Gambling Industry News
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Online Gambling Industry News You can Trust
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Category: Gambling Industry
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Created: Monday, 09 January 2017 14:35
Evolution is what makes us stronger and better. It is evident in all aspects of our daily lives and sports betting, is no exception as can be seen with the increased popularity of Asian Handicap in America.
Sports bettors are becoming smarter and more informed about betting and they are always looking for that one thing that will give them the winning edge when they place a bet.
This has in turn led to more people adopting Asian Handicap which is also known as Asian betting and Asian handicap betting style. Look out America because Asian Handicap is the next evolution in sports betting!
Read more: Asian Handicap Style Betting is the Future of Betting in America
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Category: Gambling Industry
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Created: Thursday, 15 September 2016 22:05
The American Gaming Association is doing everything it can to support sports betting and their latest study has shown that TV networks should seriously consider advertising sports betting. The survey began with 1,500 Americans who were old enough to bet on sports and 500 of them were regular bettor.
The survey showed that the sports bettor usually watched 19 more games per season than the ones that did not bet on sports. This means that even though sports bettors make up only 25% of the NFL audience, they make up almost 50% of all of the watched NFL games during the regular season.
These numbers are certainly to have an impact on the thinking of television network companies as it would increase the NFL viewing by 36% which is a jump from 40 million to 57 million viewers.
Read more: Study Reveals that Sports Betting Would Increase TV Revenues
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Category: Gambling Industry
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Created: Friday, 22 July 2016 23:11
Good news for the Nova Scotia Provincial Lotteries and Casino Corporation as their revenue for their lotteries and Video Lottery Terminals has increased their revenue from $396.6 million in 2014-2015 to $441 million for the 2015-2016 year.
According to a press release from Thursday, CEO and President of the Nova Scotia Provincial Lotteries and Casino Corporation attributes the surge in revenue from big wins in the ticket lotteries and a sharp upward spike in revenue from the VLTs.
For the gambler, this poses some interesting questions about the coloration between the cancelation of the “My-Play” program, a program that targeted the deterrence of people with gambling addictions from playing which in reality only stopped people without any gambling issues from playing.
Read more: Nova Scotia Gambling Revenue Up by $40 Millions
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Category: Gambling Industry
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Created: Tuesday, 23 August 2016 14:14
The regular NFL Season starts on Sept. 8, 2016 which means that right now, all of the sportsbooks are trying to get your business before the season starts. Since the sportsbooks know that most people usually will stick to one or two sportsbooks once the season begin, now is their chance to try and woe you into placing your football bets with them!
In order to get your business, all of these online companies are offering some amazing sportsbook promotions that are better known as Early Bird Bonuses.
These Early Bird promotions are usually meant to try and lock you in by giving out either large welcome bonuses, or bonuses that will involve a free contest entry, free game specific bets and even free weekly bets throughout the football season.
Read more: Best Football Preseason Sportsbook Bonuses
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Category: Gambling Industry
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Created: Monday, 13 June 2016 15:06
San Jose, Costa Rica –CRSportsBet.ag, an online gambling and entertainment company based out of San Jose, Costa Rica announced today that it now offers Bitcoin and Ria Money Transfer as a banking method for all of its sports betting and gambling services.
Bitcoin was created in 2009 as a form of digital currency that can be exchanged through electronic devices like a smart phone and is used by over 100,000 businesses globally with well over a quarter and a half million Bitcoin transactions daily.
Since its inception, the gambling industry has been pushing the use of Bitcoin because it is a centralized currency and is anonymous because Bitcoin transactions do not disclose any personal information. In addition, it is not subject to the regulations and rules that conventional currencies are bound by.
Read more: CRSportsBet.ag Adds Bitcoin and Ria to Its Banking Methods
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Category: Gambling Industry
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Created: Sunday, 21 August 2016 19:02
Victorian Government in Australia is looking to ban sports betting ads according to Gaming Minister, Marlene Kairouz. In a recent interview, the State Government is looking to submit a proposal that would ban all sports betting ads that are near schools and in public transportation in Victoria, Australia.
Kariouz said that “What we’re wanting to do is ensure they’re no longer exposed to betting advertisements while they go to and from school each day.”
A majority of the Australian population supports the ban according to the Gaming ministry as it would also restrict gambling advertisement in places that are frequently used by minors.
No details have been released as to which places would be banned but that they would eventually be worked out during the consultation phase. According to the latest statistics, sports gambling problems have already cost the community of Victoria between $1.5 billion to $2.8 billion per year.
Read more: Victoria, Australia to Ban Sports Betting Ads
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Category: Gambling Industry
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Created: Thursday, 12 May 2016 14:57
On Wednesday, the U.S. Congress decided to study the legalities and the future of daily fantasy sports after months of individual legislative battles by several states. This year, ten state attorney generals have ruled that daily fantasy sports that include fantasy football, fantasy baseball and such are in violation of state gambling laws.
In addition twelve other states like Missouri are actively considering regulatory legislation for fantasy football. Yesterday’s meeting of the House Subcommittee on Commerce, Manufacturing and Trade became the first discussion regarding daily fantasy sports at a federal level.
Fantasy sports Games is a multibillion dollar business that is often advertised during the football, basketball and baseball season with DraftKings and FanDuel being the two largest Fantasy Sports companies leading the pact. Oddly enough, their presence was not at the meeting.
Read more: Daily Fantasy Sports Scrutinized by Congress
