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New Regulatory Terms Strengthen the Online Betting Market

New Regulatory Terms Strengthen the Online Betting Market FinancialBuzz.com News Commentary Share this article Share this article NEW YORK, March 12, 2021 /PRNewswire/ The first college sports deal with a gambling company outside of Nevada was recently implemented. According to a report by Bloomberg Tax, the deal between the University of Colorado and PointsBet an Australian based bookmaker launching its U.S. headquarters in Denver, is worth USD 1.625 Million, and includes tax-write offs. It is the latest in an explosion of ad-deals between sportsbooks and teams or leagues, although it s the first collegiate pact of its kind, the report explains. The more favorable attitude towards sports betting and online gambling is a trend that has started before the pandemic but was accelerated due to its effects. To illustrate just how popular online sports betting is in states where the market can already operate, according to data from Odds.com, which was published by Forbes, Illinois

New Regulatory Terms Strengthen the Online Betting Market

New Regulatory Terms Strengthen the Online Betting Market
mobilitytechzone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mobilitytechzone.com Daily Mail and Mail on Sunday newspapers.

Penn National s Barstool Opens in Illinois as March Madness Nears

Penn National s Barstool Opens in Illinois as March Madness Nears Rhian Hunt © Provided by The Motley Fool Penn National s Barstool Opens in Illinois as March Madness Nears Penn National Gaming s (NASDAQ: PENN) partner Barstool Sports launched its Barstool Sportsbook in Illinois today at noon, Gambling.com reports. The NCAA s March Madness basketball tournament is just about to start as the digital sportsbook becomes active in its third state, following earlier launches in Michigan and Pennsylvania. Internet gambling on sports games is booming in Illinois, according to metrics supplied by Play Illinois. The figures for January, published yesterday, show betting handle for the state notched a new record with a total of $581.6 million in bets. The amount of sports betting in February is expected to be even higher thanks to the Super Bowl.

Logan Paul | Benzinga

Prominent social arb investor Chris Camillo of dumbmoney.tv has finalized a $375,000 purchase related to a 1st Edition Pokémon box set, which sets a Pokémon card record by a substantial margin. The record transaction is likely to significantly raise the market for Pok. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:

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