PokerStars has decided to bring their players even more with the launch of their new peer-to-peer online betting platform! The PokerStars Betting Exchange is now available at both at PokerStars .com and .eu sites, giving their customers access to a sports betting experience on a global level while maintaining the ease of a single account and wallet! The PokerStars Betting Exchange uses technology from Flutter Entertainment, which gives PokerStars players access to a global liquidity pool. It’s the world’s largest betting exchange (the Betfair Exchange), which means that players have immediate access to global markets and opportunities to buy and…

The numbers from March are in, and New Jersey sports bets have broke the $1 billion mark. That’s the sixth consecutive month that the state has been able to break the billion dollar mark. Casinos in the state handled $1.12 billion in bets, driven mostly by the NCAA March Madness basketball tournament, according to the state Division of Gaming Enforcement. Ironically, bettors in New Jersey could not place money on St. Peter’s of Jersey City, as their is a prohibition of betting on in-state collegiate programs. St. Peter’s became the first 15 seed to advance to the Elite Eight when…

Wagering on sporting events, and in particular mobile sports betting, is a popular hobby throughout the country but as each state moves forward with its legalization and launch, it becomes clearer just exactly how many Americans bet on sports. Sports betting is seen to be a $150 billion industry, and this is assumed to be a conservative estimate. An article from Legal Sports Betting said that roughly 50% of US residents are projected to live in a state that has launched legal sports betting by the year 2024. As of now, over a quarter of US residents live in a…

Esports Entertainment Group has announced the successfully completion of the ‘soft play’ phase of their New Jersey esports launch. Their VIE.gg platform now allows registered bettors in the state to bet on approved professional esports events. They are the first operator to be granted the right to launch full New Jersey esports betting. Players can wager on their favorite esports teams in real-time as part of a seamless and immersive experience. Players are able to leverage their esports skills across games such as Call of Duty, Overwatch, CS:GO, League of Legends and DOTA 2. “We are pleased with the completion…

Restaurant chains can be known for many things, but Hooters sports betting is probably not the first thing you think of when you hear the brand’s name. That might be changing, though. But to be honest, the popular chain isn’t going to become a bookie, and they won’t profit directly from gambling.So what’s up? Instead of becoming an operator, Hooters simply hopes for higher profits on their products from bettors who come to bet on games, but end up staying for the food and drinks! Will it work? Well, they have already seen “promising results” from this model during the…

The global fantasy sports market size is expected to increase by $6.11 billion at some point between 2021 and 2026. The report that predicts this offers detailed insights on the key drivers, trends, and challenges that impact the growth of the market around the world. In particular, the launch of multiple apps for fantasy sports. The increasing availability of low-cost smartphones in developing countries such as China, India, and Mexico has fostered the growth of the global mobile gaming industry. The increasing use of smartphones for mobile gaming is encouraging gaming companies to introduce a wide range of apps for…

A Court of Appeals has ruled that New York fantasy sports are perfectly legal. This coming as the court found sufficient evidence that playing fantasy sports is skill-based and therefore not subject to state gambling laws. The case had been winding its way through the system since 2016 an anti-gambling group asserted that New York fantasy sports were unconstitutional and violated gaming laws. Two lower court decisions agreed with that belief. However, the appeals court arrived at a different conclusion all together. They found that fantasy sports are not based on chance, nor are they betting on sports events. Instead,…

The data is in, and the data is amazing. There’s no slowing down New York mobile sports bets, and residents of the state continue to wager staggering amounts. After a quick start, their momentum has maintained itself and is now over $3.5 billion. Online sports book operators have seen betting averages above $50 million per day, and all those bets have translated into nearly $240 million in revenue. But let’s not forget that the state takes a ludicrous 51% of that in taxes. Any thoughts of the betting volume slowing down can be dismissed, at least for now. Industry experts…