Gambling and Sports Betting News Wire - August 27 2019
Here are today's headlines in the world of gambling and sports betting as they happen - Tuesday August 27, 2019.
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FoxBet Coming Online September 3?
Sources at Mount Airy Casino and its partner The Stars Group tell PlayPennsylvania that the Fox Bet site will begin testing on Tuesday, Sept. 3. That sets them up to be fully launched in time for Week 1 NFL betting action on Sept. 8.
NBC Exec: There Will Be Gambling References During Games
.@SNFonNBC Executive Producer Fred Gaudelli says
— Ben Fischer (@BenFischerSBJ) August 27, 2019
there will continue to be "somewhat isolated" gambling references on NBC NFL broadcasts this year. No big change in approach.
Iowa Casino Fined for Underage Gambling
For the second time in a year, Prairie Meadows Racetrack and Casino was fined for an underage gambling violation, WeAreIowa.com reports.
According to documents obtained by Local 5 from the Iowa Racing and Gaming Commission, the casino was fined $20,000 earlier this month after a 19-year-old was on the gaming floor unchallenged “for over an hour, gambled, and consumed alcohol,” according to a document from the commission.
The other incident occurred in July 2018 when a 20-year-old female “entered the gaming floor unchallenged, was on the gaming floor for over three hours, gambled and consumed alcohol".
That incident resulted in a $20,000 fine.
Trump -800 to Be Republican Nominee, Pence +1800
2020 REPUBLICAN CANDIDATE
— Looselines Sportsbook (@LooselinesRJ) August 27, 2019
DONALD TRUMP -800
MIKE PENCE +2000
AUL RYAN +5000
MORE HERE https://t.co/ECPrLfNSnt pic.twitter.com/2vbM7D7jLH
Latest US Presidential Odds
Here's our LATEST ODDS UPDATE on the U.S. #2020Election https://t.co/lormNTXSjP
— Oddschecker US (@OddscheckerUS) August 27, 2019
Parx God Awful Lines the Price to Pay for Hefty Taxes
Gambling911.com recently published its continuously updated State-by-State Competitiveness Ratings and one of the areas we are monitoring is Pennsylvania's ability to stay competitive with the rest of the nation, and in particular with the offshore books and local bookmakers due to the high taxation. At 36%, something has to give, right?
We're starting to see the signs, as LegalSportsReport points out below.
Base pricing out of step with the market is not an ideal way to acquire share in competitive PA https://t.co/MQ401aNPuQ
— Legal Sports Report (@LSPReport) August 27, 2019
BetOnline, Bookmaker No Longer Allowing Funding From NJ Residents
With increasing pressure on sports betting operators and affiliates alike, two of the dominant forces in offshore sports gambling have decided to no longer allow residents of New Jersey to fund their accounts.
Betonline Monday emailed all New Jersey residents that they will no longer be able to continue playing just as long as they list the state in their account while Bookmaker last week began prohibiting funding by New Jersey residents last week. Bovada exited the New Jersey market in 2015 after the state legalized online casino games.
One gambler noted via SportsBookReview.com when it was revealed that BetOnline had decided to lump the "country of New Jersey" in with other oppressive nations:
"The Jurisdictions of New Jersey, North Korea, and ISIL, Al-Queda, and the Taliban. Sounds about right."
The New Jersey Attorney General has come down hard on various sites for promoting offshore sportsbooks, including Oddsshark and VegasInsider. The later opted to pull down all its ads for offshore sportsbooks whereas Oddssharks decided to block access to its lines feed in the state of New Jersey. Gambling911.com includes advisories sitewide and issues notices in circumstances where content may be specifically targeted towards NJ readers. The site has implemented "NJ Prohibited" in all promo copy moving forward whether a sponsor site accepts customers from the state or not.
New Jersey's aggression is nothing new. Gambling911.com regularly monitors states with similar "stand your ground" stances against offshore betting companies over the past 20 plus years.
Late in the 90's it was Missouri and Minnesota. By the mid-2000's, Louisiana, via its state police no less, began to flex its muscles. Over the last decade it's been New York State (even opting to decimate the emerging daily fantasy sports sector), Maryland and now New Jersey.
This move by offshore gambling sites is widely seen as the precursor to an industry trend that is beginning to emerge in the offshore sports betting world and other so-called "risk" or "grey" area industries like porn and pot. While these companies felt compelled to comply with Know Your Customer rules (also called KYC), anonymity will become the way of the future it seems. In other words, you want to play with an offshore sportsbook, your new residence will be cyberspace. One can accomplish this through Bitcoin and other cryptocurrencies using a secure digital wallet.
- Chris Costigan, Gambling911.com
Our Free Picks Record August 27
2019 College Football Record: 1-0 (100%) - No Plays Over -160
2019 MLB Record: 24-16-2 (60%) - No Plays Over -160
2018-19 College Basketball Record: 12-9 (57.1%)
2018-19 NBA Record: 7-5 (58%)
2018 MLB Record: 45-35 (56.2%)
2018 NBA Record: 12-4-1 (75%)
