Nevada sportsbooks could be banned to accept bets on NHL team

Although sports betting is still fighting for its legal survival in most of the US states, Nevada has ever been the only state where this form of money wager is regularized right from the moment new gambling laws were enacted by the federal government. For the first time, sportsbooks in this betting haven could face the outcome of legal restrictions as there are rumors in the air that online betting operators will not be allowed to take bets on NHL ice hockey which is going to be the first professional sports outfit of Las Vegas. This is strange as well surprising that sportsbooks are being so debarred from accepting bets on their own team that could cost them millions of dollars hence they have geared up to act against the possible verdict from the house representatives. Although, all the rumors are still in the air with no official communication from gaming commission to any sportsbooks, hence most of them are keeping a big silence over the legal developments being taken place behind the curtains.

Jay Kornegay, sportsbook director at Westgate, is one such representative who is surprised to hear all the hearsay evidence that they could not be allowed to accept wagers on NHL games involving their own team citing fear of match fixing, he said, “I would hope there would be no such restrictions because we would be sending the wrong message. We have been booking UNLV and UNR games for almost 15 years now. It would not make sense at all to book local colleges and not the pro team. We should have our local college teams on the board. There’s nothing wrong with that. It’s just another game. It doesn’t attract more attention than any other game.

“There has not been a problem in 15 years, and I certainly believe there would be no problems booking a local pro team. I certainly believe we should have the NHL team on the board. I have not heard the possibility of some kinds of restrictions or guidelines.”

Likewise, Jay Rood, sportsbook director for MGM Resorts, also added, “I would think if the NHL is coming to Vegas, they would embrace it. My opinion would be that we should go ahead and book it; we don’t have an ownership interest, it’s just a facility relationship.”

 

DraftKings Signs Sponsorship Deal with Canadian Football League

The Canadian Football League has revealed that it has signed an advertising and promotions partnership with daily fantasy sports operator DraftKings that will see the launch of new fantasy contests that are specific to the Canadian Football League.

The new agreement will also see the League participating with DraftKings by promoting free-play competitions across both online as well as mobile channels and the Canadian Football League media and digital assets.

According to a notice issued by the Canadian Football League, the partnership is the first time the League has been a featured sport on a major daily fantasy sports site. The partnership sees DraftKings expanding into the Canadian sports market.

DraftKings’ Chief International Officer, Jeffrey Haas, commented on the partnership by saying that Canada continues to be a key and growing market for DraftKings and their partnership with Canadian Football League is another way for them to attract passionate Canadian sports fans. Haas added that sports fans are going to love the challenge of setting their weekly Canadian Football League roster and taking a shot at winning some amazing prizes.

The weekly Canadian Football League fantasy games will not only engage existing fans but will expose the League to millions of daily fantasy sports users across North America where it will be televised on ESPN – and televised on BT Sport in the UK. The Canadian Football League will be integrated across DraftKings’ digital properties which include online as well as mobile with DraftKings’ Canadian Football League fantasty contests being featured across the league’s media and promotional platforms.

 

 

Ladbrokes to Sponsor World Series of Darts Finals

Ladbrokes, the popular UK online and land gambling group, has revealed that it has extended its sponsorship of the UK Professional Darts Corporation (PDC) and is now the new title sponsor of the Ladbrokes World Series of Darts Finals that is scheduled to take place at Glasgow’s Braehead Arena on Saturday, 5th and Sunday, 6th November of this year and televised live on ITV4.

Ladbrokes also signed a darts sponsorship deal earlier this year as title sponsors of the Ladbrokes Sydney Darts Masters which is due to be held in August 2016.

The Ladbrokes World Series of Darts Finals will see the top eight players in the World Series rankings determined by six international competitions in Dubai, Auckland, Shanghai, Tokyo, Sydney and Perth.

These players will be joined by a further 16 qualifiers, who will contest the first round on Saturday, 5th November 2016 prior to the top eight seeds entering the action in Saturday evening’s second round.

