Category Archives: Sports Betting

Esports And Traditional Sports Betting Market Report Coverage: Key Growth Factors & Challenges, Segmentation & Regional Outlook, Top Industry Trends & Opportunities, Competition Analysis, COVID-19 Impact Analysis & Projected Recovery, and Market Sizing & Forecast.

Latest launched research on Global Esports And Traditional Sports Betting Market, it provides detailed analysis with presentable graphs, charts and tables. This report covers an in depth study of the Esports And Traditional Sports Betting Market size, growth, and share, trends, consumption, segments, application and Forecast 2030. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Esports And Traditional Sports Betting Market. This report has been prepared by experienced and knowledgeable market analysts and researchers. Each section of the research study is specially prepared to explore key aspects of the global Esports And Traditional Sports Betting Market. Buyers of the report will have access to accurate PESTLE, SWOT and other types of analysis on the global Esports And Traditional Sports Betting market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.

Major Key players profiled in the report include:Sportingbet, Bodog88, 22bet, Intertops, Betonline, Spin Palace Sports, SportsBetting, Betway, Pinnacle Sports, William Hill, GVC Holdings, Esports, Basketball, Football, Baseball, Boxing, Hockey, Others Holdings, Kindred Group, Paddy Power Betfair, Amaya gaming, Bet365 Group, Bet-at-home.com, BetAmerica, Betfred, Betsson, Draft Kings, Fan duel, Gala coral group, Ladbrokes, Sportech, TVG, Twinspires, Watch and Wager

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Segmental Analysis:The report has classified the global Esports And Traditional Sports Betting market into segments including product type and application. Every segment is evaluated based on share and growth rate. Besides, the analysts have studied the potential regions that may prove rewarding for the Esports And Traditional Sports Betting manufcaturers in the coming years. The regional analysis includes reliable predictions on value and volume, there by helping market players to gain deep insights into the overall Esports And Traditional Sports Betting industry.

Market split by Type, can be divided into:Esports, Basketball, Football, Baseball, Boxing, Hockey, Others

Market split by Application, can be divided into:Entertainment, Commercial, Other

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The authors of the report have analyzed both developing and developed regions considered for the research and analysis of the global Esports And Traditional Sports Betting market. The regional analysis section of the report provides an extensive research study on different regional and country-wise Esports And Traditional Sports Betting industry to help players plan effective expansion strategies.

Regions Covered in the Global Esports And Traditional Sports Betting Market: North America (U.S., Canada) Europe (U.K., Germany, France, Italy) Asia Pacific (China, India, Japan, Singapore, Malaysia) Latin America (Brazil, Mexico) Middle East & Africa (Kuwait, Saudi Arabia Egypt)

Years Considered to Estimate the Market Size:History Year: 2019-2020Base Year: 2021Estimated Year: 2022Forecast Year: 2022-2030

What market dynamics does this report cover? The report shares key insights on:

It helps companies make strategic decisions

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Global Esports And Traditional Sports Betting Market Share History and Forecast 2022-2030 The Daily Vale - The Daily Vale

Cipher's predictive analytics tools will be integrated into PennLive.com, LehighValleyLive.com and GulfLive.com.

With nearly 10 million unique monthly users, PennLive is the premiere source for news, sports, entertainment and more across Pennsylvania, one of the earliest adopters of online sports betting following the repeal of PASPA in 2018.

"We are really grateful for the opportunity to partner with several of Advance Local's leading websites," said Adam Fiske, Chief Executive Officer, Cipher Sports Technology Group. "There's no doubt Advance Local is one of North America's most trusted publishers, so for them to engage us at this stage of our journey is a huge shot in the arm for our business.

"Our flagship brand, Dimers.com, has been operating across the United States, including Pennsylvania, for a number of years now, so the opportunity to get some of our sophisticated sports betting products, tools and content in front of Advance Local's audience has already produced some great results."

Cipher STG specializes in predictive analytics and sports-betting-focused content for all major U.S. pro and college sports, PGA Tour golf, ATP and WTA tennis, plus major soccer leagues such as the English Premier League, La Liga, Liga MX and MLS.

In addition to the integration of their Dimers-powered predictions and quality editorial, Cipher STG will also help to position Penn Live, Lehigh Valley Live, and Gulf Live as platforms of choice for North American sportsbooks looking to reach an educated and broader audience of sports fans.

Advance Local VP of Sports Betting & iGaming Howard Kamen added: "The international experience that Cipher Sports Technology Group brings to the table was very interesting to us.

"Their knowledge of the sports betting industry, and how to create new revenue streams from it, made them the ideal partner for Penn Live, Lehigh Valley Live and Gulf Live as we look to add complementary content to what are already highly respected and trusted platforms."

