Category Archives: Sports Betting

Monday's double feature of Giants-Packers and Dolphins-Titans brings an opportunity to score $150 in bonus value through the FanDuel promo code.

No Code Needed

The way this will work is new users will place a minimum $5 moneyline bet and if it wins, they will be rewarded with $150 in bonus bets.

This differs from the usual "bet/get" structure in which a sportsbook gives the bonus value no matter what the result is.

Since this is the case, we advise you place this bet on a heavy favorite. Between both of Monday's games, the Dolphins are the bigger favorites with -850 odds to beat Tennessee.

An example would be you place $10 on the Dolphins to win as your first wager at FanDuel. If Miami prevails, you would get $150 in bonus bets along with an $11.18 payout.

But if the Titans pull off a massive upset, you will get nothing in return.

If you're looking to bet Packers-Giants, Dolphins-Titans or any other event listed, you can get started with Monday's FanDuel promo codethrough this article.

No Code Needed

Note that bonus bets will not be kept after using them. FanDuel gives 14 days for users to place bets with them before they disappear.

When it comes to approaching bonus bets, we tell readers to take the exact opposite angle than the above example and pick an underdog or a prop with a longer line.

We'll dive into a Monday bonus betting pick below.

Jordan Love has been validating himself as a No. 1 quarterback in the NFL with three straight convincing victories. one of those was to the Packers where he gave up no turnovers and out threw Patrick Mahomes.

He'll now head to East Rutherford, NJ where a Giants team that ranks No. 32 in overall DVOA awaits him.

New York may be coming off of two wins, but those were against the single worst defense followed by the worst offense in football.

The Giants have one of the worst pass rushes in the game, sacking the quarterback at a third-worst rate. They cough up a rate of 228.6 air yards per game, which I'm looking for Love to pass on Monday night.

His prop is set right around there at 225.5, but I'm going to up the ante since bonus bets are best utilized on plus money picks.

I like Love to air out over 250 yards on Monday as it's a number he's crossed in four consecutive games.

A $100 bonus bet on Love to hit the 250-yard mark would return $164 in real earnings. If he doesn't hit this alternate prop, it would score nothing at all.

Step 1.Click hereto visit FanDuel. Navigate to Bet Now in the middle of the page, and select your state. Step 2.Enter all the pertinent details needed.

Step 3.Confirm your age and eligibility. You must be 21, even in Kentucky, where sports betting is 18+ by law. Step 4.Deposit and make a $5 bet.

No Code Needed

New players only, 21+. Gambling Problem? Call 1-800-GAMBLER. Available in AZ, CT, CO, IA, IL, IN, KS, KY, LA, MD, MI, NJ, NY, PA, OH, TN, VA, WV, WY only. Full T&C apply.

How would you rate this article?

This site

Continued here:

FanDuel Promo Code Earns $150 Promo Opportunity for MNF, All Monday Events - The Action Network

The LA Bowl features a showdown between the UCLA Bruins (who are 3.5-point favorites) and the Boise State Broncos on December 16, 2023 at 7:30 PM ET on ABC. The over/under is set at 49.5 points for the contest.

UCLA sports the 79th-ranked offense this season (25.8 points per game), and has been better defensively, ranking 15th-best with just 18.1 points allowed per game. Boise State's defense ranks 63rd in the FBS with 375.5 total yards given up per game, but it has been carried by its offense, which ranks 24th-best by piling up 444 total yards per contest.

Watch live sports and more on Fubo! Use our link to sign up for a free trial.

Looking to place a bet on Boise State vs. UCLA? Head to BetMGM using our link to unlock a new user bonus!

Bet on Boise State to win this matchup now with BetMGM!

Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER.

2023 Data Skrive. All rights reserved.

Read more here:

Will Boise State cover the spread vs. UCLA? Promo Codes, Betting Trends, Record ATS | LA Bowl - KMVT

If you are aiming to increase your bankroll with minimal risk and expenditure, explore theDraftKings promo code. Monday night offers a full slate of NBA, college basketball, NHL games, and two MNF games, so theres no better time to get in on the action if youre a fan.

