Latest Sports betting News
Bills might be better, but Chiefs are favored for a reason
LAS VEGAS (AP) — The Chiefs are slight favorites to beat the Bills on Sunday and get a shot at winning an unprecedented third consecutive Super Bowl. But that doesn't mean Kansas City is the better team. “I agree with that,” CBS SportsLine handicapper Bruce...
Latest NFL season highlights financial risks for sports betting companies when so many favorites win
NEW YORK (AP) — It’s been a tough football season for sports books. FanDuel and its key rival DraftKings have both showed investors that the house can indeed lose, or at least lose more than anticipated. Flutter Entertainment, which operates FanDuel and dominates...
Barnes wins San Vicente Stakes as trainer Bob Baffert goes 1-2 in Kentucky Derby prep at Santa Anita
ARCADIA, Calif. (AP) — Barnes defeated stablemate Romanesque by 5 1/2 lengths to win the $200,000 San Vicente Stakes for Hall of Fame trainer Bob Baffert in a field of Kentucky Derby hopefuls on Saturday at Santa Anita. Ridden by Juan Hernandez, Barnes ran seven furlongs in 1:22.15...
As California tribes sue their gambling rivals, cities could be the losers
On their first opportunity since a new law took effect Jan. 1, seven casino-owning Native American tribes filed suit in Sacramento County Thursday against dozens of California card rooms, opening a new front in one of last year’s most expensive political battles. Now, millions of dollars of tax...
Jockey Flavien Prat takes Mathis Mile at Santa Anita for record 56th graded stakes win of the year
ARCADIA, Calif. (AP) — Flavien Prat won the $200,000 Mathis Mile Stakes at Santa Anita on Thursday, the French jockey’s record-setting 56th graded stakes victory of the year. Prat broke the old mark of 55, set by Hall of Fame jockey Jerry Bailey in 2003. “It is...
New Jersey fines firms $40K for sports betting violations
ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have handed out $40,000 in fines to two sportsbooks and a tech company for violations that included taking bets on unauthorized events, and on games that had already ended. In information made public Monday, the New Jersey...
Scandals, some changes in public perception highlighted the year for sports betting
In the six years since the U.S. Supreme Court cleared the way for states to offer sports betting, each successive year has set a record for the amount of money wagered legally. Another new high-water mark of close to $130 billion is expected by the end of 2024. It coincides with...
New Jersey fines sports betting firms for taking bets after games had already ended
ATLANTIC CITY, N.J. (AP) — It doesn't happen all that often, but when it does, it can seem like a dream come true for sports gamblers: being able to bet on a game after it has already ended. And it has happened again in Atlantic City, where a sportsbook has been fined for taking...
Jockey Flavien Prat wins Remsen to set record with his 80th stakes victory of the year
NEW YORK (AP) — Flavien Prat notched his 80th stakes victory of the year on Saturday, winning the $250,000 Remsen at Aqueduct to set the single-season record. The French jockey guided Poster to a nose victory in the 1 1/8 mile race for 2-year-olds. Prat broke the...
Sports betting wins narrow approval in Missouri after high-dollar campaign
JEFFERSON CITY, Mo. (AP) — Fans in Missouri will be able to bet on sports next year as a result of a ballot measure that barely passed despite getting help from record-setting spending and the state's professional teams. State election officials on Thursday certified that the...