Connect with us

Latest News

Race to Capitalize on U.S. Sports Betting Set to Continue in 2019 says GamblingCompliance

Published

on

pexels-photo-1069000 Race to Capitalize on U.S. Sports Betting Set to Continue in 2019 says GamblingComplianceReading Time: 2 minutes

 

The number of U.S. states with legally approved sports betting will more than double in 2019 from 9 to 18 or more as lawmakers capitalize on last year’s U.S. Supreme Court ruling that overturned a federal ban, according to a report published today by GamblingCompliance.

As many as 33 states are expected to consider bills to regulate sports wagering during their 2019 legislative sessions, the ‘2019 U.S. Sports Betting Outlook’ report predicts. Of those, between six and 13 states are tipped to pass legislation, while other states are expected to move forward this year under the terms of laws already on the statute books.

Leading the pack of states most likely to pass bills or adopt implementing regulations are New YorkMichiganIndianaArkansasKentucky and Connecticut, plus the District of Columbia. Other key states to watch include IllinoisMassachusetts and Ohio, but the odds remain stacked against any federal legislation in Congress that might halt the spread of new enabling laws.

Still, getting bills over the goal-line will not prove to be an easy task for state lawmakers.

“Several prominent states will pass bills in 2019, but none of them will find the discussions straightforward or free from lobbying conflict – and lawmakers will invariably find sports betting to be a more complicated issue than they anticipated,” said James Kilsby, Managing Director – Americas for GamblingCompliance and an author of the report.

“If the story of 2018 was the running battle between major sports leagues and gaming interests over sports betting policy, then the lobbying field will be even more crowded this year as the needs of state lotteries, Indian tribes and non-casino sports brands come into play in state houses across the country,” Kilsby said.

GamblingCompliance’s U.S. Sports Betting Tracker, the industry’s go-to analysis service, projects legal sports wagering in the U.S. to be worth approximately $648m in revenue* in 2019, versus an estimated $400m in 2018. Total revenues should then grow to $1bn+ in 2020 and could even exceed $2bn if legislative trends follow GamblingCompliance’s most optimistic scenario for this year.

Elsewhere, the GamblingCompliance report identifies six common legal and lobbying obstacles that will weigh on state legislative processes. It also highlights key market trends to monitor in 2019.

Revenue is the amount retained by sports-wagering operators after all winnings bets are paid. Revenue is not handle, or the total amount staked by bettors.

About GamblingCompliance
Based in London and Washington D.C., GamblingCompliance is the leading provider of independent business intelligence to the global sports betting industry. Our U.S. Sports Betting Tracker service provides the perspective that gaming and sports industry executives, advisers and investors need to capitalize on the emergence of a major new market that is set to become the largest in the world within just a few years. For more information, visit https://gamblingcompliance.com/us-sports-betting

For a free copy of the report, please click here.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Race to Capitalize on U.S. Sports Betting Set to Continue in 2019 says GamblingCompliance

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Latest News

Top-6 mobile Casino Apps in 2019

Published

on

Top-6-mobile-Casino-Apps-in-2019 Top-6 mobile Casino Apps in 2019Reading Time: 3 minutes

 

The mobile casino is a way of life. Many players prefer to play online roulette, poker, baccarat, slots and many other games on their mobiles. Nowadays, any online casino and online live casino offer you the option to play your favourites games on your mobile no matter where you are. All that you need is a mobile device and access to the internet.

 

So, before you get into the Google Play, in the AppStore or sign-up directly to a slot site check the guide the lads from the slotslad.com created for you. They provide you with the top six casino apps in 2019 for a mobile casino. Decide which of them suits you more and make your choice. Then download the ideal one according to your needs.

 

  1. Slotomania

Playtika has developed a fantastic application. It is among the most popular online apps. If you check out the Slotomania’s facebook page has 14.000.000 likes! The Google Play Store has rated Slotomania with 4.4 stars.

It is also more than popular at iOS. You can download it and play for free at 160+ slots per day. You can find titles such as Magic Trixie, Grand Phoenix and many more.

  1. Wizard of Oz: Casino Slots

Wizard of Oz offers something particular. It is an app where you can find only slots. If you like to try many casino games, then that is not an application for you. However, if you want to have some cherished and vivid memories of your childhood, then download this app.

You will enjoy slots inspired by nostalgic movies. This app is available in all the mobile devices no matter if it is an iOS or Android.