By placing a $5 bet, you can secure $150 in bonus bets, making it one of the most attractive deals in the industry. DraftKings also provides a plethora of betting options, ensuring you have countless opportunities to place your bets.

If you meet the minimum deposit and first wager requirements, youll receive your $200 bonus instantly upon placing your first bet.

With an instant $150 on hand, you start with a bankroll for close to no risk.

Your daily no-sweat bets are simple. Opt-in to the offer before you place your bet (minimum three-leg SGP parlay). If you win, youll cash like usual. If you lose, youll receive bonus bets to try again!

Now,lets get you started with that first bet.

Compared to other reputable sportsbooks likeBetMGM,Caesars, andFanDuel, it isDraftKingsthatfrequentlydelivers more variety and favorable odds, giving you a better chance to maximize your potential winnings. Whether you are legally betting in the United States or looking at offshore books, we have yet to find another place to bet that matches some of their features, like same-game parlays and player prop challenges.

What distinguishes the DraftKings Sportsbook app is its diverse range of offerings catering to a wide spectrum of bettors. It not only accommodates those inclined towards traditional bets but also features daily fantasy offers and an extensive array of player props across major sports. DraftKings stands out by providing a more extensive selection of player props compared to many other sportsbooks, setting it apart from its competitors.

Place a bet of $5 or more on any game with your cash balance and receive $150 inBonus Betsinstantlyafter your first wager is placed. Sign up today with theDraftKings promo code.

You can find odds on sports all across the world at DraftKings, even if theyre out of season!Its easy to find what youre looking for with DraftKings easy-to-use site, including pages that track your bets and promotions.

Be sure to utilize Winners and Whiners to help you with all your top sports betting picks. Ourhottest sports handicappersare covering all the top sporting events with expert insights. You can also findfree NFL picksandcollege football predictionseach and every day.

Disclaimer: Gambling problem? Call (877-8-HOPENY) or text HOPENY (467369). If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537).

(IL/IN/LA/MI/MD/NJ/OH/PA/TN/WV/WY), 1-800-NEXT STEP (AZ), 1-800-522-4700 (CO/KS), 888-789-777/visit ccpg.org (CT), 1-800-BETS OFF (IA), or 1-88-532-3500 (VA).

See original here:

DraftKings Promo Code Get $150 in Bonus Bets On Monday, December 11th - Winners and Whiners

Catena Media provides exclusive sports betting and casino content to NJ.com, including picks, analysis, tools and sportsbook offers to help bettors get in on the action. Please wager responsibly.

Monday Night Football doubleheaders are typically reserved for the seasons opening weeks, but fans will be treated to Packers vs. Giants and Titans vs. Dolphins tonight to close Week 14.

Get in on the action with our best football betting promo codes, which allow first-time customers to wager up to $4,850 in bonuses on tonights Packers vs. Giants NFC clash.

Green Bay is seeking a fourth consecutive victory, which would elevate them above .500 for the first time since Week 3. Jordan Love was shaky at the start of the season but is beginning to acclimate himself in year one as the Packers full-time starter.

Love has thrown for 857 yards, eight touchdowns, and zero interceptions during Green Bays winning streak. His top target has been rookie Jayden Reed, with 513 yards and five touchdowns on the season.

The Packers currently sit in the final Wild Card spot of the NFC playoffs, and a loss would drop them to 6-7, creating a five-way tie with the Rams, Seahawks, Falcons, and Saints.

New York had high hopes for the 2023 season after surprising the NFL world by making it to the NFC Divisional Round last postseason. A 40-0 Week 1 loss to the Cowboys was foreshadowing for the 4-8 Giants, though things are looking up in East Rutherford.

The G-Men came out on top in each of the last two weeks, the first time New York has won back-to-back games this year. The Giants defense stepped up big time in the victories, allowing 26 total points and forcing nine turnovers.

New Yorks remarkable ability to create turnovers has been crucial in its recent wins, but Green Bay has done a spectacular job of protecting the rock in the second half of the season. Love tossed eight interceptions through Week 8 and has just two picks in the last five games.

Packers ball carriers have lost one fumble, coming from wide receiver Dontayvion Wicks. The Giants have the NFLs fourth-worst rushing defense, which should allow the Pack to establish the run with AJ Dillon and open throwing lanes for Love.

