Latest Sports betting News

Borgata casino unveils $12M sports bet, nightspot project

May. 22, 2019 10:06 AM EDT

ATLANTIC CITY, N.J. (AP) — Atlantic City's Borgata casino is investing $12 million in a new sports betting and entertainment project. Casino officials tell The Associated Press it will open a sports bar and sports betting facility named Moneyline Bar & Book on June 29. The name is a reference to the...

Year after Supreme Court win, New Jersey sports bets thrive

May. 14, 2019 5:06 PM EDT

ATLANTIC CITY, N.J. (AP) — The anniversary of New Jersey's victory in a U.S. Supreme Court case clearing the way for legal sports betting across the nation was a happy one for the state's casinos and racetracks, which reported taking in more than $300 million worth of sports bets for the sixth month in a...

ESPN, Caesars Entertainment ink sports betting deal

May. 14, 2019 1:20 PM EDT

LAS VEGAS (AP) — ESPN viewers will soon start seeing a lot more of casino giant Caesars Entertainment. The companies announced Tuesday a partnership that designates Caesars as the network's official odds data supplier on TV and digital platforms. The companies say Caesars' data and branding will be added...

Betting predictions to be part of Fox Sports analysis

May. 9, 2019 10:45 AM EDT

ATLANTIC CITY, N.J. (AP) — Fox Sports viewers tuning in to some broadcasts this fall will not only see the game, but also will get betting predictions. The network announced a partnership Wednesday night with the parent company of the PokerStars online gambling giant. Fox Sports is buying just under 5% of...

Indiana joins list of states legalizing sports betting

May. 8, 2019 11:59 PM EDT

INDIANAPOLIS (AP) — Sports betting will become legal in Indiana and construction of two new casinos will be allowed in the state under a bill signed by the governor on Wednesday. Republican Gov. Eric Holcomb endorsed the bill on his final day to act on the measure approved by lawmakers after they reached a...

Fox Sports, Stars Group to offer sports betting in deal

May. 8, 2019 8:49 PM EDT

ATLANTIC CITY, N.J. (AP) — A major U.S. sports network is getting into the sports betting game. Fox Sports says it is buying just under 5% of The Stars Group, the parent company of PokerStars, for about $236 million. Both companies will offer real-money sports betting this fall in states where it is legal...

Lottery cuts expectations for sports betting revenue in half

May. 7, 2019 4:01 PM EDT

PROVIDENCE, R.I. (AP) — Sports betting is now expected to bring in about $15 million in Rhode Island in the next fiscal year, half of what state officials had hoped for, the lottery said Tuesday. The new estimate is based on a consultant's report, and Revenue Department spokesman Paul Grimaldi said it's...

Correction: Sports Betting-Montana story

May. 7, 2019 2:46 PM EDT

HELENA, Mont. (AP) — In a story May 3 about legalizing sports betting in Montana, The Associated Press erroneously reported John Iverson's position with the Montana Tavern Association. He is the association's government affairs counsel, not its executive director. A corrected version of the story is below:...

Though future online, casinos pour cash into sportsbooks

May. 4, 2019 12:16 PM EDT

ATLANTIC CITY, N.J. (AP) — Mobile apps might drive the future of sports gambling in the United States, but casinos are still betting big on physical sportsbooks as legal wagering expands to new places. Lounges, bars and other shiny new spaces are giving casinos and other operators a new way to attract...

NCAA rescinds ban on events in states with legal gambling

May. 3, 2019 11:19 AM EDT

INDIANAPOLIS (AP) — The NCAA has rescinded its policy prohibiting championship events from being held in states that have legalized sports gambling. The expected move was announced Friday. After last year's Supreme Court decision that opened the door for states to sponsor legalize sports betting, the NCAA...