Back in the 1970s Super Bowl week used to experience very little attention, Jimmy Vaccaro who has witnessed four decades as a Las Vegas bookmaker explains. He was very astonished to witness massive crowds of people buying tickets for the Super Bowl game in February and March. The sports betting figures in Nevada was at $2.4 billion in 2006, $3 billion in 2012 and then went to $4.2 billion in 2015. The figures are expected to rise to $5 billion in 2016. The senior research analyst for the Gaming Control Board, Michael Lawton said that the $5 billion estimate would be very much possible with the way things were being witnessed. He said that the sports betting in Nevada was growing stronger each day, mobile phone applications and mainstream media being the major contributors to the growth.

Sports’ betting in Nevada is being aided by various factors including mobile apps, convectional and social media interest, the increase of in-game and proposition gambling fantasy sports’ popularity, the Las Vegas book advancement and the increase in some of the economical and societal factors. In the recent years, the great gaming events have been attracting so much attention. From the Super Bowl games, the NCCA Tournament and the great fight between Floyd Mayweather Jr. and Manny Pacquiao. This was backed up by Matthew Holt who is the president of CG Technology sports books. Even though some of the sports betting activities such as Pinnacle are being held in America, the average person cannot wager using a credit card.

The amount of revenue generated by these underground bookmakers in the U.S is up to $400 billion. Nevada is becoming quite popular with revenue of up to $5 billion. This has been attributed to advances in technology with CG Technology and William Hill sports leading the way. The mobile phone app also increased the number of people who engage in sports betting. Vaccaro added that over 100 customers signed up for the mobile application during the NCCA Tournament. This was also backed up by Jay Kornegay who is the Westgate sports book director. In the recent times, finding a sports book with no mobile app is very difficult. According to Roxborough in the late 1990s sports books were facing challenges from casinos but this has changed.

Sports bookmakers are becoming quite noticeable in the sports betting areas in games such as baseball, golf, hockey, and military games. The state gaming rules are also slacking to elevate sports betting. The Senate Bill 443 was also signed thus allowing business premises in Nevada to allow investors to place bets in behalf of investors from all over the world.

It is official that Fanaments, an Iceland based fantasy sport company now works under the UK licensing. The firm is popular for its fantasy sport betting activities and services it renders to its clients. These fantasy sports stretch from football, NBA basketball, PGA golf as well as MMA.

The firm has been on the rise not only in terms of fame but also development sectors. Since it was initiated last year in August, Fanaments has already paid cash outs of more than €300,000 (£224,348). Moreover it has seen monthly growth which has not been below 100%.

During its initial launch, the founders of Fanaments CTO Gudmundur Sveinsson, CPO Arnor Davidsson and CEO Bragi Egisson had opted for the Maltese operational license. However, in attempt to expand their UK popularity and gain more clients, Fanaments heads decided to seek for a UK license.

Egisson claimed that it was with pleasure they introduce a multi-fantasy betting firm. Having most people depending on football fantasy, it was a brilliant idea to incorporate other sports in the fantasy gaming word to satisfy the craving of other sport lovers.

He continued to say that their initiation is congruence to the week fixtures of various sports. For instance, Magic and Raptors will go head to head in NBA action this week sparkling excitement to London fans. Moreover, the big game of football lovers comes over the weekend as Liverpool entertains Manchester United on Sunday.

Daily fantasy sports enables players to have a selected various teams every day and has Fanaments incorporating various incentives, live stats as well as an easy platform where different players from different areas can take the center stage.

Egisson also continued to claim that a very welcoming reception is expected to be guaranteed to Fanaments. This will motivate the entire team in bringing more excitement for this week as well as the upcoming days not only in football but also in various sports.

London already hosts three regular in-season NFL games annually and currently expecting a team to relocate there soon. The league may find the daily fantasy sports a cumbersome issue to deal with since it has been under increasing scrutiny with the root issue being sports betting. It is legal in the U.K but there are restrictions in the U.S. The daily fantasy sports such as Draftkings and Fan Duelare causing the problem since in most states they are considered to be games of skill and not gambling and have been left out in the Unlawful Internet Gambling Enforcement Act of 2006. The act exempts the daily fantasy sports from ban in the U.S due to excessive lobbying by the NF|L. the NFL has been against gambling for a long time fearing compromise of the real games as well as the league growing to full potential.

