frank-ammirante Page 16 - Sports News, Headlines & Highlights
Iowa Sweepstakes Bill Heads to Governor
Iowa lawmakers recently approved Senate File 2289, which expands the authority of the state’s gambling regulators to oversee sweepstakes casinos. The bill is now headed to Gov. Kim Reynolds’ desk. Senate File 2289 specifically expands the authority of the Iowa Racing and Gaming Commission, allowing it to issue cease-and-desist orders and pursue court injunctions against operators offering gambling without state ...
Caesars Bans Credit Card Deposits Across U.S. Platforms
Caesars Digital is removing credit cards as a payment option for all its platforms in the United States. The goal here is to emphasize player safety and prioritize responsible gaming. Caesars joins top operators like FanDuel and DraftKings with this credit card ban. The move is not only to align with competitors, but also get ahead of shifting policies in ...
Colorado Sports Betting Bill Targets Problem Gambling
Colorado lawmakers have advanced new legislation past the Senate. The bipartisan bill, SB26-131, proposes measures to help with problem gambling, as regulators respond to addiction concerns. The proposed legislation introduces the following policies: Deposit limits: Bettors would be restricted to six deposits within a 24-hour period, which aims to deter impulsive betting behavior. Credit card restrictions: The bill seeks to ...
Caesars Digital Increases Year-over-Year Revenue for Q1
Caesars Entertainment, Inc. reported Q1 2026 results showing $2.9 billion in revenue (up from $2.8 billion last year) and Adjusted EBITDA of $887 million (up from $884 million year-over-year). They also posted a net loss of $98 million (up from $115 million last year). Growth was driven by Caesars Digital, reporting $376 million in revenue, an increase from $335 million ...
Tennessee Sweepstakes Casino Ban Heads to Gov. Bill Lee
Tennessee lawmakers are officially cracking down on sweepstakes casinos after Senate Bill 2136 and House Bill 1885 were recently approved. It was by a wide margin, with the House voting 69-17 to ban sweepstakes casinos. The legislation now goes to Governor Bill Lee, who can decide whether to sign it into law or reject the measure. Tennessee lawmakers define online ...
NCAA Betting Scandal Raises Game Integrity Concerns Amid Sports Betting Expansion
An investigation recently released by the NCAA detailed how a suspected gambling operation, now facing federal charges, allegedly posed as NIL representatives to contact players. Their goal was to influence a 2024 men’s basketball game involving Fordham Rams. Former Fordham Rams players Elijah Gray and Will Richardson were accused of interacting with individuals tied to sports betting, along with a ...
Arkansas Sports Betting Surges as DraftKings, FanDuel Enter Market
DraftKings and FanDuel’s entry into Arkansas’ online sports betting market has produced immediate results. Alongside BetSaracen, the state’s three mobile operators generated a combined $86.6 million in wagers during March, representing a 40% year-over-year increase, setting a new monthly record. Notably, DraftKings and FanDuel contributed more than 60% of the total handle, despite being live for only the final 12 ...
Brendan Sorsby Gambling Investigation: Texas Tech QB Faces NCAA Penalties
Texas Tech quarterback transfer Brendan Sorsby has entered a residential treatment program to address a gambling addiction. The case reflects how the continued expansion of sports betting can result in problem gambling for athletes as well. Sorsby checked in to address his problem gambling after it was revealed that he placed thousands of online wagers across multiple sports using a ...
DraftKings Early Exit Hits One Million Refunds
DraftKings recently announced that its “Early Exit” policy hit a milestone, with 1 million customers having their bets refunded when a player exited early due to injury. With features like Early Exit, DraftKings aims to continue to establish itself as an industry leader as an operator that consumers trust. Prop betting has become extremely popular among sports bettors. Most recreational ...
SBA Contributes Over $2 Million to Alabama Sports Betting Effort
The Sports Betting Alliance (SBA) is an advocacy organization for U.S. sports betting, composed of leading operators like FanDuel, DraftKings, bet365, BetMGM, and Fanatics. Over the last year, the SBA has provided $2.3 million to Alabama political action committees. Right now, Alabama sports betting is illegal, with no licensed online or retail sportsbooks operating in the state. Even broader gambling ...