SOURCE Cipher Sports Technology Group

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Cipher Sports Technology Group partners with Advance Local to power sports betting pillars - PR Newswire

NC lawmakers return to work with sports betting, marijuana on the table

Updated: 9:09 AM EDT May 19, 2022

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GENERATE DEBATE. BILL: GAMINBLG AND DRUGS. SHOULD MAKE FOR AN INTERESTING SHORT SESSION . THE QUESTION IS, IS THERE ENOUGH TIME TO PASS MAJOR LEGISLATION IN A MATTER OF WEEKS? >> THE HOUSE WILL COME TO ORDER. MEMBERS WILL TAKE THEIR SEATS. BILL: THE SOURCE SESSION BEGINS TODAY AND SCHEDULED TO END BY JUNE 30. SI X WEEKS. NOT THAT LAWMAKERS ARE BUYING ATTH SCHEDULE. >> WE HAVE BEEN TOLD THAT BEFORE AND IT DID NOT HAPPEN SO WE ARE NOT PUTTING MONEY IN THE BANK ON THAT. >> I HAVE BEEN IN SHORT SESSIONS BEFORE. SO, YOU KNO W,IM, I DONT REALLY PAY ATTENTION TO WHEN SOMEBODY SAYS, WELL, ITLL ONLY BE A FEW WEEKS. BILL: PAUL LOWE COSPONSOR THE LLBI THAT WOULD BRING SPORTS BETTGIN TO NORTH CAROLINA. HE SAYS BASED ON CONVERSATIONS HE HAD WITH OTHER LAWMAKERS HE BELIEVES IT WILL PASS IN THE SHORT SESSION. WHO IS IT YOU ARE TALKING TO? WHATS THE BUZZ? >> OBVIOUSLY I AM TALKING TO SOME OF MY COLLEAGUES. I MEAN, OF COURSE, I AM NOT GOING TO NAME THEM BUT I HAVE BEEN TALKING TO SOME OF MY COLLEAGUES AND WE HAVE TALKED ABOUT IT. WE FLEE CONFIDENT. BILL:HE T SPOSRT BETTING BILL HAS PASSED THE SENATE AND HAS THE BACKING OF THE GOVERNOR. >> THE SPEAKER SAYS IT WLIL PASS. I HAVE SEEN THEM AT A COUPLE OF EVENTS AND HE SAYS THE HOUSE WILL PASS IT. BILL: LAW MAKERS HAVE DEBATED MEDICALAR MIJUANA FOR YEARS. WILL THE SHORTENED SESSION FINALLY SEE A VOTE? MANY BELIEVE THE TIME HAS COME. >> I THINK IT HAS BEEN PROVEN THAT SOME PEOPLE ARE HELPED BY SOMEF O THE PROPERTIES IN MARIJUANA. BILL: IS THERE ENOUGH TIME TO DO MEDICAL MARIJUANA DO YOU THINK OR NOT? >> THERES ALWAYS ENOUGH TIME TO DO THINGS IF EVERYBODY WANTS THEM DONE. BILL: SHE HEADS THE HEALTH AND HUMAN SERVICES COMMITTEE AND SAYS SHE IS HOPEFUL OF ADOPTING A STATEWIDE FOSTER CARE PLAN. >>E W WANT TO MAKE SURE THOSE CHILDRENRE A CARED FOR. RIGHT NOW IT IS A VERY FRAGMENTED SYSTEM AND IT IS JUST NOT WORNGKI. BILL: THE REPUBLICAN CAUCUS HAS NOT DISCUSSED ANY ABORTION LEGISLATION AND LIGHT OF THE RECENT LEAK OF THE SUPREME COURT ABOUT ENDING ROE V. WADE. WHEN ASKED WHAT SHOULD WE EXPECT? SHE TELLS ME, EXPECT SURPRISES.

NC lawmakers return to work with sports betting, marijuana on the table

Updated: 9:09 AM EDT May 19, 2022

NC Lawmakers return to work with sports betting and marijuana on the table.

NC Lawmakers return to work with sports betting and marijuana on the table.

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NC lawmakers return to work with sports betting, marijuana on the table - WXII12 Winston-Salem

Partnership Protects Hard Rock Sportsbook Mobile App Customers from Fraud Threats

ITASCA, Ill., May 18, 2022 /PRNewswire/ -- Accertify, Inc., a wholly-owned subsidiary of American Express, today announced a partnership with Hard Rock Digital to protect its mobile sports betting platform from fraud. Accertify will protect customers' accounts and personal information, prevent fraudulent activity, and manage chargebacks, while minimizing friction for users of the Hard Rock Sportsbook mobile app.

"Hard Rock is one of the world's most recognized brands. Known as a leader in the gaming and hospitality industry, it is critical that Hard Rock protects its brand reputation and customers' trust in its new Sportsbook app," said Mark Michelon, President, Accertify. "Accertify is uniquely positioned to protect users of Hard Rock Sportsbook, drawing on our vast security and fraud prevention expertise in the iGaming industry."

"Players choose Hard Rock not only because of our legendary entertainment experiences and best-in-class products, but because it's a brand they know and trust," said Matt Primeaux, Executive Managing Director and President of Hard Rock Digital. "As we digitize the Hard Rock experience for online consumers, Accertify helps ensure that our players remain fully engaged in the enjoyment of their gaming knowing that they're protected by the latest technologies to mitigate fraud and other abuses."

Accertify helps sports betting and iGaming operators secure their customers' accounts, identify and prevent malicious activity, manage chargebacks, and protect their brand reputation, allowing them to focus on capitalizing on the massive growth opportunities in the online gaming industry. More information on Accertify's online gaming offerings can be foundhere.

About Hard Rock DigitalHard Rock Digital is the exclusive Hard Rock International and Seminole Gaming vehicle for interactive gaming and sports betting on a global basis. Known the world over for its famous cafes, casinos, hotels, and music memorabilia collection, Hard Rock's legendary hospitality and entertainment serves as our foundation as we build the future of sports betting and internet gaming. Headquartered in Hollywood, Florida, and with offices in Austin, Texas, Hard Rock Digital is dedicated to creating the best place to play for sports fans and mobile gamers everywhere.

