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Category Archives: Sportsbook

Two More Tennessee Sportsbooks Could Be Approved Next Week – Legal Sports Report

Posted: August 28, 2021 at 11:56 am

It sounds like a pair of Tennesseesportsbooks will have a chance to launch in time for the start of the football season.

The Tennessee Education Lotterys sports wagering committee will meet next Tuesday to consider applications for two operators and one supplier. The regulator gave notice to three operators earlier this month that their application reviews were complete.

The TEL is still in charge of approving operators as the Sports Wagering Advisory Council continues its transition to regulator of online sports betting in Tennessee.

Aside from the companies on next weeks agenda, the TEL is working on applications for four sports betting operators and five suppliers.

One of those operators should be Penn Nationals Barstool Sportsbook. Penn expected five states to go live before the start of the NFL season:

Tennessees seven online sportsbooks were not immune to the slow July sports schedule.

Handle fell 17.2% from June to $144.5 million in July, according to the state report. Thats the lowest point since the $131.4 million bet last November when the market went live.

Taxable sports betting revenue was $13.4 million, which led to $2.8 million in taxes.

Handle is down 23.3% compared to June across the 13 US sports betting jurisdictions that have reported July figures so far. Revenue is down even more at 25.6%.

The work to take over as TNs sports betting regulator continues for the SWAC, which updated a few of its initiatives at Tuesdays meeting.

The search for an executive director is ongoing. There were close to 50 applications, councilmember Mike Keeney said.

The three-person search team cut that list down to nine applications. Final interviews for the executive director will happen during a public meeting.

Councilmember Tom Lee also updated the full council on the rulemaking committees work as the SWAC needs to promulgate rules before it can take over as regulator. There will be an informal public comment opportunity at the next meeting Oct. 5, which could be the first time the proposed rules are released.

The biggest proposed change involves the perplexing mandatory 10% hold, but it does not make it any more daunting for operators. Lee proposed checking operators once a quarter instead of annually for compliance to the mandatory hold.

That might not be enough to make operators care. The maximum fine is $25,000, meaning operators could be fined up to $100,000 annually for not adhering to the hold. The additional $75,000 will likely be seen as the cost of doing business for most operators in the market.

The markets hold since January is 8.8%.

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NASCAR Best Bets: Motorsports Picks, Odds to Consider on DraftKings Sportsbook for the FireKeepers Casino 400 – DraftKings Nation

Posted: August 20, 2021 at 5:54 pm

Last week at Indianapolis, Best Bet Motorsports Pick, A.J. Allmendinger, pulled off the win at +2000 odds. This week, there could be another surprise winner and Best Bets readers could earn another hefty payout. Find out why Michigan might not be a great race to bet the favorites.

Place your NASCAR bets on DraftKings Sportsbook and bet online by downloading the DraftKings Sportsbook app.

If this race is a calm and peaceful lap-turner, then the favorites will likely win, but there are two ways that the favorites do not win at Michigan. The first scenario involves Ryan Blaney and this can be green-flag race it does not require caution flags or volatility. Blaney has a lot better chance of winning this race than his odds indicate. Michigan is a flat-out full throttle race track. The high speed tracks are where Blaney excels. Last year, Blaney finished fourth in the Saturday Michigan race. He led the second-most laps (27) and he ran the third-most laps inside the top 5 (58%). In the Sunday race, Blaney started 17th, and with a great restart, he took the lead on lap 92. Unfortunately, on lap 96, his teammate, Brad Keselowski, ran out of talent and wrecked Blaney while attempting to pull a stupid move. Michigan is a Blaney track and he should be a favorite.

