The in-depth reporting and industry coverage that has defined Sports Handle for years now lives on the as part of a new strategic initiative from the parent company of both, Better Collective. In an effort to serve fans of Sports Handle, we present the best of our daily coverage on Action Network, summarized below, with links to the full stories on Action:
In a world where sports betting is part of the mainstream, impacts are felt deeply across society — and not without consequences, especially for low-income households. According to a recent study, those in the lowest income bracket experience disproportionate losses from sports betting. In fact, the study found that the poorest households lost on average $1,267 per year on sports betting, a significant amount for people earning $25,000 or less. This clearly highlights the socioeconomic impact of legal internet sports betting in America, with the most vulnerable potentially further disadvantaged. Full story here.
Popular YouTuber Jake Paul continues to be a major betting favorite against legendary professional boxer Mike Tyson as Tyson returns to the boxing ring following a health scare for a fight slated for Feb. 20, 2025. Paul is a heavy -270 favorite over Tyson (+205) at DraftKings. Tyson is also a +200 underdog at bet365, translating to a win probability of 33.3%. This dynamic shifts from the norm, where professional boxers are usually favored over YouTube personalities. However, in this case, Paul’s consistent victories over notable sports stars, combined with Tyson’s age, have tilted the odds in Paul’s favor. Full story here.
Michigan had a robust July 2024. The state revenue report reveals a total gross revenue of $114.2 million, up 19% from June 2024. This improvement is credited to the surge in betting activity during the NBA Finals and the completion of interstate online poker compacts. Additionally, casinos and racetracks reported a combined total of $320.4 million in gross revenue. Full story here.