Business & Financial

How Do I Start a Sportsbook From Alabama?

How Do I Start a Sportsbook From Alabama?

Alabama has long been known as a college football haven but in recent years the state has made a name for itself in the world of college basketball.  In 2023, the Crimson Tide were rewarded the top seed in the NCAA Men's Basketball Tournament.  Bettors are plentiful in this state as a result.

Submitted by Aaron Goldstein on, Mar/31/2023

Hot Now: Angels Among the Book's Biggest Liabilities, Stake.com Founders 'Friedberg Who"?

As far as the teams who have been bet the most (in terms of handle), the Braves, Yankees and Padres are the teams that have taken the most action.

Submitted by Gilbert Horowitz on, Mar/30/2023

Responsible Gambling Council Approves BetMGM for Top Accreditation

"We are proud to have received this prestigious RG Check certification," said Adam Greenblatt, CEO of BetMGM. “This accreditation is a testament to our ongoing efforts to promote responsibility throughout our business and to ensure the well-being of our customers."

Submitted by Press Release on, Mar/30/2023

Hot Now: NC Sports Betting Watch, KY Vote, William Hill Sick Fine

Hot Now: NC Sports Betting Watch, NY Vote, William Hill Sick Fine

The commission findings included William Hill customers being able to deposit large amounts without AML checks.  Meanwhile, we await the news on sports betting bills in Kentucky and North Carolina as those states legislative sessions are set to conclude this week.

Submitted by C Costigan on, Mar/30/2023

Gambling Site Stake.com Denies Ties to Collapsed Crypto Exchange FTX Lawyer

Lawyer was also involved in a high profile insider cheating scandal involving an online poker site.

Submitted by Nagesh Rath on, Mar/30/2023

MLB Lines Comparisons Between Sportsbooks

Dave Mason of BetOnline reveals how his book compares to others when it comes to Major League Baseball betting.  BetOnline offers a true dime line compared to some books offering greater than 30 cent lines.

Submitted by Don Shapiro on, Mar/30/2023

How Does a Price Per Head Business Work? College Students Want in as Senator Demands School Partnership Data

A Price Per Head or PPH business is one that manages an individual’s bookmaking business for them and charges a set price per customer.  These platforms appeal to anyone from college age students to the retiree.

Submitted by Aaron Goldstein on, Mar/29/2023

Binance Hit With CFTC Suit, NC Sports Betting Nears Final Vote and William Hill Nearly Loses its License

Binance Hit With CFTC Suit, NC Sports Betting Nears Final Vote and William Hill Nearly Loses its License

Gambler was allowed to open a new account and spend £23,000 in 20 minutes without any checks.

Submitted by Gilbert Horowitz on, Mar/29/2023

Sports Betting Bills Sails Through House

Sports Betting Bills Sails Through NC House Subcommittee - Final Vote Tuesday Afternoon

A bill to legalize sports betting on mobile devices and online in the state of North Carolina is approaching the finish line Tuesday as it sailed through the House committee and was scheduled for a full vote during the afternoon (some time after 3 pm).

Submitted by Gilbert Horowitz on, Mar/28/2023

New Sports Betting Code Bans College Betting Partnerships

New Sports Betting Code Bans College Betting Partnerships

The U.S. gambling industry is adopting a new responsible marketing code that will ban sports books from partnering with colleges to promote sports wagering, bar payments to college and amateur athletes for using their name, image or likeness, and end the use of the terms “free” or “risk-free” to describe promotional bets.

Submitted by Associated Press on, Mar/28/2023

Vote on NC Mobile Sports Betting Measure 11:30 am Tuesday

Vote on NC Mobile Sports Betting Measure 11:30 am Tuesday

House Bill 347 would allow betting on professional, college and other sports from cellphones and other electronic devices in North Carolina, beginning January 2024.  After falling short by a single vote last year, the bill stands a much stronger chance of passing.

Submitted by Gilbert Horowitz on, Mar/27/2023

Cardroom Expansion in CA Gains Support, Flutter Shareholders Want More US Listings Plans

“We have an unparalleled number one position in the US where we continue to go from strength to strength,” Flutter chief executive Peter Jackson said. “The combined power of the ‘FanDuel Advantage’ and the ‘Flutter Edge’ delivered our most successful launches to date in Maryland and Ohio.”

Submitted by Aaron Goldstein on, Mar/27/2023

CoinGeek Tackles the Fears Over AI, Prospects Gloomy for Online Gambling Expansion in US

Deutsche Bank senior analyst Carlo Santarelli last week examined the political landscape for digital expansion.  He didn't like what he was seeing.

Submitted by Gilbert Horowitz on, Mar/27/2023

Bookie's Nightmare Becomes a Reality: Public Favorite UConn in the Final Four

The bookies' worst nightmare is forecasted to come true as the UConn Huskies are heavy favorites to take home another college basketball championship.

