Gambling Industry

NCAA Tournament Odds May Favor Home Gambler

- 2 min read

Thousands of college basketball fans will descend on Las Vegas this week for the NCAA Tournament to make bets, but it might actually work out better for those who choose to stay at home. Some of the offshore sites are offering slightly advantageous propositions for online wagering for both who […]

Last year President Obama joined 70 million other people and filled out an NCAA Men’s Basketball Tournament Bracket. He chose Kansas, who lost to eventual champion Villanova in the Elite Eight. (Image: Official White House Photo by Chuck Kennedy)

Betting Frenzy at Sportsbooks for NCAA Basketball’s March Madness

- 2 min read

It is almost time for amateur bracketologists to print out their sheets and decide who is going to win this year’s NCAA Basketball Tournament. Oddsmakers are more than happy to help and are also ready to tempt gamblers with some traditional and unusual betting propositions. How fanatical is March Madness? […]

Kurt Busch’s Daytona 500 Victory Win for Sportsbooks

- 2 min read

Other than his wife, the only people rooting harder for Kurt Busch to win last weekend’s Daytona 500 were those in charge of Las Vegas Sportsbooks. The Sin City resident was previously winless at the opening race of the NASCAR season and opened as a 20-1 longshot. His numbers went […]

New Jersey Online Gambling Surge May Revive Struggling Atlantic City

- 2 min read

Could online gambling actually be good for Atlantic City? A new study suggests that there is a correlation between the two. According to gaming industry research firm Eilers & Krejcik, Internet revenue in New Jersey jumped 32 percent in 2016. But what was more surprising was that money spent in […]

Pete Rose, who was banned from Major League Baseball in 1989 for betting on the sport while he was a manager was interviewed on a recent television show and said he continues to wager legally on sports. (image: Chicago Tribune)

Pete Rose Still Hitting Out on Sports Betting

- 2 min read

Pete Rose, baseball’s all time hits leader, is still swinging when it comes to the subject of sports gambling, defending his wagering on everything from baseball to horse racing. Nicknamed “Charlie Hustle,” the former professional player said on Joe Buck’s television show, Undeniable. that he only makes lawful bets and […]

MLB Commissioner Rob Manfred said in an interview Wednesday that he is opening to revisit the topic of gambling and believes sports betting should be regulated.

MLB Commissioner Rethinking Stance on Gambling

- 2 min read

Could Major League Baseball (MLB) be changing its mind on gambling? Commissioner Rob Manfred hinted to Yahoo Finance that the sport might be softening its stance. The head of the sport talked about fans involvement in the games and how they wager. The rules on betting were set in place […]

Nevada Sportsbooks Lose Big on Super Bowl LI to Offshore Sites

- 3 min read

Nevada sportsbooks have been taking bets on Super Bowl LI for nearly a year, but the action has heated up in the Mojave Desert since the teams competing in the big game were settled two Sundays ago. The New England Patriots remain a three-point favorite over the Atlanta Falcons at […]

Las Vegas Raiders Plan Punted by Casino Billionaire Sheldon Adelson

- 3 min read

The Las Vegas Raiders are short $650 million after billionaire Sheldon Adelson announced he was withdrawing his financial commitment to the stadium project near the famed Strip. Mark Davis, the owner of the storied NFL franchise that he inherited from his father, is trying to relocate the team to Sin […]

Online Sportsbooks Serving Super Bowl Smorgasbord of Spreads

- 3 min read

Online sportsbooks are doing what they do best: trying to capitalize in anyway they can off the United States’ biggest annual sporting event. Super Bowl LI goes down February 5 between the New England Patriots and Atlanta Falcons in Houston, Texas, at 6:30 pm ET. The AFC Champions are the […]

Online and Las Vegas sportsbooks put Tiger Woods odds of winning his first PGA Tour event in 17 months at 22/1. (Image: Golf Channel)

Tiger Woods Odds Show Vegas Still Believes in the Golfing Great

- 2 min read

Tiger Woods odds on his first official PGA Tour event in 17 months show the continued belief Las Vegas sports bettors have in the golfing great. The Farmers Insurance Open comes with the most competitive field of the young 2017 season, but that isn’t stopping many from taking a rusty […]

NFL Odds Favor Patriots and Falcons, Raiders File Relocation Paperwork

- 3 min read

NFL odds in Las Vegas have the New England Patriots and Atlanta Falcons favored to win their respective conference championships this Sunday. But the spreads aren’t large, meaning the bookmaking experts in Nevada believe the weekend’s final games before Super Bowl LI will be close contests. The casinos are due, […]

US Attorney General Nominee Jeff Sessions Says Online Gambling Review Possible

- 3 min read

Alabama Senator Jeff Sessions (R) is likely going to become the next United States attorney general, and that might not bode well for online gambling advocates. Appointed by President-elect Donald Trump, Sessions was on Capitol Hill this week for his confirmation hearing. His Republican colleagues congratulated him, while his Democratic […]

Bitcoin Exchange Operator Pleads Guilty to Federal Money Laundering Laws

- 3 min read

A former Bitcoin exchange operator is pleading guilty to federal charges of money laundering in the Southern District of New York. Anthony Murgio admitted to processing more than $10 million in illegal Bitcoin transactions through the Coin.mx website between 2013 and July of 2015. Bitcoin is a digitally encrypted currency that […]

Oakland Raiders Lose Quarterbacks, Las Vegas Odds Increase

- 2 min read

The Oakland Raiders odds are plummeting after the squad lost its star quarterback Derek Carr during the team’s week 16 win over the Indianapolis Colts. The Bay Area franchise is now listed at +6600 to win Super Bowl 51 at online site Bovada, the worst odds of any team in […]

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