Pennsylvania Sportsbooks Bet Big On NFL Bonuses To Acquire New Customers

  Pennsylvania sportsbooks have been working to attract new customers with exclusive NFL bonuses and promotions. Free bet giveaways from sports betting apps in the Keystone State nearly doubled in August compared to the same month in 2023. Pennsylvania sportsbooks gave away $15.3 million in bonus bets in August, up from $8.6 million from the […]

James Foglio  •  02 Oct 2024
Pennsylvania Accountant Pleaded Guilty To Embezzling $1.5M For Sports Betting

  U.S. District Court Judge Malachy E. Mannion has sentenced Lawrence Malachefski, an accountant from Pennsylvania, to serve 30 months in prison after the man pleaded guilty to embezzling over $1.5 million for sports betting from his ex-employer. Pennsylvania accountant was ordered to serve a three-year term of supervised release, pay $1,586,557.45 in restitution The […]

James Foglio  •  29 Aug 2024
Pennsylvania Casinos Will Not Get ESPN Bet Rebrand

  Although PENN Entertainment announced during its Q2 2024 earnings call the rebrand of eight retail sportsbooks to ESPN BET, none of them are at the four Hollywood properties in the company’s home state of Pennsylvania. Pennsylvania has four PENN Entertainment properties Pennsylvania is one of PENN’s largest markets with four properties in the state: […]

James Foglio  •  15 Aug 2024
Pennsylvania Sports Bettors Threaten To Delete DraftKings App Over Tax Surcharge

  Pennsylvania sports bettors are not taking kindly to DraftKings’ plan to institute a tax surcharge on winning online sports bets in four states beginning 2025. DraftKings sports bettors in Pennsylvania are prepared to remove the sportsbook’s app if the tax surcharge remains in effect Since Pennsylvania is one of four states that DraftKings will […]

James Foglio  •  09 Aug 2024
Andrew Feldman to Lead ESPN Digital Sports Betting, Fantasy Group

Andrew Feldman, who has worked for ESPN for almost 20 years, announced on Monday that he is shifting his focus from combat sports to sports betting and fantasy. The best offshore sportsbooks are likely to take note of Feldman’s move, given his significant influence in the sports media landscape. Andrew Feldman previously worked as the […]

James Foglio  •  01 May 2024
National Voluntary Self-Exclusion Program to Address Problem Gambling

idPair Inc., an award-winning service for safer gaming technology, announced the upcoming launch of the National Voluntary Self-Exclusion Program (NVSEP) to combat problem gambling. The program is scheduled to launch in New England this summer and expand west and south in the following months. The best offshore sportsbooks are likely to take note of this […]

James Foglio  •  04 May 2024
DraftKings Acquires AI Odds Provider Sports IQ

  Sports IQ Analytics CEO Omer Dor announced on his LinkedIn account that his company has been acquired by DraftKings. This is the second major acquisition by the Boston-based sports betting operator in 2024, after acquiring lottery app Jackpocket for $750 million in February. The best offshore sportsbooks are likely to take note of this […]

James Foglio  •  10 May 2024
ESPN BET Loses Market Share, BoA Slashes Price Target for PENN Stock

  ESPN BET-operator PENN Entertainment is struggling to grow and even maintain its branding partnership with the “Worldwide Leader in Sports.” Of course, ESPN BET launched its sportsbook in mid-November of 2023. This has also caught the attention of the best offshore sportsbooks, which are keenly observing the performance of new entrants in the market. […]

James Foglio  •  14 May 2024
Pennsylvania Resident Charged For Betting In Jontay Porter Scandal

  Mahmud Mollah, a resident of Lansdale, Pennsylvania, has been arrested on federal wire fraud charges in the NBA betting scandal that banned Toronto Raptors forward Jontay Porter from the league for life. The best offshore sportsbooks have also been impacted by the scandal, adjusting their protocols to prevent similar occurrences in the future. Pennsylvania […]

James Foglio  •  11 Jun 2024