Sheldon Adelson has been a thorn in the side of US online gambling efforts since he publicly voiced his opposition to it in an infamous Forbes article from November 2013. His motives have often been questioned, but two things were always inevitable:
Scott’s Take: Taking advantage of the opportunities afforded by the expansion of sports betting and online gambling in the USA is dependent on one key factor – market access. As was shown in mid-December by the deal announced by Penn National to buy back the Hollywood Casino Perryville in Maryland, having automatic access to a…
Bitcoin has been the domain of illegal offshore sportsbooks and gambling sites for quite some time now in a post-UIGEA world, but a patent recently acquired by International Game Technology (IGT) has brought cryptocurrency one step closer to mainstream adoption in the regulated gambling market.
This post lays out the team at Betting USA’s 21 best predictions for the gambling world in 2021. Each prediction was revisited at the end of 2021 to see what we got right, and what we got wrong. The following predictions are divided into sets of seven, the first focuses on US sports betting, while…
A few months ago, we reported on the launch of a new responsible gaming tool, PlayPause, by the non-profit group Conscious Gaming. The GeoComply-powered technology allows gamblers to self-exclude through one single action across multiple jurisdictions.
Search engine giant Google is allowing YouTube users in the United States to opt-out of ads for gambling and alcohol. Google Ads and non-US YouTube users will gain this option in early 2021. YouTube users can still expect to run into contextual ads related to alcohol and gambling, based on the sites they visit.
Another level of resonance to the apparent symbiosis between day trading and sports betting was added after financial regulators in Massachusetts alleged that Robinhood failed to protect novice investors. The 23-page complaint from the office of Secretary of the Commonwealth William Galvin claimed the popular day-trading app allowed investors to take “unnecessary risks.”
Every year, between 1200 -1500 licensed jockeys race at tracks across the United States. This is a tough and unforgiving career, especially in a year marked by a drastic decrease in race days. At the bottom rung, you may earn less than $20,000 a year, if you race regularly. Jockeys who don’t get to ride…
Payment processing has improved since the early days of legal online gambling in the US, but it’s still nowhere near the hassle-free experience the industry desires. And, according to a research note from Eilers & Krejcik Gaming, it looks like things will get worse for online gambling payment processing before they get better.
The likelihood of an IPO for Flutter’s US interests increased yesterday after the company announced it had upped its ownership of FanDuel in a deal worth $4.18 billion. The accelerated acquisition process will see erstwhile FanDuel owners Fastball cash in their 37% stake in FanDuel.
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