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

Sports Betting Regulators Seek Proactive Response To Cyber Hacks At DraftKings

Over the course of his 12-year professional career, Josh Chin has broken into banks and high-stakes lotteries, infiltrating sophisticated networks that appear reasonably secure to the common employee.

“I’ve walked away a billionaire several times over. Sadly, I had to give the money back,” Chin told an assembled crowd of gaming experts last week in Las Vegas, drawing laughter from the audience.

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Why MLB And In-Play Betting Might Be The Perfect Marriage

Chris Bevilacqua doesn’t have to work his imagination too hard to see a future where a fellow New York Yankees fan experiences a ballgame in an entirely novel way.

Perhaps he or she pulls up the game on their YES Network or DraftKings app, watches an inning or two of a low-latency stream while automated odds powered by Bevilacqua’s company, SimpleBet, scroll across the bottom of the screen. Every 15 seconds or so (now that Major League Baseball is adopting the pitch clock next season) comes an opportunity for fresh action.

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Gadoon ‘Spanky’ Kyrollos Spanked Off Sporttrade Due To Bally’s Ban

For most American sportsbooks, the motto is, “If you can’t beat ‘em, limit ‘em.”

And if you can’t limit ‘em? Well, if Gadoon “Spanky” Kyrollos is to be believed, you gin up some concerns about money laundering and outright ban ‘em.

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ChatGPT Sits Down To Answer Some Questions About Gambling, God, And Dogs

Unless you’ve been living under an (artificial intelligence-designed) rock over the last week or so, you’ve undoubtedly heard about ChatGPT, an artificial intelligence chatbot that picked up more than a million users in its first week of release.

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Ask A Bookmaker With Jay Kornegay: Despite Sketchy Bout, UFC Maintains Appeal

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.

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PokerStars Prepping To Pool Its Michigan, New Jersey Players

PokerStars customers in Michigan and New Jersey are going through a little short-term pain for long-term gain early this week as the operator prepares its sites for multi-state liquidity.

PokerStars USA tweeted what it termed an “important announcement” Sunday for the benefit of its Michigan and New Jersey players, dangling the prospect of a “major upgrade” for online poker players after the site is shut down for maintenance in the two states Monday and Tuesday:

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Wagering In Florida In 2023? Judges Seem Split After Oral Arguments

The Indian Gaming Regulatory Act is generally interpreted as governing gaming on tribal lands and gives tribes across the U.S. the right to offer it. In addition, Hamish Hume, an attorney for a pair of Florida parimutuels, said U.S. law defines the location of gambling as where the bet is placed and accepted.

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New York (Again) Sets Monthly Sports Wagering Revenue Record

The New York State Gaming Commission reported $149.2 million in overall sports wagering revenue for November, the third consecutive month the Empire State has set an all-time record in monthly operator revenue.

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Ohio Commission Approves Operators, Issues Fine To Barstool Sportsbook

The Ohio Casino Control Commission approved four more operators for mobile sports betting licenses Wednesday — including Bally Bet and Underdog Sportsbook — ahead of the state’s legal sports betting launch on Jan. 1

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