A new partnership between NASCAR and Sportradar will allow the monitoring of gambling activity in preparation for the onset of sports betting.
The new gambling law still has to be ratified, but from March 2019 operators will be able to start applying for licenses.
A report on the consequences of legal sports betting in Indiana shows the state could eventually stand to make over $87m in tax revenue each year from it.
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The VP and assistant general counsel for the PGA Tour has said that his group wants “a piece of the action” if sports betting is legalized in Kentucky.
Two of the largest bookmakers in Europe, Paddy Power Betfair and William Hill, are being sued for £1.5m by victims of gambling addicts.
Australian sports betting and online casino operator Unibet has signed a deal with Evolution Gaming, a live dealer casino specialist, that will see it use Evolution’s US studios as it makes its first foray into the New Jersey market.
Analysts believe that eGaming revenue will treble over the next 12 years and increase 9.5% annually, generating $200bn. The boom in the eSport has earned it a place at the 2019 SEA Games, from where the craze is likely to spread from Asia to the US and Europe.
The looming pension crisis in Chicago, with public servant funds facing shortfalls of nearly $600m, could be fixed by opening casinos and using the revenues to plug the gaps, says the mayor of Chicago.
NASCAR has shifted sports betting into a higher gear after announcing a multi-year partnership with Sportradar to make use of its fraud monitoring services.