New Jersey

Football Season Brings More Sports Betting Options to New Jersey

On the day the National Football League season kicked off, four gambling companies either began offering more sports betting options in New Jersey or announced plans to do it soon. The Tropicana casino said Thursday that it had reached a deal with William Hill Race & Sports Book to offer sports betting in the near future. No timetable was given for the launch. Hours later, Caesars casino began online and mobile sports betting. The FanDuel sports betting app also went live Thursday, and William Hill’s was set to do so Friday. Both of those companies received approval last week to…

NFL Teams Get Green Light to Work with Casinos & Sportsbooks

A committee of NFL owners has reportedly given NFL teams the green light to grant sponsorship rights to casinos with sportsbooks. Teams will not be allowed to advertise sportsbooks or betting sites directly, but the rules change does relax a longstanding stance that prohibited teams from associating with casinos that also offered sports betting in Las Vegas. According to SportsBusiness Daily, a “team source” said the rules change was announced during a conference call on Monday. The report also claims NFL teams and casinos will be permitted to use one another’s logos in their advertising and promotions. Furthermore, the rules…

NFL Deal with 888

NFL Sports Betting Could Net League $2 Billion a Year

On Wednesday, the U.S. casino industry explained how NFL Sports Betting could increase viewership, assuming the White House doesn’t end up undermining the sport completely in the years ahead. According to the American Gaming Association on Capitol Hill, the NFL’s annual revenue may increase by $2.3 billion under “widely available, legal, regulated sports betting.” The findings came from a Nielsen Sports study commissioned by the AGA. The increased revenue from NFL Sports Betting would come from spending from sports books/casinos on advertising, data and sponsorship, and revenue generated as a result of increased consumption of the league’s media and “purchasing…

Congressional Committee on Sports Betting

AGA Says Federal Sports Betting Framework a “Non-Starter”

The American Gaming Association has warned Senator Chuck Schumer that his new proposals for a federal sports betting framework in the US are “a non-starter” despite several top sports organizations having come out in support of the US Senate Minority Leader’s efforts. Schumer became the latest member of Congress to submit suggestions for a federal sports betting framework, with states so far having adopted their own legislative approaches to sports betting after PASPA, the federal law banning sports betting, was overturned in May. “With the Supreme Court’s ruling, it’s incumbent on the federal government to take a leadership role and…

Federal Sports Betting Regulations Proposed in US Senate

Senate Minority Leader Chuck Schumer (D-N.Y.) became the latest member of Congress to put forth specific suggestions for Federal sports betting regulations in a memo first provided to ESPN. Schumer’s suggestions include the idea that all sports books only use official league data to determine outcomes and that the sports leagues themselves should be involved in determining what bets would be accepted. Schumer also suggested leagues would have to reasonably step up monitoring, but did not mention so-called “integrity fees,” the idea that leagues should be paid a portion of bets on their sport as compensation for ratcheting up security…

mobile sports betting

Explore the benefits of online sports betting

Sports betting is an essential industry in several countries such as the UK, USA, and Australia. If you go by definition, then sports betting is predicting the results of the sports by placing the bets on the game’s outcome. The online forums where you can bet on the favorite sports team have entirely revolutionized sports betting. Forums offer a give and take policy and the bettors discuss the predictions and help one another to decide the profitable bets. There are numerous places or the online websites where you can easily place the bets but all are not genuine, so before…