Tag: sports betting
Uganda Bans Sports Betting
The small African nation of Uganda bans sports betting recently. President Yoweri Kaguta Museveni, has ordered a ban on sports betting, a minister has disclosed over the weekend. State Minister of Finance David Bahati, was quoted by the privately-run Daily Monitor portal as confirming that no new licenses will be issued for the betting companies and that old licenses will not be renewed upon expiration. “We have received a directive from President [Yoweri] Museveni to stop licensing sports betting, gaming and gambling companies. The president has now directed the board which has been regulating them,” Mr Bahati is quoted to…
NFL Concerns Over Prop Bets
Many Americans in places where sports betting is legal for the first time are beginning to make wagers on the Super Bowl, including some prop bets on the performances of individual athletes. But if the National Football League had its way, bets on things like passing touchdowns for New England Patriots quarterback Tom Brady or rushing yards for Los Angeles Rams running back Todd Gurley would be restricted — or even outlawed as too risky and vulnerable to manipulation or cheating. Proposition bets — also known as prop bets — are less popular during the regular season but gain steam…
Governor Supports Massachusetts Sports Betting
Governor Charlie Baker introduced a new proposal on Thursday that aims to legalize Massachusetts sports betting, and tax those bets on professional sports both online and at casinos. The law would allow other entities to be licensed to offer the modality as well. Baker detailed that he would file legislation to allow the Massachusetts Gaming Commission (MGC) to license the three casino operators in the state to offer on-site and online sports betting. This legislation would also pave the way for other operators, such as daily fantasy sports (DFS) entities to be licensed for sports betting. “Our legislation puts forth…
Governor Wants Legal New York Sports Betting
New York Governor Cuomo wants 2019 to be special. In fact, he wants this to be the year of legal New York sports betting. “Let’s authorize sports betting in the upstate casinos,” Cuomo said Tuesday early in his State of the State address. “It’s here. It’s a reality, and it will generate activity in those casinos.” New York passed a 2013 law that authorized four upstate casinos to offer in-person sports betting, if permitted by federal law. Then, in May of 2018, the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act… the federal statute which restricted…
The Sports Betting March Across America
This week’s gambling news finds the march of regulated sports betting across America continuing! Eight states have legalized the activity with over 20 more now considering legislation to do the same! NBC Sports recently rolled out a bet on sports game which closely resembles in-play betting! Plus, another state is considering online poker and casino regulation! Elements of the Predict the Game contest and real-time data will be displayed on a graphic overlay surrounding the regular live-game presentation. These stats will be similar to those displayed in a sports gambling environment, such as win-probability data, moving money line and spread….
In-Play Sports Betting Debuts in America
NBC Sports rolled out a predictions game during its live broadcast of an NBA basketball game this evening. The contest between the Washington Wizards and Milwaukee Bucks was the first in America to feature this format more commonly found with in-play sports betting. Elements of the Predict the Game contest and real-time data will be displayed on a graphic overlay surrounding the regular live-game presentation. These stats will be similar to those displayed in a sports betting environment, such as win-probability data, moving money line and spread. Fans wanting to try the in-play sports betting game will have to answer a…