Articles by Michael Savio

DraftKingillustraion
Michael SavioBy: Michael Savio

DraftKings Sportsbook Loses Motion to Dismiss Lawsuit Over Welcome Offer

A Massachusetts court has rejected DraftKings Sportsbook's motion to dismiss a lawsuit over its deposit match welcome bonus. That means the Public Health Advocacy Institute lawsuit will proceed, which accuses DraftKings of deceptive advertising about the offer.
08/23/2024
Sports Betting
Michael SavioBy: Michael Savio

"This effort to decertify our ballot inactive is completely without merit" - Missouri Sports Betting Initiative Under Attack With New Lawsuit

A new lawsuit has been filed challenging a recent sports betting initiative to get legalization on the ballot in November. Though the group behind the initiative gathered enough signatures, the lawsuit alleges that confirming those signatures was done incorrectly.
08/23/2024
Sports Betting
Michael SavioBy: Michael Savio

New AGA Policy Takes Aim at Sweepstakes-Based Sportsbooks

The American Gaming Association has released a new policy questioning the fairness of sweepstakes sportsbooks, which are currently unregulated in the US. While no legal action will be taken, the new policy shows the group’s plans to reign the industry in.
Michael SavioBy: Michael Savio

BetMGM Sets New Industry Standard in Nevada Online Sports Betting

BetMGM no longer requires bettors in Nevada to use unique accounts; instead, it allows them to use funds and bonuses from accounts set up in other states. They are the first Nevada online sportsbook to offer this seamless experience.
08/22/2024
Sports Betting
Massachusetts Gaming Commission Drops IBA From Betting Catalog
Michael SavioBy: Michael Savio

Massachusetts Gaming Commission Drops IBA From Betting Catalog

The Massachusetts Gaming Commission has voted unanimously to remove events from the controversial International Boxing Association from the state’s bet catalog. The move comes soon after an Olympics scandal that revealed Russia’s control of the league.
08/20/2024
Sports Betting
Downtown_Boston_skyline
Michael SavioBy: Michael Savio

October Deadline Set for Sports Betting Limitation Discussion in Massachusetts

The MGC has announced that a roundtable discussion about limiting sportsbook customers will be held before the first week of October. While the state’s active sportsbooks are expected to participate, they did not attend the talk hosted earlier this summer.
08/16/2024
Sports Betting
Michael SavioBy: Michael Savio

DC Attorney General Demands Documents from GameBetDC Operator

Reports are that Washington D.C., is demanding documentation from Intralot as a part of an ongoing investigation. Attorney General Brad Schwalb has yet to confirm any details, including who the target of the investigation is.
08/15/2024
Sports Betting
Missouri Sports Betting Initiative Succeeds
Michael SavioBy: Michael Savio

Missouri Sports Betting Initiative Qualifies for November Ballot

The Missouri Attorney General has approved an initiative to get the topic of sports betting put on the November ballot. This will allow residents of the Show-Me state to decide the issues themselves, circumventing years of legislative roadblocks.
08/15/2024
Sports Betting
DraftKingillustraion
Michael SavioBy: Michael Savio

DraftKings Sportsbook Drops Plans for Controversial Proposed Surcharge

DraftKings has announced that it will no longer move forward with a controversial surcharge on betting winnings in four major markets with high tax rates. The decision comes soon after FanDuel other operators declined to follow suit by adding similar charges.
08/14/2024
Sports Betting
Drafkings
Michael SavioBy: Michael Savio

DraftKings Sportsbook New Surcharge Sends Shockwaves Across Industry

DraftKings stunned the sports betting industry by announcing a new surcharge on all customer winnings in four US markets starting in 2024.
08/12/2024
Sports Betting