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WSOP Winner Cory Zeidman Guilty of $25M Fraud Scheme
Professional poker player and former sports betting tout Cory Zeidman pleaded guilty in federal court in New York on Wednesday to orchestrating a long-running sports handicapping fraud scheme that bilked clients out of millions. Federal prosecutors accused Zeidman, a World Series of Poker bracelet winner, of deceiving customers into paying exorbitant fees for betting advice…
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ESPN Bet, Fanatics Grow Among Key Betting Audiences
While DraftKings and FanDuel dominate the U.S. online sports betting market with a combined market share exceeding 70%, other operators like ESPN Bet and Fanatics are gaining traction among valuable customer segments. ESPN Bet’s Appeal to Younger Bettors According to Morgan Stanley’s latest biannual sports betting survey, ESPN Bet is particularly popular with the 21-34…
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Andrew Yang Urges Stricter Rules on Harmful Sports Betting
Andrew Yang, former Democratic presidential candidate and New York City mayoral hopeful, is raising concerns about the impact of sports betting on American men, advocating for tighter state regulations to curb its harmful effects. In a Newsweek op-ed, Yang shared his personal experience as a bettor, revealing he was lured into wagering by a $250…
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DraftKings CEO Predicts iGaming Growth in 2025
DraftKings (NASDAQ: DKNG) CEO Jason Robins anticipates a more active legislative landscape for online sports betting and iGaming in 2025, following a slow 2024. Speaking at Craig-Hallum’s 4th Annual Online Gaming Conference, Robins expressed optimism about new opportunities for expansion. “We’re really excited about the state legislative front in 2025,” said Robins, attributing 2024’s sluggish…
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Brands Drop Conor McGregor After Court Ruling
Conor McGregor’s legal troubles are now affecting his business relationships. Following a jury verdict in an Irish civil court that found McGregor liable for sexually assaulting a woman in December 2018, two major companies have severed ties with the UFC star. Proximo Spirits, the owner of Proper No. 12 Irish whiskey, and IO Interactive, a…
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Thanksgiving Football Betting Hits $4.5B in Wagers
Thanksgiving and football go hand in hand, offering Americans a double dose of tradition and excitement. While sports betting is a global pastime, U.S. bettors are especially eager to wager on this week’s packed football schedule. According to Macquarie analyst Chad Beynon, U.S. bettors are expected to place $4.5 billion in wagers during Thanksgiving Week…
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BetMGM Enhances Digital Rewards Program
BetMGM has introduced a streamlined approach to its rewards points program, allowing users to view and manage their points in a unified digital wallet. Previously tracked on a state-by-state basis, rewards points are now consolidated into a single account accessible across all states where BetMGM operates. This enhancement builds on BetMGM’s single digital wallet system,…
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What’s Next for Conor McGregor?
When Joe Rogan—the voice of the UFC and one of the world’s most influential podcasters—questions your career trajectory, it’s time to take notice. On a recent episode of The Joe Rogan Experience, Rogan, in conversation with actor Josh Brolin, reflected on Conor McGregor’s meteoric rise to UFC stardom and the subsequent decline, at least from…
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Verstappen Aims for Fourth Straight Title at Las Vegas Grand Prix
The glitz and glamour of Sin City set the stage for this weekend’s Las Vegas Grand Prix, where Max Verstappen eyes his fourth consecutive Formula 1 Drivers’ Championship. The race, scheduled for 10 p.m. local time Saturday, promises high-speed action under the dazzling lights of the Strip, creating a spectacle unlike any other on the…
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Tyson-Paul Fight Shatters Betting Records, Sparks Debate
The highly anticipated Mike Tyson vs. Jake Paul boxing match, held Friday night and streamed on Netflix, shattered betting records despite being a polarizing spectacle. The 27-year-old Paul defeated the 58-year-old Tyson in an eight-round unanimous decision, with reports of Tyson earning $20 million and Paul walking away with $40 million. Betting Surge Across Platforms…