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NBA and MLB are Cool with Regulated Sports Betting…and 1% of the Action

As the US Supreme Court inches closer to making a decision on whether or not to legalize sports betting in the United States, we're learning more about what it would take to get professional sports leagues on board with the plan. In the case of the NBA and MLB, all it's going to take is…

Sportsbooks See Record Super Bowl, But Still Take Beating

Nevada sportsbooks saw a record amount of money come pouring through their cash drawers on Super Bowl Sunday. Unfortunately, not very much of that cash stayed there as punters cashed in on the underdog and an array of proposition bets. According to a report on Super Bowl Betting in the Las Vegas Review Journal, Vegas…

WinView Creates New Niche in US Sports Betting Market

The US sports betting ban is becoming more and more porous as companies like DraftKings, FanDuel, and now WinView are proving. WinView is a Silicon Valley-based startup that's looking to disrupt the sports betting scene with a unique business model that emphasizes in-play predictions. WinView's operation is pretty original, but is based on familiar models…

Indiana Sports Betting Bill Includes Payoff to Sports Leagues

An Indiana lawmaker is looking to make regulated sports betting more appealing to professional sports leagues by including a one percent "integrity fee" in his latest effort to legislate legal wagering. The fee would be collected by operators and used by the leagues to combat the kind of game-fixing that doesn't really flourish in the…

Indiana Joins States Eyeballing Legal Sports Betting

Lawmakers in Indiana are getting on board the sports betting bandwagon and are quietly preparing for a positive decision from the US Supreme Court on the matter. According to reports from LegalSportsReport and the Indiana News & Observer, Republican Representative Alan Morrison of Terra Haute is ready to introduce legislation that would bring sports betting…

Canadian Man Sentenced in Illegal Sports Betting Case

David Hair, a 50-year-old Ontario man, was sentenced to three years in prison and a $3 million fine for his role in organizing a massive, but illegal, Canadian sports betting ring. Hair was the head of the Platinum Sportsbook (Platinum SB) a pay-per-head (or credit betting) site that had hundreds of players and earned tens…

US States Prepping for Legal Sports Betting

Sometime in the next few months, the US Supreme Court will decide the fate of regulated sports betting in the United States. Though the outcome of the state of New Jersey's epic quest to bring this form of gambling to its customers is anything but a sure thing, many US States are working feverishly to…

Feds Bust Massive US Football Pick 'Em

Two New York state men are looking at a mountain of legal troubles after their massive football pick 'em was shut down by the US Department of Justice last week for promoting illegal gambling. Ron Kronengold and Mike Bernstein are the organizers of a long-running, and pretty massive, football pick 'em site called, "Ron &…

US Sports Betting Supporters Optimistic After Supreme Court Hearing

Supporters of regulated US sports betting are feeling optimistic after attorneys on both sides of the controversial issue presented oral arguments in front of the US Supreme Court yesterday. The hearing was a fairly dry affair with attorneys from the Department of Justice; the State of New Jersey; and the four major professional sports leagues,…

Virtual Sports Betting Products Now Available in New Jersey

New Jersey sports betting enthusiasts who can't wait for the Supreme Court to make up its mind about regulated sports betting now have an alternative - virtual sports betting. Late last week, PlaySugarHouse.com launched a suite of virtual sports betting products that include horse and greyhound racing; soccer; and motorsports that are available to the…