Sports
April 17, 2025
Ex-Baylor Staffer Placed “Impermissible” Daily Fantasy Bets
A former Baylor University athletics staffer is facing serious consequences after discovering he placed thousands of bets over a six-year span. Some of the best involved Baylor games. Penalty for “Significant Conflict of Interest” Sam Hancock, who once served as the school’s director of resource development, received a two-year show-cause penalty from the National Collegiate […]
Industry
April 17, 2025
Sweepstakes and Event Contracts Spark Debate at East Coast Gaming Congress
This week’s East Coast Gaming Congress at Atlantic City’s Hard Rock Casino saw two hot topics take center stage: the growth of sweepstakes-style mobile gaming platforms and the increasing appeal of event-based prediction markets. Both trends are gaining momentum and pushing the boundaries of current gaming laws. Legal Uncertainty Surrounds Sweepstakes and iGaming, Say Industry […]
Sports
April 17, 2025
Kalshi’s Nevada Win Faces Federal Hurdles Over Sports Betting Rules
Kalshi, a prediction market platform with federal oversight, just scored an initial legal victory in Nevada. However, this courtroom win might not last long, as old federal laws that ban sports betting across state lines loom in the background. Federal Judge Blocks Nevada from Regulating Kalshi, but Legal Questions Remain A US District Court judge […]
Industry
April 16, 2025
Penn Bolsters ESPN and ESPN BET Synergies with Mint Club
Penn Entertainment has unveiled a new initiative that seeks to create further synergies between the ESPN app and the ESPN BET sportsbook. According to the announcement, the company has revealed the ESPN BET Mint Club, a new community feature that will further personalize and enhance the experience for sports bettors. Penn Introduces ESPN BET Mint […]
Industry
April 16, 2025
Hawaii’s Sports Betting Legislation Faces Unexpected Roadblock
Hawaii’s ongoing efforts to join the ranks of US states with legalized sports betting have hit a substantial obstacle despite earlier legislative momentum. House Bill 1308, the latest in a long series of attempts to legalize online sports wagering in the Aloha State, now finds itself in legislative limbo as the Hawaii House of Representatives […]
Industry
April 16, 2025
Report Questions the Sincerity of US Gaming’s Safer Gambling Efforts
A new report by the Campaign for Accountability, seen by GamblingNews, has questioned whether US operators are truly trying to stop gambling harm. The report has critiqued the industry’s “two-faced effort to kill consumer protections,” slamming gaming firms’ opposition to restrictions on advertising and deposit limits. Gambling Harm Can Be Very Dangerous Every day people […]
Industry
April 16, 2025
Prediction Markets Put Risk of Donald Trump’s Second Term Ending Early High
Prediction markets and platforms have been hailed by the MAGA faithful as the best way to gauge electoral attitudes, replacing conventional sociology with a money-talks approach, and it has so far worked. Donald Trump is currently back in the White House, after prediction markets posted him as a decisive winner. Prediction Markets Are Betting on […]
Lottery
April 16, 2025
Homeless Couple Strikes It Rich with $1M Scratch-Off Win in California
An anonymous homeless person and his wife won $1,000,000 off a scratch-up ticket in California. The person, details about whom are scarce, but whose identity has been confirmed by the California Lottery all the same, has had difficulty believing his luck at first. Some Zeroes Are Missing in the Lottery Win Although he was homeless, […]
Industry
April 16, 2025
Tennessee SWC Asks CFTC to Ban Sports Event Contracts
The Tennessee Sports Wagering Council (SWC) has made its stance clear to federal regulators: it does not want to see financial trading platforms offering sports-based event contracts within the state. The CFTC, Urged to “Not Permit” Sports Event Contracts In a formal letter sent to the Commodity Futures Trading Commission (CFTC), the council urged the […]
Casino
April 16, 2025
Elaine Wynn, Trailblazing Business Leader and Generous Giver, Dies at 82
Elaine Wynn, who played a key role in making Las Vegas what it is today, died on April 15, 2025, at 82 years old. She made her mark on the gambling world and gave back to society in big ways. People will always link Wynn’s name to how Las Vegas grew and changed over the […]
