Category: Sports Betting and Fantasy News
Betting on College Sports Could Lead to Scandals
At the heart of the financial tug of war begun between college athletics and the gaming industry is a disagreement: Administrators say betting on college sports will increase the likelihood of scandals on campus. Gaming entities, armed with watchdogs, believe the opposite is true. What happened to Mike Hamrick in Las Vegas didn’t stay in Vegas. It stayed with him. One particular memory from his six years as UNLV’s athletic director — at the nexus of sports and gambling in the United States, with a sportsbook across the street from the football team’s practice facility — resurfaced recently. It was…
Mobile Sports Betting and the States
The impact of mobile sports betting is being considered by many states.Betting on smartphones could increase total U.S. sports gambling revenue by an estimated $9 billion, but some worry about impact on casinos. Now that states are free to craft laws legalizing sports betting, the latest question is whether to enter the potential $9 billion mobile-betting market. Americans legally gambling on this weekend’s World Cup final and other athletic competitions primarily are doing so in person at a limited number of casinos. Increasingly, though, gamblers in other countries are placing wagers from their smartphones. In the U.K., the world’s largest…
Mississippi Sports Betting Stumbles
Mississippi sports betting won’t roll out on schedule. When the state’s month-long waiting period on the newly legal form of gambling expires, Mississippi’s casinos won’t be ready, the gaming commissioner told Reuters in a recent interview. The Gardenia State’s casinos that have applied to offer sports bets are still carving out space in their businesses to build sports bars and working to meet other state requirements before they can be approved, Commissioner Allen Godfrey said. “Right now, the ones wanting to get started are still in the renovation phase,” he said, noting it will likely be another two weeks before…
DraftKings New York Sports Betting Deal
DraftKings New York Sports Betting Deal Ahead is of the Rush New York sports betting has not been passed yet, but companies are already jockeying for position. The latest is daily fantasy sports giant DraftKings Inc. As part of its expansion into traditional sports wagering, the company says it has agreed to operate the sports book at Del Lago Resort & Casino in Waterloo, New York. The agreement also allows DraftKings to a launch state-wide online and mobile app once the laws allow. Sports gambling is expected to be a second act of sorts for daily fantasy companies DraftKings and…
FanDuel Online Casino to Launch in New Jersey
A FanDuel online casino is headed tor New Jersey! The FanDuel Group says it hopes to launch online sports betting and internet betting in the state before the start of football season. The company is mostly owned by Ireland-based Paddy Power Betfair. FanDuel will provide online sports betting with the license of the Meadowlands Racetrack, and internet gambling through its licensing affiliation with Atlantic City’s Golden Nugget casino. GAN and IGT will provide the technology platform for both. Online sports betting ‘go-live’ preparations for FanDuel are well advanced and we remain confident in launching integrated sports betting alongside our existing…
Ohio Sports Betting Bill Debuts
Ohio sports betting could become a reality. Two Ohio State Senators drafted a bill that with one sentence begins what is likely to be a high stakes, high volume debate. “It is the intent of the General Assembly to develop and enact legislation legalizing sports wagering,” the bill reads. With that, Senator John Eklund, who represents part of Geauga County dipped Ohio’s toe in the water of a sports wagering. For it to get green-lit, the Ohio House and Senate would need to approve it — and Ohio voters would need to vote to change the state Constitution. More on…
New Jersey Sports Book Sues US Sports Leagues
Monmouth Park, a New Jersey sports book, is suing US sports leagues for more than $150m (€128m) over their part in the blocking of betting in the state over the last four years. Owners of the racetrack named the National Collegiate Athletic Association and professional sports leagues, including American football’s NFL, basketball’s NBA and Major League Baseball, in court papers issued in May, according to the Philadelphia Inquirer. The New Jersey Thoroughbred Horsemen’s Association Inc claims the organisations “wrongfully” blocked New Jersey sports books from taking wagers since New Jersey attempted to legalise sports betting in 2014. The major sports…
Interstate Sports Betting: Supreme Court May Have Open the Door
Interstate Sports Betting? Betting on sporting events across state lines? The Supreme Court’s sports betting decision in Murphy v. NCAA dramatically altered the landscape for sports betting in the United States by declaring that the Professional and Amateur Sports Protection Act (PASPA) is unconstitutional. As a result of this decision, States are now free to legalize sports betting without any federal interference. With the demise of PASPA, the Wire Act looms as the most important federal law affecting the future of sports betting. In short, the Wire Act prohibits any person or entity engaged in the business of sports betting…






















