SportsHandle: That was the week that was in US sports betting – SBC Americas

Posted: November 5, 2021 at 9:57 pm

SportsHandle and friends deliver another round-up of the weeks big developments in US sports betting.

Sources: Super Bid And One Other Will Win Coveted NY Mobile Sports Betting Approvals

The New York Gaming Commission is close to awarding mobile sports wagering bids to two consortiums made up of the most prominent names across the U.S. sports betting industry, multiple sources told Sports Handle Tuesday night.

Full story here.

Penn National CEO On States Sports Betting Tax Plan: Its A Margin Killer

Recent reports suggest that Penn National Gamings Barstool Sportsbook could face long odds trying to fit into New Yorks future mobile sports betting picture, but if so, PNG President and CEO Jay Snowden sounds like he wont be losing any sleep over it.

Full story here.

Seminoles Go Live With Digital Sports Betting Without Announcement In Florida

Floridas Seminole Tribe on Monday went live with digital sports betting, five days before a hearing in federal court seeking an injunction. Under a compact negotiated last spring, the tribe had the right to go live as early as Oct. 15, but in a court brief had pointed to Nov. 15 as the date.

Full story here.

Sports Betting Delayed Until 2022 In Maryland, But Just How Far Into The Year?

Maryland Gov. Larry Hogan is none too happy.

Hours after the states Sports Wagering Application Review Commission announced Wednesday that it was taking no action on sports betting applications for five casinos and requesting that all the applicants supply additional ownership information to the committee, Hogan, a proponent of legal wagering, offered up some strong words.

Full story here.

Beards, France, And Accidental Legislation: A Betting Limits Roundup

Ive written a ton about sportsbooks placing limits on both sharp and perceived sharp bettors. Ive written about sportsbooks not letting people know what their limits are. Ive written about how places like Circa are doing it the old-fashioned, old-school Vegas way they post their limits and let anyone bet right up to them.

And Ill take this moment to publicly congratulate FOX Bet and FanDuel both under the Flutter umbrella (at least for now) because if you populate either of their bet slips with a big number, it will tell you what your maximum allowable wager is. Its imperfect, but its a step in the right direction.

Today, Im back on the limit train. Were going to talk about an Illinois legislator who mightve accidentally stumbled into a way to stifle the sportsbooks. Well take a peek at France, where sportsbooks cant limit their customers. But first, lets talk about beards. (No, not this beard.)

Full story here.

DraftKings Shakes Up Rules For SBNC Sequel This Weekend In Weehawken (And Beyond)

This isnt your grandfathers DraftKings Sports Betting National Championship.

With nearly three years to think about what went right and what went wrong when DraftKings swung for the fences with the first sports gambling competition of its kind in January 2019, DK is trying again this Friday-Sunday, Nov. 5-7, headquartered at the EnVue Hotel in Weehawken, N.J. Some of the broad strokes remain the same for the 2021 edition: $10,000 buy-in, $5,000 starting stack, a million bucks for first place, biggest bankroll at the end of Sunday wins.

But quite a lot will be different from that wild weekend 34 months ago when amateur gambler Randy Lee was crowned the winner and professional bettor Rufus Peabody finished in a highly controversial third place. Among the differences: It appears neither Lee nor Peabody will be competing this time around.

Full story here.

Tennessee Has Biggest Sports Betting Month Since Launch

The first September of sports wagering in Tennessee was one to remember as the states Education Lottery Corporation reported record handle and gross gaming revenue figures Monday.

The Volunteer State launched sports wagering last November, which meant it missed out on the key month when NFL and college football begin an annual four-month stretch of high game inventory across multiple sports. With the Tennessee Titans firmly in control of the AFC South and the popularity of SEC college football, it figured September would provide an excellent opportunity for new benchmarks.

Full story here.

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SportsHandle: That was the week that was in US sports betting - SBC Americas

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