frank-ammirante Page 22 - Sports News, Headlines & Highlights
New York Sportsbooks Post Weak Profit Week Ahead of Christmas
New York’s online sportsbooks posted one of their weakest profit weeks of the season in the days leading up to Christmas, as bettors collectively outperformed the market. State data shows sportsbooks had a 6% hold of $588.6-million handle during the period, marking a notable decline from recent weeks of stronger operator results. BetMGM posted the most challenging results among New ...
Attorneys for Terry Rozier File Motion to Dismiss Federal Sports Betting Charges
Attorneys for Miami Heat guard Terry Rozier have filed a motion seeking to dismiss federal charges stemming from an alleged sports betting scheme, according to court records. The filing challenges the legal basis of the government’s case, arguing that the conduct described does not meet the threshold for federal wire fraud or money laundering violations. The motion to dismiss centers ...
Texas Self-Reports Six NCAA Sports Betting Violations Involving Staff
The University of Texas athletic department has reported six additional NCAA violations tied to sports wagering activity by individuals associated with its programs, according to a recent report. The violations involve prohibited betting on daily fantasy sports platforms, like PrizePicks and Underdog. They were self-disclosed as part of the university’s ongoing compliance and monitoring efforts, adding to a growing number ...
Modo.us Introduces Modo Stars Rewards as Sweepstakes Laws Shift
Modo.us has announced the launch of a new rewards program, Modo Stars, which is scheduled to go live on January 1. It’s the same day that sweepstakes casinos are officially banned in California. To that end, the update introduces a loyalty-style system tied to in-game activity in response to regulatory changes affecting sweepstakes-style gaming, drawing attention to how platforms are ...
Chicago Sports Betting Tax Draws Opposition From Alderman, Industry
Chicago officials are debating a proposed city tax on sports betting, a measure aimed at raising new revenue amid ongoing budget pressures. The proposal has drawn criticism from Alderman Gilbert Villegas, who argues that additional taxation could negatively impact legal wagering activity, causing potential legal and economic challenges. Villegas, who is also the chairman of Chicago’s Economic, Capital, and Development ...
Massachusetts iGaming Faces Delays as Lawmakers Raise Gambling Concerns
Massachusetts lawmakers are weighing whether to expand gambling by legalizing online casino gaming, a move supporters say could generate new revenue but opponents warn may carry social and economic risks. As the debate continues, several influential state officials and industry stakeholders have voiced concerns that could shape the future of iGaming in the state. Rep. David Muradian’s H4431, a proposal ...
Sports Betting Alliance Warns 2026 Chicago Tax Could Disrupt Market
Chicago’s proposed 2026 budget has drawn scrutiny from the Sports Betting Alliance (SBA), which is raising concerns about a new city tax on sports wagering revenue. The industry group says the measure could affect operators within the city. City officials have framed the proposal as a way to help close a substantial budget shortfall, setting the stage for a debate ...
Adam Silver Warns Betting Scandals Threaten NBA Integrity and Fan Trust
NBA Commissioner Adam Silver addressed concerns about league integrity following the emergence of a betting scandal involving Miami Heat guard Terry Rozier and Portland Trail Blazers head coach Chauncey Billups. Silver emphasized the NBA’s commitment to maintaining fair competition. These comments come as federal investigations continue, raising broader questions about the impact of legalized sports betting on professional sports. Speaking ...
NBA Pushes Tighter Player Prop Bet Rules, Raising Bettor Concerns
The NBA is urging gaming companies to tighten rules around player prop bets by capping wager limits and restricting the number of “unders” available for players. This would narrow the pool of eligible players and eliminate bets tied to actions on a single play, which the league views as higher risk. The move comes following the recent NBA betting scandal ...
Poll Shows Americans Growing More Concerned About Sports Betting Expansion
A growing number of Americans are becoming uneasy about the expanding footprint of legal sports betting in the United States, according to new polling data. The findings suggest an increased concern on issues such as problem gambling, exposure to younger audiences, and the broader impact of widespread betting access. A recent survey conducted by The Washington Post in partnership with ...