Green Bays defense ranks 10th against the pass, surrendering 203 yards per game. The Packers also lead the league in passing touchdowns allowed, meaning nothing will come easy for Tommy DeVito.

The Giants have the NFLs worst passing offense and lack play-making wide receivers. Darius Slayton leads the team with 435 receiving yards, ranking 70th league-wide.

The lucky citizens of New Jersey, Pennsylvania, and Michigan can enter BetMGM online casino bonus code PLAYNJSPORTS at sign up to score up to $1,000 in bonus bets. BetMGM offers real money online casino betting options, such as slots, table games, and more. Click the BetMGM online casino bonus code banner above to learn more.

To activate one of our football betting promo codes ASAP, read the instructions below:

Follow a sportsbook promo code link to read an offers terms and conditions.

Add further enjoyment to your sports betting journey by opting into these fabulous promotions:

If you or a loved one has questions or needs to talk to a professional about gambling, call 1-800-GAMBLER or visit 1800gambler.net for more information.

MORE SPORTS BETTING STORIES

Think you know Giants and Jets football? Play the NJ.com Prop Bet Showdown for a chance to win prizes!

2024 Super Bowl Odds: 49ers are favorites, Eagles and Chiefs in the mix

2024 NBA Championship odds: Celtics, Nuggets, Bucks are early favorites

Best NFL betting sites

Top sports betting apps

Link:

Monday Night Football Packers vs. Giants odds, best bets, and top sports betting promo codes - NJ.com

By Brian Murphy, WRAL

Sports bettors in North Carolina won't be able to legally bet on the 2024 Super Bowl in the state from their mobile devices.

North Carolina Lottery Commission chairman Ripley Rand made the announcement at the end of Wednesday's commission meeting.

The commission previously announced that sports betting would not go live on Jan. 8, the first date allowed by North Carolina's sports betting law. The commission has until June 14 to launch sports betting in the state.

The Super Bowl is Feb. 11.

"One question I know I have gotten a number of times and I'm sure other commissioners have gotten is whether sports betting will be up and running in time for the Super Bowl," Rand said. "While the commission is committed to making sports betting available in an effective manner as quickly as we can, with all the remaining work to be done, that unfortunately will not be the case. We hope to be able to announce a day in the near future about when sports betting will go live in North Carolina."

The commission approved application forms for operators at its meeting Wednesday. The first deadline for applications, which are expected to become available later this week, is Dec. 27.

The commission has 60 days from that date to perform background checks and other work on the applicants. That can be extended by an additional 30 days.

"We're asking our future sports wagering operators to complete and submit their applications to the commission by December 27th," said Sterl Carpenter, who is in charge of sports betting for the lottery. "In doing so, their applications can start the 60-day window for licensure approval and they would be able to be considered for our go-live date."

Sports wagering operators in North Carolina must obtain a "written designation agreement" from certain sports teams, leagues or facilities in order to apply for a license. The feature was added to state law in the budget several months after the original gambling law was passed.

The Charlotte Hornets announced Bet365 will be their official mobile sports betting partner. Other franchises, leagues or venues are expected to announce their partnerships with operators soon.

Sports betting is currently legal at three tribal casinos in the western part of the state.

Read more:

Sports betting won't start in North Carolina before Super Bowl - WRALSportsFan

Credit:

Picture by Getty Images.

Updated:

Nov 30, 2023, 03:44 PM EST

LeBron James' high school teammate and long-standing business partner Maverick Carter admitted to illegally placing bets on the NBA in 2021, the Washington Post reported on Thursday.

Carter told federal agents as much during an investigation into bookie Wayne Nix, who ran an illegal sports gambling ring that encompassed many former and current players across American sports, according to federal prosecutors.

During the interview in Nov. 2021, Carter said he "could not remember placing any bets on the Lakers," according to a report that summarized the interview.

A spokesperson for Carter repeatedly declined to answer questions about James and said that Carter's sports bets "had nothing to do with [LeBron]." Carter said in the federal report that he did not place bets for people other than himself.

