Betting

The Garden State saw 8% growth in casino win to $200.6m, a 30% rise in internet gaming win to $26.7m and sports wagering revenue of $11.6m. From January to October, New Jersey’s casino win was 35% higher ($2.09bn) than in 2017, while internet gaming win increased by 19% to $242.7m. The addition of $51.9m in sports […]

Provisional Measure (PM) 846/2018 primarily details the division of lottery revenue among public security, cultural and social programs, but also plans to authorise online and land-based sports betting. The legislation now allows the Ministry of Finance up to two years to draft the required regulations and issue licenses. According to Senator Flexa Ribeiro, the author

Based on a survey involving 2,865 11-16-year-olds recorded between 5 February and 2 July, gambling participation had increased in the past 12 months. A total of 14% admitted to spending their own money on gambling, up from 12% in 2017. This compared to 13% who have drunk alcohol, 4% who have smoked cigarettes and 2%

Sports betting is not yet legal in the state, but Representative Cody Smith became the second lawmaker to pre-file sports betting legislation which included a royalty fee. According to Sports Handle, this fee would amount to 1% of total sports handle, which would be split into two parts. Of this, 0.75% would go to registered

Senator Charles Schumer, a New York Democrat, has told The Associated Press he and Republican Senator Orrin Hatch will introduce the Sports Wagering Market Integrity Act of 2018. The act would have the US Justice Department set minimum standards for states to meet when offering sports betting. However, the bill would not include any “integrity

Can you tell us about your backgrounds coming into this company? WL: My parents were casino directors in London and Las Vegas. I swore blind I would never get involved in this industry and ran off to be an actor and film producer. But in 2010, I was introduced to Bet365, who were looking to

The construction plans include a new bar and sports wagering experience, expected to open in the summer.   Marcus Glover, President and Chief Operating Officer for Borgata Hotel Casino & Spa, said: “Since Borgata arrived in the Atlantic City market more than 15 years ago, we have maintained a steadfast dedication to property growth and

Culture Secretary, Jeremy Wright, has asked for retail banks and bookmakers to meet, discussing whether people should bet with money they technically don’t have. As well as reviewing credit cards, the government will be revisiting the use of self-exclusion schemes and ways to improve them. Banks including Barclays, Lloyds, Santander and Royal Bank of Scotland

The firm has decided to offer its online promotion in shops to help tackle the fixed-odds betting terminals (FOBT) stake cut, which is set to take place from April 1. Until today, best odds guaranteed bets were for online selections only – but this will now be introduced in shops. For example, if a punter

Players who sign up and download the app will receive personalised notifications when a professional gambler they follow places a bet. The punter can then either match the selection or lay it if they disagree. The professionals’ profit and loss statistics will be available publicly, so punters will know the quality of an individual’s tips.