Twice weekly, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here.
Stumble upon something you think we should include? Email info@bettingtalk.com.
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Canadian lawmakers will vote on a bill later this month that would allow single-game sports betting in the country.
If C-221 is successfully referred, it could stand a decent chance of passing out of the House altogether and moving on to the Senate, which has blocked prior attempts to legalize sports wagering.
If the bill is not referred to the Justice committee, however, it would effectively die and likely waylay future sports betting legalization efforts for several years to come.
Legal bills for New Jersey’s bid to legalize and regulate sports betting have topped $5.1 million.
Taxpayer funds are not being used to pay for the sports betting litigation, according to Leland Moore. a spokesman for the U.S. Attorney’s Office. Instead, the legal effort is being funded through fees paid by the gaming industry to regulatory agencies, Moore said. Three-quarters of the costs are paid by fees paid to the Casino Control Fund of the Division of Gaming Enforcement. An additional 25 percent comes from fees paid to the state Racing Commission, he said.
A major gaming industry conference set to be held in Las Vegas later this month will focus on federal sports betting legalization.
Global Gaming Expo 2016, which runs from Sept. 26-29 at the Sands Expo and Convention Center, is put on annually by the American Gaming Association and expects to host as many 25,000 attendees.
G2E will feature four panels addressing various aspects of sports betting, including integrity monitoring and potential regulatory frameworks.
The Las Vegas Review-Journal published an article about how Sportsradar’s technology works to detect cheating with sports betting data.
“The first phase is a technological algorithm-based policy in which we effectively take data from 550 operators around the world,” Inglot said in a telephone interview. “They include some in Nevada, online bookmakers, operators in Asia, from Europe, from Central America, Australia … and we take it in real time. That will allow us to track wagers on every NHL game.”
The software searches for anomalies based on a broad history of betting and anticipated results.
Las Vegas sportsbook operators discussed the opening weekend of college football in a Las Vegas Review-Journal article.
It’s a holiday weekend, which means tourists packed the books to bet football with both fists. What were they betting?
“All the favorites,” Golden Nugget sports book director Tony Miller said.
The public was all over Louisiana State, which flopped in spectacular fashion. The Tigers, 12½-point favorites, were upset 16-14 by Wisconsin at Lambeau Field.
ESPN Chalk listed a few bad beats from Week 1 of college football.
Halfway through the third quarter, Arizona State led 10-6 before scoring the next 16 points to go up 20. But when Northern Arizona’s Elijah Marks scored on an 87-yard touchdown catch to make it 26-13 with 10:39 left, the Lumberjacks looked prime to cover. The Sun Devils however, would score the final 18 points of the game, including a spread-covering 12-yard touchdown run by Nick Ralston with 2:46 left.
Pennsylvania is taking a wait-and-see approach to regulating pari-mutuel fantasy football betting.
“I’d be curious to see how it rolls out in Nevada. It’s like daily fantasy sports on steroids,” Dunbar said. “If the casinos want something like this, I am not opposed at all to it.”
An article published by Huffington Post takes a look at the benefits of Bitcoin for online gaming.
The uniqueness of Bitcoin lies in its technology and this is what makes it perfect for the market and lucrative for the stakeholders of the online gaming industry like affiliates, players and operators. Keeping in mind the Bitcoin innovations which are beneficial for gaming operators, it gets clear why more and more Bitcoin casinos, poker rooms, sports betting websites and gaming sites were launched in the industry.
A TechCrunch article suggests regulation is needed as eSports betting continues to grow.
Gambling in eSports has charmed stakeholders but it may have created a monster in the gaming industry. As with every growing industry, it’s vital to create checks and balances to avoid corruption.