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.

2022 In Review: The Empire State’s Mobile Leviathan Arises

As the first of the four large “Holy Grail” states to expand into mobile sports wagering, there was plenty of pressure on operators and bettors in New York a year ago to meet expectations once it became clear that then-Gov. Andrew Cuomo would legalize it — even if it would not be his preferred state-run monopoly via lottery.

Read the full story here

Good News About Sports Wagering: Bettors Have More Friends!

From the corner bookie to offshore sportsbooks to films about how good people get sucked into bad situations, sports betting gets a bad rap. And last month, that reputation took yet another hit when The New York Times released a series that painted the industry as the latest scourge sweeping America.

Read the full story here

Sunday Ticket Battle Highlights Intersection Of Streaming And Sports Betting

As the new year approaches, a transformative deal that was initially scheduled to be announced in the fall could instead become a shiny Christmas present for a major tech company.

Over the summer, NFL Commissioner Roger Goodell indicated that a decision regarding a new Sunday Ticket package would be made at some point in the fall. Although talks have now bled into winter, the deal is expected to be extremely lucrative for the NFL considering that the league is seeking somewhere around $2.5 billion annually.

Read the full story here

Duck, Duck, Go: Oregon Grads Bet It All On Twitter Spaces

Nic Robinson was a sapling of a lad when he started helping his dad out with fantasy sports. In this role of dream-team consultant, young Nic contributed to his own college fund, earning a slot as an undergrad (and eventually grad) at the University of Oregon, where he studied sports business and journalism.

Read the full story here

FanDuel First In U.S. To Offer Shared Wallet For Sports And Horse Betting

Ever since sports wagering became an option for states beyond Nevada to legalize in 2018, industry observers have been predicting that bettors would eventually be able to wager on horse racing and sports like football and basketball side-by-side through a single account. It just made too much sense for all of the involved parties — especially the parimutuel horse racing industry, which had to have been suffering from a palpable fear of getting nudged into the dust bin by the widespread availability of gambling on sports with simpler odds and broader popularity.

Read the full story here

A Deeper Look At New York’s Powerful Casino Location BoardA Deeper Look At New York’s Powerful Casino Location Board

Investor and restaurateur Ken Sturm has been doing business in Times Square for more than three decades. The owner of Bacall’s Steakhouse on West 44th Street and the world-famous Ellen’s Stardust Diner (named after his mother) on Broadway and 52nd Street, Sturm has seen what the pandemic has done to the heart of Manhattan.

Read the full story here

Caesars And PointsBet Make Headway In PA Sports Betting As Others Decline

Most of the attention focused on digital sports betting in Pennsylvania flows around the big four — FanDuelDraftKingsBetMGM, and Barstool Sportsbook, in that order — that collectively represent about 85% of the betting volume every month.

Read the full story here