Articles by Michael Savio

FanDuel dominated Washington, D.C.’s online sports betting sports betting market with a $21 million handle and over $550,000 in tax revenue despite three new operators launching in July. The industry leader’s handle was higher than their three rivals combined.

Reports have shown that Caesars Entertainment has donated $4 million to a group looking to sway voters to vote against legal sports betting in November. While some industry insiders saw the move coming, much of the public was left stunned.

Nevada Rep. Dina Titus has become the first member of the US Congress to publicly oppose the recently proposed SAFE Bet Act, calling it a “misguided” effort. The bill aims to give the federal government the power to regulate all sports betting.

The MLB Players Union has filed lawsuits against DraftKings, FanDuel, Underdog, and bet365, alleging the illegal use of players' images. They claim the operators need a licensing deal to use those images, which the union has been cracking down on over the last month.

The AGA has come out strongly against the SAFE Bet Act, describing the proposed bill as a slap in the face to the efforts of states and their regulators. If passed, the bill would move almost all regulatory control over sports betting to the federal government.

Caesars Sportsbooks has been approved to launch 53 sports betting kiosks across Washington, D.C., replacing the ones previously operated by GameBetDC. The move is the result of sports betting expansion language included in the District’s 2025 budget.

Fanatics Sportsbook launched its platform in Washington, D.C., on Thursday, making it the fifth operator to go live in the market. Fanatics is now available in 22 markets across the US, making it one of the most widespread sportsbooks in the country.

Two lawmakers have proposed the SAFE Bet Act, which would completely overhaul the US sports betting industry. The proposal would reset the market, handing control over to the federal government. The bill would also add severe advertising restrictions and protections for bettors.

Circuit Court Judge Green has ruled that a lawsuit challenging a sports betting initiative lacked the evidence needed to keep it off the November ballot. That means residents will have a chance to legalize the industry in the upcoming election.

New York has reported a 29% year-over-year increase to their sports betting handle in August, a third of which was generated in the first week of the college football season. DraftKings led all operators for the first time since May with $526 million in wagers.