Weekly Sports Recap: Poor Alabama Baseball Wagers and Portnoy's Complaints
In the world of sports and gambling, there's always something new to report. Here's a roundup of the latest developments:
Sightline and GeoComply Expand Operations
Sightline, a leading iGaming software provider, and geolocation company GeoComply have announced a new shared space at UNLV's Harry Reid Research & Technology Park. This move will make the facility the global headquarters for Sightline and the U.S. headquarters for GeoComply, housing a combined workforce of 100 employees [1].
Sports Betting Revenue Soars in Ohio
Ohio bettors wagered more than $730 million in March, marking a significant increase from February's figures. The surge in sports betting activity is a positive sign for the state's growing industry [2].
FanDuel Partners with Prove for Seamless Gaming Experience
FanDuel has partnered with identity verification service Prove to offer a more secure and efficient online sign-up process. The partnership is expected to accelerate FanDuel's online sign-up process by approximately 80% [3].
DraftKings on Track for Profitability
DraftKings expects to break even by the second quarter of 2023, a promising indication of the company's financial stability and growth [4].
U.K. White Paper Could Impact U.S. Sports Betting Reforms
A white paper from the U.K. could have significant implications for U.S. sports betting regulations. The document, which discusses the potential harms and benefits of sports betting, could serve as a guide for U.S. lawmakers as they consider reforms [5].
Colorado Grants for Problem Gambling Prevention and Treatment
The Colorado Limited Gaming Control Commission has announced the recipients of a $908,089 grant earmarked for the prevention and treatment of problem gambling in the state. The two organizations that will benefit from the grant are the Colorado Division of Gaming and the Kindbridge Research Institute [6].
Kindbridge to Combat Online Harassment
Kindbridge, a recipient of the Colorado grant, will use a portion of its funds to combat online harassment of athletes by bitter bettors. This initiative aims to create a safer and more respectful online environment for athletes [7].
Ohio Mobile Sportsbooks Pull Crimson Tide from College World Series Futures Markets
Following a controversy, major mobile sportsbooks have removed the University of Alabama's Crimson Tide from their College World Series futures markets [8].
Minnesota Legislature to Adjourn
The Minnesota legislature is set to adjourn on May 22, leaving little time for the passage of SF 1949, a bill that would send 30% of state tax revenue from wagering to Minnesota's horse tracks [9]. Sen. Matt Klein recently pitched an amendment to save the bill, but its fate remains uncertain [10].
FanDuel to Combat Fraud with Prove's Pre-Fill Solution
FanDuel will be implementing Prove's Pre-Fill solution, which auto-fills a user's online application with bank-grade data, to combat account and identity fraud [11].
Mojo's Plan for Investing in NFL Rookies
For those interested in NFL rookies, Mojo has a plan for investing in the upcoming draft class [12].
No Recent Updates on Ohio College Baseball Coach Scandal
Despite recent reports of gambling scandals involving Major League Baseball players, there are no credible sources indicating that a college baseball coach in Ohio has lost his job or been implicated in a wagering controversy [13].
Barstool Host Fired for Racial Slur
Barstool host Ben Mintz was fired by PENN Entertainment for singing a song containing a racial slur, to the disapproval of Barstool founder Dave Portnoy [14].
Several Detroit Lions Have Rookie of the Year Odds
With the NFL draft approaching, several Detroit Lions have enticing Rookie of the Year odds, offering excitement for fans of the team [15].
D.C. Moves Closer to Eliminating Problem Gambling Funding
D.C. is moving closer to eliminating problem gambling funding, a decision that could have significant implications for the district's gambling industry [16].
[1] Sightline and GeoComply announce shared space at UNLV's Harry Reid Research & Technology Park
[2] Ohio bettors wagered more than $730 million in March
[3] FanDuel partners with Prove Identity to offer a "seamless and secure gaming experience"
[4] DraftKings expects to break even by the second quarter of 2023
[5] U.K. white paper could have major impact on U.S. sports betting reforms
[6] Colorado Limited Gaming Control Commission announces recipients of grant money for problem gambling prevention and treatment
[7] Kindbridge to use portion of funds for combating online harassment of athletes by bitter bettors
[8] Major mobile sportsbooks pull Crimson Tide out of their College World Series futures markets
[9] Minnesota legislature set to adjourn on May 22
[10] Sen. Matt Klein pitches amendment to send 30% of state tax revenue from wagering to Minnesota's horse tracks to save a companion bill, SF 1949
[11] FanDuel will be utilizing Prove's Pre-Fill solution to combat account and identity fraud
[12] Mojo's bettors have a plan for investing in NFL rookies
[13] No recent updates indicating that a college baseball coach in Ohio lost his job for possibly influencing a wager
[14] Barstool host Ben Mintz fired by PENN Entertainment for singing a song containing a racial slur
[15] Several Detroit Lions have enticing Rookie of the Year odds
[16] D.C. moving closer to eliminating problem gambling funding
[1] The facility at UNLV's Harry Reid Research & Technology Park will serve as the global headquarters for Sightline and the U.S. headquarters for GeoComply, housing a combined workforce of 100 employees.[2] The surge in sports betting activity in Ohio has led to a significant increase in sports betting revenue, with over $730 million wagered in March.[3] In an effort to offer a more secure and efficient online sign-up process, FanDuel has partnered with identity verification service Prove.[4] DraftKings predicts to break even by the second quarter of 2023, signifying the company's financial stability and growth.[5] The white paper from the U.K. could provide valuable insights for U.S. lawmakers as they consider sports betting reforms, shaping potential changes in the U.S. sports betting regulations.[6] The Colorado Limited Gaming Control Commission has awarded a grant of $908,089 to combat problem gambling and provide resources for prevention and treatment.[7] Kindbridge, one of the grant recipients, aims to create a safer and more respectful online environment by combating online harassment of athletes by bitter bettors.[8] The University of Alabama's Crimson Tide has been removed from their College World Series futures markets in Ohio after a controversy.[9] The Minnesota legislature is set to adjourn on May 22, leaving little time for the passage of SF 1949, a bill that would risk compromising 30% of state tax revenue from wagering to Minnesota's horse tracks.[10] Sen. Matt Klein recently pitched an amendment to save SF 1949, but the fate of the legislation remains uncertain.[11] FanDuel will utilize Prove's Pre-Fill solution to mitigate account and identity fraud, offering users a more secure online gaming experience.[12] Interested NFL rookie investors can follow Mojo's investment strategy for upcoming draft class opportunities.[13] No recent updates suggest that a college baseball coach in Ohio has been implicated in or lost their job due to a wagering controversy.[14] Barstool host Ben Mintz has been fired by PENN Entertainment for singing a song containing a racial slur, to the disapproval of Barstool founder Dave Portnoy.[15] With the NFL draft approaching, several Detroit Lions have Rookie of the Year odds, causing excitement amongst fans of the team.[16] D.C. may cut its problem gambling funding, potentially affecting the district's gambling industry.
