Category: Sports Betting and Fantasy News
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 rights’ advocates, policymakers and the gaming industry. NIGA represents 184 gaming tribes throughout the continental US. It primarily aims to repeal or amend the Professional and Amateur Sports Protection Act (1992), which currently prohibits sports betting in anywhere apart from Nevada, Delaware, Oregon and Montana….
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 did not officially disclose the reasons behind the move. Players who have funds left in their account will have their balance credited to their most recent bank card and will also receive an email confirming payment. More at iGaming Business
Vegas and eSports May Take Some Time
The combination of video gaming and gambling via eSports 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. According to Jonathan Fennelly, the author of Gamopo.com, an Esports blog that compares the Best Esports Betting Sites, the growth of Esports Betting in the US is the most underappreciated opportunity in online gaming right now. Esports betting is pacing to do $8 billion in wagers this year and the industry is…
Big Surprise! California Tribes Oppose Sports Betting!
California Tribes represented by the California Nations Indian Gaming Association (CNIGA) have warned that a sports betting bill in the state would violate the tribal-state compacts. After the announcement that assembly member 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 Stallings, chairman of the California Nations Indian Gaming Association (CNIGA), warned that the constitutional amendment that paves the way for a legal sports betting market in California violates the tribal-state compacts. “Historically, the association has…
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 revenues each quarter. Initial estimates are that the bill would net the Garden State approximately $6.6 million per year. If passed, the bill would classify DFS as a non-gambling game of skill, which means that its oversight would not fall to the Division of Gaming…
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 next few years” in the United States. “People want to bet throughout the game,” Silver added. “It results in enormous additional engagement with the fans.” Although this may sound like groundbreaking news in terms of a push to legalize sports betting, Silver has long been…
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, Gray said the ACA 18 amendment is in response to confirmation that the US Supreme Court will hear an appeal by the state of New Jersey in its own efforts to legalise sports betting. At present, sports wagering is only legal in four states, including…
DraftKings and 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 now seek to pursue their own development. A deal between the two companies had been mooted for some time and an agreement was announced in November 2016. However, the FTC, estimating the pair held 90% of the US market, raised concerns over the impact the…






















