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

Get A Grip — The Week In Sports Betting: Vehemently Status Quo In California

All the industry news that's fit to link

Gary Rotstein by Gary Rotstein
November 11, 2022
in Industry
get a grip graphic

Art by Blundell Design

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 headlines, highlighting some fresh news, and rounding up key stories.

Top stories around our network this week

In the case of the California initiatives to authorize sports betting, you might call it much a-dough about nothing. Various factions involved in campaigning for and against legalized wagering reportedly spent at least $450 million before Election Day, and in the end, the state’s citizenry and tribes, as well as the nation’s major gaming operators, ended up with the status quo.

Fewer than one of every three California voters on Tuesday were in favor of Proposition 26, which would have let tribes start taking retail bets at their casinos in the nation’s largest state. An even smaller proportion casting ballots — about one of six — supported the commercial operators’ Proposition 27, which would have entitled them to start offering mobile bets through partnerships with tribes, although most tribes wanted no such arrangements.

The highly influential tribes, in fact, did very little to try to get their own Prop 26 passed while focusing on the successful defeat of Prop 27, which they feared would yield their longtime control of the gaming industry within the state to the likes of FanDuel, DraftKings, and BetMGM. The tribes now say they’ll strategize among themselves to see if they have a consensus to move forward on legalized sports betting in a way that can win statewide acceptance in 2024. It can’t come soon enough for one prominent Bay Area radio station, which recently gambled on switching over its longtime news/talk format to focus instead on sports betting-related content.

You can count on Sports Handle and its network of sites and reporters to continue carefully monitoring all of the developments in the state dubbed the “holy grail” of future sports betting, due to its size. And we cover much, much more, as the past week’s stories demonstrate.

He won’t be spending millions on Powerball

‘Mattress Mack’ takes nearly $75 million from sportsbooks with Astros title

Mattress Mack tackles responsible gambling, to mixed ends

Not really what we want to hear

UFC betting controversy: Not a fair fight between gamblers and sportsbooks?

Virginia Tech player reveals sports bets led to suspension

DK always making news of some sort

DraftKings CEO gave $25K donation to New York governor’s campaign

DraftKings opens first brick-and-mortar sportsbook in Michigan

Well, this is a fine mess we’ve made

What’s next for sports betting at Fox Sports after Fox-Flutter arbitration ruling?

Hard to see a downside to this

Need advice making bets? SoBet offers one-stop shopping for that

Leave the wallet at home, if you like

Are cashless payments the future of casino gaming in the U.S.?

Jets make it sound like FUBAR instead of Fubo

New York Jets urge court to appoint receiver for Fubo Gaming sponsorship fee

This one has potential to be unholy alliance

Sportradar-FanDuel-NBA deal may not be so great for bettors

Can we bet no one will like the telecast?

Odds for the Oscars are already tightening up, but values abound

Oh, it’s that time of the month again

U.S. sports wagering state tax receipts clear $1 billion for 2022

New York sports betting revenue numbers have stabilized

Indiana operators continue roll in October

Tennessee sets sports wagering handle record at $405 million

Sports wagering operators finally cool off in Iowa in October

Kansas follows up debut with $190M sports wagering handle for October

Maryland sports wagering handle hits record $39.7 million in October

Sportsbooks see record-breaking quarter

Sportsbooks held an average of 10.5% from bettors during the third quarter, according to the American Gaming Association, which released nationwide statistics Wednesday. Sportsbooks reached a historic high of $1.68 billion in revenue for the quarter, an 80.6% increase against the third quarter of 2021. Handle for the quarter was $15.99 billion, a 40.9% increase over the same period last year.

Seven new markets were online in the July-September time frame compared to last year. Since the Professional and Amateur Sports Protection Act was overturned in 2018, $159.8 billion has been wagered across the U.S., and the operators have netted $11.9 billion in sports betting revenue.

– Jill R. Dorson

Seven approved in Puerto Rico

Caesars Sportsbook was among a group of sports betting-related entities that won licenses from the Puerto Rice Gaming Commission last week, according to multiple media reports. Wagering was first legalized in Puerto Rico in 2019, but to date, only in-person betting is available.

