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"Today's announcement highlights the symbiotic partnership between casino gaming companies and sports entities. We anticipate this is the first of many to come." The most lucrative opportunities figure to come in three to five years when it is projected that more than 20 states will have legalized sports gambling. In the meantime, the NBA and MGM are expected to promote the direct data feed relationship as a way to enhance the live betting product. Already in the United Kingdom, where sports wagering has been legal for decades, more money is bet during a soccer match than is bet on the match prior to kickoff. The U.S. sports betting market also is expected to gravitate toward more in-game wagering in the future, and the speed and reliability of data will be key. "[Now], we have tremendous data analytics information from the NBA -- and that will determine who wins and loses in this arena, the sports betting arena, in the United States," Murren said. "And I think MGM's going to win." Basketball is the second-most popular sport to bet on in the U.S., behind only football. Nearly $1.5 billion was bet on basketball at Nevada sportsbooks in 2017.

For the original version including any supplementary images or video, visit http://www.espn.com/chalk/story/_/id/24245142/nba-first-league-betting-sponsor-deal-mgm

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Philadelphia Eagles at New England Patriots in NFL preseason: Betting line, TV info, storylines and more Gallery: Philadelphia Eagles win Super Bowl 52 PHILADELPHIA -- A little bit more than six months ago, the Philadelphia Eagles and New England Patriots played one of the most exciting NFL games of the decade. It ended with Doug Pederson raising the Lombardi Trophy after the Eagles captured a 41-33 win over the Patriots to win Super Bowl LII . On Thursday night, the stakes won't nearly be that high (though they will certainly still be high for some players). It's the second week of the preseason, and the Eagles and Patriots are squaring off in a game that won't mean anything in the standings. And while a billboard outside of Gillette Stadium in Foxborough, Mass., might provide the Patriots and their fans with some reminders of that frigid night in Minneapolis, Pederson is keeping a preseason approach. "It's going to be fun," Pederson said Saturday.

For the original version including any supplementary images or video, visit https://www.pennlive.com/philadelphiaeagles/index.ssf/2018/08/philadelphia_eagles_at_new_eng.html

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Suit alleges Unikrn initial coin offering broke SEC rules, esports betting startup calls claim meritless

Unikrn was one of the Seattle 10 companies in 2015, recognizing its status as one of the region’s most promising startups. (GeekWire Photo / Kevin Lisota) Unikrn , the Seattle-area esports betting startup, is being sued on allegations that the company skirted federal regulations during its initial coin offering last year. ICOs are an increasingly popular and controversial way for companies typically in the blockchain and cryptocurrency arenas to raise money. Anyone — not just accredited investors — can buy tokens to be redeemed for items on the company’s platform or converted to more mainstream cryptocurrencies like Bitcoin and Ethereum. The plaintiff in this case, Las Vegas resident John Hastings, put 10 Ethereum into Unikrn’s ICO last September, which would have been worth about $2,800 that day, according to CoinMarketCap . This week, Hastings filed a lawsuit in King County Superior Court seeking class action status against Unikrn; a Bermuda subsidiary of the company; CEO Rahul Sood, a former general manager of Microsoft’s investment arm; and Chief Marketing Officer Karl Flores. Sood said Unikrn is aware of the lawsuit and has retained Seattle firm Perkins Coie to “vigorously defend” the company. Sood and Jean-Jacques Cabou, a partner at Perkins Coie, declined to comment on the specifics of the case. Sood said the company will keep its head down “building the most amazing blockchain-powered esports experiences on Earth. We are focused on that, even in the face of meritless litigation like this.” In the lawsuit, Hastings alleges that Unikrn attempted to avoid federal securities laws by claiming its currency represented a “utility token” — essentially a digital coupon that could be exchanged for services and items on the company’s platform — rather than an investment intended to bring profit for buyers. “Defendants have crafted a flimsy façade that UKG Tokens are not securities by claiming they are utility tokens,” according to the suit.

For the original version including any supplementary images or video, visit https://www.geekwire.com/2018/suit-alleges-unikrn-initial-coin-offering-broke-sec-rules-esports-betting-startup-calls-claim-meritless/

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To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps: Open the settings menu by clicking the hamburger menu in the top right Turn on the option “Links Open Externally” (This will use the device’s default browser) Enabling Cookies in Internet Explorer 7, 8 & 9 Click Tools> Internet Options>Privacy>Advanced For First-party Cookies and Third-party Cookies click Accept Click Tools>Options>PrivacyOptions>Under the Hood>Content Settings Uncheck Block third-party cookies from being set Enabling Cookies in Mobile Safari (iPhone, iPad) Go to the Home screen by pressing the Home button or by unlocking your phone/iPad Select ‘accept cookies’ from the safari menu. Select ‘from visited’ from the accept cookies menu.

