Sports Handle
@sports_handle
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The latest on legal sports betting. Check for new stories daily. Part of @US_Bets @BetterCollectiv . 21+. Gambling problem and want help? Call 1-800-GAMBLER
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BREAKING: INDIANA.
The wait is over. Indiana has become the 10th state to legalize sports betting. On Wednesday, the Indiana sports betting legislation became law after Gov. Eric Holcomb signed the measure.
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NEW YORK:
After two years of continued frustration among industry stakeholders (and bettors), New York appears close to reaching a deal on mobile sports betting.
@MattRybaltowski
's coverage continues.
7
39
123
MICHIGAN:
Votes are in:
- Legalizing Sports Betting (4916): Passes 35-3.
- Legalizing iGaming/Poker(4311): Passes 35-3.
- Legalizing DFS (4308): Passes 35-3.
On to House for concurrence and then Governor. Sports betting set to become legal in Michigan.
14
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114
BREAKING: Sports Handle has learned that a player for the Indianapolis Colts is under investigation for what a source called “pervasive” sports wagering activities.
Scoop from
@MattRybaltowski
19
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110
VIRGINIA:
Breaking:
State-wide mobile sports betting set to become legal in Virginia. (Some physical sportsbooks permitted, too).
The Senate just adopted the House sports betting bill (HB 896), which will now go to the desk of Governor Ralph Northrum. (
@GovernorVA
).
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100
"We’re in a space with not a lot of product innovation, and I thought there was more we could do for the American sports fan. The American sports fan is different ... and deserves a different customer experience."
--
@JerLevine
tells
@jeffedelstein
1
26
87
NEWS: The political action committee running a proposal backed by BetMGM, DraftKings, and FanDuel to get an initiative on the California 2022 ballot that would allow for statewide mobile sports betting just announced that it has collected 1.6 million signatures.
6
17
69
NEWS:
Jimmy Vaccaro is set to leave
@WinBigRivers
in Pittsburgh, head back to Las Vegas'
@southpointlv
at the end of July.
Bob Mann has the story for
@PennBets
:
9
22
66
“What you'd do if you were on one of those first rows, when you got somebody like a whale on the phone, you start snapping your fingers."
A look at offshore bookmaking & difficulty entering industry back home.
w/insights from
@MMAOdds
by
@Matt_Schmitto
4
28
62
TENNESSEE:
BetMGM, DraftKings and Fanduel all received conditional sports betting licenses in Tennessee on Wednesday, ahead of a proposed Nov. 1 go-live date. The TEL Board of Directors unanimously approved the companies after three hours of discussion.
8
25
65
.
@WynnBET
has launched what objectively may be the greatest single sportsbook-related item in the short history of American legalized online betting.
In short:
@lindetrain
and Co. are literally opening up the book on the book.
5
16
63
Nation’s First Strip Club Sportsbook Set To Open In D.C.
Cloakroom Gentleman's Club plans to launch its retail sportsbook this week with the help of Elys Game Technology.
(via
@BennettConlin
)
7
9
63
MICHIGAN:
Breaking: Michigan Gaming Control Board announces today that it has authorized online gaming, sports betting to begin Jan. 22.
Here's your roster of nine operators permitted to go live with online sports betting or both iGaming & sports betting at noon on Friday.
7
22
60
BREAKING:
Casino Queen in Illinois will rebrand retail and online platforms as "
@DraftKings
at Casino Queen," meaning DK can enter Illinois market for sports betting sooner than later.
4
20
59
New show from
@BetTheBoardPod
with
@ToddFuhrman
&
@PayneInsider
to drop Fridays on YouTube, on social media, and on the podcast website.
Covering NFL and CFB with
@FDSportsbook
.
5
5
56
EXCLUSIVE:
All is not well between
#DraftKings
and its $3 million parlay bettor.
In fact, there's much more to the story.
(by
@MattRybaltowski
)
0
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NEWS:
@CircaSports
is coming to Illinois.
Through partnership with New American Place Casino.
The app is coming as well as sportsbook lounge -- to operate at temporary casino while Full House Resorts construct permanent American Place digs.
2
9
48
On
#SuperBowlLIV
Media Day, we look at the success of the
@kellymurrayshow
, featuring
@kellyinvegas
and
@vegasmurray
, in the first year of the pod.
