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1xBet offers Uganda online betting to all its customers

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How to find the best online betting sites – European gaming industry news

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The Asian Electronic Sports Federation (AESF) has signed a Memorandum of Understanding with the South Korea Games Scoring and Administration Committee (GRAC) that will further strengthen preparations for esports at the Team Selection Pool program. EFSA game titles for future Esports events. .

This memorandum of understanding, which enters into force on July 29, 2021, will remain valid for the next three years.

Known by many to be the birthplace of esports, the Korean esports scene is highly regarded as being at the forefront of the industry and the official organization linked to the Korean government and affiliated with the International Age. Rating Coalition (IARC) is responsible for providing the approval. games for local use while playing an important role in shaping the gaming industry and esports culture in Korea.

In 2017, GRAC signed an agreement with the International Age Rating Coalition (IARC), making it the newest and only rating authority in Asia to participate in the global rating system for digital games and mobile applications.

This puts GRAC on par with the Entertainment Software Rating Board (ESRB) in North America, PEGI in Europe, ClassInd in Brazil, USK in Germany and the Classification Board in Australia using IARC’s streamlined system to ensure consumers Today’s digital players access established and trusted age ratings on all gaming devices.

Together with GRAC, earlier this year EFSF formed an internal working group to oversee the selection of games, called the “Game Title Selection Pool Program”. Comprised of experts and industry professionals, the task force is formed to ensure fairness, accessibility, legitimacy of content and transparency in the selection of esports titles played in all sanctioned tournaments. EFSF in the future.

By working closely with industry experts and relevant stakeholders, this working group aims to uphold the integrity and maintain the high professional standards of esports.

Through this agreement, the GRAC, represented by the President, Mr. Lee Jae Hong, will share its knowledge and expertise and act primarily as a reference for matters relating to the evaluation of the game content of all titles applied for the ” AESF Game Title Selection Pool Program ”in the future. The evaluation process will mainly relate to the suitability of the content for esports in accordance with the criteria established for the evaluation of the content of the game.

With the aim of creating a transparent and fair outcome, the game selection process for future EFSA and Olympic competitions will also adhere to the highest standards introduced and implemented by EFSF and the Olympic Council of Asia (OCA). .

Commenting on the momentous occasion, GRAC President Mr. Lee Jae Hong said, “We are very happy to be a part of this initiative which plays a huge role in ensuring the integrity of esports in future competitions. Alongside our counterparts from EFSF, I look forward to a fruitful collaboration which will eventually allow esport to be recognized alongside other traditional sports on the biggest sporting scene.

“We will be working with EFSF to create a healthy esports culture and energize this scene for many years to come. We will also try to improve our national status and expand the fields of collaboration in game-related ecosystems by promoting the international standardization of the classification of game rankings, ”he added.

EFSF Director General Sebastian Lau echoed this sentiment, stating: “This partnership with GRAC is in line with our goal of ensuring the highest standard for all continental and regional esports tournaments. under the administration of EFSF. Not only does this show transparency in the selection of esports titles, but it hopefully also sets a benchmark that all future tournaments will follow.

E-sports have seen massive growth in Asia with official participation in various regional sporting events, including as a demonstration game at the 2017 Asian Indoor and Martial Arts Games and the 2018 Asian Games in Jakarta. In 2019, at the Southeast Games in Manila, esport was included as a medal-winning sport in its own right. The momentum continues as esports will feature as the official medal-winning sport at the 2021 Asian Martial Arts and Indoor Martial Arts Games in Thailand and the 2022 Asian Games in Hangzhou, China.


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Sportsbook Money in Florida Would Fund Education Under Proposed Constitutional Amendment

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Directing gambling money to public education convinced Florida voters to sign a state lottery more than three decades ago.

Now, the sports betting giants are banking on a similar strategy to legalize sports betting across the state, which could undo the cornerstone of a $ 2.5 billion deal recently reached by Governor Ron DeSantis and the United States. Seminole tribe.

A political committee backed by DraftKings and FanDuel, two major online sports betting platforms, has filed a constitutional amendment proposal with the State Elections Division that would legalize sports betting and direct state revenue from popular activity towards education.

