ESPN Bet plans launch in New York, the largest U.S. betting market

ESPN Bet is coming to the Big Apple. Penn Entertainment, which operates the sports betting platform, will pay Wynn Resorts $25 million for market access, it said Tuesday. It’s the same amount Wynn paid New York state to operate there. Wynn Interactive, a subsidiary of Wynn Resorts, was awarded a New York mobile sports betting … Read more

Super Bowl bets placed online surged this year, verification company says

ATLANTIC CITY, N.J. — Online betting on the Super Bowl surged this year, with many gamblers waiting until right before the kickoff to place their wagers, according to a company that tracks the location of internet gamblers. Data released Monday from GeoComply shows that the number of verification checks it carried out over the weekend … Read more

Here’s how to bet legally on the Super Bowl

ATLANTIC CITY, N.J. — ATLANTIC CITY, N.J. (AP) — More people in the U.S. than ever before are expected to bet on this year’s Super Bowl, including novice bettors attracted to the game due to the possible attendance of pop star Taylor Swift, whose boyfriend Travis Kelce will be among the players. With sports betting … Read more

Betting on the Super Bowl? Be sure to report your wins to the IRS

Travis Kelce of the Kansas City Chiefs, left, and George Kittle of the San Francisco 49ers stand on stage during the NFL’s Super Bowl Opening Night show at Allegiant Stadium in Las Vegas, Feb. 5, 2024. Chris Unger | Getty Images Sport | Getty Images Sunday’s Super Bowl between the NFL’s San Francisco 49ers and … Read more

NFL bars teams from gambling in Las Vegas

Nick Laham | Getty Images The National Football League is holding the Super Bowl in the gambling capital of the U.S. for the first time, but Commissioner Roger Goodell is reminding team personnel they are not allowed to take part in the action. Goodell sent out a memo Thursday ahead of Super Bowl LVIII in … Read more

FanDuel, DraftKings launch online sports betting in Vermont

FanDuel, DraftKings and other online gambling apps are displayed on a phone in San Francisco, on Sept. 26, 2022. Jeff Chiu | AP Vermont launched mobile sports betting Thursday, becoming the latest state to jump into the booming industry. Gov. Phil Scott signed a bill in June authorizing mobile sports betting and announced in December … Read more

Legalized sports betting continued to grow in 2023, though some significant states remain resistant

LAS VEGAS — Legalized sports betting continued its expansion this year while also factoring into scandals in college athletics and suspensions in the NFL for players who violated the league’s gambling policy. Six states either passed legislation to legalize sports wagering or allowed sportsbooks to begin accepting bets. Another state, Florida, relaunched sports betting after … Read more