Russia’s regulated sports betting market could triple its turnover over the next five years thanks to new market entrants and high-profile sports events like the 2018 FIFA World Cup. Russian gambling affiliate Bookmakers Ratings recently issued a new report that pegged current annual turnover of the Russian betting market at around RUB 677b (US $11.75b), of which around 60% is claimed by Russian-licensed operators. Annual betting revenue in this country of 144m people is estimated at RUB 47b (US $816m). The report projects that the growing number of licensed online bookmakers, coupled with interest driven by Russian-hosted marquee sports events…

Thursday was an important day for the future of sports betting in New Jersey and the rest of the United States. But we won’t know what happened until Monday. The US Supreme Court justices met on Thursday to consider a number of cases for a possible appeal. Among them was Christie vs. NCAA et al — better known as the NJ sports betting case. SCOTUS held a conference on Thursday. One topic was whether to hear the appeal in the ongoing federal case involving sports betting and the state of New Jersey (represented by Gov. Chris Christie in the name…

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…

Advocates of expanded sports betting suffered a setback yesterday when the acting Solicitor General recommended that the Supreme Court decline to hear New Jersey’s appeal in its challenge to the federal government. The recommendation substantially diminishes the odds that the high court will agree to hear the case, but the decision will only further ramp up pressure on sports leagues to address the issue and build momentum for a legislative solution, a panel of experts told the East Coast Gaming Congress in Atlantic City on Wednesday. “I think the expectation was that the Justice Department would say ‘No you should…

There is a long history of sports betting in the United Kingdom and with the explosion of sportsbooks on the Internet the gaming possibilities are endless. There are not only many reputable online sportsbooks, but land based betting shops and there are over 1,000 in London alone. When gambling online players can have direct registration without using a broker and they can also use a betting broker and a ton of information on both can be found at releasedbettor.co.uk. There is also much information pertaining to offshore bookmakers and betting on foreign, not based in the United Kingdom, sportsbooks. The…

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…