A dispute that spanned across the pond, the launch of a groundbreaking A.I. app, Circa Sports’ rise to millions, and state revenue reports were just a few of the top stories covered by Sports Handle. Now, as part of a new strategic initiative from Better Collective, the in-depth reporting and industry coverage that defined Sports Handle for years now lives on the Action Network. In an effort to continue serving fans of Sports Handle, we are bringing the best of our daily coverage on Action Network, summarized below, with links to the full stories on the platform.
A new study released by the University of Bristol in England found that 75% of non-sponsored social media content from major U.S. sportsbooks such as BetMGM, DraftKings, ESPN BET, and FanDuel did not comply with the American Gaming Association’s responsible marketing code. The AGA quickly disagreed with the findings, sparking further discussions on responsible gaming practices. (Full story here)
Just days before the 2024 NFL regular season kick-off, Field Vision introduced an A.I.-driven mobile app aimed at providing bettors with tools to identify critical pricing inefficiencies in the market. Developed by Stanford graduates, Field Vision’s proprietary model employs predictive analytics to pinpoint the biggest mismatches in the betting market each week, offering bettors a competitive edge. (Full story here)
Circa Sports made headlines by announcing that its annual Circa Survivor pro football pick ’em contest had surpassed $10 million in prize money. With entries being accepted until Saturday’s deadline, the eight-figure prize pool is expected to increase further, attracting more participants eager to test their skills in the contest. (Full story here)
State revenue reports for sports betting also made waves, with the Arizona Department of Gaming revealing $47.3 million in gross sports betting revenue for June. This marked another solid month for sportsbook operators in 2024, showcasing the continued growth of the industry in the state. Additionally, in Ohio, sports betting operators achieved a double-digit hold for the 15th time in 19 months of wagering, further demonstrating the popularity and success of sports betting in the region. (Full story here)
As the sports betting industry continues to evolve and expand, these stories highlight the latest developments, trends, and challenges facing both operators and bettors. Stay tuned to Action Network for more in-depth coverage and analysis on all things sports betting.
