New Jersey sportsbooks did big business in their first partial month of operations, taking in over $16.4 million in bets during June. The first legal sports bets began being accepted at Monmouth Park and the Borgata casino on June 14, with the Ocean Resort Casino in Atlantic City also opening […]
Business and Commerce
No Consensus Across State Lines for Betting on Local College Sports Teams
College football bettors in states now conducting or soon to be offering sports wagering can expect inconsistent regulations across different state lines, particularly as it pertains to putting money on the local collegiate home team. While New Jersey’s legal battle against the NCAA brought the case before the US Supreme […]
Delaware Casinos Take $7 Million in Bets Over First 20 Days with Legal Sportsbooks
Delaware’s sports betting industry is off to a fast start, as the state’s three casinos took more than $7 million in bets from gamblers in the first 20 days of operation for new legal sportsbooks. The figures, which cover the period from June 5 when the state started to allow […]
PGA Tour Wants ‘Royalty’ as Gambling Apps Fuel Golf Betting Boom
PGA Tour Vice President and Assistant General Counsel David Miller last week said his organization has no objection to betting on pro golf events. He sees growth potential for the sport thanks to mobile and online wagering, but also advocates for a “royalty” — as opposed to an “integrity fee” — […]
FanDuel, Greenbrier Partner in West Virginia to Have Live and Online Sports Betting by Fall
Daily fantasy sports operator FanDuel has partnered with the Greenbrier Resort in West Virginia in preparation for legal sports betting in the state later this year. The agreement with Greenbrier calls for FanDuel to provide sports betting services at retail locations as well as online and on mobile platforms, and also suggests new […]
Congressional Sports Betting Hearing Postponed, No Replacement Date Announced
For a few hours on Tuesday night, it appeared as though Congress would be holding a hearing to discuss sports betting on Capitol Hill next week. But those plans were quickly scuttled, as the House Judiciary Committee announced Wednesday morning that the inquiry would be postponed. As of yet, no […]
Monmouth Park Gambled Early on Legalized Sports Betting
Six year ago, long before the nation was weighing in on legalizing sports betting in other states besides Nevada, officials at Monmouth Park and William Hill were making plans to open a sportsbook at the iconic New Jersey racetrack. They turned the cafeteria into a sports bar with the intention […]
NBA and MLB Still Swinging for Sports Betting Integrity Fees, Gambling Industry Balks at Money Grab
So far, Major League Baseball has struck out, and the NBA has shot an air ball. But these pro sports leagues aren’t ready to give up in their efforts to make an “integrity fee” part of future legislation that legalizes sports betting. Delaware and New Jersey, the first two states […]
Sports Betting Hall of Fame Names Three New Inductees
The Sports Betting Hall of Fame will see five new members this year, and three of those inductees have already been confirmed by Sports Betting Community (SBC), the organization that curates the body. The new members will be recognized and inducted during a ceremony at the National History Museum during […]
William Hill Signs First US Sports Sponsorship Deal with Las Vegas Lights Soccer
William Hill has become the first ever official betting partner of a professional sports team in the United States after coming to an agreement with the Las Vegas Lights FC of the United Soccer League (USL). The bookmaker will promote its mobile betting platform at matches played by the second-tier […]
New Jersey Begins Accepting First Legal Sports Bets
New Jersey Gov. Phil Murphy placed two $20 bets at Monmouth Park Racetrack on Thursday morning, officially marking the first legal sports bets taken in the state. The racetrack was one of two venues that started taking bets on Thursday, with the Borgata casino in Atlantic City opening a temporary […]
Wait Over: New Jersey Governor Signs Sports Betting Bill, State Ready to Take Legal Bets
Six days after Delaware became the first state in the country to take advantage of the Supreme Court’s overturning the federal ban on sports betting, New Jersey Gov. Phil Murphy signed a law regulating the activity in the Garden State. New Jersey was the plaintiff in the landmark case that […]
DraftKings Partners with Resorts Casino as New Jersey Sports Betting Market Takes Shape
DraftKings is the leading daily fantasy sports (DFS) company in the United States, a position that seemed to put them in position to be a major player if sports betting were to become legalized across the United States. Now, that potential is beginning to turn into reality, as Resorts Casino […]
Sports Betting in Delaware Casinos to Begin on Tuesday
The race to see which state would be first to offer sports bets after the May Supreme Court ruling that overturned PASPA has been decided, with Delaware keeping true to its nickname. On Thursday, the state known as the First State announced that it will start accepting wagers on single-game outcomes […]
New Jersey Senator: Integrity Fees Amount to Extortion by Sports Leagues
New Jersey Senate President Steve Sweeney (D) took aim at professional sports leagues on Wednesday, penning a letter that said their demands for integrity fees in sports betting legislation is little more than “extortion.” “The Leagues fought with all of their resources to stop states from allowing their citizens to […]
States Racing to Accept Sports Bets After Supreme Court Decision
With the Supreme Court striking down a federal ban on sports betting, some states are scrambling to open sportsbooks in time for the 2018 NFL season, which starts in September. But New Jersey could be ready for this new form of gambling even before then. The American Gaming Association estimates […]
AGA Advocates for States to Control Future Sports Betting Regulation
The American Gaming Association outlined its support for sports betting regulation at the state level in a short letter sent to Congress on Tuesday. The letter, signed by AGA President and CEO Geoff Freeman and addressed to federal policymakers, provided insight on how the AGA wants to see the sports […]
Indian Tribes See Gambling Opportunities, Revenue Potential in Sports Betting
American Indian tribes are embracing the chance to offer their customers a brand new game in the years ahead — sports betting. In a 6-3 ruling, the Supreme Court overturned the federal law that for more than 25 years prevented most states from offering legal wagering on sporting events. The decision […]
Will Canadian Gaming Industry be Hurt by US Sports Betting Decision?
Canadians may still be able to play online poker, but as of this week, they now lag behind their neighbors when it comes to sports betting. And that could make it much tougher for Canada’s gaming industry to stay competitive. On Monday, the Supreme Court overturned a federal law that […]
Gambling News: FOBT Max Bets Slashed to £2 by UK Government
The debate over the future of fixed odds betting terminals in the United Kingdom appears to be over, with government officials determining that the maximum bet on all FOBT machines should be set at just £2 ($2.70). That’s a major departure from the current state of affairs. Right now, FOBT […]