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Gambling and Sports Betting News Wire - August 12, 2019

Written by:
C Costigan
Published on:
Aug/12/2019

Here are today's headlines in the world of gambling and sports betting as they happen - Monday August 12, 2019.


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Over $1bn Wagered With William Hill in the First Half of 2019

William Hill net revenue for the last six months ending 2 July 2019, amounted to £811.7m ($985m), up by 1% from the £802.9m generated the year prior.

In the US, William Hill’s Nevada operations generated £38.5m in revenue, up 4% on 2018’s revenue. William Hill’s wider US operations outside of Nevada generated £14.5m in revenue, up from £900,000.

Operating expenses in the US also saw an increase, from £495.4m to £547.9m.

NFL Delves Deeper Into Sports Betting

Bloomberg News reports that the NFL has signed a multiyear partnership with data firm Sportradar AG. Under the agreement, Sportradar has exclusive rights to distribute official NFL data to legal sports-betting operators in the U.S. and abroad.  They have previously worked with Sportradar non-gambling data since 2015.

“It’s a new world and it’s a new day as far as the legalized sports-gambling landscape,” commented Hans Schroeder, the NFL’s chief operating officer. “Our view is, let’s be right. When we actually go to market, we don’t want to worry about being first, we want to be right.”

This deal allows Sportradar the ability to package data for gambling operators.

Under the deal, Sportradar will also help monitor betting activity on NFL games as well.

From Bloomberg News:

Overall, Schroeder said the deal will help the league better serve its fans, who use its data for everything from fantasy sports to gambling, research to live viewing.

“Whether the market is big, small or somewhere in between, that doesn’t matter to us,” Schroeder said. “What matters is making sure that we’re delivering a feed and data that is consistent and best-in-class.”

Our Free Picks Record August 12

2019 MLB Record: 23-13-2 (63.8%) - 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%)

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Credit Card Firm Linked to Online Gambling Raided

Credit Card Firm Linked to Online Gambling Raided

Over 100 officers stormed the office of 51 Credit Card Inc Monday.  The company is involved in processing credit card payments for online gambling sites across the globe.

Billy Walters Loses His Appeal

Billy Walters Loses His Appeal

The most successful sports bettor of our time, Billy Walters, has been denied his appeal to re-consider his five-year prison sentence.

Why Attempts to Legalize Sports Betting in California Will LIkely Prove to be a Bust

Why Attempts to Legalize Sports Betting in California Will LIkely Prove to be a Bust

Legalized sports betting in the USA's most populous state of California we know will not be happening any time soon, and there is a very good chance we won't see it in this lifetime either (or at least for another generation).

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