With ice and frigid temperatures in the forecast, Oaklawn Park canceled its Presidents’ Day weekend card on Wednesday, rescheduling its five stakes for the following weekend. That means horseplayers must wait another five days to see Champion 2-Year-Old Essential Quality make his 3-year-old debut in the Grade 3 $750,000 Southwest […]
Gambling Industry
Nevada Sportsbooks Banked $12.6 Million on Super Bowl 55 Thanks to Tom Brady
The Nevada Gaming Control Board released its official figures on Super Bowl 55 and, despite a global pandemic, gamblers fired away $136 million on various Super Bowl 55 bets. Overall, 184 different sportsbooks in Nevada banked $12.6 million when Tom Brady and the Tampa Bay Buccaneers upset the Kansas City […]
Casino Stocks Soar After Wynn and Penn National Post Ugly Earnings
Wynn Resorts and Penn National Gaming announced worse-than-expected earnings last week. Yet, nearly every casino stock rose on the news. Sports betting may be one reason why investors are ignoring the present and looking to the future. Wynn’s stock price jumped 7.7% on Friday, following the casino company’s lackluster earnings […]
Kentucky Derby Futures: What Goes Down, Can Go Up
One Bob Baffert charge watched his Kentucky Derby futures odds fall further this weekend, while another watched his rise to semi-realistic territory. Those were the two biggest takeaways coming out of a weekend that further defined the Derby picture across the odds food chain. The prime beneficiary was Baffert’s Concert […]
The San Vicente: No Derby Points Awarded, Plenty of Derby Points Made
The Grade 2 San Vicente Stakes at Santa Anita Park may not be a Kentucky Derby prep in the strictest sense of the term. There are no Derby qualifying points on the table and the winner gets no closer to a gate date at Churchill Downs the first Saturday of […]
My Crazy Plan to Open a Sports Card Shop in Alabama During a Pandemic
It started as a simple Facebook Marketplace purchase for a listing of 1 million sports cards. Now, I’m in the process of opening the first sports card shop in my community in more than two decades. But first, let me backtrack … Market Boomed and Busted in the ’90s Like […]
Racing Economic Indicators Show Jump in January Handle
Total horseracing handle jumped for the second consecutive month, providing one key takeaway from Equibase’s first Economic Indicators in Thoroughbred Racing report of 2021. Betting in January climbed 9.57% from January 2020’s numbers to $959,602,269. That followed a 6.24% boost in December wagering, signifying that horseracing may be rebounding out […]
Champion Sprinter Gamine Disqualified from Kentucky Oaks
The Kentucky Horse Racing Commission formally disqualified Gamine from the 2020 Kentucky Oaks after the Bob Baffert charge tested positive for betamethasone. Along with that, the commission fined Baffert $1,500. As a result of the Jan. 30 ruling, posted on the KHRC website, Gamine forfeits the $120,000 she earned for […]
How Sports Got Tangled Up in the GameStop Stock Wars
By now, most people have heard about the recent battle over a videogame retailer’s stock. But, few understand how the GameStop stock saga impacted sports and gaming. An MLB owner, a casino company — and even the Super Bowl — all became part of the drama. It all started with […]
Super Bowl Big Bets: Mattress Mack Bets $3.46 Million on Tampa Bay Bucs +3.5
Another day, another hefty bet from Mattress Mack. Jim “Mattress Mack” McIngvale, the Texas furniture store magnate, is at it again, firing away at a bet worth $3.46 million on the Tampa Bay Bucs +3.5 in Super Bowl 55. Mattress Mack made the seven-figure wager on the Super Bowl as […]
Affordability Checks: What are They and What Do They Mean for Racing?
Picture this scenario, courtesy of the Great Britain Gambling Commission and its proposed “affordability checks†on sports and race bettors. You save your betting money for the Royal Ascot meet in June. The meet arrives and you wager £100 each-way on the second favorite in the Group 1 Queen Anne […]
Saudi Cup Connections Exempt from COVID Ban; Knicks Go a Go
As the Saudi Cup field takes shape, the Saudi Arabian government announced connections for the $20 million race participants will be exempt from the country’s ban on entering Saudi Arabia. Citing COVID-19 concerns, the country banned entry to residents of 20 nations, including the United States and the United Kingdom. […]
UK Gambling Commission Implementing New Regulations for Online Casinos
In recent years, the UK Gambling Commission has been tightening the reins on everything from machines in betting shops to advertising on television. Now, the regulator has announced new rules that online casinos will have to implement later this year in an effort to limit the impact of problem gambling […]
Derby Futures: Tarantino Shows Even Reservoir Dogs Have Their Day
It wasn’t a case of pulp fiction that Tarantino was sitting at 225/1 when he debuted on the Circa Sports and William Hill Nevada Kentucky Derby futures boards last week. Even the Jackie Browns and Inglorious Basterds of the world stared juicy odds in the face before Tarantino entered the […]
Super Bowl 55 Big Bets: A $2.3 Million Wager on Tampa Bay Bucs +3.5
The first seven-figure bet on Super Bowl 55 is here. According to BetMGM, a bettor using their app fired away a $2.3 million bet to win $2 million on the Tampa Bay Buccaneers at +3.5 in the upcoming Super Bowl. This particular “mysterious” bettor had to lay a little extra […]
Is the Sports Card Market in a Bubble? Mark Cuban Hedges His Bets
Dallas Mavericks owner and famed entrepreneur Mark Cuban entered the sports card market bubble debate on Thursday when he listed it among his assets on which he’s hedging his bets. Cuban appeared on CNBC’s Squawk Box and said he’s adjusted his investment portfolio in a number of categories for fear […]
Kentucky State Senator Will File HHR Legalization Bill Next Week
As one major racetrack shuttered its Historical Horse Racing (HHR) machine parlor, Kentucky State Sen. John Schickel (R-Union) said Thursday he authored a bill supporting legalization of the machines. Schickel, whose district includes Churchill Downs Inc.-owned Turfway Park, told WTVQ-TV he plans on filing the bill when the legislative session […]
No Budweiser Super Bowl Ad for the First Time in 37 Years
Anheuser-Busch announced it won’t be placing any Budweiser ads in Super Bowl 55. But don’t worry, the Clydesdale horses aren’t out of work. Instead, Sam Adams will feature the iconic breed in an East Coast ad campaign. Budweiser isn’t the first brand to drop out of this year’s Super Bowl. […]
Bally’s Prepares for Wide Sports Betting Legalization with MKF Purchase
Bally’s Corporation’s purchase of daily fantasy provider Monkey Knife Fight positions the company to capitalize on sports betting as more states across the country legalize wagering. The company announced the purchase of the third-largest DFS operator in the US on Tuesday for $90 million in stock. The deal is expected […]
Authentic Ranked Second to Ghaiyyath in 2020 World Racing Awards
Two days before his expected coronation as Horse of the Year, Authentic took home the No. 2 spot in the 2020 Longines World Racing Awards. This translates to the Into Mischief colt being named the second-ranked horse in the world. It also translates into Authentic earning top honors as the […]