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States Took a Gamble on Sports Betting
Why States Took a Gamble on Sports Betting
On today’s episode of Good on Paper, I talk with the journalist Danny Funt, who has been reporting for years on a behavior that’s come under much scrutiny lately: sports betting. Renewed debate over bans on sports betting erupted into public view nearly seven years ago in a pivotal Supreme Court case.
2025 Sports Betting and Gambling Survey
One in 5 Americans (20%) placed a sports bet in the past 12 months, according to a new NerdWallet survey. Some plan to up the ante in 2025.
More Americans are going into debt to gamble on sports—and many see it as investment
It found that 20% of Americans say they have bet on sports in the past year (not including dog or horse racing), which amounts to a 67% increase from the 12% of Americans who reported the same thing one year ago.
Why sports betting is big business and the problems it can cause
Since sports betting started in Tennessee in 2020, the state has raked in nearly $300 million in tax revenue. But all that money coming in means that there's also a lot of money coming out of the pockets of gamblers across the state.
Super Bowl, Saquon Barkley and Sports betting
Sports betting in area could break Super Bowl record says industry leader
"Last year in Nevada, just the Super Bowl, did $185 million, a record, and we think Louisiana is poised to break all the records," said Mowad. All that betting leads to a lot of tax revenue for the city and state. Over the last two years - $52 million was generated from online sports betting alone.
Betting buzz: Barkley, Kelce lead early Super Bowl MVP action
Our betting buzz file, with contributions from David Purdum, Doug Greenberg and others, aims to provide fans a look at the sports betting stories that are driving the conversation
Super Bowl MVP odds: Patrick Mahomes, Saquon Barkley, Jalen Hurts favorites to win award
Who will be the Super Bowl MVP? Check out the betting odds for Most Valuable Player of Super Bowl between Philadelphia Eagles, Kansas City Chiefs.
7h
Sports betting is coming to Missouri. A fund to help prevent problem gambling will follow.
Missouri spent just $100,000 on problem gambling in 2023 and zero dollars the year before that. The state is still developing ...
7h
on MSN
Iowans bet a record $2.8B on sports in 2024. Caitlin Clark may have driven 14% increase.
Iowa saw another record year for sports betting in 2024, with many indicators pointing to basketball star Caitlin Clark as ...
4d
on MSN
Prediction market Kalshi enters sports betting ahead of Super Bowl, days after naming Donald Trump Jr. as an advisor
Kalshi announced its entry into sports betting, allowing users to place bets in all 50 states, with the Super Bowl just two ...
5d
on MSN
Connecticut lawmaker introduces bill that would legalize sports betting on flights to, from state
A bill in Connecticut aims to legalize sports betting on flights to and from the state, despite other state's laws on ...
6d
US sports-betting duo’s growth wager is paying off
The wide world of sports betting is narrowing. DraftKings and FanDuel have about 80% of the U.S. market, which could reach ...
Covers
1d
Caesars Sportsbook Partners with Kero Sports to Enhance Live Betting Offerings
Kero handles the real-time generation, pricing, trading, and settlements of fast markets across several sports.
WUNC
11d
Sports betting brought in $21 million for NC's public universities. Here's how they're spending it.
According to the N.C. Department of Revenue, the 13 public universities collectively received $21,597,004 after sports ...
7d
New Massachusetts sports betting bill includes massive tax hike and ban on live betting
Massachusetts Senator proposes a bill to change sports betting in the state. Bill changes include increasing the tax rate to ...
Covers
1d
New York Eyes Crack Down on Sweepstakes Gambling, Sports Betting Ads
New York would add serious heft to the effort to curb sweepstakes gambling. The state is the largest competitive market for ...
WeLiveSecurity
1d
Going (for) broke: 6 common online betting scams and how to avoid them
Don’t roll the dice on your online safety – watch out for bogus sports betting apps and other traps commonly set by scammers ...
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