• About Us / Contact
This site contains commercial content
SportsHandle
  • US Sports Betting
    • Arizona Sports Betting
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Michigan
    • Mississippi
    • New Jersey
    • New York
    • Ohio Sports Betting
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia Sports Betting
    • Massachusetts Sports Betting
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Guide To ‘Risk-Free’ Bets
    • Common Beginner Mistakes
    • Sports Betting Podcasts
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
    • Partnership Tracker
  • News
No Result
View All Result
SportsHandle
  • US Sports Betting
    • Arizona Sports Betting
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Michigan
    • Mississippi
    • New Jersey
    • New York
    • Ohio Sports Betting
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia Sports Betting
    • Massachusetts Sports Betting
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Guide To ‘Risk-Free’ Bets
    • Common Beginner Mistakes
    • Sports Betting Podcasts
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
    • Partnership Tracker
  • News
No Result
View All Result
SportsHandle
No Result
View All Result

Get A Grip — The Week In Sports Betting: New York Has All The Buzz

Most of the industry news that's fit to link

Jeremy Balan by Jeremy Balan
January 7, 2022
in Sports
Shutterstock

Shutterstock

Share on FacebookShare on Twitter

It’s information overload everywhere, and there’s not time enough to sleep and eat and stay fully apprised of what’s happening on this crazy blue dot of ours (two out of three ain’t bad). Here’s the weekend Sports Handle item, “Get a Grip,” recapping the week’s top U.S. sports betting stories, highlighting some fresh news, and rounding up key stories. 

Top stories around our network this week

As we recap the first week of 2022, it’s exciting to think what might be ahead this year. There is little doubt more states are going to take on sports wagering this calendar year, and it all starts with New York this weekend.

The Empire State might dominate the headlines for a while, but there’s plenty going on around the country, too.

Bill in Mississippi would allow mobile sports wagering

Mobile sports betting is on its way to Arkansas, but not without controversy

Once again, sports betting will be much talked about issue in Massachusetts

Will top sports betting stocks rebound after a down year in 2021?

Pennsylvania operators appear headed for a $5 billion year

Sports betting in the COVID era is not so easy

The Omicron variant has thrown things into utter chaos at sportsbooks

More CEO drama at PlayUp

Legal accusations intensify in case involving Australian firm and exec who headed expansion

More lawsuit news

Full House drops suit over Vigo County casino decision

Examining conflicts of interest

Jan. 11 meeting in New York to address both horse racing and overall sports betting

Border hoppers

Are Nevadans really crossing the border to bet in Arizona?

NBA injury reports are good, not great

League has instituted new rules for reporting injuries, but the process could still be tightened

Who needs an arena when you have betting?

Arizona Coyotes don’t have a home for 2022-23 NHL season yet, but they have a betting platform

Buffalo Bills also jump in

Bills make FanDuel official mobile sports betting sponsor

‘The ultimate gaming champion’

Harry Reid’s impact on the gaming industry

Tax relief coming for Michigan

Michigan bettors can now deduct gambling losses on their state income tax returns

Revenue reports

Colorado sets new sports betting revenue highs in November

Tennessee’s sportsbooks beat the bettors at a record level in November

Arizona generates $777 million in handle for first two months of sports betting

Arizona’s strong debut and the NFL’s reach led to record handle in September and October

Return of the Mack

Mattress Mack bets big on Alabama in national title game against Georgia

We never forget about Canada

Fandom Sports has launched its peer-to-peer eSports wagering platform

Ontario closes casinos due to rising COVID numbers

Donating to wildfire relief

MaximBet is matching user donations for wildfire aid in Colorado

Harness racing handle

Nightly handle at Meadowlands rose from $2 million in 2018 to $3 million in 2021

Number of race days, races, handle, and amount bet per race were up at Freehold Raceway

Is Georgia ready to join the U.S. gambling wave?

On Thursday, Georgia House Speaker David Ralston said lawmakers ought to look into the possibility of legalizing gambling in the state.

