Tag: betting
Betting in face of COVID-19
Join the Online Event Dedicated to Operating a Betting Business During the Pandemic! The high speed of COVID-19 coronavirus spreading has led to initiation of the restricting measures in many countries. Quarantine, closing of entertainment events and rescheduling of public events are causing the immense influence on the economy and business. The crisis affected the betting market as well. Betting providers need to adapt to the situation and change their focus. Betting in face of COVID-19 online conference dedicated to operating a betting business on the EU market during the coronavirus pandemic will take place on April 17. Event will…
Utah May Legalize Horse Race Betting
A Utah lawmaker rolled out a bill seeking to legalize horse race betting, despite the fact that gambling is for the time being illegal in Utah. The new bill called SB181 is sponsored by Senator David Hinkins. It will provide local voters with the chance to make decisions on the fate of wagering on horse racing or so-called “parimutuel betting” in each county. According to the bill’s sponsor, the proposed piece of legislation is to be backed by some counties across the state. Senator Hinkins has further shared that to him, the state ban on horse race betting is an…
eSports Betting Now Legal in Nevada
Nevada, home of Las Vegas, has been a gambling hub since the desert was transformed many years ago. Las Vegas is also slowly becoming a hotspot for esports competitions as Sin City welcomes the industry. The issue, however, was gambling with esports which has fallen under scrutiny for quite some time. This is about to change after Nevada Governor Brian Sandoval signed a new bill into law this past weekend which extends state laws on sports wagering into esport events. The bill is set to become effective on July 1st. The “esports betting bill,” or Senate Bill 240, is quite…
Betting on NFL Games While at an NFL Game?
Could the day come when fans are betting on NFL games while physically at the stadiums? Well, the new Las Vegas Raiders stadium — scheduled for completion in 2020 — sets up an interesting dynamic for gambling and the NFL. Namely, sports betting is legal in Nevada, while daily fantasy sports exists only in a limited fashion via the state’s existing gaming laws. Reporting from ESPN indicates that the state’s casinos and sports books expect mobile Nevada sports betting to be able to take place inside the Raiders’ stadium. That leaves the possibility that you could bet on games while…
Americans Will Bet Over $35 Billion on Baseball
American sports fans are poised to wager $36.5 billion on Major League Baseball (MLB) this year, according to an estimate by the American Gaming Association (AGA) released just days before opening day. Of the $36.5 billion that will be wagered, $35.4 billion – or 97% – will be placed illegally through illicit offshore websites and sports bookies. Americans wager roughly $154 billion a year on sports illegally due to the 1992 federal prohibition on sports betting. “The amount wagered illegally on professional baseball is another sign the federal ban on sports betting has become an utter failure,” said Geoff Freeman,…
NBA & FanDuel Launch “InPlay” Betting
The NBA is upping its game on daily fantasy sports, with a little help from FanDuel. The league unveiled a fantasy game based on NBA games called InPlay on Thursday. It appears to be the development of a product called FanDuel Turbo that never officially launched. The NBA has an equity stake in FanDuel. “We are always looking at ways to enhance the viewing experience, drive people to tune in to our broadcasts and increase the time spent watching live games,” said Melissa Rosenthal Brenner, NBA Senior Vice President, Digital Media, in a press release on the launch. “NBA InPlay…