Draftkings is the advertising company for NFL at Wembley and it is considered a gambling company and requires a license under the U.K law. They therefore have to adhere to the warning that they are only allowed to advertise to the fans in the U.K. only the giant screens provided for replays can advertise it. It ensures that the U.S fans watching won’t see the logos and adverts belonging to Draftkings. This means that NFL will be able to create some space between the company and the daily fantasy sports as an industry. Despite this, other leagues such as the Major Leagues baseball have invested in the company openly together with its all time rival, Edinburgh-based Fan Duel. This commotion has proved to be a problem and hampers all the NFL plans to expand into London which they anticipate as the intended growth they see for their company and the industry in terms of the audience and the revenues. The fans that are based in the U.K can freely and openly bet on their favorite teams playing in the U.K but has to be done with a regulator who will enforce the laws the gambling license will hold. The industry has since been unregulated pending the increased scrutiny from the U.S.

Calls from the New Mexico Council on Problem Gambling have requested for the closure of fantasy sports sites like FanDuel and DraftKings. The group claimed that there are online operational licenses that the two firms have to acquire for the group to end the protest. The executive director of the group Kandice Blanchard was the first to commend the eradication of fantasy sports in Nevada while group’s therapist Dr. John Rinaldi claimed that the two sites have to get a betting license since they resembles any other betting sport such as horse racing.

Rinaldi claimed that the outcome of a horse race depends heavily on the bettor’s research and knowledge on his horse. It also relies on the previous performance in past events. The two are fundamental in winning or losing. The same case applies to fantasy betting where skill is used and this brings no difference with horse racing. Hence, fantasy sports can be classified as any other form of betting.

He continued to claim that despite it being new in the market, fantasy sport like any other betting is also very addictive. Clients may not be attracted to it that much at this period but with time, the addictive outcome will be evident.

A number of States with New Mexico included have yet to classify fantasy sports as betting since there was a law which was passed by the Congress in 2006. This Unlawful Internet Gambling Enforcement Act has provided a shadow to hide in to FanDuel and DraftKings as they argue the game is based on personal skills unlike kismet.

JD Oltman in Las Cruces told KFOX14 that fantasy sports can incorporate both luck and skills. One has to have analyzed information on a player intended to select as well as the historical background of the team they are playing against.

This was the exact point that was brought forward by Kyng Diego who said that a win is only guaranteed to the person who undertakes a thorough research on the players playing on a particular day.

Rinaldi has faith in the review of the matter by lawmakers who are to converge in winter. On the other hand, the New Mexico Problem Gambling will accord assistance to betting addicts.

Reports from the Finance Department in Delaware have claimed that the state officials are to undertake a thorough investigation on the eligibility and legality of fantasy sports betting DraftKings and FanDuel. This comes days after Nevada classified daily fantasy sports operations under gambling with an immediate banning following until the sites acquire a gambling license. The sites have been advertised frequently on TVs and a client only pays an entrance fee with a possible win of more than $1 million in cash.

Delaware Finance Secretary Tom Cook claimed that they have been on toes with events that are unfolding onfantasy sport betting and with the ban imposed on them by Nevada, Delaware had to go deeper in verifying the reason behind the existence of fantasy betting in the state.

The ban on the sports in Nevada follows the entrance of employees to these sites and this indicated a higher possibility of match fixing and other irregularities of the sport. Nonetheless, fantasy sport industry have claimed to have introduced the sport based on skill not chance and this is allowed according to the 2006 Unlawful Internet Gambling Enforcement Act.

According to Daniel Wallach, a sports law expert based in Florida, the step initiated by gaming control board of Nevada will not get rid of fantasy sports betting in the State for good, but at least it has shown its capability and played its role in regulation of illegal sports betting in the state. He claimed that it has been evident that fantasy is typical to gambling and this would call for operational license just like all other sports betting and gambling sites have.

This coming week, the House of Representatives will undertake a voting process on whether to minimize daily fantasy sports websites in Pennsylvania which are played in the 12 casinos based in the state. It was claimed that FanDuel and DraftKings had recruited ananteroom firm in Pennsylvania. Nonetheless, the two firms have claimed that this is not real betting unlike many state heads sees it. The State Public Integrity Commission has claimed that the two firms who have retained their lobbying business in Delaware since 2002, have not spent not even a coin in lobbying businesses.