February 7, 2025 – FairOdds Network

February 7, 2025

State of the Union: Bet the coin flip in MA, OH lawmakers aren’t for doubling the tax, more

Welcome to iGB's State of the Union, a look at the biggest North American sports betting stories we've covered over the week and briefs on others we found interesting.

MA regulator to allow Super Bowl coin flip bets

A year after voting not to allow bets on the Super Bowl coin flip, the Massachusetts Gaming Commission (MGC) reversed itself on Thursday (6 February). Operators in the state can now offer the bet ahead of Sunday’s Super Bowl between the Kansas City Chiefs and Philadelphia Eagles. Since last year, former MGC chair Cathy Judd-Stein retired and commissioner Paul Brodeur joined. Brodeur, who said “it’s not something that can be gamed, so I’m comfortable moving forward with this,” was the swing vote.

The commission also agreed to hold an adjudicatory hearing for Caesars Sportsbook. The company took bets on the total number of red cards during UEFA Euros 2024. MGC regulations prohibit bets on penalties, injuries and other things that could be manipulated. Caesars to..

February 7, 2025

Great Britain online GGY up 21% in Q4 amid record customer activity

Online gross gambling yield (GGY) in Great Britain increased 21% year-on-year during the fourth quarter of 2024 to £1.54 billion (€1.85 billion/$1.92 billion) as the total number of bets and spins reached a record high.

Data published yesterday (6 February) by the Great Britain Gambling Commission covers the three months to 31 December 2024. It primarily covers online gambling but also references GGY and activity in the land-based betting sector.

The Q4 online GGY figure surpasses the £1.30 billion posted in the same period in the last year. It is also 16.7% ahead of £1.32 billion in the third quarter of last year.

On top of this, overall online bets and spins jumped 8% year-on-year to a record 25.9 billion. However, average monthly active player accounts declined 3% in Q4.

Slots GGY hits £709 million

Slots remain the primary source of GGY in Britain. During Q4, online slots GGY reached £709 million, an increase of 15%. Total spins were also 9% higher at 23.9 billion while average..

February 7, 2025

Mizuhara gets 57-month prison term; judge says he “undermined” himself

Former Shohei Ohtani Japanese-language interpreter Ippei Mizuhara was sentenced on Thursday (6 February) to 57 months in federal prison and three years of parole. He was also ordered to pay more than $18 million (£14.5 million/€17.3 million) in restitution after stealing from Ohtani to fund an illegal gambling habit.

US district judge John Holcomb said Mizuhara “undermined” himself with a letter he wrote to the court asking for an 18-month sentence. Holcomb said he gave the letter no weight because Mizuhara “misrepresented truths” and it “suffered from (missing) important facts”.

Mizuhara, who pleaded guilty to two federal counts in June, stole nearly $17 million from Ohtani for gambling debts. On Thursday he was sentenced in US District Court for the Central District of California. The maximum sentence for one count of bank fraud and one count of signing a fraudulent tax return was 33 years.

He asked for and was granted 45 days to report to begin his sentence in a Southern Califo..

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Daily Archives: February 7, 2025

State of the Union: Bet the coin flip in MA, OH lawmakers aren’t for doubling the tax, more

Great Britain online GGY up 21% in Q4 amid record customer activity

Mizuhara gets 57-month prison term; judge says he “undermined” himself