Now, lets get weird. The second scenario where a favorite does not win is if Michigan is Michigan. This isnt really all that weird, it just sounds weird to pick Matt DiBenedetto. The high downforce, low horsepower package has wreaked havoc on this sport. The approach at intermediate tracks is completely different drivers have to get everything they can on restarts. Michigan is possibly the worst track in this package for the drivers, but the favorite of the TV executives. After a restart, the cars hug the wall and go nowhere. The drivers hate this style of racing and the executives are not crazy about it either, but the inability to pass during green-flag runs creates pandemonium on restarts the executives love this. Last year, the Saturday Michigan race ended with a series of cautions and wild restarts. When the dust settled, the favorite, Kevin Harvick, was victorious, but it could have easily gone the other way. Matt DiBenedetto is one of the best restarters in the high downforce, low horsepower package and hes desperate for a win. In previous seasons, DiBenedetto was desperate, but he never publicly admitted that he was willing to accept a ride in an Xfinity car until the season. If he does not win this season, it might be his last season. There are only a couple races left where DiBenedetto has a shot at a win, and Michigan is one of them and he knows it. Some bets are more than happy to play it safe and settle for a top 5 finish. On the final restart, DiBenedetto is checkers or wreckers.

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Speaking of desperation, Brad Keselowski has never won at his home track in Michigan. He wants this win more than any other, and this is likely his last shot. When he moves to Roush, hes not winning any races. Excluding plate races, Roush hasnt won a race since 2014! Keselowski is desperate like DiBenedetto, but he has a much better car. On restarts, Keselowski has been just as good as DiBenedetto, but the statistics are hard to rely on due to their circumstantial nature. Proof of his restart prowess is his second place finish in the Saturday Michigan race last season. A driver must be good on restarts in order to earn a top-5 finish at Michigan because green-flag passing is so difficult. On Sunday, Keselowski was again battling for the win, but desperation kicked in, and his foolish attempt to pass for the lead resulted in a DNF for him and his teammate.

If this race is not crazy or the restarts are little more calm like the Sunday Michigan race last season, then Austin Dillon should be able to handle Ross Chastain. RCR and CGR have alliances with Hendrick Motorsports, but the RCR connection is more pronounced and RCR has been able to routinely perform at high downforce, low horsepower tracks where as Ross Chastain has not. The last high downforce race seems like a life time ago. In that Atlanta race, Ross Chastain finished 23rd and Austin Dillon finished 12th. In the race before that, Ross Chastain suffered an engine failure at Charlotte. In this package at intermediate tracks, Dillons average finish is 10th and Chastains is 22nd.

Place your NASCAR bets on DraftKings Sportsbook and bet online by downloading the DraftKings Sportsbook app.

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All betting odds provided by DraftKings Sportsbook and all odds subject to change.

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL).

Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA/MI), 1-800-9-WITH-IT (IN), 1-800-522-4700 (NH/CO), 1-800-BETS OFF(IA), 1-888-532-3500 (VA) or call/text TN REDLINE 1-800-889-9789 (TN).

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I am a promoter at DraftKings and am also an avid fan and user (my username is greenflagradio2) and may sometimes play on my personal account in the games that I offer advice on. Although I have expressed my personal view on the games and strategies above, they do not necessarily reflect the view(s) of DraftKings and I may also deploy different players and strategies than what I recommend above. I am not an employee of DraftKings and do not have access to any non-public information.

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NASCAR Best Bets: Motorsports Picks, Odds to Consider on DraftKings Sportsbook for the FireKeepers Casino 400 - DraftKings Nation

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Jay-Z rolls dice to open New York sportsbook, partners with Fanatics – Page Six

Posted: at 5:54 pm

Hes in an Empire State of mind.

Jay-Z is making a move to open a sportsbook in New York, sources confirm to Page Six.

The music mogul and Roc Nation founder, 51, has partnered with Michael Rubins Fanatics to make a bid with the New York State Gaming Commission as it prepares to open up mobile sports betting next year.

As part of the plan, Jay-Z will serve as vice chairman and be on the board of directors of a new Fanatics Betting & Gaming entity. His role as an executive was revealed in redacted documents released last week by the New York State Gaming Commission regarding the bids, but were told his name as a potential license holder was blocked out.

According to the documents, the Grammy-winning rapper and the Fanatics group are bidding against competition including a consortium of FanDuel, DraftKings, Ballys and BetMGM. Other groups include Caesars Sportsbook.

According to the redacted documents, the Fanatics Betting & Gaming executive team would have Matt King as CEO. He was formerly the CEO of betting giant FanDuel.

