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8 mentions found


☆ Phil Mickelson considered a bet on 2012 Ryder Cup, book alleges
  + stars: | 2023-08-10 | by ( Jacob Lev Jillian Martin Ray Sanchez | Jacob Lev | Jillian Martin | ) edition.cnn.com   time to read: +7 min
CNN —Phil Mickelson considered a $400,000 bet on the 2012 Ryder Cup – in which he was participating – according to a book that will be released later this month by professional gambler Billy Walters. “The only other person I know who surpassed that kind of volume,” Walters wrote, “is me.”In a Thursday post on X, formerly known as Twitter, Mickelson denied betting on the 2012 Ryder Cup. Walters wrote he doesn’t know if Mickelson ever placed that bet. Walters suggested in the book, according to Golf Digest, that Mickelson was to blame for the prison sentence. The superstar came under fire last year over his involvement in the controversial LIV Golf, the world’s most lucrative golf tour.
Persons: Phil Mickelson, Billy Walters, Walters, Mickelson, Mickelson “, ” “, “, ” Walters, ”, Pete Rose, “ You’re, Arnold Palmer, ” Mickelson, “ Haven’t, Amy, Nevada ’ Walters, Donald Trump, “ Phil Mickelson, Phil, LIV Golf, Alan Shipnuck, “ Phil, ” Shipnuck, Jamal Khashoggi, LIV, Mohammed bin Salman, Khashoggi, Bin Salman Organizations: CNN, Twitter, Ryder, US, Dean Foods, United States, Southern, of, FBI, Securities and Exchange, League, PGA Tour, Saudi Arabia’s Public Investment Fund, Saudi, Congress Locations: Nevada, New York, of New York, Saudi, Saudi Arabia, Washington, al Qaeda
☆ More than 180 years of horse racing in Singapore is coming to an end
  + stars: | 2023-06-07 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: +1 min
Horses being ridden by work riders during a Singapore Turf Club trackwork session on May 15, 2014 in Singapore. The Singapore Turf Club on Monday announced that it will hold its final race on October 2024, closing a 180-year-old chapter on horse racing in the city state. At the same time, we understand the land needs of Singapore, including housing and other potential uses such as leisure and recreation," Turf Club Chairman Niam Chiang Meng said in a press release. Demand for housing in Singapore has been soaring, pushing 2023's first-quarter private residential property price index up 11% compared to the same period last year. "Young people don't bet on horses, they go to casinos now," Jimmy, a 67-year-old avid horserace bettor from Singapore told CNBC, adding that racing takes place only once a week on Saturdays and at 30-minute intervals.
Persons: Niam Chiang Meng, Jimmy Organizations: Singapore Turf Club, Monday, Government, Turf, CNBC Locations: Singapore
☆ Super Bowl betting sets records for sportsbooks
  + stars: | 2023-02-13 | by ( Contessa Brewer Jessica Golden | Contessa Brewer | Jessica Golden | ) www.cnbc.com   time to read: +2 min
FanDuel expected to handle more than 17 million Super Bowl bets. GeoComply , a company that verifies the locations where gamblers are betting, saw 100 million sports betting transactions this Super Bowl weekend, an increase of 25% over last year. It was a record-breaking Super Bowl for sportsbooks as gamblers ponied up across the United States. "This was BetMGM's most successful Super Bowl and most bet on single game sporting event ever," the company told CNBC. Already, sportsbooks are accepting wagers for next year's Super Bowl, which, for the first time, will take place in America's gambling capital – Las Vegas.
☆ Watching the Super Bowl? Bettor Beware
  + stars: | 2023-02-11 | by ( Danny Funt | ) www.wsj.com   time to read: 1 min
Sunday’s Super Bowl is likely to generate more legal bets than any sports contest in American history. “You can guarantee it,” said Jason Scott, who oversees oddsmaking at BetMGM. Sportsbooks are bullish about the big game, in part because some of the trendiest ways to wager stack the odds against customers even more than usual. For the average fan, it is easier than ever to bet on sports, and harder than ever to win long term.
☆ Online sports betting is surging. So is gambling addiction
  + stars: | 2023-02-10 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +10 min
The booming sports betting industry, lawmakers and even the professional sports leagues themselves are making it easier, faster and more tempting for people to bet on games — and develop gambling problems, say gambling researchers and addiction specialists. A flood of advertising, technology that allows for one-click betting at home, and nearly unlimited betting options during games have collided. The sports gambling industry is most similar to financial markets, he said, but financial markets are much more regulated than banks. Most states require that sports betting ads disclose the minimum legal age to gamble and responsible gambling messages, such as problem gambling hotlines. From DraftKingsRegulators are wary of how tightly they can curtail messages in gambling advertising without running afoul of First Amendment protections on commercial speech.
☆ FuboTV insiders describe how its 'doomed' sportsbook collapsed in a year — and what it means for the future of the streaming company
  + stars: | 2023-01-19 | by ( Colin Salao | Ashley Rodriguez | ) www.businessinsider.com   time to read: +22 min
But despite the MetLife lounge remaining open throughout the 2021-22 NFL season, the Fubo Sportsbook wouldn't launch in New Jersey until the following one, in September 2022. "It was doomed from the start," one former Fubo Gaming staffer told Insider. Meanwhile, Rattner — whom the first former Fubo gaming staffer described as a "good talker" — sustained the startup's more youthful culture. The Fubo Sportsbook launched in New Jersey on September 7, days before the first Jets home game. A promotional image from when the Fubo Sportsbook went live in New Jersey in September 2022.
☆ A new sports-betting app that lets gamblers trade bets like stocks is launching, as startups race to build the Robinhood of wagering
  + stars: | 2022-09-15 | by ( Ashley Rodriguez | ) www.businessinsider.com   time to read: +6 min
Its app, which lets users to trade sports bets like they would stocks, launches in New Jersey Thursday. On Thursday, its new app that allows users to trade sports bets like they would stocks goes live in New Jersey. Sporttrade, which Insider trialed in its beta version this week, looks more like a trading app than a sportsbook. In the US, there are now various peer-to-peer exchanges from BettorEdge to Prophet that let users bet against each other instead of playing against the house. It's also hoping to build on that with word of mouth as people start to experience the app firsthand.
☆ How sports betting is changing the media industry in the US
  + stars: | 2022-09-07 | by ( Ashley Rodriguez | Colin Salao | ) www.businessinsider.com   time to read: +3 min
The ties between media outlets and gambling operators have only deepened since. Read more about how FuboTV is rethinking its sports betting strategy after August layoffs. On top of that, the US sports gambling industry is still in its infancy. New York turned on mobile sports betting in January, which could be a boon for the media industry even though the market could be tricky for gambling companies. A list of our recent coverage of the US sports betting industry follows.
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