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PricePerPlayer.com is Restructuring their Business with Lower Pay Per Head Prices
PricePerPlayer.com, the leading Sportsbook Pay Per Head provider in the industry is changing its price per player model. The typical model for a bookie Pay Per Head company is to charge a weekly fee for each active gambler. The price range for these services is usually from $3 to $25 per player. However, PricePerPlayer.com is Restructuring their Business with Lower Pay Per Head Prices per player.
How the company is changing from its typical price of $5 per player is by using a pricing chart. With the pricing chart, the cost will depend on the number of active players they have each week. The company is quick to point out that their new pricing system will not increase their already low prices. Instead, the new pricing system will only lower the price for their clients. Thus, the highest clients will pay is $5 per player and prices can go as low as $2 per player.
The new business model for the company aims to tie their profits directly with their clients. Their new motto is “Your Success is Our Success. Therefore, if a sportsbook or gambling operator does well, they want to share the profits with their clients. Meaning, the better a client does, the lower their operating cost will be when they use the PricePerPlayer.com Pay Per Head Services.
Software Prices
Bookie software used to be a thing of the past, it’s now a mandatory MUST for the future! Local bookies are looking for anything to help them make their life easier and most importantly, to help make their job easier.
If you have ever been a bookie on any level then you know how difficult this job can be. Many folks have the idea that life as a bookie is all about a fat bankroll in the front pocket and the newest Caddy in the parking lot. We all know the stereotype and pretty much everyone is familiar with the reputation of local bookies from Brooklyn. Cleveland, Chicago, Kansas City, Los Angeles, and all points in between.
Even Las Vegas - yes, Las Vegas is chock full of local bookies. if you're reading this and you happen to live in Las Vegas chances are, you are a bookie on some level. Las Vegas is indeed an outstanding place to live whether you are a gambler or a bookie, Las Vegas attracts it all and you know the stereotype.
North Carolina Online Sports Betting Bill is Introduced
A new bill was introduced this week in the state senate, allowing the possibility of seeing online sports betting in North Carolina. This is the first legislative effort of North Carolina to legalize online wagering in the state. As many in the sportsbook pay per head industry know, online wagering has a huge potential to be a top revenue generator for anyone, much more a state.
The bill proposes that 10-12 licenses can be given to online sportsbook operators as well as tribal casinos. This is a bipartisan bill that, if passes, could be enacted as early as October this year. The bill will allow the licensed sports betting software companyy to operate under the purview of the North Carolina State Lottery Commission.
Maryland Sports Betting Framework Taking Shape
The House of Delegates took a small step towards creating the Maryland sports betting framework. The House Ways and Means Committee heard from supporters and critics of sports betting, including representatives from the State Fair, lobbyists for sports betting firms, problem gambling advocates, and more.
HB 940 didn't go into vote Thursday. However, it looks like it will advance to the floor in the current session, which will end on April 12. According to pay per head reports, both chambers discussed creating the legal sports betting framework last year. However, the pandemic put the efforts to a stop.
Lawmakers put the question on the ballot and will figure out the details if it passes the referendum. As a result, voters approved legal sports betting. Now the ball is once again in the hands of the lawmakers.
Maryland Sports Betting Framework
During the hearing, lawmakers discussed three points: increasing the number of licenses for online sportsbooks, ensuring participation of minority-owned sportsbooks, and ensuring Maryland keeps up with neighbors.
Sports Betting Stocks Drop Despite Legalization in Michigan
Michigan is the 15th state to legalize sports betting in the United States. However, it failed to stop the sports betting stocks drop on Friday. More states are legalizing sports wagering, but individual states' moves have little impact on the market.
DraftKings shares went down by 1.61 percent to $52.70. Penn National Gaming was down 0.23 percent at $106.94. Also, MGM Resorts International dropped 0.43 percent to $31.67. Although Wynn Resorts has a higher value at $106.88, its value dropped by 2.09 percent.
Despite the drop in the market values, online sports betting remains a fast-growing industry. According to pay per head sportsbook reports, 90 percent of sports wagers made in New Jersey came from online sources.
Sports Betting Stocks Drop
Online bookie software experts said that Michigan has a business-friendly tax rate. Also, the state has competitive licensing fees. Thus, many companies want to know how to become a bookie and start a sportsbook in the state.
Sportsbook Firms Want Legal Mobile Sports Betting in Arkansas
Three sportsbook firms want legal mobile sports betting in Arkansas. At present, mobile wagering is not allowed in the state. Thus, a lobbyist for the three sports betting companies wrote to the Arkansas Racing Commission regarding the rule change.
The lobbyist represents DraftKings, FanDuel, and MGM Resorts. Director John C. Campbell of the Arkansas Racing Commission said that licensed casinos are the only firms allowed to open a sportsbook in the state. The three companies are operating sportsbooks inside casinos.
Casinos with licenses to operate in the state are Southland, Oaklawn, and Saracen. A casino in Russellville has a sports betting license. However, it is engaged in a legal dispute. Campbell said that the three sportsbook firms are the first to propose changing mobile sports wagering rules.
Legal Mobile Sports Betting in Arkansas
The Racing Commission is open to discuss the legalization of mobile sports betting in the state. According to sportsbook pay per head reports, Arkansas casinos can develop mobile sports betting apps. However, players need to be within the casino property to place wagers through apps.
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