Pay Per Head Basketball News – USA Basketball after Disappointing World Cup

Pay Per Head Basketball News – USA Basketball after Disappointing World Cup

USA Basketball had a very disappointing performance in the FIBA World Cup. In fact, the team didn’t even reach the medal rounds. They lost to Frances in the quarterfinals to end the country’s winning streak of seven international tournaments.
 
Managing director Jerry Colangelo told betting software news reporters that he will not forget the players who backed out of their commitments to participate in the World Cup. He will keep the list in mind when creating the roster for the 2020 Olympics.
 
Out of the 35 players initially selected for the USA Basketball pool, only four played in the World Cup. Colangelo described those who backed out as people he thought were going to war with but failed to show up. 

Read more: Pay Per Head Basketball News – USA Basketball after Disappointing World Cup

Regulating US Online Gambling Market

Regulating US Online Gambling MarketUS online gambling market is growing. Although not all states regularize online gambling, there’s no existing federal law making the activity illegal. The federal government can’t go after citizens who placed bets online. 
 
According to a US federal law, a bank can’t handle transactions between a US-based bettor and an online gambling site. The Unlawful Gambling Internet Enforcement Act makes it illegal for a bank to process deposits or withdrawals for an online casino. 
 
The federal law doesn’t prohibit people from accessing online gambling sites. However, it is a different story when it comes to some state laws. In fact, Illinois, Montana, Washington, Wisconsin, Oregon, and Louisiana don’t allow any form of online gambling. 
 
In other states, the law is not that clear. That’s why there are calls from some sectors for the federal government to regulate the US online gambling market. However, this is something that the sportsbook pay per head companies don’t want to happen. For them, it is better for individual states to oversee online casinos and sportsbooks on their own. 

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Bookie News: Gibraltar Gambling Industry Faces Uncertainties with Brexit

Bookie News: Gibraltar Gambling Industry Faces Uncertainties with Brexit

As the day when Britain exits from the EU draws closer, the future of Gibraltar gambling industry is facing some uncertainties. The gambling hub depends on cross-border movement. In fact, around 10,000 Spanish workers commute to British territory daily. 
 
At present, Gibraltar enjoys the benefits of being a British overseas territory. The UK is a major economic partner of Spain. In addition, Gibraltar is a hub for various industries, including online gambling, insurance, and finance. 
 
Most British gambling companies prefer Gibraltar as their home base due to its tax laws. It provides a corporate tax rate of 10 percent that is lower than Spain’s 25 percent. As a result, Spanish businesses see Gibraltar as a tax haven. A look at pay per head reviews and you’ll see some top sportsbooks based in the territory.  

Read more: Bookie News: Gibraltar Gambling Industry Faces Uncertainties with Brexit

Pay Per Head Prospects in Louisiana

Louisiana has SB 153 in the Senate, which estimates to bring in around $60 million monthly in revenues. Legislators are planning to have a detailed and thorough discussion on legalizing sports betting in the state. Of course, looking at the top sportsbook pay per head operators, the revenue potential is good. To find out more about getting into the gambling industry, there are a lot of pay per head reviews to read. There is also a pay per head demo one can try to get a feel of how it works.

Pay Per Head in Louisiana

Of course, the debate on sports betting in the US has been dominating gambling news pages, and with good reason. The revenues generated from sports betting can fund wonderful social and economic programs, and legalizing it allows the state to profit off it.

SB 153, or the Louisiana Sports Wagering Control act wants to introduce sports betting in riverboats, casinos, and race tracks. There will also be mobile sports betting. However, one must be in specific areas or venues to be able to do so. Any online wagers will also require an in-person registration for the player prior to their first bets as well.

Read more: Pay Per Head Prospects in Louisiana

Kyler Murray to Play Two Sports in 2019

Kyler Murray might not be part of the National Championship earlier this week, but many sports fans are still talking about him. Although he committed to play for the A’s, there are still some rumors that he will play two sports in 2019.  
 
The Oakland Athletics picked Murray ninth overall in the 2018 MLB Draft. As a result, he must give up football in order to fulfill his contract with the A’s. This is bad news for his fans who want him to continue playing football. 
 
