Category Archives: Sports Betting

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

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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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

Jun 2, 2024; San Francisco, California, USA; San Francisco Giants designated hitter Jorge Soler (2) hits a single against the New York Yankees during the sixth inning at Oracle Park. Mandatory Credit: Darren Yamashita-USA TODAY Sports

The Arizona Diamondbacks host the San Francisco Giants on Monday night in a game between two squads who are surprised to be below .500 at this stage of the season. The Diamondbacks represented the National League in the World Series last year, but have struggled so far in 2024. The game is scheduled to start at 9:40 p.m. ET and can be seen on FS1.

Ryne Nelson has an ERA north of 6.00, so hes a safe bet to give up a few runs tonight. Nelson gave up 19 earned runs in 24.2 innings in May. Look for the Giants to hit him well. Meanwhile, Jorge Soler hasnt had a ton of experience against Nelson, but hes had multiple hits in each of his last 2 games, so hes hot right now. I like him to have 2+ total bases tonight as he smacks an extra-base hit against Nelson.

Arizonas offense has been solid this year, scoring 274 runs. The problem? The Diamondbacks have also given up exactly 274 runs. Meanwhile, the Giants have scored 257 runs while allowing 286. Basically, these two teams are not getting very good pitching this season, and it has hurt them as they fall below expectations through the first 2 months of the 2024 campaign.

Odds via bet365 as of June 3. Use bet365 bonus code SBDXLM to get $150 in bonus bets when you place an initial $5 wager today.

The Diamondbacks are slightly favored to win tonight, with -135 moneyline odds. The Giants are +115 on the moneyline. The run total is set at 9.0, with the over at -115 and the under at -105. If you think the Diamondbacks can win by 2+ runs, you can get +145 odds over at bet365.

As mentioned earlier in this article, it hasnt been a strong start to the year for Nelson. His ERA is high and his strikeout rate isnt great. Hes been getting hit hard so far this season, and I dont expect that to change tonight. The Giants lineup has only hit 54 home runs this year, good for 20th in the big leagues.

The Giants have lost 4 games in a row, including a 3-game weekend sweep by the Yankees. Theyll be putting out their A lineup most likely to try to snap that bad streak. So far this season, Nelson has been worse at home than he has been on the road, so thats a boost for the Giants offense.

If Soler can stay hot like he has been, he could power the Giants out of this mini-slump. First pitch is set for 9:40 p.m. ET and the game can be seen on FS1.

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Adam is an avid college sports fan, covering both football and basketball. During the summer months, he's all-in on MLB action, favoring pitcher strikeout parlays.

NFL NBA MLB Golf Soccer NCAAF NCAAB

Adam is an avid college sports fan, covering both football and basketball. During the summer months, he's all-in on MLB action, favoring pitcher strikeout parlays.

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Giants vs Diamondbacks Picks, Predictions & Starting Pitchers for June 3 - Sports Betting Dime

On March 2023 Fanatics Massachusetts Sportsbook launched in time for March Madness, and by the looks of it, this mobile app has become one of the top Massachusetts sports betting apps in the state.

You can now use the Fanatics Massachusetts offers new players a Bet $100, Get $100 For 10 Days, to bet on moneylines, spread bets, over/under, player props, and live in-game betting for NFL and any other sports you want to bet on.

Thus, we are going to tell you everything that we know about the Fanatics Sportsbook Massachusetts launch.

Earlier this year, Fanatics Massachusetts Sportsbook Launched its mobile sports betting app. Since it's a new player in the industry, the delay in the approval process wasn't unexpected.

According to Bookies.coms Bill Speros, who had been covering the Massachusetts sports betting launch, there were several reasons why the Fanatics Sportsbook Massachusetts launch hit a snag back in January.

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First, MGC commissioners were concerned about the lack of a responsible gaming plan from Fanatics Massachusetts.

According to the company, it has 2 million names in its Massachusetts database, but the concern is that it hadn't adequately shown how it would separate those who are under 21 years old from those who are 21 years old (sports betting in Massachusetts will only be legal for those 21 and over).

