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Gambling in the USA

PointsBet enters the legal New Jersey betting market

Niji Narayan

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PointsBet into the legal New Jersey betting market
Image Source: frntofficesport.com
Reading Time: 1 minute

 

PointsBet has launched its online sports betting platform in New Jersey, had become the ninth operator to enter the legal New Jersey sports betting market. PointsBetting is essentially a high-risk form of spread-betting that rewards players with more money.

The company explained how PointsBetting works: “If a user bets $10 on the over, and the total ends 10 points over, that nets users $100. Stop-loss settings are able to be set by a bettor if they wish to limit their win and loss position. Users will still be able to make fixed odds wagers, which give a simple win-or-lose scenario.”

New Jersey residents can access PointsBet in web browsers via PointsBet.com or by downloading the PointsBet mobile app for Android or iOS.

Johnny Aitken, PointsBet US CEO said: “We’re extremely excited to bring PointsBet’s premium and game-changing sportsbook and signature betting options to the US.

“By offering some of the world’s sharpest betting offers and prices, we have the back of all sports bettors, no matter how sophisticated they are, and we’re serious about offering a one-of-a-kind VIP betting experience.”

PointsBet is also partnered with Tioga Downs Casino in New York and will launch sports betting operations in New York if the state moves to legalise sports betting.

 

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Gambling in the USA

Rush Street Launches Online Sports Bets and Casino Games on iOS Devices in Pennsylvania

Niji Narayan

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Rush Street Launches Online Sports Bets and Casino Games on iOS Devices in Pennsylvania
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Rush Street Interactive has launched online sports bets and play casino games on iOS devices in Pennsylvania. Players are finally able to place online sports bets and play casino games on iOS devices, via Rush Street Interactive’s BetRivers.com and PlaySugarHouse.com sites.

The launch has been facilitated by GeoGuard Location Validator, a new app launched through a partnership between GeoComply, a geolocation specialist.

“As we launch our casino site today, we are excited to offer Apple users a way to enjoy the innovative experiences we offer by betting from their mobile devices in Pennsylvania. We’re pleased that players with Apple mobile devices will be able to use the mobile web to play with PlaySugarHouse.com,” Richard Schwartz, president of Rush Street Interactive said.

“We are thrilled to be able to offer loyal users with Apple devices, such as iPhones, a way to get online and begin playing on our award-winning platform,” Schwartz added.

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Gambling in the USA

GLMS President Addresses Sports Betting regulators at NCPG Conference in Denver

Niji Narayan

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GLMS President Addresses Sports Betting regulators at NCPG Conference in Denver
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The National Center of Problem Gambling (NCPG) has conducted its 33rd conference on July 17–20, at Denver. The conference brought together regulators and industry leaders to exchange perspectives on leading best practices to promote responsible gambling and sports integrity.

During the Roundtable session “Match Fixing & Integrity: What is the best role for gambling regulators?”, GLMS President, Ludovico Calvi set out the GLMS vision and mission and described the unique role of the Council of Europe Convention on the Manipulation of Sport Competitions.

Ludovico called on sports betting regulators and operators to adopt the GLMS Code of Conduct which articulates a shared commitment to responsible and sustainable sports betting operations. Bringing that commitment to life means addressing critical topics such as: consumer protection, responsible advertising, protection of minors, conflict of interest provisions for operators and their employees, and report obligations for suspicious betting activities.

Ludovico pointed out the critical role of education and prevention in building a culture of integrity and noted GLMS’s portfolio of supports and tools in this regard available to all member organisations.

Ludovico also applauded regulators around the world who are starting to take concrete measures against illegal sports betting, contributing to sustainable, competitive and innovative sports betting that inspires public trust and meets customer demand.

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Gambling in the USA

Gambling Income in New Mexico Declines Over Six-year Period

Niji Narayan

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Gambling Income in New Mexico Declines Over Six-year Period
Photo Source: sandiacasino.com
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Tribal casino revenues and taxes from racetrack gambling in New Mexico have shown that the industry is contracting in the area. The annual revenues that are shared by tribal casinos within the state declined 10% from 2012 to 2018, shrinking from $69.7 million to $62.8 million.

The state tax income from the nontribal gambling, which is dominated by racetrack casinos, declined by 3% for the same period to $61.6 million, down from $63.4 million.

The briefing from the Legislative Finance Committee notes that growth in the online gambling industry, which is not authorised in New Mexico, may be drawing a share of the market away from New Mexico casinos.

Population demographics also rein in the industry. New Mexico saw just 1% population growth during the six-year period.

Sports betting operations are illegal by statute in New Mexico, but the tribal-state gambling compacts do not specifically prohibit it, leaving an opening for native American casino operators.

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