Submitted by Press Release on, Mar/27/2023

Benefits of Using PPH Software, Texas Poker Rooms Under the Microscope Again

Benefits of Using PPH Software, Texas Poker Rooms Under the Microscope Again

Cost savings and reduced time consumption are examined.  Plus Texas poker rooms hit by civil lawsuits alleging ‘organized crime’, oh my.

Submitted by Nagesh Rath on, Mar/25/2023

Will DraftKings Close My Account if I Win Too Much?

Will DraftKings Close My Account if I Win Too Much?

"Scale makes it easier to limit sharp bettors and bonus hunters", DraftKings CEO Jason Robins recently stated.

Submitted by Gilbert Horowitz on, Mar/25/2023

Can I Really Find Free Bookie Software From My State?

Yes, the service though is as little as $3 per player per week and AcePerHead.com is now offering one free week per month for life. 

 

Submitted by Aaron Goldstein on, Mar/24/2023

Texas Sports Gambling Measures in Serious Trouble, MI Revenues Up, RI Looks to Bolster Betting

Rhode Island legislation seeks to allow for betting on in-state teams in "college tournaments".

Submitted by Gilbert Horowitz on, Mar/24/2023

FAU is First Cinderalla in Elite 8, UConn is Bookie's Worst Nightmare

FAU is First Cinderalla in Elite 8, UConn is Bookie's Worst Nightmare

Huskies were seeing the most backing from bettors ahead of the Sweet 16.

Submitted by Mary Montgomery on, Mar/24/2023

Sportsbooks Rooting Against UConn....Thursday Night and Remainder of Tournament

BetOnline has published their biggest liabilities as of Thursday afternoon coming into this year's Sweet 16.  The biggest is UConn.  This includes the remainder of the tournament.

Submitted by Dan Shapiro on, Mar/23/2023

Bet on the WWE Universal Championship

Bet on the WWE Universal Championship

The odds of any regulated sports betting state accepting bets on professional wrestling are slim to none.  But that won't stop our friends at BetOnline from doing so.  They posted a bunch of WWE odds.

Submitted by Dan Shapiro on, Mar/23/2023

More Fines Levied, This Time Against Kindred Group: Plus NCAA Biggest Liabilities for Books

Sportsbooks will be rooting for Florida Atlantic and against Texas.

Submitted by Gilbert Horowitz on, Mar/23/2023

Texas Introduces Sports Betting Bills, Marketing Firm Fined €675,000 for Promotion of Illegal Gambling Sites

Texas Introduces Sports Betting Bills,

Thus far in 2023, gambling firms across the globe have racked up more than €26 million in fines.

Submitted by Gilbert Horowitz on, Mar/23/2023

How to Start a PPH Sportsbook in Texas

Texans want to know how they too can operate a sportsbook business like DraftKings.  They can.  And they only need to pay as little as $3 per player per week.

Submitted by Don Shapiro on, Mar/23/2023

Coinbase Receives a 'Dreaded' Wells Notice

Plus the Bitcoin Masterclasses Series 3 with Craig Wright: Yes, human accountants are still needed.

Submitted by Aaron Goldstein on, Mar/22/2023

Evander Kane 50 Bets a Day, PredictIt Buys More Time, NC Sports Betting Bill Moves Further

Kane filed for Chapter 11 bankruptcy with liabilities topping $26 million.  He was said to be struggling and with no way to support his family and found gambling as "a way to make money quick".

Submitted by Gilbert Horowitz on, Mar/22/2023

How Blockchain-Based Payment Systems are Making Online Casino Transactions Faster and More Secure

The market for cryptocurrencies has ballooned. It is currently estimated to be worth about $2 trillion.  This means more rules, more regulation.  But all of this leads to a more secure environment for the online casino player in the blockchain ecosystem.

Submitted by Aaron Goldstein on, Mar/22/2023

North Carolina House Commerce Committee Votes 17-10 in Favor of Sports Betting

Amendments that failed Tuesday would have limited wagering to professional sports only and would have barred bets using credit cards.

Submitted by Associated Press on, Mar/22/2023

Can't Bet on the Princeton Tigers From New Jersey

Can't Bet on the Princeton Tigers From New Jersey

Are there websites I can bet on the Princeton Tigers from New Jersey?  The state regulated apps do not allow this.

Submitted by Ean Lamb on, Mar/21/2023

Can I Bet on Bovada From New York?

Can I Bet on Bovada From New York?

Bovada is not available to new customers in New York, however, there are much better options, some with anonymous wagering accounts.

Submitted by Aaron Goldstein on, Mar/21/2023

Breaking News

Can I Bet on Twinspires From My State?

You may be seeing their commercials broadcasting during this year's Kentucky Derby but if you are in any of the following US states, you'll need to find other alternatives to TwinSpires.