Category: Gambling News

Our Gambling News section contains the latest gambling news from the global gambling industry. Find out the latest gambling software innovations, new developments in regulation, tech, gambling trends and more. Discover the latest updates on local and international gambling markets near and far.

Regulators Mull eSports Betting in Nevada Sportsbooks

October 26, 2022 / gambling news / 0 Comments

Nevada is one of the most established gambling markets in the world. It is also one of the most innovative. Even with online sports betting and online gaming, they always provide their players with an experience up to the standards of Vegas gambling. Adding eSports to your bookie pay per head sportsbook is not something that all sportsbooks do. Nevada regulators want to know more about eSports betting, and they want to be able to see regulated eSports betting in Nevada sportsbooks.

Thus, an eSports Technical Advisory Board was formed. This committee will be proposing amendments that will regulate and streamline what sportsbooks must do to offer eSports betting. Much like in a pay per head sportsbook service, eSports betting can help boost the local betting market given how popular it is becoming.

Streamlining eSports Betting in Nevada

The committee will then forward their recommendations to the Nevada Gaming Commission and the Nevada Gaming Control Board. Once the regulations pass both offices, sportsbooks in the state can now offer eSports betting in Nevada. The recommendation proposes that prior approval would not be needed if they comply with certain rules.

eSports betting is technically legal in Nevada, but its classification under the law means that operators will need prior approval before they can offer eSports wagering. By streamlining this, operators will have to spend less resources and time filing for approval. Once of the challenges bookies experience is being able to offer the best and the latest gambling products to their players. The less resistance and obstacles bookies face, the better the outcome and revenue.

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Sports Betting Could Be Legalized in South Carolina Soon

April 22, 2022 / gambling news / 0 Comments

We could see sports betting in South Carolina legalized soon, as new legislation has been presented to the House in Columbia. House Bill 5277 plans to legalize sports betting in the state. However, the bill only specifies 8-10 online sports betting licenses. Offering online betting will be a great convenience for residents, as those who are working to be an online bookie know just how profitable that can be.

Many bookie pay per head users are reporting even better numbers this year than last year, so the potential to earn from sports betting, especially from online platforms, is quite high. This bill, for example, is very inclusive, as it allows betting on both professional and college sports, e-sports, motor sports, and other events such as the Olympics. Other states restrict betting to specific sports.

Sports Betting in South Carolina

The bill in now currently in the House Judiciary Committee for discussion and voting. This will then move through a few more committees, before being subject to voting on the floor. Once it gains house approval, it will then be moved to the South Carolina Senate for discussion and voting. Its last step would be to the office of the Governor.

However, this bill will need to get approval in such a tight timeline. The legislative session ends on May 12, giving the bill less than a month to make the rounds. The bill also states that there will be a 10% tax on revenues. As for payments, digital, virtual, and even cryptocurrencies may be used to place their wagers. If you want to know more about sports betting, check out these sports betting reviews.

Jake Schindler Wins 2022 Super High Roller Bowl Europe

April 16, 2022 / gambling news / 0 Comments

In the latest online poker news, Jake Schindler wins the 2022 Super High Roller Bowl Europe, and takes home $3.2 million. The American pro poker player beat over 32 entries to win this tournament. Schindler’s lifetime earnings is now at almost $33.9 million. This is, however, not the first time that Schindler attempted to win the prestigious poker tournament.

Back in 2017, when online poker was also gaining popularity, Schindler placed a runner up to the Super High Roller Tournament. Back then, it was a $300,000 buy in event. Five years later, he now claims the top spot in the $250,000 buy-in no-limit hold’em tournament. This is also his 30^th career tournament title.

Jake Schindler Wins the Super High Roller Bowl

Schindler’s achievements now also pushes him to the 13^th spot in having the highest tournament winnings in poker history. For this year, he has 8 final-table finishes, 3 titles, plus around $4.8 million in year-to-date POY winnings. This makes him take the 8^th place in the 2022 POY race sponsored by Global Poker. In addition, he also earns 600 PokerGO Tour points as the champion of this event, which now gives him a total of 1,472 PGT points, and is 3^rd place in the leaderboard.

The Super High Roller Bowl took 2 days to go through 32 entries down to the final 7 contenders. Only 5 of these contenders will be able to cash in in this high stakes poker tournament. Aside from Schindler, Paul Phua, who takes the 2^nd place, wins $2.08 million and POY points. Christoph Vogelsang sits in the 3^rd spot with $1.28 million in earnings and 320 points. Poker, even at lower stakes can be profitable for any who wants to join tournaments. However, you can earn a lot, and more regularly, if you create your very own online casino and sportsbook through a bookie pph service.

