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March Madness 2016
Wednesday March 16,2016 : MARCH MADNESS IS UPON US
Americans will place $9.2 billon in wagers on this year’s NCAA tournament.
The annual US sports betting frenzy that has been dubbed March Madness is once again upon us, with the American Gaming Association estimating this week that Americans will wager $9.2 billion on this year’s NCAA tournament....but only $262 million of that will be bet legally through regulated and licensed sports books in Nevada, the land gambling trade association says. Bet all Games Here
March Madness itself constitutes just a small percentage of the total US illegal sports betting market, which the AGA estimates reached $148.8 billion last year. Yet political obstinacy prevents most state governments from protecting consumers and reaping tax benefits from this massive and currently underground business.
In a press release this week, AGA chief exec Geoff Freeman said:
“Americans’ passion for betting fuels the unmatched popularity of March Madness. Betting increasingly drives sports fans - and even casual observers - to invest in the tournament, offering further evidence that sports betting is the new national pastime.
"It’s time for a fresh, rational approach to sports betting that reflects this reality.”
The AGA estimates that more than 70 million brackets will be filled out in America, with an average bet for a bracket being around $30. The rest of the total comes from legal Nevada sports books, illicit offshore sites and illegal bookies, according to the AGA.
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Gambling News :
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
NBA Odds: Resurgent Clippers Face Warriors in Oakland -
After a much-needed lineup shuffle, the Los Angeles Clippers (29-27 SU, 35-21 ATS) carry a four-game SU and ATS winning streak into Thursday’s game against the best team in the NBA, the Golden State Warriors (47-9 SU, 27-27-2 ATS). Tip-off is at 10:30 PM ET on TNT.
PokerStars.CZ has launched in the Czech Republic -
PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republic’s new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.
Sunbets to Sponsor Sutton United -
Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.
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