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Gambling News - 'Sports'
Sports
June 18, 2024
Barstool’s Boss Portnoy Wins $1.6M on Celtics Parlay Bet with DraftKings
Barstool Sports’ boss and passionate bettor, Dave Portnoy, is recognized for his hefty wagers on major sports events. Earlier this year, the seasoned bettor was able to turn a $600,000 wager into a massive $2.76 million win after the UConn Huskies won against the Purdue Boilermakers. Sharing his excitement via X, formerly Twitter, Portnoy wrote […]
Business
June 18, 2024
Morgan Stanley Thinks Forecasted Buyback Will Boost DraftKings’ Shares
Earlier in the month, Morgan Stanley‘s analyst, Stephen Grambling, and his colleagues spoke about DraftKings’ impressive market growth and well-balanced promotional environment, giving the US-based vertically integrated sports betting operator a favorable outlook. Now, analysts from the same NYSE-listed leading global financial services firm are projecting a strong rest of the year for the operator, […]
Sports
June 18, 2024
Kindred Group Pledges to Responsible Gambling during Euro 2024
Kindred Group, the operator behind a number of successful and popular online gambling brands, reaffirmed its ongoing commitment to responsible gambling amid one of the most awaited soccer competitions for the year, Euro 2024. The exciting tournament kicked off on Friday and is set to continue through mid-July. During that time, Kindred expects to see […]
Sports
June 18, 2024
Young Dutch Adults Consider Sports Betting This Summer, Says Study
Several years ago, in October 2021, the Netherlands legalized online gambling. This paved the way for the expansion of sports betting, which has been gaining popularity across the Old Continent. Last week Friday, the UEFA Euro 2024 kicked off with a match in Munich, Germany. This is the first European Championship Dutch players will be […]
Sports
June 17, 2024
MLB Umpire Opts to Appeal Betting-Related Discipline
Major League Baseball (MLB) announced that it has penalized umpire Pat Hoberg over a gambling violation. According to the league, Hoberg opted to appeal the discipline. The MLB is yet to announce the exact nature of the alleged breach but clarified that it has represented a violation of the league’s gambling rules. The irregularity was […]
Blockchain
June 17, 2024
Drake Could Lose $1M in Bitcoin Bets on Stake
In February, Canadian rapper, songwriter, and singer Drake announced he placed a massive bet on the Kansas City Chiefs to beat the San Francisco 49ers at the Super Bowl. This raised concerns among Chiefs’ fans who were familiar with the so-called “Drake curse.” The latter is a belief that all teams backed by the artist […]
Sports
June 17, 2024
Sergey Pavlovich vs. Alexander Volkov UFC on ABC 6 Odds, Time, and Prediction
Two Russian giants clash in the co-main event of UFC on ABC 6. Sergey Pavlovich is the fighter with the biggest Ape Index, meaning that his arms are much longer than you’d expect based on his height. His opponent, Alexander Volkov is the tallest UFC fighter in 2024, with a height of 6’7. Sergey Pavlovich […]
Sports
June 17, 2024
Denmark vs. England 2024 Euro Odds, Time, and Prediction
After a sort of anemic performance against Serbia, England is no longer such a strong favorite to win the Euro 2024. In fact, some bookies have moved it to the second spot on the favorites list, with France now being the No. 1 favorite. Of course, England can get back there easily with a dominant […]
Sports
June 17, 2024
Betsson Survey Uncovers Insights into Sports Bettor Habits
The leading online gambling company recognized across the globe, Betsson, released a new report, uncovering unique insights about the state of sports betting and daily fantasy sports across the United States. The company’s new report, released in collaboration with SportsHandle and GambleID, is titled “The State of Sports Betting, Mobile Sportsbooks, and Daily Fantasy Sports” […]
Legal
June 17, 2024
BetCity’s Former Owners Contest Entain’s Accusations in Major Lawsuit
The group of former owners for BetCity has responded to recent accusations made by Entain as part of an ongoing legal dispute. In 2022, Entain acquired BetCity before raising concerns about increased bonus costs and the viability of a VAT-exempt structure, claims which the previous proprietors refute. BetCity Claim Undisclosed Investigations Were Known Before Acquisition […]