New York Approves Las Vegas-Style Casinos

April 15, 2022 / gambling news / 0 Comments

Gambling has always been available in New York. However, accessibility was a main concern. But when mobile sports betting blew up in New York, a billion-dollar industry boomed, and now there is more to follow. In the latest casino news, New York city will be having Las Vegas-style casinos soon.

The New York City area will have three full casinos, which could be somewhere within the city’s five boroughs, on Long Island, or in the lower Hudson Valley. This is based on the details from the $220 billion state budget that the state’s legislature approved last week. Many PayPerHead bookies have been enjoying heavy gaming and sports betting action in New York, so extending retail casinos could increase the gambling numbers in the state.

New York Approves Las Vegas-Style Casinos

Gambling companies that wish to operate these casinos will go through a bidding process. They may pay around $500 million, at the minimum, to gain a license to operate a casino. Currently, there are two gaming properties that are running in New York City. However, these sites do not offer table games, as they are only allowed to offer slot-style terminal games, similar to online slot machines.

But should they be granted a full license, they could expand their operations to offer a full-service casino. This means table games such as blackjack, craps, and poker. Currently, the factors in choosing a location on where to allow these casinos to run is still not final, with an advisory committee to consult with. The state may opt to select locations that will benefit the most economically.

Dubai Could Be Next Gambling Hotspot

April 13, 2022 / gambling news / 0 Comments

Yes, it sounds very impossible, but what began as rumors and whispers within the Global Gambling industry is now starting to gain more ground. We could soon see gambling in the United Arab Emirates (UAE) and see a new gambling hotspot. One of the smaller of the emirates, Ras Al Khaimah (RAK), has recently announced that they are planning to allow a regulated gambling market in certain resorts. The middle east is, of course, quite an interesting market for gaming as well as the PPH sportsbook industry.

In a similar report in online gambling industry news, Wynn Resorts of the Las Vegas Casino fame, has also announced that they will be building a resort in a man-made island. This resort will be licensed for gambling. This is, of course, surprising news for a region that has traditionally been unfriendly towards gambling.

Dubai as the Next Gambling Hotspot

Currently, people who want to gamble in the country could do so, if they would visit Lebanon’s Casino du Liban, or some Egyptian hotels. In the UAE, each emirate will have the authority to decide if they will want to regulate gambling in their area. This policy would be similar to how Sharjah does not allow the purchase of alcohol, while other emirates allow it.

There is no specific timeline announced, but many insiders believe that this could happen soon. Given that the interest in gambling in the UAE is now gaining traction, many gambling companies will now be looking into investing in the country. Currently, residents have access to the Loto, as well as some race courses. However, there is also no information if this will be a foreigner-only industry, or if citizens will be allowed to gamble as well.

Iowa Sports Betting Handle Increase in March

April 12, 2022 / gambling news / 0 Comments

We are seeing an increase in sports betting activity across sportsbooks in Iowa. The state reports a total monthly Iowa sports betting handle of $233.5 million. This shows a 5.2% growth from February’s $215.9 million. It is also 44.7% higher than March 2021’s $161.4 million. The year on year growth in handle is nothing short of remarkable, and inspiring for those who want to create their own sportsbooks. A good resource for those learning is this piece on how to be a bookie for dummies.

Online sports betting takes up $208.2 million, which is 6.8% higher than February’s $195 million. Its year-on-year data for March also gives us a large growth margin at 49.4% from $1139.4 million in March 2021. Given how popular sports betting is in the state, it will not be a surprise if we will be seeing higher betting handles in the months and years to come.

Iowa Sports Betting Market

A lot of preferred sportsbooks typically report higher handles in US betting markets due to the NCAA tournaments, specifically the men’s and women’s basketball tournaments. Iowa’s boost in sports betting handle may be coming in from college basketball wagers. Especially with so many in-state teams joining the tournament.

For one, we have the Iowa Hawkeyes, where the men’s basketball team who won the Big Ten Tournament Championship, as they beat Purdue for the title in a 75-66 finish. The women’s basketball team also won the Big Ten Tournament, giving the school two conference titles in just one season. The Hawkeyes bowed out in the first round of the postseason though, while the women’s team lost in the second round. Iowa State’s men’s and women’s teams also did well, but bowing out in the Sweet 16.