A year after the Supreme Court paved the way for states to allow betting on sports, traditional media companies have tried to integrate odds and other gambling content. One youth-focused company in particular is going after this space: Bleacher Report.
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Reviewing the many significant events one year since PASPA was overturned, clearing the path for legalized sports wagering in the U.S.
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Wood’s resurgence means he’ll attract even more money this time, but if a sports book tries to redirect the flow to other golfers by tweaking the odds -- say, moving Tiger from an 8-1 shot to the 6-1 favorite -- the casino risks the money walking out the door for a higher payout across the street, or to a phone app.
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VSiN (Vegas Stats & Information Network) and Anthem Sports & Entertainment have announced that VSiN’s sports betting show, A Numbers Game, will air live on Anthem’s Game+ channel in the US and Canada each weekday morning from 9am to 11am ET.
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FOX purchased a 5% stake in online gambling operator The Stars Group, which runs the sports betting app BetStars in New Jersey. Rupert Murdoch’s company paid $236 million for the stake which will give them an option to purchase 50% of the company in 10 years.
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The All-Star is in the last year of his contract with the defending NBA champions, and speculation has been that he wants to play elsewhere in the 2019-2020 season.
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The WSOP recently confirmed that online bracelet events that are scheduled to run before the DOJ enforcement deadline on June 14, would be “available to players in New Jersey.”
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Sports gambling took center stage at the 2019 Sports Decision Makers Summit in Miami when Adam Davis, chief revenue officer, Harris Blitzer Sports & Entertainment, and Ken Fuchs, president, digital, William Hill US, weighed in on the current betting landscape in the U.S. as well as the opportunities and challenges.
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Kentucky Derby favorite Maximum Security crossed the finish line first but was subsequently disqualified Saturday, making long shot Country House the winner. It cost bettors who backed Maximum Security to win, place or show approximately $9 million, according to betting statistics provided by online horse racing site TwinSpires.com.
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The move comes on the back of a successful live streaming trial of a major tennis tournament. It will be followed with a roll out of a portfolio of live sporting events including tennis from around the world and European soccer via Sportradar’s Live Channel Online.
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Mobile apps might drive the future of sports gambling in the United States, but casinos are still betting big on physical sportsbooks as legal wagering expands to new places.
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With the legalization of sports gambling in the United States and its gradually expanding implementation around the country, adding fixed-odds wagering could be a way for the horse racing to adapt and compete in the changing landscape.
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