Category: Sports Betting and Fantasy News

Maine Regulates Fantasy Sports

Maine has become the 15th US state to legalise paid-for daily fantasy sports (DFS) contests. DFS is now classed as a ‘game of skill’ in Maine and operators that wish to offer such services in the state will need to have revenue of more than $100,000 (€84,700) and pay a licensing fee of $2,500. Other…

National Indian Gaming Association Supports Sports Betting Reform

The National Indian Gaming Association (NIGA) has announced that it will join forces with the American Sports Betting Coalition (ASBC), a group which is campaigning for the repeal or amendment of the Professional and Amateur Sports Protection Act (PASPA). ASBC is primarily run by the American Gaming Association (AGA) and represents law enforcement officials, states…

FanDuel Exits UK Market

Daily fantasy sports (DFS) operator FanDuel has closed its operations in the UK market. FanDuel informed players of its decision via email and also confirmed its exit via a posting on its official Twitter account. In a message on its website, FanDuel said that it hoped to return to the UK “in the future”, but…

Vegas and eSports May Take Some Time

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The combination of video gaming and gambling is undoubtedly going to become more popular. But it’s not the revolutionary idea some make it out to be, and its widespread acceptance is not imminent, said one downtown casino executive Thursday at a gathering of gaming marketing pros. “The concepts (with esports and skill-based gaming) are not…

Big Surprise: California Tribes Oppose Sports Betting

The CNIGA has warned that a sports betting bill in the state would violate the tribal-state compacts. After the announcement that assemblymember Adam Gray introduced a constitutional amendment that would allow California to offer sports betting in the state if the federal law changes, the CNIGA said that it would violate the tribal-state compacts. Steve…

New Jersey Fantasy Sports Would Not be Regulated as Gambling

The clock is now ticking on Gov. Chris Christie officially signing A3532, a bill regulating daily fantasy sports (DFS) that was passed by the New Jersey Senate on Friday, June 30. The measure, which sailed through the chamber by a comfortable 29-6 margin, would tax DFS operators at a rate of 10.5 percent of gross…

NBA Optimistic on US Sports Betting Changes

The idea of legalizing sports betting has been floated for years with no imminent change in sight, but NBA commissioner Adam Silver remains optimistic of a change that would make betting legal in the not-so-distant future. According to John Ourand of the Sports Business Journal, Silver says he senses that it could happen “in the…

California Wants Sports Betting Reform

California has become the latest state to join a call for wider legalisation of sports betting in the US. Assembly member Adam C. Gray, chair of California’s Assembly Governmental Organisation Committee, yesterday (Thursday) put forward a constitutional amendment to authorise sports wagering in the state, contingent upon a change in federal law. In a statement,…

DraftKings & FanDuel Officially Abandon Merger

DraftKings and FanDuel have scrapped their merger plans after initial proposals were rejected by the US Federal Trade Commission (FTC). An initial scheduling conference with the FTC national consumer protection agency was set to occur before an administrative judge today (Friday), but the two daily fantasy sports (DFS) operators announced on Thursday that they will…

New Real Money Esports Betting Platform

Esports betting and fantasy league site, eSportsPools (ESP), has this week announced the launch of its real-money betting platform, ESP.bet. With this launch, esports fans in regulated markets can now bet at ESP.bet 24/7 across titles such as League, Dota and CS:GO. As esports betting grows in popularity, the space is becoming more competitive and…

US Sports Betting Reform May Not Mean Online Sports Betting

The New Jersey sports betting case heading to the US Supreme Court has let the imaginations of many run wild. Namely, the prospect of the state winning its appeal to allow sports betting also offers the possibility that a number of other states could quickly move to legalize sports wagering. (Some already are well on…

Could New Jersey Sports Betting Hurt Las Vegas?

The law of unintended consequences could apply to the New Jersey sports betting case. Many are focused on the prospect of the US Supreme Court ruling in favor of the state in its quest to offer legal sports betting within its borders. That could open the possibility of states around the country changing their laws…

Indiana Hands Out 3 Fantasy Sports Licenses

The Indiana Gaming Commission (IGC) granted DraftKings, FanDuel and FantasyDraft the permission to operate in the state as the three companies had temporary licenses whilst waiting for a final resolution. Despite the good news for the three biggest operators in the country, thirteen companies suspended their business in the state after they didn’t apply to…

New Jersey Sports Betting Appeal: Game On!

Petition granted. The United States Supreme Court has agreed to hear New Jersey’s appeal in the state’s long-running quest to offer legalized sports betting. The ruling breaks a string of courtroom losses for New Jersey, dating back to 2012. The five major sports leagues — the NCAA, NFL, NBA, NHL and Major League Baseball —…

Fantasy Soccer Betting in the UK

Fantasy Soccer has grown massively over the last decade, with millions of virtual managers investing time pondering over their starting line-ups in order to win valuable points. Many turn to stats or the formbook to help make their final decision – something which could actually pay-off in soccer betting too. Of course, knowing which players…

Supreme Court in Limbo Over New Jersey Sports Betting

Monday was expected to be the day the U.S. Supreme Court would announce whether it will hear New Jersey’s years-long effort to legalize sports betting at casinos and racetracks. But a decision never came, either for or against the state. Now, experts say, the nation’s highest court could make an announcement Tuesday — though even…

Russian Sports Betting Could Triple by 2022

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),…

Do or Die Time for New Jersey Sports Betting

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…

DraftKings and FanDuel Merger Unlikely

The US Federal Trade Commission (FTC) has said that it will seek to block the proposed merger between daily fantasy sports (DFS) companies DraftKings and FanDuel. According to reports in the US, the FTC has raised concerns over how the deal could impact competition in the US DFS sector, forecasting that the combined company would…

How to Bet on Tennis Matches

The French Open is over and the grass court season has officially begun. This means that Wimbledon is just around the court. With the coming of the oldest of the four Grand Slam championships another pastime which is as old as tennis itself is about to roar back into top gear – betting. Let’s face…