Entries Tagged as 'news'

Wednesday, March 24th, 2010

Sports Betting Roundup 3/24/2010

Hope everyone is enjoying March Madness – it’s been a while since our last post. Here is a quick rundown of today’s most interesting sports betting stories that you may want to check out:

Mike Herndon from the Alabama Press Register authors an incredibly well thought out editorial on the future of gambling. A small excerpt:
Caught [...]

Wednesday, December 2nd, 2009

Congress to Debate Internet Gambling Tomorrow (Watch it Live!): 12/3/09

Let the games begin! Tomorrow morning at 10 a.m EDT, the U.S. House Congressional Services committee will debate the white hot issue of how best to regulate internet gambling. Watch it live and read the prepared testimony here:

http://www.house.gov/apps/list/hearing/financialsvcs_dem/hr_112409.shtml
Reading through the pre-hearing documents prepared by Harvard Professor Malcolm Sparrow, it looks like the anti-gambling proponents are [...]

Thursday, September 10th, 2009

Legal Sports Betting Starts Today (in Delaware)

Sports betting history was made today as sports bettors in Delaware placed the first legal bets under the new state-sponsored sports betting system. The AP covered this remarkable milestone, outlining some of the contentious history surrounding this issue:
DOVER, Del. — Sports betting in Delaware officially got under way Thursday after surviving a contentious legal battle [...]

Monday, August 3rd, 2009

The Battle to Legalize Sports Betting Heats Up

An epic battle is brewing. The two opposing sides are readying themselves for the fray; recruiting foot soldiers, forging alliances, stockpiling ammunition. In recent weeks, powerful interests have thrown down the gauntlet, setting the stage for what promises to be one of the most riveting political and economic rumbles of all time. The issue at [...]

Tuesday, May 19th, 2009

The Silver Lining: Online Gambling Bill Means More Coverage for Sports Betting Ban

As mentioned in my previous post, the introduction of a new legislation to legalize some forms of online gambling has been generating mainstream press coverage for what was once a niche issue. This video from Bloomberg TV is a good example of this increased awaremess:

In related news, as expected Delaware Governor Jack Markell [...]

Wednesday, May 13th, 2009

Barney Frank Lets Opportunity to Legalize Online Sports Betting Go Up in Smoke

“The expression by the professional leagues of shock at the notion that people would actually bet on games was one of the least persuasive emotional outbursts I have encountered, but we acknowledged the reality of it, no one will be betting on professional sports games.”
- Barney Frank, 5/7/09
By now you’ve heard the bad news: [...]

Tuesday, March 24th, 2009

Sports Betting Roundup : 3/24/2009

Happy March Madness everyone, I hope you’re all doing better with your picks than I am! Here is a quick update of the latest news from the sports betting world:

New Jersey sues Federal Government, claims sports betting ban is unconstitutional – this is huge! If this suit is successful it could legalize sports [...]

Monday, December 15th, 2008

Sports Betting Roundup : 12/15/2008

A quick post during this busy time of year. Here are some sports betting headlines that should make for a happy new year for sports betting fans:

Delaware likely to OK sports betting – Delaware Governor-elect Jack Markell is making the legalization of sports betting one of his top priorities as he comes into office [...]

Monday, November 17th, 2008

NFL Official’s Blown Call Infuriates Sports Bettors

The big news item today is the blown call at the end of yesterday’s Chargers Steelers game. While not affecting the outcome of the game, the official’s decision to invalidate Pittsburgh’s last minute touchdown caused San Diego to beat the point spread resulting in a lost wager for those who picked Pittsburgh. To [...]

Wednesday, September 17th, 2008

Update: Key Committee Approves Bill to Clarify Internet Gambling Ban

This news just in from our friends at The Safe and Secure Internet Gambling Initiative. It seems the legislation to force the Federal government to take back the burden to define what constitutes illegal gambling has passed a major hurdle. It’s interesting to note how the “sports leagues” came in at the last [...]