Gambling Industry News
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The next time you need to know anything about the gambling industry, visit SportsbookSOS.com. Our articles can help you understand what's going on in the world of gambling worldwide.
Online Gambling Industry News You can Trust
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Category: Gambling Industry
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Created: Wednesday, 03 June 2020 10:12
DC sports betting app GambetDC ran into several technical issues during its first weekend of operations. Some players reported that the geolocation service of the app couldn’t pinpoint their locations within the District.
GeoComply, the geolocation provider for GambetDC, stated that their services were working as intended. However, they did concede that people next to areas where sports betting was prohibited might not be able to wager on sports.
Areas, where sports wagering are banned, include places around stadiums and federal properties. Players who are less than half a mile from the DC border might be blocked from using the app. They need to move away from the border and retry placing a bet.
Bad Start for DC Sports Betting App GambetDC
Nicole Jordan, DC Lottery director of marketing and communications, told a sportsbook watchdog that the geolocating technology is working as designed. She added that the technology was made to be strict during launch.
Read more: DC Sports Betting App GambetDC Off to a Rocky Start
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Category: Gambling Industry
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Created: Sunday, 03 May 2020 07:14
State regulators posted Michigan sports betting draft rules regarding the use of official league data. The proposed regulations gave sportsbooks a way to challenge the official league data requirement.
According to the state sports betting law, in-play bets require the use of official league data. However, the draft rules offer a way for operators who are unsatisfied with the mandate. By default, sports betting companies can only use approved information source for Tier 2 sports wagers.
A sports governing body based in the US can notify state regulators of the use of their official league data. Also, providers of league data need to apply for a supplier license from the state. Sportsbook operators have 60 days to swift towards the official league data after the request notification.
Michigan Sports Betting Draft Rules
Operators can use approved data sources if official league data is unavailable for a specific type of in-play bet, according to sportsbook pay per head sources. Also, operators can petition the board if they find the terms of the official league data provider not commercially viable.
Read more: Michigan Sports Betting Draft Rules on Official League Data
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Category: Gambling Industry
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Created: Thursday, 17 October 2019 14:49
San Jose, Costa Rica – Sports Betting Software Development company PricePerPlayer.com is expanding its operations by opening a new office in the Philippines. The new offices will be a satellite office in Bonifacio Global City and will be known as Price Per Player Asia.
Ever since the PricePerPlayer.com acquisition of Bwager.com, the company has seen a high influx of clients in the Asian Gambling Market. According to their 2019 annual report, their Asian customer base has increased by 35% over the previous year. Thus, the decision to expand their holdings in the Philippines was the next logical step for the company’s growth.
The new office in BGC will allow the company to keep up with the growing demand for their sportsbook pay per head services in Asia. At the moment, they are currently in the process of hiring additional support staff for their expansion.
Read more: PricePerPlayer.com Expands its Operations with a New Office in the Philippines
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Category: Gambling Industry
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Created: Sunday, 19 January 2020 00:44
A new poll released by the Atlanta Journal-Constitution showed that most Georgia voters support casinos. Also, they want legal sports betting in the state. The survey had 1,025 respondents from different socioeconomic backgrounds.
The survey tackled different issues from the mandatory wearing of seat belts in the backseat to Medicaid expansion. Also, legalizing casinos and sports betting was part of the questionnaire given to respondents.
Pay per head sportsbook sources learned that 64 percent of those polled support casinos in Georgia. Also, 57 percent of respondents favored legal sports betting. The state’s General Assembly came back into session last January 13. Some of the topics they will discuss include sports betting and gambling expansion issues.
Read more: Georgia Voters Support Casinos and Sports Betting
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Category: Gambling Industry
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Created: Friday, 12 April 2019 02:50
Legalizing sports betting in the US is a bit tedious, since its up to each state’s legislation to allow it or not. If they do allow it, the terms that covers it will vary. For some states, becoming a bookie is easy, but for some, it can be hard. For some states, you can operate a sportsbook pay per head online, through a pay per head service. For others, its limited to brick and mortar casinos. Even then, the sports allowed to bet on can also be limited.
In the case of Tennessee, it could be one or any of these terms that is holding the sports betting industry back. True enough, towards the end of March, the sports betting bill currently being discussed was under fire from a lot of legislators opposing the bill.
Read more: Sports Betting in Tennessee Still Uncertain
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Category: Gambling Industry
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Created: Sunday, 15 December 2019 00:56
Iowa gambling industry improved thanks to sports betting. According to the state Racing and Gaming Commission, foot traffic in casinos increased. As a result, there’s an improvement in the state’s gambling revenue.
Iowa required players to go to a licensed casino to create an account before they can use online sportsbooks. The regulator saw a 4.5 percent year over year in the period between July and November. They noted that casinos usually have a one to two percent increase or decrease in recent years.
The improvement in casino and betting admissions is encouraging for the state regulators. Admissions are up nearly four percent in casinos. Also, slots revenue and table play are up. They want to know if the trend will continue next year.
Read more: Iowa Gambling Industry Gets Boost from Sports Betting
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Category: Gambling Industry
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Created: Saturday, 19 January 2019 15:11
The West Virginia online gambling bill is put on hold. Although it was making good progress, it looks like the state authorities will not legalize the activity this year. However, the state is still allowing retail locations to install video lottery terminals.
Lottery director John Myers told gambling industry news that they are reconsidering the legalization of online gambling. Some people think the decision was the result of the new DOJ opinion on the Wire Act.
However, some industry experts believe the state doesn’t want to mess with a lucrative system. At present, estimates for lottery revenues is at least $25 million.
West Virginia Online Gambling Bill
Five state lawmakers wanted to make online gambling legal in 2019. They filed the bill H3067, with Delegate Shawn Fluharty as the main sponsor. Known as the West Virginia Online Gambling Bill, it will allow state casinos to offer online gambling.
Read more: West Virginia Online Gambling Bill on Hold
