The state’s Division of Gaming has released Colorado sports betting figures showing that over $200 million was wagered just in September. That’s up 61% compared to the month of August. Despite the American football season ‘kicking off’, baseball was the sport with the most money wagered. More than $47 million of bets were placed, with football second, basketball third and then followed by hockey. The activity added nearly $70,000 in taxes to state coffers, the division reported. The sports gambling industry debuted in Colorado on May 1st, and amid a pandemic that put a hold on many professional sports. You…

Some gamblers have accused the American division of William Hill of cheating, claiming they are deliberately delaying the acceptance of in-game bets in Las Vegas. However, while some players me hold the company is creating an unfair advantage against their customers, others say the issue does not quite rise to that level. In a statement to Sports Handle, William Hill flatly denied the claims, and indicated it may seek legal action against one of the accusers. This wasn’t the first time William Hill has been accused of cheating on social media by declining a wager before changing the line. One…

It is hard to look past Jürgen Klopp’s title defenders Liverpool when predicting who will come out on top again in the 2020-21 Premier League season. However, the Reds don’t represent value for bettors as they are odds-on to claim another victory. For this reason, it may be shrewd to consider which other teams have a realistic chance of toppling the Merseyside giants. Tottenham Hotspur have just brought in one of the world’s most potent attackers in Gareth Bale, and the Welshman has been a trophy magnet in his glittering career. Could his addition push Spurs on to an unlikely…

Players in four states will be registering some big gambling votes when the polls open in a few weeks. The legalization of sports betting is set to be decided in Louisiana, South Dakota and Maryland. While Nebraska voters will decide if they want to allow land based casinos. South Dakota’s sports betting bill is simply whether to change the state constitution to allow in-person sports betting at Deadwood’s casinos. Nebraska has three initiatives all relating to the issue, and if all three pass it will no longer be one of the few states in the union without casino gambling. Louisiana’s…

Less than a week after Caesars Entertainment purchased the British bookmaker for $3.7 billion, talk has already started that they will breakup William Hill and sell off pieces of the company. Caesars seems clearly set to focus on the American assets of William Hill, saying that they will “seek suitable partners or owners” for the UK portions of the company. They estimate the U.S. sports and online betting market to be worth somewhere near $35 billion. Analysts estimated William Hill’s non-U.S. assets could fetch Caesars between $2 billion and $4.5 billion. The company could put that money toward repaying its…

It’s been a crazy month for sports betting in America. Caesars Entertainment was brokering deals after being purchased by Eldorado Resorts. The biggest being their acquisition of William Hill. Their CEO, Tom Reeg, recently spoke to CNBC about the legalization of sports betting in this country, and how it’s one of the biggest growth opportunities for gaming in twenty years. “This is an enormous opportunity. I’d liken it to when states outside of Nevada and New Jersey started to legalize riverboat casinos in the ’90s,” Reeg said. “We think there’s a lot of money to be made here over time,…

When a sports book in Costa Rica paid off over $46 million to the US Department of Justice, something seemed wrong. After all, what possible motivation would there be when they operate outside of American jurisdiction? Then, the “ah ha” moment! Their eyes were on the prize: A 5Dimes US market entry! The operator agreed to pay $46.8 million in a settlement with the DoJ following an investigation that the operator illegally targeting American customers. Shortly afterward, they announced plans to enter the regulated US sports betting market. In addition, it explained the decision to block US customers, effective 25…

As sports betting in America continues to explode, Caesars Entertainment has made a multibillion-dollar offer to acquire William Hill for nearly $4 billion. The companies said in a joint statement that the Caesars could offer $3.45 per Will Hill share, which is an 81% premium to the stock’s average price over the past three months. The deal would give Caesars control of their US joint venture. Meanwhile, William Hill says it has a 32% share of revenue in the Nevada sports betting market while rapidly expanding in other states. The American Gaming Association expects nearly 35 million people, or 13%…