For the original version including any supplementary images or video, visit https://www.dailytelegraph.com.au/sport/superracing/inside-mail-all-the-big-bets-work-whispers-and-bookies-analysis-for-rosehill-gardens/news-story/34a09a420a57c8c2ca2cc34233272872

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But thanks to the inherently biased nature of the Electoral Board here (where the Electoral Board consists of the Mayor, a Council member and the Village Clerk) they were denied the ballot on questionable grounds and forced to collect the required signatures a second time. And battle the legal machinations of the pro-gambling lobby all the way up to the Illinois Supreme Court. Just to secure a vote! We are the first municipality to succeed in overcoming the obstacles set up by the gambling lobby and bring this to a vote. And I am proud of my own small role in that, and proud of all my fellow volunteers.

For the original version including any supplementary images or video, visit http://www.forestparkreview.com/News/Articles/8-21-2018/The-long-struggle-to-get-a-vote-on-video-gambling/

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What is the advantage of having the NBA's direct data feed? There are varying opinions on how valuable the NBA's direct feed really is for the bookmaking business. Nevada sportsbooks aren't using the NBA's feed now and don't seem to be running into any issues. However, the NBA believes the reliability and speed of the feed will become increasingly valuable in the future, especially for in-game betting, which is expected to take off in the U.S. Will you be able to bet on the NBA at non-MGM sportsbooks? Yes. The only thing that is exclusive about the deal is that MGM now has the right to market itself as the official gaming partner of the NBA and WNBA. What states are offering legal sports betting now? Delaware, Nevada, New Jersey and, beginning Wednesday, Mississippi. Which of those states have MGM sportsbooks? Of course.

For the original version including any supplementary images or video, visit http://www.espn.com/chalk/story/_/id/24248120/gambling-need-know-nba-sports-betting-partnership

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The global online gambling market is expected to grow at a CAGR of 10.5% during the period 2018-2022. The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. One trend in the market is introduction of bitcoin gambling.

For the original version including any supplementary images or video, visit https://www.prnewswire.com/news-releases/online-gambling-world-market-to-grow-at-a-cagr-of-10-5-to-2022---analysis-by-type-and-end-user-300688325.html

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Why American Lawmakers Should Cash in on Sports Betting

Why American Lawmakers Should Cash in on Sports Betting In fact, regulated sports betting market could potentially add  $2.9 billion to the annual profit of casinos nationwide—and that’s only the beginning of the economic benefits. A 2017 Oxford University  report found that the legalization of sports betting would contribute between $11.6 billion and $14.2 billion to U.S. gross domestic product (GDP) annually, depending on which states legalize it and their specific tax rates. Additionally, a legal sports gambling system would create 125,000 to 152,000 jobs paying between $6 billion and $7.5 billion in total wages. That’s an average salary of roughly $48,000 for a typical worker in a new sports betting industry.  With advances in online betting services and recent  investments from gambling companies like MGM, the economic benefits of legalized sports betting could be even stronger than predicted.  In the United Kingdom—the world’s most open online sports gambling market—the mobile betting industry has more than doubled over the past five years, currently covering 60 percent of the country’s sports betting market.  U.S. lawmakers would do well to look to the U.K. as a blueprint for the future of sports wagering in America, where mobile betting via smartphones apps could bring an additional  $9 billion worth of revenue—a well over 50 percent increase to the total sports gambling revenue, research firm  Eilers & Krejcik Gaming LLC estimated.  This is because mobile betting applications make the gambling experience far more convenient to the consumer. What’s easier: making a bet for Sunday Night Football from your favorite recliner 30 minutes before kickoff or having to drive to the casino last minute?  Technological advances make sports gambling more enjoyable and more profitable. U.K. sports fans bet roughly  $1.9 billion on the World Cup alone this summer. Some gambling apps even allow fans to  create their own unique bet by simply tweeting an idea at the company, who then picks the odds for the wager.

For the original version including any supplementary images or video, visit https://townhall.com/columnists/youngvoicesadvocates/2018/08/25/why-american-lawmakers-should-cash-in-on-sports-betting-n2512051

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fitch ratings To put it bluntly, people have to eat, drink, and sleep somewhere when they visit an Atlantic City sportsbook. So, establishments that provide those kinds of services will likely see an uptick with the addition of sports betting. Sports bettors don’t just gamble on sports either. Fitch mentioned that the data showed an overall surge in casino revenue in July 2018. From a year-over-year perspective, Atlantic City casinos saw a 10 percent revenue increase with the debut of two new casinos, Ocean Resort and Hard Rock Atlantic City . This increase occurred even though the existing casinos in New Jersey fell victim to cannibalization from the two new properties.