Sources said that Jay-Z has a strong hand as the only African American investor to appear on the gaming licenses submitted to the state. Hes also one of the only names with such close ties to New York.

A source told Page Six, Hes a native New Yorker, and Roc Nation is a diverse company. Jay-Z is New York.

The revelation comes after Jay-Z and Roc Nation last week were among new investors in sports apparel giant Fanatics, which secured $325 million in order to expand and is now valued at $18 billion. According to Bloomberg, Rubin is seeking to expand his company beyond sports apparel into gaming, ticketing and media.

The redacted documents said that Jay-Z and Roc Nation would help [Fanatics gaming division] attract new customers, engage existing sports bettors and expand the overall footprint of the Fanatics sportsbook.

Sources said that the new Fanatics partnership with the Big Pimpin' performer would be headquartered in NYC and would also expand its betting biz to other markets.

The Fanatics bid also includes sports betting tech company Kambi.

According to reports, the New York online sportsbooks are aiming for an early 2022 launch, and the bids would be chosen by December. Reports also said that the gaming commission has to pick at least two of the groups vying for the licenses. Other sources told Page Six that the commission must pick at least four of the bidders.

Its the latest business move for Jay-Z. We reported that he sold off a stake in his Champagne brand, Armand de Brignac, to Mot Hennessy earlier this year. He also owns DUss cognac and is on the board of Square after it bought his streaming service, Tidal.

Page Six most recently reported that Jay-Z was hiring 100 staffers to reopen his 40/40 Club in Manhattan and will celebrate the club 18th anniversary this month.

A rep did not immediately comment.

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DraftKings Sportsbook Is Now A Partner With Baltimore Ravens – Legal Sports Betting

Posted: at 5:54 pm

BALTIMORE Maryland has a regulated sports betting market that has yet to go live but that hasnt stopped DraftKings from getting a jump on entering the industry by partnering with the Baltimore Ravens. The sports gaming conglomerate announced this new development on Wednesday. They are now the official sportsbook for the Baltimore Ravens as well as being their DFS partner.

Regulated sports betting in Maryland still has a few steps before the industry can launch to the public. The final rules and regulations have yet to be made permanent, which has led to delays. Lawmakers and sports bettors we looking to have local sportsbooks by the time the 2021-2022 NFL season rolled around but that is no longer feasible.

Maryland sports gaming will now have a DraftKings platform whenever the market opens to the public. Rules and regulations are undergoing a 30 day comment and opinion window for residents to have their say before the Maryland Lottery and Gaming Control Commission (MLGCC) finalizes the rules for the industry which will then be published in the Maryland Register.

With the start of the 2021 NFL season upon us, our latest designation with the Baltimore Ravens further exemplifies our commitment to fan engagement by way of the DraftKings experience, said Ezra Kucharz, DraftKings Chief Business Officer. The newly penned relationship offers something for every kind of sports fan and will allow them to engage with DraftKings digital content, free-to-play product, daily fantasy sports and, perhaps soon, sports betting, to ultimately bring them closer to the action alongside one of the top teams from the AFC North.

Retail sportsbooks could go live during the NFL season which means that the Ravens could have their DraftKings Sportsbook at M&T Bank Stadium launching for this seasons games and all of the great NFL betting there is to be had by fans. This is the second sports gaming partnering for Baltimore as they made BetMGM a partner for the franchise in May. But it will be DraftKings that will be the sportsbook inside the stadium.

Retail sportsbooks like that of the stadium should go live first while the MLGCC sorts through the applications for the 60 mobile licenses that are available. DraftKings will no doubt be one of the companies to receive a mobile license that will have their platform used statewide. However, with their partnership with the Ravens, they will also be able to have unique promotions and other Baltimore NFL-related offerings to rev up fan engagement.

This partnership reflects our continued commitment to delivering unique engagement experiences for our fans, said Kevin Rochlitz, Ravens chief sales officer. Were proud to collaborate with an industry leader in DraftKings, and we look forward to seeing the innovative ways in which well better connect with the Ravens fans across our many platforms.

