Sports Betting: 2018 in retrospect

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Sports Betting: 2018 in retrospect
Sports Betting: 2018 in retrospect

It’s true that the holidays slowed down the pace of action on the sports betting throng, though it is picking up steadily. Lots of events on the 2019 scene, and it begins with one high-profile partnership with a gambling giant.

2018 in Summary

The New Year should present a perfect opportunity for a reflection on the year gone by, both on the personal and professional level. 2018 was quite busy, if not the busiest year. Something as little as a small fire sparked in 2017 turned into a conflagration, especially as the Supreme Court repealed the PASPA in May. At theLines, the intrepid chops compiled his sport betting stories of 2018, the SCOTUS decision being at the top spot. The Haralabob is included too.

The Year Ahead in Sports Betting

The year is still fresh, and it holds even more exciting promises for followers of the sports betting scene. For things to look out for, we intend to see what the future holds for New Jersey gambling, and some bold predictions for sport betting this year.

This Week’s Major News in Sport Betting

The NFL-Caesars deal broke the headlines this week.They penned a deal in a move that will make them partners. There is no sports betting component yet, though it is most likely it featured in their deliberations.

MGM was previously in bed with other US Sports leagues like the NBA, NHL, and MLB, but it would appear that the NFL chose a different path.

Caesars was also in the news again this week in NY, a favorite to pass a new sports betting law this year. It announced another dalliance with Oneida Indian Nation that will see the birthing of three retail sportsbooks. The casinos owned by Oneida are all located at a central spot near Syracuse. In spite of the legislative job still in the works, both parties are expected to bring about NY sport betting this year.

Snippets

These include DraftKings adding more casino games like roulette and video poker as well as slots to its sportsbook app.

Parx enters the Penn State sports betting scene when it opens its retail sportsbook. The revenue from the expanded gambling in PA is nearly 400 million dollars, while the unequivocal and witty Martin Derbyshire argues that the only thing government is there for is to deal with the illegal gambling market.

Guest analyst, Vincent Oliver gives educated views and reports on the current climate for legality in California, as well.

Two major hires also made the news, namely:

  • The inclusion of Laila Mintas in the Bet.Works board
  • Gavin Isaacs becoming the non-executive chairman of SBTech.