Carter has been partnered with James since the latter entered the league in 2003, having been anointed as "The Chosen One." Carter and James had both attended St. Vincent-St. Mary High School in Akron, Ohio. Alongside Rich Paul, the trio are considered among the most powerful people in basketball.

Carter and his lawyers said he made about 20 bets ranging from about $5,000 to $10,000 on football and basketball games over the course of a year. The bookie Nix's partner Edon Kagasoff told a "business manager for a professional basketball player" via text that he could increase his bets to a maximum of $25,000 for NBA games.

Carter was never charged for being a part of the scheme and served merely as a witness, his spokesperson told the Washington Post. Nix faces up to eight years in prison after pleading guilty to conspiracy to operate an illegal gambling business.

How would you rate this article?

This site

Read more:

LeBron Business Partner Maverick Carter Admits to Illegal NBA Betting - The Action Network

Press Release | November 30, 2023

MotoAmerica To Be First U.S.-Based Two-Wheel Sport To Officially Offer Wagering On Races to Fans

This is a press release from MotoAmerica

Irvine, CA (November 30, 2023) MotoAmerica, North Americas premier motorcycle road racing series and home of the AMA Superbike Championship, is excited to announce an exclusive partnership with ALT Sports Data, a leading provider of cutting-edge sports data and analytics solutions. Beginning with the start of MotoAmericas 10th season in 2024, ALT Sports Data will be the sole distributor of sports betting data for MotoAmericas race events, strengthening its leading position as a major operator in the sports data and betting market.

The partnership marks a significant milestone in the sports industry. MotoAmerica will be the first two-wheel motorsport to officially partner with ALT Sports Data, which will leverage its deep expertise to provide comprehensive and real-time data to sports betting operators, enabling them to offer unmatched betting experiences for fans of MotoAmerica. The collective effort between MotoAmerica and ALT Sports Data will allow sportsbook operators to create pre-event markets, as well as manage in-race odds, giving fans a new way to connect with the series.

MotoAmerica will provide access to its race timing data, allowing ALT Sports Data to collect, analyze, and distribute the data to licensed sports betting operators worldwide. Fans can look forward to a robust betting experience that offers real-time statistics, odds, and insights. The partnership gives MotoAmericas fans the opportunity to engage with teams and riders more than previously was possible, as well as having more information about whats happening on the track through the sharing of information with ALT Sports Data.

We know that this exclusive partnership with ALT Sports Data will transform the way fans around the world engage with our series and offer a more immersive experience for them than ever, said Chuck Aksland, Co-Founder and COO of MotoAmerica. Sports betting continues to grow on a global scale, our fans have been looking for an opportunity to wager on races, and nows the perfect time for MotoAmerica to enter this industry, as the series is also experiencing positive growth.

Todd Ballard, Co-Founder and Chief Marketing Officer of ALT Sports Data added Its our mission to drive more commerce around the sports we watch and love. As the official data partner of MotoAmericaNorth Americas premier professional motorcycle road racing serieswe are opening the door for a new and highly engaged audience to engage with the sport. Legal sports betting offers a new point of connection to these iconic sports, their world-class athletes and their global communities. And that translates to more fans and greater engagement.

MotoAmerica, together with ALT Sports Data, is committed to maintaining the integrity of the sport. This partnership will uphold the highest standards of data accuracy and security, and through this collaboration, MotoAmerica looks to capitalize on the growing popularity of the series while ensuring a safe, secure, and entertaining betting experience for its fans around the world. More information about this partnership will be announced at a later date.

For more information on MotoAmerica, visit http://www.MotoAmerica.com

Read the original post:

MotoAmerica Partners With ALT Sports Data In Exclusive Global Sports Betting Rights Agreement - Cycle News

Mark Cubans surprise sale of a majority stake in the Dallas Mavericks to Las Vegas Adelson family could set the stage for another battle in Austin over the future of legalized gambling and sports betting in Texas.

The Dallas billionaire is a proponent of legalizing gambling in Texas to bring in resort casinos. Though the state has killed any efforts to allow sports betting or gambling, industry experts say Cubans move could be what finally pushes Texas lawmakers to act.

