Wagering

Gradual Re-Introduction of Professional Sports is a Boon for the Betting Industry

Retrieved on: 
Wednesday, September 16, 2020
Wagering, Sports betting, Gambling

Recently, the advancement of sports betting inIllinoistook place, vastly expanding the mobile wagering options available to the state's 12.7 million residents.

Key Points: 
  • Recently, the advancement of sports betting inIllinoistook place, vastly expanding the mobile wagering options available to the state's 12.7 million residents.
  • During the same period last year the platform generated$72Kin gross gaming revenue resulting in a gross margin loss of$66K.
  • While the return of sport has provided an uptick in betting volume, casino turnover during the two-month period was strong as well with$3.1Mwagered.
  • Link integrations toWilliam Hill'ssports betting apps, geo-targeted to legalized sports betting states, will appear on ESPN.com web and mobile web and the ESPN Fantasy app.

Online Sports Betting Could Bring In $900M Annually In New York According to NYSportsDay.com

Retrieved on: 
Tuesday, September 15, 2020
Wagering, Sports betting, Entertainment, eSports, Gaming, Gambling

New York stands to become one of the largest US markets for legal online sports betting, pending the passage of NY State Senate Bill 17D.

Key Points: 
  • New York stands to become one of the largest US markets for legal online sports betting, pending the passage of NY State Senate Bill 17D.
  • Online sports betting could make it onto a proposed revenue enhancement bill, which lawmakers are expected to discuss in an upcoming special session about the New York state budget.
  • "If New York legalizes online sports betting, the revenue that's going to New Jersey stays in New York.
  • Considering tourism and state population, New York could host the most lucrative mobile sports betting industry in the country."

Launch of the new comparison portal MyWettanbieter.de

Retrieved on: 
Tuesday, September 15, 2020
Gambling, Wagering, Bookmaker, Mathematics of bookmaking, Comparison shopping website, Sports betting

With the launch of the latest German bookmaker comparison site, MyWettanbieter.de , players now have the ability to compare different bookmakers in a fast and efficient manner.

Key Points: 
  • With the launch of the latest German bookmaker comparison site, MyWettanbieter.de , players now have the ability to compare different bookmakers in a fast and efficient manner.
  • "MyWettanbieter.de is Leadstar Media's latest product specifically geared towards the German market, adding a fresh approach to our already existing portfolio of comparison sites, including MyWettbonus.de and MySportwetten.de."
  • The new comparison site expressly serves the needs of German punters, taking into consideration a number of factors that are particularly important for German sports betting enthusiasts.
  • As a groundbreaking comparison portal, MyWettanbieter.de's aim is clear.

Return of Sports Brings a Resurgence of Online Betting

Retrieved on: 
Tuesday, September 15, 2020
Wagering, Sports betting, Online gambling

In total, sports betting is legal in some form in 24 states, according to date provided by ESPN .Of course, sports betting legalization in the United States is a complex issue.

Key Points: 
  • In total, sports betting is legal in some form in 24 states, according to date provided by ESPN .Of course, sports betting legalization in the United States is a complex issue.
  • According to a report by MarketWatch, many have invested money into a new exchange-traded fund that tracks the sports betting and online gambling industries.
  • If you believe online sports betting is the next big thing, this fund will capture everything from back-office infrastructure to front-facing retail plays."
  • While the return of sport has provided an uptick in betting volume, casino turnover during the two-month period was strong as well with $3.1M wagered.

Return of Sports Brings a Resurgence of Online Betting

Retrieved on: 
Tuesday, September 15, 2020
Wagering, Sports betting, Online gambling

In total, sports betting is legal in some form in 24 states, according to date provided by ESPN .Of course, sports betting legalization in the United States is a complex issue.

Key Points: 
  • In total, sports betting is legal in some form in 24 states, according to date provided by ESPN .Of course, sports betting legalization in the United States is a complex issue.
  • According to a report by MarketWatch, many have invested money into a new exchange-traded fund that tracks the sports betting and online gambling industries.
  • If you believe online sports betting is the next big thing, this fund will capture everything from back-office infrastructure to front-facing retail plays."
  • While the return of sport has provided an uptick in betting volume, casino turnover during the two-month period was strong as well with $3.1M wagered.