When that was cleared Fanatics Massachusetts Sportsbook went live and became a big player in the state of Massachusetts.

It is easy to sign up for the Fanatics Sportsbook promo code. Just follow these simple steps:

If what you want is to refer a friend, you can find your fanatics refer-a-friend link by accessing your account and proceeding to the Refer a Friend

Up to $1,500 in Bonus Bets if Your First Bet Loses Promo Code: BOOKIES

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, KY, LA, MD, MS, NC, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

There are betting odds available daily from the top sportsbooks for all of your favorite sports including the NBA, MLB, NHL, UFC, soccer, tennis, and much more. Here are my favorite best bets for tonight's games:

For Mondays best bets, take theDetroit Tigers -1.5over the Texas Rangers. The Tigers have the better pitcher on the mound in Tarik Skubal, so take them to win this game on the spread as a favorite. Also, take theHouston Astros -1.5over the St. Louis Cardinals. The Astros have legendary pitcher Justin Verlander on the bump and he should be able to help the Astros cruise to a win here, so take them on the spread for the victory.

Up to $1,500 in Bonus Bets if Your First Bet Loses Promo Code: BOOKIES

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, KY, LA, MD, MS, NC, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

Fanatics Massachusetts went live earlier this year, but before we need to talk about the history of the company before it even became a sportsbook.

Back in 1995, Alan and Mitchell Trager of Jacksonville founded Fanatics Inc. as a sports retail company, which later expanded into the online world. Then, in 2011, Michael Rubin and GSI Commerce bought Fanatics Inc. for $171 million in cash and $106 million in GSI Commerce common stock.

A year after that, Rubin bought Fanatics Inc. from eBay for $2.4 billion. Rubin decided to bring back the online Fanatics Inc. store, and since then, it has become by far the biggest sports merchandising company in North America. If you buy a sports jersey, its likely made by Fanatics Inc. However, Rubins vision doesnt stop at just a clothing company.

Rubin has been a staple of the sports industry for years. He used to be an exclusive for both the NBAs Philadelphia 76ers and the NHLs New Jersey Devils, so his name is fully entrenched in the North American sports scene.

However, he sold his stakes in those entities when he decided that he would be launching Fanatics Sportsbook so there was no conflict of interest. In addition to Rubin being part of the Fanatics team, he also hired former FanDuel CEO Matt King to help with the launch, which should give Fanatics a foot up on its competition.

In 2021, Rubin first announced his intentions to launch Fanatics Sportsbook, and he even brought in hip-hop recording star Jay-Z as the Fanatics vice chairman, which is a big deal.

Fanatics Sportsbook then applied for a license in New York but did not get it when sports betting in that state launched. Sometime after that, in May 2022, the Fanatics Sportsbook trademark was filed, showing that the sportsbook was on the way.

The company was approved and launched in both Ohio and in Maryland. Shortly after, Fanatics was approved in Massachusetts.

In Ohio, Fanatics Ohio has partnered with the NHLs Columbus Blue Jackets, while in Maryland, Fanatics Maryland has partnered with the NFLs Washington Commanders and its home stadium, FedEx Field, where it has plans for both a retail and online platform.

Once live, Fanatics Sportsbook became a contender of sports betting apps in Massachusetts.

Up to $1,500 in Bonus Bets if Your First Bet Loses Promo Code: BOOKIES

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, KY, LA, MD, MS, NC, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

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Fanatics Sportsbook Massachusetts Promo Code: Bet And Get Up To $1K In Bonuses For June 3rd, 2024 - Bookies.com

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Sports betting roundup: Celtics open as NBA Finals favorites, Panthers narrow picks for Stanley Cup - Bozeman Daily Chronicle

Illinois online sports betting landscape faces upheaval as major players like FanDuel and DraftKings confront the repercussions of a significant tax increase. Governor J.B. Pritzker defends the move, asserting the states right to a larger share of the booming $1 billion industry.