It takes more than just giving winners to build an audience.
(by
@MattRybaltowski
)
8
6
47
BREAKING:
In Florida, per sources,
#DraftKings
and
#FanDuel
behind a forthcoming ballot initiative to allow for commercial statewide online wagering.
4
27
43
The Supreme Court ruled five years ago, and 'the single fastest expansion' ever of American gambling followed.
Here are thoughts/insights/reflections from key figures across the U.S. sports betting landscape tracing the first five years post-PASPA.
8
14
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.
@Kambi
believes it can absorb the impending loss of its
@DraftKings
' contract this September with several other growth opportunities.
(by
@MattRybaltowski
)
0
3
44
FLO-RIDA:
Gov. Ron DeSantis reportedly signed a historic compact with the Seminole Tribe on Friday that will bring sports betting to the Sunshine State.
1
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41
Announcement: After 4 years of existence without a podcast, we're proud to present the Sports Handle podcast"Get A Grip.” Below is a brief show intro. 🎶
Co-hosted by
@SportsbkConsig
&
@brettsmiley
. Talking about sports betting, the industry, and a lot of other stuff… (1/5)
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11
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States that will offer legal sports betting in '18 that have not or will not grant leagues an "integrity fee" or royalty:
Nevada
Delaware
New Jersey
Mississippi
West Virginia
Rhode Island
Pennsylvania
States that *will* be paying the leagues some fee:
0
4
22
39
"This is a giant shakedown by the leagues," says
@ericschiffer
of the 'betting right and integrity fee.' "There already is a requirement from a brand perspective, to ensure that the leagues are not manipulated for the purposes of betting."
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NEW YORK:
Mobile sports betting discussions have intensified.
A deal could be reached over the next 24-36 hours. Story to come via
@MattRybaltowski
.
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41
NEW JERSEY:
New record sports betting handle for a month: $487.9 million.
Online/mobile handle? $416.9 -- 85.4%
5
25
41
Among the criticisms of
@JambosPicks
- which has made "significant updates" recently- is the way in which the historical ROI of their packages are advertised.
@LloydDanzig
explains the tout service from
@mschwimer
, for which "guarantees" are on the line
8
18
41
ARIZONA:
Arizona's House Commerce Committee moved sports betting forward, 9-1, Tues afternoon.
Would allow for statewide mobile sports wagering, and retail wagering at pro sports venues, tribal casinos & racetracks. Senate Commerce Committee will take up a mirror bill on Weds
5
10
36
BREAKING: Per source,
@Sportradar
comes to agreement for reverse merger that would allow data provider to go public. The company was recently valued at $10 billion.
#SPACs
(by
@MattRybaltowski
)
7
11
37
Here is
@jeremybalan
's debut for our crew:
If you bet the horse that won a controversial Breeders' Cup race on Friday, you were out of luck.
(
@US_Bets
)
#BreedersCup
7
9
35
Dear state lawmakers in INDIANA in particular:
In NJ in March: Total betting handle: $372.4M and over 80% of it coming from MOBILE/ONLINE.
Taxable sports wagering gross revenue: $31.7mm.
PEOPLE ENJOY FREEDOM TO BET ON MOBILE DEVICES.
Govern yourselves accordingly.
#capslock
3
13
33
ILLINOIS:
Legal sports betting arrives on Monday at
@riverscasinochi
.
(
@AlTruda73
with details):
(cc
@JoeO670
)
2
11
34
Breaking: New York online sports betting may begin as early as this Sat, Jan. 9, at 9 am.
These four approved by NYS Gaming Commission:
@CaesarsSports
@DKSportsbook
@FDSportsbook
@BetRivers
The others, including
@BetMGM
, don't yet have full approval. (First by
@DavidPurdum
)
6
15
34
Where residents of each state are likely to have the ability to bet sports by end of 2018:
1. New Jersey
2. Delaware
3. Pennsylvania
4. West Virginia
5. Missisippi
Work to do/uncertainty, but probably:
1. New York
2. Michigan
3. Oregon
1
22
29
In New York, meaning of 'platform provider' for mobile betting remains cryptic.
