Missouri Senate hears sports betting bill but takes no action
Summary: A Missouri Senate committee Wednesday did not take action on a sports betting bill passed out of the House last month, though lawmakers had a chance to hear from and question legal wagering’s would-be stakeholders ahead of future action which could take place in the coming weeks. Why it matters: After passing with strong […]
Pennsylvania players’ use of gambling limit tools doubles in past year
Summary: Self-imposed online gambling limit tools were used by 85,000 player accounts in Pennsylvania over the past 12 months. That number is more than double the previous year, according to Pennsylvania Gaming Control Board director of compuslive and problem gambling programs Elizabeth Lanza. Why it matters: While Pennsylvania online gambling booms, the numbers reported by […]
Thousands in missing funds reported at offshore poker site
Summary: USPoker published an article on reports of thousands of dollars in player funds missing at a U.S.-facing offshore online poker site. The USPoker piece summarizes the findings of Poker Fraud Alert, an independent poker media outlet run by longtime player Todd Witteles. Why it matters: The incident marks the latest chapter in a history […]
Barron’s Carleton English on how sports betting companies make money
How Do Online Sports Betting Companies Make Money? What Investors Should Know. | Business of Sports6:07Online sports betting is one of today’s most buzzed-about industries, yet sports betting companies themselves have faced significant challenges. We unbox the difficulties some gaming companies have in turning a profit—and where investors may find opportunities.Apr. 5, 2022Uploaded by Barron’s
Esports Entertainment launches first New Jersey esports betting site
Summary: New Jersey’s first full-service esports betting platform is live, launched Monday by Esports Entertainment Group. The EEG site, called VIE, is the first licensed esports-focused betting site to go live in North America. Why it matters: Esports betting only represents a small fraction of overall sports betting handle in the U.S., making it a […]