Join us by visiting HardRockSportsbook.com and following @HardRockSB on Twitter for the latest betting action. For news, visit HardRockDigital.com or follow @HardRockDigital on Twitter.

About AccertifyAccertify, Inc., a wholly-owned subsidiary of American Express, is a leading provider of fraud prevention, digital identity, device intelligence, chargeback management, and payment gateway solutions to customers spanning diverse industries worldwide. Accertify's suite of products and services help companies grow their business by driving down the total cost of fraud, simplifying business processes, and ultimately increasing revenue. For more information, please visit http://www.accertify.com.

Contact:Neal SteinTechnology PR SolutionsCell: (321) 473-7407[emailprotected]

SOURCE Accertify, Inc.

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Hard Rock Digital Partners with Accertify for Sports Betting Fraud Prevention - PR Newswire

It's another big sports weekend, and we've got your guide to all the essential action, from the second round of the Stanley Cup playoffs and the Eastern and Western Conference finals in the NBA, to horse racing and UFC Fight Night and plenty of golf to be played at the PGA Championship.

For international flavor, there's a high-stakes final weekend of the English Premier League with a title on the line, and the first round of the French Open at Roland Garros.

And what's Sunday night without some baseball? With so many games to watch, there's plenty of opportunity to make some bets along the way, so we've got you covered with the best of our best bets all weekend long.

All lines are from Caesars Sportsbook unless noted

1 Related

New York Rangers @ Carolina HurricanesEast Second Round, Game 2, 8 p.m., PNC Arena, Raleigh, North Carolina, ESPN

Line: Hurricanes (-175), Rangers (+150)Puck line: Hurricanes -1.5 (+150), Rangers +1.5 (-175)Over/Under: 5.5 (-105/-115)

Greg Wyshynski: It took just over 40 minutes in Game 1 for the Carolina Hurricanes to play to their identity: Carrying play, forechecking hard and dominating in shot attempts. Once they did, the game was tilted: 29-10 shot attempt advantage, 17-6 scoring chances advantage and, most important, a 2-0 goals-scored advantage in the third period and overtime for the win. As good as the finish was, they had a bad start. Game 1 marked the first time in the playoffs that Carolina lost the first period. I can't see it happening twice in a row at home, as the Hurricanes scored in the first period in 5 of 7 games against the Boston Bruins in Round 1. We're playing it safe with a money line bet, but you wouldn't be out of line pushing it to a first-period puck line wager for a little more profitability.

Pick: Carolina 1st period money line (-150)

Dallas Mavericks @ Golden State WarriorsWCF Game 2, 9 p.m., Chase Center, San Francisco, TNT

Line: Warriors (-6.0)Moneyline: Warriors (-260), Mavericks (+210)Over/Under: 214

Anita Marks: Dallas had one of their worst shooting nights of the postseason (36%) and an uncharacteristic night from Luka Doncic. While the Splash Brothers had a strong third quarter, Andrew Wiggins was the X factor. Wiggins had 19 points, five rebounds, three assists and was just as important on the defensive side of the court containing Doncic. Seven Warriors scored double digits, which shows their depth advantage. I see much of the same in Game 2. With home-court advantage, better depth and Wiggins' value, I will lay the points, play the under, and expect another big night from Wiggins on both ends of the court.

Picks: Warriors (-6.0), Under 214 points, Wiggins over 22.5 points + assists + rebounds

Edmonton Oilers @ Calgary FlamesWest Second Round Game 2, 10:30 p.m., Scotiabank Saddledome, Calgary, Alberta, ESPN

Line: Flames (-175), Oilers (+150)Puck line: Flames -1.5 (+145), Oilers +1.5 (-170)Over/Under: 6.5 (-125/+105)

Greg Wyshynski: I'm not sure the books really know how to handle this series after what we saw in Game 1. Maybe there's a sense that both Mike Smith and Jacob Markstrom will bounce back and Game 2 turns into a defensive struggle. I think there's a better chance that the Battle of Alberta remains a cuckoo bananas 1980s-style goals fest with the team posting Canadian Football League scores. The Flames have gone over their expected total in three of the past four games.

Pick: Calgary over 3.5 goals team total (-120)

PGA Championship 3rd RoundSouthern Hills Country Club, 9 a.m. - 8 p.m., Tulsa, Oklahoma, ESPN/ESPN+

Leader after Round 2: Will Zalatoris (-9)

Tournament favorites as of Saturday morning: Zalatoris (+225), Justin Thomas (+350), Mito Pereira (+550), Rory McIlroy (+650), Bubba Watson (+1800)

David Bearman: I am playing both Thomas (14-1) and Rory McIlroy (12-1), but I am giving the edge to Thomas to win based on his overall body of work this season. McIlroy had an incredible Sunday at Augusta last month, but Thomas has better approach stats and has been more consistent all season.

Pick: Justin Thomas to win (14-1)

David Bearman: With pre-tournament tickets on Thomas (14-1) and McIlroy (12-1) live entering the weekend, I added to the portfolio with a play on Cam Smith, who enters the weekend at 18-1. While being seven shots back could be too far, if I am going to play someone back here, it's going to be the Aussie as he leads the field in shots-gained approach, is 7th tee-to-green and 10th in shots-gained overall. He was all around the hole today, but could not get a putt to drop. If Zalatoris and Pereira slip up at all and Smith can get some putts to go in, he very well could be in the final group come Sunday.

