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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. 

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Iowa Gambling Industry Gets Boost from Sports Betting

Iowa Gambling Industry Gets Boost from Sports BettingIowa 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.

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PricePerPlayer.com Expands its Operations with a New Office in the Philippines

PricePerPlayer.com Expands its Operations with a New Office in the PhilippinesSan 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.

 

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NASCAR Will Join Sports Betting with Guidelines

nascar bettingNASCAR officials appreciate the value of sports betting. The latest in gambling industry news is frequently about sports leagues addressing this topic. By 2019, they will be implementing their policy for betting. During the playoff of the Monster Energy NASCAR Cup Series at Dover in Delaware, NASCAR President Steve Phelps spoke about this. He said that for 2019, they will be putting into place some rules about sports betting. Your top PPH sportsbook can guide you if you want to get into betting on NASCAR.

During the event, though, they had a tent set up where people could place bets on the races. For now, NASCAR will be reviewing and studying the betting trends and they will see how things will develop from that. The betting kiosk began last weekend at the Dover International Speedway. There, people placed bets on race winners, individual stage winners, and other categories. Not only were people placing bets on racing, but the kiosk also offered other professional sports events.

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Sports Betting in Tennessee Still Uncertain

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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.

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The Future of Sports Betting in the US

the future of sports betting in the USThe recently concluded World Cup has brought about profits in the millions. The UK has the largest market in legalized sports betting in the world. In local pubs, you could see people on their smartphones, placing bets before and during the matches. The betting options you could see on their apps were overwhelming, with some matches offering hundreds of betting options for that single game alone.

But betting on sports though the phone and online is not new to them. What has been increasing, is the number of mobile platforms and apps that can take bets in real time. You also see a rise in the use of social media as a way to find betting options. You could, for instance, tweet a bookie, and the bookie will reply with the odds, and a link for you to place your bet on.

If you have found the best sportsbook pay per head service, your bookie operation would be raking in a lot of bets from a wider audience.

Football has given bettors a lot of betting options, with the countless unpredictable moments that can happen – you have fouls, corners, passes, shots on target, tackles, and goals that can be very enticing for live sports betting, especially during the game. The tournament alone is estimated to have had a more than a billion and a half worth of bets in the UK.

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West Virginia Online Gambling Bill on Hold

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.

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Sportsbook PPH Company Upgrades its Betting Platform

PricePerPlayer.com gets a Live Betting Platform UpgradePricePerPlayer.com, a Sportsbook pay per head service provider just announced an upgrade in their Live In-Play Betting platform.  The Live Betting Platform Upgrade will include modernization of its current system, as well as an expansion of its live In-Play Betting Options.

According to the press release, the the Live Betting platform upgrade will give their clients 50% more betting option. The new platform will use Core Data Service (CDS) for the real-time sports odds for the live betting platform.

 Live Betting is the latest and greatest wagering option available at top sportsbooks.  Live betting is exactly what it sounds like and continues from the start of the event until the end. It offers bettors a number of different and exciting ways to get action from sides to totals to props.

Live Betting began in Asia a decade ago and accounted for only 20% of the total wagers on sports. Today, many gambling experts believe that Live Betting makes up about 80% of all money wagered on sports.  Thus, it is considered an essential sports betting option in order to have a successful sportsbook.

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