Sports-Betting Bill Expected To Pass West Virginia Senate

This article first appeared on GamblingCompliance.

Written By: Nick Garcia

Legislation legalizing sports betting at West Virginia casinos is expected to be passed in the state Senate, after the Senate Finance Committee overwhelmingly approved the bill while rejecting two amendments that would have expanded the involvement of the state’s lottery.

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Penn National Post Fourth-Quarter Loss, Lauds West Virginia Sports Betting Model

An edited version of this article first appeared on GamblingCompliance.

Written By: Nick Garcia

Penn National Gaming’s $2.8bn acquisition of Pinnacle Entertainment and post-Las Vegas shooting struggles with the Tropicana were just two reasons for the company’s fourth-quarter loss, executives said Thursday.

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Super Bowl 52 wagers expected to top $138.5 million in Nevada

An edited version of this story first appeared on: GamblingCompliance

Will Tom Brady score the first touchdown in Super Bowl 52?

Will there be a blocked field goal or blocked punt returned for a touchdown?

You can even wager money on whether the Vegas Golden Knights and Washington Capitals will score more goals than Danny Amendola will have receptions for the New England Patriots.

These are just a few of the proposition (prop) bets gamblers will spend millions of dollars on in sportsbooks in Nevada.

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Fantasy sports advocates eye Ohio for latest legislative win

This is a series on Daily Fantasy Sports that first appeared on: GamblingCompliance.com

Sponsors of a bill in Ohio to legalize and regulate daily fantasy sports (DFS) are confident their measure will be passed into law this year after picking up further support from the state’s professional sports teams.

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DFS Expected To Survive Even If U.S. Sports Betting Expands

This is a series on Daily Fantasy Sports that first appeared on: GamblingCompliance.com

The decision by the U.S. Supreme Court on whether to overturn the federal ban on sports betting could have a serious impact on how states go about regulating both industries in the future, according to consultants, legal analysts and daily fantasy sports (DFS) advocates. Continue reading →