Pick: Cam Smith to win (+1800) entering Round 3

Phoenix Mercury @ Las Vegas Aces3 p.m., ULTRA Arena, Las Vegas, ABC

Line: Aces (-10.5)Moneyline: Aces (-600), Lynx (+425)Over/Under: 169.5

Trend: Home teams favored by more than 7 points are 4-3 against the spread entering Friday night's action. --Kyle Soppe

147th Preakness Stakes7:01 p.m., Pimlico Race Course, Baltimore, Maryland, NBC

Favorites: Epicenter (6-5), Early Voting (7-2), Secret Oath (9-2), rest of odds

Chris Fallica: Epicenter was the horse to beat in Louisville and is the horse to beat here. Only a complete space meltdown and a lot of racing luck got him beat by a hopeless long shot. It's really about how well he came out of the race. But I don't think he would be here if he didn't come out of the race well. Feels like a race with a little bit of vindication for the best 3-year-old in the game. He can go to the front if he wants it, or just sit off Early Voting or Armagnac if he wants a target to run at. And being drawn outside helps that strategy. He'll be a key in every spot in my trifecta, weighted more heavily to the win and place spots. And if we press it a bunch of times and get something other than the second or third choice in the other exacta spot, it should be a nice payoff.

Colorado Avalanche @ St. Louis BluesWest Second Round Game 3, 8 p.m., Enterprise Center, St. Louis, TNT

Line: Avalanche (-170), Blues (+145)

Puck Line: Avalanche -1.5 (+150), Blues +1.5 (-175)

Over/Under: 6.5 (-115/-105)

Trend: Overs are 21-8-1 when the Blues are underdogs this season. The Blues are 15-12-3 as underdogs this season (+4.05 units). (Data current as of the beginning of the series). More Round 2 betting trends >>

Wyshynski: The Blues have been over this total in five of eight games in this postseason, a.k.a. in each one of their wins. If you believe St. Louis has a bit of momentum and Colorado -- no matter what they're telling themselves -- has a bit of tension now, then Game 3 could be for the Blues' taking. But beyond that prognostication, the Blues were the fourth-highest scoring team on home ice in the regular season (3.78 goals per game) while Colorado gives up over half a goal more per game on the road.

Pick: Blues team total over 2.5 goals (-145)

Miami Heat @ Boston CelticsECF Game 3, 8:30 p.m., TD Garden, Boston, ABC

Line: Celtics (-6.5)Moneyline: Celtics (-270), Heat (+220)Over/Under: 208.0

Fortenbaugh: After back-to-back overs in Games 1 & 2, now's the time to think outside the box, go against the grain and jump on the under train. Miami's offense has taken a nosedive when it's traveled this postseason. At home, the Heat are averaging a healthy 111.5 points per game with an offensive rating of 114.5 (4th of 16 playoff teams). On the road, however, the Heat are averaging just 101.2 points per game with an offensive rating of 110.2 (8th of 16 playoff teams). Second, after Boston shot an out-of-this-world 50 percent from 3-point range in Game 2 (best of 13 playoff games thus far) and 51.2 percent from the field (second-best of 13 playoff games), some shooting regression is on the horizon as Miami makes the necessary defensive adjustments.

Pick: UNDER 207.5 points

UFC Fight Night: Holly Holm vs. Ketlen Vieira9:15 p.m., UFC Apex, Enterprise, Nevada, ESPN+

Line: Holm (-240), Vieira (+200)

Reed Kuhn: Vieira matches up reasonably well on paper in terms of pure striking metrics, and she is more accurate than Holm with comparable defense. But the metrics might be a little misleading, considering Holm's standup includes a rich mix of kicks. Those kicks have lower accuracy when aimed at the head but are more dangerous than punches. Holm's kicks could also be the opening Vieira needs. She has become more of a headhunting boxer from range, closing the distance for takedowns when she chooses. Getting the fight to the ground would be wise, and Vieira averages over two minutes of control time per takedown. She needs three rounds, where she can tip the scores with her wrestling.

Pick: Vieira to win (+200)

French Open: First Round5:00 a.m., Stade Roland Garros, Paris, France, NBC

Defending singles champions: Novak Djokovic and Barbora Krejcikova

Line: Men's favorite: Djokovic (+175), Women's favorite: Iga Swiatek (-110)Play: Tennis Major Pick'em Paris

Brad Gilbert: The first thing that jumps out at me after the draw is out unbalanced the top and bottom halves are. The top three favorites (Djokovic, Carlos Alcaraz and Rafael Nadal) are all on the top half of the draw. If I am looking for value, I'd head to the bottom half, where Stefanos Tsitsipas (+400) has a much more favorable draw. Tsitsipas made the final last year and led two sets to none before the Djokovic comeback. Daniil Medvedev (+2000) is down there as well, but he hasn't played the big clay-court tourneys, so I'd go Tsitsipas.

