Tag: American Sports Betting
American Sports Betting Could Pass UK Withing Five Years
A new report has predicted a period of rapid growth of American sports betting – forecasting that it will grow to the second-largest market in the world – but also warned that it may reach just a third of its potential size by 2030. Produced in conjunction with iGaming Business and ICE Sports Betting USA, H2 Gambling Capital’s US Sports Betting: The Road to 2030, described the repeal of the Professional and Amateur Sports Protection Act (PASPA) as the gambling industry’s biggest opportunity in a decade. It said that due to the rapid roll-out of regulations, the US sports betting market…
Canada Jealous of American Sports Betting
Is Canada jealous of American sports betting? The Canadian Gaming Association (CGA) has said it welcomes the announcement made by the National Hockey League on its first sports betting partnership with MGM Resorts International. That decision established a partnership with the gaming industry in the United States that will bring an exciting new level of engagement for NHL fans both in arenas and casino sports books across the country. Canada has had legal parlay sports wagering for decades. To remove the prohibition on single-event wagering, a simple amendment to repeal paragraph of the Criminal Code is required. Canadians are without…
England’s Premier League Supports American Sports Betting
England’s Premier League would support an expanded sports betting market in the US, according to rights partner Football DataCo. The US Supreme Court is due to rule on New Jersey’s bid to overturn the federal 1992 Professional and Amateur Sports Protection Act (PASPA), which blocks states from legalizing sports wagering. Nevada is currently the only state in which punters can legally wager on sports in the US, but the situation could change should New Jersey succeed in its long-running effort. The National Basketball Association (NBA) and Major League Baseball (MLB), as well as golf’s PGA Tour, have publicly backed New…
William Hill Ready for American Sports Betting
When the Vegas Golden Knights score their second goal against the Edmonton Oilers—a nifty midair redirection of a shot from the blue line—the foghorn blasts and chants of “Go Knights go!” take a couple of minutes to die down. It’s a Thursday night in February at the new, 20,000-seat T-Mobile Arena on the southern end of the Las Vegas Strip. “They have cost us a lot of money,” says Joe Asher, who’s watching in a suite above center ice in blue jeans and a half-zip fleece. Asher, chief executive officer of William Hill US, oversees the largest collection of sportsbooks…
AGA Goes After Federal Sports Betting Ban
The casino industry’s largest lobbying group in the U.S. is ramping up its efforts to repeal a 25-year-old federal law that bans sports betting in most states. The American Gaming Association on Monday announced the creation of a coalition involving organizations of attorneys general and police, policymakers and others to advocate for the repeal of the ban that the industry says has fueled the $150 billion illegal sports betting market. “The American Gaming Association believes a perfect storm is aligning and now is the time to repeal a failing law,” Freeman said during the announcement. He cited a recent survey…