Gambling and Sports Betting News Wire - July 31, 2019

Written by:
C Costigan
Published on:

Here are today's headlines in the world of gambling and sports betting as they happen - Wednesday July 31, 2019.

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Cost to Get a Sportsbook License: Iowa - $45K, Illinois $10 Mil

Mobster Home Where Whitey Bulger Killed Three on Market for $3.5M

From the DailyMail:

    South Boston Home where James 'White' Bulger Jr. killed and buried three people is up for sale at $3.5 million
    Located in City Point, the 5,000 sq ft lot hosts one home and an attached rear apartment
    It was owned by the brother of Pat Nee, a Bulger associate during the murders, and later by another couple
    A suspected informant and an alleged jewel thief were shot in the head and buried there without teeth
    A woman who spoke about Bulger when being busted for drugs was strangled to death and also buried there
    All the killings happened during the 1980s - by 1985 all the bodies were removed before the property was sold
    Bulger was bludgeoned to death in October while serving two life terms in Peston County prison, in Virginia

Read More Here

US Lawmakers Realize They Can't Stop Bitcoin

Bitcoin Price Inching Back Up Towards $10K

After dropping to just over $9100 just a few days ago, the price of Bitcoin appears to be heading back in the right direction.

By Wednesday morning in the Eastern US, Bitcoin had climbed as high as $10248 before falling back down to just under $9800.

Bitcoin is likely set to end its five-month winning streak with prices currently down 9 percent from the monthly opening price of $10,759, according to Bitstamp data, however.

Bitcoin now accounts for over 70% of all funds transfers at many online gambling sites serving restrictive marketplaces. 

Just Two Bets Taken on Knicks Futures

Fansided recently offered realistic expectations for the New York Knicks in 2019-20, keeping in mind they have the 4th longest odds to win the NBA Championship in 2020.

They write:

Going into the offseason, the New York Knicks held the third best odds to win the 2020 NBA Finals because everyone believed they would get at least one top free agent. Going into the offseason Knicks, fans had convinced themselves they would get Zion Williamson, Kyrie Irving, AND Kevin Durant.

In the end, the Knicks got a sum total of ZERO top free agents.

The Knicks did, however, get the third overall pick which gave them Zion's Duke teammate and best friend, RJ Barrett.

And how do sports bettors feel?  Well.....

Our Free Picks Record July 30

2019 MLB Record: 19-13-2 (59.3%) - 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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These Online Casino Trends Set to Take Hold for Remainder of 2020

These Online Casino Trends Set to Take Hold for Remainder of 2020

2020 is the year we all want to escape, unless of course you are an online casino operator, run a virtual meeting platform, or food/grocery delivery app.

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.