English Premier League: Final weekendMan City leads Liverpool by 1 point for championshipTottenham leads Arsenal by 2 points for fourth place,All games start at 11 a.m., EPL Table, NBC

To win championship: Man City (-750), Liverpool (+475)

Top four finish: Tottenham (-4000), Arsenal (+1200)

Game lines: Liverpool (-570) v. Wolves (+1800), Man City (-600) v. Aston Villa (+1600)Arsenal (-190) v. Everton (+550), Norwich (+1000) vs. Tottenham (-420)

Paul Carr: Man City has a full week's rest and has been crushing opponents at home lately, winning three straight home games by a combined score of 13-1. It's difficult to see City losing this game, or even to imagine magic will be necessary, like Sergio Aguero's title-winning goal a decade ago.

Pick: Man City -2.5 goals (+130)

Carolina Hurricanes @ New York RangersEast Second Round, Game 3, 3:30 p.m., Madison Square Garden, New York, ESPN

Line: Hurricanes (-120), Rangers (+100)

Puck line: Hurricanes -1.5 (+210), Rangers +1.5 (-250)

Over/Under: 5.5 (+120/-140)

Trend: Prior to Game 1's low-scoring affair (Carolina won 2-1 in overtime), all seven Rangers games this postseason had gone over the total. During the regular season, Rangers games were 46-32-4 to the under, the highest under percentage in the NHL, including 33-18-1 in Shesterkin starts. More Round 2 betting trends >>

Chicago White Sox @ New York Yankees7 p.m., Yankee Stadium, Bronx, New York, ESPN

Line: TBDMoneyline: TBDOver/Under: TBD

Check back for odds and picks later this weekend.

Calgary Flames @ Edmonton OilersWest Second Round Game 3, 8:00 p.m., Rogers Place, Edmonton, Alberta, ESPN2

Line: Flames (-125), Oilers (+105)

Puck line: Flames -1.5 (+205), Oilers +1.5 (-250)

Over/Under: 6.5 (-135/+115)

Trend: The home team won all four meetings in the regular season, and Calgary outscored the visiting Oilers 9-6 in Game 1. More Round 2 betting trends >>

Golden State Warriors @ Dallas MavericksWCF Game 3, 9 p.m., American Airlines Center, Dallas, TNT

Line: Mavericks (-2.0)

Moneyline: Warriors (+110), Mavericks (-130)

Over/Under: 218.5

Check back later for best bets for this game.

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What to watch, what to bet this weekend - From NBA and NHL to the PGA Championship and the French Open - ESPN

A years-long wait for legalized sports betting in Kansas is over, after Gov. Laura Kelly signedlegislation Thursday allowing for bettors to wager on their favorite team.

"Legalizing sports betting will bring more revenue to our state and grow our economy,"Kelly said in a statement. "This is another mechanism that casinos, restaurants, and other entertainment venues can now utilize to attract Kansans to their establishments."

A framework for betting could be up and running in the state by the end of the year, though legal uncertainty about part of the bill's provisions could pose a speedbump. A Wichita area casino filed a lawsuit against the state the same day the bill was signed.

While the system could possibly be set up in time for the NFL and college football seasons, it's more likely to be in place in January 2023. That would mean those hoping to bet on their favorite area football team, such as the Kansas City Chiefs or Kansas State Wildcats or Kansas Jayhawks, might have to wait for postseason games.

"I was excited to pass sports wagering in Kansas, its something that Kansans are already doing, and it will bring additional tax revenue to our state to help with our needs," saidSen. Rob Olson, R-Olathe, in a news release from the governor's office. "My constituents have pushed for this legislation for years, and now, the next time we have a significant sporting event in our state, Kansans will be able to bet on their hometown team."

Under the law, SB 84, the Kansas Lottery would have until Jan. 1, 2023, to create a regulatory environment for sports betting.

The exact length of time needed to prepare is unknown, including how long it would take for casinos to roll out their partnerships with sports betting applications. It is expected, however, that bettors would be able to begin wagering by spring of next year.

Under the bill,casinos can partner with online betting platforms, as well as up to 50 retailers, such as a restaurant or gas station, to offer in-person betting. The Kansas Speedway, Sporting Kansas City and the state's federally recognized tribes could also offer betting.

The state will take a flat 10% cut of all bets, regardless of whether they are placed online or in person.

A majority of revenue would be funneled to the "Attracting Professional Sports to Kansas Fund," an apparent attempt to capitalize on recent rumors that the Kansas City Chiefs would entertain moving their stadium across the border from Missouri.

"We have heard from our constituents for years about the need for a sports wagering program here in Kansas, both for the value it will bring to their lives and for the revenues it will generate for our state," said Sen. Oletha Faust-Goudeau, D-Wichita. "Im proud to have contributed to this package that will do just that and revitalize my community by creating jobs in Wichita."

More: After years of waiting, Kansas lawmakers vote to legalize sports betting, attempt to lure KC Chiefs

One speed bump, however, is a lawsuit over a provision included in the bill that allows for historical horse racing at the Wichita Greyhound Park. That would not necessarily stopsports betting from occurring, though the exact impact is unclear.

The Kansas Star Casino in Mulvane, one county south of Wichita, was expected to arguehistorical horse racing violates the contract created when the state legalized casino betting in 2007.

Within hours of Kelly signing the sports betting law, the casino filed a lawsuit in Shawnee County District Court, the Associated Press reported. While casino operator Boyd Gaming is supportive of legalized sports betting, it is seeking a $25 million penalty for the alleged breach of contract.

There is debateover whether historical horse racing is tantamount to pari-mutuel betting, a different class of gaming that would be allowable under the Kansas Expanded Lottery Act.