PENN iGaming Strategy Shift: Impact on Sports Betting
PENN Entertainment recently had its Q1 2026 earnings call, where it highlighted iGaming as its primary driver for growth, as online casino revenue continues to outperform sports betting. PENN Entertainment’s Q1 2026 growth was driven by a 15% year-over-year increase in iCasino revenue, significantly outpacing the 5% rise in online sports betting revenue. This gap highlights the stronger consistency and ...
Senate Rejects Oklahoma Sports Betting Bill
House Bill 1047 failed to pass the Oklahoma Senate by a 27-21 vote, effectively rejecting the proposal for regulated sports betting in the state. HB 1047 was rejected despite receiving support from the NBA’s Oklahoma City Thunder and the Oklahoma Indian Gaming. This bill would have given access to tribes to partner with operators to run in-person and mobile sports ...
Sports Betting in Hawaii Gaining Momentum
The Tourism and Gaming Working Group is studying Hawaii sports betting, with a recent meeting discussing a recommendation for creating a regulated market within the state. The group outlined the economic benefits of sports betting for the state, with plans to turn in their findings before the 2027 legislative session. The working group’s discussions highlighted several potential economic advantages tied ...
Louisiana Anti-Sweeps Bill Gains Momentum
Louisiana House Bill 53 went through the Legislative Bureau. It’s expected to get its third reading in the Senate within the next week. The bill aims to classify sweepstakes casinos as racketeering, which would allow stricter enforcement. It’s the latest example in the current nationwide crackdown on these platforms. If HB 53 passes the Senate, it will head to Gov. ...
Colorado Removes Prop Bet Ban from SB 131
Efforts to ban prop bets in Colorado have been rejected. On Tuesday, legislators voted to remove a proposed ban on prop bets from Senate Bill 131, which is a broader measure aimed at reforming sports gambling regulations. Prop bets have become extremely popular in sports betting. Players often combine them into parlays for larger payouts. Given their popularity, industry operators ...
Oklahoma Sports Betting Bill Advances with Tribal, Thunder Backing
Oklahoma lawmakers Sen. Bill Coleman and Rep. Ken Luttrell have reached an agreement with the Oklahoma City Thunder and the Oklahoma Indian Gaming Association to advance House Bill 1047 for Oklahoma sports betting. The proposal would allow both in-person wagering at tribal casinos and statewide mobile betting through tribal partnerships. It is expected to be voted on in the Senate ...
Maryland Sweepstakes Casino Ban Fails as HB 295 and HB 1226 Stall
Maryland lawmakers declined to advance two bills aimed at banning sweepstakes casinos: House Bill 295 and House Bill 1226. This came after both measures stalled in the state Senate before the legislative session ended earlier this month. Both bills, which were backed by the Maryland Lottery and Gaming Control Agency, had previously passed the House with strong bipartisan support but ...
New Survey Signals Need for Emphasis on Responsible Gaming
A new survey, known as the American Sports Fanship Survey, highlights the increasing popularity of sports betting in the United States. This survey included over 3,000 respondents. It was conducted by the Siena Research Institute and St. Bonaventure University’s Jandoli School of Communication. The data found that 52% of men under 50 have at least one betting account. It shows ...
FanDuel Launches Bet Protect+
FanDuel has launched a new feature that allows bettors to insure player prop wagers against in-game injuries, known as Bet Protect+. This involves users paying a small additional charge at 3% of the total stake (a $3 fee on a $100 wager) to safeguard their bets if a player exits a game early due to injury. When the protection is ...
DraftKings and FanDuel Fund Nebraska Sports Betting Initiative
DraftKings and FanDuel have each contributed more than $1 million to the “Tax Relief Nebraska” campaign, a ballot initiative aimed at helping to legalize sports betting in the state. Several other operators have stepped up their financial support in Nebraska’s push to legalize sports betting. In addition to contributions from FanDuel and DraftKings, support for the “Tax Relief Nebraska” campaign ...