Virginia has finally passed a sports betting bill which will allow casinos to establish themselves in certain cities with particular requirements. Fees collected through tax dollars will funnel into several support groups established through this bill.
Online gambling company, Bwin, operated by GVC Holdings, recently received a massive fine for allowing self-excluded players to gamble through its NJ online gambling platform. A the NJDGE attempts to crack down on those companies who choose to ignore the laws, they are now dishing out massive fines.
Attorneys General, Gurbir Grewal from New Jersey and Josh Shapiro from Pennsylvania are challenging the DoJ on the recent revisions of the Wire Act. Arguments point to possible lobbyist involvement in the DoJ's decisions. The online gambling industry plays a major role in both states' economies.
Legislation for a Rhode Island online gambling bill is currently awaiting approval from Rhode Island Governor, Gina Raimondo. This bill will allow legal wagering both online and mobile, licensed under the Twin River casinos.
A West Virginia igaming bill is currently awaiting approval from Governor Jim Justice. This bill will allow legal, regulated online gambling in the state of West Virginia. The West Virginia igaming bill discusses licenses, taxes, games, and venues all pertaining to new online gambling legislation.
Fourteen states have recently come together in a joint effort to defend the online gambling industry which is currently being threatened by DoJ revisions on the federal Wire Act. The NJ online gambling industry, in particular, is one that could suffer immensely from these revisions.
Investors squirm in uncertainty after directors of GVC both sell a massive amount of shares in the company. This sell-off happened immediately after the company's full-year results were announced. Although the directors claim their commitment, GVC investors are still unsure.
Pennsylvania's mega-casino Parx moves online to maintain their profits while the Pennsylvania online gambling market readjusts itself amidst confusion about online gambling legislature.
Greek betting and gaming solutions provider, Intralot, is taking on the sports betting contract in order to operate sports betting in the Nation's capital. Operating on behalf of the DC Lottery means that Intralot will be providing the only mobile sports betting app in the District of Columbia.
Record growth in revenue is proving Atlantic City's best online gambling sites successful. The NJ online gambling market has been seeing spikes in revenue growth over the past several years. Now with the introduction of sports betting, sportsbook partnerships are pulling in even more revenue.
NJ sports betting players are gaining a reputation for being heavy risk takers. New sports betting product from Australian-based, PointsBet, gives sports betting customers in America a modern sports betting experience. Punters in New Jersey are proving to bet higher and put more on the line.
The Sports Wagering Lottery Amendment Act of 2018 recently passed through Washington, DC Council, allowing legal sports betting into the nation's capital. As the bill develops, regulators will grant sports betting licenses to certain legal sports betting establishments in order to regulate it.
Bet.Works recently appointed Quinton Singleton as their new COO. Singleton has had over 12 years of experience working in the US online gambling market with both operators and suppliers. As an expert in the field, Singleton already has plans for Bet.Works and future developments.
Montreal Canadiens' player Paul Byron was recently suspended from the next three NHL games as a result of an illegal charge at Florida Panthers' MacKenzie Weegar in the recent NHL match at Montreal's Bell Center.
The Patriots and the Chiefs prepare for one of the coldest NFL games to date, on Sunday at the Arrowhead Stadium in Kansas City. However, the forecast this NFL season doesn't seem to phase NFL coaches of either team.
The NFL is after legal sports betting revenue and is chasing Congress to set up a federal regulatory framework to govern NFL sports betting. However, the AGA is not so keen to get involved, claiming they support state regulation.
The reevaluation of the Wire Act has brought confusion into the U.S. online gambling industry as possible payment risks are drawn to attention. Intrastate payment transactions don't seem likely and online gambling companies scramble to find solutions to the new prospective regulations.
DraftKings is moving in on the NJ online gambling space with the launch of its live casino online with help from Evolution Gaming. DraftKings is working towards being a true one-stop shop for online gambling enthusiasts.
Illegal sports betting was recently allowed in Atlantic City casinos, resulting in hefty fines for NJ sports betting giants - Golden Nugget Atlantic City and Caesars Atlantic City. NJ sports betting is proving successful and these Atlantic City casinos are quickly learning to stay in line.
Current changes in the NJ online gaming market are drawing more attention to Atlantic City casinos along with other NJ online casinos. Online gaming and sports betting revenue are driving uphill on a steep increase and the NJ online market is looking more and more promising.
Sports betting is expected to win over the state of New York. Governor Cuomo is in full support of legal sports betting, therefore actions are underway to legalize online gambling in the Empire State. Once online gambling is legal, casinos can begin launching online sports betting sites as well.
As The Pennsylvania Gaming Control Board waves ahead two gaming businesses, gambling enthusiasts are now enjoying legal sports betting and regulated online casino games within the state. Massive online slots libraries and competitive rewards programs boost these new online gambling operations.
The Boston Celtics' poor turnout against Orlando Magic led Kyrie Irving to face challenges of being a leader. After public criticism toward his teammates, he reached out to LeBron James for advice. Kyrie Irving told NBC Sports that he fully accepts responsibility of his role as Celtics team leader.
The Federal Wire Act has recently been changed by the DOJ, now presenting the law as a restriction on all forms of online gambling. Prior to these amendments, the Wire Act restricted only sports betting by means of wire communications. Now the law pertains to all forms of online gambling.
The NFL has been looking at the potential for an exponential increase in sports betting revenue since the repeal of PASPA. NFL gains from legal sports betting are now in the billions. The breakdown points to factors such as increased consumption and engagement.