Gambling Companies

Gambling Companies, Gambling Stocks

Is Bovada Legal in Georgia?

Is Bovada Legal in Georgia?

Bovada is accessible in the state of Georgia and licensed in the island nation of Antigua.  The US Supreme Court in 2018 reversed decades of prohibition of sports wagering nationwide, however, Georgia lawmakers have little appetite for amending their own local laws.  As such, we are not likely to see in-state licensed sportsbooks in Georgia any time soon. 

Submitted by Ean Lamb on, Aug/22/2022

Legendary Pro Bettor The Real Fats: “You Can’t Make a Good Bet, a Better Bet, by Making a Bad Bet!”

Plus how social gaming set Bryan Bennett up to succeed at Betfred with that gambling firm set to enter the Ohio sports betting market next year through a partnership with the Cincinnati Bengals.

Submitted by Don Shapiro on, Aug/22/2022

Most Important Steps in the Merging of Crypto Gaming and Gambling

Most Important Steps in the Merging of Crypto Gaming and Gambling

There was a time when gaming companies and developers were at the cutting edge of technology, exploring innovative methods and future revenue streams. Yet that has become less apparent in the past few years, as the larger providers aim to stick with tried and tested properties to bring in revenue. As a direct result, crypto gaming, gambling and even the metaverse to a lesser extent, have been left to experiment.

Submitted by Payton on, Aug/22/2022

Advertising Rules Must Be Reviewed Before Sports Betting Can Move Forward in Kansas

Advertising Rules Must Be Reviewed Before Sports Betting Can Move Forward in Kansas

The attorney general’s office approved three proposed regulations but returned others to the Kansas Lottery after “identifying specific shortcomings that must be remedied,” John Milburn, a spokesman for Attorney General Derek Schmidt, said in a news release Friday.

Submitted by Gilbert Horowitz on, Aug/20/2022

Entain Awarded Socially Responsible Operator of the Year Just Weeks Before £17mn Fine for Failing to Adhere to Social Responsibility

Entain Awarded Socially Responsible Operator of the Year

Prochaska, in his interview with the BBC, said he does not believe anything will change much.  "I am worried that they and other operators in this industry see these fines as simply the cost of doing business."

Submitted by Nagesh Rath on, Aug/19/2022

FanDuel, DraftKings Scale Back on Marketing Ahead of New Football Season... With Some Exceptions

FanDuel, DraftKings Scale Back on Marketing Ahead of New Football Season... With Some Exceptions

“I think what we’re seeing is, everyone is looking around going ‘Hang on, it’s gone too far,’” BetMGM Chief Executive Adam Greenblatt told the New York Post. “We need to make money. The market, frankly, is expecting us and others to make money.”

Submitted by C Costigan on, Aug/19/2022

Penn National Agrees to Acquire Rest of Barstool Sports

Penn National Agrees to Pay $387 Million More to Buy the Remaining 50% of Barstool Sports

Penn is buying the sports entertainment and gambling company outright, having already paid $163 million for a 36% prior ownership.  This brings the valuation to $450 million.

Submitted by Gilbert Horowitz on, Aug/18/2022

Netherlands aim to limit gambling ads

Netherlands aim to limit gambling ads

The Dutch government is putting a stop to the torrent of gambling ads that flooded Dutch citizens. After opening the market in October 2021, casinos and sportsbooks have been vying over (potential) Dutch players.

Submitted by Aaron Goldstein on, Aug/18/2022

Kansas Sports Betting by September 8, Entourage Actor Jerry Ferrara Joins the BetMGM Team

Kansas Sports Betting by September 8, Entourage Actor Jerry Ferrara Joins the BetMGM Team

No word yet if retail or online sports betting, or both, are set to launch on that date.

