Nov. 25 Prosecutors considered the suspects accused this month of running an illegal sports-betting operation out of Atlantic City’s premier casino especially brazen. But taking millions of dollars in illegal bets while sitting in the high-stakes poker room of the Borgata Hotel Casino & Spa could be seen as a good marketing gambit.The bookies simply went where the gamblers were and they offered a service the casinos couldn’t.”This would…Press: McClatchy-Tribune Regional News (USA)
November 25th, 2007 | Posted in sports betting | No Comments
PRNewswire — Lottomatica S.p.A. announced that its wholly-owned subsidiary, GTECH Sports Betting Solutions Limited, has entered into an agreement to acquire the outstanding share capital of London-based Finsoft Limited, a leading provider of real-time transaction and information management systems for the commercial sports- betting market. In addition, GTECH will acquire substantially all of the assets of BEG Finsoft d.o.o. Belgrade, an affiliated Finsoft company and the Serbian-based…Press: PR Newswire (USA)
May 14th, 2007 | Posted in sports betting | No Comments
May 8 DOVER The discussion surrounding sports betting is certain to heat up, and a proposal recently unveiled to authorize the practice will only fan the flames. A recently released study reported that beleaguered state coffers could receive an additional $70 million in revenue annually if it authorizes sports gaming, and legislators, gaming officials and lobbyists are preparing for the debate on the topic.Officials with Delaware Sportsbetting Corp., are shopping draft legislation that…Press: Knight-Ridder/Tribune Business News
May 7th, 2007 | Posted in sports betting | No Comments
WINDSOR — Casino Windsor will begin offering sports betting next Friday — marking the first time Metro Detroiters will have access to live sports wagering. Looking to tap the sports and gambling passions of its American neighbors, the riverfront casino is opening a multimillion dollar, 170-seat sports lounge, where gamblers can wager on pro football, basketball, hockey and baseball games, as well as college football and basketball.”This is a wonderful, new amenity for…Press: Detroit News, The (MI)
August 31st, 2006 | Posted in sports betting | No Comments
PRNewswire — The Federal Constitutional Court of Germany declared the state monopoly on sports betting unconstitutional in its widely publicised ruling on March 28th 2006.Operating the monopolistic “Oddset” without even minimal checks and balances to prevent addictive gaming was declared a violation of the constitutional right of freedom of occupation for aspiring sport betting bookmakers. The monopoly could be upheld only if measures to combat addictive gaming were…Press: PR Newswire (USA)
March 31st, 2006 | Posted in sports betting | No Comments
A state Assembly committee yesterday approved a measure to legalize sports betting in Atlantic City casinos, even as the bill’s sponsors conceded final passage is a long shot. The bill would put the issue to a statewide vote, perhaps as early as this November. The referendum would permit Atlantic City casinos to offer in-person wagering on professional sporting events, but not college or amateur games. But opponents, the National Football League among them, doubted…Press: Star-Ledger, The (Newark, NJ)
February 24th, 2006 | Posted in sports betting | No Comments
Even if approved by New Jersey, a move to legalize betting on sports would run up against a federal law limiting the wagering to four states.Professional sports betting in Atlantic City could keep the resort and the state from losing money when gaming halls open in Pennsylvania and New York.Although the odds are slim that New Jersey could overcome a federal law prohibiting such wagering, the bill’s sponsor, Assemblyman Jeff Van Drew, D-Cape May, Cumberland and Atlantic,…Press: Press of Atlantic City, The (NJ)
December 3rd, 2004 | Posted in sports betting | No Comments
TRENTON - Sports betting - once considered a dead issue for Atlantic City - is getting another look. Lured by the chance of collecting hundreds of millions more in taxes, the leader of the Assembly Budget Committee is pushing the plan. And to make it more attractive to the non-gambling public, it calls for hospitals to get as much as $300 million from the proceeds.Gov. James E. McGreevey is willing to hear details, as are the state’s hospitals.A decade ago, public opinion…Press: Newsday (Melville, NY)
April 3rd, 2004 | Posted in sports betting | No Comments
Sports betting used to be underground, a hush-hush deal with a local bookmaker. He offered a line of credit and a hint of muscle. Now listen to “ol’ Randy” on Indianapolis sports radio — Hall of Fame defensive end Randy White from the Dallas Cowboys.”If you can’t fly to Vegas every weekend and you want to get some action on the games . . . I trust no one other than betonsports.com. . . . Go with the service and safety of the…Press: Indianapolis Star, The (IN)
January 26th, 2003 | Posted in sports betting | No Comments
Arguments for and against a ban on college sports betting in Nevada For * Would close off legal wagering option for point-shaving conspirators * Would send a message to student-athletes that college sports betting is unacceptable * Would not allow anyone to bet legally in the United States on college athletes who may be only 18 years old * May discourage publishing of point spreads in newspapers and other publications * Nevada books can detect point-shaving scandals only…Press: The Arizona Daily Star
May 19th, 2001 | Posted in sports betting | No Comments
