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Industry News and Headlines
Industry
August 2, 2024
Surcharge to Affect DraftKings Winning Clients in Four States
Several US states announced plans to increase sports betting taxes this year. This resulted in concerns from betting operators who are offering their services in a highly competitive market. Despite the competition, DraftKings and FanDuel so far retain dominance across the country, holding a significant part of the market share. Still, the high tax rates […]

Industry
August 2, 2024
Qinwen Zheng vs. Donna Vekic 2024 Olympics Odds, Time, and Prediction
Neither Qinwen Zheng nor Donna Vekic were seen as top candidates for the gold medal at the 2024 Olympics before the start of the tournament. But these two knocked out some huge favorites on the road to the final. For example, Zheng beat the No. 1 favorite Iga Swiatek 2-0 in the semifinal who was […]

Industry
August 1, 2024
BetOnline Offers Unorthodox Betting Options Following Biden’s Resignation
In a surprising twist, President Joe Biden recently announced his resignation from the presidential race, opening the door for a slew of unorthodox betting proposals from the popular yet unregulated sportsbook BetOnline.ag. BetOnline has wasted no time capitalizing on the uncertainty of the shifting political landscape, offering odds on possible future endeavors for the soon-to-be […]

Industry
August 1, 2024
Josh Shapiro, the Odds-On Betting Favorite to Be Kamala Hariss’ VP
Pennsylvania governor Josh Shapiro has become the clear betting favorite in the race to be the Democratic vice presidential nominee. In the Lead at Popular Sportsbooks The 51-year-old has risen on top of oddsmakers’ boards ever since Kamala Harris assumed the presumptive presidential nomination from the party following President Joe Biden’s decision to withdraw from […]

Industry
August 1, 2024
NC Law Enforcement Shuts Down Cockfighting Ring, Seizes Drugs, Guns
Cockfighting is not only illegal across the US, but it is also subject to prosecution. Besides being recognized as a criminal activity, cockfighting is an inhumane entertainment that some people may mistakenly call “sport.” In a recent operation against a cockfighting ring in Granville County, North Carolina, law enforcement detained more than a dozen people, […]

Industry
August 1, 2024
UKGC’s Q1 2024-25 Report Highlights Strong British Gaming
The United Kingdom’s Gambling Commission (UKGC) has published data about the British gambling industry’s performance in the first quarter of the fiscal year. The UKGC’s report compared the industry’s performance in Q1 FY 2024-25 to the results reported in the first quarter of the previous fiscal year. Results Increased Across the Board Q1, which covers […]

Industry
August 1, 2024
Alabama: Illegal Gambling in Gadsden Faces Crackdown
Despite efforts of law enforcement, gambling regulators and government agencies, illegal gambling operators continue to offer their services across the United States. With some states having harsher punishments than others, illegal gambling is recognized as a crime across the country and people found guilty of operating such an establishment are subject to prosecution. In one […]

Industry
August 1, 2024
Eklutna to Construct New Bingo Hall in Alaska Thanks to Federal Ruling
Alaska has finally allowed an electronic bingo hall proposal by the Native Village of Eklutna, a local tribal organization, to move forward. This marks a huge milestone for the tribe, which has been requesting such approval for over two decades. A Major Development for Alaskan Gaming The Eklutna’s plan was approved by the Interior Department’s […]

Industry
August 1, 2024
Michigan Casino Event Raises Awareness of Human Trafficking
Across the United States, human trafficking is recognized as a serious crime. Usually, people found guilty of such a crime can face up to 20 years in prison along with a hefty fine. In cases of aggravating circumstances such as death, culprits may face even life imprisonment. Human trafficking and domestic violence were two topics […]

Industry
July 31, 2024
Stake Acquires Idealbet, Branches Out into Italian Market
In a bid to boost its global expansion strategy, Stake has acquired Baldo Line s.r.l., the Italy-based sports betting and remote gaming operator behind the Idealbet brand. This acquisition, previously part of the Octavian Group, will bolster Stake’s presence across the Italian market as the company focuses on empowering players worldwide with top-notch entertainment. Combined […]
