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.

Sportradar-FanDuel-NBA Deal May Not Be So Great For Bettors

In late October, Sportradar and FanDuel announced a partnership with the NBA that will extend well into the next decade.

Basically, the tech company will be providing the sportsbook with data about the sports company. Nothing to see here.

Read the full story here

California Voters Slam Door On Sports Betting

California tribes have a strong belief that they are the caretakers of gaming in the nation’s largest state and that people across the state embrace a similar sentiment. Strip away the technology, the negative advertising, and all the other noise, and it turns out that what sounds like an old-fashioned value is, in fact, still true in the modern world.

Read the full story here

What’s Next For Sports Betting At Fox Sports After Fox-Flutter Arbitration Ruling?

Last week, a New York arbitration court issued a ruling in a high-profile case between Flutter and Fox Corp., one that garnered considerable attention from investors despite the late Friday evening news dump.

As with many arbitration cases, both sides claimed victory in the longstanding dispute. Under the ruling by New York’s Judicial Arbitration and Mediation Services (JAMS), Fox retained the right to purchase an 18.6% equity option in FanDuel Group for $3.72 billion, with a 5% annual escalator. With the escalator, the value of the option rose to $4.1 billion as of Nov. 4, Flutter wrote in a statement.

Read the full story here

Need Advice Making Picks? SoBet Offers One-Stop Shopping For That

When Cooper Lycan was finished with his military commitment, he did what any good West Point graduate would do: retired to start his own business.

Read the full story here

New York Jets Urge Court To Appoint Receiver For Fubo Gaming Sponsorship Fee

The New York Jets have asked a Delaware Chancery Court to appoint a receiver for Fubo Gaming Inc. in regard to the collection of a seven-figure sponsorship fee that is allegedly overdue by more than a month.

Read the full story here

Mattress Mack Tackles Responsible Gambling, To Mixed Ends

A $75 million sports wagering win can buy you lots of things, but one of them is not instant expertise in the gambling space.

Read the full story here

Ask A Bookmaker With Jay Kornegay: Second-Tier Sports — What’s Crackin’ And What’s Lackin’

Welcome to US Bets’ recurring “Ask a Bookmaker” column, which answers many of the common (and uncommon!) questions gamblers and enthusiasts have about how sportsbooks operate in the modern age of sports betting.

Read the full story here

Virginia Tech Player Reveals Sports Bets Led To NCAA Suspension

Virginia Tech linebacker Alan Tisdale missed the first six games of the Hokies’ 2022 season. Speculation as to why the redshirt senior defender was deemed ineligible by the NCAA ended Thursday, when The Athletic reported that Tisdale was suspended for wagering on NBA games over the summer. 

Read the full story here