“There is an appetite this session that I haven’t seen before to do something,” said Ralston, a Republican, during a media briefing. “Maybe it’s time that we asked the question of Georgians, whether they want to expand gaming. And if they say yes, then we sit down and decide what form it will take, whether it’s going to be sports betting, whether you do horses or destination resorts.”

While Gov. Brian Kemp has been a longtime opponent of gambling, a successful referendum and “yes” votes by two-thirds of the legislature could overcome his objections.

– John Brennan

Delaware in the red for December

Delaware notched the largest national monthly negative gross gaming revenue of the post-PASPA era Thursday when the state lottery showed operators statewide finished $972,382 in the red. The previous record was held by Rhode Island, which finished down $890,623 in February 2019, in part because of Super Bowl wagering on the New England Patriots.

The state’s 114 retail sports lottery agents took the brunt of the losses in December, paying out more than $6.4 million in winnings compared to the $5.1 million in wagers accepted, as the hold was -25.71% on the parlay-style wagering. It was a whiplash-like turnaround for retailers, who had posted a jaw-dropping 60.95% win rate in November — the second-highest in state history since launching retail lottery wagering in August 2018 — and collected nearly $4.2 million from $6.8 million bet. Delaware’s three racetracks that take sports bets generated $339,210 in gross revenue, slightly softening the blow.

Excluding months affected by the COVID-19 pandemic, it is the third time Delaware has finished with negative gross revenue. The $616,941 loss in February 2019 and $410,665 loss in February 2020 were largely attributed to Super Bowl wagering.

– Chris Altruda

Thoroughbred racing handle up, but …

Wagering on U.S. thoroughbred racing rose to more than $12.2 billion in 2021 from more than $10.9 billion in 2020, according to the thoroughbred racing economic indicators released by Equibase on Wednesday.

But unfortunately, there isn’t much meaningful context provided. If the rise was fueled by mainstream horseplayers, that might indicate growth for the sport, but if the rise was driven by oft-criticized, highly rebated computer robotic wagers, that isn’t reason for much celebration.

“Is it good news? Yes. The question is how much does this actually tell us about the racing business. Not one group in the U.S. who could tell you what it means,” said Pat Cummings, executive director of the Thoroughbred Idea Foundation, a think tank that addresses issues in the horse racing industry. “It doesn’t tell you what type of customers this is coming from. If it is coming from heavily rebated customers, is that a great story? We don’t know what it tells us. It creates more questions than answers.”

The Equibase report also showed increases in U.S purses (+35.77%), total races (+23.32%), and race days (+21.18%), but decreases in average wagering per race day (-9.29%) and average field size (from 7.94 in 2020 to 7.37 in 2021).

One California initiative hits benchmark

The political committee for the California Solutions to Homelessness and Mental Health Act announced Thursday that it has reached the 25% threshold for signature collection, making it the first of three sports betting proposals still aiming for the November ballot to reach that mark. The proposal is backed by a coalition of seven major gaming companies.

“Our measure is receiving an overwhelmingly positive response from California voters as we collect signatures,” a spokesman said. “Californians are very supportive of funding solutions to homelessness by regulating and permitting safe and responsible online sports betting.”

There could be as many as four initiatives on the 2022 ballot, but so far, only a tribal retail-only initiative has qualified. The three others trying to qualify would allow for statewide mobile sports betting. One is backed by commercial operators, one by card rooms, and one by a group of four tribes. Proponents must collect 997,139 signatures to get on the ballot.

– Jill R. Dorson

$700 million for Alabama?

A group of racetrack owners in Alabama have rolled out an advertising campaign that promises $700 million in revenue for the state should gaming be legalized. The Alabama Track Owners Association rolled out ads that ask voters to contact state lawmakers and encourage a bill that would allow for up to six retail casinos and a new lottery. Sports betting would also be part of the package, as it was last session. 