Attorney General Derek Schmidt said in an interview last month that his office has been tracking the matter. Schmidt's office previously said a more expansive effort to allow for slots at the greyhound park would violate gaming contracts.

"We're mindful of that bill was passed," Schmidt said. "We're taking a look at it to see what role if any, we need to play and because I don't know what that might look like, I probably don't need to talk much more about it until we've assessed it."

Andrew Bahl is a senior statehouse reporter for the Topeka Capital-Journal. He can be reached at abahl@gannett.com or by phone at 443-979-6100.

Originally posted here:

Sports wagering is now law in Kansas. Here's when you could start betting on games. - The Topeka Capital-Journal

Its information overload everywhere, and theres not time enough to sleep and eat and stay fully apprised of whats happening on this crazy blue dot of ours (two out of three aint bad). Heres the weekend Sports Handle item, Get a Grip, recapping the weeks topU.S. sports bettingstories, highlighting some fresh news, and rounding up key stories.

Shockers, Surprises, And Ho-Hums: Celebrating Four Years Post-PASPA

Its Official: Kansas Governor Makes Sports Betting Law

Kentucky Derby Winner Rich Strike Wont Run In Preakness Stakes

Derby Jockey Leon Takes Forced Vacation After Historic Win

TVG Service Interruptions On Kentucky Derby Day Business As Usual For Horse Racing

Fixed Odds Arrive At Monmouth Park

Sportsbooks Seeing Heavy Action On NBA, NHL Favorites Moneylines

Buffalo Bills Remain Super Bowl Favorites After NFL Schedule Release

Genius Touts Strong Customer Acquisition Metrics, Even As Q1 Losses Swell

Its Your Sportsbook Operator On Line One

Colorado Problem Gambling Funding Clears Legislature, Draws Pointed Criticism

Gambless Brings Responsible Gambling Into The App Age

Chicago Aldermen Discuss, Question Casino Process As Decision Draws Near

We Dont Want Your Casino, Chicagoans Tell Ballys At Town Hall Meeting

Sportsbook Launch Roundup: Midwestern States Enhance Retail Offerings

April Sports Betting Handle In Indiana Dips Below $400 Million

Circa Sports To Enter Illinois Via New American Place In Waukegan

Illinois Posts Record $971 Million Sports Betting Handle For March

California Tribes Wont Try For Mobile Proposal On 2022 Ballot

First Sports Bets In Maine Still More Than A Year Away

Judge In PlayUp vs. Mintas Dispute Scolds Both Sides To Put Aside Their Rancor

In the same week that a tribal group led by the San Manuel Band of Mission Indians announced it would pull back and try to qualify its ballot initiative for 2024 rather than 2022, backers of the two initiatives poised to be on the ballot announced additional support.

The political committee running the California Solutions for Homelessness and Mental Health Act proposal on Wednesday released a list of 21 organizations tied to homelessness, mental health, housing, local government, seniors, and businesses insupport of a digital sports betting measure. According to the press release, should the measure pass, the proposal will funnel hundreds of millions of dollars per year to help tackle Californias homelessness problems. The initiative is backed by seven potential sports betting operators, including BetMGM, DraftKings, and FanDuel, and the political committee submitted 1.6 million signatures to the Secretary of State for verification last week.

Our organization strongly supports the initiative, said Miguel Perez, Executive Director of the Kings Tulare Homeless Alliance. Homelessness is at a crisis point across this state. This provides a safe and responsible path to legalizing online sports betting and generating hundreds of millions of dollars each year that will help local leaders fight homelessness. California cant afford not to act.

One day later, a tribal group backed by the Pechanga Band of Luiseno Indians, the Yocha Dehe Wintun Nation, and the Agua Caliente Band of Cahuilla Indians released its own updated list of proponents backing the tribal-only, retail-only initiative that has qualified for the ballot. The list includes tribes, civic groups, public safety groups, faith-based organizations, and homelessness advocates in opposition to the so-called Corporate Online Gambling Proposition.

The Corporate Online Gambling Proposition was written for the sole benefit of out-of-state gambling corporations, Pat Fong Kushida, president and CEO of the California Asian Pacific Chamber of Commerce, said in a press release. This measure would give online gambling corporations near total control over the sports wagering market, effectively hijacking any local economic benefits for our small businesses, while sending 90% of profits from sports gambling out of state and even out of country.

During the companys 2022 first-quarter earnings call on Tuesday, Wynn Resorts CEO Craig Billings reaffirmed the companys commitment to its online gambling division in light of media speculation on a potential sale.

The speculation intensified in January when the New York Post reported that Wynn Resorts placed Wynn Interactive up for sale at $500 million, a steep discount from the $3 billion valuation it received in 2021. Earlier this week, Sports Handle reported that Wynn Resorts opted to hold on to the online division, citing comments from multiple sources.

Wynn Interactive, which contains WynnBET, the companys online sports betting division, is struggling to gain market share in New York. For the week ending May 1, WynnBET reported an online sports wagering handle of $2.4 million, far below market leader FanDuel Sportsbook, which handled $135.6 million in sports bets.

Despite a more prudent approach to ad spending, Wynn Interactive reported operating losses of -$105 million, nearly doubling the total from the previous years quarter. At the same time, the companys EBITDA burn rate improved amid declines in marketing expenses, according to Wynn CFO Julie Cameron-Doe. Wynn closed on Wednesday at $58.85 a share, down 4.8% on the session.

