Thousands of college basketball fans will descend on Las Vegas this week for the NCAA Tournament to make bets, but it might actually work out better for those who choose to stay at home. Some of the offshore sites are offering slightly advantageous propositions for online wagering for both who […]
Gambling Industry
Betting Frenzy at Sportsbooks for NCAA Basketball’s March Madness
It is almost time for amateur bracketologists to print out their sheets and decide who is going to win this year’s NCAA Basketball Tournament. Oddsmakers are more than happy to help and are also ready to tempt gamblers with some traditional and unusual betting propositions. How fanatical is March Madness? […]
Odds Raiders Come to Las Vegas Improve with Bank of America Partnership
The odds just got a lot better that the Oakland Raiders are coming to Las Vegas. The team announced Monday that Bank of America has agreed to become a partner, putting the project back on track. The financial institution apparently will step in for Sheldon Adelson, who pulled out of […]
Kurt Busch’s Daytona 500 Victory Win for Sportsbooks
Other than his wife, the only people rooting harder for Kurt Busch to win last weekend’s Daytona 500 were those in charge of Las Vegas Sportsbooks. The Sin City resident was previously winless at the opening race of the NASCAR season and opened as a 20-1 longshot. His numbers went […]
Potential Scandal as British Officials Investigate Widespread Soccer Gambling Allegations
Fifty-three soccer players are being investigated for possible betting rules violations and one sports integrity expert says it is the “tip of the iceberg,” according to a story by the BBC. The UK media company obtained a report by the Gambling Commission’s Sports Betting Intelligence Unit (SBIU) through a Freedom […]
New Jersey Online Gambling Surge May Revive Struggling Atlantic City
Could online gambling actually be good for Atlantic City? A new study suggests that there is a correlation between the two. According to gaming industry research firm Eilers & Krejcik, Internet revenue in New Jersey jumped 32 percent in 2016. But what was more surprising was that money spent in […]
Pete Rose Still Hitting Out on Sports Betting
Pete Rose, baseball’s all time hits leader, is still swinging when it comes to the subject of sports gambling, defending his wagering on everything from baseball to horse racing. Nicknamed “Charlie Hustle,” the former professional player said on Joe Buck’s television show, Undeniable. that he only makes lawful bets and […]
History Against 2017 World Series Preseason Favorites Cubs, Red Sox
The Cubs have gone from lovable losers to betting darlings as the defending champions, along with the Boston Red Sox, are favored to win the 2017 World Series with one online sports book. Bovada.lv has the Cubbies as a 9/2 pick to repeat as champions, but also gives equal odds […]
MLB Commissioner Rethinking Stance on Gambling
Could Major League Baseball (MLB) be changing its mind on gambling? Commissioner Rob Manfred hinted to Yahoo Finance that the sport might be softening its stance. The head of the sport talked about fans involvement in the games and how they wager. The rules on betting were set in place […]
Duo Plead Guilty to UKGC Transgressions, Underage Players Targeted
A Birmingham judge took a dim view of two men who ran afoul of the UK Gambling Commission (UKGC). Craig Douglas and Dylan Rigby could have faced jail time, but were ordered to pay a fine and court costs. Rigby was fined approximately $217,000, while Douglas has to pay around […]
Nevada Sportsbooks Lose Big on Super Bowl LI to Offshore Sites
Nevada sportsbooks have been taking bets on Super Bowl LI for nearly a year, but the action has heated up in the Mojave Desert since the teams competing in the big game were settled two Sundays ago. The New England Patriots remain a three-point favorite over the Atlanta Falcons at […]
Las Vegas Raiders Plan Punted by Casino Billionaire Sheldon Adelson
The Las Vegas Raiders are short $650 million after billionaire Sheldon Adelson announced he was withdrawing his financial commitment to the stadium project near the famed Strip. Mark Davis, the owner of the storied NFL franchise that he inherited from his father, is trying to relocate the team to Sin […]
Online Sportsbooks Serving Super Bowl Smorgasbord of Spreads
Online sportsbooks are doing what they do best: trying to capitalize in anyway they can off the United States’ biggest annual sporting event. Super Bowl LI goes down February 5 between the New England Patriots and Atlanta Falcons in Houston, Texas, at 6:30 pm ET. The AFC Champions are the […]
Tiger Woods Odds Show Vegas Still Believes in the Golfing Great
Tiger Woods odds on his first official PGA Tour event in 17 months show the continued belief Las Vegas sports bettors have in the golfing great. The Farmers Insurance Open comes with the most competitive field of the young 2017 season, but that isn’t stopping many from taking a rusty […]
NFL Odds Favor Patriots and Falcons, Raiders File Relocation Paperwork
NFL odds in Las Vegas have the New England Patriots and Atlanta Falcons favored to win their respective conference championships this Sunday. But the spreads aren’t large, meaning the bookmaking experts in Nevada believe the weekend’s final games before Super Bowl LI will be close contests. The casinos are due, […]
US Online Gambling Revenue Reaches New Highs in 2016, but Incoming Administration Threatens Progress
US online gambling revenue set records in New Jersey and Delaware in 2016, as revenues soared in both jurisdictions. In the Garden State, internet casino operators finished the year with $196.7 million in their pockets, a 32.1 percent gain on 2015. Online poker gained 11 percent in reaching a total […]
US Attorney General Nominee Jeff Sessions Says Online Gambling Review Possible
Alabama Senator Jeff Sessions (R) is likely going to become the next United States attorney general, and that might not bode well for online gambling advocates. Appointed by President-elect Donald Trump, Sessions was on Capitol Hill this week for his confirmation hearing. His Republican colleagues congratulated him, while his Democratic […]
Bitcoin Exchange Operator Pleads Guilty to Federal Money Laundering Laws
A former Bitcoin exchange operator is pleading guilty to federal charges of money laundering in the Southern District of New York. Anthony Murgio admitted to processing more than $10 million in illegal Bitcoin transactions through the Coin.mx website between 2013 and July of 2015. Bitcoin is a digitally encrypted currency that […]
Las Vegas Bettors Favor Clemson Over Alabama, Rest of Country Takes Crimson Tide
Las Vegas bettors aren’t convinced #1 Alabama (14-0) will roll over #3 Clemson (13-1) during Monday night’s College Football Playoff National Championship. Though Nick Saban’s Southeastern Conference (SEC) squad hasn’t lost a game since dropping to Ole Miss on September 19, 2015, those who are willing to put their money […]
Oakland Raiders Lose Quarterbacks, Las Vegas Odds Increase
The Oakland Raiders odds are plummeting after the squad lost its star quarterback Derek Carr during the team’s week 16 win over the Indianapolis Colts. The Bay Area franchise is now listed at +6600 to win Super Bowl 51 at online site Bovada, the worst odds of any team in […]