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Gambling and Sports Betting News Wire - December 3, 2019: Is Missouri Ready for Sports Betting

Written by:
C Costigan
Published on:
Dec/02/2019

Here are today's headlines in the world of gambling and sports betting as they happen - Tuesday December 3, 2019.


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Is Missouri Ready for Legalized Sports Betting?

On Monday, a special interim House committee issued a report tackling two big issues related to wagering: “gray machine” video Gambling terminals popping up throughout the state, and sports wagering.

The subject is expected to be tackled early in the year.

The committee says sports betting is “a legitimate opportunity to increase state revenues” but makes no specific recommendations on how precisely it would work.

From the Kansas City Star:

Oversight from the Missouri Gaming Commission, a limited number of in-person betting locations, online and mobile device wagering and a cut of the take for education, as the Missouri Constitution requires.

The state may want to limit in-person sports wagering to existing casinos, which will undoubtedly see less revenue if sports betting is allowed. Less casino revenue could hurt local communities involved in traditional gaming.

Our Free Picks Record as of December 3

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%)

December 2, 2019

December 1, 2019

November 2019

October 2019

September 2019

August 2019

- Aaron Goldstein, Gambling911.com

Gambling News

5Dimes Agrees to Forfeit Over $46.8 Million to Resolve Criminal Probe

5Dimes Agrees to Forfeit Over $46.8 Million to Resolve Criminal Probe

United States Attorney William M. McSwain announced that the internet sports betting company, 5D Holdings Ltd. (operating under the unincorporated brand name, “5Dimes”) and Laura Varela, have agreed to forfeit more than $46.8 million in gambling proceeds as part of a settlement agreement in a criminal investigation into 5Dimes’ sports betting operation based in Costa Rica that allowed American gamblers to place bets, primarily through its website www.5Dimes.eu, in violation of U.S. law. Beginning in at least 2011, 5Dimes accepted wagers from and made payouts to U.S. bettors, and transferred more than $46.8 million in proceeds earned from its illegal gambling activities in such a manner as to attempt to hide the nature, location, source, and control of the funds.

Caesars Threatens Termination in Bid to Acquire William Hill

Caesars Threatens Termination in Bid to Acquire William Hill

Caesars Entertainment on Monday raised the stakes in a bidding war over William Hill. It has entered into advanced negotiations concerning the potential $3.7 billion takeover.

Best Betting Site Features

Best Betting Site Features

The number of different ways to wager on a sports event has changed drastically throughout the past few years. During this period, the internet has taken sports betting to another level, making it insanely popular worldwide.

Books Have Modest Day With Limited One-Sided Action

Books Have Modest Day With Limited One-Sided Action

The liabilities for Week 3 NFL were relatively low all things considered, but Monday Night Football has the potential to be a classic with KC seeing heavy early action.

Tampa Area Bookies: How Are They Faring?

Tampa Area Bookies: How Are They Faring?

Gambling911.com routinely monitors impacts on regional bookies, including those in the Tampa Bay, St. Petersburg area A well-run Pay Per Head will help guide you through any rough times.

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