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Wednesday, feb 26
Tag:
Sports Betting
Sports
NJ Passes $1B In Sports Gambling Revenue, Atlantic City Remains Top Casino Hub Outside Vegas
The US sports betting industry shattered records in 2024, pulling in nearly $14 billion in revenue as more states embraced legal gambling. Sportsbooks brought home $13.71 billion in revenue in 2024, the American Gaming Association (AGA) said in a news release on Wednesday, Feb. 19. That was up 25.4 percent from 2023. Americans legally bet $147.91 billion on sports, a 23.6 percent jump from 2023. More than 95 percent of those wagers were placed online, continuing a trend that has made mobile betting the dominant force in the industry. New York remained the top sports-betting marke…
Sports
Eagles Seek Revenge, Kendrick Ignites Halftime, Free Stream Offered: Your Super Bowl LIX Guide
America's biggest unofficial holiday is here and Super Bowl Sunday offers so much beyond what happens on the field inside the Caesars Superdome. The Philadelphia Eagles and Kansas City Chiefs are set to kick off Super Bowl LIX in New Orleans at 6:30 p.m. on Sunday, Feb. 9. This showdown is a rematch of the NFL's 2023 championship game when the Chiefs beat the Eagles 38-35 at Super Bowl LVII in Glendale, Arizona. The Chiefs have been slight betting favorites at -1.5 on most sportsbooks since the matchup was finalized. That's a reversal from when they were about two-point underdogs in Super B…
News
NJ Man Sues FanDuel
A Bergen County man has filed a lawsuit against online sports betting website FanDuel alleging the company breached its own policy and failed to pay him his full winnings after he pulled out of an active bet. Michael Wadlow, 35, of Upper Saddle River (and soon Ramsey), filed the suit on Oct. 4 in New Jersey Superior Court alleging he self-excluded from a bet with a $5,800 cash-out option and was only refunded his inital $500 wager. Wadlow says in self-excluding, he was relying on FanDuel's website, which says that "active and pending wagers will not be canceled" for anyone who self-ex…
Sports
MLB Suspends Former Jersey Shore HS Star For Betting On Baseball Games
A minor league pitcher from the Jersey Shore was suspended for a year for betting on Major League Baseball games, officials said. Barnegat native Jay Groome was among five players punished under MLB's sports betting rules and policies, the league said in a news release on Tuesday, June 4. Groome made three starts in the 2024 season for the El Paso Chihuahuas, the Triple-A affiliate of the San Diego Padres. Groome was accused of placing 32 MLB-related bets while he was a member of the Boston Red Sox organization in 2020 and 2021. He bet 24 times on the final outcome of Red Sox games whi…
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