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Race to Capitalize on U.S. Sports Betting Set to Continue in 2019 says GamblingCompliance

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The number of U.S. states with legally approved sports betting will more than double in 2019 from 9 to 18 or more as lawmakers capitalize on last year’s U.S. Supreme Court ruling that overturned a federal ban, according to a report published today by GamblingCompliance.

As many as 33 states are expected to consider bills to regulate sports wagering during their 2019 legislative sessions, the ‘2019 U.S. Sports Betting Outlook’ report predicts. Of those, between six and 13 states are tipped to pass legislation, while other states are expected to move forward this year under the terms of laws already on the statute books.

Leading the pack of states most likely to pass bills or adopt implementing regulations are New YorkMichiganIndianaArkansasKentucky and Connecticut, plus the District of Columbia. Other key states to watch include IllinoisMassachusetts and Ohio, but the odds remain stacked against any federal legislation in Congress that might halt the spread of new enabling laws.

Still, getting bills over the goal-line will not prove to be an easy task for state lawmakers.

“Several prominent states will pass bills in 2019, but none of them will find the discussions straightforward or free from lobbying conflict – and lawmakers will invariably find sports betting to be a more complicated issue than they anticipated,” said James Kilsby, Managing Director – Americas for GamblingCompliance and an author of the report.

“If the story of 2018 was the running battle between major sports leagues and gaming interests over sports betting policy, then the lobbying field will be even more crowded this year as the needs of state lotteries, Indian tribes and non-casino sports brands come into play in state houses across the country,” Kilsby said.

GamblingCompliance’s U.S. Sports Betting Tracker, the industry’s go-to analysis service, projects legal sports wagering in the U.S. to be worth approximately $648m in revenue* in 2019, versus an estimated $400m in 2018. Total revenues should then grow to $1bn+ in 2020 and could even exceed $2bn if legislative trends follow GamblingCompliance’s most optimistic scenario for this year.

Elsewhere, the GamblingCompliance report identifies six common legal and lobbying obstacles that will weigh on state legislative processes. It also highlights key market trends to monitor in 2019.

Revenue is the amount retained by sports-wagering operators after all winnings bets are paid. Revenue is not handle, or the total amount staked by bettors.

About GamblingCompliance
Based in London and Washington D.C., GamblingCompliance is the leading provider of independent business intelligence to the global sports betting industry. Our U.S. Sports Betting Tracker service provides the perspective that gaming and sports industry executives, advisers and investors need to capitalize on the emergence of a major new market that is set to become the largest in the world within just a few years. For more information, visit https://gamblingcompliance.com/us-sports-betting

For a free copy of the report, please click here.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Race to Capitalize on U.S. Sports Betting Set to Continue in 2019 says GamblingCompliance

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US Blocks League of Legends in Syria and Iran

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US Blocks League of Legends in Syria and IranReading Time: 1 minute

 

The U.S. government has blocked League of Legends, one of the most played video games of all time, in Iran and Syria.

Trade sanctions, tariffs and threats of military conflict are the frequent sights when countries are in active dispute, but blocking the access to video games is a novel course of action. Players from Iran and Syrian have expressed despair about this situation.

Right now the ban applies only to Syria and Iran, but if the U.S. enters into future conflict with another country, those citizens potentially may have their access to League of Legends revoked. The sanctions placed on Iran detail that any business in that country cannot trade with the U.S. and that any business caught trading with Iran is in trouble as well. League, like many other free games, has to sustain itself with microtransactions, which undoubtedly counts as a form of trade and, therefore, has to abide by the sanctions.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: US Blocks League of Legends in Syria and Iran

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A Really Wild slot release by GREENTUBE

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A Really Wild slot release by GREENTUBEReading Time: 1 minute

Really Wild™ introduces players to the law of the streets and all the golden bling that comes with it. This exciting online slot can now be found Greentube’s Home of Games – available for all B2B partners!

Players can now take a trip to the shadier parts of town to make a name for themselves: In Really Wild™, 7 win lines run across a total of 4 reels – a uniquely exciting setup that players simply can’t get enough of.

The reels of Really Wild™ are bursting with lucky symbols: hoodlums, fruits and more are all waiting to line up just right. The Guy (Scatter) symbol is the key to up to 20 Free Games, where the Wild symbol is the true star, as one of the reels will spin to show a cluster of them and remain fixed in place for all remaining Free Games. Players that are looking for a massive boost to their winning chances will absolutely love this feature, because the Wild symbol may substitute for every other symbol in the game except Scatter.

Really Wild™ is a slot forged in the streets and full of cool winning chances!


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: A Really Wild slot release by GREENTUBE

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Pragmatic Play Launches Sweet Bonanza

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Pragmatic Play, one of the leading software providers for video slots, live casino and bingo, has lifted the lid on its latest video slot, Sweet Bonanza.

The sugary 6×5 tumbling video slot is bursting with toffees, watermelons and lollypops which guarantee a fun-filled gaming experience.

Hitting four or more scatter symbols triggers the free spins feature, which is packed with high multipliers and offers potential wins of up to 21,175x the original bet.

The unique tumbling feature is triggered when a winning combination of symbols appears, causing them to vanish and be replaced by new symbols which drop onto the reels from above.

Melissa Summerfield, Chief Commercial Officer at Pragmatic Play, said: “We are excited to unveil Sweet Bonanza, a high-volatility game which gives players an opportunity to load up on sugar and huge prizes.

“We’re certain that our innovative tumbling feature and tantalising gameplay will be a firm favourite with operators and players.”

Sweet Bonanza is the latest in a string of new Pragmatic Play releases, including 5 Lions Gold and The Dog House.

It will join best-performing titles Wolf Gold, Da Vinci’s Treasure and Mustang Gold in the supplier’s portfolio of video slots, alongside bingo, scratchcards and live casino games which are available to operator partners via a single API.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Pragmatic Play Launches Sweet Bonanza

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