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Michael Savio

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Michael SavioBy: Michael Savio

Action 24/7 Ceases Sportsbook Operations in Tennessee

Action 24/7 has announced it is ceasing operation in Tennessee, its only US sports betting market. The sportsbook’s ties to the payday loan industry and poor oversight led to several scandals over its nearly six years of operation.
Sports Betting
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Michael SavioBy: Michael Savio

Fears Grow Over Impact of Prediction Markets on Young Bettors

There are growing fears about what is driving the rise of sports prediction markets, which may be due to the lower minimum age requirement. The industry has set the age at 18, while more sportsbooks have theirs at 21.
Toronto Skyline
Michael SavioBy: Michael Savio

Ontario Regulator Fines FanDuel Sportsbooks Over Match-Fixing

An Ontario regulator has fined FanDuel Sportsbook $350K for failing to promptly catch and report a betting scandal involving a table tennis tournament. Online sportsbook operators had been warned that match-fixing might occur, but failed to prevent it.
Sports Betting
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Michael SavioBy: Michael Savio

US Attorney Charges 15 NCAA Athletes Over Match-Fixing

A US Attorney has filed federal charges against 15 current and one former NCAA men's basketball players in connection with a massive point-shaving scheme. A total of 17 Division I schools and 29 games were listed in the indictment.
Sports Betting
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Michael SavioBy: Michael Savio

The Biggest Takeaways From Kambi’s 2025 Betting Trends Report

We are sharing our biggest takeaways from Kambi’s 2025 Sports Betting Trends Report, which provides key insights into the industry. We’ll cover which sports bettors wagered on, the impact of player prop bets, and the dominance of the NFL.
Sports Betting
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Michael SavioBy: Michael Savio

Rhode Island to Add Second Online Sportsbook in November

The Rhode Island Lottery has opened up the bidding process for a new online sportsbook license. SportsbookRI has been the only legal platform in the state since 2019, but growing complaints from bettors drove lawmakers to expand the market.
Sports Betting
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Michael SavioBy: Michael Savio

US Actions Raise Fears Over the Status of the 2026 World Cup

The US has begun to alienate itself from the international community, leading many to worry that the North American World Cup won’t happen this summer. A recent attack and threats of more could lead to boycotts, though FIFA is unlikely to take action.
World Cup 2026
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Michael SavioBy: Michael Savio

Super Bowl LX Will Test Impact of Prediction Industry

Next month’s NFL Super Bowl will feature an expanded sports prediction industry, providing a gauge of its performance relative to sports betting. It will also test the new sports prediction platforms launched by Fanatics, FanDuel, and DraftKings.
Sports Betting
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Michael SavioBy: Michael Savio

Is There a Problem Gambling Crisis Brewing in Illinois

The battle unfolding in Illinois between sportsbooks and lawmakers is driving up fees for bettors. It led many casual bettors to stop wagers, but those who stayed are spending more. That’s led to questions around how those struggling with addiction have reacted.
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Michael SavioBy: Michael Savio

BetRivers Sportsbook Announces New $5 Bet Minimum in Illinois

BetRivers Sportsbooks will be raising its minimum bet requirement to $5 in Illinois. It recently raised it to $1 after the state increased taxes. The new change comes just days after Chicago enacted a new city-specific license and tax system.
Sports Betting