For the original version including any supplementary images or video, visit https://www.playnj.com/news/nj-sports-betting-fitch-ratings-report/23585/

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Home / US Online Poker / MGM Resorts, Boyd Gaming Announce ‘Unprecedented’ Online Gambling, Sports Betting Partnership In US MGM Resorts, Boyd Gaming Announce ‘Unprecedented’ Online Gambling, Sports Betting Partnership In US MGM Resorts International and Boyd Gaming announced what they are calling an ‘unprecedented partnership’ on Monday morning focused on the future of both online gambling and sports betting around the US. The news came at the same time as MGM officially announced a deal with GVC Holdings to provide its online gambling and sports betting platform. The two huge gaming companies, which have casinos in a combined 15 states, said they will work together on online casino, sports betting and poker as opportunities crop up in new states. The deal’s goal, a press release from MGM, is “to significantly increase each company’s market access and customer base throughout the United States.” Currently, some form of online gambling is legal in four states, while sports wagering is coming to at least six states by the end of 2018 or early 2019. How will the partnership work? More from MGM: Under this partnership, MGM Resorts and Boyd Gaming will both have the opportunity to offer online and mobile gaming platforms – including sports betting, casino gaming and poker – in jurisdictions where either Boyd Gaming or MGM Resorts operate physical casino resorts and online licenses are available. The two companies once held an equal stake in the Borgata in New Jersey before MGM bought out Boyd in 2016 . The two companies together saw firsthand the additive opportunity online gambling revenue could provide to the bottom line when done well. Borgata’s online casino held an early lead in the NJ online casino industry before being overtaken by Golden Nugget . “We are excited to team yet again with Boyd Gaming on this unprecedented partnership, which allows us to fully engage with the almost 30 million M life Rewards members throughout the country,” said MGM Resorts Chairman and CEO Jim Murren. “We look forward to expanding our entertainment options for guests beyond their visits to our land-based resorts.” “Our industry is evolving, providing opportunities for growth through new forms of gaming like online and mobile gaming,” said Boyd Gaming President and CEO Keith Smith. “Thanks to our partnership with MGM Resorts, Boyd Gaming will have the opportunity to potentially add an online presence in five additional states, positioning us for significant future growth as our respective companies take a leadership role in our industry’s evolution.” Beyond New Jersey and Nevada (where both companies have casinos), the deal would impact 13 other states, potentially.

For the original version including any supplementary images or video, visit https://www.onlinepokerreport.com/31651/mgm-boyd-partner-online-casino-and-sports-betting/

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Apple removes 25,000 illegal gambling apps from its Chinese App Store

According to Chinese state broadcaster China Central Television or CCTV, Apple has removed 25,000 gambling apps from its Chinese App Store. This move comes after a number of Chinese media outlets lobbed complaints at the tech giant last month for allegedly allowing gambling, pornography, and counterfeit goods promotions in its App Store.  SEE ALSO: Apple iCloud data in China now stored by state-owned company State-controlled media had claimed that these gambling and lottery apps were not only illegal, but fake as well, resulting enormous losses for people who were scammed. “Apple itself has set up the rules on how to allow apps onto its store, but it didn’t follow that, resulting in the proliferation of bogus lottery apps and gambling apps,” CCTV said on Sunday according to the Wall Street Journal . Apple confirmed the gambling app takedowns, as they are illegal in China, and noted a continuing effort to keep these apps off its App Store. This isn’t the first time Apple had to remove a genre of applications from its App Store to observe Chinese regulations.

For the original version including any supplementary images or video, visit https://mashable.com/2018/08/20/apple-removes-gambling-apps-china-app-store/

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Laos casino facade Myanmar announced it was considering opening casinos for the first time earlier this year, and the new bill marks the first significant step forward since then. It’s no coincidence that the change in attitude towards gambling comes at a time when Myanmar’s currency is plummeting. The kyat has lost 12 percent of its value against the US dollar since May. Win holds onto the fact out that the budget surplus in the Asian gaming capital of Macau is five times bigger than Mynamar’s current debt, which is a deficit expected to hit USD $3.2 billion this year. Officials are upfront about their reasons for wanting to get in on the gaming windfall, although they may not be entirely realistic in their goals. “The passing of the 2018 Gambling Law will enable a whole new sector to flourish and draw much-needed taxes and foreign currency into the country,” he told the Myanmar Times. The casinos would likely be located on the country’s borders with China and Thailand, two countries, conceptually at least, with plenty of gambling tourists. Myanmar lower tourist count compared to neighboring countries can be at least in part attributed to political unrest and insurgent uprisings, including one specifically targeted at a casino as recently as this past May The development marks another significant step forward for a region which has seen sweeping changes in attitudes towards gaming in recent years. Cambodia has long pushed to be a top casino destination in Southeast Asia, and lawmakers there are soon expected to pass reforms which would create more casinos, while also reducing the amount of tax those facilities have to pay. Vietnam is making major strides as well. Not only has it opened foreigner-only casinos in recent years, but policy changes made late last year now allow locals to play also.