News tags: Baltimore Ravens | BetMGM | DraftKings | Ezra Kucharz | Kevin Rochlitz | M&T Bank Stadium | Maryland | Maryland Lottery and Gaming Control Commission | Maryland Register | NFL

Christina has been writing for as long as she can remember and does dedicated research on the newly regulated sports betting market. She comes from a family of sports lovers that engage in friendly bets from time to time. During the winter months, you can find Christina baking cookies and beating the entire staff at Mario Kartthe N64 version of course.

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DraftKings Sportsbook Is Now A Partner With Baltimore Ravens - Legal Sports Betting

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Connecticut Sports Betting Will Not Launch Before the 2021 NFL Season Opener – The Action Network

Posted: at 5:54 pm

Connecticuts online and retail sportsbooks will not open before the 2021 NFL season opener as federal and state officials continue working toward a fall go-live date.

DraftKings and FanDuel, which are partnered with the Mashantucket Pequot and Mohegan Tribes, respectively, are still awaiting federal approval for retail sportsbooks at their individual casinos. The Department of the Interior has until Thursday, Sept. 9 the same date as the NFLs season opening game between the Dallas Cowboys and Tampa Bay Buccaneers to rule on the tribes updated compact that would permit legal retail sports betting.

Assuming federal sign-off by the deadline, retail sportsbooks at the Foxwoods Resort and Mohegan Sun could open by the rest of NFL Week 1 Sunday games in a best-case scenario, Mohegan Gaming CEO Ray Pineault told The Action Network. Pineault said state gaming stakeholders could not announce a formal sportsbook opening date at this time.

Connecticut will also open as many as 10 additional retail sportsbooks under the state lotterys purview later this year, but those too have no firm planned opening day.

The two tribal-partnered online sportsbooks as well as a third, lottery-partnered book are still awaiting state approval.

A bipartisan, bicameral group of lawmakers in the legislatures regulatory review committee is set to consider online sports betting regulations at its Aug. 31 meeting. If approved, all three sportsbook operators must still pass state licensing procedures, a process that could take several additional weeks.

Pineault said Connecticut officials may also require each online sportsbook to earn certification from Gaming Laboratories International, an independent gaming services inspection agency. Pineault said this process could take between two and six weeks.

In Connecticut, DraftKings and FanDuel both currently offer daily fantasy sports, which were regulated under the same 2021 legislation that permitted sports betting. The law also permits the lotterys sports betting partner to offer DFS contests as well.

A sportsbook from Rush Street Interactive, which partnered with the Connecticut Lottery for its online and retail sportsbooks, will join DraftKings and FanDuel as the states three legal betting options. Rush Street may use its SugarHouse brand instead of the BetRivers name available in most of the companys other operating markets.

Though Connecticuts three legal options trail the totals in other Northeastern sports betting markets such as New Jersey (21 live books), it will be more options than all other current New England options combined. Rhode Island (Caesars) and New Hampshire (DraftKings) only offer one book apiece.

Massachusetts lawmakers are considering sports betting legislation that could see legal books launch sometime in 2022. Maine policymakers could reconsider a long-stalled sports betting proposal early next year.

Meanwhile, New York is set to launch its first online sportsbooks early next year. New York will approve a minimum of four customer-facing brands, but it remains to be seen which operators (or how many) will earn licensure.

DraftKings and FanDuel, along with BetMGM and Rhode Island-based Bally Bet, have teamed up for a high-profile license proposal that would see all four launch sportsbooks in the Empire State. BetRivers has teamed up with Caesars, WynnBet, PointsBet and Resorts World for a separate proposal.

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Soccer live streams: How to watch weekend’s best games on TV, including Serie A, Arsenal vs. Chelsea and PSG – CBS Sports

Posted: at 5:54 pm

European soccer is back, which combined with the sport in the Western Hemisphere means there are games all day every single weekend from pretty much here until next summer. With so many leagues, so many teams and tons of great players to watch, let us be your guide on what to watch in world soccer this weekend.

Here are the five matches you should watch, ranked, with one being the most exciting, and we've tossed some notables around the globe to keep an eye on.

