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Gambling and Sports Betting News January 2, 2020: Climate Change Now Affecting Casinos?

Written by:
C Costigan
Published on:
Jan/02/2020

Here are today's headlines in the world of gambling and sports betting as they happen - Thursday January 2, 2020.


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Climate Change Affecting Casinos

The Reef Casino in Australia is telling shareholders its insurance bill is increasing by around 60% between 2019 and 2020, due to climate change.   

The insurance carrier has bumped its policy bill from AU$487,000 (US$340,000) to $1.3 million ($909,740) citing an increased risk in natural disasters and climate change.

The previous amount was already 10% of the company’s net profit, and the increase was necessary due to “challenging market conditions in the insurance industry.” It is also looking at increased limits on claims it can make for damages that occur as a result of floods, tidal waves and cyclones.

Read More Here

Our Free Picks Record as of January 2

2019 NFL Record: 3-10 (0%)

2019 College Football Record: 4-2 (66.6%)

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%)

January 2020

December 2019

November 2019

October 2019

September 2019

August 2019

- Aaron Goldstein, Gambling911.com

Gambling News

The Coronavirus Could Lead More States To OK Sports Betting And Internet Gambling

The Coronavirus Could Lead More States To OK Sports Betting And Internet Gambling

The coronavirus pandemic could lead to a quicker expansion of sports betting and internet gambling in the U.S. as states deal with huge budget deficits and look for new tax revenue wherever they can find it. 

Is Draftkings Sportsbook Legal From Louisiana?

Is Draftkings Sportsbook Legal From Louisiana?

Draftkings does not accept customers from the great state of Louisiana.  A number of other top online sportsbooks are accessible from the state, including Jazz Sports, which is offering a generous welcome bonus with a maximum of $1000.

California, Ohio, Louisiana Sports Betting in Play, Plaza Hotel & Casino Set to Reopen

California, Ohio, Louisiana Sports Betting in Play, Plaza Hotel & Casino Set to Reopen

The likelihood of mobile sports betting coming to California is not very good but land-based tribal casinos could offer in-person wagering at some point.

Man Charged in Scheme That Used Bitcoin to Buy Personal Data

Man Charged in Scheme That Used Bitcoin to Buy Personal Data

A New Hampshire man has been charged in a fraud scheme that involved using Bitcoin to buy stolen personal data belonging to people across the country, officials said. 

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