New Jersey

New Jersey Sports Betting Bill Says “No” to Integrity Fees

New Jersey has advanced a bill to legalize sports betting but opted not to include integrity measures requested by professional sports leagues in the US. The National Basketball Association (NBA), National Football League (NFL) and Major League Baseball (MLB) have rallied for bills to feature clause whereby the leagues receive a share of gambling revenue. The leagues have said that they require additional funding to expand their anti-corruption efforts now that the US sports betting market is expanding. States are now permitted to legalize sports betting after the Supreme Court voted to repeal the federal 1992 Professional and Amateur Sports…

How Bet9ja and Nairabet Betting Platforms Changed the Approach of Nigerian’s Toward Sports

Passion and Enthusiasm for sports have improved in the country thanks to the thrill that betting brings. For some people betting have a become a business venture, for others it have become a source of generating finance while the remainder have embark on it for the purpose of the fun of it. Nairabet and Bet9ja platforms have indirectly proven to be another big supplier of labor as the litter almost in every nook and cranny of the country just like Bet365 bonus code is everywhere in UK. The two betting platforms however were not the first to hit the Nigerian…

William Hill

William Hill to Power Sports Book at Ocean Resort Casino

It won’t be open for another month, but the Ocean Resort Casino in Atlantic City already has booked its first guest. In gaming terms, it has hooked a whale. The William Hill company, the most prolific sportsbook in Vegas, will oversee the Ocean Resort’s sports gambling operations. The Ocean Resort is the former Revel Casino, at the north end of the AC boardwalk. Business is contingent, of course, on the New Jersey legislature’s approval of sports betting, which could come within the next week or so. The floodgates to that process were opened when the U.S. Supreme Court overturned a…

Delaware to Launch Sports Betting

It looks like we can plan for Delaware sports betting after the U.S. Supreme Court overturned a federal prohibition on as unconstitutional under the 10th Amendment. New Jersey, the state originating the case, will be the first state to legalize sports gambling, Richard Wolf reports. Delaware will be the first new state to offer sports betting following the nationwide legalization of such wagering, Gov. John Carney announced in a news release Thursday. Sports wagering will begin at 1:30 p.m. Tuesday at three locations, a move that comes after the Supreme Court struck down the Professional and Amateur Sports Protection Act…

Nevada Among State Gaming Regulators Slamming “Integrity Fees”

Top gaming officials from four ideologically different states combined forces to push for a set of sports betting priorities. Leaders from Nevada, Michigan, Massachusetts and Louisiana issued a statement criticizing integrity fees and advocating “reasonable” tax structures. They also back allowing states and tribes to set their own rules without federal intervention. “As experienced gaming regulators who are part of the U.S. State Gaming Regulators Forum, we would encourage jurisdictions to establish and implement regulatory models that are not only adaptive and successful, but that remain flexible enough to be sturdy, yet encourage innovation.” Different states will enact different rules…

FanDuel sued

PaddyPower Betfair Purchases FanDuel

PaddyPower Betfair has entered a definitive agreement to acquire leading US DFS business FanDuel, it confirmed to the London market last week. FanDuel, one of the big two operators in the US DFS market alongside DraftKings, will be merged with PPB’s Betfair US business to target the prospective US sports betting market, following the repeal of the federal ban by the US Supreme Court last week. PaddyPower Betfair will contribute its existing US assets plus $158m in cash for a 61% share of the combined business, with FanDuel investors owning the other 39%. “A mechanism” has been agreed to take…