I have to believe that the political leadership has got to be a little tired of looking at all the tail lights leaving Texas, said Alan Feldman, a distinguished fellow at the University of Las Vegas International Gaming Institute. Theres a lot of money leaving the state. And at some point, I think theyre going to realize if they dont get in the game, Texas is just going to be exporting money to other states.

Cuban sold a majority interest in the NBA team to Miriam Adelson, the biggest shareholder in one of the worlds biggest casino operators, Las Vegas Sands, and a widow to Las Vegas casino mogul Sheldon Adelson. Cuban made clear last year that he hoped to eventually partner with the Adelson family to build an arena and resort-style destination in Dallas.

Business Briefing

Become a business insider with the latest news.

Legalizing casino gambling requires an amendment to the Texas Constitution, which needs two-thirds approval in both chambers of the state Legislature to put it before voters.

Texas is one of the biggest states to not yet legalize casino gambling or sports betting. But with a fervent fanbase for its sports teams and a growing population, Texas, and Dallas specifically, are seen by proponents as perfect locations for casinos and gambling companies to set up shop, said Andrew Brandt, executive director of the Moorad Center for the Study of Sports Law at Villanova Universitys Law School.

Texas is such a big stage. So much of a revenue base could come from sports betting and its the reason why a lot of states have implemented it, he said. Its an anomaly that large states like Texas and California are sitting on the sidelines in this industry.

The Texas Sports Betting Alliance, relying on a report from Eilers & Krejcik Gaming, estimates that more than $8 billion is illegally bet in Texas annually. The sports betting market was estimated to be nearly $77 billion in 2021. Data Bridge Market Research thinks that figure could soar globally to $297 billion by 2030.

Texans also spend roughly $5 billion a year in adjacent states and Las Vegas, according to another estimate.

Texans spend billions of dollars every year in casinos in nearby states, said Ray Perryman, CEO of the Perryman Group, a Waco economic research firm. There are gaming facilities very close to the border in Louisiana, Oklahoma, and New Mexico.

Next door in Lousiana, Baltimore-based Cordish Companies, the mastermind behind Arlingtons Texas Live! entertainment center, is planning a $250 million casino resort thats expected to open in 2025.

Cuban has previously said he believes Texas isnt a hot tourist draw because it lacks real destinations to save up for. Hes said resort gaming could change that, and hes not alone in that belief.

I imagine there could be a lot of gambling tourism, said Raji Srinivasan, a marketing professor at the University of Texas at Austin. Whether its Dallas or San Antonio, cities could really capitalize on this. Las Vegas might even see a cutback in a sizable portion of its tourism because people are willing to travel from Texas to gamble in Vegas.

The Adelsons have actively lobbied state legislators for years. The familys newfound ties to the Mavs could be the tipping point for lawmakers, Feldman said.

Theyve been looking at Texas for a long time, he said. People in the community might be hesitant about building a new arena, but they can put a new proposal on the table that might include a casino resort. That wasnt a realistic vision before but maybe that could change now.

Sheldon Adelsons influence on the Republican Party as a longtime donor may also sweeten the pot for decision-makers in Austin, Srinivasan said.

Their family has been a big contributor to the GOP. So they have good inroads with the party already, she said. I think theyll be able to advocate in a way that Mark Cuban hasnt been able to historically. I think that has to be one of the interests behind making this play for the Adelson family. If anyone can pull this off, its going to be them.

Brandt said the Adelson familys wealth Miriam Adelsons net worth is estimated at $33 billion gives them the financial resources to push for gambling expansion.

A family like theirs having a majority stake in one of the premier franchises in Texas is a net positive for the efforts of legalized gambling in the state, he said.

Given opposition from Lt. Gov. Dan Patrick and others to legalization efforts, the fight in Austin is easier said than done, Perryman said.

It is difficult to say how the acquisition of a major sports franchise by a prominent casino operator will impact the efforts to enact legislation authorizing gaming, he said. Historically, efforts have come the closest to passage at times when the state was facing revenue shortfalls, which is not the case at present.

Despite his doubts, Perryman said hes not ruling out legalization as the state looks for solutions for a number of issues.

Texas is a rapidly expanding state that faces long-term challenges in providing necessary educational opportunities at all levels, infrastructure, water resources, broadband, health care, workforce development, and many other requirements, he said, The revenues that could be obtained from permitting gaming would be very beneficial in these efforts.

