The war for US sports betting domination has begun, and with over $150 billion in annual revenue up for grabs the stakes are high. This week the first shots were fired in what is sure to be a long and hard fought battle.   Hello my friends! Thanks so much for streaming another edition of This Week in Gambling, where the battle for sports betting supremacy in America has begun… and that is this week’s big story! Betting on sports is now legal in 22 states and the District of Columbia. Plus, another seven states are currently considering regulating the…

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%…

Football betting news to cover! Week 1 of the NFL season kicked off along with fantasy football leagues and new sports betting opportunities! Also, one company is expanding its Las Vegas presence while making deals to move into online gambling! Finally, we have lost a poker legend.   Hello friends! Thanks for joining me on This Week in Gambling! Jay Todd here back after a week off for my colonoscopy. Well actually, I just got brought back into court by my ex-wife who wanted more child support… but it’s basically the same thing. And here’s this week’s big story. Football…

New American Gaming Association (AGA) research shows sports bettors are moving their business away from illegal bookies and toward legal options. Average spending with illegal bookies fell 25 percent in legal sports betting states last year, while legal online and mobile betting spend increased 12 percent. Illegal offshore operators also saw a three percent increase in states with legal sports betting. The most influential factors for bettors who had shifted from the illegal to legal market are confidence that bets will be paid out (25%), awareness of legal options (20%), and a desire to use a regulated book (19%). “We’ve known…

Sports betting is a hot topic all over America, but several California tribal casinos are not please with the latest attempt to regulate the activity in the state. Now, the Coalition to Authorize Regulated Sports Wagering has taken legal action requesting more time to qualify a sports betting initiative for the statewide ballot. The Coalition represents more than 25 Native American tribes in California. They argue that the state‘s Coronavirus shutdown prevented them from collecting voter signatures in recent months. The coalition originally hoped to make the ballot for November 3rd but said it has run out of time. The…

Whether you were starting your engines, entering the octagon or the tee box, or enjoying an afternoon on the pitch, the past two weeks have been a great time to once again break out the parlay calculator and return to the first big of normalcy in sports betting since the coronavirus began shutting sports down in early March. With the return of NASCAR Cup Series racing – in real-life cars, not a video game – a major UFC card, Bundesliga soccer in Germany and a two made-for-TV golf events, there was much for sports bettors to sink their teeth into, and…