The proposed constitutional amendment, sponsored by a political committee known as the Florida Education Champions, would allow sports betting on professional sports venues, pari-mutuel facilities and statewide via online platforms.

If betting income is taxed, taxpayer money should flow into what is known as the State Education Improvement Trust Fund, according to the proposed amendment, posted on the website on Thursday. of the State Elections Division.

“The Florida Elections Division has just approved the committee’s request to be assigned an official serial number for the placement of ballots. raise taxes, ”said Christina Johnson, spokesperson for the committee, in a prepared statement. Johnson’s husband David, a former Republican agent, is chairman of the committee.

The proposal would cancel an agreement, known as a “compact,” signed by DeSantis and the president of the Seminole tribe of Florida, Marcellus Osceola Jr. in April, which would give the tribe control of sports betting in the state. Lawmakers approved the pact in a special legislative session last month. The pact would provide $ 2.5 billion in payments to the state over five years, with additional funds in subsequent years.

The US Department of the Interior, which oversees India’s gambling issues, received the pact on Monday. This opened a 45-day window for the federal agency’s Office of Indian Affairs to approve the deal, reject it, or allow it to go into effect without taking any action.

As part of the pact, the tribe would serve as a hub for online sports betting across the state, with pari-mutuel operators under contract to it. The plan would allow residents of the state to place sports bets using mobile phone apps, with the Seminoles hosting the sports betting business through computer servers on tribal lands.

The proposed constitutional amendment “is a Hail Mary policy of foreign companies attempting to interfere with the affairs of the people of Florida,” Seminole Gaming spokesman Gary Bitner said in an email. .

“They couldn’t stop Florida’s new gambling deal, which was passed by an overwhelming 88 percent vote of Florida’s elected officials and has 3-to-1 support from Floridians and guarantees $ 2.5 billion in cash.” revenue sharing. The guarantee is the biggest commitment of any game company in US history, ”Bitner added.

To secure the proposed constitutional amendment in the 2022 ballot, the Florida Education Champions Committee would have to submit 891,589 valid petition signatures to the state by February 1. He would also need the approval of the Florida Supreme Court on the wording of the proposed ballot.

Proponents of the proposal are rushing to collect contributions before Thursday, when a new law comes into force setting a $ 3,000 limit on contributions to political committees during the petition-gathering phase of election campaigns.

Republican lawmakers, who approved the contribution cap in the legislative session that ended in April, argued that it was necessary to prevent high-level donors from amending the state’s constitution.

But critics of the cap argue that it will be impossible to collect the signatures required to put the proposed constitutional amendments on the ballot. Petitions typically cost millions of dollars.

The American Civil Liberties Union of Florida and the political committees behind three proposed constitutional amendments related to the vote have filed a lawsuit challenging the contribution cap. The plaintiffs have asked U.S. District Judge Allen Winsor to prevent the law from coming into force next week. Winsor held a hearing Thursday on the plaintiffs’ motion for a preliminary injunction, but did not rule.

John Sowinski, president of the No Casinos group, blasted the sports betting proposal. Sowinski’s group has also opposed the sports betting provision in the Seminole Pact, which is likely to face a number of legal hurdles even if federal authorities allow it.

“The type of modern internet sports betting permitted in this amendment is not simply betting on the results and the spread of points,” Sowinski said in a statement.

The proposed sports betting amendment “includes highly addictive ‘prop bets’ that continually ping players through smartphone apps to entice them to bet on things like:” The first game in the next series of low will it be a run or a pass, “or,” will Tiger hit that putt, “Sowinkski said.

“Countries that have this type of betting have shown troubling spikes in adolescent gambling and addiction, a recipe for long-term social and economic costs that far outweigh the perceived benefits,” Sowinski added.


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Single-event sports gambling will become legal in Canada with the passage of Bill C-218 in the Senate

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Betting on single matches of football, hockey and other sports is about to become legal in Canada.

The Senate approved Bill C-218, a private member’s bill that amends the Criminal Code provisions relating to gambling on single sports games – currently illegal except for horse racing – in the aim to win back customers from offshore sites, US casinos and illegal bookmakers.

The upper house approved the bill on Tuesday by a 57 to 20 vote. It is now awaiting royal assent to become law.

