This Week in Gambling

Borgata online sports betting is up and running after the launch of its own sports book. The site will complement the company’s casino and poker offers. The Borgata President & Chief Operating Officer Marcus Glover recently said “We are excited to launch BorgataSports.com. With our customers in mind, we have delivered the ability for existing BorgataCasino.com and BorgataPoker.com account holders to use their current credentials to sign in and access all platforms, allowing for a seamless transition between products.” Borgata now allows customers to enjoy the full portfolio of betting products online, including on mobile devices and tablets. The company…

The state of Iowa regulates sports betting after Governor Kim Reynolds signed proposed legislation on Monday which authorizes gambling on college and professional sports. Lawmakers had approved the bill on April 22, and the proposed law was only awaiting the governor’s signature to become effective. There are now eight states in addition to Nevada that have introduced full-scale legalized sports gambling and opened sports books ever since the United States Supreme Court voted in May 2018 to allow states to pass their own laws either allowing or prohibiting betting on professional and college sports. Iowa’s legislation allows residents 21 years…

The state of New Jersey has sued the U.S. Department of Justice over their recent reversal of opinion on the Federal Wire Act. The suit revolves around the states Freedom of Information Act request for documents related to Sheldon Adelson’s involvement in their decision. Also, we cover industry news from Indiana, Colorado and Fox Sports!   Hello friends, and thanks for joining me on another edition of it This Week in Gambling! We’ve got a show cram packed with all sorts of gaming headlines, including stories from Colorado and Indiana… but first it’s this week’s big story! Nearly two months…

The bill that will regulate Colorado sports betting has passed through the state Senate and will sits on the desk of Governor Jared Polis. The bipartisan measure, will decriminalize gambling on sports as of May 1, 2020, if signed, and become a ballot measure in Colorado in November. The vote will give citizens the final say in whether the activity is legalized or not. Citizens of the state get the last say on this issue due to Colorado’s legal landscape which includes a Taypayer Bill of Rights. This requires that citizens must approve any tax increase. The state would tax…

Fox Sports is launching Fox Bet, and has become the first major American sports network to make a move into gambling. The purchase of a 5% stake in The Stars Group – the parent company of PokerStars – will allow Fox Sports to acquire half of the group’s US business after a decade. It marks the first time a major US broadcaster has moved directly into gambling, with the restrictive regulations previously hindering any potential tie-ups. Now the broadcaster looks to be buying into gambling and will likely use its network and sports content to cross-promote gambling across its properties….

Indiana sports betting will become legal under a bill signed by the governor this week. That bill also approves the construction of two new land based casinos in the state. Republican Eric Holcomb signed off on the legislation in the final hours left to act, after lawmakers reached a deal just before the close of this year’s state legislative session. So far 2019 has been good for sports betting reform, as Indiana joins Montana and Tennessee in moving to legalize the activity. Six other states moved quickly last year following a U.S. Supreme Court decision opened the door for regulation….