Sports betting was legal in only five states in the US at the start of the year but that is about to change as soon as March the 15th 2018. Two states namely New York and West Virginia recently passed bills to make sports betting legal effective as soon as the federal ban on sports betting outside of Nevada is lifted meaning an opportunity has risen for start-ups to acquire software for bookies and start their online sportsbooks while the general populace of the two states now join sports bettors in other parts of America in getting the best sportsbook…

US Sports betting in states outside of Nevada may be nearing reality. But that doesn’t mean it will be a business success. Even as major professional sports leagues like the National Basketball Association open their eyes to the multibillion-dollar opportunity with the sports wager industry, their ideas on how to get a piece of the action may impede the ability to attract gamblers away from illegal betting and offshore markets. The NBA, in particular, is being “short-sighted” in requesting a 1 percent cut on all bets, says Twitter v.p. of Analytics Jeff Ma. Ma, who was one of the leaders…

Luminescent signboards flashed across the streets and alleyways as colossal skyscrapers soared upwards to speak with the heavens. The jingle of coins and the rumbling of roulette wheels approached the ear from all directions. Inside, you could hear the flamboyant cheers of players soaked in adrenaline-filled mirth. Drinks poured in one glass at a time as the many LCD screens cast a depiction of the latest baseball game happening halfway across the country. A trip to Las Vegas is the idyllic fantasy of every bachelor in the free world, but not everyone can afford the expensive and timetaking trips miles…

Some powerful folks in the American casino world are betting on Donald Trump fast-forwarding the push toward legalized sports gambling in this country. In his year-end conference call with reporters, Geoff Freeman, president of the pro-casino American Gaming Association (AGA) trade group, said Trump’s firsthand business experience within the gaming industry bodes well for a repeal of a federal law barring sports betting in most states. “With regards to sports betting, I think that we are entering a perfect storm,’’ Freeman said. Freeman cited interest among television broadcasters and individual team owners in repealing the 1992 Professional and Amateur Sports…

With the recent challenges to Internet gambling in the United States, a pannel discussion at the Global Gaming Expo addressed the issue this week. Moderated by Lloyd Levenson, Chairman of the Casino and iGaming Law practice group, this panel of experts discussed the issues facing iGaming in the U.S. and the future of the industry. Panel members Susan Hensel, Director of Licensing for the Pennsylvania Gaming Control Board; Matthew Katz, CEO of CAMS, LLC; and Michael Choen, Caesars Interactive Entertainment began discussing the current legislation being considered by the Pennsylvania Senate as the state is poised to be the next…

State lawmakers across the country are busy putting the finishing touches on bills before the end of the current legislative sessions, so they can head back home and start campaigning for reelection. Those priorities have seen a dwindling number of states that still have a chance to pass an online gambling bill in 2016. The list of potential iGaming candidates is currently down to just three, with only one state, Pennsylvania, instilling supporters of legalized online gambling with any semblance of optimism. In fact, online gambling looks rather promising in PA, as the state legislature has included online gambling revenue…