Here’s a look at the ad: 

– Jill R. Dorson

Sister tribes approved in Washington state

Two sister tribes in Washington state, the Jamestown and Port Gamble S’Klallams, received federal approval late last month to open their sportsbooks, while a FanDuel spokesperson told Sports Handle that it planned to open its book at the Suquamish Clearwater Casino by the end of January.

Were it not for some paperwork that got lost in transit to Washington, D.C., Glenn Smithson, general manager of the Jamestown tribe’s 7 Cedars Casino near Sequim, told Sports Handle that “we would have been approved at the exact same time as everyone else” in late summer. Instead, Smithson said 7 Cedars will bide its time and open its sportsbook sometime before next football season, as it’s still in the process of designing the venue with a well-known vendor that will be announced later.

Meanwhile, Maverick Gaming is running back a bill that, if approved by the legislature, would authorize non-tribal sportsbooks at card rooms. Under current state law, sports betting is restricted to tribal gaming properties.

– Mike Seely

More of the most important, interesting stories

TOP OF THE MARKET: Fanatics has purchased baseball card company Topps [WSJ]

Source: NFL chief strategy & growth officer Chris Halpin is leaving the league later this month. Halpin is one of Roger Goodell’s top lieutenants, and is point man for the league’s efforts on gambling and international.

Has been considered a contender to be next commissioner.

— Albert Breer (@AlbertBreer) January 5, 2022

On Monday, a U.S. sportsbook took a $66,500 bet on a Southern-Texas Southern women's college basketball game, which begs the question — should sportsbooks take big bets on lower-profile events?https://t.co/89DlbexMek

— David Payne Purdum (@DavidPurdum) January 7, 2022

DEALMAKERS: LPGA has an agreement with betting service IMG Arena [Golf Digest]

BIG BET, LITTLE GAME: Should sportsbooks accept bets on lower-profile events? [ESPN]

EN ESPAÑOL: FanDuel founder involved in Spanish-language fantasy sports app [TechCrunch]

OH NO, NE: Proposed law would ban casinos within 50 miles of each other in Nebraska [KMTV]

Have a good weekend, folks!

ShareTweetShare
Jeremy Balan

Jeremy Balan

Jeremy Balan has been a journalist, editor, and sports writer since 2007. After years covering prep, college, and pro sports for online and print media, he focused on turf writing at BloodHorse from 2015-2019 and won an Eclipse Award for his coverage of the devastating fire at San Luis Rey Training Center. Contact Jeremy on Twitter (@jeremybalan) or through email at jbalan@bettercollective.com.

Related Posts

Get a Grip
Industry

Get A Grip — The Week In Sports Betting: All Eyes On Fanatics

June 24, 2022
Get a Grip
Sports

Get A Grip — The Week In Sports Betting: New Books Coming To CA, SD, WA; LIV Still In The News

