Category: Betting

  • SOFTSWISS Game Aggregator Expands to 27,800+ Games, Strengthens Global Footprint

    SOFTSWISS Game Aggregator Expands to 27,800+ Games, Strengthens Global Footprint

  • Oklahoma Lawmakers Renew Push for Sports Betting with Two Competing Bills

    Oklahoma Lawmakers Renew Push for Sports Betting with Two Competing Bills

    Oklahoma legislators are once again taking a swing at legalizing sports betting, introducing two separate proposals aimed at bringing the industry into the state. But as familiar debates over tribal exclusivity and financial viability resurface, the road ahead remains uncertain. With Native gaming interests split and Governor Kevin Stitt’s stance unclear, the battle for sports betting legalization is far from settled.

    Two Bills, Two Visions

    State Senator Dave Rader (R-Tulsa) and State Senator Casey Murdock (R-Felt) have each put forward a plan to legalize sports betting in Oklahoma. While both bills seek to regulate and tax sports wagers, they take very different approaches to the issue.

    Rader’s Senate Bill 125 (SB 125) proposes that all sports betting activity remain under existing tribal gaming compacts, ensuring that Native American tribes maintain control over the market. On the other hand, Murdock’s Senate Bill 164 (SB 164) adopts a more open-ended approach, allowing non-tribal entities to enter the space—a stance that aligns with Governor Stitt’s past preferences for a broader, less tribal-restricted gaming industry.

    The key differences between the bills raise big questions:

    • Should Oklahoma keep sports betting under tribal control, or should commercial operators be allowed in?
    • How would either approach impact state revenues and gaming compacts?
    • Will lawmakers finally push a bill through, or will the effort stall once again?

    The Demand is Clear—But So Are the Hurdles

    Sports betting is already happening in Oklahoma—just not legally. Senator Murdock pointed out that residents frequently travel to Kansas to place bets, a fact underscored by geolocation data.

    “I went to a conference last summer on sports betting, and a company that does geo-fencing showed me a map of Oklahoma. You could see people on I-35 headed to Kansas trying to place bets. As soon as they got into Kansas, you saw massive amounts of green dots,” Murdock said.

    Despite the clear demand, legalizing sports betting in Oklahoma has been an uphill battle. Past attempts never made it to a full legislative vote, often getting stuck in committees or withdrawn before gaining traction. The question isn’t just whether Oklahoma wants sports betting—it’s about how it should be implemented.

    Tribal Nations Hold the Cards

    The Oklahoma Indian Gaming Association (OIGA) hasn’t taken an official stance on the bills, but tribal leaders have been cautious. Their position is clear: any change to gaming laws must benefit the tribes, who currently hold exclusive gaming rights under compacts with the state.

    Matthew L. Morgan, chairman of OIGA, stressed that sports betting must make financial sense for all involved. The issue? Sports betting isn’t a major moneymaker compared to casino staples like slot machines.

    “Any proposed new or modified gaming offering must make sound economic sense for everyone involved,” Morgan stated.

    That’s a big deal. While sports betting gets a lot of attention, its profit margins are thin. Casinos make far more money on slot machines, which require fewer operational costs and offer higher returns. If sportsbooks aren’t a major revenue driver, tribes may not see much incentive to fight for them—especially if the state tries to cut them out of the deal.

    Governor Stitt’s Role in the Debate

    Governor Kevin Stitt’s stance on sports betting has been inconsistent. He previously advocated for opening the market beyond tribal gaming, a position that strained his relationship with many Native nations.

    His past clashes with tribes over gaming compacts could create a roadblock for any sports betting proposal. The Cherokee Nation and other tribes may be unwilling to renegotiate gaming agreements while Stitt remains in office.

    “Talking with some people who are very involved in Indian Country in Oklahoma, they’re almost just kind of glad to wait out his term when [Stitt] leaves office,” said gaming analyst Ryan Butler.

    This political tension means that even if a bill makes it through the legislature, getting tribal support—or avoiding a legal fight—could be another challenge.

    What’s Next?

    The battle over sports betting in Oklahoma isn’t just about passing a law. It’s about who controls the industry, how profits are shared, and whether the state and tribes can find common ground.

    The fate of SB 125 and SB 164 will play out in the coming months, but one thing is certain: legal or not, sports betting is already a part of Oklahoma’s economy. The question is whether lawmakers, tribes, and the governor can finally agree on how to regulate it.

  • New Hampshire Lawmakers Reject Proposal to Raise Sports Betting Age

    New Hampshire Lawmakers Reject Proposal to Raise Sports Betting Age

  • Sports Betting in Hawaii? Lawmakers Push for a Big Change

    Sports Betting in Hawaii? Lawmakers Push for a Big Change

    Hawaii has long been an outlier. While almost every other state has embraced some form of legalized gambling, the Aloha State has remained on the sidelines. No casinos, no sportsbooks, no lottery—just ocean views and strict gaming laws. But that could change soon.