New Jersey Considers Microbetting Ban Amid Responsible Gaming Concerns
New Jersey lawmakers and gaming regulators are evaluating proposed legislation that would ban microbetting, a fast-growing form of in-game wagering. The discussion reflects broader concerns around responsible gaming in light of a recent scandal in MLB. New Jersey’s Assembly Tourism, Gaming, and the Arts Committee recently held a public hearing on Assembly Bill A5971. The bill, introduced by Rep. Dan ...
New York Weighs Fair Play and Responsible Gaming Sports Betting Bills
New York lawmakers are considering a set of proposed bills that would introduce new consumer protections and marketing restrictions within the state’s legal sports betting market. The measures focus on bettor rights, responsible gaming practices, and limits on how sportsbooks can promote wagering to customers. At the center of the proposed legislation is the Fair Play Act, which seeks to ...
Massachusetts Considers Stricter Rules on Sportsbook Player Limits
Massachusetts regulators are poised to approve new rules that would place limits on how sportsbooks can restrict individual bettors, marking a potential first for the U.S. sports betting industry. The proposed regulations aim to bring greater transparency and consistency to player limits, an issue that has drawn increasing scrutiny as legal sports wagering continues to develop across the country. The ...
States Consider New Limits On Live And Prop Sports Betting
Lawmakers and regulators in several major U.S. sports betting markets are weighing new restrictions on in-play and props betting, signaling continued scrutiny of how legal betting is offered. Proposals under discussion in states such as New York, New Jersey, and Indiana reflect growing concerns around betting integrity and player protections, even as regulated sports wagering continues to expand nationwide. In ...
Chicago Still Considering New Sports Betting Tax to Address Budget Gap
Chicago officials continue to weigh new taxes on sports betting as part of an ongoing effort to close a major budget shortfall. A proposed levy included in an alternative city budget has intensified debate between lawmakers and the gaming industry. Operators warn that higher local taxes could compound existing state and county costs, reshaping the sports betting market in the ...
Trump Considers Changing Federal Taxes on Gambling Winnings
President Donald Trump said he would consider eliminating the federal tax on gambling winnings, raising the possibility of a significant change to how bettors are taxed in the United States. Speaking to reporters, Trump did not outline specific details or a timeline, but framed the idea as part of a broader discussion around tax policy. Under current law, gambling winnings ...
Underdog Ends North Carolina Sportsbook, Fantasy Games Remain Available
Underdog is preparing to shut down its sports betting operations in North Carolina, the only state where its sportsbook is currently active. The company has notified regulators that it will stop accepting wagers on December 16, 2025, and will settle all remaining bets shortly afterward. The exit comes as Underdog pivots its strategy, marking a significant shift in how the ...
VGW Launches LuckyLand Casino Amid Regulatory Pressure
VGW has expanded its social-casino portfolio with the launch of LuckyLand Casino, introducing a new platform that emphasizes table games, live dealer games, and exclusive content developed in-house. The debut marks the company’s fourth active sweepstakes site and comes at a time when operators across the industry are navigating shifting regulatory pressures in multiple states. While VGW continues to adjust ...
Maryland Survey Finds Sharp Rise in Problem Gambling After Online Sports Betting Launch
A new survey from the University of Maryland shows a significant rise in problem gambling since the state legalized online sports betting. The findings are fueling renewed debate over the social impact of expanded wagering access. The survey was conducted by the Maryland Center of Excellence on Problem Gambling at the University of Maryland School of Medicine. They found that ...
Terry Rozier Pleads Not Guilty in Federal NBA Gambling Case
Miami Heat guard Terry Rozier has pleaded not guilty in federal court to charges alleging his involvement in a gambling scheme tied to his on-court performance during an NBA game in 2023. The case is part of a broader federal investigation into illegal sports betting operations connected to professional sports. Rozier is charged with wire fraud and conspiracy to commit ...