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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.
Gambling News :
Alegriabet Finally Launches -
Our online betting site will deliver a full, market-leading suite of services including pre-match and live betting as well as virtual sports
International Table Tennis Federation in deal with Sportradar. -
The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.
NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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