Category: Sports Betting and Fantasy News
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 to offer sports betting, if the court rules that PASPA is unconstitutional. PASPA is the law that bans almost all forms of sports wagering, outside of Nevada. But there’s a flipside to that possibility: Namely, SCOTUS could rule that PASPA is unconstitutional and shut down…
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 get a permanent license. All of them had temporary permissions, but Sara Tait, Executive Director of the Indiana Gaming Commission had announced that every party had plenty of notice that they should end operations in the state as of July 1. Companies that want 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 — that sued New Jersey Gov. Chris Christie over the state’s plan had urged the Supreme Court to decline review in the case. In reviewing applications for hearings, at least four of the nine Supreme Court justices normally must agree to take the case. “The case…
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 or teams are in good form certainly provides a solid base on which to make a bet. However, everything can be made that much simpler by heading over to matchedbets.com – a site offering a mathematically-proven way to win money whatever the outcome of a…
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 that is uncertain. “This is the Groundhog Day of sports betting,” joked Daniel Wallach, a gaming and sports law attorney with Becker & Poliakoff in Fort Lauderdale, Fla. Set to take a summer recess, the Supreme Court discussed the case in a “cleanup conference” on…
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), of which around 60% is claimed by Russian-licensed operators. Annual betting revenue in this country of 144m people is estimated at RUB 47b (US $816m). The report projects that the growing number of licensed online bookmakers, coupled with interest driven by Russian-hosted marquee sports events…




















