husker_Zeeb) on Twitter.

Introduction Musical Credit: I Run byIconoclast

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Gateway-Portland NASCAR 2024 Weekend Betting Recap I NASCAR Gambling Podcast (Ep. 427) - SGPN

NEW YORK San Diego Padres infielder Tucupita Marcano is under investigation by Major League Baseball for allegedly betting on baseball and could be subject to a lifetime ban, according to a person familiar with the probe.

MLB is looking into allegations Marcano bet on games involving the Pittsburgh Pirates while on the teams injured list last season, according to the person who spoke to The Associated Press on condition of anonymity because the investigation is ongoing.

Marcano could be the second pro athlete banned for life over sports betting this year after the NBA punished Toronto Raptors player Jontay Porter in April following a league probe that found he disclosed confidential information to sports bettors and wagered on games.

Its believed that no active MLB player has been banned for betting on baseball since 1924. Pete Rose was retired when he agreed to a lifetime ban in 1989.

Marcano, 24, has not played since tearing his right ACL last July 24. He was claimed by the Padres off waivers on Nov. 2 and placed on the 10-day injured list March 19.

RANGERS: Texas Manager Bruce Bochy is dealing with a scheduled personal matter and missed Monday nights game against Detroit.

The team didnt elaborate on his absence, but said he was expected to return for Tuesdays game.

Will Venable, the teams associate manager, ran the Rangers for the series opener against the Tigers. Bochy told Venable on Sunday that he would be out, and made out the lineup for the game he is missing.

The outcome will count toward Bochys managerial record, which was 2,122-2,131 going into the game. He is 10th on the career wins list, with the most wins among active managers.

It was the first game Bochy missed since taking over as the Rangers manager before last season, when they won their first World Series title. It was the fourth for Bochy, who won three championships with San Francisco, which will visit Texas next weekend.

PHILLIES: The team placed outfielder Brandon Marsh on the 10-day injured list with a strained right hamstring.

The NL East leaders also put infielder Kody Clemens on the 10-day IL with low back spasms. Outfielder David Dahl and utilityman Weston Wilson were promoted from Triple-A Lehigh Valley, and right-hander Michael Rucker was transferred to the 60-day IL.

Dahl, 30, was in the starting lineup for the opener of a three-game series against NL Central-leading Milwaukee. It was Dahls first major league game since April 4, 2023, for San Diego against Arizona.

Dahl was selected by Colorado in the first round of the 2012 amateur draft. He agreed to a minor league contract with Philadelphia in February.

ORIOLES: Baltimore prospect Connor Norby made his major league debut Monday night against Toronto.

Norby and left-hander Nick Vespi were brought up from Triple-A Norfolk before the opener of a four-game series against the Blue Jays.

Norby played second base and batted ninth against former Orioles right-hander Kevin Gausman.

A second-round pick in the 2022 draft, Norby hit .286 with nine homers and 36 RBI in 51 games at Triple-A.

ASTROS: The team wasnt ready to say whether starter Jos Urquidy is done for the season amid reports that a second Tommy John surgery is possible.

Urquidy hasnt pitched this season after straining his right forearm in spring training. He appeared close to coming off the injured list before leaving a rehabilitation start for Triple-A Sugar Land with right elbow inflammation on May 24.

GIANTS: Left-hander Blake Snell was placed on the 15-day injured list, one day after leaving a game against the New York Yankees with a left groin strain.

Veteran outfielder Michael Conforto will take Snells place on the roster. Conforto has been out since May 11 because of a hamstring injury. Hes hitting .280 with seven homers and 20 RBI this season.

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San Diego player probed for betting on baseball - Press Herald

Analysing the latest monthly sports betting results from across the US, iGB takes a look at year-on-year growth in Virginia during April and a month of mixed fortunes in Colorado.

Virginia reported an increase in both sports betting revenue and handle in April. However, while Colorado saw player spending rise year-on-year, total wagering revenue was lower.

Beginning in Virginia with player spending, this amounted to $563.5m (442.4m/519.2m. This represents a year-on-year rise of 32.3% but 11.3% less thanMarchs $635.5m total.

Bettors spent some $559.3m betting online, plus $4.2m at retail sportsbooks in land-based casinos across Virginia.

As for adjusted gross revenue, this hit $54.6m, which is 40.4% higher than April last year and 28.8% more than $42.4m in March this year.

Of this total, $54.5m came from online betting, while just $110,208 was generated in retail revenue.

Adjusted gross revenue is calculated by taking off player winnings, bonuses and promotion and other deductions from gross revenue. Virginia takes adjusted gross revenue at a flat rate of 15.0%.

Players won a total of $502.9m from sports betting in April, with the state generating $8.2m in tax. Virginia does not disclose information on individual operators, but it was revealed that 12 of its licensed operators posted positive adjusted gross revenue during the month.

Turning now to Colorado and there were somewhat mixed results from sports betting in April.

Player spending during the month reach $509.5m, which is 22.0% higheryear-on-yearbut down 14.1% fromMarch. This includes $507.1m worth of online bets and $2.4m from the retail market.

Basketball drew the most bets, with consumers wagering a total of $169.6m during April. A further $85.9m was bet on baseball, with tennis betting amounting to $32.5m.

Turning to revenue, total gross gaming revenue from sports betting hit $32.0m. This is 8.8% less than last year and also 28.9% behind the $45.0m posted in March this year.

Online gross gaming revenue amounted to $32.2m, but the overall market figure was hit by a $160,166 loss from retail betting.

Players won a total of $477.5m from sports betting, with the state collecting $1.9m in tax.

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US April round-up: growth in Virginia, mixed month for Colorado - iGaming Business