Latest news with #sportswagering
Yahoo
04-08-2025
- Sport
- Yahoo
Duke's Manny Diaz indifferent on new ACC availability reports
The ACC had a version of injury reporting when Manny Diaz was Miami's coach. Now that the league has mandated public availability reports every week, Diaz is indifferent to doing them at . 'When I was at Miami, we had it and then it went away,' Diaz said on Monday. 'You know, I don't spend a whole lot of time thinking about that. We'll do what they tell us to do.' ACC commissioner Jim Phillips announced last month that injury reports will come to the league for football, men's and women's basketball and baseball. Before every ACC football game, teams will submit an availability report two days before the game. It will be updated the next day and on the day of the game. 'This decision is directly connected to our ongoing commitment to best protect our student-athletes and our multi-faceted approach to addressing the effects of sports wagering,' Phillips said in Charlotte. 'In this case, it would alleviate pressure from entities or individuals who are involved in sports wagering that attempt to obtain inside information about availability from players, coaches, and other staff.' There is uniformity in requiring these reports. In recent years, some coaches would be more open and honest than others about the status of injured players. The policy Diaz is referring to was a non-public injury report shared between ACC teams before games. That was nixed sometime around 2018 or '19. Diaz kept things fairly close to the vest last season, his first at Duke. He discussed players who suffered season-ending injuries but stopped short of delving too much into details beyond that. Designations submitted before game days will be available, probable, questionable or out. The day-of updates will be submitted two hours before each game and each player will be designated as available, game time decision, or out. In basketball and baseball, reports will be submitted the day before each ACC game and on the day of the game. All availability reports and the full conference policy will be available on the ACC's website. Failure to follow the policies will be subject to review and potential penalties.
Wall Street Journal
03-07-2025
- Sport
- Wall Street Journal
The ‘Arbitrage Consultants' Promising Risk-Free Sports Betting
Stay-at-home mom Jaylin Palacio traveled to Arizona last year with a plan to sit in a hotel room and place thousands of dollars of bets on teams she knew nothing about. The 54-year-old had stumbled into a corner of sports wagering known as 'matched betting' via a recommendation in a Facebook mom group. She said she had been guaranteed a healthy return from an online service run by experts who call themselves 'arbitrage consultants' and use mathematical strategy and heavily advertised first-time bettors' sign-up bonuses to deliver windfalls.
Yahoo
26-06-2025
- Business
- Yahoo
DraftKings Implements 50-Cent Transaction Fee on Illinois Bets Due to New State Tax
DraftKings Inc. (NASDAQ:DKNG) is one of the most active stocks to buy according to analysts. Earlier on June 12, DraftKings announced that it will introduce a 50-cent transaction fee on all mobile and online bets placed through DraftKings Sportsbook in Illinois. This new fee will take effect on September 1 this year. The decision comes in direct response to recent and prior increases in sports wagering taxes passed by the Illinois state legislature, which apply to all mobile and online sports wagers placed with licensed operators. This move by DraftKings follows a similar announcement by FanDuel earlier this month, which plans to implement an identical 50-cent charge starting July 1, after the introduction of the Illinois Transaction Fee under House Bill 1928. A woman at a betting table paying out customers who won their sports bets. The new per-bet tax, effective July 1, will impose a 25-cent fee per wager for the first 20 million wagers taken by licensed sportsbooks, increasing to 50 cents per wager thereafter. This is expected to generate ~ $36 million in additional revenue for the state. DraftKings maintains that it supports collaborative policymaking that ensures the long-term sustainability of the industry and contributes to state revenue. DraftKings Inc. (NASDAQ:DKNG) is an international digital sports entertainment and gaming company. It provides online sports betting, daily fantasy sports, media, digital lottery courier, media, and other products, as well as retail sportsbooks. While we acknowledge the potential of DKNG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
