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BookMaker.eu Announces Launch of First-Ever Live Betting Products As U.S. Enters Era of Legalized Sports Betting NEW YORK, Sept. 6, 2018 /PRNewswire/ -- BookMaker.eu , one of the world's premiere online sportsbooks, today announced the launch of a new live wagering platform, which features a first-to-market continuous live odds platform and play-by-play sports betting product. Now, for the first time ever, sports bettors are not only able to make wagers on a game as the live action unfolds, but also make wagers on the outcomes of the play-by-play action. "Today's sports bettors are no longer content to just sit and wait for the game to finish before their bets are graded," said Christian VanderLaan, Vice President of Live Betting Operations at BookMaker.eu.
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The William Hill CEO, in explaining that the company was investing in “not just technology” to be ready for sports betting the U.S. has made Nevada its American headquarters. Since the regulations will be different in each state, he added “we will likely have to have a call center in each state as well for customer services.” It was on May 14, 2018, that the U.S. Supreme Court opened the way for individual states to introduce legislation allowing sports betting if they felt so inclined, by striking down a federal law that had in essence prohibited it. This outcome, which was the result of a long-running attempt by New Jersey to legalize sports betting within Atlantic City, following a non-binding referendum of its citizens back in 2011 in favour of this, saw a ruling ( Murphy versus National Collegiate Athletic Association, No. 16-476) , heard in its final form. The upshot was that the sports betting market in the U.S. could see a dramatic change. And, according to estimates from Gambling Compliance could be worth between $2 bilion and $5.8 billion annually in gross gambling revenues over the next five to seven years. What PASPA did was to make it unlawful for a state to sponsor, operate, advertise, license, promote or authorize sports betting, and for private individuals to be able to do the equivalent. Just four states had maintained exceptions to this prohibition, and most notably Nevada, which allowed sports betting in casinos.
For the original version including any supplementary images or video, visit https://www.forbes.com/sites/rogeraitken/2018/08/12/u-s-sports-betting-market-could-new-jersey-eclipse-nevada-to-become-no-1/
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