PredictIt is a website that offers a so-called "predictions market." Users are able to buy "shares" in an event happening, with the price corresponding to the perceived likelihood of the event. If the event happens, each share pays out $1, and if the event fails to happen, each share becomes worthless.
Read More . . .According to Capra, the Head of the Market for the US for of 888 casino and poker, market is too “difficult” to invite the new operators.
Read More . . .After nearly a century of zero-tolerance policies that treated gambling as a mortal threat, U.S. sports leagues are rapidly cutting deals with companies involved in sports betting.
Read More . . .The amount of Super Bowl betting activity nationwide will exceed a third of all gambling revenue seen by Nevada casino's in 2015, according to the casino industry's top lobbying group on Capitol Hill.
Read More . . .The Delaware Lottery has announced that despite the US state having recorded a year-on-year increase in online gambling revenue for December, it suffered an overall decline for the 12 months through to December 31.
Read More . . .Daily fantasy sports operator FantasyUp has gone belly-up, leaving an unknown number of customers high and dry.
Read More . . .New Jersey's Division of Gaming Enforcement recently released its stats from 2015, and its numbers show that the Garden State has reached a new high; in fact, New Jersey's revenue from online gambling has risen by 21% since last year, a very significant growth spurt.
Read More . . .Since almost every American lined up to get a ticket to the 1.5 billion dollar Powerball jackpot, maybe it's time that the governent noticed how its citizens love to gamble.
Read More . . .Since New Jersey passed its online gambling bill in February of 2013, online gaming expansion in the United States has been, for lack of a better word, frustrating.
Read More . . .Wynn Las Vegas is prepping for March Madness as it plans to launch a sports betting app next month.
Read More . . .Florida has taken a step closer to regulating daily fantasy sports (DFS) after the US state's Business & Professional Subcommittee passed a bill that would confirm that companies can offer such services in the state.
Read More . . .At the start of 2015, there weren't many strong candidates to pass an online gambling bill. With California seemingly unable to get out of its own way, the hope in the online gaming community was that Pennsylvania would emerge as a contender.
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