Navigating tax turbulence:

The Illinois General Assemblys approval of a graduated tax system has sent shockwaves through the online sports betting sector.FanDuelandDraftKings, giants in the industry, are bracing themselves for a substantial increase in taxation, with rates soaring to a staggering 40%, up from the previous 15% flat rate. This development has prompted both companies to reassess their operations within the state, sparking debate over the fairness of the tax hike.

Governor Pritzkerstands firm on the states decision, emphasizing the need for online sports betting companies to contribute theirfair shareto Illinois revenue stream. While FanDuel and DraftKings express concerns over the financial implications of the tax hike, experts caution against overestimating the likelihood of these companies pulling out of the lucrativeIllinois market.

According to The Chicago Sun-Times, Victor Matheson, an economics professor at the College of the Holy Cross, dismisses the notion of FanDuel and DraftKings abandoning Illinois as a mere bluff. He argues that the companies, having amassed substantial profits, should bear the responsibility of contributing to the states coffers. Despite initial stock price dips in response to the tax increase, the long-term impact on the companies operations remains uncertain.

Legislative battles:

TheSports Betting Alliance, comprising lobbyists from major oddsmakers like DraftKings and FanDuel, mounted significant opposition against the proposed tax hike during Illinois legislative session. The measure, part of Governor Pritzkers budget plan, faced resistance from Republican lawmakers and some Democrats concerned about its potential adverse effects on the industry.

Under the newly approved tax system, sportsbooks will be subject to a tiered taxation scheme based on their revenue. The highest tax bracket, at 40%, applies to earningsbeyond $200 million. This structure disproportionately affects FanDuel and DraftKings, the only sportsbooks in Illinois to surpass the$100 millionrevenue mark last year.

Jeremy Kudon, president of the Sports Betting Alliance, decries the tax hike as detrimental to operators investments andjob creation efforts in Illinois, stating:

This tax hike doesnt just threaten the legal, regulated sports betting market it will have devastating effects for operators in-state partners, including the most vulnerable downstate casinos, who rely on sports betting revenue to create jobs and invest in communities,

Despite industry pushback, Governor Pritzkers office defends the graduated tax system as essential for ensuring corporations contribute equitably to Illinois fiscal well-being.

As Illinois grapples with theaftermath of the tax increase, stakeholders await further developments in the evolving landscape of online sports betting. While tensions between the state and industry leaders persist, the ultimate impact on Illinois sports betting market remains uncertain. As the debate continues, Governor Pritzkers administration remains steadfast in its commitment to securing a fair deal for Illinois taxpayers.

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Tax Hike Rattles Leaders in Illinois Sports Betting Industry - World Casino Directory

Major League Baseball is facing another potential gambling controversy.

Months after Shohei Ohtanis longtime interpreter was charged with stealing $16 million from the Dodgers superstar to pay off sports gambling debts, MLB is investigating injured Padres infielder Tucupita Marcano for violating baseballs gambling policy with the possibility of a lifetime ban, according to a report Monday by the Wall Street Journal.

The 24-year-old Marcano has been accused of betting on games involving the Pirates, his former team, while he was on the injured list with Pittsburgh last season. The Venezuela native was claimed off waivers by the Padres in the offseason, but he hasnt played since last July due to a torn ACL.

Four other players also are facing possible disciplinary action for betting on baseball while in the minor leagues, according to the report.

Marcano declined comment to the Journal through his representative, as did MLB and the MLB Players Association.

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 told the outlet in a statement. We will not have any further comment until the investigative process has been completed.

The NBA banned Raptors forward Jontay Porter in April for violating that leagues gambling policy, specifically for providing inside information to bettors and limiting his own playing time for betting purposes.

After Ohtanis former interpreter, Ippei Mizuhara, reached an agreement to plead guilty last month, it was reported that MLB also is investigating Angels infielder David Fletcher, Ohtanis former teammate, for allegedly betting on sports with the same illegal bookmaker.

