Category Archives: Sports Betting

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When Ohio is expected to start sports betting, Cavaliers hire Luke Walton as assistant coach, and more: 3News Now with Stephanie Haney - WKYC.com

New Jersey sports betting will be down a sportsbook during Memorial Day weekend as PointsBet deals with an outage.

PointsBet will be unavailable to the New Jersey sports betting market until Monday. A company spokesperson confirmed the weekend-long outage Friday afternoon.

The spokesperson also confirmed the issue is confined to New Jersey only and does not affect other states. The company did not provide any additional details regarding the situation.

PointsBet tweeted about the outage Friday afternoon:

Unfortunately, PointsBets app will be unavailable in New Jersey until Monday. Please reach out to [emailprotected] if you have any further questions. We apologize for the inconvenience.

An error message in the app said the companys technology teams are working diligently to restore services. Memorial Day weekend sports events include the NBA and NHL playoffs, MLB regular season, French Open tennis tournament, and the PGA Tours Charles Schwab Challenge.

Including PointsBet, there are 23sportsbooks in the New Jersey market. In April, those sportsbooks handled $926.9 million, a 23.9%jump from April 2021.

The year-over-year handle growth comes despite New York launching its mobile sports betting market. New York sportsbooks took $1.39 billion in wagers during April.

PointsBet is licensed through the Meadowlands. The Meadowlands partners which also include FanDuel and SuperBook led the state with $33.3 million in April sports betting revenue, or 66.2% of the total reported in New Jersey.

PointsBet launched its NJ sportsbook in January 2019,and it was the Australian sportsbook operators first US sports betting market. The sportsbook is now licensed in 10 states and Ontario.

During the companys most recent quarterly earnings call, PointsBet reported a $577.2 million US handle. The total was up 70% compared to the same quarter in 2021.

The operator is eyeing launches in at least four more states, including:

See more here:

PointsBet To Be Down This Weekend In NJ Sports Betting Market - Legal Sports Report

Credit:

Kevin Abele/Icon Sportswire via Getty Images. Pictured: Browns RBs Kareem Hunt and Nick Chubb

Updated:

Jun 01, 2022, 10:54 AM EDT

Ohio sports betting apps and in-person locations will go live Jan. 1, 2023, the Ohio Casino Control Commission announced Wednesday.

It follows the commissions announcement earlier this month that legal betting would start close to or around the states self-imposed Jan. 1, 2023 deadline.

This means the state will miss out on betting taxes during most of the NFL season, though it will be online in time for the Super Bowl one of the biggest betting days of the year.

Ohio legalized sports betting in 2021, when Gov. Mike DeWine signed off on a bill to allow up to 46 different online betting operators under a 10% tax.It also allows for physical bets at casinos, racinos and professional sports arenas. Restaurants and bars may also install betting kiosks.

The application period begins June 15.

Fubo Gaming and Bally Bet have already partnered with the Cleveland Cavaliers and Cleveland Brownsand are expected to run sportsbooks in the state. Additional operators will be announced in the coming months.

Prospective applicants must give the commission responsible gaming plans, geolocation procedures and equipment testing procedures by November 2 (60 days before the start date).

Every operator with a license will be able to launch at once, making it the largest simultaneous gaming launch in U.S. history, according to the commission.

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Ohio Sports Betting to Start Jan. 1, 2023 - The Action Network

Just objectively speaking, the funniest moment of the 2022 MLB season was when San Francisco Giants outfielder Joc Pederson said, in relaying a relevant backstory to reporters: He kind of came up and said, You remember from last year? and I said, Fantasy football? and he said Yeah.

The he in question is Cincinnati Reds outfielder Tommy Pham. The context is that Pham literally slapped Pederson across the face on the field before a game Friday night, in plain view of other players and, apparently, at least one camera. During an ensuing rain delay, Pham was scratched from the lineup and reports began to emerge tracing the animosity to a shared fantasy football league.

After the game, Pederson confirmed that bizarre report and proceeded to offer more detail than any athlete has willingly divulged. In a group chat for a fantasy football league populated by MLB players, Pham had accused Pederson of cheating by stashing an injured player on his bench. Screenshots of the rules were exchanged. Theres been no contact outside the group chat since. On Saturday, Pham did not dispute the version of events in which he physically accosted another player over a fantasy football dispute, but added that Pederson had also disparaged the San Diego Padres, for whom Pham played at the time. MLB issued a three-game suspension and a fine for "inappropriate conduct, which Pham accepted without appeal. Pederson, committed to giving the people even more of what they didnt know they wanted, fleshed out the story further, reading from the text exchange and showing reporters the exact meme used to mock the Padres last-season struggles.

And seriously even though Im about to reveal myself as a humorless scold I cant recommend those postgame Pederson videos enough for pure entertainment value.

The entire scandal is inarguably ridiculous. But but in Phams utter lack of denial was an explanation thats hard to ignore.

We had too much money on the line, so I look at it like there's a code, he said. You're fing with my money, then you're going to say some disrespectful s; there's a code to this."

Story continues

Money is not funny. Maybe it is in the context of fantastically wealthy professional athletes bickering about old fantasy football beef; but unfortunately it is not outrageous to imagine financially motivated violence. Thats the plot of plenty of movies and also much of human history.

And thats the thing about sports gambling its all fun and games until someone stands to lose too much money. It may have been largely recreational to Pederson. But to Pham who called himself a big dog in Vegas and a high roller at many casinos the economics, and ego, of successful betting was clearly part of it.

Last summer, Sports Illustrated dedicated an issue of the magazine to the many ramifications of legalized sports betting. One piece in particular considered the new kind of vitriol players could be exposed to once their actions start to impact fans finances.

When you have money involved, theres always going to be anger, Green Bay Packers receiver Marquez Valdes-Scantling said. Imagine losing $5,000 and having the access to throw something at me.

He was reacting to the digital hate mail received in response to how his on-field performance affects the fantasy landscape. The rest of the piece details concerns about player safety amidst the booming business of sports betting in the wake of the 2018 Supreme Court decision to reverse a federal ban on state-sanctioned gambling. Experts recommend digital sportsbooks invest in anti-gambling addiction organizations, like they do in countries where the practice has long been legal and that leagues invest in increased security.

The relationship between betting and baseball seems destined to go in only one direction now that teams and leagues can legally affiliate themselves with a multibillion-dollar-per-month industry. Along with incessant in-game commercials and eyebrow-raising endorsements, there has been plenty of hand-wringing about the integrity of the game and some nonsensical accusations of hypocrisy by Pete Rose. That discussion of betting on baseball evokes references to Rose and the Black Sox makes sense, but there doesnt have to be a cheating scandal for gambling on games to get ugly. The money thats definitionally on the line does plenty to heighten the stakes. And someone always loses.

Tommy Pham was suspended three games after slapping Joc Pederson over a fantasy football disagreement. (Photo by Denis Poroy/Getty Images)

Admittedly, the Pederson-Pham kerfuffle is an imperfect illustration of this particular unsavory side of sports betting. Fantasy sports were legal even before the 2018 ruling, Pham is not a disgruntled fan, and his frustration was not directed at Pedersons own athletic performance. And besides its not necessary to rely on a reach: A year ago, a prolific young gambler was sentenced to 36 months of probation for sending threats to hundreds of athletes and their family members. Several Tampa Bay Rays players received messages that included "I will sever your neck open you pathetic [expletive]" and "I will kill your entire family.

The Pham slap seems inherently silly because it stemmed from a game, a buffoonish overreaction to the kind of pastime you only take too seriously as some sort of comedic bit. Except this whole business is a game, of course. Its the money that makes it serious, losing a lot makes people mad no matter the method. The fantasy football player and the injured one he replaced that Pham and Pederson clashed over is a real athlete, just like they are.

Violence isnt the answer, as Pederson said, and harassing players is always wrong. But its not hard to see whats coming as audiences are encouraged to intertwine more and more of their finite funds with sports outcomes. In-game betting figures to monetize each at-bat, allowing small, otherwise inconsequential, aspects of a game to carry life-altering stakes for anonymous observers. Its a fraught crucible.