The tournament will end on Sunday, 6th November 2016 with the quarter-finals being held in the afternoon session and the semi-finals and final held in the evening session.

Barry Hearn, the Chairman of the Professional Darts Corporation, commented on the sponsorship by saying that they are thrilled that Ladbrokes will sponsor the World Series of Darts Finals. He added that the World Series of Darts is growing year on year, and the inaugural Finals last November was a thrilling tournament which culminated in an outstanding final between Peter Wright and Michael van Gerwen.

BetConstruct granted Combined Remote Operating License in UK

Online gambling solutions provider BetConstruct seems to have been aggressive these days for its expansion across the world by offering its services via various modes including of course remote ones. Accordingly, they have now been granted a Combined Remote Operating License to operate in the United Kingdom by the Gambling Commission. It is revealed by the company today when they said they are now having a legitimated combined license after getting the Gambling Software Operating License by the country’s gaming regulator last spring when they were authorized to offer their sportsbook product offerings to the UK players. If we look at all the licenses BetConstruct is having across the globe, they are already approved by the Alderney Gambling Control Commission via a Category 2 license along with by Malta Gaming Authority via Class 2 and 4 licenses so they have enough authority to offer their services legitimately across most parts of the world.

With the latest authority, Vahe Baloulian, CEO of the iGaming solutions provider, believes company can offer online gambling along with sports betting which is key for the success in contemporary gambling world. Talking about the much awaited license and how it is important for the company for a success in European online gambling space, chief executive of BetConstruct, Vahe Baloulian said, “The Combined Remote Operating Licence by the UK Gambling Commission widens the path for BetConstruct to one of the most important gaming and betting markets – the UK. Although this market is mature and somewhat saturated, we believe what BetConstruct has to offer is quite unique and can be the differentiator the operators are looking for.

“Being headquartered in the UK, we have studied this market for a long time now. We look forward to challenging the status quo there with the new technologies and services we have developed in recent years.”

Moreover, BetConstruct has also signed an agreement with Fonbet to provide them its Live Scouting Data Service. The live data would be powered by BetConstruct’s partner Megafeed and it would possibly help Fonbet to have more bets before and during the games. Looking at all these developments, it is believed BetConstruct has planned something big for itself in coming future and this is just the beginning of more surprises laying ahead for us.

New York Assembly finally approves betting on daily fantasy sports

After months of hard work, yesterday was finally the day to dream of a legalized system for fantasy sports betting in New York. Yes, you read it right. The New York Assembly approved the ordinance allowing sports betting operators to accept bets on daily fantasy sports. This is being taken as the millstone verdict from the house of representatives who have recently been under lots of pressure from every industry giants including of curse DraftKings and FanDuel to allow such kind of betting within the state itself since Government was losing millions of dollars in tax revenue by forcing bettors to place their bets using offshore fantasy sport betting services providers. In the house, the bill got the approval from 22 members with a strong defense that DFS competitions are not gambling hence they do not violate any federal law while number of members opposing the bill was just nine – a good shortfall of three votes! Now, ball is in the New York Governor Andrew Cuomo’s court who has to sign the bill in next ten days and then fantasy sports betting will officially be allowed inside the New York.

The next course of action for the operators, who are already offering their services in the state, is to apply for a valid license and until then they can temporarily continue offering DFS services until any decision over their application is taken up by the gaming commission and if they are permitted they will be under the revenue tax ambit which is 15% on gross revenue along with additional 0.5% tax subject to a ceiling of $50,000 annually. Notably, only operators who have been in the business since prior to November 10, 2015 will be allowed to continue their services.

Talking about the new bill and how it could convince a majority of House members, Assemblyman J. Gary Pretlow, chairman of the Assembly’s racing and wagering committee and the sponsor of the bill, said on the Newyorkupstate.com website, “We concluded this is not gambling. This is not a violation of the constitution. The legislative findings in this legislature are that this is not gambling, and therefore not subject to the provisions of the constitution. Three and a half million New Yorkers want to participate in these games.”