ZenSports Closes Additional $1.46M in Seed Funding

Retrieved on: 
Tuesday, September 15, 2020
Wagering, Sports betting, Gambling

After launching its peer-to-peer sports betting app internationally in March 2019, ZenSports has been on a fast growth trajectory.

Key Points: 
  • After launching its peer-to-peer sports betting app internationally in March 2019, ZenSports has been on a fast growth trajectory.
  • According to ZenSports Co-Founder & CEO, Mark Thomas, "This new funding gives us the stability and financial backing necessary to capitalize on the tremendous opportunity in the United States sports betting market.
  • "We raised a bulk of this new round of funding over the summer prior to American sports even returning," said Thomas.
  • With this new funding closed, ZenSports is now turning its attention to the Nevada licensing process, which should take 6 to 9 months to complete.

Lead generation company Leadstar Media launches new comparison site for the Mexican market

Retrieved on: 
Friday, September 11, 2020
Wagering, Accountants, Bookmaker, Sports betting, Articles, Mexico, Gambling, Human activities, Human Nature

- We are excited to have expanded our product offerings to include the Mexican market.

Key Points: 
  • - We are excited to have expanded our product offerings to include the Mexican market.
  • Miscasasdeapuestas.com/mx contains customized content and information for Mexican sports bettors including the best bookmakers, promotions, payment methods and regulatory updates.
  • Leadstar Media is one of the biggest lead generation companies within sports betting with a portfolio of search engine optimized websites in more than 20 different geographical markets.
  • In the past two years, the company has expanded to both North and South America, regions with considerable growth potential.

Betfred USA Sports Launches Online Betting in Colorado and Iowa

Retrieved on: 
Thursday, September 10, 2020
Gambling, Entertainment, Bookmakers, Sports betting, Wagering, Betfred, Sportsbook, Online gambling

LAS VEGAS, Sept. 10, 2020 /PRNewswire/ --Betfred USA Sports announces the launch of the latest online sports betting products to hit the Colorado and Iowa markets.

Key Points: 
  • LAS VEGAS, Sept. 10, 2020 /PRNewswire/ --Betfred USA Sports announces the launch of the latest online sports betting products to hit the Colorado and Iowa markets.
  • "Launching Betfred Sports online betting in Colorado and Iowa in time for the football season is a significant milestone for us," said Bryan Bennett, COO of Betfred USA Sports.
  • Betfred USA Sports now offers retail sportsbooks and online sports betting in Iowa and Colorado, with a long pipeline of additional states coming soon.
  • Visit betfredsports.com for more online betting information for Colorado and Iowa.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Insperity, Energy Recovery, Wins Finance, and Guidewire Software and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, September 9, 2020
Finance, Banks, Companies, Primary dealers, Subprime mortgage crisis, Derivative, Financial law, Wagering, UBS

On November 4, 2019, Insperity released its third quarter 2019 financial results, which substantially missed analysts estimates and were materially down year-over-year.

Key Points: 
  • On November 4, 2019, Insperity released its third quarter 2019 financial results, which substantially missed analysts estimates and were materially down year-over-year.
  • Finally, on February 11, 2020, after the close of trading, Insperity released its fourth quarter and full-year 2019 financial results.
  • On this date, Insperity revealed that, for the third quarter in a row, large medical claims had again impacted the Company.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

More Than 33 Million Americans To Bet on NFL Season

Retrieved on: 
Wednesday, September 9, 2020
Wagering, Sports betting, Sportsbook, Gambling

Of the estimated 33.2 million adults who plan to bet on this NFL season:

Key Points: 
  • Of the estimated 33.2 million adults who plan to bet on this NFL season:
    20 percent (6.6 million) will wager at physical, legal sportsbooks, up from 18 percent last year.
  • 26 percent (8.6 million) will bet casually through pools, fantasy contests, and squares, down from 31 percent.
  • 50 percent (16.6 million) will bet casually with friends, family, or coworkers, down from 53 percent.
  • Engagement from sports bettors will prove even more important to the NFL as fans report generally lower enthusiasm for the NFL season.