Chinese Casino Magnate Expands in Laos

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Category: Gambling Industry

Created: Sunday, 11 April 2021 09:40

Chinese casino magnate Zhao Wei wants to expand his businesses in Laos. Among his plans are tourism projects and other business ventures in various parts of the country. According to sportsbook pay per head reports, Zhao Wei visited the Saravan province and met with its governor.

Zhao Wei discussed the possibility of building an airport in the province. Also, he wants to invest in tourism and agricultural development projects. The casino magnate visited several locations near the border with Vietnam.

According to casino news, Zhao didn’t say if he will construct a casino in the area. He plans to plant commercial trees along the Vietnamese-Lao border. Zhao is the Kings Romans Group chairman with a 99-year lease over the Golden Triangle Special Economic Zone.

Chinese Casino Magnate Laos Expansion

The Golden Triangle Special Economic Zone is a tourism and gambling zone in a remote location. It is near the boards of Myanmar, Thailand, and Laos. Before his operations in Laos, Zhao used to have casinos in Mong LA and Macau. According to sportsbook reviews, the former is a rebel-controlled area in Myanmar popular among Chinese gamblers.

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Be on the Right Side of the Action

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Category: Gambling Industry

Created: Sunday, 21 March 2021 21:19

The tide has already begun to turn prior to that with the rise in popularity of Daily fantasy Sports (DFS), but the Court’s ruling opened the floodgates. Sports leagues that had taken great efforts to distance themselves from gambling’s influence are now forming partnerships with wagering entities. What was once considered a sleazy activity has now gone mainstream.

Over 20 states have passed legislation and are in some stage of implementation of allowing sportsbooks to operate. They can be online, casino based or both and have strict regulations for operation. The same major players are running the sportsbooks, with Caesar’s Entertainment, BetMGM, DraftKings and FanDuel among the most prominent.

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Online Sports Betting Blocked in Central New York

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Category: Gambling Industry

Created: Sunday, 04 April 2021 11:30

A large portion of Central New York and western New York might be left out of the proposed online sports wagering initiative. There are talks that online sports betting would be blocked in Central New York because Native American tribes have exclusive gambling rights.

According to casino news reports, Governor Andrew Cuomo and state lawmakers discuss a deal that would allow online sports betting in the state. They think that revenue from the activity can help reduce the budget deficit.

However, there are concerns that the plan excluded areas where Native tribes have exclusive gambling rights. In Central New York, those areas are Chenango, Cayuga, Cortland, Lewis, Oneida, Madison, Onondaga, Herkimer, Otsego, and Oswego counties.

Blocked in Central New York

The Oneida Indian Nation has exclusive gambling rights in those counties as part of the 2013 deal with the state government. The compact included potential mobile sports betting. Also, the issue could affect western New York counties, such as Niagara, Cattaraugus, and Erie. That’s where the Seneca Nation has exclusive gambling rights. However, their compact with the state has different terms.

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BetMGM Partners with Buffalo Wild Wings for New Sports Betting Experience

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Category: Gambling Industry

Created: Sunday, 14 March 2021 09:04

BetMGM partners with Buffalo Wild Wings sports bars to launch a new sports betting experience. The initiative will allow BetMGM players who use the sports betting apps inside the sports bar to access various betting options and special offers.

Some bonuses include curated boosts, parlay bets, and the new Blazin’ Bets feature. However, the offer is online available in states where mobile sports wagering is legal. On their part, Buffalo Wild Wings will launch an in-bar channel that would provide sports betting content.

The OT Odds Powered by BetMGM will offer live game odds and betting and fantasy advice. Also, the sports betting firm upgraded the sports bar’s Picks and Props free-to-play game. Players now have access to new parlay gameplay.

BetMGM Partners with Buffalo Wild Wings

BetMGM has been a Buffalo Wild Wings partner since September 2019. Their strategic partnership led to more than 500,000 users participating in free-to-play games. According to sportsbook pay per head reviews, the partnership allowed BetMGM to redefine how people can enjoy sports.

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Businesses Want to Increase Mobile Maryland Sports Betting Licenses

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Category: Gambling Industry

Created: Sunday, 28 March 2021 20:58

A House bill would create the framework of the sports betting market in Maryland. The Budget and Taxation Committee held a public session last Thursday and is a platform for people who want to open a sportsbook a sportsbook. Also, they want lawmakers to increase mobile Maryland sports betting licenses.

Female- and black-owned businesses dominated the public hearing. According to sportsbook pay per head reports, they want more opportunities for minority-owned companies. Also, they want to offer more mobile sports betting licenses.

Speaker of the House Adrienne A. Jones sponsored House Bill 940, and the lower chamber approved it earlier in the month. Jones stated that the bill would allow Maryland to level the playing field with its neighbors. Also, it would bring additional revenue for the state’s education initiatives.

Mobile Maryland Sports Betting Licenses

Jones said that her bill maximizes opportunities for minority-owned businesses. They can participate as licensees or equity owners. Also, Eric G. Luedtke, House Majority Leader, said that the legislation would create a new Sports Wagering Application Review Commission. According to SportsbookSOS.com sources, the commission would come up with a bidding process to prevent industry disparities.

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Why is Live Betting So Popular?

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Category: Gambling Industry

Created: Wednesday, 03 March 2021 16:05

Live betting has been a growing betting trend for years now. It finds itself as one of the most popular ways to wager money on games.

The premise is simple: you're betting on an ever-changing line as a game unfolds. For NFL betting, a new spread, moneyline, and over/under will be available after every change of possession.

For NBA live betting, the spreads tend to update at each stoppage of play.

So, what makes live betting so popular among novice and experienced bettors alike?

ARE YOU READY FOR LIFE AFTER FOOTBALL

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