Posts tagged ‘Sports Betting industry’

Sports Betting Expected to Make a Roaring Comeback

July 9, 2020

Sports wagering was setting all kinds of records before the economy went belly-up in the wake of Covid-19. There were several factors that went into the records being broken. In this article we will go over some of these factors and also discuss what is to be expected for the remainder of 2020. Why Sports […]

Corona-virus Causing Issues with Sportsbook Payments

March 31, 2020

Many people are panicking during these uncertain times. They have a lot of nervous energy. For some, that means standing in a line, risking getting the corona-virus so that they can buy 36 rolls of toilet paper to add to their toilet paper hoard. Others are cashing out from their financial institutions. This cashing out […]

Sports Betting Industry is Estimated to be Worth More Than $3 Trillion

March 19, 2017

The total value of the worldwide sports betting industry is tough to estimate due to the lack of overall consistency in the ways in which it is regulated in different parts of the world. Estimates on how much the sports betting industry is worth range from $1 trillion to over $3 trillion. It is estimated […]

Sports Betting Bills Introduced in Congress Again

February 6, 2017

A pair of New Jersey congressman introduced new legislation in the U.S. House of Representatives to legalize all sports betting across the U.S. last Wednesday. The new bills in Congress were announced last week by Congressman Frank Pallone and Frank LoBiondo. The two congressmen have presented legislation in the past in attempts to legalize sports […]

Professional Sports Leagues Preparing for Legalization of Sports Betting

February 4, 2015

Adam Silver the NBA commissioner has spoken with other professional sports leagues about the possible legalization of betting on sports. Silver wrote an op-ed column in the New York Time last November advocating legalization of sports betting. The NBA commissioner said he has spoken to commissioners of other leagues but would let them make any […]