Conservative MP Kevin Waugh’s bill has sparked renewed enthusiasm from lawmakers from all four major parties and marks the third time that a purported law with the same purpose has paved the way in Parliament, but never so far.

Similar legislation was passed by the House of Commons with all-party support nearly a decade ago, but sank into the Senate and died when an election was called in 2015.

A second attempt by NDP MP Brian Masse also failed after the then Liberal majority rejected his private member’s bill along with the Tories in 2016.

The Liberals then rolled the dice last November with their own legislation, which they then scrapped when Waugh agreed to incorporate his protections for the horse racing industry into his bill.

The bill was passed by the House of Commons with the support of several parties in February.

The legislation has been passed by the Canadian Football League, the National Hockey League and other professional sports. It has also garnered the provisional support of a tight-knit equestrian community that remains wary of foreign casinos and gambling sites encroaching on its territory.

Conservative Senator David Wells, who sponsored the bill in the upper house, predicted that legally allowing Las Vegas-style betting on single games would eat into the multi-billion dollar black market and redirect that revenue back to provincial government coffers.

Currently, he told the Senate in the final debate last week, “Canadians place billions of dollars in bets each year thanks to these [offshore] sites, which are not regulated at all in Canada.

Provincial governments, which regulate gambling in Canada, are calling for the legalization of single-event betting, Wells added, saying they could reap billions in revenue that could be used to support drug addiction research, health care. health, education and other priorities.



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75% of the money bets on 76ers on Hawks

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The Philadelphia 76ers were upset by the Atlanta Hawks at home in Game 1 of their Eastern Conference semifinal series, but most punters are confident Philly will bounce back.

The Hawks were on fire from the start and took a sizable halftime lead in Game 1. The Sixers fought back in the second half, but the deficit was too large for a Hawks 128-124 victory.

Entering Game 2 on Tuesday night, the Sixers are favored by six points at BetMGM. The Sixers opened as the five-point favorites, but that number rose to six, with the majority of punters siding with Philly.

According to BetMGM, 66% of the bets and 75% of the money are on the Sixers covering the spread and tying the series at 1-1 before traveling to Atlanta.

The Sixers have been the favorites in their six playoff games so far. They are 4-2 ATS in these games. The Hawks are 3-1 ATS as a playoff underdog with three clear wins.

Bettors also strongly favor the over. The total opened at 222.5, but rose by one point to 223.5. According to BetMGM, 80% of the tickets and 83% of the money ultimately arrived.

Trae Young scored 35 points in the Atlanta Hawks’ win over the Philadelphia 76ers. (Photo by Tim Nwachukwu / Getty Images)

Opening of the Jazz-Clippers series

On the heels of a Game 7 victory over the Dallas Mavericks, the Los Angeles Clippers travel to Salt Lake City to face the West seeded Utah Jazz.

The Jazz have beaten the Memphis Grizzlies in five games in the first round, so there’s a clear rest advantage here for Utah. The Jazz are the four-point favorites for Game 1 on Tuesday night with a total of 220.5.

Bettors largely ride with Jazz. By BetMGM, 77% of the bets and 78% of the money are on Utah. Over is a popular game with 66% of the stakes and 73% of the money on the over.

All five of the Jazz’s first round games against the Grizzlies topped the total.

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Mobile sports betting money tempts cash-strapped states

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ATLANTIC CITY, NJ (AP) – States across the country are realizing what gamers understood long ago: the future of sports betting – and the tax money that comes with it – is online.

But they also realize that the extra tax money is not enough to turn seas of red ink into black. This was the case even before the coronavirus pandemic left huge holes in state budgets.

Currently, 15 states plus Washington, DC offer mobile sports betting, and several more are considering adopting it. New York is poised to become one of the largest markets in the United States, passing a budget last week that includes mobile sports betting after years of opposition from Democratic Governor Andrew Cuomo, who is expected to sign it.

In the United States, more than 80% of sports betting is done via a smartphone or computer, and lawmakers in New York have grown tired of seeing locals driving, taking the train, or even cycling across the street. the Hudson River all the way to New Jersey to do sports betting – money that went to The New Jersey casino and tax offices instead of theirs.