If Texas were to legalize casino gambling and sports betting, it could set off a scramble by Sands and other companies to cash in, Srinivasan said.

The Adelsons have the advantage here if it gets legalized, but once its legalized, youre gonna have a whole bunch of other companies coming in as well, she said. Within two to three years of legislation being passed, Id expect to see malls dying from low foot traffic be repurposed.

With DFW International Airport being the second-busiest airport in the United States, it makes it easier for casino operators to attract out-of-town visitors, Feldman said.

Dont dismiss Dallas now, even internationally. Its a very important city, he said. Las Vegas Sands already has a spectacular proposal in New York where the Islanders used to play at a site thats no longer being used. This is the evolution of those kinds of interests in Texas.

But competing with gambling meccas like Las Vegas is a long time away, Brandt said.

Vegas has been the standard. Im sure there will be a honeymoon period like there was in New Jersey, he said. But Vegas has other entertainment options that are ancillary to the gambling.

Feldman said its not so much about challenging Vegas, but more about enhancing Dallas international profile.

People from Latin America, Canada, even Asia, might add Dallas to their list of places to visit, he said. The Mavericks already dont have a hard time selling a ticket, but it could be even better. People are going to say, Lets catch a Mavs game and we can stay right where the stadium is for the weekend.

Other local teams like the Stars, Cowboys and Rangers also could cash in on an increased international presence, he said.

Those [arenas and casinos] are proving to be enormously powerful economic generators. Its the reason that the Oakland Athletics are trying to move to Las Vegas, he said Theyre willing to tear down the existing casino in order to make way for a new major sports arena on top of other development, including a new resort hotel. So this model is proving enormously powerful.

Read the original here:

How Mark Cubans Mavs sale could push gambling expansion forward in Texas - The Dallas Morning News

Bet $5 on any event and get $200 in bonus bets. Receive a deposit match up to $500. Deposit match up to $1,000. You have likely seen at least one of these ads for online sportsbooks. Maybe youve even seen one today.

The sports gambling industry is on the rise after nearly four years of being legal in Michigan. From record profits and earnings by DraftKings and FanDuel in 2022 to companies such as ESPN creating their own sportsbooks, everyone wants to take advantage of the growing market. As the industry grows, the ads multiply. An increase in addiction and underage gambling will follow. The state of Michigan set the stage for this epidemic with bad legislation, but its not too late to change course.

New research from Northeastern University shows that advertisements for sports betting have been more effective than those for cigarettes. You could encounter an ad for Caesars Sportsbook on the side of the bus as you walk down the street. You likely saw an ad for DraftKings or FanDuel last time you spent a few hours scrolling through social media or watching television. They have become practically unavoidable. But it wasnt always like this. Before 2018, Nevada was the only state that allowed sports betting. Other states joined Nevada after the Supreme Court overturned the Sports Protection Act, with Michigan legalizing sports betting in 2019. Companies found creative ways to advertise their sites.

Many online sportsbooks offer free money for new users to place a bet on their platform. They also use promo or QR codes for promotions, enticing users to place a bet and get improved odds with better payoffs or no risk with their wager by giving away bonus bets. But when sportsbooks run these ads, they are being deceptive. Much of the free money and no-risk bets that companies such as FanDuel promise in their commercials are awarded through in-site credits that can only be redeemed if the user continues to place bets.

These advertisements aid the growing addiction and underage gambling problem that the nation is facing. Teens exposed to gambling face a higher rate of gambling addiction than adults. Children who are exposed to gambling are also four times more likely to engage in problem gambling later on. Advertisements for sports betting also become amplified online with the use of targeted ads. Individuals who showcase the potential for gambling are subject to more ads for the sportsbooks that want their business. It is with this that these companies knowingly cater to addiction-prone individuals by offering additional items to make users think theyll beat the odds.

The Michigan legislature cannot defer to the national level on this issue. The only notable attempt by the federal government to curb advertisements for sports betting came from U.S. Rep. Paul Tonko, D-N.Y., but his Betting on Our Future Act has not been passed yet. Future bills will likely meet the same fate, considering that lobbyists for the gambling industry spent more than $26 million in 2023 alone. As money is spent to promote the industry among members of the government, it is unlikely that restrictions will be put in place to slow it down. However this doesnt mean that action cannot be taken on a state level. If Congress wont stop advertisers from exploiting gambling addicts and minors, then the state of Michigan must.

