It was another news-filled week in the world of gambling.
In this installment of the weekly roundup from US Bets, we’re giving you a rundown of some of the more interesting new nuggets from the world of sports betting and beyond.
Also be sure to check out Sports Handle for its weekly news recap, “Get a Grip.”
Huge bidding for chance to ‘blow up’ ex-Trump casino
“It’s going to hit $300,000 no problem, probably $500,000 and who knows, that million might be in sight.”
— NJ Online Gambling (@NJ_Gambling) January 5, 2021
Long shot wins CFB’s highest honor
Alabama WR DeVonta Smith wins 2020 Heisman Trophy.
He opened with 100-1 odds at @SuperBookSports in January 2020 and was 100-1 as late as August.
— Ben Fawkes (@BFawkes22) January 6, 2021
Wild gambling swings for GA election
Prediction markets aren't much good for, well, predicting, but they're a useful gauge of conventional wisdom. Tuesday's GA results really were an earthquake pic.twitter.com/d8PVPxIr8J
— Paul Krugman (@paulkrugman) January 7, 2021
Poker players win prominent sports betting contest
When live cash games dried up in 2020, David Baker (@audavidb) and Mark Gregorich (@markgregorich) focused their energy on the Las Vegas sports betting SuperContest. And they walked away with the win.https://t.co/D0y9QZJ0OB
— PocketFives (@PocketFives) January 7, 2021
Multi-state lotteries return to pre-pandemic levels
🚨 JACKPOT UPDATE!
The #MegaMillions® jackpot for TONIGHT’S drawing has just been raised to an estimated $520 MILLION – the 8th largest jackpot in game history!#Texas #TexasLottery #FridayMotivation pic.twitter.com/9Inn63UfDa
— Texas Lottery (@TexasLottery) January 8, 2021
March Madness to be held in betting state of Indiana
The NCAA says all 67 of the upcoming men's March Madness games will be played in Indiana. The organization is still determining whether fans will be able to attend games.https://t.co/kKZqUAPaAq
— NPR (@NPR) January 4, 2021
TN regulators approve controversial betting practice
What happens when regulators mix 279.5% APR loans and sports gambling?
We're going to find out — following @TNLottery's new approval on Wednesday.
— Sports Handle (@sports_handle) January 7, 2021
Mixed bag for gaming stocks after NYS movement
— Eben Novy-Williams (@novy_williams) January 7, 2021