Appears "somewhat open-ended at this point, and could include someone like
#DKNG
which owns SBTech, to be considered a platform provider, or Kambi,” -Credit Suisse analyst Benjamin Chaiken in a note
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NEW JERSEY:
Numbers are in for MAY:
Total betting handle for the month: $318.9 million
Sports wagering revenue: 15.5 million
Sports betting hold: 5.9%
Total handle coming ONLINE: $263,552,319
Percentage of bets online: 82.6%**
(**TAKE NOTE ANY STATE LOOKING TO OMIT ONLINE!)
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25
32
NEVADA:
New record betting handle for a single month: $614 million (!)
Story by
@brianpempus
for
@US_Bets
1
14
33
NEW YORK:
Two consortiums led by
#FanDuel
and
#Kambi
appear close to winning coveted spots for mobile sports betting licenses in New York, sources say.
(
@MattRybaltowski
breaks it down)
2
7
32
Parlay wagering. Not a great bet, yet still a fan favorite.
Gary Rotstein digs into the numbers and appeal with insight from
@andrewssports
.
3
11
31
First legal sports bet in New York state:
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6
32
ILLINOIS:
State Rep. Bob Rita, a key driver of legislation to bring sports betting to Illinois, filed a bill Thursday that would legalize internet casino gaming there as well.
(
@AlTruda73
)
2
5
32
“When
@CircaSports
moves the line, there’s a lot of people watching because everybody’s really starting to get to understand we’re the one taking the [larger] bets.”
-
@DerekJStevens
(
@AlTruda73
)
0
8
30
New number(s): Mississippi sportsbooks generated $9.8 million handle In first month of sports betting.
0
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30
BREAKING:
Sports betting and DFS set to become legal in Arizona.
Bill to legalize both has just passed in the Senate 23-6 (1 abstain). Previously it cleared the House.
It's on to Gov.
@dougducey
, and signature is expected. Story to come.
ARIZONA:
AZ's Senate Committee of Whole tonight passed SB 1797, sports betting bill (and DFS) that would allow for mobile wagering and retail wagering at 10 tribal casinos + 10 pro sports venues.
Bill mirrors a House sports betting proposal.
Still needs to pass full Senate!
0
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11
29
VIRGINIA:
Virginia lawmakers come to agreement on sports betting bill.
The agreement could get floor votes as soon as Friday.
2
12
31
.
@EricRaskin
spares no one and nobody's feelings with this well-intentioned synopsis of the 10 most irksome types of sportsbook tweets.
From overdone to the truly egregious and infuriating.
#GamblingTwitter
(for
@US_Bets
)
7
7
29
Are Americans bad sports bettors? That depends on how you define "bad" -- and "bettor," writes
@jeffedelstein
, with insight from
@capjack2000
,
@JeffreyBenson12
& more.
10
8
29
Hope springs eternal — and so do academics who think they might’ve cracked the sports betting code. Add two more overly complex papers to the pile.
Of course, there's a problem...
(by
@jeffedelstein
)
2
7
30
SCOOP: In Missouri, operators and pro teams agree to a framework for sports betting bills that would allow for statewide mobile, and skins for the teams.
2
17
28
NEW JERSEY, NEW RECORD:
- Sports betting handle for November: $567.2 million
- Previous record, October: $487.9 million
- Fom online/mobile betting: $486.8 mm (86.5%)
- Nov. gross revenue: $32.9 million for the month
That's roughly 6% hold (annual NJ hold 6.3)
6
15
30
COLORADO:
Monthly sports betting revenue report for August is in:
- The total handle for both retail and online sports betting wagers in Colorado in August totaled $128.6 million.
- Almost 98% online (expected given covid). Bets by sport breakdown.
- Books held about 6%.
3
10
28
With a new
#NFL
betting season on the horizon, here's a look at
@brettsmiley
's week-to-week diet and routine.
Do you have a routine? What's it look like?
1
6
29
CALIFORNIA:
The California Senate Governmental Organization Committee on Wednesday afternoonvoted 9-3 to move, SC 6, amendments to a sports betting bill that would allow for statewide mobile and retail sports betting at tribal locations and horse racetracks. (1/2)
7
17
28
Today is three year anniversary of New Jersey's first legal sports bet.
