Category: Legal Sports Betting

Arkansas sports betting could soon become a reality after state voters approved a constitutional amendment Tuesday to legalize it. More than 54 percent of Arkansas voters cast ballots favoring the measure. Issue 4 in Arkansas explicitly included sports betting as a legal form of gambling. The measure also approved casino-style gambling at four locations in the state. That would happen via authorization of licenses…

Maryland casinos won $157.96 million last month to mark a new monthly all-time record haul in state gaming history. Maryland casinos won more money last month than ever before. (Image: Los Angeles Times) The bounty marked an 18.6 percent increase on October 2017 when the state's six casinos won $133.23 million. The new monthly record surpassed the previous mark of $156.55 million by about…

The Canadian Gaming Association CGA wants single-game sports betting to be legal in Canada and it wants the NHL’s help to make it happen. The Canadian Gaming Association estimates some $14 billion in Canadian bets are handled by the offshore markets. Legalizing single-game wagering is key to breaking the black market and the NHL can help. (Image: NHL.com) President and CEO of the CGA…

Tracey Crouch, the UK Minister of Sport, has stepped down from her position in protest, citing her government’s “unjustifiable” decision to delay new restrictions on fixed-odds betting terminals (FOBTs). Tracey Crouch has quit as Minister of Sport, accusing her government of bowing to special interests. (Image: Evening Standard) Crouch posted her resignation letter to Prime Minister Theresa May on Twitter, saying that there “is…

That's one thin tightrope Dan Spillane will attempt to walk in executing the NBA sports betting plan in 2019. The league's senior vice president of governance and policy detailed in a Gambling Compliance article ($) how the NBA will simultaneously handle private agreements and public legislation. The NBA plans more deals like its $25 million agreement with MGM Resorts, but also will keep pushing the…

Caesars Entertainment announced Thursday it will be a founding partner of the Las Vegas Stadium, the eventual home of the Las Vegas Raiders. The deal does not appear to include naming rights to the $1.8 billion stadium. Those rights are expected to generate a significant portion of the Raiders' contribution to the stadium cost. “Sports have long been a core part of the Caesars…

A phrase cropping up a lot in public discussions and articles about regulated US sports betting and New Jersey in particular it is, we are “just in the first innings.” That should be borne in mind when reading this article. It looks at just the first two months of sports betting data from the New Jersey Division of Gaming Enforcement. This is a very…

Reports of the death of Nevada sports betting in the new legal US market appear to be greatly exaggerated. Sportsbooks in the Silver State took a record-breaking $571 million in wagers in September. That appears to be the largest total in Nevada history, tracing back to the start of record-keeping in 1984. Nevada sports betting hit its previous high of $565 million in October…

The push to legalize sports betting is sweeping through state capitols as legislatures gear up for next year. Now it has made its way to Virginia where a state lawmaker plans on introducing a sports betting bill next year. “I think there is an appetite for this,” Delegate Marcus Simon told FOX 5 DC. “I think there is certainly a revenue opportunity in Virginia.”…

State Representatives Cole Wist, R-Centennial, and Alec Garnett, D-Denver, want to put Colorado sports betting to a statewide vote in 2019. That likely would mean no sports wagering until 2020. Wist believes that state legal sports betting is an easy decision. He told the Denver Post: “It seems to me it’s a no-brainer. We should have the conversation to see if this is something…