Innovative Financial Exchange May Enable Sportsbook Operators To Hedge Risk, Limit Volatility
- Dec 16, 2020
Proposed sporting-event contracts could lead to federally-approved derivatives market for sports betting
Read More . . .Proposed sporting-event contracts could lead to federally-approved derivatives market for sports betting
Read More . . .The final nine players are set for a Las Vegas at the Rio showdown on December 28th, which takes place just two days before the 30th December showdown between the WSOP.com and GGPoker World Champions. That heads-up showdown will produce the ‘Hybrid’ world champion, awarding them an extra $1 million.
Read More . . .When sports betting started to become more mainstream, some companies began jumping on early, knowing the potential of what nationwide sports betting could do to the sports and content industry. Disney was one of the companies that were unwilling to get into the subject, but now that has changed.
Read More . . ."[Online gambling] has increased. People are left to their own devices during the lockdown, and many people have been engaging in technology and different things that they never did before to pass the time of day," said Arlene Simon, Executive Director of the Delaware Council on Gambling Problems
Read More . . .Sports betting revenue in Iowa for November was down from the October numbers. Although total revenue received was down, sports betting activity was actually higher, with a larger betting handle than in October.
Read More . . .Hard Rock International on Monday announced the launching of Hard Rock Digital, a joint venture that will serve as its vehicle for both sports betting and internet gaming on both a national (such as in Virginia) and international scale.
Read More . . .The prior extension was due to expire on Saturday. Executive Order 2020-41 was re-issued on Friday to allow remote registration and will now be in force until at least January 9. It was part of Executive Order 2020-74: ”Executive Order 202-41 is re-issued in its entirety and extended through January 9, 2021.”
Read More . . .FanDuel Group has relaunched its West Virginia online sportsbook with Scientific Games’ OpenBet, the first state to launch on the platform after parent company Flutter announced plans to migrate the brand to the technology.
Read More . . .In a recent investor call, Disney said that it would bring sports gambling content to ESPN, emphasizing the role it can play for its ESPN+ streaming platform. The company believes it will prove to be a “key opportunity” and an “important area of growth” for ESPN as it looks to reclaim the status it once held as the leader in sports content
Read More . . .Google is taking a small but helpful step to help people control which ads they run into. Starting with YouTube in the U.S., users will be able to toggle off ads for alcohol and gambling — two subjects that are very sensitive for a big swath of people. The new option will roll out to Google Ads and non-U.S. YouTube early next year.
Read More . . .Craig Carton will host a program on WFAN called, "Hello, My Name is Craig," starting in January that focuses on gambling addiction.
Read More . . .Online sports wagers helped Indiana break the quarter-billion-dollar barrier in November as potentially shady casino execs are keeping the state’s gaming commission on its toes.
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