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Gamblers to Bet on Fake NBA Games
The National Basketball Association is creating a virtual sports betting game. NBA Last 90 will allow fans to bet on fake NBA games. In addition, the new game will use random highlights from previous games and combine them. Gamblers will bet on the results. NBA Last 90 is the product of the partnership between the […]
DOJ New Wire Act Opinion Overturned by Federal Judge
The DOJ new Wire Act opinion was a move to stop online sports betting in the US. However, a federal judge ruled the measure only bans interstate sports betting. It doesn’t stop states from making the activity legal in their territories. US District Judge Paul Barbadoro from New Hampshire made the decision Monday. As a […]
Illinois Lawmakers Planning an Omnibus Gambling Bill
For a decade, Illinois lawmakers are trying to pass an expansion of casino gambling in the state. With the popularity of sports betting today, they see an opportunity in the horizons. In fact, several lawmakers are planning to come up with an omnibus gambling bill that will make casino expansion part of the bill to […]
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 […]
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 […]