  1. HugeFun: Slot Machine Games

If you want to play for free. Huge Fun is compatible with Android and iOS. You can spend some time with virtual currency and explore any slot of your preference. Download the application, make your registration and you will get 20.000.000 free coins. That is a  unique bonus to give you the ability to try as many games as you want. HugeFun is an excellent choice for any player who wants to have fun without risking any pocket money.

 

  1. Slots: Jackpot Party Casino

With more than 110 exclusive slots, that is an application that will not let you down. You can download it either on your Android or iOS device. Besides, any new player is rewarded with 6.000.000 coins! Furthermore, you can grab daily bonuses, register your participation in tournaments and hunt progressive jackpots. It is a unique experience that you have to try.

  1. Free Slots Casino – Adventures

Do you want to play for free and start with 250.000.000 coins as a registration bonus? You do not have to worry if we are joking because we don’t. Download the Free Slots Casino-Adventures, and that will become true. You do not have to risk your money. Play for free at more than 50 fantastic slots. Apply your strategy, find out the rules of any game, and become a better slot player. Do not miss the chance to take a perfect “training” at this app.

  1. Casino Games – Slots

Play for free no matter if you are online or offline! Yes, that is possible with this application. Download the Casino Games-Slots to your iOS or Android device. After that, the app works offline also.

More than 50 games are available. Besides you will get a welcome bonus of 250.000.000 free chips, free chips every 15 minutes, and more daily rewards. It is a full package that offers you action 24 hours per day no matter if you are connected or not.

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Top-6 mobile Casino Apps in 2019

Continue Reading

Latest News

Bet.Works Appoints Jay Rood As Chief Risk Officer

Published

on

JAY-ROOD Bet.Works Appoints Jay Rood As Chief Risk OfficerReading Time: 2 minutes

 

Bet.WorksTM  a US-based iGaming and sportsbook platform supplier, announced today that Mr. Jay Rood has joined the company as Chief Risk Officer.

Mr. Rood is a legendary Las Vegas gaming executive and sports betting innovator with over 25 years of experience in sportsbook operations.

Mr. Rood has had a storied career in gaming and sports betting which began in Lake Tahoe working for Caesars back in 1992. 

Mr. Rood joined MGM when it opened in December 1993 as a ticket writer and worked for the operator for over 25 years ultimately overseeing all of MGM’s sportsbooks including ten in Nevada, two in Mississippi and one in New Jersey as the expansion of sports betting has swept across the USA following the PASPA repeal in 2018.

Mr. Rood joins Bet.Works at a pivotal moment in US sports betting history as more than 30 states are expected to legalize Sportsbooks over the next 12 24 months.

Sixteen states have already passed legislation as eight states are live with eight states pending launch. The US sports betting market is estimated by Morgan Stanley to be approximately $400 billion and is comprised of an estimated 44 million US citizens who wager annually. 

Bet.Works’ Founder/CEO, David Wang, said: I had the privilege of working with Jay in the past and his 25 years of sportsbook operations will help take the company to the next level.

“There is no one more qualified to lead our organization as we deploy in more states in the coming months. Jay and our in-house Las Vegas-based trading and risk team will oversee all of the brands on the Bet.Works platform with a significant emphasis into advanced in-play wagering via our technology platform.”  

Jay Rood, Chief Risk Officer at Bet.Works, said: “I am excited to be joining a group of extremely experienced and talented individuals at Bet.Works focusing on servicing the emerging sports betting industry with unique and powerful technology and a team that has extensive knowledge in the US betting market.

“David Wang’s vision and drive is contagious, and I believe he has positioned Bet.Works to be the provider of choice for gaming operators looking to enhance their offering to their guests.”

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Bet.Works Appoints Jay Rood As Chief Risk Officer

Continue Reading

Latest News

Iowa Racing and Gaming Commission Plans to Issue Sports Betting Regulations by July 1

Published

on

iowa-capitol Iowa Racing and Gaming Commission Plans to Issue Sports Betting Regulations by July 1Reading Time: 1 minute

 

The Iowa Racing and Gaming Commission has revealed that it is working to develop rules for sports betting. Iowa became one of the latest states in the US to legalise sports betting after the Governor signed the bill into law in May.

Administrator Brian Ohorilko said that they are planning to upload the rules on their website by July 1. He added that the commission will hold a meeting on July 30 in West Des Moines to take action on sports betting and start accepting applications from casinos interested in offering sports betting services.

“The industry is requesting a pretty aggressive timetable to have things implemented by August. We’re doing everything we can to do that, but making sure that we’re doing it the right way,” Ohorilko added.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Iowa Racing and Gaming Commission Plans to Issue Sports Betting Regulations by July 1

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.