“New Jersey made $ 83 million in revenue in January; New York, which had its highest month in history, raised $ 3 million, ”said New York Senator Joseph Addabbo Jr., who added that 25% of New Jersey sports betting comes from New York. Yorker. “The disparity between states that have mobile sports betting and those that don’t is as wide as the Grand Canyon. How long can you sit back and watch the money flow from your state to another state? “

Important details remain to be determined on how exactly mobile sports betting works in New York City, and it could be 2022 – Super Bowl Sunday is an oft-mentioned target – before its residents can actually place bets online.

Chris Krafcik, managing director of Eilers & Krejcik Gaming, which follows gambling laws, said seven more states could legalize mobile sports betting this year: Arizona, Connecticut, Louisiana, Maryland, Massachusetts, Maine and Ohio . By the end of the year, 20 to 23 states could offer it, he said.

In 2019, a panel of experts predicted that 90% of sports betting in the United States will be done via cell phones or the Internet over the next five to ten years.

But two years later, we’re almost there: Nationally, 81% of sports betting is done online, according to the American Gaming Association. For the first two months of 2021, that figure rose to 85%. In New Jersey, the country’s largest sports betting market, 92% of last year’s bets were made online.

Mattias Stetz, COO of Rush Street Interactive, which operates BetRivers.com and PlaySugarHouse.com in Pennsylvania, said 87% of his company’s sports betting is made through mobile devices in markets where online betting and in person are available.

“It is clear from the numbers that mobile and online sports betting is very important to the entire sports betting industry,” he said. “Sports fans appreciate the opportunity to bet from the comfort of their own homes. “

It has also long been clear that taxing sports betting money, as a welcome addition under the “something is better than nothing” doctrine, is not a panacea for cash-strapped states.

Michigan launched online sports betting in late January and processed nearly $ 302 million in bets in February, the fastest a state has reached this level of betting action. This led Richard Kalm, executive director of the state’s Gaming Control Board, to say “We drank from a fire hose” to deal with a surge in money from gambling.

But sportsbook only kept $ 9.5 million and paid $ 142,240 in taxes on it. Sports betting in Michigan is taxed at 8.4%, which is less than in many other states, at least two of which retain 50% or more of total sports betting income.

The National Conference of State Legislatures, in a report last month, recognized the discrepancy between the seemingly huge amount of money wagered and the much smaller amount of it paid to states in the form of tax revenue. The average bookmaker keeps around 7.2% of the bets he manages; taxes are calculated on this amount, not on the much larger total amount of money wagered.

“Yet revenue potential has been a major selling point for the legalization of sports betting in many states,” the conference wrote in its report. “From this perspective, mobile options seem likely to increase. “

But, he added, “States looking to close budget gaps with sports betting revenues may be disappointed, especially as more and more states legalize and take their end of the bargain.”

New Jersey saw over $ 6 billion wagered last year alone. Still, his cut was $ 50 million, just a fraction of 1% of the state’s $ 40 billion budget.

In Pennsylvania, about three-quarters of the $ 38.7 million in sports betting tax revenue was owed to mobile betting in fiscal 2020. Its state budget exceeded $ 36 billion.

States that do not have mobile sports betting have seen their tax revenues decline.

___

Follow Wayne Parry on http://twitter.com/WayneParryAC



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The solution is in: Protecting Consumers, Sport in the Emerging Online Betting Industry – JURIST – Commentary

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Scott B. Scheinberg and Joshua R. Sallmen, Associates at Jones Day, discuss the puzzles the online sports betting industry faces when it comes to consumer protection …

Whether it is about “investing” in actions even like GameStop or rushing to a convenience store to try to win $ 1 billion Mega Millions Jackpot, Americans are hungry for a get-rich-quick scheme. After all, it hasn’t helped that Congress continues to drag its feet to provide economic relief to Americans who have been affected by the COVID-19 pandemic. People want to engage in risky behavior in tough economic times, and online sports betting presents the perfect buffet of options.

Online sports betting remains a recent phenomenon. It has only been three years since the Supreme Court of the United States overturned federal law that limited sports betting to essentially a state. At the time, twenty states have legalized online sports betting. Many others have introduced legislation to do the same.

