Sportsbooks have continued to try to come up with creative ideas to stay open and make some money, and most are now looking into offering bets on obscure sports that are played in other parts of the world.
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Thanks to the coronavirus pandemic, there have been more postponements, cancellations, and shutdowns in March than can probably be counted. Problem Gambling Awareness Month wasn’t among those, though.
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The new NFL-NFLPA collective bargaining agreement takes the league through 2030 and paints a picture of a future with owners and players profiting off bets placed by gamblers at sportsbooks inside stadiums.
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Sports betting is in a weird place right now. With the NBA, NHL and MLB suspending their seasons, not traditional action is left to catch a punters eye. Sure, there’s the UFC, esports and futures, but that might not be enough for those who want to get some action. Thankfully, the guys at Bodog have come up with a long list of potential outcomes to bet on.
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Instead of all that money profiting Las Vegas sportsbooks and anywhere else gambling is legalized — 20 total states plus Washington D.C. have legalized sports betting, according to The Action Network, following the Supreme Court’s lifting of a federal ban on the activity in 2018 — there’s a whole bunch of revenue missing from those sportsbooks due to the novel coronavirus strain, COVID-19.
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While odds varied, sportsbooks were generally offering Tampa Bay at around +4000 or +5000 to win the Super Bowl before the signing was announced. Today, that number has shortened dramatically. FanDuel Sportsbook is offering the Buccaneers at just +1800 now that Brady is at the helm, making them fifth overall on the board to win the next Super Bowl.
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The NFL has confirmed this week that its hotly anticipated Draft will go ahead as scheduled on April 23 to 25, but as a televised event taking place behind closed doors. Public NFL Draft events planned in Las Vegas, however, have been cancelled.
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American Gaming Association (AGA) President and CEO Bill Miller has issued a statement on COVID-19 stimulus efforts, imploring policy makers and leaders to help safeguard the livelihoods of gaming industry workers.
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Will the Coronavirus lead to a surge in online gamblers? As more land based casinos close, players are going online.
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The US gaming and betting industry has all but ground to a halt this week as the COVID-19 pandemic continues its rapid spread. Statements have been issued by the sector’s big players, with temporary closures now being implemented across many of the country’s gambling venues.
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Rather than risk infecting a potential 74,512 in attendance with COVID-19, the company has taken the precautious step of deciding to broadcast from their WWE training facility in Orlando, Florida, without an audience
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Online sportsbooks are trying to weather the storm of not having any sports to offer customers odds on with, well, weather.
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