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Fiona Simmons's latest articles
Fiona Simmons
JournalistAlthough Fiona doesn't have a long-spanning background within the gambling industry, she is an incredibly skilled journalist who has built a strong interest in the constantly growing iGaming network. The team at Gambling News is glad to have her on our roster to help deliver the best stories as soon as they hit. Aside from writing, she loves to dabble in online casino games such as slots and roulette, both for her own enjoyment and also as research to better improve her understanding of the industry.
Sports
April 4, 2023
Texas House Committee Waves Through Two Sports Gambling Bills
There is still a long road to go but the final destination seems in sight as a Texas House committee cleared two proposals on Monday, and the state is now gearing up to have its first-floor vote on the matter. Small Breakaway Success Does Not Mean Legalization Prospects for Texas The House State Affairs Committee […]
Business
April 4, 2023
Charlie Munger Says Gambling on Stock Market Impossible to Fix
Charlie Munger, Warren Buffet’s faithful lieutenant, has often been critical of anything that defies the stock market’s conventional logic. The COVID-19 market brought around a buzz among investors who splurged on anything but traditional stock and with this – they unlocked a torrent of criticism. Stock Market Proves as Addictive as Gambling Even when investors […]
Casino
April 4, 2023
AFL Boss Says Organization Gets Product Fees from Gambling
This comes at a time when fans, players, and even clubs, not to mention politicians and health experts, have been calling for the reduced dependency of the AFL on gambling companies, and criticized the omnipresence of advertisement in broadcasts and on team shirts and properties. The AFL Gets More Money from Gambling Companies The contributions […]
Casino
April 4, 2023
Californian Theft Leaves Bankers Casino Short of $95,000
Salinas police reported the case which took place on Sunday morning and was not noticed until after the employee in charge of cash noticed the discrepancy between the money present and the money reported. The theft was immediately signaled to the police, which arrived on the scene. Upon scrutinizing video surveillance, authorities found out that […]
Blockchain
April 3, 2023
Rollbit Assures Concerned Fans Its License Is Not in Trouble
Rollbit, an online operator that claims to be “crypto’s most innovative casino,” addressed its community’s concerns regarding its license status. The company vowed to continue maintaining transparency regarding the matter. Rollbit noted that its license is currently in its annual renewal period. The company pointed out that this is a completely standard procedure for all […]
Business
April 3, 2023
Jason Scott Exits BetMGM, Returns to Australia
The gaming giant BetMGM is parting ways with Jason Scott, its vice president of trading, VIP and retail sportsbooks. The experienced employee shared the news on LinkedIn, adding that he will now head back to Australia. Scott, who has served the Entain/BetMGM family for the last 11 years, said that his time with Entain and […]
Legal
April 3, 2023
Gov. Beshear Signs HB 551 into Law, Legalizes Sports Betting in Kentucky
Kentucky has officially passed a law that legalizes sports betting in the state. House Bill 551 was introduced a few weeks ago and quickly gained traction, passing the House, a Senate committee and later the Senate itself. Last Friday, just a few hours after the Senate approved the measure, Governor Andy Beshear signed it into […]
Sports
April 3, 2023
NBA Players Get Permission to Invest in Weed, Sportsbook Companies
This has not changed, but the NBA’s collective bargaining agreement (CBA) has been reportedly altered to allow players to invest in sportsbooks and cannabis production companies if they choose to. NBA to Let Players Invest in Sportsbook and Cannabis Companies This is a dramatic change from the previous CBA which explicitly prohibited athletes to take […]
Sports
April 3, 2023
March Madness Results in 2023 All Over the Place
March Madness results have been all over the place. The Westgate Las Vegas lost $200,000 on a 400-1 odds bet of $500 placed on Florida Atlantic to make the Final Four. The company paid up. Then, there was Red Rock Resort in Las Vegas which scooped up a good amount of revenue from the collegiate […]
Blockchain
April 3, 2023
Beaxy Founder Faces Charges of Gambling with Investor Funds
Hamazaspyan, who founded Beaxy, is also accused of having gambled with investor funds. The exchange wound down operations last week, citing an “uncertain regulatory environment” as the reason why. Misappropriated Funds and Unlicensed Operations The SEC argues that Hamazaspyan has raised $8 million from BXY, the cryptocurrency exchange’s native token, and used at least $900,000 […]
