Tennessee Sports Betting Starts Strong With 3 More Sportsbooks Pending

DraftKings, FanDuel and BetMGM all recorded more in total handle during Tennessee’s Nov. 1 sports-betting launch than each had on any other states’ opening day. Tennessee’s four legal

Ryan Butler
Nov 16, 2020 UTC

Billy Walters Files Lawsuit Alleging Federal Agents Leaked Stories to the Media

Famed sports bettor Billy Walters, who was convicted of insider trading back in 2017, contends that the federal government illegally leaked information to the media. Walters says that FBI agents

Darren Rovell
Oct 22, 2020 UTC

Bettor Sells $434K Open Parlay Ticket For $3K on PropSwap

Before moving from New Jersey to Atlanta, 26-year-old Ryan Wright went to the Meadowlands and put down $40 on one of his crazy parlays. He took the Kansas City Chiefs

Darren Rovell
Aug 14, 2020 UTC

MLB Announces Its Plans to Return (Seriously)

When Will Sports Return? The Latest News… Tuesday, June 23: After some contentious negotiations and plenty of posturing from both MLB owners and the players union, the two sides

Scott T. Miller
Jun 23, 2020 UTC

Legalization Tracker: The 3 States with a Chance to Legalize Sports Betting in 2020

Updated on May 29, 2020 It’s been nearly two years since the Supreme Court struck down the federal ban on sports betting, allowing states to legalize it if they

Darren Rovell
May 29, 2020 UTC

$900,000 Mike Trout Rookie Card Highlights Record-Breaking Auction

The huge prices being paid for sports memorabilia continued on Wednesday as the first stage of a rescheduled auction closed. The highest-priced item in the auction, conducted by Goldin Auctions,

Darren Rovell
May 21, 2020 UTC

Following Earnings Call, DraftKings Stock Price Continues to Rise Despite COVID-19 Uncertainty

DraftKings stock again soared Friday after company executives boldly proclaimed that they didn’t foresee the COVID-19 crisis and the lack of sports hurting their fiscal 2021 revenue. That, combined

Darren Rovell
May 15, 2020 UTC

DraftKings Shares Skyrocket on News of George Soros Investment

Shares of DraftKings exploded on Tuesday after news dropped that billionaire investor George Soros bought 2.7 million shares of DKNG last week through an investment vehicle managed by his

Darren Rovell
May 12, 2020 UTC

DraftKings Stock Price Hits All-Time High As Market Remains Bullish on Company’s Long-Term Future

Despite a lack of games to bet on, the stock market is very bullish on sports gambling. DraftKings, which is now live in five states after launching its mobile sportsbook

Darren Rovell
May 6, 2020 UTC

March Sports Betting Handle Declines 76% in Nevada

Numbers published by the Nevada Gaming Control Board on Wednesday showed just how much the shutting down of sports affected the state’s sportsbooks last month. The total amount of

Darren Rovell
Apr 29, 2020 UTC

DraftKings Shares Jump 15% in First 30 Minutes of Trading

You can now bet on DraftKings … as a company. The sports betting and daily fantasy operator, which was combined with betting tech platform SBTech to create a first-of-its-kind entity

Darren Rovell
Apr 24, 2020 UTC

Buck Naked: Adult Website Grabs Spotlight with $1M Offer to Play-by-Play Legends

An adult website’s offer to Joe Buck went viral Friday morning, when the company offered the announcer $1 million broadcast sexual acts on their live cameras. Buck responded to

Darren Rovell
Apr 17, 2020 UTC

Tennessee Sports Betting Could Be Live by July: Rules Mandate 10% Hold Percentage for First Time Ever

Tennessee expects to go live with legal online sports betting as early as July 2020, sources tell The Action Network. It’s been a long road to getting the

Scott T. Miller
Apr 16, 2020 UTC

Rovell: 9 Things We Learned from DraftKings' Public Filing

DraftKings is one step closer to becoming a publicly listed company. The Security and Exchange Commission (SEC) has approved DraftKings’ registrations statement, and shareholders will hold an April 23

Darren Rovell
Apr 15, 2020 UTC

Rovell: As Expected, New Jersey Betting Handle Tumbles in March

New Jersey reported its betting handle for March at $181.9 million, a 65% drop from the state’s six-month trailing average and its lowest handle since Sept. 2018, the

Darren Rovell
Apr 15, 2020 UTC
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