Placed by
@PhilMurphyNJ
at
@MonmouthPark
.
In those 3 years, legal NJ books have taken $15.2 billion in wagers.
Story from 6/14/18-
9
4
27
Breaking:
Illinois appears to be stepping back in time -- to an era when folks must go to a casino in person to open up an *online* sportsbook account.
As was written into the original law. Provision had been suspended via Gov. Pritzer exec order b/c COVID-19. Story to come.
It appears
@GovPritzker
has NOT renewed Executive Order 2020-41, which means in-person registration to obtain mobile sports betting apps will be back in place effective Sunday.
#Illinois
#GamblingTwitter
#SportsBetting
6
4
6
6
11
27
Executive Director of the Mississippi Gaming Commission, on allowing wagering on Ole Miss and Mississippi State (and other universities in MS):
"Tell me that people are not already betting on these games all over the place, anyways."
4
16
28
"Why don’t operators care about bettors who are trying to learn more about how to bet, and why don’t they assist with a bettor’s education? Why don’t regulators want to hear the complaints real-life people are experiencing?"
-
@Schuetzinc
5
6
25
There's now betting kiosks (by SciGames with Stadium Tech) live at the Santa Ana Star sportsbook in New Mexico. Will be lots more of these to come at books across the country, by various providers.
3
11
23
INDIANA:
Up, up and a-online.
New record handle: $170.8 million. Handle via Indiana online/mobile increased 11.5% month-over-month in January.
(via
@brianpempus
for
@HoosierBets
)
3
14
25
ILLINOIS:
Rivers Casino in Des Plaines will be the first to market for mobile sports betting in Illinois, announcing Thursday its online sportsbook at BetRivers went live at 10 a.m. CDT.
1
11
27
SCOOP:
@FDSportsbook
may find a way online in Illinois online sooner than expected. They're in talks to buy Fairmount Racetrack, which would give it immediate entree into IL.
Story:
5
17
27
Visa's main competition in the sports betting space is from cash itself.
How
@Visa
is looking to take on the King.
(by
@MattRybaltowski
).
#payments
2
3
26
Here's some news about... ourselves:
SH is very excited to be joining forces with
@US_Bets
(and
@PennBets
,
@NJ_Gambling
) and their excellent editorial team/ownership.
As a wild '19 approaches, together we'll be getting more ambitious with our coverage.
5
6
27
COLORADO:
The Colorado Limited Gaming Control Commission will consider emergency sports betting rules at its meeting Thursday, barely two weeks after voters approved sports betting.
Operator applications could be available as early as Nov. 25.
0
12
27
"I have to return some videotapes."
2
8
25
.
@brentmusburger
takes CBS to task on its position on sports betting talk.
“I’ve said all along (gambling talk) is not the most important thing, but to stick your head in the sand like CBS is doing is just absolutely ridiculous..."
4
3
24
After the success of its debut pro football picks contest,
@CircaSports
has increased the guaranteed prize money for 2020 to $3 million and introduces a $1M survivor pool contest.
0
7
26
TEXAS:
Democratic Rep. Harold Dutton filed what could be the first of multiple sports betting bills in a state that has long been opposed to legal gambling, but at the heart of the sports betting debate in recent weeks.
(via
@US_Bets
)
2
11
24
ILLINIOIS:
State Rep. Mike Zalewski re-filed a bill that would amend the Sports Wagering Act and allow bettors in Illinois to wager on games involving in-state colleges and universities.
Currently prohibited.
(
@AlTruda73
) (cc
@JoeO670
)
2
5
25
NJ September numbers are in:
Retail sports betting: $79 million
Online sports betting: $104.5 million
Total sports betting handle: $183.9 million
Sept. sports Wagering gross revenue: $24.0 million
1
14
22
Some wisdom on what's to come for U.S. sports betting and a contrary view of the "integrity fee, from Nevada legend
@RoxyLasVegas
2
15
24
Exploring transparency and the ontology of a tout: Is touting on a spectrum?
@Matt_Schmitto
spoke to
@FezzikSports
and considers the recent snafu involving
@darrenrovell
.
1
8
23
While
@PointsBetUSA
, like others, limits customers, it's the changing of odds in the middle of trying to wager that's really causing grief.