Its fine to laugh at the patently absurd manifestation as it plays out like a real-time oral history. But consider how, absent any context, We had too much money on the line looks a lot more ominous.

Read more:

Joc Pedersons and Tommy Phams fantasy football beef is hilarious and a reminder sports betting isnt only fun and games - Yahoo Sports

SBCannounced Tuesday that theupcomingBetting on Sports Europe 2022(BOSE)event, which is going to be heldatTwickenham Stadium, London, onJune 7-9, will examine the future of the betting industry, in both established and newly regulated markets across Europe. The FIFA World Cup and the changing face of the markets for golf, tennis, horse racing, and esports are among the topics set to be scrutinized by some of the industry experts at next week's conference and exhibition.

One of the most immediate challenges facing sportsbook operators is how to make the most of the opportunities presented by November's World Cup. Betting on Sports Europe features a full-day 'Road to Qatar' track that will examine both promotional strategies for the winter tournament and how to handle the operational issues it will bring.

Delegates will hear from specialists from many of Europe's betting brands as they discuss how to approach global sport's biggest event. Speakers includeMyke Foster(Head of Sportsbook Proposition, Entain),Cian Keating(Head of Football - Risk and Price Management, Paddy Power Betfair),Eoin Ryan(Director of Sportsbook, BetVictor),James McKay(Sportsbook Director, Virgin Bet) andDan Levy(VP Commercial and Communications, Smarkets).

The event will also feature sessions about integrity in tennis, the potential of in-play in golf, and how to take horse racing to a new audience.The speakers includeNick Iliffe(Director of Intelligence, International Tennis Integrity Agency),William Woodhams(CEO, Fitzdares),Isabel Hale(Head of North Division International, Catena Media),Aidan Barry(Head of Racing and Sports, Paddy Power),Rob Blakeley(Head of Sports Trading, Sky Betting & Gaming),Sam Farley(Sportsbook Marketing Manager - US Sports & Tennis, Unibet),Ludovico Calvi(President, GLMS),Alex Kornilov(CEO, Betegy) andEireann Kelly(Product Director, IMG Arena).

Furthermore, sportsbooks will be catered for a full day Betting on esports track, which will provide insights on topics including the different approaches required for the different types of games, how to cross-sell traditional sports and esports, the development of an integrity ecosystem, and investment opportunities.

The expert speaker line-up featuresThomas Rosander(CEO, Luckbox),Rohini Sardana(Director of Business Development, Pinnacle),Ian Smith(Commissioner, Esports Integrity Commission),Temur Mikeladze(Chairman, Crocobet),Gilles Maillet(Director of Sports Integrity, FDJ),Flavien Guillocheau(Founder and CEO, PandaScore),Vlastimil Venclik(CEO, Oddin.gg),Jakob Lund Kristensen(Founder & CRO, Astralis) andPaul Witten(Commercial Director, SIS).

Rasmus Sojmark, Founder and CEO of event organizer SBC, said: "2022 is an important year for the sports betting industry in Europe and the conference agenda for our London event reflects that. We have lots of content on this year's biggest sporting occasions, but are also looking to the developments shaping the long-term future of the industry, with insights and ideas from some of the people directly influencing those developments."

Additionally, the conference agenda features tracks dedicated to industry leadership, product innovations, payments technology, regulatory developments in European markets, integrity and player protection, and marketing strategies.

Delegates attending the event will also have access to an exhibitionin which leading sportsbook suppliers will be showcasing their latest innovations, along with a program of evening networking events in memorable venues.

Read more from the original source:

Betting on Sports Europe to analyze wagering on FIFA World Cup, esports, and the future of newly regulated markets - Yogonet International

Dorothy might have left Kansas on her trip to Oz, but if she enjoys sports betting, she is going to want to get back soon.

In 1918, a survey crew determined that Lebanon, Kan., is the geographic center of the contiguous United States. So if you have not been, the time to visit Kansas is coming.

Things are about to get even more interesting, as Kansass legalization of sports betting is fortuitously timed. In an era where more than 30 states have legalized sports betting, it is weird to see regulated sports betting deserts, but there is a mobile betting desert surrounding Kansas on three sides.

Following the signature of Governor Laura Kelly, Kansans will be allowed to bet online (as well as at the states four commercial casinos and tribal properties that renegotiate or negotiate new compacts) sometime in the relatively near future.

There is actually potential that Kansas revenue projections have come in on the low end. Given the lack of access to regulated sports betting in surrounding states, the gas stations, strip malls, and truck stops could become Kansass very own Las Vegas Boulevard. Only instead of glitzy hotels and showgirls, there are people in cars on cell phones throwing back chili dogs.

Personally, Ill be betting from N & J Cafe and Bakery parking lot in Wichita after enjoying phenomenal Mediterraneanfood.

Kelly signed SB 84 allowing sports betting in the Sunflower State, and we also got some insight on potential launch dates. Regulators told LSR that a fall launch is a possibility, though that would be a fast timeline.

The details of the KS sports betting law appear pretty good for operators. Those hoping to get into the market will need a Kansas-based partner but will have a very manageable 10% tax rate.

Bettors will need to be 21 years old. Getting into the market means partnering with a casino, but the bill allows for kiosks in professional sports facilities, as well as 50 partnerships with Kansas businesses, of which 10 must be non-profits.

Firstly, Kansas has incredibly reasonable projections for tax revenue from sports betting, estimating that legalization will bring in between $1 and $5 million, a far cry from the gold-plated fire hydrant projections coming from most states.

The Kansas Reflector also details that books are projected to do between $9 and $45 million in revenue.

While Kansas has modest revenue projections, the plan is to devote 80% of the revenue to bringing a professional sports team to Kansas.

While legal mobile betting is likely going to be welcomed by Kansans, it might actually be as big of a hit with bettors in neighboring states.

Both Missouri and Oklahoma failed to make any significant movement legalizing sports betting this year, again. Nebraska to the north legalized in-person wagering. But not allowing for mobile betting meaning that for large segments of the population, it might be more convenient to just head down Highway 77 to the other side of the state line that is, if they ever launch in-person betting.

While Kansas has a population of just about 3 million, Oklahoma has closer to 4 million people, Missouri has more than 6 million, and Nebraska has a population of just under 2 million.

The Kansas market could become quite popular for bettors in neighboring states.

Everyone knows Kansas Citys proximity from Missouri, it is in the name, Tulsa is also under an hour from the Kansas border.

It is quite possible that gas stations and truck stops all along the Kansas border could experience New Yorks George Washington Bridge experience of bettors making a short turnaround trip to place a few bets, then go home.

Bettors in Nebraska, Missouri, and Oklahoma would undoubtedly prefer to stay home and bet legally from the comfort of their own couches, but those plans appear to be distant dreams at the moment.

For what feels like the fourth year in a row, Missouri had way too many cooks in the kitchen to get a deal done. In the end, a deal was reached in the House, but three proposals all proved unworkable in the Senate.

Back in January and February, Oklahomans were excited about the prospect of sports betting in the Sooner State, despite some incredibly rainbow-and-unicorn level of economic impact projections. Legislation had a vocal champion in Ponca City (just south of the Kansas border) representative Ken Luttrell. But the bill died with very little attention.

As for Nebraska, we are coming up on a year since Governor Pete Ricketts signed a law allowing betting at the states racetracks and racinos, as well as on tribal lands located within the state. While the state promised to revisit mobile betting in the future, it seems unlikely that we see any movement there for some time.

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Opinion: Welcome To Kansas, The New Las Vegas Of Sports Betting - Legal Sports Report

After an exciting turn of events, regulated California online sports betting could become a reality sooner rather than later. On May 3, 2022, the political committee behind the proposed California Solutions for Homelessness and Mental Health Act referendum announced that it had amassed 1.6 million signatures in hopes of getting online sports betting legislation on the ballot in November. The committees May 3rd deadline originally called for a minimum of 997,139 signatures and after nearly doubling its target, the 1.6 million acquired have since been passed on to the California Secretary of States Office for further approval.

