Latest Sports betting News

Colleges mull pushing for share of legal wagering proceeds

Aug. 20, 2018 2:08 AM EDT

Concerned that expanded sports gambling will bring additional costs for ensuring their games are on the up-and-up, college athletic departments are looking for a way to get a piece of the action. A U.S. Supreme Court decision in May allowed states across the country to join Nevada in having legalized sports...

New Jersey takes in $40.6 million in sports bets in July

Aug. 14, 2018 7:46 PM EDT

ATLANTIC CITY, N.J. (AP) — Sports betting is off and running in New Jersey, with three casinos and two racetracks taking in $40.6 million in wagers in July, the first full month it was legal. Those figures were part of a report that showed that Hard Rock debuted as Atlantic City's No. 3 casino in terms of...

The Latest: 6th Atlantic City casino to offer sports betting

Aug. 14, 2018 7:25 PM EDT

ATLANTIC CITY, N.J. (AP) — The Latest on New Jersey's expanding sports betting market (all times local): 7:15 p.m. Atlantic City's Golden Nugget casino will become the sixth in New Jersey to offer sports betting. State Division of Gaming Enforcement Director David Rebuck says he has approved the Golden...

NCAA injury debate pits player privacy vs. gambling concerns

Aug. 10, 2018 3:22 PM EDT

NEW YORK (AP) — Indiana safety Jonathan Crawford is very clear about what he thinks of colleges releasing information on player injuries. "No," he said. "Especially if I have no say in it, I wouldn't want my personal business out there." The U.S. Supreme Court's decision that allows states to legalize...

Like competitors, MGM Resorts expects week third quarter

Aug. 2, 2018 3:59 PM EDT

LAS VEGAS (AP) — Industry analysts grilled MGM Resorts International executives Thursday after the company forecast weak results for the current quarter because — just like its competitors — it expects fewer scheduled entertainment events and lower room rates in Las Vegas this summer....

Column: Bookies go from pariahs to partners in NBA deal

Aug. 1, 2018 4:26 PM EDT

LAS VEGAS (AP) — As revenue goes it barely registers on the books. The NBA probably gets more from the contract with its frozen daiquiri vendor than it does the new deal it inked with casino giant MGM Resorts International. With good reason. The deal announced with such fanfare Tuesday is arguably little...

The Latest: 2 firms OK'd for Jersey online sports betting

Aug. 1, 2018 3:38 PM EDT

ATLANTIC CITY, N.J. (AP) — The Latest on the rapid expansion of sports betting in New Jersey (all times local): 3:30 p.m. Resorts Casino Hotel and DraftKings have received approval to become the first companies to offer online and mobile sports betting in New Jersey. The New Jersey Division of Gaming...

Resorts-DraftKings approved for Jersey online sports betting

Aug. 1, 2018 3:36 PM EDT

ATLANTIC CITY, N.J. (AP) — Resorts Casino Hotel and DraftKings on Wednesday received approval to become the first companies to offer online and mobile sports betting in New Jersey. The state Division of Gaming Enforcement gave approval to the casino and its Boston-based online partner to launch an...

NBA strikes deal with MGM Resorts to provide data to bettors

Jul. 31, 2018 4:09 PM EDT

NEW YORK (AP) — The NBA and WNBA will now share official data with MGM Resorts International, a major win for the leagues as they prepare for the anticipated growth of sports betting across the country. The Las Vegas-based casino giant will pay the NBA for that data to use in determining outcomes of...

NHL Commissioner says league wants cut of gambling action

Jul. 31, 2018 11:48 AM EDT

NHL Commissioner Gary Bettman says the league wants a cut of gambling profits if its intellectual property, data or video from games are used. Bettman tells guest host Larry Lage in the in the latest episode of "PodcastOne Sports Now" those who want to conduct gambling business with NHL assets will need to...