Sports betting integrity monitor IC360 issued a warning to its clients regarding suspicious betting activity involving Eastern Michigan University basketball games. It's the second time in a month that Eastern Michigan has been the target of an IC360 warning. According to reporting by ESPN.com's David Purdum, monitors were alerted when a bettor placed a very…
Are "sports trading markets" the same thing as regulated sports betting sites? That's the question at the center of an ongoing dispute between Crypto.com and the US Commodity Futures Trading Commission. It's also a question that will likely be answered very in the wake of Crypto.com's total rejection of the US Commodity Futures Trading Commission's…
Brazil's newly opened regulated online gambling market is going gangbusters, but the dark cloud of taxes could rain on the whole parade. That's the message from Rei do Pitaco’s chief legal officer Rafael Marchetti Marcondes. In a recent webinar titled, The Future of Gambling in Brazil, Marcondes warned players and operators alike about the impact…
How massive is the demand for sports betting in US States that have not yet offered regulated sports betting? A new data set from GeoComply evaluating showing attempts at accessing regulated sports betting sites from seven US States (Texas, Nebraska, Alabama, Georgia, Minnesota, South Carolina, and Mississippi) that do not offer sports betting shows that…
One of the unexpected side effects of regulated sports betting in the United States has been an explosion of threats and harassment from aggrieved sports bettors aimed at college athletes. This harassment, in many cases, has been the result of lost proposition bets on individual performances. A number of states are combating this problem by…
Representatives of the gaming industry are speaking out after a hearing on legalizing sports betting in Minnesota went ahead without a single voice or opinion from a regulated operator. The hearing, which took place earlier this week, was hosted by Senator John Marty and was ostensibly supposed to be about introducing legal sports betting to…
Pennsylvania gaming regulators are tweaking the rules that govern casino self-exclusion to make it tougher for problem gamblers to walk back through the doors of a casino. This week the Pennsylvania Gaming Control Board (PGCB) voted down a measure that would automatically end self-exclusions to land-based casinos after just one year. Under current Pennsylvania law,…
Are American sports bettors willing to pay $20 a month for boosted parlay odds? That's exactly what DraftKings is thinking with its new DraftKings+ subscription service, which will offer parlay-obsessed players unlimited odds boost tokens for those risky parlays with more legs than most insects. Though DraftKings hasn't been pushing DraftKings+ to the public-at-large, its…
Does banning credit cards deposits at online casinos and sportsbooks actually reduce problem gambling? Are land-based casinos conspiring to back a nationwide credit card deposit ban? These are some of the questions that were discussed at a recent hearing to discuss legislation backed by the National Council of Legislators from Gaming States (NCLGS), a gaming…
For decades, sports betting enthusiasts have pointed out that wagering on the outcome of a sporting event is nearly identical to making a short-term investment in the stock market. That dictum is getting put to the test in recent days as Crypto.com, a Singapore-based cryptocurrency exchange, enters the sports event trading market. Trading in sports…
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