Gambling and Sports Betting News Wire - June 13 2019

Written by:
C Costigan
Published on:

Here are today's headlines in the world of gambling and sports betting as they happen - Thursday June 13, 2019.

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What Happened to Your Bet With Suspension - Cardinals-Mets


BetOnline Access Issues on Firefox

10:31 pm ET - Throughout the late afternoon and evening hours there are reports that folks cannot access the BetOnline website or its lines via the Firefox browser.  BetOnline has been accessible via Google Chrome.  The company is working on maintainance issues and should be resolved shortly but you should be able to access via Google Chrome including the lines.  Mobile on iPhone was available. This appears to be primarily an issue with the Firefox browser.

Bitcoin Shoots Above $8300, Litecoin Up 360% This Year

6:20 pm ET - Bitcoin has been on fire Thursday, climbing to $8329 and possibly higher.  This represented an almost 2% rise.  Up to 80% of funds in and out of online gambling sites focused on so-called "restricted" markets, including the USA, have been via Bitcoin and other cryptocurrencies.

Then there is Litecoin, a cryptocurrency Bloomberg reports is the best performing so far this year.

From Bloomberg:

The rally can partly be attributed to Litecoin’s upcoming halving (also known as halvening), whereby the number of coins awarded to so-called miners is slashed by 50%. The idea is that a cut in supply will not only drive up its price but will also prevent an erosion of value. Miners currently receive 25 new Litecoins per block, but following the halving -- which is expected to fall on Aug. 6 -- they will receive 12.5. Read More Here

Where the Action is in Game 6

6:11 pm ET - David Payne Purdum of ESPN tweetd:

Raptors (-106) at Warriors -2.5 (-115): 53 percent of spread bets are on the Raptors; 57 percent of the money on the point spread is on the Warriors @DKSportsbook.

Raptors at Warriors (-2.5, 212.5): 56.6 percent of spread bets, 65.3 percent of the spread money is on Toronto @CaesarsPalace sportsbooks.

99.9% of Action on This Bet in Game 6 of NBA Finals

6:06 pm ET - The guys @DKSportsbook says that 99.9% of the money they’ve taken on Klay Thompson’s total points tonight (23.5) is on the over.

Delayed Start Likely With Blue Jays-Orioles Game

1:55 pm ET - Storms should clear out by the first or second inning of this game.  For sports bettors this means the game will be played and all bets action. 

Blues Boost Books Margins

12:06 pm ET - Dave Mason of BetOnline revealed ahead of last night's Game 7 of the Stanley Cups Finals and Blues victory.  The house was rooting for the Blues bigly.  FUTURES Both a big loss :( SERIES ODDS Blues big win Bruins bigger loss GM 7 ML Blues small win Bruins smaller win.

Colorado Casinos Took in Record Combined Revenue in 2018 

9:51 am ET - DENVER (AP) – Colorado casinos saw an increase in combined 2018 revenue that set a record for the state.

The Denver Post reports that casinos in Black Hawk, Central City and Cripple Creek reaped combined revenue of $842.1 million last year.

The American Gaming Association says the figure is a 1.7% increase over the state’s $828 million take in 2017 and a nearly 13% increase over 2014.

The association’s 2019 edition of its “State of the States” roundup found 12 of 24 states with legalized commercial gambling enjoyed record revenues last year.

The association says the industry brought in an all-time national high of $41.7 billion in 2018, a 3.5% increase over 2017.

Officials say Colorado still lacks legal sports betting, which contributed significantly to the national increase.

John Gorsuch Wins 2019 MIllionaire Maker for $1,344,930

9:33 am ET - “I started a company and got over 100 people $15-million in revenue and this is still the biggest day of my life. Not only that, all my friends that I’ve played with, this is for all them too.”

He got close to winning a bracelet once before. He finished fifth in 2017 in the $3,000 6-Max. He entered today with $452,021 in tournament winnings, without ever booking an official tournament win.

Final table payouts: (Click here for a list of the full results)

1) John Gorsuch ($1,344,930)
2) Kazuki Ikeuchi ($830,783)
3) Lokesh Garg ($619,017)
4) Vincas Tamasaukas ($464,375)
5) Joshua Thibodaux ($350,758)
6) Cory Albertson ($266,771)

Read More Here

Our Free Picks Record June 13

2019 MLB Record: 16-9-2 (64%) - 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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Borgata to Reopen July 26

Borgata to Reopen July 26

The Borgata casino will reopen on July 26, the last of Atlantic City's nine gambling resorts to resume operating amid the coronavirus outbreak. The casino will host an invitation-only "soft opening" starting July 23, Borgata officials told The Associated Press, and will open its doors to everyone three days later.

Finding Pay Per Head Service Providers

Finding Pay Per Head Service Providers

Finding a top notch pay per head service provider is the most important step you can make as a bookie. There are hundreds of them out there in cyberland and the choices can be a bit overwhelming if not intimidating. There are a few basic laws of the land that you need to know before choosing a pay per head to manage your business. We don’t want to tell you who to choose, rather what you should look for before you make the choice.

 The Hottest Online Business of 2020

The Hottest Online Business of 2020

The Covid-19 pandemic has hit the world hard and sports betting was no exception, it made sports fans nightmares come true, a world without sports unless you are into Esports… at least for a while. We must admit, we lived uncertain and scary times, because for a moment, we saw our idols, our dynasties, disappear into a world we had never even imagined before. 

NJ June Gambling Revenue Down 65.6% Amid Virus Closure

NJ June Gambling Revenue Down 65.6% Amid Virus Closure

The final month of coronavirus-mandated closures for New Jersey’s casinos and racetracks was predictably bad.

Colorado Sports Betting Revenues Hit $946,741, Even With Few Sports

Colorado Sports Betting Revenues Hit $946,741, Even With Few Sports

May was a banner month for sports betting in Colorado.  It was the first full month of this offering after voters narrowly leaned in favor of the activity last November.