Michael McClymont

Ontario, Florida

Senior News Editor at Covers

@Covers Senior News Editor, Industry. Live betting enthusiast.

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Articles

OLG Takes Role as Socially Responsible Operator Seriously

Apr 26, 2024 | covers.com | Michael McClymont

Perhaps more than ever, responsible gambling has been the focus of the sports betting industry. Recent controversies have brought the matter to the forefront.
Ohtani's Ex-Translator Reportedly in Negotiations to Plead Guilty

Apr 10, 2024 | covers.com | Michael McClymont

Ippei Mizuhara, the former translator and friend to MLB superstar Shohei Ohtani, is in negotiations to plead guilty to federal crimes stemming from allegations he stole millions from the Los Angeles Dodgers slugger to cover gambling debts, the New York Times is reporting. The federal investigation is coming to a close and prosecutors have found evidence Mizuhara may have stolen more than the reported $4.5 million to pay an illegal bookmaker, the Times reports, citing sources.
Simplebet Sets New Super Bowl Handle and Betting Records

Feb 14, 2024 | covers.com | Geoff Zochodne |Brad Senkiw |Grant Leonard |Michael McClymont

The operator took in half a million more bets than last year's Big Game. Simplebet increased both its handle and ticket count by double-digits for Super Bowl 58’s hotly contested game. Simplebet, a leading global technology provider of micro-betting products, received over one million bets on Super Bowl 58 across its 30 regulated US jurisdictions. That’s 29% more bets than it processed for last year’s Big Game.
Ontario Wants Court to Quash Online Sports Betting Challenge

Feb 14, 2024 | covers.com | Brad Senkiw |Grant Leonard |Michael McClymont |Rohit Ponnaiya

Ontario government lawyers are scheduled to be in court next week to defend the province's competitive market for online sports betting and internet casino gambling. Is Ontario running “the most comprehensive illegal gaming regime Canada has ever seen?" It’s a question a judge could consider in the not-too-distant future, and it is hugely important for the province’s army of privately owned online sports betting sites.
Despite Long Layoff, Tiger Woods is Sportsbooks' Largest Liability for Genesis Invitational

Feb 14, 2024 | covers.com | Grant Leonard |Michael McClymont |Rohit Ponnaiya |Brad Senkiw

Tiger Woods hasn’t won a PGA Tour-sanctioned event since October 2019. The legendary golfer hasn’t even played in an official event since the 2023 Masters, where he withdrew early with a foot injury. A long layoff doesn’t matter to bettors. If Woods is to continue adding to his historic resume, fans want to be on the winning side as well. The sport’s icon holds 8% of the betting slips to outright win the Genesis Invitational this week over at BetMGM, the highest of any golfer in the field.
BetMGM Reports Record Q4 in 2023 Earnings Call

Feb 14, 2024 | covers.com | Michael McClymont |Brad Senkiw |Geoff Zochodne |Grant Leonard

MGM Resorts released its full-year and fourth-quarter results on Tuesday and shared that BetMGM achieved profitability in the second half of the year. “Our Las Vegas Strip Resorts and MGM China set new all-time records for full year and fourth quarter Adjusted Property EBITDAR,” said Bill Hornbuckle, CEO and president of MGM Resorts. The BetMGM operator reported a 22% increase in Q4 consolidated net revenues of $4.4 billion.
Sports Betting Bill Clears Another Missouri House Committee

Feb 12, 2024 | covers.com | Geoff Zochodne |Brad Senkiw |Grant Leonard |Michael McClymont

But making progress in the Missouri House has never been that big of a problem for legal sports betting legislation. Sometimes you need to savor the small victories, which is what supporters of legalizing sports betting in the Show-Me State got on Monday in the Missouri House of Representatives. According to the legislature's website, the Missouri House’s rules committee for administrative oversight passed House Bill 2331 after meeting in an executive session not open to the public.
Georgia Senators Propose Sports Betting Ballot Question for Voters

Feb 12, 2024 | covers.com | Brad Senkiw |Grant Leonard |Geoff Zochodne |Michael McClymont

Members of the Georgia Senate have a question they’d like to ask voters this November: Is it OK if we legalize sports betting? Senate Resolution 579 was introduced last week by a bipartisan collection of lawmakers, including Sen. Bill Cowsert, who successfully pushed for the requirement for a referendum in a sports-betting bill that passed the chamber this month.
Super Bowl Betting Recap: Sportsbooks Take Beating on Chiefs' Overtime Win

Feb 12, 2024 | covers.com | Grant Leonard |Geoff Zochodne |Brad Senkiw |Michael McClymont

The “house always wins” adage doesn’t always apply to the Super Bowl, especially when Patrick Mahomes has something to say about it. The underdog Kansas City Chiefs knocked off the San Francisco 49ers 25-22 in overtime of Super Bowl LVIII in Las Vegas on Sunday night. The outright upset set sportsbooks back as the Chiefs are one of the most popular NFL teams to bet, especially when the public can back Mahomes, who’s 11-1-1 against the spread as an underdog and 10-3 straight-up.
North Carolina Issues First Batch of Sports Betting Licenses to Suppliers

Feb 12, 2024 | covers.com | Brad Senkiw |Michael McClymont |Ethan Matthew |Grant Leonard

North Carolina’s new licensees perform a variety of roles related to legal sports betting, albeit not the actual taking of wagers. North Carolina regulators awarded their first batch of sports betting licenses last week, another step toward the scheduled launch of mobile wagering in the Tar Heel State next month. On Friday, the North Carolina State Lottery Commission announced it issued provisional licenses to seven sports wagering suppliers.