March 12, 2025 – FairOdds Network

March 12, 2025

Mississippi house makes digital sports betting a political football, punts issue back to senate

The Mississippi house amended two senate bills in order to include legal sports betting along with a sweepstakes ban. Those bills are now back in the senate.

When the bills left the senate, neither was about legalising digital sports betting. But both passed the full house on Tuesday (11 March) and bill sponsor Casey Eure says it’s time to negotiate.

One of the bills originally addressed tidelands. The other addressed fines for platforms operating illegally in the state. Language from a dead house digital wagering bill was put into the tidelands bill.

Retail betting has been legal in Mississippi’s casinos since 2018, but attempts since then to add the type of mobile betting available in other states have been rebuffed.

“It’s a possibility” that tidelands will not get addressed this year if the senate fails to take up mobile sports betting, Eure said, according to the Clarion-Ledger. “But the house’s position is on mobile sports betting. We’re concerned about tidelands, but at this..

March 12, 2025

MLB seeks CFTC “integrity framework” for prediction markets

Major League Baseball, perhaps hedging its position regarding the eventuality of trading on its product becoming being a widespread part of prediction markets, asked the Commodity Futures Trading Commission (CFTC) to create an “integrity framework” similar to those in place with states that authorise legalised sports betting.

The Closing Line substack was first to report MLB sent a letter via email to the CFTC noting that the “limited MLB event contracts available today do not carry the same integrity risks as prop bets even single-game bets, but we expect that equivalent offerings will arrive soon.”

To that end, MLB wants that integrity framework for prediction markets in a manner consistent with how it supports “legal sports betting at the state level based on robust regulation and relationships in which sports leagues are viewed as partners and integrity of competition is considered paramount.”

Watching and waiting on Kalshi

MLB’s request of the CFTC comes at a time when Kalshi ..

March 12, 2025

Arizona sports betting revenue dips in December despite handle increase

Sports betting revenue in Arizona fell 28.9% year-on-year in December despite the Grand Canyon State reporting an increase in customer spending to a near-record total.

Monthly handle across both online and retail wagering in Arizona hit $849.3 million (£655.5 million/€778.3 million). This is 20.2% more than December 2023 and the second-highest monthly amount on record, 5.4% less than November 2024.

Figures from the Arizona Department of Gaming show players ventured $844.3 million betting on sports online in the last month of the year. The remaining $5.1 million was wagered at retail sportsbooks.

Turning to revenue, adjusted gross event wagering receipts before free bet deductions were $49.3 million. This fell short of $69.3 million in 2023 and was also 41.4% behind November’s record $84.1 million haul.

Breaking this down, $49.3 million of revenue came from online wagers, with just $45,000 from retail.

Some $23.5 million was deducted in free bets and other promotions. As such, adju..

March 12, 2025

Betting platform showdown: Champions League data reveals when risk pays off – and when it doesn’t

Bettormetrics and iGB present key insights comparing the performance of leading betting platforms during the UEFA Champions League, offering a comprehensive analysis of market trends.

The data from the group stages of the UEFA Champions League matches provides valuable insights into how major betting platforms performed under high-traffic conditions. Key metrics such as uptime, lost wagering, arbitrage exposure and acceptance uptime highlight each operator’s strengths and weaknesses.

Best betting sites for uptime and stability

SkyBet edged out 888Sport and PaddyPower to claim the highest uptime in our cohort, reaching 93.8%. Due to their high uptime and relatively stable price lines, SkyBet also achieved the greatest acceptance uptime, allowing bettors to place wagers more consistently.

Conversely, PaddyPower’s progressive suspension strategy was undermined by its extremely sensitive price lines. The sensitivity of its price lines resulted in a higher frequency of price changes and..