Gambling News

How Much Profit do Bookies Make?

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 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

NASCAR Goes All in With Sports Betting

NASCAR Goes All in With Sports Betting

Brendan Gaughan is the son of a casino magnate and has long grasped the allure of throwing down a few bucks to wager on a sporting event.

Submitted by Associated Press on, Feb/12/2019

WSOP 2019 Events Schedule Released

WSOP 2019 Events Schedule Released

The World Series of Poker has released its 2019 schedule, marking its 50th anniversary.

Submitted by Ace King on, Feb/12/2019

MGM Resorts is MLB‘s official gaming partner after NBA, NHL

MGM Resorts is MLB‘s official gaming partner after NBA, NHL

MGM Resorts International became Major League Baseball‘s official gambling partner in the U.S. and Japan, a deal made as the sport tries to ensure more prevalent legal sports betting does not lead to any scandals of the type sparked by illegal wagers in its past.

Submitted by Associated Press on, Feb/11/2019

Florida a Long Shot to Offer Sports Betting ...But One Lawmaker Will Try

Florida a Long Shot to Offer Sports Betting ...But One Lawmaker Will Try

At least one lawmaker is going to try to get legislation passed that would allow sports betting and an expansion of gambling overall in the Sunshine State.

Submitted by Gilbert Horowitz on, Feb/11/2019

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

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

Indiana Considers Sports Betting in 2020

Indiana Considers Sports Betting in 2020

A shake-up of Indiana's gambling laws being debated could see two new casinos being built and allow legalizing sports betting to start as early as next year.

Submitted by Associated Press on, Feb/10/2019

Horse Racing Shuts Down in UK Amidst Influenza Outbreak

Horse Racing Shuts Down in UK Amidst Influenza Outbreak

Due to an equine influenza outbreak, any and all horse racing activity in the UK is temporarily suspended.

Submitted by Alistair Prescott on, Feb/08/2019

Rep Raskin Inquires About Adelson Role in New Wire Act Interpretation

Rep Raskin Inquires About Adelson Role in New Wire Act Interpretation

During Friday's contentious House Judiciary Committee's oversight hearing with testimony from Acting Attorney General Matthew Whitaker.

Submitted by Gilbert Horowitz on, Feb/08/2019

Online Gambling Developer Accused of Swindling Investors Out of Millions

Online Gambling Developer Accused of Swindling Investors Out of Millions

Federal regulators are accusing a Las Vegas online game developer of gambling away part of his investors’ money.

Submitted by Associated Press on, Feb/08/2019

How Can Online Bookies Entice Players to Become NHL Bettors?

How Can Online Bookies Entice Players to Become NHL Bettors?

Think profits come to a grinding halt after the NFL Season? Think again! Check out 3 ways that online bookies can pivot action to hockey betting. Turn NFL bettors into NHL bettors.

Submitted by Guest on, Feb/07/2019

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

Borgata to Track Down Phil Ivey

Borgata to Track Down Phil Ivey

Atlantic City's Borgata Casino has been awarded the approval to go after poker pro Phil Ivey's assets in Las Vegas. 

Submitted by Nagesh Rath on, Feb/06/2019

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

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, Pennsylvania Oppose Online Gambling Shift

The attorneys general of Pennsylvania and New Jersey have registered their objection to a Department of Justice legal opinion that could affect online gambling.

Submitted by Associated Press on, Feb/05/2019

State of the Union Betting Odds - 2019

State of the Union Betting Odds - 2019

BetOnline has released odds on this year's State of the Union.

Submitted by Jagajeet Chiba on, Feb/05/2019

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

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

US Sports Leagues Split on How to Monetize Sports Betting

US Sports Leagues Split on How to Monetize Sports Betting

America's major professional sports leagues are split on how to get a piece of the action from legal sports betting after failing to get early adopting states to cut them in.

Submitted by Associated Press on, Feb/04/2019

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

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

Bryn Kenney Wins 2019 Aussie Millions Main Event After Three-Way Deal

Bryn Kenney Wins 2019 Aussie Millions Main Event After Three-Way Deal

Bryn Kenney defeated a field of 822 players and walked away with AU$1,272,598 (US$269) in what was the biggest Aussie Millions in the tournament’s history.

Submitted by Ace King on, Feb/03/2019

2019 Aussie Millions Main Event Final Table Determined

2019 Aussie Millions Main Event Final Table Determined

We will soon learn who is going to win the 2019 Aussie Millions Main Event.

Submitted by Ace King on, Feb/02/2019

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

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

Bet How Long it Takes Gladys Knight to Sing National Anthem

You can bet on how long it takes Gladys Knight to sing the National Anthem at this year's Super Bowl in addition to other Knight prop bets being offered.

Submitted by Ean Lamb on, Feb/01/2019

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

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

Are You Ready for Super Bowl LIII? A Bettor's Dream Day

Are You Ready for Super Bowl LIII?  A Bettor's Dream Day

As the Patriots and Rams walk out on the field of the Mercedes-Benz Stadium this Sunday, you can be sure of one think both veteran coach Bill Belichick and new the wonder boy on the block Sean Mc Vay will have spent countless hours researching their competition.

Submitted by Guest on, Feb/01/2019

Should Online Bookies Offer International Sports Betting?

Should Online Bookies Offer International Sports Betting?

Thinking about exapanding your sportsbook to offer international sports betting? Great idea, if you’ve considered it, find out 3 reasons why every bookie should be offering international sports.

Submitted by Guest on, Jan/31/2019

6 Fatal Errors That Could Be Costing Online Bookies Serious Profits

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

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