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$4.2 billion will be wagered on SuperBowl

Thursday January 28,2016 :  BIG MONEY BETTING PREDICTED FOR U.S. SUPER BOWL
 
American Gaming Association claims that $4.2 billion will be wagered...most of it illegally.
 
The nonsensical nature of US laws restricting sports betting to just four states was again illustrated this week when the American Gaming Association trotted out its predictions on Super Bowl betting, estimating that $4.2 billion will be wagered...almost all of it illegally.

BEt on SUperBowl Here
 
Betting on Super Bowl 50 featuring the Denver Broncos and Carolina Panthers, will rise 8 percent year-on-year, the trade association predicts.
 
Nearly 97 percent of those bets - $4.1 billion worth - will be wagered illegally, standing in stark contrast to the approximately $115 million bet legally on the New England Patriots-Seattle Seahawks game last year.
 
In fact, the illegal market is 35 times greater than the legal marketplace, the AGA claims
 
"As Americans celebrate a milestone Super Bowl, they'll also bet a record amount on the Big Game," said Geoff Freeman, president and CEO of the AGA. "Just like football, sports betting has never been more popular than it is today. The casino gaming industry is leading the conversation around a new approach to sports betting that enhances consumer protections, strengthens the integrity of games and recognizes fans' desire for greater engagement with sports."
 
Overall, AGA's estimate found that Americans wagered $149 billion on sports in 2015, up from nearly $145 billion in 2014.
 
Late last year, following months of study and deliberation, AGA's Board of Directors issued a set of recommendations that marked a major shift in the industry's approach to sports betting.
 
AGA is building a broad coalition that will determine whether a rational alternative to current sports betting law in the United States exists. Such an alternative could include strict regulation, rigorous consumer protections and robust tools for law enforcement to eliminate illegal sports betting and strengthen the integrity of games.

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Gambling News :

GVC In Content Deal With Microgaming’s Quickfire - Microgaming-powered Prima Networks Limited will supply over 50 new titles to GVC’s recently acquired bwin Casino, PartyCasino and Party Poker gaming sites within the coming weeks.

Opap in memorandum of understanding With Inspired - Virtual sports provider Inspired has entered into a memorandum of understanding (MOU) with Greek betting and lottery operator OPAP for the supply of its full suite of virtual sports, for integration online and across OPAP's retail network.

DeltaCorp To Acquire ace2three - Our readers will recall Delta Corp. acquired a 26 percent stake in Gaussian Networks, parent company of India’s largest online poker operator Adda52 earlier this month

More Australian POC Taxes - In an interview with The Australian, Tabcorp chief executive offer David Attenborough warned “global rivals” of his belief that other Australian states are moving fast to follow South Australia’s lead in implementing a point of consumption tax.

William Hill Exits Russia - "Starting from September 23 William Hill Casino Club will terminate its activities in the Russian territory for legislatory reasons. All active customer accounts will be suspended," the advisory reportedly detailed.

Pennsylvania Online Gambling Hearing Postponed till October - HR 2150, which includes DFS and e-gaming elements, was passed as part of the critical state budget bill by the House in June this year, with lawmakers expecting the bill to contribute $100 million annually in licensing and fees to help balance the state budget.

Two Mega Fortune Dreams Jackpots Hit - Both Swedish players, the first lucky punter hit a GBP 100,000 jackpot playing on his mobile phone, while the second, identified as Martin, staked just 18p before netting a GBP 60,000 jackpot on the popular series thinking he was playing in demo-mode.

ASA Looking at Ladbrokes and Netbet ads - A TV ad for Cosmo Gaming’s NetBet online casino was determined by the UK Advertising Standards Authority (ASA) as glamorising online gambling following a single complaint.

Betconstruct In Deal With Realistic Games - BetConstruct has agreed a deal in which it will integrate a range of Realistic Games online table and slot content including blackjack, roulette and slot titles Super Graphics Upside Down, The Fruit Factory and Fireworks.

XLMedia Half 1 2016 Earnings Report - Online gambling marketing company XLMedia, which operates websites driving players to online casino operators, delivered robust interim results for the first half of 2016, attributing its success to investment in technology.

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