Banning sports betting ads should not be a difficult decision. Much like the cigarette advertising ban in 1970, an outright ban on sports betting ads would be based on the idea that they cause more harm to users than good. Sportsbook ads are already required to present a disclaimer providing resources for gambling addicts. Harmful products such as cigarettes are banned from being advertised on TV and radio.

Michigan legislators must push aside the lobbyists and do whats right to protect their constituents from these extremely dangerous advertisements. Standing on the sideline watching as companies take advantage of people too young to gamble and those too addicted to stop is not an option. Its time for the government to step up and ban these predatory ads.

Thomas Muha is an Opinion Columnist. He writes about issues relating to social media and the internet. He can be reached at tmuha@umich.edu or on X @TJMooUM.

See the article here:

Michigan has a sports betting problem that needs a legal solution - The Michigan Daily

Oregon Secretary of State LaVonne Griffin-Valade this week released a new financial audit of the Oregon Lottery, the agency that provides the second largest pot of state funding after income taxes.

The new audit shows a second consecutive year of very robust revenues after a period in which the COVID-19 pandemic shut down the bars and taverns that provide most of the agencys income through nearly 11,000 video lottery terminals.

Heres how 2023s $1.678 billion in revenue (down a fraction of 1% from 2022) stacks up historically:

Historical Lottery Revenues

Video lottery revenues have boomed even though agency figures show there are 8.5% fewer machines across the state than there were a decade ago. Thats because people are playing video lottery more: Oregonians $395.66 per capita last year, versus $261.12 in 2014.

Within the numbers, there was actually a tiny decline in net video lottery revenue in 2023, although that game continues to produce about 70% of the agencys net revenue.

One significant change from last year: The numbers show that state revenue from sports betting jumped substantially and far more than budgeted: the state netted $55.3 million from sports bettors, a 72% increase from 2022. That net gain came from a gross total of $565.5 million bet on sports, which is 7.2% higher than the agency budgeted.

Although sports betting accounts for just a small fraction (3.3%) of total lottery sales last year, the agency is counting on young sports bettors to replace some the aging video lottery players over time.

Lottery spokesman Matt Shelby says the agency is pleased with the growth of its sports book, which since 2022 has been operated under a new contract with DraftKings.

We launched with Scoreboard [in 2019] and then switched to DraftKings, Shelby says. In effect, we started over. The player base is still maturing and sports betting is becoming much more mainstream.

Split of lottery sales by game.

The states reliance on gambling makes critics uncomfortable. Oregon is uniquely dependent on lottery tax revenue at the expense of our public health, says Kitty Martz, the executive director of the advocacy group Voices of Problem Gambling Recovery. We need to prevent further public health impact and get some legislation in place.

Martz and other critics have long pointed to the states conflicted position: through the Oregon Health Authority, the state provides mental health services, including funding to treat gambling addiction, as well as providing a variety of other services to families of those afflicted with a gambling addiction. Yet the Oregon Lottery is tasked with raising money for education, economic development, parks and other essential services.

The Lotterys cash has proven irresistible to lawmakers but Martz says it comes at a long-term, hidden cost. Lets look back at the onset of the opioid epidemic, she says. We later vilified big pharma, but where was legislative regulation? The lottery offers an addictive product, self-regulates, and is charged with maximizing profits. We need to better define how that serves the public good.

The audit also included a list of the top 10 video lottery purveyors in the stateand some historical context for how that has changed over time:

Top 10 retailers, 2023

Top 10 retailers, 2014.

Shelby says the enormous increase at the top of the list of lottery purveyors is attributable to a relatively new optioncouriers who buy and redeem lottery tickets for players living in other states and, in some cases, overseas.

All of the top four retailers are associated with a courier service, Shelby says. Its like DoorDash for lottery tickets.

Read the original post:

New Lottery Audit Shows Big Increase in Sports BettingBut Video ... - Willamette Week