North Dakota Becomes Latest State To Introduce Sports Betting Legislation – CardPlayer.com


There are currently seven states with legal and regulated sports betting operating within their borders, a couple more that have passed legislation and are awaiting a regulatory framework to implement it, and countless more that have introduced legislation.

North Dakota became the latest state to join the latter group earlier this week with Rep. Jason Docktor filing legislation that seeks to legalize sports betting in the state.

HB 1254 would allow North Dakotans to place bets with licensed charitable organizations throughout the state. Outside of tribal casinos, charitable organizations are currently the only legal way for state residents to gamble.

If the bill is ultimately passed, the charitable organizations would have to apply for licenses from the state. In the current piece of legislation, there are no limits on the number of licenses handed out by the state.

Docktor’s bill would only allow sports betting “during the hours when alcoholic beverages may be dispensed, according to applicable regulations of the state, county, or city.” While it isn’t addressed specifically in the bill, the provision would make it unlikely that the state would legalize mobile betting apps.

Additionally, the bill does not address the tax rate on these charitable organizations, whether there would be a fee given to professional leagues, or whether the use of ‘official league data’ would be mandated. The Office of the Attorney General would operate as the regulatory body.

The state bill comes just a few weeks after the introduction of a federal bill that would give the government control over the sports betting industry and require all operators to be approved by the U.S. Department of Justice. Both the American Gaming Association and former New Jersey Gov. Chris Christie have come out against the proposed legislation.

If passed, the North Dakota bill would become law on Aug. 1, 2019. Historically, the state doesn’t have a good track record of expanding gaming.

 

 

 



Pennsylvania Sports Betting Revenue Grows To $2 Million In December – Legal Sports Report


PA sports betting revenue

Legal sportsbooks in Pennsylvania took in more than $16 million in wagers during December, the first full month of regulated sports gambling. Revenue inched over $2 million during that period, good for a hold of 12.4 percent.

Data comes from the Pennsylvania Gaming Control Board (PGCB) report released on Thursday.

PA sports betting at a glance

The PA sports betting industry still has the stickers on its tires, having just launched in mid-November. Hollywood Casino was the first property to open its retail location, followed by Rivers and SugarHouse.

For those keeping score at home, here are the true numbers for December:

  • Handle: $16,173,090
  • Revenue: $2,006,546
  • Taxes: $722,356

As with the early days in any new market, these figures are hard to put into any meaningful context.

We can look next door to New Jersey for a rough comparison, at least. The first full month of NJ sports betting (July) saw operators hold almost $4 million on total tickets exceeding $40 million. It took five sportsbooks to generate those numbers, though, including FanDuel Sportsbook just a stone’s throw from New York City.

The PA numbers look just fine so far, all things considered. With online/mobile betting still pending launch, wageringat the end of last year remained limited to those three retail sportsbooks.

Expect to see the first PA sports betting apps roll out in the coming months.

Inside the PA numbers

Perhaps the most encouraging takeaway from the report is the distribution of betting activity across the three sportsbooks. Here’s how the handle breaks down:

  • Hollywood: $5,051,730
  • Rivers: $5,581,553
  • SugarHouse: $5,539,806

For whatever reason, the two Rush Street Gaming properties held an unsustainably high percentage of wagers for the month.

Rivers was responsible for more than half of the total PA sports betting revenue — $1,066,157 with a hold of more than 19 percent. SugarHouse added another $641,167 to the group’s take, with Kambi managing the risk for both books. They officially opened in tandem on Dec. 15, so their reports include just 17 days of wagering.

William Hill operates the Hollywood sportsbook, drumming up $299,222 for the month. Its hold of just under 6 percent is more in line with long-term expectations.

Parx has since opened two retail sportsbooks in Philadelphia, as well, so revenue from those will be reflected in the January report.



RI's senate president introduces bill for mobile sports betting – Turn to 10


Tiverton Casino Hotel (WJAR)

Senate President Dominick Ruggerio has introduced a bill to allow mobile wagering for sports betting in Rhode Island.

The top Democrat in the state Senate introduced it Wednesday.

Expanding sports betting is one of his top priorities.

Ruggerio said mobile gambling would be convenient and generate more revenue. Rhode Island receives 51 percent of sports betting revenue.

Twin River Casino in Lincoln became the first in New England to accept bets on professional sports in November.

Ruggerio’s bill would enable the creation of an app that people could use to access the sports betting offerings at Twin River from anywhere in Rhode Island.

He said accounts would have to be created in person at Twin River’s Lincoln or Tiverton casino, where staff could verify a person’s age.



Committee heads differ on future of gambling – CTPost



HARTFORD — In a critical year for gambling in Connecticut, there are three Democrats at the center of a crucial legislative committee who appear poised to clash.

State Sen. Dennis Bradley, D-Bridgeport, Sen. Cathy Osten, D-Sprague and Rep. Joe Verrengia, D-West Hartford, are the most powerful voices on the General Assembly’s Public Safety and Security Committee, through which all gambling bills must pass before going to the House or Senate.


