Business & Financial

Will Legalizing Sports Gambling Hinder Your Sportsbook Business?

Do you think legalization will help or hinder your sportsbook business? Trust us, it’s going to help individual bookies. Find out why and how, and stay ahead of the legalization!

Submitted by Guest on, Feb/14/2019

Rhode Island One Step Closer to Offering Online Sports Betting Statewide

A bill to allow mobile wagering for sports betting in Rhode Island has passed the state Senate.

Submitted by Associated Press on, Feb/13/2019

Sports Betting Could Generate $20 Million Annually in Kentucky

Legal sports betting in Kentucky could be worth at least $20 million a year in new taxes, with most of it going to the state's struggling public pension systems, according to an analysis of a proposal in the House of Representatives.

Submitted by C Costigan on, Feb/13/2019

Advertisement Banning Trends in the European Union and the Balkans for Online Gambling

There has been a recent wave that has swept across the gambling industry and had the form of banning gambling related advertisement. This is the case in many European jurisdictions, but we are not excluding that this is a global wave. Media outlets have reported that such bans are scheduled to be included in Asia as well.

Submitted by Press Release on, Feb/13/2019

How Much Profit do Bookies Make?

Bookies are people that accept action on various sports, and most bookies have an average weekly hold percentage of around 5%.

Submitted by Guest on, Feb/13/2019

Mobile Transactions in Online Gambling Skyrocket: So Too Does Cheating and Credit Card Fraud

Mobile transactions in the online gambling space has grown 95% over the last five years, and that trend continues as 2019 is now underway.

Submitted by Jagajeet Chiba on, Feb/12/2019

Canadian Gamblers, Others Still Can't Retrieve More Than $190 Million From QuadrigaCX

Crtyptocurrency exchange founder Gerald Cotten died of complications from Crohn's disease back in December and now some 115,000 clients are left unable to retrieve approximately $190 million in funds.

Submitted by Aaron Goldstein on, Feb/10/2019

Nevada's Largest Casinos Report $1.2B Loss in Fiscal 2018

Nevada's largest casinos lost $1.2 billion during the fiscal year that ended June 30 despite seeing record revenues, bringing to an end a two-year streak of posted profits.

Submitted by Associated Press on, Feb/07/2019

Only One Owner Profited From This Casino ....When it Was Closed

As a star-crossed Atlantic City casino changes hands yet again, only one owner has ever profited from it — the one who never had it open for even a day.

Submitted by Associated Press on, Feb/06/2019

QuadrigaCX Founder Dies With Only Access to Exchange Password: Made Out Will Days Prior

The CEO and founder of Canadian cryptocurrency exchange QuadrigaCX wrote his will just 12 days prior to his death, but he neglected to disclose the crypto exchange password.

Submitted by Jagajeet Chiba on, Feb/06/2019

New Jersey Casinos Lose $4.6M on $34.9M in Super Bowl Bets

New Jersey gambling regulators say its sportsbooks lost $4.6 million on $34.9 million in Super Bowl wagers, the first major sporting event for bettors since sports gambling was legalized in the state last year.

Submitted by Associated Press on, Feb/04/2019

Darren Rovell Super Bowl 53 'Insider Info' for Halftime Show?

Action Network's Darren Rovell tweeted late Sunday that he had access to the Super Bowl Halftime Show rehersals and..... kept the song sequence quiet from gamblers.

Submitted by Jagajeet Chiba on, Feb/04/2019

Reuters: Anthem Costs Betting Company Dearly (BetOnline)

Gladys Knight’s rendition of the national anthem at the Super Bowl on Sunday caused a headache for one sports betting company after the singer extended the end of the song, the length of which had drawn intense wagering interest.

Submitted by Reuters on, Feb/04/2019

Flurry of Last Minute Super Bowl Bets Come in on Rams by Mystery 'Gambler X'

David Purdem of ESPN was reporting late Saturday that several million in bets came in on the Rams late this week in Vegas.

Submitted by Ean Lamb on, Feb/02/2019

GamblingCompliance signs up for SBC’s Betting on Football & Betting on Sports America

Sports betting media and events company Sports Betting Community (SBC) and leading regulatory intelligence portal GamblingCompliance have joined forces in order to improve the dialogue around gambling regulations.

Submitted by Press Release on, Feb/01/2019

6 Fatal Errors That Could Be Costing Online Bookies Serious Profits

Online bookies need to be aware of 6 fetal errors that cause agents to close shop for good. Find out if you’r making these mistakes and if your sportsbook is spilling potential profits everywhere.

Submitted by Guest on, Jan/31/2019

Get Your Sportsbook Ready For Super Bowl 53 With These 3 Tools

This Sunday is going to be bookies most profitable day of the year. Especially if they use the right tools. Find out 3 tools and strategies you should be implementing in your sportsbook during this Sunday’s Super Bowl 53

Submitted by Guest on, Jan/31/2019

SBC Again Running Sports Betting Tours at ICE London

Gambling911.com media partner SBC Events will once again be running sports betting tours at this year's ICE London event, which commences 5-7 February, 2019.

Submitted by C Costigan on, Jan/31/2019

Is Being a Bookie Illegal?

Being a bookie just means that you are someone that is accepting wagers and bets on various sporting events.

Submitted by Guest on, Jan/31/2019

Buffalo Wild Wings Taps Former Pro Punter and Avid Gambler as Spokesperson

Following up with the latest on Buffalo Wild Wings’ gamble, pledging free wings to America if the game goes to OT: B-Dubs has now tapped former pro punter (turned avid gambler and internet sensation) Pat McAfee to be its “Gaming Consultant” for the program.

Submitted by Aaron Goldstein on, Jan/30/2019