Tuesday, June 29, 2021

Ohio Sports Betting Bill Pushed Back to Fall

 

Lawmakers introduced the Ohio sports betting bill on May 6. Senator Niraj Antani stated they could get something done by June 30. However, it was all wishful thinking. Bob Cupp, Speaker of the House, stopped the proceedings and held hearings on sports betting. 


Cupp doesn’t want to rush things. But, according to sportsbook pay per head reports, he wants to create a committee first to tackle sports betting. It came after the Senate held committee hearings on the topic for more than three months. 


According to online bookie software experts, lawmakers made changes to the bill to win more supporters. The bill added more licenses in various counties. As a result, racinos and casinos can get into the action. 

Thursday, May 27, 2021

California Voters to Decide Legalization of Sports Betting


California voters would have the option to wager on Lakers, Dodgers, and Rams games at tribal casinos and horse tracks under an effort approved Thursday. The sports betting measure will be on the November 2022 ballot. Also, pay per head reviews anticipate a costly fight with barred poker clubs over who should profit from the potential billion-dollar market. 

The sacred alteration to permit sports wagering was composed of Native American clans that showed their political might in 2008 when they spent $115 million to win the endorsement of four measures in the ballots that allowed gambling expansion given to them the previous year. 

On the opposite side, card clubs excluded from sports wagering are preparing to counter the ballot measure. Also, they alluded to the measure as an endeavor to monopolize the gaming business. The mission council called "No on the Gambling Power Grab" revealed raising more than $1 million in 2020. 

California Voters to Decide on Sports Betting

California is slow off the mark. Three years after the U.S. High Court eliminated legitimate obstructions to states permitting sports wagering, betting on football, baseball, b-ball, and different games has been authorized in 26 states, including New York, New Jersey, Michigan, and Oregon. In November, it was endorsed in Louisiana, Maryland, and South Dakota. 

Friday, May 7, 2021

What is Over/Under in Sports Wagering


When betting on sports, the most common types of wagers are spread, moneyline, and total. The last one is also known as over/under in sports betting. You only need to guess how little or how much scoring occurs between the two squads. 

For instance, the sportsbook offers 3.5 over/under for a soccer match. You need to predict scores in soccer betting and wager whether the final total is over or under three goals. For a basketball game, the number for the total might be 150. Sportsbooks might have a total for a baseball game at 9. 

A wager on under means you estimate that there will be less than the sportsbook’s total when you combine the points, runs, or goals of both teams. The opposite is for over, in which you think that the combined points, runs, or goals would be more than the sportsbook’s total. 

Sunday, April 11, 2021

State Budget to Allow NYC Casino


New York voters approved the construction of four casinos within the state. That was eight years ago. At present, New York is turning to casinos to solve its budget deficit problems. Thus, Governor Andrew Cuomo approved a state budget that would allow NYC casino. 

The governor’s budget included a stipulation to conduct a review of constructing a new casino in New York City. It would be the most prominent gambling expansion in the state. Also, the budget includes the legalization of mobile sports betting. It would lead to people wanting to open a bookie website in the state. 

On the downside, sports betting software experts expect the NYC casino to face legal and regulatory challenges. Also, the casino license will be one of the hottest commodities in the state. Las Vegas Sands already showed interest in getting the permit. However, it has many competitors. 

Saturday, March 6, 2021

Verizon Gambles on Sports Betting to Improve Media Business


To challenge Google and Facebook in the digital ad market, Verizon acquired Yahoo and AOL. However, they led to significant losses for the company. Thus, Verizon gambles on sports betting to improve its media business. 

Verizon restructured its media business that includes Yahoo Fantasy League and Yahoo Sports. Also, it is streaming NFL games as it tries to enter the US sports betting market. The company partnered with BetMGM, which has a presence in nine states over the last 18 months. 

According to sportsbook pay per head reports, the push towards sports betting is an attempt to get more value from its 900 million digital services users. It has millions of loyal fantasy sports and sports users that it can attract to stay and wager using the apps. 

Verizon Gambles on Sports Betting

Users who go to Yahoo to check sports content and scores. Also, they join various Yahoo Fantasy Sports Leagues. Verizon wants those users to use the same platform to wager on sports according to the best pay per head bookie

Friday, January 29, 2021

Important Changes in European Gambling Industry

 


Obviously, 2020 was a harsh year for everybody, so it isn't astonishing that the European betting industry experienced numerous disturbances and difficulties. 

Here are the most sensational changes in the European gaming industry that occurred in 2020! 

The Evolution takeover of NetEnt must be depicted as the famous conflict of titans. The most mainstream live club provider finished the $2.3bn obtaining of perhaps the most unmistakable betting programming organizations NetEnt. What should be simply one more consolidation (at any rate for people in general), ended up being a story that hoarded segment inches and set the talk plant going. 

Yet, what will this obtaining mean for the business? All things considered, Evolution shut down the NetEnt live club consequently setting up Evolution Live's predominance in the live betting vertical. Notwithstanding that, NetEnt shows up among the best gambling club games suppliers. 

Changes in European Gambling Industry 

NetEnt keeps on delivering table games and spaces at a similar speed as in the past, and it appears to be the way new proprietors didn't interfere into it yet were basically centered around eliminating their no.1 rival in the business, as Evolution is centered only around live betting. One thing's without a doubt – starting at 2020, players have less live gaming suppliers to look over. 

Tuesday, January 12, 2021

Fox Bet Wants to Get Its Share of Michigan Online Sports Betting


The Michigan online sports betting market will launch this month. Thus, there's a mad scramble among sportsbooks to get a portion of the new market. Among the contenders is Fox Bet. 


Fox Bet wants to capitalize on brand recall to fend off BetMGM, DraftKings, and other competitors. According to sports betting solution reports, Michigan can be one of the most lucrative online gambling markets in the US. 


Before the US Supreme Court overturned the federal ban on sports betting, nobody thought they could legally bet on sports in Michigan. At present, it can be one of the highest-grossing online sports wagering markets in the nation. 


Michigan Online Sports Betting Launch


According to a gambling blog, Fox Sports acquired The Stars Group, which is PokerStars' parent company. After the acquisition, the company created Fox Bet sportsbook. Thus, Fox became the first American media company to have a sports betting platform.