Posted on August 18th, 2018
It is fair to say that of all the new states that have allowed sports betting that New Jersey is doing it as ‘close to right’ as possible. They licensed locations that already had wagering offerings (3 of them currently), and they plan on rolling out more locations over time. Also, they’ve allowed these companies […]
Posted on June 14th, 2018
10:30 am EST – This morning – The sportsbook at Monmouth Park in New Jersey opened for business. The sportsbook is being operated by William Hill US (US brand of British based bookmaker). We reached out to them to find out what the first sports bet was but have not received a response yet. However, […]
Posted on June 5th, 2018
As we mentioned would be probable in last week’s article DELAWARE FIRST NEW SPORTS BETTING STATE? , Delaware has indeed opened sports betting at three locations today. The governor of the state was there to place the first legal sports bet. Governor John Carney bet the Phillies (odds somewhere around +190) for $10. [SBA sports betting odds […]
Posted on May 26th, 2018
Most westerners have very little understanding of China. The country is literally on other side of the world and until recently was very closed off from western countries. With the Chinese economy pulling the country in a capitalistic direction, China is compelled to work with western countries more so than ever. That brings me to […]
Posted on May 24th, 2018
After the recent merger of Paddy Power BetFair and fantasy sports company FanDuel, everyone is looking to the other largest supplier of fantasy sports services, DraftKings. They want to know what their big move will be in order to enter the budding sports betting market in the USA. The CEO of DraftKings has recently stated […]
Posted on May 23rd, 2018
The UK bookie giant buys majority share of the Daily Fantasy heavyweight. We have had our eye on this possible merger for a few weeks and first reported it last week. The purchase price is that Paddy Power “will contribute its existing US assets and $158 million in cash.” The cash will be used to […]
Posted on May 16th, 2018
Everyone has heard by now that the Supreme Court of the USA struck down the 1992 PAPSA legislation which forbid sports betting in most of the USA. But now many are asking what’s next. As we have reported over the last year, almost half of the states within the United States are making moves toward […]
Posted on May 15th, 2018
Let me first set the tone for this article by answering the title question with a question: Are offshore banks still viable? Of course they are. They offer services and features that mainland banks simply cannot offer. The same idea applies to sportsbooks. In the wake of the Supreme Court striking down the 1992 PAPSA […]
Posted on May 14th, 2018
This is the question asked by folks who have not been paying much attention to the Supreme Court ruling process. (Supreme Court declared Sports Betting ban unconstitutional Monday, May 14, 2018) Basically, New Jersey started this entire movement and has spent almost $9 million in doing so. The Supreme Court’s decision has been expected to […]
Posted on May 14th, 2018
Today, the Supreme Court announced its decision to strike down the 1992 ban on sports betting saying what many of us have thought all along, that it was unconstitutional. The court favored striking down the PAPSA ban 6-3 and has cleared the way for states to regulate sports betting in their territory. “The legalization of […]