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Sports Betting News
Esports as a Popular New Betting Option
We saw sports events cancel one after the other in Mid-March. The coronavirus pandemic shut down sports and the sports betting industry. The months after that were bleak- sportsbook pay per head providers had very little action to offer. But one new betting market rose to fame. And not without reason. Even before the pandemic, eSports betting has already been popular. But being one of the few events that can be done remotely, eSports shone as a beacon where people can still place their wagers.
The eSports industry itself has grown in popularity over the years. With it comes a growing fan base of those who regularly bet on various tournaments around the world. According to Bookie Pay Per Head experts, the dynamics of betting on an eSports game is different from betting on a regular sports event.
A lot of people are actually taking pride in being popular eSports celebrities. In fact, in some countries, universities and colleges are now offering courses on eSports, and other online gaming activities. This is how profitable the industry is for them. But if you are not into gaming, you can still enjoy it by betting on teams and players during various eSports tournaments.Read more ...
DraftKings Renews Deal with Madison Square Garden
DraftKings renews its partnerships with Madison Square Garden Company that will make the former the exclusive sports betting partner of the New York Rangers and Knicks. It is in addition to being the operator of the sportsbook in the arena.
The operator will continue to be the exclusive daily fantasy sports sponsor of the company. Also, it has a daily fantasy sports contract with the Westchester Knicks. By extending the deal, DraftKings’ brand will be integrated across all assets of the Madison Square Garden, including in-game promotions, out-of-home signage, and online platforms.
The partnership is beneficial for both parties, according to bookie pay per head solution experts. It gives DraftKings exposure during NY Rangers and Knicks games, and all the broadcasts on Madison Square Garden Networks. Also, it provides DraftKings additional DFS promos during Westchester Knicks matches.Read more ...
Gambling Industry News
Tighter Measures Needed to Protect Problem Gamblers
The UK Gambling Commission urged betting companies to implement tighter regulations to protect problem gamblers. The commission made the request after a surge in online gambling activities during the lockdown.
The UKGC said that problem gamblers are more vulnerable during the coronavirus lockdown. Also, its study showed virtual sports, and online poker increased 40 percent and 38 percent, respectively, in March.
Online slot machine gambling increased by 25 percent in March. It was the month when the government implemented the lockdown in the UK. Sixty-four percent of more engaged gamblers increased the money or time spent on online gambling since the coronavirus lockdown.
Measures to Protect Problem Gamblers
The number of sports wagers dropped by 31 percent in March. It came in a time of cancellations of most sports events across the globe based on sportsbook pay per head reports.Read more ...
KSA Upholds Gambling Rules in the Netherlands
The spread of coronavirus has affected the Netherlands gambling industry. Also, land-based gaming sites are part of the non-essential businesses list. Thus, they are temporarily closed. However, Dutch players can’t gamble online as the KSA upholds gambling rules.
Online gambling is illegal in the Netherlands. It will remain that way until June of 2021. Despite their status, some online operators began targeting Dutch players looking for a way to satisfy their gambling needs. If you want to start an online bookie business next year, be sure to check out Price Per Player sports betting software.
However, Kansspelautoriteit or KSA will not tolerate their actions. The regulator warned all online gambling operators not to take advantage of the current health situation in the country. Also, their actions will influence the regulator’s decision on granting licenses in the future, according to a gambling blog report.
KSA Upholds Gambling Rules
KSA is firm with its stance that’s posted on its website. The Dutch regulator claimed advertising content that references the COVID-19 outbreak is not allowed. According to Discount Pay Per Head, the minimum fine is €50,000. The maximum penalty depends on the nature of the ad and its reach.Read more ...