Gambling in the USA
West Virginia Poised to Become First US State to Allow Political Gambling
West Virginia appears poised to become the first U.S. state to allow political gambling, a move that would let people turn their Trump-versus-Biden predictions into cash.
The West Virginia Lottery said that officials initially approved a plan to let FanDuel and other sportsbooks offer political wagers, but needed time “to fully work through the implications and research it further.”
In a bizarre sequence earlier in the day, FanDuel went ahead and began offering bets on the presidential election, thinking it already had the approval it needed. But it halted the wagers after about 40 minutes and refunded customers’ money.
According to the odds that FanDuel posted, President Donald Trump is a slight favourite to win re-election, at -110. That means a $110 bet would turn a $100 profit. Senator Joe Biden, the likely Democratic nominee, has +125 odds, meaning a $100 bet would win $125.
FanDuel said it had plans to also let customers wager on who the Democratic vice presidential nominee will be and other national contests.
DraftKings Inc., a FanDuel rival, said it is assessing the situation.
“While we are excited about the possibility of offering odds on politics and elections to our customers in West Virginia, we are taking the time to ensure we evaluate the opportunity thoroughly before posting any lines,” Matt Kalish, North American president of DraftKings, said.
-
Compliance Updates7 days ago
Warren Jacobs joins BetComply board
-
Latest News6 days ago
21VIRAL INTEGRATES EXPANSE STUDIOS GAMES
-
eSports6 days ago
Abios powers upcoming gaming media platform Apollo with in-play statistics for League of Legends
-
Latest News6 days ago
Veikkaus signs partnership agreement with the Finnish Ice Hockey Association
-
Asia6 days ago
JETSYNTHESYS WELCOMES GOPAL SRINIVASAN, MADHUSUDANAN R, AND ARJUN SANTHANAKRISHNAN AS CHENNAI FRANCHISE OWNERS FOR GLOBAL E-CRICKET PREMIER LEAGUE SEASON 2
-
Australia6 days ago
Regulating the Game Announces its Latest Addition to its 2025 Masterclass Series in Sydney
-
Asia3 days ago
Government support, medals, and global recognition define a landmark year for Indian esports and video gaming in 2024
-
Compliance Updates6 days ago
Advertising Standards Authority Partners with Grambling Regulatory Authority of Ireland