It appears that the Trump administration has shown its hand with regards to US sports betting, having issued Solicitor General Noel Francisco to file a Supreme Court brief supporting US-pro leagues’ stance against sports betting being legalised in the state of New Jersey. The brief is a deep blow to New Jersey officials, who this October were granted the right …
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The Washington Post has revealed that the US Supreme Court is set to hear ‘oral arguments’ put forward by New Jersey officials protesting the federal block which prohibits the state from allowing sports betting in licensed premises (casinos & racetracks). Updating its calendar, the Supreme Court has scheduled the date of 4 December to hear New Jersey’s appeal against the …
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A new poll conducted by The Washington Post and The University of Massachusetts Lowell has detailed that for the ‘first time most Americans support wagering on professional sports’. A majority of 55% of participants surveyed detailed support for legalised US sports betting, whilst 33% are in opposition. The polls finding ‘reverses the public sentiment of 1993’ in which 56% of …
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Betting on Sports 2017 (12-15 September) will debate the changing sports betting landscape in the U.S., just a few months after the Supreme Court agreed to hear New Jersey’s challenge against PASPA. We spoke to panellist Daniel Wallach, a Gaming and Sports Attorney at Becker & Poliakoff, about what he’s looking forward to at #boscon2017, why it’s important for him …
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In partnership with SportAD, Resorts Digital Gaming, the online arm of Resorts Hotel Casino has announced the launch of FastPick.com, the first licensed, real-money fantasy sports game for the US gambling industry. The FastPick fantasy sports product has been designed to be a ‘fair and sensible’ alternative to current DFS market offerings. Developed under the premise of creating ‘DFS games …
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New Jersey’s Casino Control Commission has this week approved the restructuring proposal of Caesars Entertainment Operating Co (CEOC) unit presented under the bankruptcy plan of Caesars Entertainment. The plan will allow CEOC operated assets/properties to be placed under a newly-formed operating company in accordance with US Chapter 11 bankruptcy laws. Once the new company is formed, Caesars Entertainment governance will …
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The U.S Supreme Court has agreed to hear an appeal by the state of New Jersey to legalise sports betting within its borders. The decision means that the case will be heard in the country’s highest court, with New Jersey having to convince five of the court’s nine justices to side with it against the Professional and Amateur Sports Protection Act …
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The legislation of licensed sports betting, is back on the US Congress’ menu after a committee revealed the first draft of the ‘The Gaming Accountability & Modernisation Enhancement Act’, which will be referred to as the GAME Act. Proposed by the House Energy & Commerce Committee, the draft bill aims to outline federal provisions required for US states who …
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Could US legalised sports betting finally have a Supreme Court backer in newly appointed Justice Neil Gorsuch? US betting stakeholders are questioning whether the new Republican Justice will push for a review and reworking of PASPA provisions by the country’s most powerful court. Following a tough confirmation process, President Trump confirmed the appointment of Gorsuch last week as new ‘seat …
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Updating the market, Stockholm Nasdaq-listed Catena Media has entered the regulated US online gambling market by confirming the acquisition of licensed affiliate website assets from three separate US founders. Specifying acquisition details, Catena governance stated that it had agreed to pay an upfront cash and shares deal valued at $15 million, with 25% of the deal being settled through a …
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