Tag: sports betting
West Virginia Sports Betting Launches
West Virginia sports betting has become the latest launch of the legalized activity, with a local politician stating its law can be a model for others to follow in the United States. The official opening ceremony for the sports book at Hollywood Casino at Charles Town Races in Jefferson County is set for Saturday, to time with the start of the college American football season, but a soft opening was made yesterday (Thursday). “We have really done it right in this state and certainly Pennsylvania and others, if it’s going to be successful in their states, they need to look…
College Athletics Looking for Cut of Sports Betting Action
Concerned that expanded sports betting will bring additional costs for ensuring their games are on the up-and-up, college athletics departments are looking for a way to get a piece of the action. A U.S. Supreme Court decision in May allowed states across the country to join Nevada in having legalized sports betting. Since then, sports books have opened in Delaware, Mississippi and New Jersey. A West Virginia casino is set to take bets within two weeks, with other states not far behind. College athletics in states where legal wagering has started or soon will are considering joining professional sports leagues…
DraftKings Targets US Sports Betting
Fantasy Sports Operator DraftKings Targets US Sports Betting as Market Braces for Rapid Expansion DraftKings is braced go nationwide with its mobile US sports betting platform as a result of its success jump-starting online and mobile sports betting in New Jersey last week. After going live with DraftKings Sportsbook as per guidelines created by New Jersey’s Division of Gaming Enforcement (DGE), it’s legal online betting operation is poised to be the number one digital bedding operation in the United States. William Hill, Paddy Power Betfair and playMGM, MGM Resorts live betting platform, were all vying to be the first to…
Penn National Discussing Partnerships with Sports Leagues
Penn National Gaming is discussing potential deals with US major leagues as it expands its offering amid sports betting’s liberalization. As sports betting has been cleared to be legalized nationwide in the US, companies in the gaming industry are planning to expand in the country. However, as major sports leagues are lobbying to get their share of the pie, Penn National Gaming (the largest U.S. regional gaming company by states) is pursuing a sports betting deal with the NBA, MLB, NLH and the PGA Tour. Senior vice president for public affairs for Penn National, Eric Schippers, revealed that the company…
The Sports Betting Affect on Tribal Gaming
How will the legalization of sports betting affect on Tribal Gaming? Much of the American Indian casino industry is at least temporarily opting out of sports betting, discouraged at the anticipated low profit margins and rebuffed by federal and state regulatory and legislative hurdles required to take wagers on college and professional sports. But the debate surrounding sports betting is accelerating efforts to advance tribal government casinos from traditional gambling to internet and mobile technology, a transition believed necessary to generate interest from a younger generation of customers. “This certainly ramps up the conversation of what comes next in the…
Ohio Sports Betting Bill Debuts
Ohio sports betting could become a reality. Two Ohio State Senators drafted a bill that with one sentence begins what is likely to be a high stakes, high volume debate. “It is the intent of the General Assembly to develop and enact legislation legalizing sports wagering,” the bill reads. With that, Senator John Eklund, who represents part of Geauga County dipped Ohio’s toe in the water of a sports wagering. For it to get green-lit, the Ohio House and Senate would need to approve it — and Ohio voters would need to vote to change the state Constitution. More on…