On Wednesday a court of twelve judges heard the case of whether New Jersey’s plan to introduce sportsbooks to its casinos and racetracks is legal under federal law. The potential market in the USA is huge, as evidenced by the case of Nevada. Sports betting is legal there and $4.2bn (£2.9bn) was taken in wagering last year. Unsurprisingly many states are …
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New Jersey regulators allow bwin.party services under GVC ownership
The New Jersey Division of Gaming Enforcement (NJDGE) has cleared bwin.party Entertainment to continue to operate online gambling services (online poker and casino) under the ownership of GVC Holdings (GVC). GVC who have cleared all regulatory conditions to takeover bwin.party, are in the process of transferring the operators New Jersey license to its new enterprise. NJDGE will allow bwin.party to …
Read More »Promotional Analysis of Sky Bet’s Major Golf Offer
Jordan Spieth, Jason Day and Rory McIlroy are the current superstars of world golf. Having collected 5 of the last 8 major championships between them, the trio are expected to dominate again this year. Indeed, Sky Bet came straight in with a special market, offering inflated odds for the new ‘Big 3’ to land all four major titles between them …
Read More »Betfair gains first New Jersey exchange wagering license
FTSE listed Betfair has achieved a significant breakthrough for its US operations, by gaining the first ever exchange wagering license granted by the New Jersey Racing Commission (NJRC). Betfair US in partnership with Darby Development the racetrack operator of Monmouth Park had its wagering exchange services granted approval by the New Jersey Sports & Exposition Authority (NJSEA). Following a review …
Read More »FanDuel hits back after being told to ‘cease & desist’ in New York State
DraftKings and FanDuel have been dealt another regulatory blow in the US after New York Attorney General Eric Schneiderman sent the two Daily Fantasy Sports (DFS) operators cease-and-desist letters demanding that they stop ‘illegally accepting wagers in New York State’. Schneiderman’s actions come after his office conducted a one-month investigation into DFS which concluded that the daily contests are essentially …
Read More »Cornish hotelier hoping for £60,000 Trump
William Hill will be paying over £60,000 to a Cornish Hotelier if Donald Trump wins the US Presidential Election. John Mappin has staked a series of bets – the most recent one of £1538.46 is the biggest, placed at odds of 13/2 on today – which will result in a £60,000+ payout if the one-time 150/1 outsider ends up in the …
Read More »Appeals Court to reconsider New Jersey Sports Betting appeal
Following numerous federal court rejections, favouring the 1992 Professional and Amateur Sports Protection Act (PASPA), New Jersey sports betting appeal is set to be reconsidered by the 3rd Circuit Court of Appeals in Philadelphia. The decision marks a u-turn on behalf of 3rd circuit judges who voted in favour of re-hearing oral arguments and reviewing court briefings. The decision to …
Read More »Wynn backs out of New Jersey online gambling
It appears that casino mogul Steve Wynn will pass on a return to New Jersey as US new sources report that Wynn Resorts Ltd has withdrawn its application for a state online gambling licence. Its digital gaming subsidiary Wynn Interactive is said to have withdrawn its application a month ago with New Jersey’s Gaming Enforcement Division having examined the opportunities …
Read More »New Jersey Congressman Pallone calls for a legal review of fantasy sports operators
New Jersey Congressman Frank Pallone has urged for a congressional hearing to review the legality of fantasy sports operators targeting US consumers. Pallone who supported New Jersey’s failed attempt to legalise sports betting in licensed gambling premises (casinos and racetracks), told US news sources that there appears to be little difference between sports wagering and popular fantasy sports products. “Fans …
Read More »New Jersey DGE approves NetEnt services
iGaming content provider NetEnt announces today that it has received a transactional waiver for Borgata and bwin.party brands. The granting of a transactional waiver from the New Jersey Division of Gaming Enforcement, allows the content provider to launch its digital gaming products via Borgata and bwin.party brands. Having applied to the New Jersey Division of Gaming Enforcement, DGE for a Casino Service …
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