FanDuel has introduced a new feature aimed at reducing the risk tied to player injuries in sports betting, rolling it out as the NBA playoffs begin. The product, called Bet Protect+, allows users to safeguard certain wagers for a small fee, reflecting a broader shift in how sportsbooks respond to bettor concerns about injuries affecting outcomes. The newly launched Bet Protect+ applies specifically to NBA player prop bets and covers injuries that occur at any point during a game. This […]

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Damon Jones, a former NBA player and assistant coach, is scheduled to appear in federal court later this month as part of a wide-ranging gambling investigation that has implicated dozens of individuals. Court filings indicate that Jones, 49, has change-of-plea hearings set for April 28 in Brooklyn, where he is expected to revise his earlier not guilty pleas in at least one of the cases against him. The proceedings stem from two separate federal indictments accusing Jones of involvement in […]

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Ontario’s gambling regulator has taken steps to temporarily suspend PointsBet Canada’s registration after determining the operator failed to identify and report questionable wagers connected to a betting scandal involving former NBA player Jontay Porter. The Alcohol and Gaming Commission of Ontario (AGCO) issued a Notice of Proposed Order that would halt PointsBet’s iGaming registration for five days. The regulator described the action as the first of its kind within Ontario’s regulated online gambling market. Officials cited what they called a […]

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Milwaukee Bucks forward Giannis Antetokounmpo has taken an ownership stake in Kalshi, a federally regulated prediction market that allows users to trade on the outcomes of future events, including sports. The announcement, made Friday, places one of the NBA’s most prominent active players in a formal business relationship with a platform that has recently expanded its presence in basketball-related markets. “The internet is full of opinions. I decided it was time to make some of my own,” Antetokounmpo wrote on […]

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The NBA has informed its teams that it is evaluating a series of changes aimed at tightening injury reporting procedures, limiting certain types of gambling, and addressing competitive integrity concerns, according to a memo distributed leaguewide on Friday. The document reflects a broader response to recent federal gambling indictments involving a current player, a head coach, and a former player, as well as concerns about the circulation of nonpublic information tied to betting markets. League officials said the review focuses […]

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The Michigan Gaming Control Board (MGCB) has announced new measures to strengthen oversight of sports wagering following federal indictments that revealed a major betting and poker scandal involving current and former NBA players and coaches. The charges, which federal investigators linked to organized crime groups, highlight a widening concern about the use of confidential player data and manipulation of proposition wagers, known as prop bets. Regulatory Safeguards Reinforced In a statement released this week, MGCB Executive Director Henry Williams said the agency is […]

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Music legend and business mogul Jay-Z is putting his money where his mouth is ahead of the 2025 NBA Finals, wagering $1 million on the Oklahoma City Thunder to defeat the Indiana Pacers in exactly five games. The high-stakes bet was placed through Fanatics Sportsbook, the betting platform he helped launch alongside Michael Rubin in 2023. If the Thunder manage to secure the championship in five games, Jay-Z stands to earn a $3.3 million payout — his original million-dollar stake […]

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