The proposal, which is backed by some of the industrys biggest commercial operators, would tax all sports betting revenue at 10% and includes a whopping $100 million application fee along with a requirement that each applicant is already licensed in 10+ other states. If verified, it would become the second proposal to reach the ballot, and is considered complementary to the states already approved tribal-only proposal that would allow retail sports betting at Californias various tribal casinos and four horse tracks.

Now that the wheels are finally in motion, legal sports betting may finally be on its way to the most populous state in the nation. With more than 39 million residents, nearly 10 million more than the next state, the sports betting market in California would dominate the industry right out of the gate.

Follow along here for any and all updates regarding the ongoing legislative battle for California sports betting, including potential operators, rules and restrictions, and other details surrounding the proposed legal market.

While sports betting in California is not legal yet, there are still a variety of exciting platforms offering fun alternatives. Specializing in pickem games, over/unders, and player props, the following operators offer excellent options that are legal for California players right now.

The first post-PASPA discussions involving a potential legalization of sports betting in California began in May 2018, immediately after the Supreme Court ruled in favor of New Jersey in the famous Murphy v NCAA court case that eventually led to the nationwide legalization of sports betting.

Prior to the abolishment of PASPA, California Assemblyman Adam Gray had been patiently waiting for the opportunity to pursue sports betting in the Golden State. Gray actually introduced a Constitutional Amendment, ACA 18, one year prior in July 2017, but with PASPA still in effect at the time, he viewed the proposal as nothing more than a placeholder that would be used to buy time until the Supreme Courts impending decision. The amendment would allow sports betting in California under the discretion of the state assembly and if passed, would be voted on at the states November election.

Following the official abolishment of PASPA on May 14, 2018, Gray instantly jumped at the chance to start moving on California sports betting legalization, claiming that the ball is in our court. He reintroduced ACA 18 after the ban was axed, but once again to no avail.

About one month later in June 2018, political consultant Russell Lowery filed a request with the states attorney general in hopes of getting legalized sports betting on the 2020 ballot. The proposal was known as the Gaming Fairness and Accountability Act and was even advertised on social media by Lowery under the moniker Californians for Sports Betting. Again, no dice.

The first sign of a major breakthrough for California sports betting came on June 27, 2019 when a pair of coinciding sports betting bills were proposed by Gray and Senator Bill Dodd. Grays third proposal, this time known as ACA 16, would authorize the Legislature by statute to authorize and provide for the regulation of sports wagering and require the support of two-thirds of the state legislature in order to make the November 2020 ballot. Dodds matching bill, The California Sports Wagering and Consumer Protection Act,would be dubbed SCA 6.

Nearly four months later on November 14, 2019, it was announced that at least 18 Californian tribes collaborated to file a petition referred to as the California Sports Wagering Regulation and Unlawful Gambling Enforcement Act, an attempt to get sports betting on the ballot without having to go through the state general assembly. The proposal included a 10% tax rate, a clause that would prevent bettors from wagering on in-state college teams, and zero mention of mobile sports betting, as the tribes were simply pushing for retail wagering at their brick-and-mortar casinos. In order to make the ballot, the proposal would require nearly one million signatures by June 25, 2020.

The states first sports betting hearing of the new year took place in early January and featured an emphasis on making sure that any new proposals include statewide mobile betting. At the same time, various potential operators proposed low taxes and fees, while representatives from the professional leagues pushed for a data mandate. The hearings curiously lacked a tribal representative.

A few weeks later on January 22, Californias tribes were officially given the green light to begin collecting signatures after the state published and titled their proposed ballot initiative. Unfortunately for them, the COVID-19 pandemic forced a statewide lockdown during the timeframe they were expected to collect the signatures and as a result, the tribes fell short of their goal.

A few months later in June 2020, the states tribal leaders decided to sue the state of California in hopes of getting their deadline to acquire 1 million signatures extended. The tribes ended up winning the case and were ultimately granted the requested extension. As a result, the tribes would now have until October 12th to get it done.

Around the same time, it was made known that Senator Dodd would officially be pulling SCA 6 from consideration, citing the COVID-19 pandemic, legislative deadlines, and most importantly the tribal opposition as to why it likely wasnt going to happen in 2020.

After another wave of COVID-19 restrictions once again halted the tribes from meeting their goal, the California Superior Court granted a second extension for the tribes to collect 1 million signatures. This time around, the tribes would need to meet a deadline of December 14th.

By the end of December, it was revealed that the tribes had officially submitted 1.4 million signatures to the Secretary of State for their ballot initiative, which would appear on the November 2022 ballot if approved.

By May 2021, it was officially confirmed by the Secretary of State that the tribes had collected 1,062,880 valid signatures, surpassing their goal by more than 60,000 submissions. The Coalition to Authorize Regulated Sports Wagering, the tribal group behind the ballot-ready California Sports Wagering Regulation and Unlawful Gambling Enforcement Act, appeared to have finally reached their breakthrough.

In August 2021, the cities of Colma, Gardena, Inglewood, and San Jose banded together to file a ballot initiative that would allow statewide mobile wagering on top of retail betting at the states tribal casinos, horse tracks, card rooms, and even professional sports venues. The initiative, which was essentially an attempt to block the tribes from forming a sports betting monopoly in California, would require at least 997,139 signatures by April 2022 to gain approval for the November ballot. Among the proposals details were a whopping 25% tax rate for any and all future operators, a $5 million application fee, and a bi-annual licensing fee of $1 million.

Later that month, a third initiative was filed by three of the nations most notable sports betting brands in BetMGM, DraftKings, and FanDuel. Aside from those three, the proposal was also backed by Ballys, Fanatics, Penn National/Barstool Sportsbook, and WynnBET. The initiative, known as the California Solutions to Homelessness and Mental Health Support Act, would need at least 997,139 signatures in order to get on the ballot. On top of that, any initiatives that wish to appear on the November 2022 ballot would need to be qualified by the Secretary of State no later than June 30, 2022.

The proposal included a staggering $100 million initial fee for big-name operators, which would cover the brands first five years in California. Tribes on the other hand, would only be required to pay $10 million upfront if entering the industry without any partners. Commercial operators would be subject to a $10 million annual renewal fee, while the tribes would need to ante up $1 million per year. In order to apply, any commercial operator must already offer digital sports betting in at least 10 other states, leaving little room for smaller brands to compete. Lastly, under this proposal, tribes would be permitted to offer mobile sports betting through a back-end operator.

In October 2021, in an effort to get the states tribes on board with the California Solutions to Homelessness and Mental Health Support Act, the supergroup of betting brands offered up an amended version of the initiative tailored to the tribes concerns. The proposals wording was slightly altered to confirm that it would be the commercial operators, not the tribes, that would have to pay taxes on all sports betting revenue. Furthermore, any non-tribal entities would be required to partner with one of the tribes in order to acquire market access in California.

Later that month, after weeks of silence and the assumption that the amended version of the initiative was being considered by the tribes, a press release came out voicing their opposition. They felt that the operators proposal would undermine tribal rights and self-sufficiency, while exposing Californians to major new risks. As a result, three of the states more sizable tribes would come together and craft plans for a fourth mobile wagering initiative that would surface on October 29, 2021.

The proposal, which reached the mainstream media on the same day that 43 tribes voiced their concerns about previous proposals from the commercial operators and local card rooms, called for statewide mobile gaming with the caveat that all users would need to register in-person. It even offered a possible launch date of September 1, 2023 and would allow for both retail sports betting and the addition of several table games at in-state casinos. The main goal behind this proposal was to simply protect the tribes and ensure that they have control over when, where, and how Californians can legally bet on sports.

On December 21, 2021, Hollywood Park Casino and Cal-Pac Rancho Cordova, two card rooms in the state, decided to sue the California Secretary of State claiming that a tribal initiative should be illegal because it deals with multiple subjects. According to the states constitution, An initiative measure embracing more than one subject may not be submitted to the elector or have any effect. The card rooms claim was backed by the idea that the tribes were using the ongoing sports betting debate to attach other unnecessary items into a potential initiative, thus making their efforts illegal.

