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New Visa Policy In 2021 Could Affect Future Sportsbook Transactions

New Visa Policy In 2021 Could Affect Future Sportsbook Transactions

by Christina Monroe | Dec 23, 2020 11:33 am | Sports Betting

Visa’s new policy will see many sports bettors getting transactions to their digital wallets declined in 2021. In an effort to better understand where the money is being spent by their customers, Visa will be dubbing all deposits to digital wallets as a gambling...
Court Of Appeals Hears Wire Act Appeal From Department Of Justice

Court Of Appeals Hears Wire Act Appeal From Department Of Justice

by Carter Floyd | Jun 19, 2020 10:05 am | Regulatory

The U.S. Court of Appeals of the First Circuit is now hearing an appeal from the Department of Justice on the case of New Hampshire Lottery Commission, et al v. Barr, et al. The case will determine the scope of the Wire Act and whether it applies solely to sports...
Colorado Is Already Taking Over U.S. Online Sports Betting

Colorado Is Already Taking Over U.S. Online Sports Betting

by Carter Floyd | Jun 8, 2020 10:31 am | Sports Betting

In its first month of operation, Colorado earned a remarkable $25.5 million in sports betting revenue—a staggering total given ongoing COVID-19 restrictions. Colorado has very few restrictions on sports betting operators and low barriers to entry, which should help it...
Mobile Sports Betting Live In Indiana With Rush Street, DraftKings

Mobile Sports Betting Live In Indiana With Rush Street, DraftKings

by Michael Molter | Oct 4, 2019 11:09 am | Sports Betting

Indiana launched sports betting on September 1 and now offers mobile sports betting as well. Ameristar Casino East Chicago and French Lick Resort Casino are the first two casinos with mobile betting in Indiana. Bettors do not need to sign up in-person but must submit...
Wire Act An Area Of Concern For Smarkets Betting Exchange

Wire Act An Area Of Concern For Smarkets Betting Exchange

by Hasan Nabulsi | Sep 12, 2019 4:20 pm | Sports Betting

Smarkets partnered with Full House Resorts in order to provide online sports betting in Indiana and potentially in Colorado. Smarkets is a UK-based betting exchange that allows you to put money down on different types of sporting events. The Wire Act was signed in...
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