#Tom Reeg

The Ohio Casino Control Commission (OCCC) fined Barstool Sports for illegally marketing its Barstool Sportsbook during a November 15 campus event at the University of Toledo. violated two gambling regulations regarding to whom and where it can advertise According to the commission, Barstool violated two gambling regulations regarding to whom and…

It wasn't the $2 billion-plus that the record Powerball jackpot that was hit for this week, but Jim "Mattress Mack" McIngvale received a massive payday of his own. When his beloved Astros won the World Series last weekend, the rollicking 71-yer-old Houston furniture store owner became what is widely regarded as the biggest winner of bets on a…

But will profit-conscious sportsbook operators keep putting themselves, and their shareholders, in such pricey positions in the future? Mattress Mack didn't hedge - and that's gotta hurt for several operators of online sports betting sites in the United States, as well as their shareholders. The win by the Houston Astros on Saturday night to clinch…

An increase in the number of parlays wagered a key driver for the improved results of Caesars' Digital, the division of Caesars Entertainment that features the sportsbook and casino, as parlays helped boost hold rates. Caesars Entertainment has reported record third-quarter adjusted EBITDA earnings of $1 billion in the third quarter of 2022, a 15%…

The new, upgraded Caesars Sportsbook is coming to Pennsylvania just in time for college football and NFL betting. The new version of the app is preparing to launch on August 30. However, Caesars Sportsbook has been live Pennsylvania since March 2020 but has done little to establish more than.1% of market share despite strong brand recognition. Will…

There are only so many territories of consequence left for companies to break into in the U.S., and Ohio is the seventh-most populous state in the country, teeing it up as a major battleground for operators. The fight to acquire Ohio sports betting customers is already underway, with at least one operator unveiling a pre-launch bonus well before…