On March 23, 2022, organizations from various Californian cities, some featuring card rooms, publicly voiced their opposition to the tribal sports betting initiative set to appear on the November 2022 ballot. The group didnt mince words when describing the tribes plans, labeling the initiative the only sports betting measure being contemplated for the November 2022 ballot that harms local communities.

The organization went on to claim that the initiative exploits the Private Attorneys General Act, opening the floodgates for frivolous lawsuits that will harm city revenues that fund vital city services such as roads, schools, homelessness services, and fire protection.

One of the tribal groups in support of the initiative, The Coalition for Safe, Responsible Gaming, did not hesitate to clap back. The tribal group called out card rooms for their shady history, stating that they have one of the worst if not worst records of noncompliance in the United States with gambling laws, including those designed to guard against crimes like money laundering.

In late April, tribal leaders at the 2022 National Indian Gaming Association Conference made it clear that theyd rather see their own initiative fail before allowing commercial operators to seize control of the California sports betting market. The tribes do want mobile wagering in the state and are willing to work with the operators, but both timing and control, along with the protection of their sovereignty, are all critical factors currently swaying their stance.

On May 3, 2022, much to the dismay of the states tribes, the committee behind the California Solutions for Homelessness and Mental Health Act announced that it has amassed 1.6 million signatures for the proposal, shattering its goal of at least 997K. The signatures have since been passed on to the California Secretary of States Office for approval and if everything checks out, the act could end up being the second proposal to reach the ballot.

Unsurprisingly, a group of Californias tribal nations immediately voiced their displeasure after hearing the news. Mark Macarro, chairman of the Pechanga Tribe, even announced that his group is willing to spend up to $250 million on campaigns to halt the California Solutions for Homelessness and Mental Health Act. Another group, led by San Manuel, is also willing to contribute $100 million to the cause.

Multiple tribes have since taken out television ads to plead their case to locals, highlighting their rich history in the state and painting the commercial operators in a negative light. It remains to be seen what exactly is going to happen from here on out, but prepare for this heated battle to continue in the next few months leading up to the election.

On May 9, 2022, three Californian tribes backing a separate mobile sports betting proposal announced that they would turn their efforts toward stopping the commercial operators mobile betting initiative rather than try to join them on the November ballot. The tribes believe there is a better path for victory in 2024 and plan to submit a tribal-operated digital wagering measure in time for the next election.

The California Sports Wagering Regulation and Unlawful Gambling Enforcement Act is currently the lone California sports betting bill locked in to be voted on at the upcoming November 2022 election. The proposal includes the following details:

If at least 997,139 of its requested 1.6 million signatures are eventually verified by the California Secretary of State in time for the election, a second measure could be headed to the ballot alongside the tribes proposal. The California Solutions for Homelessness and Mental Health Actis currently being lobbied by a supergroup of commercial operators and would include the following caveats, if passed:

If the California Solutions for Homelessness and Mental Health Actends up making it to the ballot and is voted through by residents of the state, then its safe to assume that each of the industry giants backing the initiative would be the first brands to set up shop in the Golden State:

Aside from the seven trailblazers mentioned above, any other potential brands looking to get involved would need to be licensed in at least 10+ other states. Based on that detail alone, the following commercial operators would also qualify to apply for a California mobile sports betting license, if they wish to do so:

If the California Sports Wagering Regulation and Unlawful Gambling Enforcement Actis voted through this November, it would open up the door for legal sports wagering to take place at any of the states tribal casinos. On top of that, retail betting would also be permitted at privately operated horse racing tracks located in Alameda, Los Angeles, Orange, and San Diego.

California is currently home to 76 Indian gaming casinos, making it the nations largest Native American gaming state. The 76 casinos, along with 5 additional mini-casinos, are spread across the state and owned by 73 of the states 109 total tribes. Out of the 76 in operation, 29 tribal casinos are located in Southern California, while 47 can be found in Northern and Central parts of the state.

While it remains to be seen which specific locations will end up offering retail sports betting if and when it gets passed in California, its safe to assume that most, if not all, approved tribal casinos and horse tracks will jump at the opportunity to do so.

If and when legalized sports betting makes its way to California, it would instantly make the state the most powerful digital wagering market in the United States largely in part due to its massive population of nearly 40 million residents.

With a whopping nineteen (19!!!) different professional sports teams scattered around the state, we expect the betting options to be just as plentiful. So whether youre interested in betting on Steph Currys Golden State Warriors or Mookie Betts Los Angeles Dodgers, bettors in California can expect to find NFL, NBA, MLB, and NHL offerings on their apps, along with plenty of other fantastic options. From MMA to tennis to soccer to golf, modern online sportsbooks cover just about every sport, league, or event that abettor could possibly dream of wagering on.

As far as available bet types go, thatll ultimately be up to whichever regulatory board is selected to oversee the states legal gambling operations. Regardless, most states offer a pretty similar menu of options, usually including the following bet types:

Similar to the above, previous state launches can give us an idea on what the banking options are going to look like at various California online sportsbooks. Based on the seven brands backing the California Solutions for Homelessness and Mental Health Act, some variation of the following deposit and withdrawal methods will be available, depending on the operator:

Odds taken from FanDuelSportsbook and they are subject to change.

Originally founded in Brooklyn in 1883, this iconic organization would undergo many name changes from their foundation up until they officially became the Dodgers in 1932. Theyd spend the next 25 seasons playing in Brooklyn under their new name, featuring legendary players such as Jackie Robinson, Roy Campanella, Gil Hodges, and Duke Snider leading the team to its first World Series title in 1955.

After relocating to Los Angeles in 1958, the team experienced immediate success, racking up three more championships in 1959, 1963, and 1965, mostly due to their unstoppable starting pitcher tandem of Sandy Koufax and Don Drysdale. Led by Hall of Fame skipper Tommy Lasorda, the franchise would secure two more World Series victories in 1981 and 1988 before undergoing a lengthy drought of more than 30 years without a title.

The Dodgers finally ended their skid in 2020, a COVID-shortened season that featured the World Series being played on a neutral site at Globe Life Field in Texas. Corey Seager was named the World Series MVP as he helped carry Los Angeles to their long-awaited seventh World Series title. Betting on the Dodgers, and Major League Baseball in general, would be a major draw in California. With 162 regular season games alone, theres a lot of opportunity to back the home side.

Founded in 1961 as one of Major League Baseballs first two expansion teams, the Angels spent their first five seasons playing in Los Angeles before relocating to their permanent home in Anaheim in 1966. As a result of the move, the team would be known as the California Angels from 1965 all the way until 1996, when they switched to the Anaheim Angels from 1997-2004. It was during this time that the team won its first and only American League Pennant and World Series title, an exciting 4-3 series win over Barry Bonds San Francisco Giants in 2002 as a Wild Card team.

The franchise once again changed its name from 2005-2015, operating as the Los Angeles Angels of Anaheim before dropping the latter part of their name in 2016. From that point forward, they would just be known as the Los Angeles Angels. Currently backed by two generational talents in Mike Trout and Shohei Ohtani, the Angels will surely be in hot pursuit of their second World Series title over the course of the next few years. Both players rank among the betting favorites to lead the Majors in Home Runs.

After entering the fray in 1883 as the New York Gothams, this historic organization would change their name to the New York Giants just three years later. Following a dominant stretch that featured 17 National League Pennants and five World Series titles from 1885-1957, the Giants eventually relocated to San Francisco in 1958, joining the Dodgers as the first two MLB teams to play on the West Coast. Despite its rich history and early success, the franchise underwent a 56-year drought without winning a World Series from its first year in San Francisco in 1958 all the way up until 2010, when they defeated the Texas Rangers in five games.