    Several state lawmakers are making another push to bring sports betting and online gambling to the islands. Multiple bills have been introduced in the Hawaii Legislature, each with different approaches to legalizing gaming. Will 2024 finally be the year that Hawaii joins the betting scene?

    Bills Targeting Sports Betting and Fantasy Contests

    A pair of bills—HB1308 and SB1569—aim to legalize online sports betting and fantasy sports in Hawaii. Both would fall under the oversight of the state’s Department of Business, Economic Development and Tourism. If passed, these measures would tax gross receipts at 10%, ensuring that the state gets a cut of the action.

    State Sen. Kim Decoite (D) has also introduced SB1572, a bill that would establish the Hawaii State Sports Wagering Commission. The proposed commission would regulate sports betting with a slightly higher tax rate of 15%. One key difference? This bill does not include fantasy sports but would allow retail and online sportsbooks.

    Notably, Decoite’s bill would offer licenses only to operators that are already active in at least three other states. Unlike some jurisdictions that cap the number of licenses, SB1572 would have no minimum number of approved operators.

    Meanwhile, SB373 is also on the table. This measure focuses specifically on legalizing fantasy sports, a market that remains a legal gray area in the state.

    Online Gambling and Lottery Efforts

    The push for legalized gaming in Hawaii doesn’t stop at sports betting. Senate President Ron Kouchi (D) is championing SB1507, a bill that would create the Hawaii Lottery and Gaming Corporation. This proposed entity would oversee a variety of online gaming options, including:

    • Online lottery ticket sales
    • Poker and casino-style games
    • Sweepstakes gaming

    Interestingly, Kouchi’s bill does not include sports betting. However, it does pave the way for Hawaii to join the Multi-State Internet Gaming Agreement (MSIGA), which allows poker players from different states to pool their wagers and compete across borders. Given Hawaii’s relatively small population of 1.4 million, joining a shared liquidity market would be a game-changer for online poker.

    Why Now? The Economic Landscape

    Hawaii’s lawmakers have considered gambling before, but previous efforts stalled. What’s different this time?

    The state is currently projecting billion-dollar budget surpluses for the next four years, so the push for gambling isn’t being driven by immediate financial distress. But the long-term outlook isn’t all sunshine and rainbows. Officials are keeping a close eye on several economic concerns:

    • Maui wildfire recovery: The devastating fires of 2023 left lasting impacts on residents, infrastructure, and government budgets.
    • Declining tax revenue: While tourism remains strong, state tax collections have been trending downward.
    • Rising costs: Inflation and increased government spending could create financial pressure down the road.
    • Shrinking population: Like many states, Hawaii is seeing a slow but steady decline in residents, which could impact future revenue streams.

    With these challenges on the horizon, some lawmakers see gambling as a way to bring in new revenue without raising taxes.

    The Odds of Passage

    While these bills have been introduced with optimism, their path to approval remains uncertain. Hawaii’s political landscape has historically been resistant to gambling expansion. Cultural concerns and a general preference for a tourism-based economy have kept gaming efforts at bay.

    Opposition groups argue that gambling could bring unwanted social consequences, including addiction and increased crime. Others worry about the potential impact on Hawaii’s unique culture and identity.

    Still, attitudes toward gambling are shifting nationwide. More than 35 states have already embraced legal sports betting, and major gaming operators are eager to enter new markets. With billions of dollars at stake, the conversation in Hawaii is far from over.

    Will this be the year Hawaii finally opens the door to legal sports betting and online gaming? That’s still up in the air, but one thing is certain—this debate isn’t going away anytime soon.

  • Curacao Gaming Licenses: Real Success Stories in iGaming

    Curacao Gaming Licenses: Real Success Stories in iGaming

    Affordable, efficient, and globally appealing—Curacao gaming licenses have long been a favorite among iGaming entrepreneurs. With expert guidance from industry veterans like Fast Offshore, many operators have transformed bold ideas into thriving businesses. Here’s a closer look at some standout success stories.

    From Startup to Global Gaming Brand

    In 2015, a group of gaming enthusiasts came together with a big idea: launching an online casino targeting emerging markets. They faced the usual challenges—tight budgets, fierce competition, and the labyrinth of regulation.

    Opting for a Curacao gaming license was a game-changer. It provided affordability and quick approval, helping them kickstart their venture without draining their capital. Within weeks, the team secured their license, enabling a swift launch of their platform.