Submitted by Aaron Goldstein on, Aug/18/2022

"Cleansed" Offshore Sportsbooks Will Be Welcome in Newly Regulated Ontario Market

"Cleansed" Offshore Sportsbooks Will Be Welcome in Newly Regulated Ontario Market

Plus Right Angle Sports looks at the pros and cons of modeling and power rating adjustments.  And Catena Media Reports continued strength in North America mmid more restrictions elsewhere.  Also: BetCRIS coming to the Hard Rock as SBC Summit Latinoamérica premium sponsor this November 1-3.

Submitted by Aaron Goldstein on, Aug/18/2022

Cocca’s Pizza, Irish Bob’s Pub, Steel Valley Entertainment Among Dozen Plus to Get Sports Betting Licenses in Ohio

Cocca’s Pizza,  Irish Bob’s Pub, Steel Valley Entertainment Among Dozen Plus to Get Sports Betting Licenses in Ohio

Some dozen venues just got approved by the Ohio Casino Control Commission in recent days, including pizzarias.

Submitted by Aaron Goldstein on, Aug/18/2022

The Ethereum Merge is Coming: CoinBase to Pause Transactions

Ethereum is anticipated to move to Proof-of-Stake (PoS) on or around September 15, 2022 making it more secure, less energy-intensive, and better for implementing new scaling solutions.  Coinbase and other crypto exchanges are pausing Ethereum and ERC-20 withdrawals and deposits during the merge

Submitted by Aaron Goldstein on, Aug/17/2022

Entain Receives Historic £17mn Fine

Entain Receives Historic £17mn Fine

The company has admitted wrongdoing though it appears to be shifting blame towards previous owners....and continues to do so three years later.  Helen Thomas of the Financial Times calls them out.

Submitted by Jagajeet Chiba on, Aug/17/2022

NJ Sports Betting Handle Falls 16%

NJ Sports Betting Handle Falls 16%

The New Jersey Division of Gaming Enforcement show that the casinos in total won just shy of $299 million from in-person gamblers, slightly more than the $277 million won pre-pandemic in July 2019.

Submitted by Gilbert Horowitz on, Aug/17/2022

Can I Bet the Little League World Series on the Caesars Sportsbook App?

Can I Bet the Little League World Series on the Caesars Sportsbook App?

Caesars Sportsbook prohibits betting on youth events such as the Little League World Series.  Other popular sportsbooks like long established BetOnline have zero qualms about taking bets on the Little League World Series and have already released odds for 2022 (Wed, Aug 17, 2022 – Sun, Aug 28, 2022).

Submitted by Ean Lamb on, Aug/16/2022

What Are the Biggest Business Blunders Online Bookie Software Will Help Prevent?

As a bookie, mistakes can be costly. Having the right online bookie software can help minimize potential blunders. Here's how.

Submitted by C Costigan on, Aug/16/2022

Disney to Offer Sports Betting?

Disney to Offer Sports Betting?

Activist investor Daniel Loeb’s Third Point hedge fund wants Disney to get more involved in sports betting.  More specifically, he wants ESPN spun off.

Submitted by Jagajeet Chiba on, Aug/16/2022

Spank Odds Almost Ready to Go: Now Everyone Will Have Access to Pinnacle Line Moves

Spank Odds Almost Ready to Go: Now Everyone Will Have Access to Pinnacle Line Moves

At one point this past month, Spank Odds was among the most searched for terms coming to the Gambling911.com website and its founder, Gadoon “Spanky” Kryollos, has been heavily promoting the free odds service via social media platforms such as Twitter.

Submitted by C Costigan on, Aug/16/2022

Micro-Betting Explained: What Are the Sports Best Suited for This Wagering Model?

Micro-Betting Explained: What Are the Sports Best Suited for This Wagering Model?

Speaking to iGaming NEXT, venture capitalist and managing partner of Sharp Alpha Advisors Lloyd Danzig said: “Soccer is a low-scoring game with a continuous clock, minimal stoppages, and far fewer discrete events as compared to the most popular US sports. Basketball, baseball, and American football appear to be especially well-suited for micro-betting.”

