Delaware Ready For Sports Betting Top officials say there are no obstacles to offering single game betting following recent US Supreme Court rejection of PASPA The state of Delaware could be among the front runners in offering sports betting following the US Supreme Court decision earlier this week overturning the 1996 Professional and Amateur Sports Protection Act. Delaware was one...
Paddy Power Betfair will initially own 61 percent majority of the combined companies and take operational control Paddy Power Betfair plc (PPB) has confirmed it has entered into an agreement that will see its Betfair US business combine with daily fantasy sports firm FanDuel. PPB will own 61 percent of the combined companies initially, with existing FanDuel investors owning 39...
YouGovUS study claims that younger punters prefer to gamble in the digital space A study by YouGovUS has shown that US consumers aged 18-34 are more likely to agree (50 percent) that online gambling should be legal than disagree (28 percent), and that Americans aged 35-49 favour online gambling, while consumers aged 50-64 are divided on the issue and the...
Confusion as conflicting versions of governor's meeting emerge Yesterday's reports that West Virginia has agreed to pay an "integrity fee" to US sports leagues in the event that it is able to offer sports betting by the US Supreme Court (see previous InfoPowa report) has been followed by denials that any such agreement was reached. Earlier this week, state governor...
New Jersey's Online Gambling Maintains Upward Growth Curve Revenues in April rise 10.6 percent y-o-y at $23 million Figures released Monday by the New Jersey Division of Gambling Enforcement show that online gambling continued its upward monthly growth path in April, rising 10.6 percent year-on-year to $23 million. April's revenues were the second best since online gambling was legalised in...
US Federal Court Strikes Down PASPA (Update) New Jersey wins landmark sportsbetting appeal In a landmark ruling, the U.S. Supreme Court, by a vote of 7 to 2, has thrown out the Federal Professional and Amateur Sports Protection Act (PASPA) in the case MURPHY, GOVERNOR OF NEW JERSEY, ET AL. v. NATIONAL COLLEGIATE ATHLETIC ASSN. ET AL.. InfoPowa readers will...
Colorado-based First Capital Ventures stumps up another $600,000 Antigua-based eSports operator Esports Entertainment Group (EEG) has announced a further $600,000 investment from Colorado-based First Capital Ventures, adding to a similar amount the US company invested in March last year. Today's financing announcement represents the exercise of warrants held by First Capital and demonstrates the firm's continued commitment and confidence in...
Grand National horseracing provides a hectic backdrop in video presentation Scientific Games Corporation has produced a behind the scenes video to give an insight into SG Digital’s busiest trading event of the year, the day of the prestigious Grand National horse race Over the three days of the 2018 Aintree Festival, SG Digital’s OpenBet platform processed more than 34 million...
If sports betting becomes more legally available in the USA, the operators in West Virginia will have to pay up The efforts of the sports leagues to get money for nothing in the form of an "integrity fee" if the US Supreme Court liberalises the sports betting market will pay off in West Virginia. The state's sports betting bill, contingent...
Legislative season ended this week with no progress for proposals on daily fantasy sports, sports betting, online lottery, online casino and poker Hopes that last-minute progress may be made on gambling bills before the Connecticut lawmakers were dashed Wednesday when the legislative season closed with no meaningful advances, resulting in the bills on daily fantasy sports, sports betting, online lottery,...