    Curacao’s low tax rates gave them breathing room to invest in marketing, technology, and customer acquisition. The result? Today, their platform is a household name in Latin America and Southeast Asia, where it offers a mix of casino games and sports betting. Their success story highlights the importance of accessible licensing in scaling operations and building global trust.

    Betting on Africa: A Sports Platform’s Story

    In 2018, a European entrepreneur set out to launch a niche sports betting platform for African markets. Despite having a clear vision, the challenge was finding a licensing framework that supported their budget and offered broad jurisdictional reach.

    Curacao emerged as the perfect fit. Partnering with Fast Offshore proved invaluable—handling documentation, compliance, and the application process seamlessly. Once licensed, the platform gained access to Curacao’s international market networks.

    This opened doors to partnerships with local payment providers and sports leagues, key to thriving in diverse African markets. Today, the platform serves thousands of users, offering mobile-friendly betting and customer support in multiple local languages.

    Pioneering Crypto Casinos with Curacao

    As cryptocurrencies gained traction in iGaming, a team of blockchain developers spotted an opportunity. They envisioned a casino that revolved around crypto—integrating blockchain for deposits, withdrawals, and even gameplay.

    Curacao, known for its flexibility in regulating cryptocurrency operations, became their first choice. Fast Offshore facilitated the process, ensuring they adhered to anti-money laundering (AML) and know-your-customer (KYC) regulations.

    With its license secured, the platform quickly became a hub for tech-savvy players worldwide. Today, it’s recognized for innovation in crypto gaming, winning awards and setting new benchmarks in the industry.

    The Advantages That Drive Success

    Curacao’s gaming licenses come with unique benefits that make them a top choice for iGaming businesses.

    • Cost Efficiency: Among the most affordable in the industry, these licenses free up capital for other growth areas like marketing and platform development.
    • Quick Turnaround: While licensing in other jurisdictions can take months, Curacao’s streamlined process allows operators to launch within weeks.
    • Global Access: Operators gain entry to key markets in Latin America, Asia, and Eastern Europe, broadening their horizons and revenue streams.
    • Tax-Friendly Environment: Low tax rates mean businesses can reinvest profits into scaling operations sustainably.

    Why Fast Offshore Is the Partner You Need

    While Curacao offers a straightforward licensing process, having a reliable partner simplifies the journey. Fast Offshore has over 25 years of experience in corporate services, particularly in gaming license applications.

    Here’s what they bring to the table:

    • End-to-End Support: From initial paperwork to compliance, their team manages every step.
    • Expertise on Regulations: Staying updated on new compliance requirements ensures operators remain ahead of the curve.
    • Customized Solutions: Whether it’s a startup or a major player, Fast Offshore tailors its services to match specific business goals.
    • Ongoing Assistance: Beyond licensing, they assist with payment processing, compliance management, and strategic development.

    Curacao’s licensing system, combined with expert guidance, empowers businesses to compete globally.

  • Kristen Foxen Defends Title in PokerGO Tour Kickoff Finale

    Kristen Foxen Defends Title in PokerGO Tour Kickoff Finale

  • Connecticut Lawmaker Pushes for Legalising In-Flight Sports Betting

    Connecticut Lawmaker Pushes for Legalising In-Flight Sports Betting

  • Golden Nugget Atlantic City Unveils Revamped Sportsbook Ahead of Super Bowl

    Golden Nugget Atlantic City Unveils Revamped Sportsbook Ahead of Super Bowl

    Golden Nugget Atlantic City is stepping up its game just in time for the Super Bowl. The casino has announced the grand reopening of its sportsbook on January 29, unveiling new technology and expanded betting options to enhance the customer experience. The upgraded facility, situated off the Main Atrium, promises to deliver an unmatched betting atmosphere for sports enthusiasts.

    A Technological Overhaul with State-of-the-Art Amenities

    Golden Nugget’s revamped sportsbook is designed to impress. With over 50 high-definition televisions and five massive video walls, fans can immerse themselves in the action like never before. Strategically placed self-betting kiosks throughout the casino floor aim to provide a seamless betting experience for all patrons.

    Bettors will also enjoy the benefits of cutting-edge features:

    • Same-game parlays for more strategic wagering.
    • Expanded player and team proposition bets.
    • Teasers with traditional and alternate spreads.
    • Early cash-out options for greater flexibility.
    • A new bet builder tool for crafting customised wagers.

    These additions position the Golden Nugget as a top-tier destination for sports betting in Atlantic City.

    Expanded Betting Markets for a Broader Appeal

    The updated sportsbook isn’t just about technology—it’s also about diversity. Golden Nugget is broadening its betting markets to include sports and events that go beyond the mainstream. In addition to fan favourites like football and basketball, bettors can now wager on:

    • Ultimate Fighting Championship (UFC) and mixed martial arts.
    • College baseball and softball.
    • Women’s college basketball and men’s college hockey.
    • Summer and Winter Olympic events.

