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First Iowa Sportsbook to Open Soon
Legal sports betting is on its way to Iowa. Governor Kim Reynolds signed legislation in late April to allow wagering on professional, college, and fantasy sports games in casinos and other licensed retail locations. In fact, Prairie Meadows completed renovations and ready to open the first Iowa sportsbook once lawmakers approve it. The Hawkeye State […]
Bookie Sees Machine Learning as the Key to the Future of Gambling
The gambling industry is changing at a fast rate. With the shift towards mobile gaming, operators try their best to remain competitive. At present, industry experts are looking at machine learning to make gambling operations better. With the increased use of mobile devices, operators faced new obstacles along the way. In fact, it is now […]
Pay Per Head Update: New Hampshire Sports Betting Bill Progresses
New Hampshire House Bill 480 introduced by Representative Timothy Lang got through the House of Representatives. In fact, it got overwhelming support from the members when it got a vote of 269 to 82. New Hampshire sports betting bill is now in the hands of the Senate. This week, the New Hampshire sports betting bill […]
How Does a Bookie Set Odds?
To be the best pay per head bookie, you need to know how to set odds properly. Most sportsbooks operate by betting to a specific margin on various sporting events. For instance, most bookies price up to 107 percent on Premier League matches. However, they only do this when all variables are known. When it […]
What is Bookie Bonus and Free Bet?
In order to attract players, sportsbooks usually offer bookie bonus and free bets. As a bookie, it is important that you know the different types of bonuses you can offer your client base. Also, it is important to know the conditions and restrictions on free bets and bonuses. Creating a bookie bonus can be overwhelming […]
Pay Per Head Bookie News: Tiger Wins, Sportsbooks Lose
Tiger Woods won his fifth green jacket Sunday. It was a feel-good story for the golfer and his fans. However, there are some who can’t be happy for Woods’ career comeback. In fact, sportsbooks lose a lot of money on The Masters. William Hill in Las Vegas had to pay out around $1.2 million to […]
Pay Per Head Bookie News: PA Sports Betting Tax Revenue Down
According to recent gambling news headlines, four out of six states fell short of their tax revenue estimates from sports wagering. However, there remains a bright spot in the industry. Although PA sports betting tax revenue is down, it can still achieve its overall revenue projections. Among the states with legal sports betting, Rhode Island […]
Bookie Laws Best Left to States
If it is up to former New Jersey Governor Chris Christie, states will be able to create their own sports betting and bookie laws. The governor played a vital role in overturning the PASPA. In fact, he is fighting for state-by-state control of legal sports betting. Christie said that the DOJ’s new opinion on the […]
Sports Betting Software and Taxes on March Madness Winnings
It is March Madness once again and you are probably placing bets on some or all the games. However, most people don’t know that they need to pay taxes on March Madness winnings or for all their gambling activities for that matter. As gambling becomes legal across the nation, people should consider the taxes they […]
Mohegan Sun Pocono to Offer Bookie Services
March Madness is just around the corner but sports fans should not expect to find a bookie in Mohegan Sun Pocono. Although the casino announced it will offer sports betting in the future, its officials still don’t know when they will have a sportsbook in Pennsylvania. Mohegan Sun Pocono CEO and President Anthony Carlucci told […]