They represent the diverse perspectives of Democrats on gambling. The party should be able to pass their betting priorities in 2019 — if they can agree.




Bradley, Osten and Verrengia sat together on Tuesday in the middle of a horseshoe of lawmakers at the Public Safety and Security Committee’s first organizational meeting.


On the left was Bradley, who although he has been a lawmaker for less than a week, is the Senate chair of Public Safety and a voice of Bridgeport’s decades-long effort to get casino.

“I’m excited to do some big things,” he said.

On the right was Osten, who is not a committee chair, but nonetheless is critical and who favors keeping gaming within the tribes.

“I will just point out that both of the two gaming institutions that are in the state of Connecticut are in my district,” she reminded lawmakers in the meeting Tuesday. “They are the two largest employers in the state and they provide the most tax revenue of any other business in state income.”

In the center was House chairman Verrengia who does not fit squarely in either camp.

Verrengia supports a proposal that Democrats tried last year: creating a comprehensive gambling policy that would encompass sports gambling, online and off-track betting and casinos. He emphasized his conversations will include all stakeholders.

“We have to look at an overall gaming strategy,” he said. “I’m not a proponent of doing a stand-alone sports betting bill, at least not initially, because I think it is important that we get it right the first time.”

Bradley said he might want to see a separate bill allowing the state to put out a request for proposals for Connecticut’s first commercial casino, although he is still making up his mind.

MGM has been lobbying to open a Bridgeport casino for years. A bill for an RFP cleared the House in 2018, but was never called in the Senate. The departure of three Democratic senators from the chamber could give the bill a more favorable outcome in 2019.


Before considering any other casinos, Osten wants to sort out delays on the state’s East Windsor casino, a joint venture by the Mohegan and Mashantucket Pequot Tribes, who own Mohegan Sun and Foxwoods respectively. She has also filed her own sports betting bill that would permit Indian casinos to conduct sports wagering in person and online, conduct other types of Internet gambling and allow the Connecticut Lottery Corporation to operate online Keno games.

She has not changed her position against a new commercial casino.

“My position is to protect two businesses that we have, a decades-old relationship that has provided us with hundreds of millions of dollars,” she said. “That’s who I’m going to work with… every urban area in the state has gotten hundreds of millions of dollars from the relationship that we have with these folks.”

Both Bradley and Osten insisted that although their views do not align on casinos, they will be able to work together.

“I have asked him for a time in his new schedule to sit down and have a conversation,” said Osten. “He is amenable to that so I think we’ll be fine.”

Verrengia and Osten do not agree on whether federal approval is needed for third casino in East Windsor, a joint venture by the Mohegan and Mashantucket Pequot Tribes, who own Mohegan Sun and Foxwoods respectively. Osten has filed a bill to move ahead without approval from the U.S. Department of the Interior’s Bureau of Indian Affairs.

“I think you are entering into dangerous waters by eliminating the BIA requirement,” Verrengia said. “It could put the state at some serious financial risk.”

Osten disagreed, “The secretary of the Interior already said that he did not feel that we did not need their approval to do this. They are the ones saying we don’t need it so…”

Verrengia has held off on filing gambling bills before meeting with the new staff of Gov. Ned Lamont, including his Legislative Affairs Director, Chris Soto, a former state representative for New London.

“Part of the problem in the past was that the previous governor really didn’t engage in gaming until the 11th hour, whether it was casinos or sports betting,” said Verrengia. “I’d like to think this new governor, and all indications are leaning this way, that he’ll be engaged in the outset.”

The U.S. Supreme Court ruled in May 2018 that states are now free to authorize sports betting, which was previously banned everywhere but Nevada. The ruling came after the end of the 2018 legislative session.


emunson@hearstmediact.com; Twitter: @emiliemunson



Carousel Group to launch SportsBetting.com and RaceBook.com – CalvinAyre.com


Operator closes key acquisitions and announces launch of two new tier-one betting sites ahead of ICE & LAC 

Malta: 15th January, 2019 – Carousel Group, a rapidly growing iGaming start-up operating in the regulated online gambling sector, is in the final stages of preparing to launch two new betting brands, SportsBetting.com and RaceBook.com.

Carousel Group to launch SportsBetting.com and RaceBook.com SportsBetting.com is being positioned as the ultimate destination to bet on global sports while RaceBook.com is a dedicated platform for racing enthusiasts.

Both brands will be targeting players in Europe and Latin America via a Malta Gaming Authority licence, but the operator is also looking to acquire UK, Swedish and US licenses as part of its ambitious growth plans into regulated markets around the world.

Powered by a proprietary sports-betting and casino platform acquired by Carousel Group in 2018, the two sites will be further strengthened by world-class content and a strong focus on user experience based on a customer-first, mobile-first approach.

The company are recruiting some of the best affiliates from around the world to promote their brands through its recently launched Carousel Group Affiliates programme, which will be on display at the London Affiliate Conference (LAC) next month at stand C-51.

