Category: Sports Betting and Fantasy News

Illegal Sports Betting is 97% of US Market

Illegal sports wagering now accounts for an annual US$196bn or 97% of all US sports betting, according to a new analysis by the gambling sector’s leading market data provider, H2 Gambling Capital, exclusively provided to iGaming Business. The £196bn handle (or $10.4bn GGR) calculated for 2016 in H2’s ‘deep dive analysis’ (paywall) is substantially higher…

Optimism Grows as Sports Betting Case Nears

It was supposed to be the first of its kind in New Jersey: a lounge at Monmouth Park racetrack where people could legally bet on sports games — just like they do in Las Vegas. Four years after it was built, not a single bet has been placed. The lounge at the Oceanport track has…

The Latest Trends in Online Sports Betting: 2017

As technology advances, there have been major innovations in the iGaming industry. Both online casino and sports betting operators are now turning to look at more creative ways to engage users. Trends are changing, demands are growing and the focus is on a more interactive gaming experience. To give you a bit of insight into…

Texas Attorney General Says PASPA Unconstitutional

Texas Attorney General Ken Paxton has described the US federal sports betting ban as unconstitutional, in a statement published by the American Sports Betting Coalition (ASBC). The comments were made in relation to the state of New Jersey’s Supreme Court betting case, in which the state is attempting to partially repeal laws under the federal…

NBA to Congress: Regulate Sports Betting

The NBA appears to be ready to lobby Congress to legalize and regulate sports betting in the US, a shift in the pro basketball league’s public stance from just a year ago. The NBA publicly talked about its intent to lobby Congress for the “federal framework” it has long espoused at the Sports Betting USA…

The Most Profitable Sports Betting Strategies

Sports betting has revolutionized in many aspects over the years. This is primarily due to the introduction of online gambling platforms, whose influence is evident in the development of different types of poker games and online casinos as well. As sports betting reaches a more advanced form, bettors are also in need of improvement. Recognizing…

Most Popular Sports in the USA

The love of sports is rooted deeply in US history, and the evolution of many major leagues in this department only goes to prove this claim. With the pending court case regarding the legalization of online sports betting on the greater part of the United States, everyone is eager to know which sports are likely…

“D” Day Coming for U.S. Sports Betting

The US Supreme Court will hear oral arguments in the New Jersey sports betting case on December 4th. At issue is the state’s attempt to repeal its own laws in order to legalize sports betting within its borders. So far, the NCAA and the major North American pro sports leagues have turned back those efforts…

Americans Want Legalized Sports Betting

With the U.S. Supreme Court expected to hear arguments soon on a case that could upend the country’s sports gambling laws, for the first time most Americans support making wagering on professional sports legal, according to new poll conducted by The Washington Post and the University of Massachusetts Lowell. A 55-percent majority approve of legalizing…

US Sports Betting Reform Keeps Picking Up Steam

As in years past, football fans who like a little bit of action can pick NFL games at Calder Casino: It’s a far cry from sports gambling, but it’s the best casino option we have. That may change, according to the American Gaming Association and legal experts. They see a day when sports betting is…

The NFL in London: Sports Betting and All

Sunday, on the way to an NFL game, fans can step into one of the numerous betting parlors that dot each city block here. They can wager on that afternoon’s game (or any NFL) game, such as whether Baltimore will defeat Jacksonville by 3.5 or more points. Or they can play the over/under of 39.5.…

Paddy Power Censured Over “Bet on Black” Campaign

The UK’s Advertising Standards Agency (ASA) has censured Paddy Power over an advert featuring boxer Floyd Mayweather. First published on August 23 in the Evening Standard newspaper, the advert ran with the headline claim ‘Always Bet On Black’ alongside an image of Mayweather. Paddy Power had ran the advert informing punters that it had opted…

Poor Consumer Practices Cost FanDuel & DraftKings Millions

DraftKings and FanDuel have each agreed to pay more than $1m (€830,000) to resolve allegations of consumer-unfriendly practices in the US state of Massachusetts. Coinciding with the start of the new NFL American football season, both daily fantasy sports (DFS) operators are to pay $1.3m in a deal announced by Massachusetts Attorney General Maura Healey.…

NFL Week 1 in review: Did the odds makers get it right?

The first week of the 2017 NFL season is officially over and we’ll check out if the odds makers in Las Vegas got it right with their picks. We started the season with a huge surprise, but the rest of the games were very interesting as well. How did you do with your own predictions?…

20 States Join New Jersey’s Sports Betting Fight

The American Gaming Association has joined with 20 states in filing briefs to the U.S. Supreme Court in support of New Jersey’s attempts to offer sports betting in the state. New Jersey has made several appeals as courts have repeatedly struck down its attempts to overthrow the Professional and Amateur Sports Protection Act, which bans…

US Congress Bets the Constitution on Sports Betting Case

The Professional and Amateur Sports Protection Act (PASPA), which Congress passed in 1992, forbids states from “authorizing” sports betting “by law.” As every middle-schooler learns, however, our Constitution establishes dual sovereignty between the states and the federal government. And as the Supreme Court most recently held in New York v. United States (1992) and Printz…

New Jersey Regulates Fantasy Sports

New Jersey has joined the expanding list of US states that have passed legislation that allows and regulates daily fantasy sports (DFS). State Governor Chris Christie signed bill A-3532 yesterday (Thursday), after it was given approval by the Senate back in June. New Jersey becomes the 16th state in the US to legalise DFS within…

Paddy Power Racist Mayweather Tweet?

Irish bookmaker Paddy Power has found itself in the middle of a social media firestorm after advising punters “to always bet on black” ahead of the historic Floyd “Money” Mayweather vs. Conor McGregor fight this weekend. he Independent reported that the Dublin-based bookmaker has already settled bets of those who have backed Mayweather to beat…