Pete Rose received a lifetime ban in 1989 after he was found to have placed bets on the Reds to win from 1985-87 while playing for and managing the team.

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Padres' Tucupita Marcano facing lifetime MLB ban after allegedly betting on Pirates games while with team - New York Post

June 4, 2023; Dublin, Ohio, USA; Viktor Hovland waits to putt on eight during the final round of the Memorial Tournament at Muirfield Village Golf Club.

A major-caliber field heads to Muirfield Village Golf Club in Dublin, Ohio, this week for the 2024 Memorial Tournament, which has a total purse of $20 million.

All of the top-six players in the Official World Golf Rankings are in this weeks field including defending champion and world #5 Viktor Hovland but its world #1 Scottie Scheffler who continues to sit a cut above the rest in the 2024 Memorial Tournament odds.

Scheffler is listed at just +360 to win, which has an implied win probability of 21.74%. McIlroy is the second-favorite at +800 with Schauffele third at +900 and Morikawa fourth at +1400. A pair of Scandinavians are tied for fifth-favorite: Norwegian Viktor Hovland and Swede Ludvig Aberg are both at +1800.

Odds as of June 3 at DraftKings Sportsbook. Lock in this DraftKings sign-up bonus before betting on the Memorial Tournament this week.

The run Scottie Scheffler is on at the moment is the best on the PGA Tour since prime Tiger Woods. The world #1 is coming off a T2 at the Charles Schwab Challenge two weeks ago, histenth straighttop-ten finish. His current run includes four victories and another three top-three finishes. While Xander Schauffele is doing his best to close the distance, the gap between Scheffler and everyone else in terms of Strokes Gained (SG) is massive. Scheffler is currently at 2.842 while Schauffele is second at 2.265, a difference of 0.577.

At the end of last season, Scheffler was first in SG at 2.314 while McIlroy was second at 2.102 (a difference of just .212).

And the gap between second-ranked Schauffele and third-ranked McIlroy is almost as big (0.542), meaning the gap between Scheffler and everyonenot namedXander Schauffele is over one full stroke, which is an insane distance at this stage of the season.

Scheffler also has a strong history at the Memorial. He finished third at Muirfield in each of his last two starts (2023 and 2021) and was T22 in his only other start back in 2020.

The #2 ranked player in the world, Xander Schauffele won his last start at the PGA Championship two weeks ago, which was also his fifth top-ten finish in his last six starts.

Schauffeles history at Muirfield is solid but notspectacular.Since missing the cut in his first appearance in 2018, he has recorded five straight top-25 finishes in the last five years, but zero top tens. His best finish at the Memorial was a T11 back in 2021. He was T24 here last year.

While Viktor Hovland is getting a lot of love from oddsmakers as the defending champ and the #5 player in the world, his 2024 campaign has paled in comparison to what he accomplished last year. The 26-year-old Norwegian didnt finish better than T19 in any of his first seven starts (including one missed cut) before claiming third at the PGA Championship two weeks ago.

He currently sits just 46th on tour in overall Strokes Gained (0.534) after finishing last season in eighth (1.648).

Hovland didnt finish better than T47 in any of his other three appearances at Muirfield.

Once the H2H props come out, I will be looking to fade Hovland depending whom hes up against. For now, I have top finishing-position picks for Scheffler and Schauffele, the clear top-two in the world at the moment.

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Sascha was a hockey player in his youth, a lawyer in his capricious mid-20s, and has been with SBD since 2014. He specializes in football, basketball, politics, baseball, and hockey.

NFL NBA MLB NHL NCAAF NCAAB Politics Tennis MMA Sportsbooks Gambling

Sascha was a hockey player in his youth, a lawyer in his capricious mid-20s, and has been with SBD since 2014. He specializes in football, basketball, politics, baseball, and hockey.

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Memorial Tournament Odds, Predictions, Picks & H2H Best Bets - Sports Betting Dime

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