But as with any emerging industry, there are legal questions that need to be answered. How will income from sports betting be taxed? Will sports leagues benefit from reduced tax revenues? How will the government investigate and control potential fraudulent activity in order to protect the integrity of professional and amateur sports and to protect consumers?

Barstool Sports President Dave Portnoy may get a firsthand answer to the last question sooner rather than later. In early February 2021, the company hosted a ‘Rough N’ Rowdy ‘event, which is a recurring amateur boxing contest held in West Virginia. Bar stool acquired the Rough N ‘Rowdy brand in 2017. The February fight card was titled by the former MLB great José Canséco, who fought a Barstool trainee. Except he didn’t. Canseco was knocked out in ten seconds. He never landed a punch.

Rumors began to circulate that Canseco pitched the match and only agreed to fight to be paid over $ 1 million. Portnoy himself was at the head of the burden of these rumors. Immediately after the fight, Portnoy took to Twitter to say that Canseco “100% took the plunge”.

Barstool Sportsbook, which operates in Michigan and Pennsylvania, bet on the fight in Michigan. He did the right thing, especially after Portnoy’s comments, in reimbursement of bets on Canseco. Bar stool did not reimburse the $ 20 viewers spent to purchase the fight, however.

Barstool’s troubles did not end there. The fight is now under investigation by the West Virginia State Athletic Commission because the annual event was held in Mountain State and sanctioned by its athletic commission.

Under The Sports Betting Law in West Virginia, a person is guilty of a crime when he “offers, promises or gives anything of value to anyone for the purpose of influencing the outcome of a race, sporting event, competition or competition. Game. . . . “If a person is found to be in violation of this provision, they may face a fine of $ 5,000 to $ 10,000, jail time from one to five years, or both.

In this situation, it is not known what the athletic commission will conclude. Even though Portnoy’s actions exceed the bounds of sports betting law, another fact that raises eyebrows is that Portnoy was involved in almost every aspect of this boxing match. This was an event he promoted involving the company he founded and featuring his own intern that took place at a location owned by a company that owns a 36% interest in Barstool Sports. The whole storyline raises questions about the integrity of the fight that don’t appear to be addressed by West Virginia law. It also doesn’t help that since West Virginia law came into effect on March 3, 2018, the law has never been used to prosecute a bad actor.

The problem isn’t just in West Virginia. In one full article Written by Associate Professor Jodi S. Balsam of Brooklyn Law School, it examines the issue of the increased risk of match-fixing associated with the expansion of sports betting. It notes that none of the jurisdictions that had legalized sports betting at the time of writing in 2020 included the criminalization of match-fixing in enabling legislation. This leaves the only mechanism for punishing unlawful behavior to reckless sports corruption laws. She observes that in 2020, “of the forty-six jurisdictions with sports and bribery / forgery laws, Westlaw’s” notes and decisions “and” citing references “record a combined total of nine prosecutions, none is newer than 1987. “In addition, the existing statutes arguably leave holes and do not address” extortion, blackmail, coercion or lone wolf behavior, “according to Balsam. It remains to be seen whether these statutes will be dusted off and implemented in our burgeoning world of sports betting, but neither Professor Balsam nor we are holding our breath.

This comment does not take a position on whether Barstool actually committed an infringement. Such determination is best left to the appropriate investigative body which can gather all the facts and apply them to the law. The question is not whether there was criminal act in this single event. It is possible that Canseco acted alone to start the match or even possible that Canseco was truly eliminated in what has to be one of the fastest pay-per-view fights in history, though certainly not one of the fastest. most watched. But Barstool had full control over this event, and its own executive questioned the integrity of the event. West Virginia has done the right thing by opening an investigation, but if there has been foul play, there is arguably no strong regulatory or criminal investigation authority in West Virginia or any state. to punish him.