Matt Rybaltowski

On Monday, BetMGM announced a new partnership with the Houston Astros, seemingly laying groundwork should lawmakers there legalize sports betting. Texas is currently surrounded by legal wagering states, but the state legislature in 2021 declined to seriously consider any gambling bills, and wont meet again until 2023.

A permanent BetMGM outfield wall sign and rotational promotional messaging behind home plate are included in the deal, according to a press release. The partnership includes special betting promotions for BetMGM customers in Louisiana. Astros fans will also be given opportunities to take part in VIP experiences, including throwing out the first pitch and on-field access.

In other deals this week, the Los Angeles Sparks partnered with LegalZoom, a legal, compliance, and tax solutions platform, and Texas A&M partnered with Logo Brands for branded tailgate and outdoor lifestyle products.

Daily fantasy sports provider Underdog Sports, which has plans to move into the sports betting space, announced that Stacie Stern, formerly with FanDuel, has joined the company as vice president of government affairs and partnerships. Underdog is funded in part by Mark Cuban, Kevin Durant, Trae Young, Odell Beckham Jr., and a host of other sports and entertainment personalities.

Underdog is the most exciting and innovative company in the space and has a great shot to be a market leader in the coming years and I cant wait to play a meaningful role in the growth, Stern said in a press release.

In other corporate news, U.S. Intergrity on Wednesday announced the hiring of former Bloomberg engineer Ricky Wong as Chief Technology Officer.

According to the American Gaming Association, commercial gaming revenue across the U.S. set a first-quarter record at $14.31 billion in the Q1 2022, including $5.31 billion in gaming revenue in March, the highest revenue month in history for the industry. First-quarter revenue increased 29% year over year. For a look at the growth, click here for the AGAs State of the States report.

The AGA also said sports betting and iGaming set records for growth. Four years post-PASPA, legal sports bettings success is proving what weve known all along: American consumers are eager to wager within the protections of the regulated market, AGA President Bill Miller said.

During its monthly meeting on Thursday, the Washington State Gambling Commission unanimously voted to send the Chehalis Tribes amended compact to Gov. Jay Inslee for approval. Should the governor and the U.S. Department of the Interior give the amended compact the green light, the tribe which operates the Lucky Eagle Casino in rural Rochester will become the 20th in the state with the ability to offer sports wagering.

Additionally, the amended compact will allow for higher betting limits in certain table-game areas, and will increase the percentage of profits that the tribe contributes to charities and problem gambling services.

Mike Seely

BLAME THE MOB? Bodies found in Lake Mead renew interest in organized crime. [AP]

MINNESOTA MOVEMENT: House approves sports betting bill, but at odds with Senate. [Star-Tribune]

DOOMSDAY? Jan. 9, 2022 was almost a black swan event for sportsbooks. [ESPN]

FLORIDA GAMING COMMISSION: Gov. Ron DeSantis appoints five to new entity. [FloridaPolitics]

PAYSAFE MOVES INTO EUROPE: Payment platforms partners with PlayTech in Europe. [BusinessWire]

WEVE GOT NEXT: Quarter4 adds WNBA to sophisticated A.I. prediction platform. [Yahoo]

INFLATION? NOT HERE: DraftKings CEO Jason Robins says wagering not affected by rising costs. [Yahoo]

LAWSUIT: A day after legalizing sports betting, state of Kansas sued by Boyd Gaming over dogs. [AP]

NCAA ON NIL: College association trying to find ways to legislate name, image, and likeness. [SI]

Matt Rybaltowski contributed to this report

Link:

Get A Grip: The Week In Sports Betting - Sports Handle

Fans have gotten a taste of Florida sports betting and now the wait is on for when it will return. Sports betting in Florida rolled out in April 2021 through a compact between the state and the Seminole Tribe, one of the tribes that oversees Indian Gaming in the state. Florida online sports betting launched in November 2021, but was quickly met with concerns from the Seminoles and challenged by local groups for violating the Indian Gaming Regulatory Act. The tribe pushed for the compact to be appealed and Florida internet sportsbooks had to pause operations. As of May 2022, Florida sports books can not return until all lawsuits and appeals are finalized. Despite the stalemate, some sportsbooks are still confident that measures can be voted on to bring Florida sports betting back for good. Seminole-run in-person casino gambling, such as card games and slot machines, and pari-mutuel horse racing are current legal forms of gambling in Florida.

If Florida online sports betting sites can get the green light again, Floridians will be able to take advantage of many Florida sportsbook sign-up offers and online sportsbook promotion codes. If you need a refresher on Florida online sports betting terminology in the meantime, here is a sports betting glossary from our friends at SportsLine.

When Florida online sports betting returns, there are multiple ways sports fans in the Sunshine State can wager on their favorite sports teams and leagues. Here are some examples:

Outright: This is a popular type of bet in sports like golf. With an outright bet, the bettor picks which golfer will win an entire tournament.

Prop bet: A prop bet is a wager on something other than which golfer will win a specific tournament. You can bet on how many points a basketball player will have in a game. In baseball, you can bet on whether a batter will hit a home run or how many strikeouts a pitcher will have.

Handle: The handle is the total amount of money taken in by a sports book for a particular event and it includes every type of wager.

If you're looking for the best values on the board in Florida or elsewhere, be sure to check out SportsLine, which specializes in Vegas picks, DFS advice and season-long fantasy sports projections.