There are reports that Kyler Murray might play both sports. However, the only option to do so is to play football at a collegiate level. According to the sports news grapevine, Murray may return to Oklahoma and play for one more year. This will not be a breach of contract with the A’s and still play in the minor league. 

Read more: Kyler Murray to Play Two Sports in 2019

Sportsbook News: WV Bookies Bet on March Madness

West Virginia sports betting industry enjoyed a good week because of March Madness. The start of the NCAA basketball tournament helped WV bookies to achieve impressive numbers for revenue and total handles during the week ending March 23.   The bad news is that three sportsbooks in the state are still not open for business. However, they are paying out bets, which result in them losing money. In fact, Delaware operates the Mardi Gras Casino, Wheeling Island, and BetLucky mobile sports betting app. It recently ended its contract with Miomni Gaming.     Even without online pay per head sportsbook, the state’s sports betting market had a strong showing. Gambling news showed overall handle reached $4 million for the first time within a month. Also, it is the highest level achieved in six weeks.   WV Bookies Revenue  Revenue from sports betting increased to $700,000. In fact, it is the first time it reached that amount in three weeks. WV sports betting revenue is $773,000, which is the second highest amount earned by the sportsbooks for a week. The total revenue could be more if the three North Delaware sportsbooks were open.   Among the WV bookies, Hollywood casino remained the handle leader. It took more than $3 million bets for the week. In fact, it had more handles this week than the total number of handles for the entire market the previous week.   Greenbrier also enjoyed a good week in terms of the handle. In addition, it is just the sixth time it took more than $200,000 in bets for a week. Sportsbook pay per head experts point to the temporary closure of the North Delaware sportsbooks and March Madness for the spike in sports betting activities.  Since residents can’t place their bets online, bettors went to retail sportsbooks to gamble. According to pay per head reviews, there are no online sportsbooks operating in WV now. Residents are still waiting for casinos to apply for a mobile license to operate in the state.West Virginia sports betting industry enjoyed a good week because of March Madness. The start of the NCAA basketball tournament helped WV bookies to achieve impressive numbers for revenue and total handles during the week ending March 23. 
 
The bad news is that three sportsbooks in the state are still not open for business. However, they are paying out bets, which result in them losing money. In fact, North Delaware operates the Mardi Gras Casino, Wheeling Island, and BetLucky mobile sports betting app. It recently ended its contract with Miomni Gaming.   
 
Even without online pay per head sportsbook, the state’s sports betting market had a strong showing. Gambling news showed overall handle reached $4 million for the first time within a month. Also, it is the highest level achieved in six weeks. 

Read more: Sportsbook News: WV Bookies Bet on March Madness

New York Court Rules on Daily Fantasy Sports

Daily Fantasy Sports, or DFS, is also gaining popularity. Unfortunately, a New York court judge has recently set out a ruling that DFS is a form of gambling. This means that current operators of DFS in New York are now unclear on what will happen to them. The plaintiffs in the case who filed the case are known anti-gambling campaign groups – and the complaint was filed after the 2016 legislation was passed.

The 2016 legislation allows DFS under the premise that DFS is a game of skill. But Albany County’s acting Justice Gerald Connolly favors the plaintiffs. Connolly said that the plaintiffs were able to explain and demonstrate that DFS does require skill, but still relies on a lot of luck to win. This means that DFS should fall under the definition of gambling of the state.

This means, state legislators do not have the authority to allow DFS. But, they could remove DFS from the state’s definition of illegal gambling. And as if this issue is not confusing and complicated enough, there is also an existing move to legalize single-game sports betting in New York.

Experts from the best bookie PPH services expect that the state will file an appeal. As such, those who are into DFS will not have their game time interrupted. The status quo will prevail for now. As to when the decision on the appeal will happen, no one knows. But this could take years, not just the proceedings itself, but the wait time since there is a backlog on the state dockets. All the state will have to do is ask for a stay of the ruling, so those who are into DFS in New York can still play. Keep track of the latest gambling industry news to see if anything changes.

 

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