Monday, November 19, 2018

Why is Sports Betting exploding?


Donovan Mitchell exploding for a dunk!

Sports Betting is exploding in several new jurisdictions. From the player perspective, the ability to
wager legally outside of Nevada is long overdue. So casinos and racetracks are merely giving the people what they want. States were anticipating a repeal of PASPA by the Supreme Court. That is why so many put laws in place so pundits like myself can share content and opinions. States all over the US also saw the millions of dollars that Americans will wager on sports.

Las Vegas Sports Betting is coming to a state near you!


So the race is on! What state will be the leader?  Which operator offers the best odds?  FanDuel and DraftKings  are in a prime position because of their expertise with Fantasy Sports. Will this carry over to Sports betting? With so many options to choose from, the betting public is in the driver's seat.

Operators take heed! Location is important. But that alone will not be enough. But enough for now.
Get the answers to the above questions by following me on social media,

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                   Check out the app, Smart Responsible Gaming at thegamingguym.com/

Friday, November 16, 2018

Sports Betting Policy Summit



The U.S. Sports Betting Policy Summit was held yesterday in Washington D.C.  The magnitude of this event was so powerful the fact that the weather was increment did not diminish attendance. Topics covered included legislation, integrity and innovation. The event was put together by Spectrum Gaming Group and SportsRadar. Some of the notable panelist included Art Manteris,re known for sports wagering and Dan Spillane from the NBA league office. Naima Stevenson represented the NCAA and Jeff Stonebreaker presented the view from MLS.

  

Ted Leonsis on the right

The fireside conversation with Ted Leonsis; owner of the Washington Capitals and the Wizards was the highlight of the morning. Leonsis struck me as an owner that understand that people with expertise should be included with this sports betting and gaming phenomenon. He was able to engage the room with an understanding of common sense business practices that involve the use of analytics and mobile devices. It was a pleasure to have a private exchange with him.
While many different perspectives of what sports betting can be and how it should be regulated were proposed, I came away from the summit with two keys.
The first key is to know the landscape. The Nevada model for sports betting should be emulated but modified to a regional or local approach. The second is to make a conversion to a strong mobile application of your retail product for sport wagering. I would be happy to share some of my other thoughts about sports betting and how it can generate revenue in a start up situation. Reach out if you have inquiries and follow me on social media.
I want to acknowledge Spectrum Gaming for inviting me. They are knowledgeable and equipped to handle the business logistics of your gaming needs. SportsRadar also should be recognized for positioning themselves thru partnerships and association that can navigate your business into sports betting.

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                   Check out our app, Smart Responsible Gaming at thegamingguym.com/

Saturday, November 10, 2018

Sports Betting and Esports at G2E



The G2E is the biggest gaming conference in the world with participation from every continent. What made this year stand out more than any other in the past 5 years? We are glad you asked. We have two reasons why this year was a winner.


Esports is taking the world by storm and the gaming industry is starting to take notice. There were multiple seminars devoted to esports this year. 3 years ago there were none. If we work for Wendy Williams we would be asking can you say Hot Topics?
Sports Betting is exploding into casinos, racetracks and mobile devices near you. Where else can you see a panel discussion headed by ESPN anchor Scott Van Pelt. This year there were 4 tracks devoted to Sports Betting. We are setting the over /under at 10 for next year's G2E.
Is Sports Betting coming to a casino or racetrack near you? Follow me and find out.