Members of the team will be on hand to talk with delegates and affiliates about the brands and to give-away several all-inclusive weekends to their hometown Madrid to attend the famous El Clásico football match between Real Madrid and Barcelona.

Daniel Graetzer, Founder & CEO at Carousel Group, said: “2018 was a huge year for us as we prepared the business for launch. We closed a second capital raise, acquired two strong domain names and ended the year with the acquisition of our technology platform, but now the real fun starts.

“We’ve assembled a team of highly experienced and competent leaders in our Madrid headquarters and combined with our recent acquisitions we are aiming to deliver a superior customer-driven experience to markets all over the world”.

About Carousel Group
Carousel Group was created in early 2018 with the mission to build an iGaming empire in the global regulated online gambling space. Formed by top executives with more than 20 years of experience in the online gambling sector, Carousel Group has recently acquired two top-tier brand-names and a strong technology platform and is now aiming to launch a number of brands across Europe, Asia and LatAm. With offices in Spain and Malta, Carousel Group is assembling some of the world’s best operations and technology teams to aggressively launch and grow brands into regulated and regulating markets

For more information, please contact:
Sarah Blackburn, Director, GameOn
[email protected]

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DraftKings Sports Betting National Championship ends in controversy after leader prevented from making final wager – ESPN


A national sports betting handicapping contest with a $2.5 million prize pool ended in controversy Sunday in New Jersey, after the Day 3 leader was prevented from making his final wager before the NFC divisional-round game between the Philadelphia Eagles and New Orleans Saints kicked off.

A contestant with the username rleejr86 ended up winning the first DraftKings Sports Betting National Championship instead, grabbing the $1 million first prize with a final bet of $47,500 on the Eagles +8.5.

The Saints won 20-14, but the Eagles covered the spread, boosting rleerjr86’s bankroll to a contest-winning $101,474.

More than 200 bettors from different parts of the country entered the $10,000 buy-in contest and combined to wager nearly $5 million during the three-day event that was headquartered in Jersey City.

However, it was the bets that couldn’t be placed by the leader before the final game in the contest kicked off that were the source of dispute.

Professional sports bettor Rufus Peabody, competing under the username Opti5624, was leading the contest heading into the Eagles-Saints game, with a nearly $82,000 bankroll that he compiled after winning an all-in wager on the New England Patriots -3.5 against the Los Angeles Chargers in Sunday’s AFC divisional-round game. The Patriots won 41-28.

The high-scoring AFC affair ended at 4:37 p.m. ET, just four minutes before the Saints game began. Peabody told ESPN he repeatedly refreshed his browser during those four minutes, waiting for his winnings from the Patriots bet to be credited so he could make what he says would have been one last all-in bet on either the Saints at various point spreads or under 52 points.

The only problem? His winnings weren’t credited to his account until after the NFC game kicked off. He was locked out of making his final bet.

“I had spent the last 2.5 hours running over all the numbers,” said Peabody, the co-founder of football analytics site Massey-Peabody and a former ESPN employee. “And, as it goes at the end, I was going back and forth: ‘Which one am I going to do? Am I going to pull the trigger?’ It was going to be a Saints bet of some kind or the under. Unfortunately, I didn’t get the chance.”

According to data posted on the DraftKings’ website, some players were credited their winnings from the Patriots game before Peabody, allowing them to get their final bets in before the NFC game started. Several other contestants also didn’t get their bets from the AFC game credited in time to make a final play on Eagles-Saints. On Sunday, the final day of the contest, bettors were allowed to wager only on the two NFL divisional-round playoff games. No more bets were allowed after the NFC game began.

Peabody posted a screenshot to social media of his DraftKings contest account with a $0.01 balance and the time on the computer showing 4:41 p.m., right as Eagles-Saints kicked off.

“We recognize that in the rules the scheduled end of betting [kickoff of the NFC divisional-round game] coincided very closely to the finish of the of Patriots-Chargers game,” James Chisholm, a spokesman from DraftKings, said in a statement. “While we must follow our contest rules, we sincerely apologize for the experience several customers had where their bets were not graded in time to allow wagering on the Saints-Eagles game. We will learn from this experience and improve upon the rules and experience for future events.”

DraftKings did not immediately respond to a follow-up question regarding why some accounts were credited their winnings from the Chargers-Patriots game before others.

ESPN has reached out to the New Jersey Division of Gaming Enforcement.

The DraftKings Sports Betting National Championship was the first of its kind since states outside of Nevada began authorizing legal sports betting after a U.S. Supreme Court ruling in May. It was held in a nondescript building in Jersey City. In the rented venue, tables, couches and chairs were spread out in front of dozens of TVs. There were also strobe lights, two open bars and plenty of cheering and groaning.

Peabody said overall he enjoyed the format and understood that it was a tough situation for everyone involved. He ended up in third place and will be taking home more than $330,000.

“It doesn’t feel like it,” he added. “I felt like was in position for a 50-50 shot at the million [dollars].”

Asked whether he had contacted legal representation, Peabody declined comment.