A bipartisan group of lawmakers have announced a proposed deal for Connecticut sports betting via tribal gaming that would include wagers on mobile apps and internet gambling. However, Goverson Ned Lamont was not involved in the legislative process and said the plan has numerous shortcomings. Also, the Chief Executive Officer of Sportech, the operator of off-track betting in Connecticut, said a provision giving exclusive authority to the Mohegan Sun and Foxwoods Resort casinos for sports wagering could invite a lawsuit. The prospect of a lawsuit hovers over any deal between the state and the Mohegans, who operate the Mohegan Sun,…

State lottery officials have announced the Oregon sports betting launch for residents of legal age. They will be allowed to place bets by the time the NFL season kicks off in early September. Wagers will also be accepted on NBA, MLS, and MLB games, as well as NASCAR races. Geo-location services will be used to ensure Oregon Lottery Scoreboard play occurs within state boundaries and not on Tribal lands, complying with state regulations. Options for gambling will include single-game wagers, parlay and live in-game betting. Testing is currently underway for placing wagers on mobile apps and a desktop interface.You can…

In an interview at Greg Hill Show Monday morning, the Governor discussed legalizing Massachusetts sports betting. After sharing that the legislative process is taking longer than he had hoped, Governor Charlie Baker said: “I certainly hope we get this done by the end of… June of 2020, but I would like to have seen it done sooner to tell you the truth.” Baker then dealt with the importance of legalizing this practice to avoid the need of going over state lines to bet on sporting events. “That is a really good point,” Baker said. “There’s several others in the Northeast…

Iowa sports betting will soon be live at 18 of Iowa’s 19 land based casinos, with at least 15 of them having mobile apps! The Iowa Racing and Gaming Commission met Tuesday to approve a final set of rules and regulations for sports wagering and approve license applications made by state-regulated casinos.  The rules allow for bets on professional, collegiate and international sporting events. The new law will take effect August 15th and also legalizes fantasy sports contests and internet fantasy sports betting, but delays betting based on college sporting event statistics until next May. Not every casino will start…

Governor Ricardo Rosselló signed on July 29 the Betting Committee Act , which means Puerto Rico legalizes sports betting, according to the official press release. The industry is estimated to reach more than $3 billion by 2023. “By signing this law, we are getting ready to witness the potential it provides to transform Puerto Rico into a vanguard jurisdiction while benefiting the local economy. With this legislation, the island will be able to market itself nationally and internationally as an attractive destination for sports betting events,” the governor said via press release. In addition to sports betting, the law authorizes…

Ever since the 2018 U.S. Supreme Court decision overturning the Professional and Amateur Sports Protection Act, the federal law restricting sports gambling to four states, legal sports betting has spread like wildfire. Now a potential battle for Oklahoma sports betting is playing out between the Governor and the state’s tribal gaming interests. At the recent Oklahoma Indian Gaming Association convention at the Cox Business Center no fewer than four sessions have been devoted to sports gaming… that’s more than any other topic. The sessions are sponsored by United Kingdom-based Sports Betting Community, a “news, media and events company” that promotes…

The Major League Baseball deal with DraftKings is the latest major sponsorship for the DFS operator. Moving forward, the company will be the league’s official gaming partner. Despite initial opposition, MLB has been actively involved with gaming companies, including a partnership with MGM Resorts International signed at the end of 2018. DraftKings remains the largest fantasy betting companies in the United States, with properties in New Jersey and Mississippi, and another offer coming up in West Virginia. As a result of the partnership, DraftKings will be allowed to use league data and leverage the brand’s power by using the MLB’s…

Sports Betting with Cryptocurrencies – The global sports betting market is expected to be fragmented, owing to huge number of players operating in the market on a regional and global scale. The players including GVC Holding PLC, Paddy Power Betfair PLC, Bet 365 Group Ltd, The Star Group, and William Hill PLC, accounting for around 25-30% share globally, lead the sports betting market. The important factors boosting the growing share of the market involve in-house product development, mergers and acquisitions, and new innovations. For example, Paddy Power collaborated with Betfair, in 2016, to launch Paddy Power Betfair, and took over…