This would be the start of one of baseballs modern dynasties, as San Francisco went on to grab two more titles in 2012 and 2014, thanks to a core led by Buster Posey, Pablo Sandoval, Brandon Crawford, and Brandon Belt, among many other contributors. From playing its first games at the legendary Polo Grounds in New York to garnering the most wins out of any team in major American sports history, the Giants organization is among the oldest, most storied, and most successful entities in professional sports history.

The Padres were first established in 1969 and join the Los Angeles Angels as Californias only other team to originate in the state. The club spent its first 34 seasons sharing a home with the San Diego Chargers and San Diego State Aztecs football team at Qualcomm Stadium before Petco Park officially opened in 2004. Led by Tony Gwynn, one of the greatest hitters in the history of the game, San Diego enjoyed two trips to the World Series in 1984 and 1998, but unfortunately fell short both times. After failing to reach the postseason in all but three seasons since Gwynns retirement, the Friars will hope for greener pastures as they begin to watch the highly-anticipated career of Fernando Tatis Jr. unfold.

Typically a sports betting longshot, the Padres have improved and now rank amongst the favorites to win silverware in 2022.

The Athletics franchise dates all the way back to 1901, but would spend stints in Philadelphia (1901-1954) and Kansas City (1955-1967) before eventually relocating out west to Oakland in 1968. The organization experienced great success during its original run in Pennsylvania, racking up five World Series titles in 1910, 1911, 1913, 1929, and 1930, all led by Hall of Fame owner/manager Connie Mack. After little success in Kansas City, the team exploded in the 1970s as The Swingin As once they set up shop in Oakland, winning three-consecutive World Series titles from 1972-1974, guided by four Hall of Famers in manager Dick Williams, the legendary Reggie Jackson, and a pair of unhittable arms in Catfish Hunter and Rollie Fingers.

The team would go on to win one more title in 1989, led by manager Tony La Russa, Rickey Henderson, and Bash Brothers Mark McGwire and Jose Canseco. The Green and Gold has since hit the skids, going on more than thirty years since their last World Series appearance. But hey, who doesnt love betting on the underdog?

Prior to the 1970 AFL-NFL merger, the Cleveland Rams captured their one and only NFL championship in 1945 before relocating to Los Angeles in 1946. The team won its second NFL championship in 1951 and would enjoy the next 44 years playing in Los Angeles before a historic move sent them packing and off to St. Louis. The St. Louis Rams mightve only lasted from 1995-2015, but they featured one of the most iconic teams in NFL history The Greatest Show on Turf. The high-octane Rams offense consisting of QB Kurt Warner, RB Marshall Faulk, and wideouts Torry Holt and Isaac Bruce propelled the franchise to its first ever Super Bowl title in 1999 and another appearance in 2001, in which they fell just short. After moving back to California in 2016, the organization captured its second Super Bowl title in 2021 as veteran QB Matthew Stafford, WR Cooper Kupp, and a defense backed by Aaron Donald, Von Miller, and Jalen Ramsey helped take down Joe Burrows Cincinnati Bengals.

In light of recent success, the Rams have amongst the best odds to earn another Lombardi Trophy in 2022. Its been nearly 20 years since a team repeated in the NFL, though.

The Chargers were actually founded in Los Angeles and spent their first season playing there in the AFL before relocating to San Diego in 1961 and spending the next 55 seasons as the San Diego Chargers. The Bolts won their lone AFL championship in 1963 but the success didnt carry over to the NFL, as the franchise has yet to capture a Super Bowl title and has only appeared in the big game once, a loss to the San Francisco 49ers in Super Bowl XXIX. After falling short in the postseason multiple times throughout the 2000s despite the efforts of legendary RB LaDainian Tomlinson and franchise QB Philip Rivers, the Chargers eventually moved back to Los Angeles in 2017 and now share SoFi Stadium with the crosstown rival Rams. After watching the Rams raise the Lombardi Trophy in their own building, the Chargers are patiently waiting for their turn at the top and very well could get there soon with a loaded up defense and Justin Herbert at the helm.

If you fancy a bet, Herbert has given new life to Californias most overshadowed franchise. Only a handful of teams have better odds to win the Super Bowl than the Chargers, and Herbert himself is a co-favorite to lead the league in passing yards.

Founded in 1944 and named after the prospectors responsible for the 1849 Gold Rush in Northern California, the San Francisco 49ers organization is the epitome of traditionalism. As one of the few teams in professional sports to never undergo any sort of relocation, rebranding, or name changes, San Francisco is best known for its glory years headlined by quarterback Joe Montana, one of the best to ever do it.

Montana carried the 49ers to four Super Bowl titles from 1981-1989 before passing the torch to Steve Young, a left-handed Hall of Famer who tossed six touchdowns in Super Bowl XXIX to capture his first and only championship without Montana listed ahead of him on the depth chart. After going a perfect 5-0 in their first five Super Bowl appearances, the 49ers struggled to replicate their early success, falling to the Baltimore Ravens in Super Bowl XLVII and blowing a late 10-point lead against Kansas City Chiefs in Super Bowl LIV extending their ongoing championship drought beyond 25 years.

Arguably one of the most notable franchises in sports history, the Los Angeles Lakers actually got their name in Minneapolis, Minnesota, where the team spent its first decade or so playing in the National Basketball League and Basketball Association of America from 1947-1960. After financial struggles forced the team to pack their bags and move out west to California, the Lakers would begin a new era led by Jerry West and Elgin Baylor that resulted in six NBA Finals appearances, but no titles. The franchise would finally break through in 1972 after acquiring Wilt Chamberlain in 1968, a former MVP who carried the Lakers to their first title in Los Angeles. Nearly ten years later, the organization would go on one of the most dominant runs in basketball history, as the Showtime Lakers led by Kareem Abdul-Jabbar, Magic Johnson, and James Worthy would go on to rack up five NBA Championships throughout the decade.

The franchise struggled for a bit following their historic cores retirement in the early 1990s, but would get a major boost in 1996 when they drafted a 17-year-old out of Lower Merion High School by the name of Kobe Bryant and paired him with superstar center Shaquille ONeal. This combo would jumpstart the next generation of Laker dominance, as they secured three consecutive championships from 2000-2002 with Hall of Fame head coach Phil Jackson at the helm. After ONeals departure in 2004, it took the Lakers nearly five years until Bryants next championship, a pair of back-to-back titles in 2009 and 2010. Since Kobes retirement, the Lakers have won their division just once in 2020, the same year the franchise won its 17th NBA Championship behind LeBron James and Anthony Davis in the Orlando Bubble. This pulled them into a tie with the rival Boston Celtics for the most titles in NBA history.

Once available, legal sports bets in California will flow in on the Lakers. Their profile and ability to attract star talent will keep them amongst the most bet on teams in CA.

The Clippers were founded in 1970 as the Buffalo Braves and spent their first eight seasons playing on the east coast before conflicts with the Canisius Golden Griffins over their shared auditorium resulted in a relocation to San Diego in 1978. For the next six seasons, the newly rebranded San Diego Clippers would spend most of their days at the bottom of the NBAs Pacific Division. The teams lack of success forced controversial owner Donald Sterling to move the team to Los Angeles in 1984, without approval from the league. Following the move to LA, the franchise struggled for the better part of 27 seasons, until Doc Rivers Lob City teams of the 2010s ripped off six consecutive playoff appearances from 2012-2017. Among those playoff berths were a pair of division titles in 2013 and 2014, something that the franchise had waited over 40 years to finally accomplish.

Steve Ballmer acquired the team in 2014, and the franchise as a whole has been accepting of sports bettings progress throughout the nation. Both DraftKings and Betway have already partnered with the Clippers.

Founded in 1946 as the Philadelphia Warriors, this storied organization would capture a pair of Basketball Association of America titles in 1947 and 1956 before relocating to San Francisco in 1962. After trading away superstar big man Wilt Chamberlain, who played with the Warriors from 1959-1965, the team instantly fell to the bottom of the leagues standings. While trading Wilt certainly hurt at the time, the move resulted in San Francisco drafting Rick Barry in 1965, a prolific scorer who led the team to its third championship title in 1975 its first since changing its name to the Golden State Warriors in 1971.

