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FanDuel has announced a new responsible gaming partnership with former NBA player and coach Randy Livingston and his wife, sports agent Anita Smith, to mark the start of Responsible Gaming Education Month. Together, they will introduce “Trusted Voices: Conversations about Betting,” a program designed to help parents, guardians, and coaches have meaningful discussions with young people about the risks of gambling and recognizing the signs of problem gambling.

A New Initiative for Responsible Gaming Awareness

The “Trusted Voices” initiative, led by FanDuel, Livingston, and Smith, will provide families and coaches with tools and resources to facilitate conversations about the risks of gambling and how to engage responsibly. The program will include a video series in which Livingston shares his personal struggles with problem gambling and his recovery journey, highlighting the importance of addressing these topics early on.

The resources and program details are available at conversationsaboutbetting.com.

FanDuel’s Commitment to Responsible Gaming

Alison Kutler, Vice President of Responsible Gaming and Community Impact at FanDuel, expressed excitement about the partnership:
Randy and Anita have an incredible story and a desire to help others, and we are excited to expand our advocacy program to raise awareness of the importance of having early and informed family conversations about gambling and the associated risks. FanDuel aims to set and continuously raise the standard for what it means to be a responsible operator, and we look forward to Randy and Anita strengthening our RG ambassador team moving forward.”

The video series will focus on the importance of modeling responsible gambling behavior for adults and explain topics such as proxy betting and the dangers of underage access to sports betting platforms.

Randy Livingston’s Story of Recovery

In the video series, Randy Livingston will share his personal experience with problem gambling, from his early exposure to gambling, hitting rock bottom, and eventually recovering with the support of his wife, Anita Smith. Livingston expressed his passion for helping others avoid the same pitfalls:
“As legal sports betting continues to become more accessible, I knew I wanted to use my experience to help families engage in proactive and informed conversations about gambling. It became apparent to Anita and me that FanDuel shares our goal of helping parents navigate these tough, but important conversations.”

The content is created in partnership with EPIC Global Solutions, a leading provider of gambling harm prevention services, ensuring that the materials are informative and effective. The video series will be supported by paid media on digital platforms, promoted across FanDuel’s social channels, and available on fanduel.com/playwell.

Anita Smith emphasized the importance of addressing gambling issues:
“It is important to normalize conversations about gambling, and this program is intended to help families get comfortable with traditionally uncomfortable conversations. Randy and I are delighted to work with FanDuel to amplify the program’s content and drive positive outcomes for young people and anyone who may be struggling with problem gambling.”

FanDuel’s Partnership with Kindbridge Behavioral Health

In addition to this new initiative with Livingston and Smith, FanDuel announced another partnership with Kindbridge Behavioral Health, which focuses on mental health support for individuals struggling with gambling issues. The partnership will offer direct access to mental health assessments and group support services for individuals who self-exclude from the FanDuel platform.

This program was piloted in New Jersey and Ohio, further expanding FanDuel’s commitment to responsible gaming and mental health support.

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And then there was one! The PGA Tour has been whittled down, as just the Top 30 golfers remain as they battle for the FedEx Cup. With the strange format of starting strokes and a completely renovated golf course, this week is a much watch.
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Sports betting in Washington D.C. has seen a dramatic turnaround since the legalization in May 2020, thanks to recent changes in the market. For years, D.C. bettors were limited to using the glitchy and underperforming GamBetDC platform, which was the city’s sole operator. However, the tide turned in April 2024, when D.C. officials ended their contract with GamBetDC and brought in FanDuel Sportsbook as the new operator. The move has already proven to be a game-changer, delivering impressive results for both bettors and the district’s revenue.

FanDuel’s Rapid Success as the Sole Operator

In just three months, from April to June 2024, FanDuel accepted a staggering $68.5 million in betting handle in Washington D.C., outperforming GamBetDC’s entire 2023 handle of $66.4 million. This achievement is even more remarkable considering it was accomplished outside of football season, which typically drives the highest betting volumes. The potential for D.C.’s sports betting market is clearly vast, especially with a competent operator like FanDuel at the helm.

During its initial three months, FanDuel also generated $11.3 million in sports betting revenue, surpassing the $9.5 million that GamBetDC managed to accumulate over its last 18 months. As a result, FanDuel contributed $4.5 million in taxes to the district in just three months, a sum greater than GamBetDC’s total tax contributions for the entire 2022 and 2023 calendar years combined. This underscores not only FanDuel’s popularity among bettors but also the substantial financial benefits to the local government.

