Courtroom drama, potential legalization in South Carolina, and Travis Kelce’s latest investment in a racehorse named Swift Delivery are just a few of the exciting topics making waves in the world of sports betting. The Action Network, a strategic initiative from parent company Better Collective, is now the go-to source for in-depth reporting and industry coverage, carrying on the legacy of Sports Handle.
Professional poker player Damien LeForbes recently pleaded guilty in federal court to running an illegal sports betting operation and money laundering. LeForbes, along with fellow co-conspirator Matthew Bowyer and Shohei Ohtani’s former interpreter, Ippei Mizuhara, were involved in an illegal gambling ring that has been under investigation by federal authorities. LeForbes allegedly amassed over $12 million in gambling losses at Resorts World in Las Vegas, further deepening his legal troubles.
In another legal battle, the NFL Players Association has filed a lawsuit against DraftKings seeking approximately $65 million after the operator shut down its non-fungible token business in July. The lawsuit claims that DraftKings intends to terminate a deal signed in 2021 with the NFLPA for its now-defunct Reignmakers NFT business without paying the remaining amount owed under the agreement.
The recent sports betting tax revenue boom in North Carolina has caught the attention of South Carolina legislators, sparking interest in potential legalization in the Palmetto State. However, political opposition is expected to be stronger in South Carolina compared to its neighbor to the north, posing potential challenges for the legalization efforts.
BetMGM has introduced a series of enhancements to its mobile sports betting app, including an expanded selection of markets powered by Angstrom, Entain’s sports modeling and analytics company. Additionally, BetMGM now offers a more user-friendly experience for same-game parlays and presents bettors with more pre-packaged parlays to consider, enhancing the overall betting experience for users.
On a lighter note, Travis Kelce has made a significant investment in a racehorse named Swift Delivery, drawing parallels between the horse and the Kansas City Chiefs tight end’s girlfriend, Taylor. Kelce’s foray into the world of horse racing adds an exciting twist to his off-field ventures, showcasing his diverse interests outside of football.
With a mix of legal battles, industry updates, and fun anecdotes like Travis Kelce’s racehorse investment, the world of sports betting remains as dynamic and captivating as ever. Stay tuned for more exciting developments in this rapidly growing industry on the Action Network.