Submitted by Aaron Goldstein on, Aug/15/2022

Hashing it Out: Tyler Farnsworth - Chief Marketing Officer - Built By Gamers

Hashing it Out: Tyler Farnsworth - Chief Marketing Officer - Built By Gamers

Micropayments are set to disrupt the current revenue models in the gaming space, especially following recent news that YouTube influencer and boxer Jake Paul has launched his own microbetting-focused sports betting website.

Submitted by Aaron Goldstein on, Aug/15/2022

Weltbet and Rolletto.com Complaints: Do They Have Merit?

"Just a heads up for anyone thinking of promoting WeltBet or Rolletto.com - Don't," warns Head of Operations at Traffic Label Limited, Phil Blackwell, via his LinkedIn Page.

Submitted by B.E.Delmer on, Aug/14/2022

MLB Becomes First Major Sports League to Support Sports Betting Initiative in California

MLB Becomes First Major Sports League to Support Sports Betting Initiative in California

The MLB supports Prop 27, one of two referendums appearing on the November ballot.  Prop 27 would make it lawful to operate mobile sports betting in the state.

Submitted by Gilbert Horowitz on, Aug/14/2022

Why You Need a Price Per Player Sportsbook Software

Why You Need a Price Per Player Sportsbook Software

A price per player sportsbook software typically charges $5 and up per player per week while offering everything from odds, live betting, full reporting, 24-7 customer service and even a live dealer online casino.

Submitted by Aaron Goldstein on, Aug/12/2022

FanDuel Continues to Kill It: Outshines the Competition Again

FanDuel Continues to Kill It: Outshines the Competition Again

Parlays, synergies between its Daily Fantasy Sports product and sports betting along with a partnership deal with Pat McAfee and Turner Sports has helped FanDuel drive significant revenues for the second quarter of 2022.  FanDuel reported a $22 million adjusted EBITDA for the second quarter.

Submitted by Aaron Goldstein on, Aug/12/2022

Why Do Crypto Bettors Prefer Provably Fair Casino Game

Why Do Crypto Bettors Prefer Provably Fair Casino Game

When we place wagers on casino games, we’re betting on the outcome of randomly generated numbers. In traditional online gaming, operators control the RGNs, but in provably fair casino games, those randomly generated numbers are out of the casino operator’s control.

Submitted by B.E.Delmer on, Aug/12/2022

CEO Jason Robins: "DraftKings Inc. Didn’t Come About on the First Try, or Even the Second or Third"

CEO Jason Robins: "DraftKings Inc. Didn’t Come About on the First Try"

In an incredibly candid post on LinkedIn Thursday, DraftKings CEO admitted that the company took some time to come to fruition.  Its DNA can be found at, of all places, Vistaprint.

Submitted by Alejandro Botticelli on, Aug/11/2022

Bovada.LV Downgraded to a D- By Sports Book Review From an A+?

Bovada.LV Downgraded to a D- By Sports Book Review?

Since shifting to a U.S. regulated sportsbook focused market, SportsBookReview has apparently lost its love for Bovada.lv....in a big way.

Submitted by C Costigan on, Aug/11/2022

SEC Launches Probe Into Coinbase’s Staking Programs, Plus PositivelyDisruptive Companies Under Ayre Ventures

One of the CoinBase's long term goals is to become the #1 staking provider. Staking platforms deploy the staked crypto to help verify transactions and boost blockchain security.

Submitted by Aaron Goldstein on, Aug/11/2022

Poker Legend Molly Bloom to Host €10,000 'Molly's Game' at SBC Summit Barcelona

Poker Legend Molly Bloom to Host €10,000 'Molly's Game' at SBC Summit Barcelona

The real life author and organiser of high-stakes celebrity poker games that inspired the film "Molly's Game" will be delivering a keynote speech and host an exclusive €10,000 invitational poker tournament.

Submitted by Ace King on, Aug/11/2022

Catena Anticipates Job Cuts in Europe

Catena Anticipates Job Cuts in Europe

The company announced that it is expanding the strategic review it initiated on 20 May to its entire European online sports betting and casino affiliation business.

Submitted by Aaron Goldstein on, Aug/10/2022

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