bets on entertainment awards<\/a> shows such as the Oscars and Grammys.<\/p>\n<\/div>\nHowever, to date, no Nevada sportsbooks have petitioned the NGCB for approval to offer such entertainment lines.<\/p>\n
Strictly Sports<\/b><\/h2>\n
Sports betting is now up and running in eight states, but only oddsmakers in New Jersey will be paying attention to the Academy Awards. The vast expansion of sports betting remains largely focused on, well, sports.<\/p>\n
And unlike overseas where novelty betting allows gamblers to put money on nearly anything, in America, regulators have largely avoided such markets. Nevada is the gold standard of the gaming industry, and many states have modeled their casino expansion laws after the Silver State.<\/p>\n
Betting on political outcomes is banned in the United States, though exceptions are made for “prediction markets” such as PredictIt. That isn’t the case in the UK where the practice is rampant.<\/strong><\/p>\nIt’s caused plenty of controversy over the years, most notably in 2008 when Irish bookmaker Paddy Power offered odds on whether President Barack Obama would be assassinated.<\/p>\n","protected":false},"excerpt":{"rendered":"
Oscars odds are once again being offered at Atlantic City casinos and New Jersey sportsbooks, and “Roma” is the frontrunner to win the coveted Best Picture Academy Award. Late last month, the New Jersey Division of Gaming Enforcement (DGE) signed off on allowing sportsbooks to take both mobile and in-person wagers on the outcome of […]<\/p>\n","protected":false},"author":25,"featured_media":98200,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3313,1074],"tags":[],"acf":[],"yoast_head":"\n
Oscars Odds Return to NJ Sportsbooks, 'Roma' Best Picture Favorite<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n