@jeffedelstein
explores the many complaints about
#PointsBet
's tactics.
6
10
25
Big Canada news: circle April 4.
The Ontario government is expected to make an announcement regarding the launch of the province's regulated iGaming market.
(by
@GregwarrenBC
)
0
3
23
Caesars/William Hill will go live online today at or before noon in Virginia, according to the Virginia Lottery.
The app will bring the total number now available in Virginia to five, including FanDuel, DraftKings, BetMGM, and BetRivers.
2
8
24
“Basically everyone is targeting the same customers, with the same offers, with the same product, built on the same third party platforms”
@JerLevine
said “There’s an opportunity to build something way more interesting and unique..."
(by
@jeffedelstein
)
0
12
25
A voracious sports fan and sports bettor himself,
@DerekJStevens
is welcoming big bettors at
@CircaSports
as he prepares to build the Las Vegas' biggest sportsbook at
@CircaLasVegas
.
2
2
24
TEXAS:
ICYMI: Cowboys lead a group of teams, operators who will endorse a bill that would change the state constitution to allow sports betting.
2
6
24
NEW JERSEY:
September sports betting handle/hold/revenue figures coming in about an hour from the Division of Gaming Enforcement
August showed a nationwide handle record of $668 million.
Good chance September sets a new record.
Some background-
0
3
24
It was a dead heat into the night but freedom has pulled ahead, and it looks like Colorado will be getting legal sportsbooks.
Not officially called yet, but local sources indicate it will pass.
(From
@brianpempus
for
@US_Bets
)
1
6
22
MARYLAND:
Maryland Senate on Monday afternoon unanimously approved a sports betting regulatory framework on the final session day.
Sent to the House of Delegates, which must approve it by midnight tonight, when the 2021 session ends.
2
10
23
WYOMING:
Gov. Mark Gordon signs law that that legalizes statewide mobile; wagering could be available by end of year.
1
12
23
Here's
@MattRybaltowski
with a lovely profile of
@erinkatedolan
, one of the hardest-working folks in sports betting.
0
3
22
NEW YORK:
Full story on the state of mobile sports betting legalization in NYS.
What we do know (it's happening) and what we don't yet (exact nature of it). But four-plus online skins, at this point, appears to be part of plan.
(by
@MattRybaltowski
)
1
12
23
“We don’t care about arbitrage,” said Dean Sisun, the co-founder and CEO of
@ProphetExchange
. “We don’t take any risk. If someone is trading on our exchange and laying off prices with us, it’s just volume for us."
(via
@jeffedelstein
)
1
8
23
.
@GeniusSports
secured a data agreement with
@DraftKings
Thursday as the company looks to add a host of new clients before the start of the NFL season.
(by
@MattRybaltowski
)
1
5
22
Come Sunday at 3 p.m. ET,
@primesportsbook
will have its official launch in New Jersey, with betting open until 11 p.m. that day. By Wednesday, it’ll be open for business 24 hours a day, reports
@jeffedelstein
.
1
8
22
MICHIGAN:
Important one to watch in poker world:
The Michigan state senate voted 36-1 Thursday to add language to internet gaming laws that would permit interstate online poker.
(
@Rafeboogs
for
@MichiganBets
)
1
7
23
After saying, “I really don’t hedge,”
@BillKrackman
recalled that it was “middling and scalping” that enabled him to build his bankroll to a point where he didn’t have to hedge anymore. (
@mdseely
)
@capjack2000
@RufusPeabody
@JeffreyBenson12
@vegasmurray
2
5
23
Pretty big news in our own neck of the cyberspace.
@bettercollectiv
has acquired
@ActionNetworkHQ
. $240M.
In June 2019 BC also acquired
@rotogrinders
and
@us_bets
, which had previously acquired Sports Handle in Nov 2018.
More to come.
5
13
23
Great read on
@sporttrade_app
and exchange wagering in the U.S. from
@jeffedelstein
.
With insights from
@a_kane47
@gamblinglamb
@BillKrackman
@EdMillerPoker
@capjack2000
.
2
11
22
CANADA:
Single-game sports betting could arrive in Canada as early as this fall after historic vote
Full breakdown via
@MattRybaltowski
:
0
12
21