October 11, 2024 – Bookielink

October 11, 2024

State of the Union: Missouri campaign donations approach $50m, Florida opportunity?

Welcome to iGB's State of the Union, a look at the biggest North American sports betting stories we've covered over the week and briefs on others we found interesting.
More money in Missouri
Casino and online gambling companies continue to pour money into campaigns for and against Amendment 2 in Missouri. The proposal, which will be on the November ballot, would legalise statewide mobile and retail sports betting.

Caesars Entertainment, which operates three casinos in the state, added another $3.3m (£2.5m/€3m) to Missourians Against the Deceptive Online Gambling Amendment on Monday (7 October). So far, the company is the only one funding the campaign and has staked it with with $14.2m to date. The Monday donation came via Caesars’ Tropicana St Louis property.

Under Amendment 2, Missouri casino companies would be entitled to one digital skin. When the issue was being considered in the state legislature, casino companies would have been able to get one skin per physical loc..

October 11, 2024

US sports betting round-up: Maryland and Kansas September

Rounding up some of the latest monthly sports betting results in the US, iGB takes a look at how Maryland and Kansas fared during September.
Maryland handle hits $532.9m
Focusing first on Maryland, taxable revenue during September hit $62.5m (£47.9m/€57.2m). This is 190.7% more than the same month last year and 68.0% more than August this year, but not quite a new record.

Data from Maryland Lottery and Gaming shows mobile betting accounted for $60.7m of all revenue in September. Retail sportsbooks generated the remaining $1.9m.

Handle-wise, players spent $532.9m, the fifth-highest total since wagering went live in December 2021. The total beat last year’s figure by 20.4% and is also 41.2% ahead of August. Overall spend on mobile during September was $518.9m, with retail’s handle at $14.0m.

In terms of hold, for the state as a whole, this reached 11.73%. For online, hold was 11.70% and retail 13.57%. As for tax, the state collected a record $9.4m from betting operators. Wagering oper..

October 11, 2024

“Simply put, if a student-athlete is inclined to gamble, they’re going to do it”

What do NCAA athletes, coaches and administrators really think of the proliferation of gambling? One college professor sought to find out.
Early in this college football season, Michigan State quarterback Aidan Chiles made national headlines when he was talking to media members about the Spartans’ upcoming game against Florida Atlantic.

Rather than predict a high-scoring contest, Chiles put it in different terms that caught many off-guard.

“If you bet, take the over,” said Chiles.

A starting QB making a blatant sports betting reference in front of the media generated a storyline that those within the walls of the NCAA offices would rather not deal with.

Chiles’ remarks are just another example of how much sports betting has become a mainstream topic. Such is the case when promotions from the national sportsbooks have become ubiquitous during game time.

As for the impact of these advertisements on those actually participating in the games, the NCAA and its member schools have taken..

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Daily Archives: October 11, 2024

State of the Union: Missouri campaign donations approach $50m, Florida opportunity?

US sports betting round-up: Maryland and Kansas September

“Simply put, if a student-athlete is inclined to gamble, they’re going to do it”