Business & Financial
Is the Tax Rate in New York Finally Catching Up with Operators?
Online gambling is developing at lightning speed with hundreds of new operators, online casinos, betting sites, and even a greater number of users. It has developed so much it has become one of the most profitable industries, and as a result, the net worth of iGaming in the sector has exploded. It had a revenue of $57.54 billion in 2021, while it's expected to reach $153.6 billion by 2030.
Extinct: Covers Scrubs its Expert Picks Section
Plus Knup Solutions completes acquisition of Coded Content.
These Are Among Most Popular Online Casino Games in the US
Gambling is a popular activity in the United States, especially in states like Nevada. Both games of skill and games of chance are a popular pastime and form of entertainment in homes across the US.
UK Won't Ban Video Game Loot Boxes
Also: Premier League clubs are reportedly set to agree on a voluntary betting shirt sponsor ban.
Are Any of the Poker Training Sites Worth It? Plus Brunson Still Bluffing at 88
Plus Thomas Somach has his "Play of the Century" for Tuesday night's MLB All Star Game (2022) and we look at a story of successful angling that "involves no modeling, no steam-chasing, no inside info".
The Anti-Crypto Letter to US Congress and What it Means
Patrick Thompson of CoinGeek reported Monday that 26 computer scientists, software engineers, and technologists wrote a letter to the U.S. Congress and congressional committees urging them to “take a critical, skeptical approach toward industry claims that crypto-assets are an innovative technology that is unreservedly good.”
Chalkline CEO: Turning a Profit Has Taken Back Seat to Customer Acquisition in Legal Sports Betting Market
Another takeaway from this past week's SBC Summit: By leveraging (Business Intelligence) BI to identify the highest quality acquisition channels, these efforts can be scaled. Increasing the volume at the top of the conversion funnel will result in more quality conversions at the bottom.
What Happened to the Covers.com Sports Handicappers, Picks Experts?
As of Monday July 18, the picks section (along with ways to send money) remained on the site. Larry Ness, Marc Lawrence and Lee Sterling were among those handicappers still listed.
Covers Buys SportsBookReview, Shuts Down Picks Dept: Howe No! FanDuel CEO Stirs Things Up in Epic Fashion
It was utter bedlam following a Q&A at this past week's SBC North America Sports Betting Summit as sports bettors took issue with FanDuel CEO Amy Howe's wild claim that 25% of gamblers betting offshore get stiffed. Our Twitter feed exploded.
But not everyone was on the same page.
SandyBestDog tweeted:
What it Takes to Move Lines in Sports Betting
Professional sports bettor Rob Pizzola sat down with Chris Bennett to discuss managing risk for Circa Sports, perhaps the sharpest linesmakers in the regulated U.S. sports betting market today.
Discover the Hottest Innovations in the 'Casino and iGaming Zone' at SBC Summit Barcelona
With this year's extremely successful SBC North America Sports Betting Summit in the books, it's time to start preparing for their banner event, SBC Summit Barcelona.
MGM Resorts and BetMGM ‘Thrilled’ to Extend Partnership With MLB, But for How Long?
BetMGM announced this week an extension to their existing partnership with Major League Baseball, but the party may not last much longer with calls to crack down on out-of-control advertising and European countries looking to end team and league sports betting sponsorship deals.
Michigan Draws In Massive Tax Revenue from Online Gaming and Sports Betting
Internet gaming, such as Online casinos in Michigan, accounts for $87.2 million of that total sum, with the largest chunk coming from retail tables and slots.
Discover How LTC Sports Betting Sites Work In 2022
The world of sports betting has experienced some profound changes in recent years. With the world advancing towards a more technology-based direction, many sports betting sites seek a better transaction system.
FanDuel CEO Says No Intention of Partnering With Universities
"I don’t want the FanDuel name showing up on a jersey or plastered all over a college stadium,” Howe said. “So, we’re going to tread much more carefully because you’re targeting an audience that is, by definition, a lot of those consumers are underage.”
5 Reasons Why Bitcoin is the Future of Online Betting
Bitcoin remains the world’s most popular and adopted cryptocurrency. BTC uses will continue to rise, which is why we feel it’s safe to say that Bitcoin is the future of online betting.
Professional Sports Bettor Says Offshore Sportsbooks Not as Crooked as Claimed
Gadoon “Spanky” Kryollos speaks out on false claim made by FanDuel CEO during SBC North America Summit
Espanyol's RCDE Stadium to Host Battle of the Titans — SBC Football Championship 2022
Twenty football teams within the betting and gaming industry will hit the pitch graced by the likes of Messi, Ronaldo and Neymar to compete at the fifth SBC Football Championship, as SBC, once again, brings the industry together to battle it out in a 'friendly' football match.
Sports Betting World Furious With CNBC's Contessa Brewer for Failing to Push Back on FanDuel CEO Outrageous Claim
CNBC parent company owns FanDuel
Mattress Mack: "Open Up Those Windows" and Start Welcoming Winners, "Best Form of Advertising"
Beloved furniture mogul and pro gambler Jim “Mattress Mack” McIngvale has to reassure his wife he does not have a gambling addiction.
FanDuel CEO: 25% of Offshore Sports Bettors Don't Get Paid?
Speaking to CNBC's Contessa Brewer as part of Wednesday afternoon's highly anticipated - and packed - discussion on the state of sports betting in the USA, Amy Howe, CEO of FanDuel, was asked why companies like Bovada make it so tough to compete with the legal regulated market.
Internet Gaming Helped to Protect New Jersey Industry Earlier Than SCOTUS Decision
David L Rebuck, Director of the NJ Department of Gaming Enforcement (NJDGE), Said Tuesday at this week's SBC Summit North America in the Meadowlands that he has long embraced online gambling since the activity legalized in the Garden State back in 2013.
Macao Streets Empty After Casinos Shut to Fight Outbreak
For the first time since the start of the global pandemic in early 2020, Macau casinos have been shut down again.
SBC Summit North America Talks Addiction, Regulation and Moderation
“There are three issues that this industry needs to put their big boy and big girl pants on and understand can prevent us from having a sustainable industry,” said panelist Bill Pascrell III of Princeton Pubic Affairs Group.
Peter Wuille Resigns as BTC Core Code Maintainer as Investors Predict Bitcoin Dropping Below $10K
Retail investors are likely more apprehensive about cryptocurrencies whereas professional investors tended to be more open-minded.
Caesars to Open Sportsbook in New Orleans French Quarter
A new World Series of Poker Room will also be unveiled. It will be the largest in Louisiana, featuring 5,000-square-foot of space that is set to include 20 poker tables.
Some Premier League Club Owners Back Gambling Ban
The Premier League wants clubs to support phasing out shirt sponsorship by gambling companies to avoid a ban imposed by government, and Brighton owner Tony Bloom has jumped on the bandwagon.
Where Can I Bet On Major League Baseball Games on My Mobile Device From Massachusetts?
There are a number of ways in which to bet on MLB games, including the Red Sox, via your mobile phone and laptop from Massachusetts.
Can I Really Run My Own Online Sportsbook?
Ever since the U.S. Supreme Court ruled to abolish sports betting prohibition and open the states to begin regulating, the amount of people looking to start their own online sportsbooks has exploded. And it is easier than 1-2-3, but you still must follow certain rules per the Gambling911.com Code of Compliance.
Where Can I Bet On Major League Baseball Games on My Mobile Device From New York State?
There are a number of ways in which to bet on MLB games, including the Yankees and Mets, via your mobile phone and laptop from New York.