After an exciting run in the late 80s and early 90s led by Run TMC, a trio consisting of Tim Hardaway, Mitch Richmond, and Chris Mullin, the Warriors organization would struggle for the better part of the next twenty years before entering the greatest period in franchise history. Led by Stephen Curry, Klay Thompson, and Draymond Green, a trio of homegrown talent that banded together to form one of the NBAs greatest modern dynasties, the Warriors appeared in five consecutive NBA Finals from 2015-2019. The core secured their first championship in 2015 and followed that up with a pair of back-to-back titles in 2017 and 2018 after acquiring Kevin Durant in one of the craziest offseason signings in sports history. With six total championships now under its belt, the Warriors franchise ranks among the NBAs best, tied with the Chicago Bulls for the third-most in history behind the Lakers and Celtics.

Surprisingly the oldest of the four California-based NBA franchises, the Sacramento Kings started their journey in 1923 as the Rochester Seagrams. After more than 20 seasons playing under three different team names, the franchise joined the National Basketball League in 1945 as the Rochester Royals and won the leagues title in their first season. Following their 1948 transition over to the Basketball Association of America, the Royals would capture the organizations first and only NBA championship in 1951.

Unfortunately for Rochester, the citys small market forced the teams first ever relocation in 1957, a move that sent the Royals to Cincinnati. It marked the first of many rebranding efforts, as the team packed their bags yet again just fifteen years later in 1972, officially becoming the Kansas City-Omaha Kings. The team dropped Omaha from their name in 1975 and would spend the next ten seasons playing as the Kansas City Kings until their final relocation in 1985. From that point forward, they would be permanently known as the Sacramento Kings.

If you fancy betting on the Sacremento Kings, think again.The 21st century has not been particularly kind to the Kings, as the franchise has suffered through sixteen consecutive losing seasons dating back to 2006.

The Mighty Ducks of Anaheim were an expansion team founded by the Walt Disney company in 1993, just one year after The Mighty Ducks film was released in 1992. The teams name, uniforms, and logos were based off the classic childrens movie from their inaugural season up until 2006, when Disney sold the franchise off. Immediately following the sale, the teams new ownership dropped the Mighty from its name, its colors were changed to orange, black, and gold, and the iconic masked duck logo was unfortunately dropped. It all ended up paying off in the end, as the Ducks won their first Stanley Cup later that season, taking down the Ottawa Senators in five games to become the first California-based NHL team to win it all.

The Los Angeles Kings burst onto the scene following the NHLs 1967 expansion that saw six new franchises enter the league. After spending its first 32 seasons playing at the Forum in Inglewood, the Kings joined the Los Angeles Lakers in moving into Crypto.com Arena (Staples Center at the time) ahead of the 1999 season. The organization struggled in the postseason early on, but finally broke through in 1993 when they made their first ever Stanley Cup, led by none other than Wayne Gretzky. The Kings fell in just five games to the Montreal Canadiens, losing the series 4-1 and would not return to the promised land for the better part of two decades.

After a six-year playoff drought from 2002-2008, the team would qualify for the postseason in each of the next five seasons, winning a pair of Stanley Cup titles in 2012 over the New Jersey Devils and 2014 over the New York Rangers. As a result, Los Angeles became the second California-based NHL franchise in history to win a Stanley Cup after the Anaheim Ducks did so in 2006.

The San Jose Sharks were founded in 1991 as the NHLs lone expansion team for that season. They became the first NHL team located in the Bay Area since the California Golden Seals moved away to Cleveland in 1976 and would spend their first two seasons playing at the Cow Palace before moving into the SAP Center in 1993. From that point forward, the Shark Tank would host all of the franchises home games, resulting in six division championships between 2001-2011, a Presidents Trophy in 2008, and the organizations only Stanley Cup Finals appearance in 2016 a loss to Sidney Crosbys Pittsburgh Penguins.

The Los Angeles Galaxy were one of Major League Soccers original 10 members when the league kicked off its inaugural season in 1996. The organization is easily one of the leagues most successful entities, racking up a record five MLS Cups across nine total appearances between 1996-2014. Never shy to make headlines, the LA Galaxy are responsible for some of the biggest signings in MLS history, including David Beckham, Zlatan Ibrahimovic, and Steven Gerrard, among many others.

Los Angeles officially established its second Major League Soccer team on October 30, 2014, four years prior to Los Angeles FCs league debut in 2018. The young franchise has only competed in four seasons of play since its inception, but already has a 1st place finish under its belt. Back in 2019, the clubs second season, LA FC finished with 72 points to lead all of MLS and finish atop the Western Conference table. The team would eventually fall to the future champion Seattle Sounders FC in the semifinals, unfortunately ending the best season in franchise history.

Originally set to be named the San Jose Clash, the Earthquakes, like the LA Galaxy, were one of Major League Soccers original 10 teams. San Jose actually participated in and won the first ever MLS game in history, a 1-0 victory over D.C. United. The club enjoyed a ton of success early on, winning each of its two MLS Cup titles in 2001 and 2003.

The team relocated to Houston in 2005 after multiple failed attempts at securing a new stadium and thus the Houston Dynamo was born in 2006, taking both the players and staff from the Earthquakes while the franchise was put on hiatus by the league. After two seasons with no soccer in San Jose, the Earthquakes returned in 2008 thanks to a bid by Oakland As principal owner Lew Wolff and would spend the next six seasons playing at Santa Clara Universitys Buck Shaw Stadium before moving into its permanent home of PayPal Park in 2015.

Arguably one of the most recognizable brands in womens professional sports, the Los Angeles Sparks were a founding member of the Womens Basketball Association prior to the leagues inaugural season in 1997. The Sparks currently own the WNBA record for the most playoff appearances in league history with 20, qualifying for the postseason in all but four of their 24 seasons. Los Angeles holds a tie with the Phoenix Mercury for the second-most Finals appearances in league history with five, and is also tied with Phoenix and the Dallas Wings for the second-most championships with three (2001, 2002, & 2016).

Is sports betting legal in California?

No its not, however, for the first time in a long time theres hope! There will be a sports betting bill for Californians to consider this November. Get out and vote!

When will online sports betting be legal in California?

The short answer is we dont know. While were a little more concerned with the IF, not the WHEN, if everything goes swimmingly, it seems realistic that betting could get started at some point in 2023. If the November 2022 vote goes according to plan, it would take some time to set up the full California sports betting market. Typically it takes states somewhere between 6 months and 2 years. Keep your fingers crossed for the shorter side of the time frame.

What responsible gaming resources are available in California?

Even though sports betting in California isnt legal yet, the state is already well equipped with a variety of responsible gaming resources. The California Department of Public Health has a Problem Gambling office, plenty of helplines, and support groups for local persons. Plus, the state of California maintains an efficient self-exclusion program. Once legal online sports betting arrives in California each sportsbook will make available their own internal resources and responsible gaming tools as well.

Do I have to be in California to bet with a California online sportsbook?

Yes you do. Sports betting in the United States is regulated on a state by state basis. If/when California legalizes sports betting, you would only be able to wager with a California online sportsbook while physically inside the state. Each CA mobile sports betting app will have geolocation technology built in to determine your precise location. If youre in California you will be able to bet. If you cross into another state, you will not.

What kinds of California sports betting bonuses will be available?

All kinds! California is seeking to approve multiple online sportsbooks for operation in the state. If legalized, they will offer a variety of California sports betting promos to earn your action. These bonuses include risk-free bets, deposit match bonuses, free bets, and more.

What is the legal age to bet on sports in California?

The proposed age requirement for betting on sports in California is 21. However, nothing has been finalized yet so that and the rest of the bill is still subject to change. Its worth noting that 21 is the standard age for sports betting in most states.

