Contessa Brewer Mon, Feb 8th Sports betting sites faced intermittent outages as demand spiked during Super Bowl LV. Here's how Wall Street views sports gambling stocks ahead of the Super Bowl. VIDEO The News with Shepard Smith. Record number of online bets expected for this year's Super Bowl. Squawk Box. The Exchange. Former casino executives form new mobile gaming SPAC.
Power Lunch. Here's who is likely to get a third stimulus check under the latest relief package. Uber losses narrow as delivery growth outpaces fall in ride-sharing. Elon Musk's dogecoin tweets are worrying and people will lose money, bitcoin bulls say.
More In Gambling. Personal Finance. Michigan launches online gaming, sports betting during pandemic. What to know before buying in. Coronavirus pandemic a boost to mobile sports betting. How to handle a huge windfall. Get started on your winning ways today! Steve Stevens has access to the best information and most reliable resources in the sports industry, and is committed to selling sports betting advice that works. If you have any questions about our personalized service selections, please contact us at: orders vipsportslasvegas.
Born and raised in Las Vegas, Steve Stevens is the 1 documented sports betting consultant on the business financial network. He began working as a professional sports handicapper in , and is the founder of VIP Sports, a company that provides its clients with advice on who to bet on.
He hosts the VIP Sports Las Vegas Podcast , a weekly conversation about sports gambling and entertainment news, where he interviews athletes and celebrities.
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On Jan. Jeff Gurian , Gametime's vice president of performance marketing, told CNBC tickets were "probably priced initially to reflect the initial demand and the uncertainty around supply. But maybe prices were too high and scared people off. He also pointed to the Bucs' appearance as a reason prices declined.
They became the first NFL club to play a Super Bowl in their home stadium, so local fans can wait for bargains with no airline and hotel expenses. He added Chiefs fans have already experienced the team's championship and could be reluctant to travel with the pandemic. The limited Super Bowl Experience could be another factor, and the host city isn't as attractive as last year's destination in Miami.
And then, prices will increase again. There is probably a sweet spot to buy in the next few days. Skip Navigation. Markets Pre-Markets U. Key Points. The American Gaming Association estimates 7. Hence, early buyers hoping to sell for more could be disappointed. It stopped short of pointing the finger at one of its partners, global sports gambling provider Kambi. But DraftKings did. In a statement, DraftKings said, "It appears this outage was caused by a surge in traffic that caused problems for our backend provider.
This incident is why we believe owning our own technology is important. DraftKings announced last summer that it would terminate its partnership with Kambi by September And it added the problem wasn't overall load, but instead "one specific player-related bet offer and its increased range of outcomes offered.
Other sports betting platforms including William Hill and PointsBet said their operations were unaffected by technical issues. FanDuel said despite the issues, customers still enjoyed a winning evening. Skip Navigation.
Markets Pre-Markets U. Key Points. MGM's Nevada retail sportsbooks were unable to accept bets during the game. Global sports betting provider Kambi blamed a surge on a player-specific bet. VIDEO Sports betting sites faced intermittent outages as demand spiked during Super Bowl LV.