SportsHandle: the week that was in US sports betting

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

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

What Bet365’s Colorado Launch Tells Us About The Company’s U.S. Plans

When bet365 launched mobile operations in Colorado at the start of this month, it certainly raised eyebrows in boardrooms across the sports betting landscape, even in the executive suites of giants like FanDuelDraftKings and Caesars Sportsbook.

Read the full story here

Read The Fine Print: Here’s A Look At The California Ballot

In six weeks, California voters will head to the polls and decide the fate of legal sports betting in the nation’s most populous state. Unfortunately, most of the people heading to the polls don’t care about wagering, legal or otherwise.

Read the full story here

Responsible Gambling In ‘Teenager Position’ As 12-Point Pledge Faces Scrutiny

When asked to assess the state of responsible gambling in America during a Tuesday afternoon panel discussion sponsored by the American Gaming Association, Jaime Costello, director of programs for the National Council on Problem Gambling, replied, “I think we’re at that teenager position. We’ve all sort of figured out where we’re at on our own and are starting to figure out how we can come together.”

Read the full story here

When Betting Longshot Parlays, Line Shopping Is An Absolute Must

If anyone ever sat down and punched out an Elmore Leonard-like “10 Rules For Sports Betting” list (or a Supreme Being-like “Ten Commandments”), I bet the following two rules — in one form or another — would make the list.

  1. Always line shop.
  2. Never bet parlays.

Read the full story here

‘Crazy Eddie’ Antar’s Nephew Sues BetMGM Over Allegedly Costly Casino Glitches

On Wednesday, a New York resident sued BetMGM in New Jersey Superior Court over a series of alleged regulatory violations that stem from his complaints about online blackjack and other casino games repeatedly being disconnected in the midst of play.

Read the full story here

Ask A Bookmaker With Jay Kornegay: Responsible Gambling Is Part Of The Job

The executive vice president of race and sportsbook operations at the Westgate SuperBook, Jay Kornegay has been in the sports betting industry for more than 30 years. After getting his start in Lake Tahoe, Kornegay took his talents to Las Vegas, where he opened the Imperial Palace sportsbook in 1989 before taking the reins of the 30,000-square-foot SuperBook in 2004. A Colorado State University alum whose putting stroke tends to betray him on the back nine, Kornegay has helped navigate the SuperBook’s expansion into multiple states since PASPA was overturned in 2018.

Read the full story here

Remembering Jim Florio, Former NJ Governor And Friend To Casino Industry

Jim Florio, a Democrat who served as governor of New Jersey from 1990-1994, died on Sunday night at age 85.

As the third governor of the state since casino gambling came to Atlantic City in 1978, Florio was seen as more of a friend to the industry than Republican predecessor Thomas Kean. The industry was so eager for Florio to be of assistance that it published a “wish list” of measures just days after the November 1989 election.

Read the full story here

Esports Betting Slow To Gain Footing In New Jersey

An unexpected twist at a tournament held in New Jersey by Esports Entertainment Group in March wound up being symbolic of the challenges the company has faced since it became the first licensed esports betting operator in the US.

Read the full story here