In other words, there is apparently nothing – with the exception of some old laws that have never been used in this context or any other since 1987 – to prevent a company from hosting an event in a location. other state or country, to bet on it and fix the result. . Indeed, after the suspension of mainstream sports at the start of the COVID-19 pandemic, sports betting began offering betting markets on table tennis matches detained “in an undisclosed location in Eastern Europe”. Months later, New Jersey suspended betting on some games after a match rigged alert of the Sports Wagering Integrity Monitoring Association, a private, non-profit watchdog body. And yet, in the face of evidence of impropriety on the events offered for betting to residents of New Jersey and other states, it is not clear whether New Jersey or any state has taken any action other than suspending betting. future bets on the players involved. But sports betting, such as FanDuel Sportsbook in Pennsylvania, continues to offer table tennis matches, as well as other minor and obscure events and competitions. If any of these events or competitions were rigged, the consumer would be at the mercy of the sports betting themselves to control it, as it does not appear that the current regulatory and criminal framework is up to the task. Blatantly, Michigan officials have not announced an investigation into the legitimacy of the heavily publicized Rough N ‘Rowdy event that its own residents have gambled on. It remains for us to hope that these less notable events are not corrected or altered.

Lawmakers and those in leadership positions in major professional sports leagues agree that protections must be in place to protect the integrity of professional and amateur sports, as well as consumers who place legal bets on the results of competitions. . Shortly after the Supreme Court’s annulment of the Professional and Amateur Sports Protection Act, leaders of major professional sports leagues testified before the House of Representatives about the need for such regulation. Jocelyn Moore, who is executive vice president of communications and public affairs for the NFL, declared, “The lack of clear standards for sports betting threatens the integrity of our nation’s sports competition, something Congress has sought to protect for nearly 60 years.”

Moore also suggested that the lack of clear regulations from states that have legalized online sports gambling is not an oversight. Instead, she testified, “[W]We are seeing a race to the bottom of the regulations. As a result, West Virginia may not have opened an investigation into the Rough N Rowdy event if Portnoy had refrained from tweeting about it to his 2.3 million followers. If a foul play occurred with the event and the perpetrators got caught, they may have Portnoy to thank. But a savvy match-maker won’t tell the world she’s tipped the scales, and under the current rudimentary investigation and discipline framework, she could get away without even an investigation. Maybe she already has. We do not know. And that is where the problem lies.

Scott B. Scheinberg is a partner at Jones Day and a member of the Commercial and Torts Litigation and Investigations and White Collar Defense practice groups. He has helped companies navigate a wide variety of investigations on topics ranging from environmental compliance to financial and accounting fraud. Scott attended law school at the University of Pittsburgh, where he was editor of the Law Review.

Joshua R. Sallmen is a partner at Jones Day and a member of the firm’s work and employment practice group. He defends employers against a wide variety of claims, including unpaid wages, unpaid employee benefits, and wrongful dismissals under state and federal laws. Prior to joining Jones Day, Josh served as Legal Assistant to the United States Court of Appeals for the Third Circuit. Josh attended law school at the University of Pittsburgh, where he was editor of the Law Review.

The opinions expressed in this commentary reflect exclusively the opinions of the authors and not those of Jones Day or any of its clients.

Suggested citation: Scott B. Scheinberg and Joshua R. Sallmen, The Fix Is In: Protect Consumers, Sports in Emerging Online Betting Industry, JURIST – Professional commentary, March 11, 2020, https://www.jurist.org/commentary/2021/03/scheinberg-sallmen-sports-betting-consumers/.


This article was prepared for publication by Vishwajeet Deshmukh, an editor of JURIST. Please direct your questions or comments to [email protected]


The opinions expressed in JURIST comments are the sole responsibility of the author and do not necessarily reflect the opinions of JURIST’s editors, staff, donors or the University of Pittsburgh.



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Bookmakers urged to repay trade rate relief as online betting explodes

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Bookmakers urged to repay business rate relief after online betting boom under foreclosure










MPs urged bookmakers to pay back tens of millions of pounds of trade rate relief after online betting exploded during the lockdown.

Many of the pandemic winners have returned more than £ 2 billion in trade tariff relief.

Kingfisher, owner of B&Q, is the latest. He has returned £ 130million in tax relief following a DIY and home improvement boom during the lockdown.

Full house: Although bookmaker shops were closed during both closings, businesses have benefited from a boom in online gambling

Now the pressure is mounting on gaming companies to repay their rate relief. Ladbrokes Coral owner GVC, which has 3,300 stores in the UK, will receive £ 20million in trade tariff relief this year, while Paddy Power owner Flutter, which has 350 stores in UK, will benefit from £ 4.8million.

