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New Jersey Regulators Want FanDuel to Pay for Soccer Odds Mistake
New Jersey regulators want FanDuel to pay out on several disputed soccer wagers. They investigated the bets placed in July. Also, it centered on FanDuel’s soccer odds mistake. Also, they tried to determine if the prices published were a mistake made by the sportsbook.
The disputed soccer wagers were from July 12 to July 15. Players in New Jersey wagered on games in the Premier League, Serie A, La Liga, and the MLS. The payout was more than $100,000 for soccer games within four days.
According to the investigators, ten online players and a single retail player placed bets on several soccer games that had terrible odds. Regulators said that FanDuel should pay out the winnings. FanDuel made the mistake of installing a new type of wager that led to erroneous lines.
Soccer Odds Mistake
FanDuel said that it appreciates what the Division of Gaming Enforcement did. Based on sportsbook pay per head reports, the sportsbook company regrets committing the mistake. Also, they believe that it is vital to be transparent about the review process of such errors.
Virginia Sports Betting Regulations Update
Sports Betting will be available in Virginia pretty soon, assuming that the regulations that the Virginia Lottery will set will be approved. The regulatory and implementing office has a draft of rules and regulations which will be open for public comments. This means that any resident can go to the town hall website and leave their feedback for the next 60 days.
While a simple “yes” or “no” is what most people expect the government to do, there are a lot of details that need to be finalized. We at Bet Sports Online cover a lot of gambling industry news that touches on these details. In this case, the website of the Virginia Lottery will have information on the voluntary exclusion program, a consumer protection program, as well as the whole process for applications for permits. There is also a draft on sports betting regulations.
Rhode Island Wants to Remove In-Person Betting Registration
Online sports betting has been around for a long time, but the industry experienced a surge in popularity. The coronavirus pandemic is keeping people home. Therefore, bettors are looking at online sports betting software sites as a venue for them to place bets. And since sports leagues are slowly resuming their games, there is a lot that people can bet on. For states, they see this as an opportunity to raise money to deal with rising fiscal deficits.
Not all states allow for online sports betting. Some, like Rhode Island, do allow for online sportsbooks, but require people to go to a retail gambling shop to register before they consider placing bets online. And if you know how to run a sportsbook, you know that these policies are very limiting, and can hinder people from joining that particular sportsbook.
Tribal Sports Betting Bill Introduced in Washington State
Eight representatives from Washington State filed a new tribal sports betting bill. Once the bill became a law, it will legalize sports betting at tribal gaming venues across the state. HB 1975 will allow tribal casinos to offer sports betting in person and online. However, it doesn’t include mobile activities in its wordings.
Federally recognized Indian tribes can offer sports wagering. In addition, the casinos need to have a Class III gaming contract with Washington State to qualify for the service. Once the bill becomes law, players can bet on all amateur and professional sports events. However, the bill doesn’t allow betting on horse racing.
The bill allows players to place bets online if they are within a tribal gaming facility. It doesn’t allow users to place wagers through mobile apps while they are at home or anywhere else aside from a tribal casino.
Sportsbook PPH Company gets a Live Betting Platform Upgrade
PricePerPlayer.com, a gambling software and sportsbook pay per head provider announced an upgrade in their live betting platform. The Live Betting Platform Upgrade will include modernization of its current system, as well as an expansion of its live In-Play Betting Options.
In addition, the Live In-Play Betting software upgrade will give their clients 50% more betting option then the previous version. Furthermore, Core Data Service is the new provider for the real-time sports odds for the live betting platform.
Live In-Play Betting or Live Betting is the latest and greatest wagering option available at top sportsbooks. Live betting is exactly what it sounds like and continues from the start of the event until the end. It offers bettors a number of different and exciting ways to get action from sides to totals to props.
Nevada Gambling Regulators Wants to Ban Wynn from Casino Industry
Nevada gambling regulators filed a grievance against Steve Wynn. It can lead to the banning of the former casino magnate’s in the industry. The Gaming Control Board referred to Wynn’s sexual wrongdoing allegations filed against him since 2018.
The Gaming Control Board asked the Gaming Commission of Nevada to fine Wynn and cancel his status in the gambling industry in the state. The Gaming Commission acts on the recommendations of the board and has the last say on licensing issues.
Gambling licenses are a revocable privilege in Nevada. The Commission can revoke or deny licenses for individuals who it deems found unsuitable. Suitability has several factors including safety, the general welfare of state residents, morals, public health, and more, according to the report received by sportsbook pay per head reviews sites.
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