Originally posted here:

California Sports Betting - Legislation, Timeline, and Latest Updates - Sports Handle

Sports betting in Florida was available for a brief moment, and now Florida sports fans wait to see when it will return. Florida sports betting launched in November 2021 through a compact between the state and the Seminole Tribe. Problems quickly arose, though, and Florida sports books were forced to pause operations while the Seminole Tribe pushed for the compact to be repealed for violating the Indian Gaming Regulatory Act. Seminole-run in-person casino gambling, such as card games, slot machines, and pari-mutuel horse racing are current legal forms of gambling in Florida, but Florida sportsbooks remains paused until legal proceedings are finalized. Despite the pause to online sportsbooks in Florida, some sportsbooks remain confident that measures can be voted on to bring Florida sports betting back for good within a year or two.

If Florida online sports betting sites can get the green light again, Floridians will be able to take advantage of many Florida sportsbook sign-up offers and online sportsbook promotion codes. If you need a refresher on Florida online sports betting terminology in the meantime, here is a sports betting glossary from our friends at SportsLine.

When Florida online sports betting returns, there are multiple ways sports fans in the Sunshine State can wager on their favorite sports teams and leagues. Here are some examples:

Against the spread: Football has a major presence in Florida, so spread betting on big games is a popular method Florida sports bettors should know. Both sides are handicapped, with the favorite listed with a minus sign. For example, if Tampa Bay is -10.5 in a football game against Miami, that side is the favorite and must win by 11 points or more to cover the spread. In that same game, Miami +10.5 means that side is the underdog and it must either win outright or lose by 10 points fewer to cover.

Over-under: This betting method is perfect for when you think a game or match will have a very high or very low score, like in pro basketball. Sportsbooks will set a total number of points expected for a game and then bettors decide which side of that number the combined scores will land on. If the over-under for a pro basketball playoff game between Miami and Boston is 200, you can bet on whether the total of the two scores will be more or less than 200.

Proposition bet: Want to bet on something other than the score of a game? A prop bet is a wager on a given outcome within a game or match other than the final score. For example, a prop bet in pro baseball could be on whether a player for Tampa Bay hits a home run or whether a starting pitcher for Miami can make it through seven innings in a big game.

If you're looking for the best values on the board in Florida or elsewhere, be sure to check out SportsLine, which specializes in Vegas picks, DFS advice and season-long fantasy sports projections.

An industry leader, SportsLine.com provides advanced computer modeling, expert picks, news and analysis of all the biggest events in sports. It can help you identify in which games you'll have the biggest statistical advantage. Plus, you'll get access to a team of over 40 experts.

SportsLine provides betting advice across the four major professional sports, college sports, golf, tennis, soccer, combat sports, horse racing, auto racing and more. It's a proven resource to sports bettors around the world. You can sign up here to enjoy all of the sports betting and fantasy sports advice that SportsLine has to offer. Then, use your knowledge to crush Florida online sports betting when it becomes legal again.

Continue reading here:

Sports betting in Florida: Has it been legalized, how to bet online, where to find picks, top promos - CBS Sports

Maryland has lived up to the Terrapin moniker of its flagship university as it slogs through its rollout of online sports betting, which voters approved in November 2020. The latest estimates have Baltimore bettors waiting beyond the opening of the football season to place their first legal bets from the comfort of home. But -- there is progress. Bettors will be able to wager into the Preakness pool from OTB sites at the states new casino sportsbooks for the first time this year.

In the event youll be watching from home, I have no tips for you, but I will offer you this. You're welcome.

Last week, the senior VP/engineering at Fanatics sportsbook startup posted a LinkedIn note saying that the companys engineering group would be in Seattle for two days of recruiting for a fleet of open tech positions, beginning yesterday.

Attached was a link with postings for 40 jobs at Fanatics Betting and Gaming, including 17 openings for engineers and three for data scientists. All but five offered the option of working remotely.

It is no secret that Fanatics, which has gone from selling t-shirts and jerseys to minting trading cards and NFTs -- with e-commerce as the common thread -- is prepping to enter the highly competitive, cash-draining joust that is the rapidly emerging U.S. sports betting business.

Founder Michael Rubin, honored as our Sports Executive of the Year this week, has said so loudly and proudly. Rubin hired former FanDuel CEO Matt King last June and then, in February, told our Terry Lefton of his goal to be the No. 1 player in the world in that business in 10 years.

Once on the hunt for a large, pre-cooked acquisition, Rubin said he has since moved on to a build, rather than buy, mode -- at least in the U.S.

While we dont entirely know what Fanatics Betting will look like, or when it will launch, the who behind it is taking shape rapidly, with a head count now approaching 50.

Matt King made his first two hires last July, bringing on former Action Network COO and FanDuel VP/Fantasy Ari Borod as chief commercial officer and former Barstool Sportsbook head Scot McClintic as chief product officer.

Not surprisingly, King and Borod have mined their connections at FanDuel, hiring senior VP Ian Botts as chief technical officer, VP Justin Kerestes -- the poster of the aforementioned LinkedIn note -- as senior VP/engineering, lawyer and lobbyist Alex Smith as VP/regulatory affairs and engineer Amir Rao as director of engineering. Senior VP/Trading Andy Wright came from Sky Bet, which is owned by FanDuel parent Flutter.

Eight of 38 Fanatics Betting employees identified through LinkedIn searches have FanDuel roots. But the rest is a mix. Some have betting backgrounds; some none. The chief information security officer came from a large insurer. The controller came from Meta. The VP/operations was at SoFi and Citi. The VP/data came from an online ad marketplace.

Growth is also accelerating, with 27 hired since January. What you have there are the pieces in place that you can build out a business plan, you can build out product, you can build out tech, you can build out data, you can build out the legal and regulatory side, said Borod, who was at FanDuel for four years. So you have the pieces in place to execute on all these big ticket items.

A complicating factor in staffing a sports betting startup is the uncertainty of any timeline to launch. Online sportsbooks need three things to be competitive in the U.S.:

But the way you put together those pieces, and the time it takes to do so, can vary widely. Acquiring a fully baked sportsbook -- such as oft-rumored targets PointsBet or BetRivers -- can be done in the time it takes to negotiate and close the deal, transfer the licenses and, perhaps, change the branding. Building one can be far more complicated, even if it lives on a platform from another provider at the start.

And the way that takes shape can impact who you need to hire, and when. We do (have a timeline), Borod said. I cant share much about it. But we did pace it out to say This is where we want to be in six, 12, 18 or 24 months. What are the pieces we need in place? ... We needed to bake in a degree of flexibility because we can be patient. Were not going to be first to market in New Jersey. Were not going to be first to market in Illinois. So at that point, whats the right timing from a marketing perspective to go and attack and when is the product going to be in a place that were happy to deliver it to customers.

Fanatics Betting is hiring at a time when the competition for talent is steep and questions about the ability of many U.S. sportsbooks to survive a bloodbath of early losses abound. FanDuel, DraftKings, BetMGM and others have dozens -- and sometimes pages -- of job openings listed on their web sites every day.

Borod said the companys pitch hinges on the prior success of leaders Rubin and King, coupled with the chance to taste -- or return to -- the experience of a startup that he says is well capitalized with a long runway. Theres also the oft-discussed possibility of an IPO that could come next year.

If you want to be part of something new, if you want to be part of something successful, if you want to be part of something where youre going to learn -- we really check all three of those boxes, Borod said. So as long as you can be competitive in terms of compensation and what we offer people, which we are -- for me, that really checks all three boxes of what you look for. And when we talk to candidates, thats what resonates the most. They can get in early. They can learn from great people. And they can be part of something they believe is going to be successful.

The American Gaming Association weighed in yesterday on the latest disputes to gum up passage of sports betting in Massachusetts, where the House and Senate have passed bills that are in conflict in several areas that are of particular interest to sportsbook operators: A ban on wagers on college sports (AGA opposed), tax rate (too high, the AGA says) and advertising restrictions (AGA recommends self-regulation).

In a letter to state legislators, the AGA laid out its position on all three. Here's the full text of the letter.

The handle share lead in the nations largest betting market continued to tick upward for FanDuel, which held a 43% share in April in New York, up from 41% in March. DraftKings (24%), Caesars (16%) and BetMGM (10%) each gave up a point.

