Daily Sports Recap for Thursday, September 5th:
A Fresh Take:
Sports Handle's deep-rooted legacy in sports reporting and industry coverage continues on Action Network, part of Better Collective's strategic initiative. To keep you, our Sports Handle fans, updated, we're bringing you snippets of our daily coverage on Action Network. Here's a rundown of what we've got for you today:
A notorious Kansas City Chiefs superfan and high-stakes sports bettor, infamously known as Chiefsaholic, was handed a prison sentence of 17.5 years. This wolf-costumed fan turned bank robber made headlines for laundering the loot he snatched from banks through casino channels. Read the full story here.
In an intriguing revelation by sports odds intelligence firm Bettormetrics, DraftKings' mobile sports betting markets suffered the least downtime during the 2023-2024 NFL season. On the contrary, bet365's markets saw the longest suspension periods. Delve into the details here.
Genius Sports squashed rumors of its intention to acquire Kambi, a white-label sportsbook platform. If the transaction had gone through, it could have been one of the most significant developments in the sports betting supplier industry, post the groundbreaking PASPA decision. Learn more here.
Indiana Gaming Commission Executive Director, Greg Small, has bid farewell to his post to join Fliff, becoming their head of legal and government affairs. He will be temporarily replaced by the IGC General Counsel, Dennis Mullen. Explore the story here.
Ashore in Virginia's sports betting market, Sporttrade has secured licensing approval, making it their fifth market access nationwide. As mid-sized operators rumble out, Sporttrade eyes the gap, vowing to deliver favorable pricing for its customers. Find out more here.
Insights:The sports betting market is surging, largely thanks to the growth of online betting and mobile apps, projected to reach a whopping USD 329.96 billion by 2033[1]. For granular data on market suspensions, consider consulting specialized reports or studies focusing on the NFL season. Alternatively, reach out to sports betting organizations or regulatory bodies for more specific insights.
- Engaged in casino-games such as poker, individuals may find themselves wagering substantial amounts, a practice known as high-stakes sports betting.
- The popularity of sports betting, including American football like NFL, has skyrocketed, with online platforms and mobile apps playing a significant role in its growth.
- In the realm of casino-and-gambling, sports betting has gained considerable momentum, and a notable example is the growing interest in football matches, both in the NFL and internationally.
- Analyzing sports betting markets is crucial for understanding trends, and Bettormetrics' report on the NFL season is a valuable resource for insights on market downtimes, with DraftKings and bet365 having distinct performances.
- As the sports betting market expands, new players such as Sporttrade, having secured licensing in Virginia, aim to capitalize on favorable pricing to gain a competitive edge in mid-sized markets.
