October Marks a Record Month for Virginia Sports Betting Sites

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Category: Gambling Industry

Created: Sunday, 04 December 2022 12:52

Virginia sports betting sites achieved a milestone in their monthly handle in October. According to pay per head bookie experts, football season drove the bigger handle. Also, Virginia approved more operators during the month.

According to the Virginia Lottery, the state's online sports betting companies processed $528 million in wagers in October, up from $411.3 million in September.

Virginia's sportsbooks never had a monthly handle of more than $500 million before October.

In October, the handle for Virginia's 13 licensed operators was also 23.6 percent greater than the $427.3 million wagered in October 2021. During that time, there were only nine sportsbooks.

Read more: October Marks a Record Month for Virginia Sports Betting Sites

Manchester United Wins Against Tottenham without Cristiano Ronaldo

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Category: Soccer

Created: Sunday, 23 October 2022 10:22

Manchester United wins against Tottenham 2-0. However, Cristiano Ronaldo didn't see action in the game. Manager Erik ten Hag opted not to use Ronaldo. Instead, he brought on Anthony Elanga and Christian Eriksen with several minutes left in the game.

Instead of waiting for the game to end, Ronaldo headed to the locker room. Hag said that he ignored Ronaldo's actions. However, he would deal with the Portuguese striker the next day.

On Sunday, Ronaldo was unhappy when ten Hag substituted him into the game at the 72nd mark. But, according to bookie PPH reports, the manager decided that he could keep his strikers fresh for the next couple of games.

Read more: Manchester United Wins Against Tottenham without Cristiano Ronaldo

Tennessee Titans Won Against Green Bay Packers

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Category: NFL

Created: Sunday, 20 November 2022 10:06

The Green Bay Packers looked like they have turned their season around after winning against Dallas Cowboys last week. However, they failed to get the same result against the Tennessee Titans.

According to bookie pay per head reports, the Titans triumphed 27-17 on the Frozen Tundra on Thursday, leading from start to end. They improved to 7-3 after starting the season with two defeats, while the Packers fell to 4-7 after snapping a five-game losing run against the Cowboys.

The Packers fought from 14 points down against the Cowboys and appeared to be on track for another comeback against the Titans, as they rebounded from 20-9 to 20-17 in the third quarter.

Sportsbook pay per head solution providers saw Ryan Tannehill's touchdown pass to Austin Hooper that gave the Titans the lead in the fourth quarter.

Read more: Tennessee Titans Won Against Green Bay Packers

ESPN and DraftKings Close to Signing a Sports Betting Deal

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Category: Gambling Industry

Created: Tuesday, 04 October 2022 23:08

Various gambling industry news sources show that DraftKings and ESPN are close to signing a sports betting deal. Also, DraftKings would rebrand its sportsbook to include the name of the sports broadcasting company.

Both ESPN and DraftKings would gain from working together. ESPN could make money from the growing market for sports betting. On the other hand, DraftKings will be linked to the most popular sports broadcaster, including college basketball and football. As part of its purchase of Fox's entertainment assets, Disney currently owns 6% of DraftKings.

Pay per head bookie operators and sports fans watch sports events using the ESPN app. Also, a large number of viewers are interested in betting on sports. Thus, DraftKings' offering sports betting through the app could improve its market share.

Read more: ESPN and DraftKings Close to Signing a Sports Betting Deal

Fox Wins Right to Purchase FanDuel Stake

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Category: Gambling Industry

Created: Sunday, 06 November 2022 15:41

Fox won the right to purchase FanDuel stake from its parent company Flutter. However, the price was not what they expected. Should Fox choose to buy the 18.6 percent stake, its price would be at least $3.72 billion.

The ruling puts an end to the lengthy legal dispute between the two businesses over how much FanDuel should be valued at. Along with services from DraftKings, Caesars, and MGM, FanDuel has become one of the top sports betting platforms in the United States.

According to bookie pay per head sources, Fox would be required to pay a sum based on a $20 billion FanDuel value. At an anticipated price of $11.2 billion, Flutter, which owns about 95% of FanDuel, purchased a 37.2 percent share in the business in December 2021. Fox had contended that the cost ought to be determined by that bar.

Read more: Fox Wins Right to Purchase FanDuel Stake

FIDE Reprimanded Magnus Carlsen for Quitting a Match After a Move

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Category: News

Created: Sunday, 25 September 2022 00:10

The International Chess Federation or FIDE reprimanded Magnus Carlsen for quitting an online chess match. The former world champion resigned after Hans Niemann made a move. However, FIDE said they shared Carlsen's concerns about how cheating can damage the sport.

FIDE said that the top chess player could have handled the situation better. They added that a World Champion has moral responsibility attached to the title because he is a global ambassador of chess. Also, Carlsen's actions can influence the reputation of his colleagues and results. In the end, it could damage chess.

According to bookie pay per head sources, Carlsen and Niemann were part of the Julius Baer Generation Cup when Carlsen resigned from the online match and turned off his camera. Also, he withdrew from the Sinquefield Cup earlier this month after Niemann defeated him. It was his first time withdrawing from a tournament.

Read more: FIDE Reprimanded Magnus Carlsen for Quitting a Match After a Move