It is a lucrative time of year for Nevada, where more than $200 million will be wagered in sports books on the men’s college basketball tournament, a pot of money that has budget-crunched states across the country pushing for a piece of the action despite strong opposition from the N.C.A.A. and other sports leagues.
Read More . . .Yesterday's Financial Times reported that the US states that are legalising online gambling want to link up with other countries to create a global market of regulated internet betting jurisdictions.
Read More . . .Most US gambling operators do not understand remote betting, says Brian Mattingley, chief executive of London-listed online gambling operator 888 Holdings.
Read More . . .Pathological sports gamblers didn't fare any better at predicting the winners of a soccer tournament than laypersons with limited knowledge of the game.
Read More . . .Last March, approximately $289 million was bet on basketball, both pro and college, at Nevada sports books. Nevada Gaming Commission does not track wagers on college basketball separately, but, for some perspective of the NCAA Tournament's impact, the $289 million bet on basketball last March nearly doubled ($156 million) what was bet on hoops last February.
Read More . . .It used to be you had to go all the way to Las Vegas to play the slots. But soon, you may be able to gamble on your smartphone.
Read More . . .December we first talked about Zynga, Inc. (ZNGA) being very undervalued and why investors should look to investing in the stock.
Read More . . .American online gaming operator Caesars Interactive Entertainment Incorporated has appointed marketing agency Zambezi to promote the upcoming launch of real-money poker games on WSOP.com.
Read More . . .For a roomful of people who, as former Senate President Mike Haridopolos said during his luncheon address "historically don't like each other very much," the 8th Florida Gaming Congress is like a third-grade classroom of teachers' pets, all with hands folded and legs crossed.
Read More . . .Zynga Inc. (ZNGA), the biggest maker of online social games, surged the most in two weeks on optimism that other U.S. states may follow Nevada in legalizing real- money gambling over the Internet.
Read More . . .Sports gambling could generate a huge income for the state, supporters of a House bill claim.
Read More . . .Shareholders of both Sportingbet PLC and GVC Holdings have approved the joint bid by GVC and UK bookie William Hill to acquire Sportingbet for cash and shares worth £492.5m.
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