The PGA Tour announced Thursday it will attempt to resume its season in mid-June, giving sports betting a jolt of optimism during the COVID-19 pandemic that has shuttered almost all live sporting events around the world.
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DraftKings, SBTech, and Diamond Eagle Acquisition have officially merged. The result makes the new entity, listed as DKNG, the first publicly traded Sportsbook on the New York Stock Exchange, valued at $2.7 billion. This is a major step for not only DraftKings, but the world of online sportsbooks and sports betting.
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2CV and ProdegeMR’s survey showed that 59% of gamblers have reduced spend on gambling, with 32% having actively looked for new things to bet on and 24% shifted their focus to other forms of betting. 22% of gamblers who have not previously tried esports betting will consider doing so within the next 3 months, and 62% of respondents said they needed more information on the sector.
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The PGA Tour has announced that its campaign will resume on June 8 after releasing its revised schedule which concludes on September 8 with the Tour Championship. The Tour was originally targeted to resume on May 18 with the Charles Schwab Challenge. However, due to the growing COVID-19 concerns and The Players Championship being cancelled, the event will now take place on June 8.
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With virtually all sports action having come to a grinding halt for the time-being, sports gambling fans haven’t had many options for release, but the upcoming NFL Draft is providing the perfect solution. With just a week to go before the big event, some sportsbooks are witnessing greater amounts of action than ever before.
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According to gamblers, Andrew Cuomo is currently the Democrat most likely to become president behind Joe Biden, with about a 3 percent chance of winning the White House in November. Slim odds, true, but by the time Bernie Sanders—a candidate with an actual campaign and delegates—dropped out of the race last Wednesday, Cuomo had already moved ahead of him.
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Online casino and sports betting solutions provider Gaming Innovation Group (GiG) today announced that it has partnered with virtual sports expert 1X2 Network to offer virtual sports to its operator partners at a time when all major sports around the globe are halted.
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Iowa’s state-licensed casinos are coming to grips with the grim-looking revenue projections brought on by a coronavirus pandemic that has closed their doors and shut down sports wagering opportunities at least into next month.
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Research conducted by US online social poker room Global Poker has revealed that the use of online poker sites in the United States has increased by 43% following the implementation of the COVID-19 imposed social distancing and lockdown measures.
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The 2020 NFL Draft will also serve as a three-day virtual fundraiser, benefiting six charities that are battling the spread of COVID-19 and delivering relief to millions in need.
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For as long as games of chance have been around there have been gamblers who’re convinced that they can beat the house by doubling their bets after losses. This is so popular that it even has a name. It’s called the Martingale system.
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Will there be a 2020 Major League Baseball season? Commissioner Rob Manfred is doing everything in his power to try and make that happen, although it obviously will be much shorter than 162 games. One interesting report last week was that MLB could abandon the traditional American and National League split and instead have a Grapefruit and Cactus League. Divisions would then be split up by proximity of spring camps in Florida and Arizona.
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