Although bookmakers were closed in both lockdowns, they have benefited from the boom in online gambling.

GVC raised its profit forecast to £ 780million in November thanks to ‘current online trading’ and saw its share price almost triple from its low in March.

Despite the business boom, he also refused to return tens of millions of pounds claimed under the leave scheme.

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Flutter’s revenue grew by nearly a third between July and September, and this week he signed a £ 3 billion deal to buy a larger stake in US sports betting company Fanduel.

MP Esther McVey, leader of the Conservative blue collar group, said: “If you don’t need the government document, send it back because there are a lot of people who will.”

Labor MP Carolyn Harris, chair of the All-Party Parliamentary Group on Gambling Harms, said: ‘While so many bars, restaurants, pubs and shops fear for their survival, it is right that the big bookmakers pay this money back so that it can be directed where it is needed most.

Flutter and GVC declined to comment.


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Great repression by the government of Andhra Pradesh on online betting, gambling; 132 websites, blocked apps

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At the end of 2020, bet money on President Donald Trump

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Posted on: October 20, 2020, 8:48 a.m.

Last update on: October 20, 2020, 10:05 a.m.

The 2020 election is only two weeks away, and punters recently put huge sums of money on a victory for President Donald Trump.

Trump Biden 2020 odds
President Donald Trump appears to have momentum in the home stretch of the 2020 election. But pollsters and punters believe the gap is still too large to be closed. (Photo: AP)

Since The New York Post posted alleged emails from the son of 2020 Democratic candidate Joe Biden, Hunter, detailing his business in Ukraine and China, the vast majority of bets have been on Trump. Odds Checker says about 75 percent of all money wagered on the presidential result over the past week has been on the incumbent.

As a result, William Hill reduced Trump’s odds of winning from 13/8 (38.1%) a week ago to 7/5 (41.67%) today. Conversely, Biden’s line went from 1/2 (66.67%) to 4/7 (57.14%).

Political betting has not yet been approved in any state with legal sports betting. This is not the case in the UK, where gambling on political results has been a cherished pastime for a long time.

“Every sportsbook on our UK website reduces Donald Trump’s chances of winning the 2020 US election,” said Sam Eaton, Oddschecker Marketing Director.

The story repeats itself ?

For those with a feeling of déjà vu, you are not alone. Four years ago, punters and pollsters had Hillary Clinton as a pretty sure thing. In fact, Irish bookmaker Paddy Power paid bets on the former first lady even before she won the election.

About 61% of all bets on the 2016 election were on a Trump shake-up, which, of course, came true. The 2020 showdown appears to follow a similar trend – the Democratic candidate with a strong lead in betting and polls, followed by a belated accusation from Trump.

The Donald Trump effect is really starting to take hold now with his chances of being re-elected [improving] last week, and therefore the possibility of it causing upheaval, as it did in 2016, an even greater possibility, ”said Betfair spokesperson Sam Rosbottom. Las Vegas Review.

Rosbottom added that Trump is emerging as the frontrunner in Florida, which many political experts say is the most critical state for his reelection bid.

“The reason for this move is that we have seen some of our most savvy political punters backing Trump in recent days,” added Bovada odds manager Pat Morrow. “If we continue to see money on Trump, we would consider going even further.”

Bovada has Biden in the lead at 10/17 (62.96%) and Trump at 13/10 (43.48%).

Still a lot of momentum Biden

While there is strong betting action on Trump, pollsters say Biden remains the big favorite to become the next commander-in-chief. the A real clear policy the poll average puts the Democrat 8.6 points ahead of Trump.

On the political betting exchange PredictIt, Biden’s winning shares on Nov. 3 have also not budged significantly. Biden’s shares are trading at 65 cents, Trump’s at 40 cents.

The last two weeks will see the two candidates trying to find needles in a haystack: undecided voters in key states. Trump’s last-minute campaign ads are largely funded by Las Vegas Sands billionaire Sheldon Adelson, who recently donated $ 75 million to the president’s re-election effort.


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