Overall, more than 87% of sports betting revenue in Washington D.C. for the second quarter of 2024 came from FanDuel, highlighting its dominance during its initial months as the sole operator. However, this market landscape is poised for change as new competitors enter the scene.

Expansion of DC Sports Betting Market

The online sports betting landscape in Washington D.C. has undergone significant changes in recent months. While FanDuel enjoyed a head start as the exclusive operator from April to June, the district has since expanded its market to include more sportsbooks. In July 2024, Washington D.C. announced the approval of additional operators, significantly altering the competitive landscape.

Previously, Caesars and BetMGM were restricted to operating within a two-block radius of their physical locations at Capital One Arena and Nationals Park, respectively. However, with the introduction of the Sports Wagering Amendment Act, these operators are now permitted to accept bets throughout the entire district. The act also introduced seven additional licenses for operators willing to partner with local professional sports teams.

As a result, Caesars and BetMGM have expanded their reach, and DraftKings has entered the market by partnering with D.C. United, the city’s MLS team. More sportsbooks are expected to launch in the district in the coming months, creating a more competitive environment.

While FanDuel has enjoyed a strong start as the sole operator, the arrival of these new competitors is set to shake up the market. The coming months will be crucial in determining how these sportsbooks perform and how they impact D.C.’s growing sports betting industry.

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The DC sports betting landscape has undergone a remarkable transformation, with the best sports betting sites driving a significant surge in activity since the market expanded in mid-July. According to the latest D.C. Lottery July revenue report, legal sports betting in the nation’s capital skyrocketed by a staggering 254.1% year-over-year, signaling a new era for the industry.

Market Expansion Boosts DC Sports Betting

In mid-July, DC legislators made a pivotal decision to expand the sports betting market, allowing three additional sportsbooks to operate district-wide. Previously, only FanDuel, which replaced the defunct GambetDC, had the ability to operate beyond a two-mile radius of retail sportsbooks. With the entry of BetMGM, Caesars, and DraftKings into the district-wide market, residents now have more options to place bets from the comfort of their homes.

July’s Impressive Betting Handle

The impact of this expansion is evident in the July handle, which reached an impressive $27.3 million. While this may seem modest compared to larger markets, it’s a significant achievement for DC sports betting providers and the local tax coffers that benefit from the platform’s success. This figure represents a 254.1% increase from the same period last year when GambetDC’s total handle was just $7.7 million.

Although July’s handle was slightly down by 7.7% from June, this is consistent with the nationwide summer slowdown in sports betting. Despite this, the year-to-date sports wagering total in DC now stands at $162.8 million, marking a remarkable 65.4% improvement compared to last year, when the market was limited, and GambetDC held a virtual monopoly.

Revenue Growth Lags Behind

While the handle figures are impressive, the revenue growth in DC’s legal sports betting market has been less dramatic. Combined revenue from sports betting apps and retail providers in July reached $3.9 million, a 176.2% increase from the $1.4 million recorded in July last year. However, similar to the handle, revenue figures dipped slightly month-over-month.

FanDuel Leads, But Competition Heats Up

FanDuel has been the dominant force in DC’s sports betting market, accounting for $20.1 million of the $27.3 million total handle in July. This success can be attributed to FanDuel’s role as the DC Lottery’s official sports betting partner, a position it took over from GambetDC in mid-April. However, FanDuel faces growing competition from the newly introduced DraftKings, BetMGM, and Caesars, all of which are now available district-wide.

DraftKings made a strong entrance, accepting $1.2 million in wagers in just its first six days of operation. BetMGM also performed well, with $3.3 million in accepted wagers and $282,661 in revenue for July. Caesars rounded out the competition, taking in $1.9 million in wagers and reporting $113.3K in winnings.

As the DC sports betting market continues to evolve, the competition among these top sportsbooks is expected to intensify, providing bettors with even more options and opportunities.

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ANOTHER ONE! David (@DeepDiveGolf) continued his remarkable track record as his headline selection Hideki Matsuyama won at HUGE odds.

Join Spence (@TeeOffSports), Joel (@draftmastersflex), and David (@deepdivegolf) as they deep-dive into their preview of the BMW Championship!

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