    To sweeten the deal, the sportsbook will offer odds boosts on select events, adding an extra layer of excitement for bettors.

    Management’s Vision for the Future

    Tom Pohlman, general manager of Golden Nugget Atlantic City, expressed enthusiasm about the relaunch. “Perfectly timed for guests to get their bets in for the Super Bowl, we are launching new and improved technology and betting options,” Pohlman said. “Our team is committed to providing an elevated betting atmosphere, and these enhancements are proof of that.”

    The relaunch underscores Golden Nugget’s dedication to staying ahead in the competitive Atlantic City market.

    Convenient Hours and 24/7 Betting Access

    For those eager to place their bets, the sportsbook offers convenient operating hours:

    • Monday through Friday: 3 p.m. to 11 p.m.
    • Saturday: 11 a.m. to 11 p.m.
    • Sunday: 10 a.m. to 11 p.m.

    For added flexibility, self-service kiosks will remain accessible 24/7 across the casino floor, catering to late-night and early-morning bettors alike.

    A Look at the Broader Golden Nugget Experience

    The sportsbook relaunch is just one of many offerings at the Golden Nugget Casino, Hotel & Marina. Located on the picturesque Frank S. Farley Marina, the property features:

    • 716 luxurious rooms and suites.
    • A sprawling casino with slot machines, video poker, and table games.
    • Diverse dining options, from casual bites to fine dining.
    • Entertainment venues hosting live performances.
    • A relaxing spa and a poolside lounge for leisure and unwinding.

    Golden Nugget has long been a staple of Atlantic City’s entertainment scene, and this sportsbook upgrade is a natural extension of its commitment to providing top-notch experiences.

  • iGpixel Introduces Advanced Risk Management System for Sports Betting Operators

    iGpixel Introduces Advanced Risk Management System for Sports Betting Operators

    The iGaming industry has witnessed a major step forward as iGpixel unveils its innovative risk management system tailored specifically for sports betting operators. Combining cutting-edge technology with deep industry expertise, this solution aims to safeguard operators from threats while optimising their profitability.

    A Team Behind the Tech

    At the heart of this system is a dedicated team of over 100 professionals, including 80+ expert traders. This team works tirelessly, monitoring markets and responding to challenges in real-time. By offering 24/7 support, iGpixel ensures that sports betting platforms operate smoothly and can react quickly to emerging risks.

    But it’s not just the numbers that stand out—it’s the level of expertise. Traders, analysts, and technology experts collaborate to create a system that doesn’t just address problems but anticipates them before they arise. In an industry where milliseconds can make a difference, this proactive approach can be a game-changer.

    Key Features That Redefine Risk Management

    iGpixel’s system stands out because of its advanced capabilities. These features address critical challenges faced by operators, from real-time insights to fraud prevention.

    • Real-Time Player Segmentation: This feature analyses player behaviours, allowing operators to personalise risk strategies. By understanding the nuances of betting habits, platforms can better predict potential risks and tailor their responses.
    • Arbitrage Betting Prevention: Exploitative practices like arbitrage betting, where players leverage price differences to guarantee profits, are a significant concern. This system actively monitors and mitigates such threats, ensuring a fair playing field for all.
    • Advanced Data Analysis Tools: With instant access to actionable insights, operators can make quick, informed decisions. Real-time data empowers them to adapt to changing market dynamics, keeping them one step ahead of the competition.

    These features, backed by a robust infrastructure, reflect iGpixel’s commitment to blending technological sophistication with practical usability.

    The Industry’s Reaction

    The sports betting sector has responded positively to the launch, with many viewing the system as a breakthrough. A spokesperson from iGpixel highlighted the transformative potential of the solution, stating, “This system combines technology and expertise to deliver secure, efficient, and profitable operations.”

    The launch comes at a time when the sports betting market is booming, and operators face increasing pressure to stay competitive while managing complex risks. This offering from iGpixel provides not just a tool but a comprehensive strategy for success.

    Why It Matters

    In an industry where margins are tight and risks are high, such innovations are not merely helpful—they’re essential. The ability to segment players, prevent arbitrage, and analyse data in real-time can be the difference between success and failure for many operators.

    The system’s 24/7 monitoring and expert team support provide an added layer of reliability. This ensures that no matter the time or situation, operators have a trusted partner ready to step in.

  • ESPN BET Launches in Washington, D.C. Through Monumental Sports Partnership

    ESPN BET Launches in Washington, D.C. Through Monumental Sports Partnership