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Gambling and Sports Betting News Wire - October 10 2019

Written by:
C Costigan
Published on:
Oct/10/2019

Here are today's headlines in the world of gambling and sports betting as they happen - Thursday October 10, 2019.


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Purdue Bans Campus Bets on Boilermaker Sports

UFC First Gambling Product Creates New Option for Fight Fans

The new product, in conjunction with UFC Event Centre and in partnership with IMG Arena, will take official data from UFC, plus logos, photos and fighter bios, and create a full suite of gambling options for betting operators to incorporate into their apps and sportsbooks.

The product will feature more than 50 betting opportunities per bout, including 20 new types of wagers updated in real time.

“In-game betting is the fastest-growing part of the sports-gaming industry,” said Lawrence Epstein, UFC’s chief operating officer. “Some of the stuff we’re doing is stuff that hasn’t been done with respect to UFC in the past.”

UFC currently trails other sports in live betting with only 8% of bets placed after the fight has begun compared to 70% in tennis.

The new options will include odds the number of take-down attempts, whether a fighter will get knocked down, total strikes landed, and the amount of time a fighter spends on the mat.

Sportsbooks that want to use the new UFC offering will pay a licensing fee for the software, and a share of gross gaming yield for access to the data, Longe said. Specifics on the share and the fee weren’t provided.

Hefty Fines for LeoVegas

Our Free Picks Record October 10

2019 NFL Record: 2-5 (0%)

2019 College Football Record: 3-1 (75%)

2019 MLB Record: 26-18-2 (59%) - No Plays Over -160

2018-19 College Basketball Record: 12-9 (57.1%)

2018-19 NBA Record: 7-5 (58%)

2018 MLB Record: 45-35 (56.2%)

2018 NBA Record: 12-4-1 (75%)

October 9, 2019

October 8, 2019

October 7, 2019

October 6, 2019

October 5, 2019

October 4, 2019

October 3, 2019

October 2, 2019

October 1, 2019

September 2019

August 2019

Gambling News

Hard Rock, Seminole Gaming Win Corporate Social Responsibility Award

Hard Rock, Seminole Gaming Win Corporate Social Responsibility Award

Hard Rock International and Seminole Gaming have won the Corporate Social Responsibility Award from the National Council on Problem Gambling (NCPG).  The award recognizes the PlayersEdge casino team member training program, which was introduced in December, 2019.  The award was presented at the recent NCPG Digital Symposium and National Awards Ceremony.  In 2014, Seminole Gaming also received the Corporate Social Responsibility Award from NCPG.

PointsBet to Partner With Denver Nuggets, Colorado Avalanche, More

Sports Illustrated Gambling has learned exclusively that PointsBet Sportsbook has entered into a multi-year partnership with Kroenke Sports & Entertainment, LLC ("KSE").

New Gambling Law in the Netherlands Explained

New Gambling Law in the Netherlands Explained

From rumors to reality, the law that would legalize online gambling in the Netherlands is finally enacted by the Dutch parliament. The Remote Gambling Decree was presented to the parliament, along with two different letters filled with answers responding to questions that had earlier been raised at the previous parliamentary debates. The major points of discussion were in regards to extending the cooling-off period by six-months and whether or not to prohibit the advertisement of online gambling services. At the end of the day, the cool-off period was extended and the proposed ban on advertising was denied. 

Are Online Casinos Legal in the Netherlands?

Are Online Casinos Legal in the Netherlands?

The much-anticipated new gambling regulation in the Netherlands is changing the scene of online gambling and the gambling industry as a whole. The ministry overseeing the new gambling regulations has announced that the new legislation would transform the Dutch gambling industry. After several years of lurking in the shadows, online casino and gambling vendors are now free to roam and legally promote games to Dutch players. So yeah, online casinos have now been made legal in the Netherlands, but with a lot of rules and guidelines, enough to stifle the joy of the news. 

When is a Sportsbook is Responsible for Their Faulty Lines, Koepka a Liability

When is a Sportsbook is Responsible for Their Faulty Lines, Koepka a Liability

""At what point does a sports book become responsible for their own errors?"

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