ATLANTIC CITY, N.J. — It might have seemed too good to be true, but there it was, and on April Fool’s Day, no less: One of the country’s leading sports books was taking bets on mixed martial arts fights that had already happened a week earlier. FanDuel accepted 34 bets on the fights that were … Read more
Two more men were charged Thursday in the sports betting scandal that prompted the NBA to ban former Toronto Raptors player Jontay Porter for life. Timothy McCormack and Mahmud Mollah now join two other men — Long Phi Pham and a fourth whose name remains redacted in a court complaint — as defendants in a … Read more
Sports and gambling are once again in the spotlight following lifetime bans handed to San Diego Padres infielder Tucupita Marcano and Toronto Raptors forward Jontay Porter. MLB said Marcano placed 387 baseball bets totaling more than $150,000 with a legal sportsbook in 2022 and 2023. The 24-year-old Venezuelan with 149 games of major league experience … Read more
As online gambling sites become more prevalent in Ontario, experts are warning that kids could be collateral damage. As online advertisements geared towards sports gambling seem to be everywhere these days, staff at The Centre for Addiction and Mental Health (CAMH) say their problem gambling service has started seeing younger people come in. “We have … Read more
Does Canada have an inside sports betting problem? Two athletes for Canadian teams were recently penalized for gambling, and experts say the cases highlight a growing — and significant — challenge for the future of professional sports. Jontay Porter, who played for the Toronto Raptors, was suspended for life by the NBA following a league … Read more
Caitlin Clark, #22 of the Iowa Hawkeyes, celebrates after beating the Lousiana State University Tigers 94-87 in the Elite Eight round of the NCAA Women’s Basketball Tournament at MVP Arena in Albany, New York, on April 1, 2024. Andy Lyons | Getty Images The superstar women’s college basketball matchups Monday night attracted more than just … Read more
Disney‘s ESPN is at a crossroads. For more than 40 years, the world’s largest all-sports network has grown annual revenue by increasing cable subscription fees. ESPN first charged pay-TV distributors less than $1 per month per subscriber in the 1980s. In 2023, ESPN’s monthly carriage fee was $9.42 per subscriber, according to data from S&P … Read more
People in North Carolina may have a little more riding on this year’s NCAA men’s and women’s basketball tournaments, as they will be able to legally bet on the games through their smartphone apps and computers for the first time. For the sixth straight year, the number of states allowing legal sports betting has expanded … Read more
Weeks after the Super Bowl, the Ontario Lottery and Gaming Corp. is still working through a backlog of verifying players’ banking information so that funds can be withdrawn, and it’s not clear when the problem might be solved. OLG spokesperson Tony Bitonti told Global News there was a “significant influx” of new players on the … Read more
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