During an investors day last week, BetMGM said that it was backing off its marketing and promotion spend in the state, blaming a 51% state tax rate that has sportsbook lobbyists mobilized in Albany. We simply cant apply our capital against an irrational investment thesis, BetMGM CFO Gary Deutsch said in what appeared to be a well-rehearsed explanation typical of investor days. Players would never continue to play if the house always won. The house cannot continue to play if its always going to lose.

Of course, its easy to announce a retrenchment as the NBA Playoffs wind down and summer approaches in a state that has been open for five months. Lets check back in as football season approaches.

Other notable handle figures from April:

Figures from March are in for Illinois, which early that month dropped its requirement that bettors open their sportsbook accounts in person. The result: A record monthly handle of $953.8 million, up 40% over February. While all states get the usual March Madness bump, Illinois was the largest at a whopping 40%.

The impact of the softened restriction was evident in the decline of Chicago-based BetRivers, which fell from $107.7 million to $105.2 million while its competitors saw significant bumps. Late-arriver Caesars more than doubled from $16.5 million to $38.6 million. Barstool was up 46%, FanDuel 45%, DraftKings 35% and PointsBet 32%.

BetRivers was the first sportsbook to launch online in Illinois in June 2020 and benefited from a structure that required Chicagoans to drive hours to open accounts at the dominant national sportsbooks. When COVID outbreaks led the state to temporarily drop the restriction, BetRivers went from its lead position to a handle share in the mid-20% range, and then the mid-teens, where it stabilized -- at least until March, when it dropped to 11%.

Illinois now looks like many other states. FanDuel surpassed DraftKings for the first time in March, taking 34% of handle to DraftKings' 31%. DraftKings led FanDuel 41% to 27% in September. PointsBet was at 8% in March; Barstool 7%. Even after doubling, Caesars was at 4%.

A busy week of financial reports from state gambling regulators shows anticipated April declines. With 14 states in -- including five of the eight largest markets (by handle) -- handle was down a combined 18% from March. That tracks similarly to last year, when handle fell 20% from March to April.

Every state was down by at least 10% , with Pennsylvania, Indiana and Iowa falling by more than 20%. New York and New Jersey were down 15% and 17%, respectively.

Though down compared to last month, growth remained steep compared to last April, with states up a combined 120%.

Read more from the original source:

SBJ Betting: Fanatics bulks up as it preps to get in the game - Sports Business Journal

Its information overload everywhere, and theres not time enough to sleep and eat and stay fully apprised of whats happening on this crazy blue dot of ours (two out of three aint bad). Heres the weekend Sports Handle item, Get a Grip, recapping the weeks top U.S. sports betting stories, highlighting some fresh news, and rounding up key stories.

Its not always sunshine and rainbows in the sports betting world, and this week provided some good examples.

While revenue was strong in Pennsylvania and Illinois in April, it took a nosedive in Louisiana and overall handle also took a hit in Michigan (although it was a significant improvement over last April).

There were also ample controversies to report on this week, and although they may not qualify as full-blown scandals, theyre not great.

Biography reveals some of Mickelsons risky sports betting habits

Gary McCord tells tales of betting with Mickelson during PGA Tour play

Steve Wynns accused of lobbying Trump administration on behalf of Chinese government

Man accidentally receives COVID relief money, blows it gambling online

ICasino player stole identities to create 187 phony accounts and claim bonuses

Controversy ensues after sports bettor gets limited with odds changed at Barstool retail book

Significant obstacles remain for Minnesota sports betting bill

Maryland bettors are growing frustrated waiting for online wagering to begin

Ohio commission announces plan to reveal universal start date on June 1

Kansas regulators work to launch sports wagering as soon as possible

Preakness still packs a punch without Kentucky Derby winner

How have fillies fared in the Preakness?

Our staff horseplayers have a longshot play and some interesting exotics to consider at Pimlico

Rep. Adam Koenig, who has spearheaded the legislative effort to legalize sports betting in Kentucky for several sessions, lost his bid for reelection in Tuesdays Republican primary to Steven Doan. He was one of three prominent House members in the state who lost out to challengers from the Liberty Caucus.

What does that mean for the sports betting movement in Kentucky, considering Koenigs bill got out of the House for the first time in 2022 but died in Senate committee? Lawmakers are mum for now, and while Koenig declined to indicate House members who might take over, he still found an optimistic tone in defeat. Koenig has served in the Kentucky House since 2007.

Weve shown sports betting is wildly popular in Kentucky, and I think someone will pick up the mantle and run with it, Koenig told Sports Handle. And who knows, maybe theyll be better at it than me, and Ill be OK with that if it passes, as long as they invite me the day they open.

The American Gaming Association on Thursday sent a letter to Massachusetts lawmakers urging them to allow wagering on all college sports, agree on a reasonable tax rate, and rethink the excessive restrictions on advertising and marketing that are part of a bill that has been sent to conference committee in an effort to find a consensus.

Also on Thursday, Sens. Eric Lessor, Patrick OConnor, and Michael Rodrigues were appointed to the conference committee, after the House on Tuesday failed to concur with the Senate version of the bill and the Senate then insisted its amended version be accepted.

The bill, now H 3933, would allow for statewide mobile wagering, but the chambers havent agreed on a tax rate, whether to allow wagering on all college sports, and other details. Reps. Aaron Michlewitz, David Muradian, and Jerald Parisella were appointed this week as House members of the conference committee.

Jill R. Dorson

Circa Sports announced this week that it will increase the prize money for its Million IV and Survivor NFL contests to $12 million, up from $11 million last season. Both contests have a $1,000 entry fee.

Among other changes, according to the Las Vegas Journal-Review, is that in the Circa Survival contest, players are only eligible for the $1 million undefeated bonus if they do not pick a 2022 Super Bowl competitor (Rams, Bengals) in any week.

Registration for this seasons contests opened Tuesday, and players can register in person at the Golden Gate, D Las Vegas, Circa, Tuscany, or The Pass. Those not residing in Nevada can enter and make weekly picks via local proxy.

SuperBook, which runs the SuperContests, will offer 12 ways to win in its contests and will also increase the number of in-season contests. Bettors will be able to participate in the full-season SuperContest or first- or second-half contests, each of which lasts nine weeks. SuperBook will offer a total of 11 in-season contests. In addition, the SuperContest Gold and Reboot will also be back.

SuperBook expects to open registration July 1.

Jill R. Dorson

The Colorado Limited Gaming Control Commission on Thursday voted to increase the states wagering budget by about $9,640 to cover increased vehicle costs as the state moves to electric vehicles. It also reissued vendor major licenses for Deck Prism, Amelco, and Banach Technology, as well as about three dozen vendor minor licenses.

Division of Gaming Director Dan Hartman also updated a legislative change that extends the sunset date on wagering from five years to 10 years. According to a source, the state legislature reviews most divisions in the state on a regular basis.

ALEXA, METS -1.5: Voice-activation product allows drivers to bet on live sports [Forbes]

CAUSE FOR CONCERN: As addictions surge, lawmakers study limits on sports betting ads [NJ.com]

TAKE THAT, WOJ: Silver says NBA fan aggression not caused by sports betting [Sports Illustrated]

CMON MAN: Man tries jackpot switch to avoid casino slot prize going to child support [JG-TC]

BREWING: Federal lawsuit over new sports betting rule could jeopardize tribal sovereignty [KUOW]

HELP WANTED: Arkansas group suing over lack of gambling addiction resources [THV11]

SHUT DOWN: ND Commission halts Vegas-style games at gas stations, stores [AP]

AT LEAST YOU HAVE POTATOES: Idaho isnt planning to legalize sports betting soon [Idaho Press]

NICE HIT, EH: Drake says he cashed in $2.6 million NHL, NBA sports bet parlay [UPI]

SWITCHING TEAMS: DraftKings adds ex-Flutter exec as VP of platform product [EGR]

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Get A Grip The Week In Sports Betting: Phil, Kentucky, And Mass - Sports Handle