June 17, 2022
Load More

Top Sportsbooks In Your State

1
WynnBET Sportsbook
Review / 4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook
Review / 4.8
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
BetMGM Sportsbook
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
BetMGM Sportsbook
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
Caesars Sportsbook
Review / 4.4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
WynnBET Sportsbook
Review / 4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
Caesars Sportsbook
Review / 4.4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
WynnBET Sportsbook
Review / 4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
BetMGM Sportsbook
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
FanDuel Sportsbook
Review / 4.8
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
SugarHouse Sportsbook
Review / 4.2
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
BetMGM Sportsbook
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook
Review / 4.8
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
Caesars Sportsbook
Review / 4.4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
bet365 Sportsbook
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
BetMGM Sportsbook
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
BetRivers Sportsbook
Review / 4.2
BET NOW
T&Cs ApplyOnly 1x Wager Applies
2
FOX Bet Sportsbook
Review / 4.3
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
BetMGM Sportsbook
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
Caesars Sportsbook
Review / 4.4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
WynnBET Sportsbook
Review / 4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
BetMGM Sportsbook
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
Caesars Sportsbook
Review / 4.4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
BetMGM Sportsbook
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
FanDuel Sportsbook
Review / 4.8
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
Caesars Sportsbook
Review / 4.4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
BetMGM Sportsbook
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
FanDuel Sportsbook
Review / 4.8
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
SI Sportsbook
Review / 4.1
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
Caesars Sportsbook
Review / 4.4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
SuperBook Sports
Review / 4.3
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
Caesars Sportsbook
Review / 4.4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
BetMGM Sportsbook
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
BetRivers Sportsbook
Review / 4.2
BET NOW
T&Cs ApplyOnly 1x Wager Applies
1
SI Sportsbook
Review / 4.1
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
Caesars Sportsbook
Review / 4.4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
WynnBET Sportsbook
Review / 4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
Caesars Sportsbook
Review / 4.4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
BetMGM Sportsbook
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
FanDuel Sportsbook
Review / 4.8
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
Caesars Sportsbook
Review / 4.4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
WynnBET Sportsbook
Review / 4
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
Betfred Sportsbook
Review / 3.8
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
BetRivers Sportsbook Ontario
Review / 4.3
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
BetMGM Sportsbook Ontario
Review / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
NorthStar Bets Sportsbook
Review / 4.6
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
Bet99 Sportsbook
Review / 4.7
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
Sports Interaction Ontario
Review / 4.2
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
PowerPlay Sportsbook
Rating / 3.8
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
1
Monkey Knife Fight
Rating / 4.5
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
PrizePicks
Rating / 4.2
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

State Sports Betting Guides

Downtown Detroit at twilight (Shutterstock)

Michigan Sports Betting – Where To Play, Online Sportsbooks, And FAQ

by Brett Smiley
June 28, 2022

VA captial

Virginia Sports Betting – Where To Play, Online Sportsbooks And Bonus Offers

by Brett Smiley
March 21, 2021

nj flag

New Jersey Sports Betting — Where To Play, Online Sportsbooks, And FAQ

by Brett Smiley
March 22, 2022

pa online sportsbooks

Pennsylvania Sports Betting – Where To Play, Online Sportsbooks And Bonuses

by Brett Smiley
March 18, 2022

Most Read Stories

mattress mack betting charade

Will Everyone Please Stop Calling ‘Mattress Mack’ A Sports Bettor?

April 27, 2022
Photo: Jasen Vinlove/USA TODAY

Dave Portnoy Says, ‘F**k That Guy,’ To Which Bettor And Gambling Twitter Seriously Object

May 16, 2022
map-missouri

Missouri Sports Betting Bill Draws Debate, Backlash In Senate

May 5, 2022
golden-gate-bridge-san-francisco

California Tribes Won’t Try For Mobile Proposal On 2022 Ballot

May 10, 2022

Canada Sports Betting Guides

Canada Sports Betting – Best Sportsbook Apps & Bonus Offers

British Columbia Sports Betting – Legal Update, Available Sportsbooks, and FAQ

Ontario Sports Betting – Legal Status And Where To Play

gambling therapy
ncpg
igaming ontario
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 (CO), 1-800-BETS OFF (IA), 1-888-532-3500 (VA) or call/text TN REDLINE 1-800-889-9789 (TN).
19+. Please play responsibly. Terms and conditions apply. 
Individuals must be 19 years of age or older to participate in igaming in Ontario. Gambling can be addictive, please play responsibly. If you, or someone you know, has a gambling problem in Ontario and wants help, please visit ConnexOntario or call their helpline at 1-866-531-2600. Operators on this website operate pursuant to an Operating Agreement with iGaming Ontario.

Search Sports Handle

No Result
View All Result
  • About Us / Contact

No Result
View All Result
  • US Sports Betting
    • Arizona Sports Betting
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Michigan
    • Mississippi
    • New Jersey
    • New York
    • Ohio Sports Betting
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia Sports Betting
    • Massachusetts Sports Betting
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Guide To ‘Risk-Free’ Bets
    • Common Beginner Mistakes
    • Sports Betting Podcasts
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
    • Partnership Tracker
  • News

Please share your location to continue.

Check our help guide for more info.

share your location