Date:Saturday, Aug. 21|Time:9 a.m. ET TV: NBCSN | Live stream:fuboTV(Try for free) Ceasars Sportsbook Odds:Wolves +230 | Draw +205 | Tottenham +140

Why watch: This should be a fun one. Nuno Espirito Santo, Tottenham's new coach, makes his return to the Molineaux to face his former club Wolverhampton on Saturday. Spurs kicked off their season by winning Nuno's debut on Sunday, topping Premier League reigning champions Manchester City. It will be an emotional return for Nuno in front of the fans after helping the team earn promotion to the top flight and solidifying them as Premier League mainstays. Also, will Harry Kane play?

Date:Saturday, Aug. 21|Time:4 p.m. ETTV:None |Live stream:ESPN+ Ceasars Sportsbook Odds:Athletic +320 | Draw +250 | Barcelona -110

Why watch: Barca without Lionel Messi isn't the same, but can they build off of that 4-2 win over Real Sociedad on Sunday? The club looked pretty sharp in the opener, with Memphis Depay grabbing an assist and looking lively throughout. Athletic will be a tough test for Barca, but if if they can win this, those lowered expectations will start to rise.

Date:Friday, Aug. 20|Time:2 p.m. ETTV:beIN Sports|Live stream:fuboTV(Try for free)Ceasars Sportsbook Odds:Brest +950 | Draw +500 | PSG -380

Why watch:All eyes are on Lionel Messi. The former Barcelona superstar is now at PSG and it seems as if he may not be ready to make his club debut here. He trained with the team this week and looks comfortable and ready to go, but manager Mauricio Pochettino has reportedly decided to travel without him. Nonetheless, if this isn't the spot where he makes his debut, we're going to keep tracking his status here.

Date:Sunday, Aug. 22|Time:12:30 p.m. ET TV:CBS Sports Network|Live stream:Paramount+Ceasars Sportsbook Odds:Udinese +650 | Draw +320 | Juventus -210

Why watch: Serie A debuts on Paramount+ this weekend, and the slate is highlighted by Juventus traveling to face Udinese. Juve lost at Udinese last season in heartbreaking fashion and will hope for a better day on Sunday with Cristiano Ronaldo and American Weston McKennie both expected to play. Udinese, on the other hand, will look to improve in attack after the departure of star midfielder Rodrigo de Paul, now at Atletico Madrid.

Craving even more coverage of Serie A? Listen below and followQu Golazo! A Daily CBS Soccer Podcastwhere we take you beyond the pitch and around the globe for commentary, previews, recaps and more.

Date:Sunday, Aug. 22|Time:11 a.m. ETTV:NBCSN |Live stream:fuboTV(Try for free) Ceasars Sportsbook Odds:Arsenal +375, Draw +265, Chelsea -130

Why watch: A derby match in England is always must see, and especially when it is Arsenal and Chelsea. The Gunners already have some pressure on them after losing 2-0 to Brentford in their opener, while Chelsea are looking like title contenders with their opening win over Crystal Palace. Might we see new striker signing Romelu Lukaku for the Blues? American attacker Christian Pulisic will miss this match though after testing positive for COVID.

Friday, Aug. 20: One game to watch in ...

(All times U.S./Eastern)

Saturday, Aug. 21: One game to watch in ...

(All times U.S./Eastern)

Sunday, Aug. 22: One game to watch in ...

(All times U.S./Eastern)

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Soccer live streams: How to watch weekend's best games on TV, including Serie A, Arsenal vs. Chelsea and PSG - CBS Sports

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Betting on Little League is not allowed in the Regal Sportsbook – Pennsylvania News Today

Posted: at 5:54 pm

After being canceled in 2020 due to a coronavirus pandemic Little League League World Series Return to 2021. However, COVID-19 will affect this years LLWS.team is Based in the United States Instead of the regular pool of international teams. As a result, 2021 LLWS will feature the top two teams from each of the eight teams. Regional tournament in the United States.

The 2021 Little League World Series August 19 Championship game is planned August 29..

Bet In the Little League World Series Not allowed either Legally regulated sportsbook..

The players of the Little League World Series team From 11 to 12 years old..

According to Pennsylvanias Gambling Extension Act In Pennsylvania, which passed in late 2017, you can bet on:

Your event Cant bet include:

you You cant bet legally Little League World Series Everywhere in the United States..