Besides Caesars, others approved or licensing include Ballers Puerto Rico LLC, Liberman Media, CCHPR Hospitality, Continent 8, Swish Analytics, and US Integrity Inc. According to a Kambi press release, Liberman Media has partnered with Kambi and has plans to go live with ApuestaPR, both as a digital platform and “through a large network of retailers” on the island.

Among major operators, BetMGM was the first to take bets in Puerto Rico through its partnership with La Concha Casino Resort. The sportsbook there opened in February 2022.

– Jill R. Dorson

More of the most important, interesting stories

VIRGINIA IS FOR LOVERS AND BETTORS: To escape D.C.’s betting app, some frustrated sports gamblers head to Virginia [The Washington Post]

THE ANSWER IS UNLIKELY TO SURPRISE: Do Northeast Ohioans support Buckeye State sports betting? [Cleveland.com]

VROOM VROOM VEGAS: MGM to install exclusive seats on Bellagio’s lake for next year’s F1 Las Vegas Grand Prix [CDC Gaming Reports]

MGM Resorts announced @F1 fans will be able to watch the Las Vegas Grand Prix from grandstands that will be built on the world-famous lake at Bellagio.
DETAILS: https://t.co/3U5HN9YFgn pic.twitter.com/MRqm3L2JCu

— FOX5 Las Vegas (@FOX5Vegas) November 10, 2022

TRIPLES ARE RARE BUT GOOD: Genius Sports beats expectations in Q3 as U.S. sales triple [Yahoo Sports]

PORTNOY LEARNS WHAT REJECTION FEELS LIKE: Barstool founder Dave Portnoy’s lawsuit against Insider dismissed [Sportico]

ALL-STAR BIDDERS, IF NOT PLAYERS: Matthew McConaughey reportedly joins Bezos, Jay-Z in Commanders bid [Front Office Sports]

ShareTweetShare
Gary Rotstein

Gary Rotstein

Gary is a longtime journalist, having spent three decades covering gambling, state government, and other issues for the Pittsburgh Post-Gazette, in addition to stints as managing editor of the Bedford (Pa.) Gazette and as a reporter for United Press International and the Middletown (Conn.) Press. Contact Gary at [email protected].

Related Posts

get a grip graphic
Industry

Get A Grip — The Week In Sports Betting: Talking Brackets In School

March 24, 2023
get a grip graphic
Industry

Get A Grip — The Week In Sports Betting: New York Cools Off

March 17, 2023
Load More

Top Stories

taylor mathis

Taylor Mathis Got Sacrificed At The Altar Of Responsible Gambling

March 20, 2023
fanduel baseball wall

Premade Same Game Parlays Are Sucker Bets

March 13, 2023
maginfier-over-small-print

Read The Fine Print: A Proposed Federal Rule Could Change Everything For Indian Gaming

March 6, 2023
roman reigns wwe

Colorado Denies Report Stating That It’s Considering WWE Wagering

March 8, 2023

State Sports Betting Guides

Ohio (U.S. state) flag waving against clear blue sky, close up, isolated with clipping path mask alpha channel transparency, perfect for film, news, composition

Ohio Sports Betting – Where To Play, Bonus Offers And Promo Codes

by Brian Pempus
March 27, 2023

Downtown Detroit at twilight (Shutterstock)

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

by Brett Smiley
March 27, 2023

VA captial

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

by Brett Smiley
January 17, 2023

nj flag

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

by Brett Smiley
March 22, 2023

pa online sportsbooks

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

by Brett Smiley
October 6, 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

SportsHandle

  • Analysis
  • Casino
  • Features
  • Horse Racing
  • Industry
  • Legal
  • Legislation
  • Opinion
  • Podcasts
  • Poker
  • Politics
  • Promotions
  • Regulation
  • Sports
  • Uncategorized

Better Collective

This website is owned and operated by Better Collective USA. Trademarks and copyrights referenced on this website are and shall remain the exclusive property of their respective owners and/or licensors. Please be sure to visit the operator’s website(s) to review their terms & conditions. We advise you to read these carefully as they contain important information. Copyright © 2023 USBets.com | Better Collective USA
21 Play Responsibly
Gamble Aware West Virginia
Gambling Problem? Call 1-800-Gambler.
GameSense

Search Sports Handle

No Result
View All Result
  • About Us / Contact
  • Responsible Gambling

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

loading

Please wait while you are redirected to the right page...