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North Carolina Allowing Sports Betting

Published 02.08.2019  Author: J.D  Category: News

Roy Cooper, the North Carolina Governor has recently signed a bill which allows the Eastern Band of Cherokee Indians to offer sports betting in the two currently operating casinos. After being approved, the US state became the 19th to legalise sports betting.

The American Gaming Association (AGA) released a statement supporting the decision - “Legalising sports betting in North Carolina is a welcome step in the fight against the dangerous, illegal market. Providing North Carolinians with legal alternatives to illicit offshore operators will help safeguard consumers and the integrity of the games, advance responsible gaming initiatives and give state and federal law enforcement an advantage in combating illegal gambling

In addition, the House of Representatives have voted in favour of creating a new gambling commission, which will be responsible for regulating the industry. They proposed that the team would consist of nine members and their jurisdiction would include non-profit bingo and raffles.

Iowa Gambling Commission Approves Sports Betting Rules

Published 01.08.2019  Author: J.D  Category: News

The Iowa Racing and Gaming Commission or IRGC, had a recent conference to discuss and vote on possible regulations for the upcoming sports betting industry. The proposed rules have been finalised and the gambling facilities that are eligible will be allowed to launch sports betting on the 15th of August.

The proposed rules received a unanimous vote, ensuring a smooth transition to the legality of the activity. The only element that was disputed was the operators who will be receiving licenses, out of the 19 proposed one did not make the cut.

Brian Ohorilko, from Iowa’s Gambling Commission said that they will be having meetings with the casinos over the course of the next two weeks and that the “meetings are intended to work through every control that’s required in the rules to give feedback to the operators. So they know if they are okay in certain areas — or there are areas where they still need to go back and beef up

Wes Ehrecke, CEO of Iowa’s Commission – “In the past, people either could bet on sports in Nevada, or they had to do so illegally through a bookmaker or an offshore website. Now, people can do so in a legalised manner.”

NASCAR Creating Sports Gambling Product

Published 31.07.2019  Author: J.D  Category: News

NASCAR is currently working to build a sports gambling product and fully embrace the activity as sports betting has been gaining traction in America. Along with developing a new source of revenue, they are hoping that this will bring a new wave of excitement to an industry that has been on a slow decline for the past few years. Although NASCAR are engines at the ready, the sport’s governing body has concerns that integrity may suffer.

Scott Warfield, the Managing Director of NASCAR discussed in an interview that they are already partnered with Genius Sports and that the ability to bet on races will be available shortly. Warfield continued by saying - “The racing on Sundays is as good as it’s ever been. If you look at the stats, at the amount of passing, green flag passes, number of winners and teams in victory lane – it makes for super in-race betting options.”

The gambling products being developed by NASCAR and Genius Sports will give users real-time feeds and odds that sportsbooks across America can integrate into their front-facing system

NASCAR is trying to do as much as they can to keep wagers legitimate, stating that anyone who is involved in the organisation cannot bet on NASCAR. The ruling includes team owners, members of the crew, officials and of course the drivers. A fine of up to $250,000 along with a permanent ban from NASCAR can and will be enforced on anyone caught sharing information or breaking the rules.

UK Bookmakers’ Licenses under Review

Published 29.07.2019  Author: J.D  Category: News

The UK Gambling Commission has revealed that seven bookmakers are strictly under review after they allowed a 16-year-old to place a bet. The gambling regulator stated that 17 sports betting operators were tested to see if they would accept a wager from a child. Many of the operators declined the bet, however seven unnamed bookmakers failed the test and are being investigated further. The licensees will more than likely receive a fine, with the potential of losing their license.

Richard Watson, Commission Executive Director said that these license reviews outline how strongly they feel about underage gambling and stated that every single gambling business must protect children from the activity. “Despite various educational attempts to raise standards by ourselves and the trade bodies, the on-course sector has historically performed poorly in both underage gambling test purchase exercises and Think 21 testing

The review received positive support, with David Connon, Lead Member for Public Protection at the Royal Borough of Windsor and Maidenhead saying - “I am content that our officers led and organised this test purchasing. It is important that our residents, as well as visitors to the borough, are safe. It is not acceptable to take bets from young people and I am happy that strong action is taking place. I am happy that this hard work is paying off and the Gambling Commission are taking action against those bookmakers.”

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