Sports News

Michigan and Colorado gaming regulators have released press statements debunking a CNBC report that WWE wagering was being considered in both states. In other news, the Spartans begin their NCAA Division I campaign against USC Trojans.

The WWE is looking to penetrate the Michigan and Colorado sports betting markets. According to a report by CNBC, discussions were held with regulators from both states as the WWE compared wagering on its scripted events to betting on award shows.

March Madness is here again, and so is the Big Ten Conference Tournament. Michigan will be represented by the Wolverines and Spartans, its two university men’s basketball teams. Competition schedule, betting odds and responsible gaming tips are now available.

A new survey reveals that college students are at great risk of problem gambling, while university authorities have failed to take action at curbing this menace. BetMGM, on the other hand, is looking to tackle gambling addiction through advertisements.

Michigan sportsbook witnessed yet another decline in revenue and betting handle for the month of January. While the difference on a month-over-month were barely substantial, yearly comparisons prove worrisome.

With the Lions not making it to the playoffs, Michiganders still put up a good show with their audacious bets on the Super Bowl. Although most bets from Michigan were for the Eagles, some bettors got away with lucky wins.

The Super Bowl is set to take place on February 12, 2023, and in anticipation of one America’s most viewed and most bet-on event, the MGCB has advised that players gamble responsibly and avoid high-risk situations.

Leadstar Media has now been granted a sports betting license in Michigan after a series of expansion activities in North America. It seeks to tap into the Michigan sports betting market that made a total revenue of $418.6 million in 2022.

A Michigan bettor on the Caesars Sportsbook platform is looking to double his cash of $330,000 after placing a bet on the Bills to win in their upcoming match against the Bengals.

The MGCB has approved the operating license of eCOGRA, a UK-based independent testing lab, while in the same breath advocating for responsible gaming practices among youths. eCOGRA is the first non-US lab allowed to provide regulatory certifications to sportsbooks in Michigan.