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William Hill Ready To Go For NJ SportsBetting

Joe Asher says Monmouth Park sports bar equipped and prepared.
Awaiting only a positive outcome from current litigation being waged between New Jersey and the national sports leagues that could see the introduction of sports betting to New Jersey , the US operations of Brit bookmaking giant William Hill plc are ready to go, according to manager for American operations Joe Asher.
Speaking to the Associated Press news agency last week, Asher revealed that his company's William Hill Sports and Race Bar premises at the Monmouth Park race track was "built out and ready to go" in what he described as a potentially large market.
The William Hill executive added that if sports betting is allowed in populous New Jersey it could dwarf the $3.6 billion that was wagered legally on sports last year in Nevada, opening up an entire new industry on the East Coast.
"I believe the New Jersey market once fully up and going would be at least three times the Nevada market," Asher said. "This is an area with some of the most storied franchises in American sports where billions of dollars are already bet on sports illegally."
The AP report notes that in 2011 New Jersey residents voted overwhelmingly to permit sports betting at race tracks and casinos, and that this was followed by a strong positive vote from the state legislature and a law signed off by governor Chris Christie.
That triggered a still active litigative conflict between state and the national sport leagues, backed by the US Department of Justice.
The news agency holds up the intense interest in fantasy sports wagering (exempt from most sports betting bans) as an example of how keen punters are to be allowed to place bets on sports.
The opposition of the National Football League to widened sports betting in America, where it is confined to just four states under the Professional and Amateur Sports Protection Act (PASPA), is especially intriguing, because outside the US - specifically in Great Britain - the NFL holds games every year in London where sports betting is big business and plenty of action takes place.
At least one of the national sports leagues appears to be taking a more realistic stance; earlier this year NBA Commissioner Adam Silver told a business conference that he was not opposed to the idea of sports betting and expected his league would participate in the future

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Gambling News :

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

Novomatic has announced a legal action against Euro Games Technology - Online and land gambling equipment and games provider Novomatic has announced a legal action against Euro Games Technology Ltd., which it claims has unfairly created imitations of its slot games.

Starcraft ProLeague SHutting Down after 14 Years - Announcing the end of the road for the League, once pre-eminent in Asian eSports gaming, the Korean Esports Association blamed ethical scandals and competition for its decline in popularity.

Team Hot Launches - #teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.

Netent Q3-2016 Earnings Report - #netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.

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