One of the stickiest issues in the move towards regulated sports betting in the United States is the integrity fee demanded by professional sports leagues. These requested fees, which range anywhere from one to two percent of the handle but have varied from state to state, would supposedly help the leagues prevent sports betting from…
Will regulated sports betting turn televised sports in the United States into a hellscape of sportsbook advertisements that would put Australia to shame? If CBS CEO Les Moonves has his way the answer to that question is a resounding, "yes." The top dog at the major American TV network embraced the prospect of increased revenue…
MGM Resorts is partnering with GVC Holdings on a deal to offer sports betting services to its American players both at land-based casinos and via online gambling platforms. The new joint venture is a 50-50 deal that's already earned the blessings of Wall Street as GVC stock prices soared to record prices on word of…
West Virginia, one of the most conservative states in the entire United States, is on board to be the latest state to offer regulated sports betting to its citizens. State lawmakers approved the action in May and casinos and regulators are working full bore to insure that the whole operation is up and running before…
University of Michigan football coach Jim Harbaugh offered up some advice at a recent media day for any of his players who are thinking about getting involved with gambling. His thought is that those players should, "...avoid it like the plague." Harbaugh is right to get ahead of the issue of gambling and college athletics,…
The once dreary and dead casinos of Atlantic City are teeming with life as New Jersey gaming operators rush to get their sports betting operations online before the start of American football season. It's a frenzy of activity that's going to include a tremendous amount of software testing, the building of actual sportsbooks, and plenty…
Nine of Pennsylvania's 13 licensed casinos have filed applications to receive online gambling licenses ahead of the deadline to receive a discounted application price. It's a good sign that the Keystone State's embryonic online gambling industry could grow into something really massive once it's up and running. According to a report from the Associated Press,…
Pennsylvania gambling operators and casino owners are up in arms over the state's new ilottery games, which are actually run by the State of Pennsylvania. They say that the new games are not only unlawful, they represent unfair competition from the folks who wrote the state's over-the-top online gambling rules and regulations. At issue is…
Regulated sports betting cannot come soon enough for the casinos in Atlantic City, New Jersey. For the month of May 2018, the boardwalk casinos reported that revenue was down a full five percent of the previous year. In fact, if it weren't for internet gambling, Atlantic City would have almost no good new in its…
New Jersey Assemblyman Ralph Caputo has an excellent, one-word description for the professional sports leagues' demand for an "integrity fee" from states offering regulated sports betting, "disgraceful." And with that, Caputo is calling out the leagues for their seemingly hypocritical stance of fighting against regulated sports betting tooth and nail, but demanding a piece of…
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