Sports Betting News The Rise Of Sports Betting The New York Times

What’s the Deal With All Those FanDuel Ads?

Peter Jackson, the chief executive of Flutter Entertainment, FanDuel’s parent company, is fighting for attention as online gambling spreads across the United States. Read More

Is Sports Betting Illegal in Your State? Not if You Call It a ‘Prediction Market.’

Prediction markets like Kalshi, once known for offering wagers on elections, are now in the multibillion-dollar sports betting business and outside the reach of state regulations and taxes. Read More

New York’s September Sports Betting Handle Rises, Hold Falls Below 10%

The Empire State’s online sportsbooks combine for a $2.29-billion handle, but a mild 8.4% hold leads to $193.7 million in profits. Read More

New York online sports betting handle tops $2.29 billion in September

New York’s online sportsbooks took in $2.29 billion in wagers in September, up 10% from a year earlier and 12% from the previous month, according to data released by the New York Gaming Commission ... Read More

New York’s Weekly Online Sports Betting: Handles Rise, Profits Dip in Late September

New York's online sportsbooks generated a $500-million handle for the sixth straight week, but FanDuel's down period led to a 12% overall revenue dip. Read More

New York Sports Betting Handle Nears $2.3 Billion For September

The Empire State has a stranglehold on $2 billion monthly handles, recording all 13 instances spanning the seven-plus years wagering has been available outside Nevada. September’s handle was up 10.3% ... Read More

New York’s Weekly Online Sports Betting Revenue Plunges as NFL Bettors Fight Back

Despite generating the highest handle this NFL season last week, operators in the Empire State struggled to a win rate below 6%. Read More

NCAA investigating 13 former basketball players for sports betting violations

The NCAA is investigating potential violations of sports betting rules involving 13 former men’s basketball players who completed for six schools. Cases include athletes formerly associated with ... Read More

NCAA Division I votes to allow college athletes to bet on professional sports

The NCAA Division I Administrative Committee approved a recommendation Wednesday to allow college athletes to legally wager on professional sports, a significant step toward loosening longtime ... Read More

Gambling addiction experts report increase in young New Yorkers seeking help

College students, many of whom who have never been predisposed to gambling, are finding themselves in the throes of what can be a very devastating addiction that can upend lives. Read More