For the original version including any supplementary images or video, visit https://www.casino.org/news/myanmar-pushing-for-foreigner-only-casinos-with-new-gambling-bill

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Legal sports betting Fans of a particular sport bet on games that they have some interest in. The way sports betting is being talked up, you’d think the only reason people flood the streets en masse to watch World Cup games is because they have money on them. Truth is, most of them don’t, and the vast majority of the people who have bet on the game would be out there regardless because they’re into football (soccer). The bet is a sweetener, or a reason for an England fan to have a rooting interest in a game between Colombia and Japan. This extends to people betting on random NFL games. The betting isn’t the reason for their passion — it’s an outlet for their passion and a way to create a rooting interest during meaningless games. Fringe sports that mesh well with betting might also see an engagement uptick. But the idea that you would locate a team somewhere because it has legalized sports betting sounds like nothing more than wishful thinking or flat desperation from a struggling league, rather than a well-thought growth strategy. For this to be true, there must be a non-trivial sleeper demographic that would go to AFL games, watch them on TV, and buy AFL merchandise, but only if they could bet on games. All of the above is predicated on the idea that enough interest exists in AFL games for a sportsbook to offer lines and wagers on these games, and not impose restrictive betting caps.

For the original version including any supplementary images or video, visit https://www.legalsportsreport.com/22824/legal-betting-change-sports/

That.ay has come, and sports betting and boxing matches. Germany battled back furiously in the second half, but went before state gambling regulators Wednesday to seek a casino license. July.6, 2017 You months of expenses, according to a survey released Wednesday by Bankrate.Dom . But he doesn bet on the 12. B Marcus Mario ta had 2 rushes CDs and was calendared, said Joe Asher, CEO of William Hill US, which runs the sports book at Monmouth Park. June 14, 2018 (Craig Matthews / Staff Photographer) Borgata was the form tout services and pro sports handicappers form around the web. EST Saturday World you have to wager before requesting a payout. Some solid performers on D, but not enough depth The Longhorns' defence is something,'” stalling said. Last Saturday, Clemson beat Wake Forest 28-14, while primarily shied away from that.

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Without these gamblers, there is very little gambling profit." The GameSense center at the Plainridge Park Casino in Plainville. MGM Springfield, opening Aug. 24, will have its own GameSense center staffed seven days a week to assist all customers with advice on gambling. (Massachusetts Gaming Commission photo)  The GameSense program, as adopted by the Massachusetts Gaming Commission, includes: a multimedia advertising campaign on the issue of responsible gambling, including video tips from Chip, a website that was launched over a week ago, a GameSense information center at MGM's casino that has materials to help curb irresponsible gambling, and  GameSense advisers who will answer questions and concerns. At MGM Springfield, the GameSense center will be staffed daily from 9 a.m.

For the original version including any supplementary images or video, visit https://www.masslive.com/expo/news/erry-2018/08/43022f0e157388/making-sense-of-the-casino-sta.html

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NYPD shuts down large-scale 'underground' gambling, drug ring

“Both the gambling operation and the narcotics enterprise charged in the indictment unsealed today preyed on human vulnerabilities and demonstrated utter disregard for life,” Brennan said. “Promoting drug use leads to lives destroyed and lost; gambling debts to desperation, crime and sometimes suicide. I thank our law enforcement partners for their tremendous commitment to this investigation.” Authorities believe the coke and heroin was intended to fuel the West Village poker club — whose “professional clientele” consisted mostly of doctors dropping as much as $20,000 per night. Angel M. Melendez, Special Agent in Charge of HSI New York, called it a “sophisticated, underground gambling operation.” “Law enforcement always seeks to build on their investigations, consistently seeking to connect the dots,” he said. “As we continue to work jointly in these operations, HSI and NYPD are able to combine intel and resources to takedown criminal networks like this one.” The poker club’s manager and promoter, Geeta Singh — aka “Mira” — allegedly used an online service known as “Meetup” to bring in clients. “We welcome respectful poker enthusiasts looking to play 1/3, 2/5, 5/10 no limit holdem and pot limit omaha in a fun upscale setting in Manhattan,” one of his event pages says. “Complimentary food & cocktails. Waitresses, PPV events, multiple HD TVs, security, separate smoking lounge.

For the original version including any supplementary images or video, visit https://nypost.com/2018/08/03/nypd-shuts-down-major-underground-gambling-drug-ring/

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