UK Bookmakers Pull Up US Election Betting After Trump Tests Positive For COVID-19

The whole world is vulnerable to the coronavirus and in the meantime, the presidents of the US also fell into it. On Friday, Donald Trump was found Covid positive and on the same day, the British bookmakers were suspended while betting.

Ladbrokes, the Irish-based Paddy Power, along with the online gambling exchange Batfire, were also barred from betting with firms on contest number 3.

A spokeswoman for Ladbrokes stated that - “We have just downgraded the US market for the temporary period. We wait for further information, this is a standard procedure and we wish Donald and Melania Trump get well.”

Betfair had put Democratic challenger Joe Biden's probability of winning at 60% on Wednesday after the first U.S. presidential debate. Biden's odds rose from 56% before the debate. Trump's fell to 40%.

Betting on politics is illegal in the United States but special attention is taken in Indonesia Dice Betting as well as permitted and common in Britain. 

Now let’s explore the unearths of COVID AND ONLINE GAMBLING

A U.S. Supreme Court decision allowed sports betting in 2018 and inspired 2019 laws that govern the fledgling industry in 10 states and set guidelines like how online casinos can operate and the way sports betting would be taxed.

After seeing these rules and regulations this was expected to be fruitful for online sports betting.

New Jersey issued closing orders for its brick-and-mortar casinos on March 16, for instance, and while revenues for its casinos fell 61.7 percent that month compared to March 2019, its online gaming revenues over an equivalent period increased 65.7 percent. Pennsylvania reported similar figures, with tax revenues from brick-and-mortar gambling declining to $50.5 million in March 2020 from $67.5 million in March 2019. The state has earned $24.3 million from online gaming since the summer of 2019.

PAYMENT FENCE AND GOALS

The worldwide online casino is already making fingered disbursement by keeping faith on third parties that have been processing payments for decades. Online betting services within the region are now even exploring depositing such sums directly into digital wallet applications on users’ mobile devices and you can also see more details on Indonesia Dice Betting.