Daily Archives: July 16, 2024

July 16, 2024

Report: Louisiana regulator drops gambling charges against Patriots player

ESPN reported on Tuesday (16 July) morning that the Louisiana State Police Gaming Enforcement Division had dropped gambling charges against Kayshon Boutte. The charges stemmed from actions when Boutte played for the Louisiana State college football team.

Boutte, now a wide receiver with the New England Patriots, was arrested on gambling charges in January, per ESPN. State investigators found that Boutte bet on sports between 6 April 2022 and 7 May 2023. He was 20 at the time. Under Louisiana law, only those over the age of 21 are permitted to wager.

The ESPN report did not indicate why the gambling charges were dropped.

Boutte allegedly created a betting account on a legal sportsbook using an alias. He allegedly placed more than 8,900 bets, including 17 on the NFL and six on LSU during a 13-month span. The betting continued for a week after he was drafted by the Patriots in 2023.

NFL suspended 10 last year

It is a violation of NFL rules to bet on football and a violation of NCA..

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July 16, 2024

Online wagering in US capitol on hold until mayor signs budget; platforms were ready to go Monday

Two sports betting platforms were ready to begin offering their products throughout Washington, DC on Monday (15 July). But Mayor Muriel Bowser still hasn't signed the budget bill that would allow BetMGM and Caesars Sportsbook to go live.

Bowser has until 25 July to sign the budget. If she does not sign or veto it by then, it will automatically go into effect.

BetMGM and Caesars sportsbooks indicated on Monday that they are waiting for the mayor’s signature, but are unsure when it will come. BetMGM cancelled a planned celebration at Nationals Park, a company representative said. As of Monday night, FanDuel, partnered with the DC Lottery, remained the only platform available to those betting in DC.

But according to the Washington Examiner, FanDuel’s platform was unavailable Tuesday (16 May). For now, Washington, DC sports bettors can only place bets in person. FanDuel said in a statement to the Washington Post that it would re-launch once the budget was approved.

On 25 June th..

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July 16, 2024

Illegal market outstrips licensed French gambling, AFJEL warns

French online gaming association AFJEL says Euro 2024 handle for its members fell far below pre-tournament estimates amid a rise in illegal gambling in the country.

The illegal gambling problem has reached a tipping point, l’Association Française des Jeux En Ligne (AFJEL) warned, with illegal players totalling four million in 2023, ahead of the regulated sector’s 3.6 million.

While French gambling regulator l’Autorite Nationale des Jeux (ANJ) predicted €1bn would be wagered on the tournament, AFJEL said around half of that figure was staked.

Instead, the association betting volumes were stagnant compared to the last European Championship in 2021. After that tournament, when France was eliminated in the second round, online punters wagered €343m. This would be increased to around €500m when La Francaise des Jeux’s retail network was included.

The amounts staked were also down 25% from the 2022 World Cup, AFJEL added, when €900m was bet as France reached the final.

AFJEL: Frenc..

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July 16, 2024

Massachusetts reports sports betting growth despite retail loss in June

Massachusetts saw its sports betting handle and taxable gaming revenue both increase year-on-year in June despite reporting a loss within its retail market.

Total player spending on sports betting in Massachusetts during June amounted to $509.4m (£303.1m/€467.8m). This is 57.5% up from $323.5m last year but 13.3% behind $587.3m in May this year. It is also the lowest monthly total since $314.9m was bet in August 2023.

Online betting spending hit $500.7m in June, with retail drawing just $8.6m in comparison.

Revenue-wise, operators across online and retail reported $40.5m. This is up 25.8% from last year’s $32.2m haul but 29.0% short of $57.0m in May and the lowest monthly amount since $22.7m last August.

Online sports betting generated $41.0m in revenue during June. However, a $588,965 loss from the retail sector pushed the overall revenue total down for the month.

As for hold, across the Massachusetts market, this stood at 8.30% in June. Online hold hit 8.44% with retail at 0.01..

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