The battle for esports betting between some familiar names in sports-betting and a handful of esports-only operations is on. In the race to pick up customers, which is likely to be the right approach to win over the esports audience?
An Illinois bettor who missed out on a nearly $32,000 horse racing betting payout due to a horse that tested positive for a banned substance received a $20,000 settlement last month from a lawsuit initiated against the horse’s trainer and owner.
Nearly five years ago, during the whole, “PokerStars dismantles its Supernova Elite program” fiasco, I wrote an article that equated the online poker ecosystem to gyms. Five years later, the online poker ecosystem remains an unsolved riddle. Little has changed, and the same debates are still raging.
One of the most significant non-COVID developments in 2020 is the unification of DraftKings and SBTech into a single company. The reverse merger saw the daily-fantasy-sports-turned-sports-betting-company go public with a multi-billion-dollar valuation.
New research by the American Gaming Association (AGA) points to legality as one of the core issues on bettors’ minds when they choose to place bets.
There’s a tendency to view sports bettors as a single group, but the reality is gamblers come in all shapes and sizes. A recent report issued by BetGenius, a sports data and software company, shows how much variety there is in the burgeoning legal US sports betting space.
Like virtually every other industry, the legal US gambling industry is attempting to rebound from COVID-19. So far, the road to reopening has been a bumpy ride.
From the century-old Black Sox Scandal to Pete Rose and Tim Donaghy, sports are littered with well-known gambling scandals.
There’s a common saying that goes something like this: some people insist on learning lessons the hard way. And when it comes to sports betting policy, some states seem to fall squarely into that category.
A prominent talking point during the current Covid-19 crisis is how DraftKings – a company that is all about sports – has made such a success out of a flotation which came when there was almost no sport available.
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