Joonas Karhu, Chief Business Officer at Bojoko, talks about some of the lessons the award-winning affiliate has learned from the European market and how they can help companies targeting the US. There is no doubt about it; the US will become the largest, legal online gambling market in the world as states continue to embrace regulation and licensing and open …
Read More »Tag Archives: Professional and Amateur Sports Protection Act
Martin Lycka: Supreme Court’s (sports betting) punt return and beyond
In the second of a series of columns on international gambling legislation, GVC’s Director of Regulatory Affairs Martin Lycka takes a look at the current activity around sports betting in the US and tracks how the industry has arrived there and where it should go next. It is 14 May 14 2018, which may be the US football offseason, yet …
Read More »Oryx Gaming set to acquired by Breaking Data Corp in €7.5m deal
GIVEMESPORT owners Breaking Data Corp has revealed plans to make a strategic manoeuvre into the betting and gaming world, via the strategic acquisition of Oryx Gaming for €7.5m. Renaming the firm Bragg Gaming Group upon completion, ex-NetPlay TV Chief Financial Officer Akshay Kumar is set to be brought in to occupy a similar role, as Breaking Data plans to leverage …
Read More »Betting on Sports 2018 “a unique opportunity” for the PGA TOUR
The changing landscape of sports betting across the USA has been long debated by many quarters, since that monumental day on May 14, when the US Supreme Court found in favour of New Jersey and repealed the Professional and Amateur Sports Protection Act (PASPA). As the writing, debate and speculation continues, acquisitions are made and new relationships formed, while the …
Read More »US sports players associations speak out on PASPA
Players associations representing athletes across four key sports within the United States have joined together to release a statement regarding the prospect of legalised sports betting within the country. Union’s for professional players across baseball (MLBPA), basketball (NBPA), American football (NFLPA) and ice hockey (NHLPA), have today (Thursday April 12) issued the following statement: “Given the pending Supreme Court decision regarding …
Read More »AGA speaks out on illegal US sports betting industry
The American Gaming Association (AGA) has estimated that in excess of $10bn will be wagered by Americans in the upcoming 2018 NCAA men’s basketball tournament. Of that figure, however, only $300m, representing around 3 percent, will be wagered legally through Nevada sportsbooks, with it stated that “failed federal prohibition [is] making common criminals of millions of Americans.” In addition, it …
Read More »New York seeking sports leagues integrity fee compromise
Another state in the USA has introduced a new bill seeking the introduction of sports betting, ahead of the potentially landmark decision by the Supreme Court (SCOTUS) in the New Jersey v NCAA case. Put forward by Senator John J Bonacic, chairman of the Committee on Racing, Gaming and Wagering, bill S7900 would amend the current racing, pari-mutuel wagering and …
Read More »Expert Focus – All on the line in New Jersey’s battle of PASPA
All eyes are set to fall on the USA today, as the Supreme Court of the United States (SCOTUS) hears oral arguments from New Jersey officials regarding the constitutionality of the Professional and Amateur Sports Protection Act (PASPA). With a distinct focus on New Jersey’s bid to offer licensed sports betting, the state has already faced seven losses in federal …
Read More »New Jersey congressman makes case to end federal sports betting ban
New Jersey Congressman Frank Pallone has voiced his belief that the federal ban on sports betting should be lifted. Pallone, a member of the Democratic Party, did so during a congressional hearing relating to the safety and regulation of mixed martial arts (MMA) in the state. He used the opportunity to shine a spotlight on the Gaming Accountability & Modernisation …
Read More »AGA wants Trump administration to repeal failed PASPA
Geoff Freeman the President & CEO of the American Gaming Association (AGA) has requested for the impending Trump administration and the Supreme Court to review the Professional and Amateur Sports Protection Act (PASPA) which has outlawed sports betting in the majority of US states. The AGA stands by its claim that PASPA provisions which have limited legal sports betting to …
Read More »