Tag: sports betting
Sports Betting and eSports Converge with Online Gambling
Sports betting and esports have been on course to converge with the gambling industry ever since the U.S. Supreme Court struck down PASPA. The decision of the court meant a lot of things, including the notion that esports betting could finally step out of the shadows in the legal sports betting arenas. When the federal government banned online gambling back in 2007, it shut down a lot of the online gambling operations by restricting payments. Venture Beat spoke with Joseph Pappano, managing director of Worldplay Gaming, at the recent Money 20/20 event in Las Vegas. They discussed betting on sports,…
The NHL Sports Betting Deal with MGM
The NHL sports betting deal has altered their position in America. The league reached a deal with MGM Resorts to share game information, which will help enable sports betting data. The NHL now joins the National Basketball Association in working with MGM and embracing betting on sports. This week’s special offer is for Casino Cruise.
NHL Sports Betting Partnership with MGM
A multiyear NHL Sports Betting agreement with MGM Resorts International has been announced, with data for use in betting. This is the second major U.S. professional sports league to strike a deal with the casino giant since the Supreme Court opened the way to expanded gambling last spring. Las Vegas-based company is the league’s first official sports betting partner, just as the MGM-NBA sports betting agreement reached in July. As part of the NHL Sports Betting agreement, MGM gains access to proprietary data that could eventually include puck and player tracking information once that goes through a testing phase. Access to…
West Virginia Sports Betting Rejects Integrity Fees
The plans for West Virginia sports betting have dealt a blow to the major US sports leagues after integrity fees were not included in the state’s revised betting rules. Sports betting is already live at two of the state’s five casinos – with mobile betting expected soon – however firms have been operating since August on temporary rules. The state’s Lottery Commission approved the final regulations after reviewing 18 suggested amendments. It rejected all seven proposals put forward by major sports leagues, including a plan for West Virginia sports betting to collect integrity fees of 1% of turnover put forward by the…
Legal Sports Betting Raises Risk of Game Fixing
With dozens of states rushing to capitalize on the U.S. Supreme Court lifting a federal ban on sports gambling, will game fixing scenarios become more common? The four major pro sports leagues and the NCAA think so, and have argued for years that expanding legal betting will lead to more game fixing. The pro leagues have sought, unsuccessfully so far, a cut of state gambling revenues to increase monitoring. Meanwhile, architects of New Jersey’s successful legal challenge to the sports gambling ban say those fears are overstated and that bringing sports betting out of the shadows will make it easier…
Judge Kavanaugh, Sports Betting and Gambling
The recent Senate appointment of Judge Kavanaugh to the Supreme Court of the United States was carried out in the midst of many important questions. Despite serious scrutiny surrounding allegations of sexual assault, he was confirmed. So now that he’s the newest high court justice, it’s time we look at Judge Kavanaugh sports betting and gambling. There are some questions answered by Kavanaugh that might also provide important lessons for protecting sports betting integrity, although would hardly be the first Supreme Court justice to enjoy an occasional indulgence in gambling.Former Chief Justice William Rehnquist’s reputation was that of a “notorious…