Bet365 Enters US Sports Betting Market

Written by:
Guest
Published on:
Jul/11/2018

One of the top sports betting firms in Europe has announced it will be re-entering the US sports betting market after a more than ten year absense.

Bet365 had allowed sports wagering online from US citizens prior to the passage of the Unlawful Internet Gaming Enforcement Act (UIGEA) in 2006.

Bet365, which is a privately held company out of Stoke-on-Trent, United Kingdom, will partner with the Florida's Seminole Indian tribe to offer sports betting at the new Hard Rock Casino in Atlantic City, New Jersey.

New Jersey is one of only two states that have passed laws allowing sports betting after the US Supreme Court ruled in favor of abolishing previous federal prohibition. 

Other states are expected to follow suit but not until 2019 when the new legislative sessions begin. 

According to a June 25 letter from division Director David Rebuck, made public on Monday, Hard Rock and Bet365 signed a deal on June 19 to offer sports betting. Rebuck approved only part of the agreement - a section called Article 3 - and has yet to act on the full request.

The division has not yet responded to a request made Monday by The Associated Press to make the document public; it typically gives companies 24 hours to ask that portions of their filings be blacked out before being released. The agency then assesses those requests and releases what it determines can be made public under state law.

Hard Rock and Bet365 did not immediately respond to messages seeking comment Tuesday.

- Aaron Goldstein, Gambling911.com

Gambling News

Ontario Makes Arrest in Gangland Murders Tied to Mafia Power Struggle

Police are plotting grim landmarks of a sprawling underworld power struggle between Canadian Mafia clans — murders, bombings and arsons that stretch from suburban Ontario streets to a drainage ditch in Mexico.

FanDuel Agrees to Pay Player Disputed $82000 Following Mounting Pressure, Bad PR

Upon further review, a New Jersey man will get his full $82,000 payout on a disputed $110 sports bet.

House Hearing on Sports Betting Officially Scheduled

Congress is set to examine whether sports betting guidelines will be needed as more states legalize the activity.

Pennsylvania's Ban on Gambling Contributions Struck Down

A federal court judge is striking down a Pennsylvania law that bars casino owners and others with a stake in the gambling industry from donating to political campaigns in the state.

News Flash FanDuel: Most Folks Betting Sports First Time in NJ Don't Understand the Odds

News Flash FanDuel: Most Folks Betting Sports First Time in NJ Don't Understand the Odds

FanDuel is taking heat this week for its refusal to pay out on an $82000 winning wager they claimed was a result of their in-game pricing system malfunctioning. 

Syndicate