An industry leader, SportsLine.com provides advanced computer modeling, expert picks, news and analysis of all the biggest events in sports. It can help you identify in which games you'll have the biggest statistical advantage. Plus, you'll get access to a team of over 40 experts.

SportsLine provides betting advice across the four major professional sports, college sports, golf, tennis, soccer, combat sports, horse racing, auto racing and more. It's a proven resource to sports bettors around the world. You can sign up here to enjoy all of the sports betting and fantasy sports advice that SportsLine has to offer. Then, use your knowledge to crush Florida online sports betting when it becomes legal again.

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Sports betting in Florida: Has it been legalized, how to bet online, where to find picks, best promos - CBS Sports

[NOTE: An earlier version of this post incorrectly stated California has certified the second sports betting initiative discussed herein. We have since updated the post to reflect that the second initiative merely secured enough signatures to qualify for the ballot and will officially be certified once the signatures are verified by the California Secretary of State]

On May 3, 2022, the backers of a second sports betting initiative announced they have secured the requisite number of signatures to qualify for the November 2022 ballot in California. As we reported in September 2021, the state previously certified an initiative proposed by 18 of the states federally-recognized Indian Tribes, which would allow for legalized retail, but not online, sports betting at the states tribal casinos and licensed racetracks (the Tribal Initiative). Two other initiatives were proposed one by a group of California cities (the Cities Initiative) and another by a group of leading commercial online betting platform operators (the Operator Initiative). But only one the Operator Initiative secured the requisite number of signatures by the April 26 deadline. Assuming the signatures are verified by the California Secretary of State on or before June 30, the Operator Initiative will be certified (i.e., listed on the ballot).

If approved by voters in November, the Operator Initiative would amend the states constitution to (i) give the states tribes the right to offer online and retail sports betting and (ii) permit the Tribes to contract with commercial sportsbook operators to conduct online betting operations on the tribes behalf. The initiative would cap operators share of net online betting revenue at 40% and would limit the term of any agreement between a tribe and operator to seven years.

Article II of the California state constitution provides that to the extent two or more ballot measures approved at the same time conflict, the measure with the most votes shall prevail. The operators insist their initiative complements the Tribal Initiative, as it merely adds an online component to the retail betting framework set forth in the Tribal Initiative. They insist further that because the Tribal Initiative doesnt specifically prohibit online sports betting, the measures do not conflict.

Proponents of the Tribal Initiative reject the notion the two measures are complementary, insisting the intent behind the Tribal Initiative is to limit sports betting exclusively to in-person wagers. Because the Operator Initiative permits online wagering, they maintain, the measures are irreconcilably different.

If both measures receive 50% or more approval from voters in November, it will likely be up to a California court to decide whether and to what extent the measures can co-exist.

We will continue to monitor the situation in California and provide further details upon any new developments.

[View source.]

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Second Sports Betting Initiative Qualifies for 2022 Ballot in California - JD Supra

Many Californians are looking ahead to November because a bill to legalize California online sports betting is about to be voted on. California has Indian gaming casinos and horse tracks for in-person betting, but the new bill could mean California sports betting could become a reality. If California mobile sports betting gets the green light, sports fans in the Golden State will get to wager on all of their favorite sports teams, leagues and games from the comfort of their own homes. That means using California online sportsbook sign-offers and other California sports betting promotions to win big.

Before California sports books get the go-ahead, new bettors should be familiar with common online sportsbook terminology. Here is a sports betting glossary from our friends at SportsLine.

There are several ways you can make sports wagers both online and in retail sportsbooks and plenty of bet types you'll want to familiarize yourself with.

Over-under: This betting method is perfect for when you think a game or match will have a very high or very low score, like in pro basketball. Sportsbooks will set a total number of points expected for a game and then bettors decide which side of that number the combined scores will land on. So, if the over-under for a basketball game between two California pro basketball teams is 200, you can bet on whether the total of the two scores will be more or less than 200.

Outright: This is a popular kind of bet in sports like pro golf. With an outright bet, the bettor picks which athlete or driver will win an entire tournament or race.

Parlay: Parlays are wagers that are combined with other wagers to multiply the payout. If you put together a three-leg parlay, all three bets you've strung together must win for the overall parlay to pay. A three-leg parlay could involve picking three teams to win. If they all win, your bet wins too.

Prop bet: A prop bet is a wager on something other than which horse is going to win a specific event. You can bet on how many points a basketball player will have in a game. In baseball, you can bet on how many strikeouts a pitcher will have.

Handle: The handle is the total amount of money taken in by a sports book for a particular event and it includes every type of wager.

If you're looking for the best values on the board in California or elsewhere, be sure to check out SportsLine, which specializes in Vegas picks, DFS advice and season-long fantasy sports projections.

An industry leader, SportsLine.com provides advanced computer modeling, expert picks, news and analysis of all the biggest events in sports. It can help you identify in which games you'll have the biggest statistical advantage. Plus, you'll get access to a team of over 40 experts.

SportsLine provides betting advice across the four major professional sports, college sports, golf, tennis, soccer, combat sports, horse racing, auto racing and more. It's a proven resource to sports bettors around the world. You can sign up here to enjoy all of the sports betting and fantasy sports advice that SportsLine has to offer. Then, use your knowledge to crush California online sports betting when it's a reality.

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Sports betting in California: When it will be legalized, how to bet online, where to find picks, best promos - CBS Sports