SportsHandle: That was the week that was in US sports betting

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

William Hill Sportsbook Takes Back $2,500 Parlay Win, Citing ‘Terms And Conditions’

Captain Jack Andrews — the pseudonym of a prominent East Coast bettor and analyst — has heard it all before, so when a man from the Midwest reached out to him in December of 2020 saying he felt like he had been taken advantage of by William Hill sportsbook, Andrews decided to take a look, but with trepidation.

“I tend to vet these claims pretty harshly since the last thing I want to do is be stuck defending an angle shooter,” Andrews told CO Bets via email.

Full story here

FanDuel Sportsbook’s Erin Dolan Talks Sports Betting, Social Media, Working Through A Pandemic, And Underdogs

Around the same time Erin Dolan was graduating from Penn State University in May 2018, the U.S. Supreme Court struck down the federal ban on sports wagering, allowing for rapid nationwide legalization and along with it a myriad of new industry opportunities for oddsmakers and sports media figures alike.

A Pennsylvania native whose love for track first took her to the University of Oregon, Dolan’s interest in broadcasting later brought her back home to Penn State. Then, in the fall of 2019 after a stint as a local sports reporter in Philadelphia, she landed at PointsBet when “I didn’t even know what a point spread was at first,” Dolan tells Sports Handle.

Full story here.

Tennessee Lawmakers Pause Bill To Ban Flex Loans, Sportsbooks In Same Place

A Tuesday Senate hearing on SB 1029, the bill that would make it illegal for a flex-loan lender to also transact cash deposits and withdrawals into sportsbook accounts in the same facility in Tennessee, was “rolled” to next week following introduction and the testimony of one witness.

A mirror bill introduced in the House was initially scheduled for a Tuesday hearing as well, but prior to the Departments and Agencies Subcommittee convening, the bill had been held to next week.

Full story here.

Frozen Funds In Limbo At Suspended Tennessee Sportsbook As Regulator, Operator Spar

Update 6:00 pm ET:  On Tuesday afternoon, TN Action 24/7 processed a withdrawal for nearly $5,000 for the bettor referenced below (funds deposited less the vig on one losing wager), plus $100 as part of a deposit promotion. The sum is expected to be transferred to the bettor’s funding account within 24-48 hours after processing. 

 A sports bettor in Tennessee deposited $5,000 into a TN Action 24/7 account on the day the NCAA men’s basketball tournament began last week — and now he’s not sweating any game, but the fact that his funds are inaccessible in the wake of the sportsbook’s suspension on Friday by state regulators.

Full story here

BetMGM Goes Live With Michigan Online Poker Vertical, Giving Residents A Second Option

PokerStars has some company in Michigan, as BetMGM’s online poker site launched somewhat unexpectedly on Monday in the Wolverine State. The poker platform, branded as BetMGM Poker, is already hyping a Tuesday evening $535 six-max Texas hold’em tournament to usher in the platform.

Only about 20 players were on the platform about an hour after launch on Monday morning, but traffic will pick up dramatically throughout the week.

Full story here

Money Talks — And It Pulls The Strings When Goodell Moves His Mouth About Sports Betting

NFL Commissioner Roger Goodell, March 28, 2017: “I think we still strongly oppose legalized sports gambling. The integrity of our game is No. 1. We will not compromise on that.”

The same Roger Goodell, March 18, 2021: “We’re going to find ways we can engage fans through legalized sports betting.”

Gee whiz, someone sure seems to have changed his tune.

Full story here.