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Washington, D.C., sports betting bill cleared another significant hurdle on Tuesday as councilmembers progressed it with a few changes. Introduced by Ward 2 Councilmember Jack Evans, the Sports Wagering Lottery Amendment Act of 2018 passed by a 10-2 vote. The bill is scheduled for its second reading in two weeks. No switch to multiple operators The bill, B22-0944, passed despite efforts from Councilmember Robert White to alter…
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NEW YORK — MGM Resorts is “offended by the concept” of an integrity fee being included in state sports betting regulations as proposed by the major sports leagues, according to chief executive Jim Murren. Speaking in New York, Murren said proposals for a mandated percentage of turnover to go to the leagues was “disturbing to us.” “I like the word integrity, but I believe we…
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The NBA continues to lead the charge for official data as it relates to the rollout of US sports betting. The pro basketball league announced its “first betting data partnerships in the US” with Sportradar and Genius Sports, according to a release from the NBA on Wednesday. “Sportradar and Genius Sports are proven leaders in data distribution and will deliver unparalleled, real-time official NBA betting…
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The Warriors remain the odds-on favorites to win the 2019 NBA championship The Raptors are off to their best start in franchise history and look poised to reach the Finals The Thunder are emerging as a legitimate threat in the West The NBA season is nearly at its quarter point, and it’s becoming easier than ever to separate the contenders from the pretenders. We…
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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…
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College Basketball Season Tips Off Tuesday Night Seven Teams Are Getting Significant Action in Futures Betting The Two Favorites, Duke and Kentucky, Play on Opening Night The best matchups in college football come around sparingly and almost always make you wait a month or more into the season to arise. College hoops has blue blood rivalries seemingly nightly, with none bigger than preseason favorites…
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Once again, Indiana is acting as the testing ground for a sports body's effort to influence sports betting legislation. Months after the NBA and MLB debuted their proposed framework there, the NCAA is following suit, but rejecting the so-called integrity fee concept. The governing body of college sports submitted testimony during a sports betting hearing conducted last week: The NCAA — in what appears to be…
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The American Gaming Association (AGA) is reporting that the NBA and MLB will get a $1.7 billion revenue increase from legal sports betting. In total, the AGA anticipates legal sports betting will boost profits for the four major pro leagues by $4.2 billion. The AGA bases the forecast on work done by Nielsen Sports. This adds to the figures previously published for the NFL and…
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A new season of basketball in the NBA tips off this week as the Golden State Warriors look to continue their recent domination of the league with four-straight trips to the NBA Finals and three world titles. Next to the NFL, betting on NBA games brings in the second-most action for online sportsbooks. This is a much longer season running all the way into…
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