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Westgate Sports Betting SuperContest Nears Record Entries

Regulated sports betting could be giving an unexpected boost to one of America's most prestigious NFL pick contests, the Westgate SuperContest. This year's contest features more players than ever before competing for a top prize that is expected to be slightly over $1.5 million. According to reports on CalvinAyre and CBS Sports, the 2018 SuperContest…

Utah Senator Rails Against Current State of Sports Betting in America

Senator Orrin Hatch (R-Utah) is none too pleased with the current status of regulated sports betting in America and wants to the federal government to do something about it. Hatch made his beef with sports betting known in a speech to the US Senate late last week. During his oration, the Senator from the Beehive…

New Jersey Confronts Challenges of Competing with Offshore Sportsbooks

Regulated sports betting has only been legal in the state of New Jersey for a few weeks and Garden State operators are already facing the scourge of legal sportsbooks across the planet, competing with offshore bookies. But New Jersey Division of Gaming Enforcement Director David Rebuck has a plan for dealing with these unauthorized competitors,…

FanDuel Founder Sues Company in Valuation Spat

Nigel Eccles is the co-founder of daily fantasy sports (DFS) giant FanDuel, but didn't receive a single penny when the company was sold to Paddy Power earlier this year. FanDuel's $465 million valuation didn't, according to Eccles, take into account the possibility of legal sports betting in America and that resulted in a lower value…

DraftKings Launches New Quarterly Games for Upcoming NFL Season

DraftKings' is launching a new product called Flash Draft that allows players to draft a new team while game play is still underway. If you're thinking that this sounds a lot like in-play wagering products that are already a mainstay of sports betting operators across the planet, you're probably right. Flash Draft contests are set…

How Did New Jersey's First Month of Regulated Sports Betting Turn Out?

When the State of New Jersey decided to go to the mats in support of regulated sports betting, it was done with the intention of boosting the long-troubled casinos of Atlantic City. It was a radical idea, that took nearly a decade to come to fruition, but it worked. During their first full month of…

Nevada Gaming Regulators Spank CG Technology for Sports Betting Software Flaws

The Nevada Gaming Control Board (GCB) is coming down on CG Technology, a provider of sports betting software, for a variety of regulatory blunders including allowing punters to place sports betting wagers from out-of-state. This is the company's third major violation of local gaming regulations and illustrates the challenges that operators face while providing sports…

New York State Seriously Considers ‘Integrity Fee’ for Pro Sports Leagues

One of the stickiest issues in the move towards regulated sports betting in the United States is the integrity fee demanded by professional sports leagues. These requested fees, which range anywhere from one to two percent of the handle but have varied from state to state, would supposedly help the leagues prevent sports betting from…

CBS CEO Chomping at the Bit to Get at That Sweet Sports Betting Ad Revenue

Will regulated sports betting turn televised sports in the United States into a hellscape of sportsbook advertisements that would put Australia to shame? If CBS CEO Les Moonves has his way the answer to that question is a resounding, "yes." The top dog at the major American TV network embraced the prospect of increased revenue…

Pro Sports Leagues Target of NJ Racetrack Sports Betting Lawsuit

The courtroom battles that broke down the US ban on sports betting began in New Jersey, but they're not over yet. The New Jersey Thoroughbred Horsemen’s Association (NJTHA) just got the go-ahead to continue its lawsuit against the professional sports leagues (NFL, NCAA, NBA, MLB, NHL) for their role in prolonging the legal battle they…