The opening NFL Sunday ended with another odds-defying performance from Aaron Rodgers. The hobbled Packers quarterback returned from a worrisome knee injury to help Green Bay overcome a 20-point deficit and beat the Chicago Bears 24-23 Sunday night.
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With the opening of the NFL season, states that recently legalized sports gambling are hoping to cash in through increased tax revenue.
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The future of gambling has found its home in an unlikely place: a professional football league that's five months away from playing its first game.
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The recent Tax Cuts and Jobs Act (TCJA) made changes that could impact both casual and professional gamblers. While all gamblers have to report their winnings, casual gamblers may only deduct their gambling losses as an itemized deduction on Schedule A.
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Amid sagging television ratings, dwindling attendance and longtime sponsors pulling out of the series, the former Cup driver and current Xfinity Series contender thinks NASCAR should embrace race-day gambling.
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The New York Jets are reportedly holding talks with some of New Jersey’s operational sportsbooks in a bid to find an official gambling sponsor for the 2018 NFL season, the New York Post reports citing unnamed sources.
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Licensed Mississippi sportsbooks generated $9.8 million in total handle during the state’s first full month of sports betting, Aug. 1-Sept. 3, according to Mississippi Gaming Commission executive director Allen Godfrey.
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The growth of legalized sports betting will increase league revenues by hundreds of millions of dollars per year, with most of that money coming from higher viewership and advertising sales, a new study done for the American Gaming Association shows.
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NFL revenue is estimated to increase by $2.3bn a year thanks to legal and regulated sports betting, according to a Nielsen Sports study commissioned by the American Gaming Association (AGA).
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Week 1 around college football was chock-full of marquee matchups, but Week 2 is a bit of a downer in that regard with one game standing apart as ranked Pac-12 foes USC and Stanford meet on the “Farm” in what could be a Pac-12 Championship Game preview.
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Pinnacle Entertainment is working to introduce sports betting services in further US states in which it operates, after opening its first venue outside of Nevada.
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UK bookmaker William Hill has reportedly struck a major US-facing sports betting joint venture with regional casino operator Eldorado Resorts.
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