South Williamsport, Pennsylvania hosts the LLWS, which began in 1947. Delta variant Case, The general public can Do not attend Games in Howard J. Lamade Stadium When Volunteer stadium Audiences are limited to families, coaches and volunteers.

Philadelphia Phillies Play in LLWS:

Pittsburgh Pirates playing in LLWS:

The biggest star in PA history to decorate the LLWS scene is back.

As a Philadelphia-based member Tanny Dragons, Morne Davis Shutout in the Central Atlantic final and sent the team to LLWS.It marked first time Girl earned win Thrown Shutout In the history of LLWS. father, Davis was the first African-American girl Play in LLWS.She appeared on the cover of Sports Illustrated, The first time for a little leaguer.

Davis is now Hampton University And communication major.She returns to Williamsport ESPNs LLWS Press Analyst..

Lead Photo by Gene J. Puskar / AP

Betting on Little League is not allowed in the Regal Sportsbook

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NFL playoff predictions: How the public is betting playoff odds heading into preseason Week 2 – DraftKings Nation

Posted: at 5:54 pm

With the second week of the 2021 NFL preseason underway, we are less than a month away from opening night between the Dallas Cowboys and Tampa Bay Buccaneers on Sept. 9th.

The Buccaneers are looking to repeat as Super Bowl champions, while the Cowboys are trying to get back into the playoffs. According to DraftKings Sportsbook, Tampa Bay has -700 odds to make to the postseason, while the Cowboys have -140 odds to get into the playoffs. But if you look at the betting splits for Dallas, only 32% of the handle and 34% of the bets think they will be playing football in mid-January.

How about the rest of the 30 NFL teams and their playoff odds? Well take a look at a few teams playoff odds and see where the public is siding at.

After failing to make the NFL playoffs last season, thanks to a tumultuous second half of the season, the pressure is on head coach Kliff Kingsbury to get the Cardinals into the playoffs.

With the playmakers that they have on both sides of the football, theres no reason why they cannot get back to the playoffs for the first time since 2015. Arizona has +150 odds to make the postseason and YES is receiving 94% of the handle and 94% of the bets. It wont be easy for them to make the playoffs as they play in one of the tougher divisions in the NFL. The Los Angeles Rams have a new QB in Matthew Stafford and one of the best defense in the NFL, while the Seattle Seahawks return the same group of guys. Then theres also the San Francisco 49ers, who are at full-strength and were the Super Bowl runner-ups in 2020.

The Patriots have favorable odds to get back into the postseason this season after missing the playoffs for the first time since 2008. New England finished in third place in the AFC East with a 7-9 record.

The betting public does not believe that head coach Bill Belichick will miss the playoffs a second straight season. The Patriots making the playoffs is receiving 99% of the handle and 95% of the bets. New Englands success this season will hinge on the arm of QB Cam Newton, who will be entering into Year 2 as the Patriots starter. However, he does have some competition at quarterback in rookie Mac Jones. If Newton can stay healthy and move the offense down the field, then the Patriots will be in playoff contention.

Heading into this season, theres a lot of optimism surrounding the defending NFC East champion, Washington Football Team. The Football Team made the playoffs last season, despite playing four quarterbacks.

Washington will now have a new quarterback under center in Ryan Fitzpatrick. Fitzpatrick was signed in the offseason to a one-year deal and will be playing behind a stout defense that was one of the best in the league. However, despite the moves they made, WFT is only receiving 15% of the handle and 66% of the bets. When it comes to not making the playoffs, the Football Team has -175 odds. Washingtons success will hinge on which Fitzpatrick shows up on Sundays.

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL). Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA/MI), 1-800-9-WITH-IT (IN), 1-800-522-4700 (NH/CO), 1-800-BETS OFF (IA), 1-888-532-3500 (VA) or call/text TN REDLINE 1-800-889-9789 (TN). 21+ (18+ NH). CO/IL/IN/IA/NH/NJ/PA/TN/VA/WV/MI only. Eligibility restrictions apply. See draftkings.com/sportsbook for full terms and conditions.

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