An individual known as Chiefsaholic, a dedicated Kansas City Chiefs superfan and high-stakes sports bettor infamous for sporting a wolf costume at NFL games, has been handed a 17.5-year prison sentence following a series of bank robberies. Authorities revealed that he used casinos to launder a significant portion of the stolen funds. The full story can be found here.
A recent analysis conducted by the sports odds intelligence firm Bettormetrics examined four of the top U.S. betting apps, revealing that DraftKings’ mobile sports betting markets experienced the shortest suspension period during the 2023-2024 NFL season, whereas bet365’s markets were suspended for the longest duration. The complete story is available here.
Despite circulating rumors, Genius Sports swiftly denied any interest in acquiring the white-label sportsbook platform Kambi. The potential acquisition could have been one of the most significant transactions involving third-party sports betting suppliers since the Supreme Court’s groundbreaking PASPA decision. More details can be found in the full story here.
Greg Small, the Executive Director of the Indiana Gaming Commission, departed from his role to join Fliff as the head of legal and government affairs for the social sportsbook. Dennis Mullen, the IGC General Counsel, will take over on an interim basis. The complete article can be accessed here.
Sporttrade recently announced that it has received licensing approval in Virginia, marking its entry into the sports betting market in its fifth state nationwide. With other mid-sized operators retreating from Virginia, Sporttrade aims to capitalize on the recent closures by offering customers the most competitive pricing in the market. Further details are available in the full story here.
