Please note: Chinese translations are only available for iGaming webpages. The literature search included peer-reviewed academic journal articles, electronic databases, grey literature. Security Auditing & Vulnerability Analysis.Game Mathematics / Percentage Return to Player (% RTP) Analysis.In contrast, casino gambling in Nevada in 2019 was 12 billion, generating 810 million. The authors write: Total sports betting revenue in Nevada, the amount kept by the casinos, was 329 million in 2019, implying 22.2 million in tax revenue for the state. Exchanges typically charge a commission, often a percentage of net winnings per customer.Ĭontact GLI today to discuss how we can provide assurance that your Betting Exchange is fair, secure, and auditable. Sports betting revenue in Nevada is a small fraction of revenues from other sources. Contracts are structured as binary options.īetting exchanges trade heavily in sports and racing markets, but some also include elections and current events markets. They provide “trading” facilities for retail or bookmaker customers to buy and sell contracts.
GLI has extensive experience testing these peer-to-peer betting systems.
Peer-to-peer Sport Betting Exchange Testing & Certification Betting Exchange Compliance Certification