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Gambling News - 'North america'
Legal
February 9, 2024
Court Issues Restraining Order against Former DraftKings Executive
Michael Z. Hermalyn, Fanatics VIP president and former SVP of growth at DraftKings, was temporarily prohibited from disclosing any sensitive information obtained from his former employer to his new employer. The temporary restraining order was issued on Thursday and while it restricted Hermalyn from using any confidential information or soliciting with DraftKings employees or clients, […]
Casino
February 9, 2024
Virginia Lawmakers Vote to Exclude Richmond from Casino Consideration
In a decisive move following Richmond voters’ rejection of a casino proposal for the second time, Virginia lawmakers have unanimously voted to permanently remove the city from consideration as a potential casino site. Richmond’s Removal from Casino Eligibility Sealed by 100-0 House Vote The Virginia General Assembly, in a bipartisan effort, passed bills aimed at […]
Legal
February 8, 2024
Fanatics VIP Chief Denies DraftKings Allegations Amid Legal Battle
In a legal tussle between sports betting giants, Fanatics’ newly appointed VIP chief, Michael Hermalyn, refutes allegations brought forth by DraftKings, terming them as “wrong and disappointing” and “false and fabricated.” Former DraftKings Employee Denies Allegations of Data Theft Conspiracy with Fanatics CEO The dispute took a legal turn when DraftKings filed a lawsuit accusing […]
Sports
February 8, 2024
FanDuel’s CFO Silent on Nevada Plans Amid Licensing Hearing
Amidst the fervor of Super Bowl week in Las Vegas, FanDuel’s chief financial officer, David Jennings, remained tight-lipped regarding the company’s future ventures in Nevada during his appearance before the Nevada Gaming Control Board on February 7. FanDuel CFO’s Licensing Endorsement Paves Way for Nevada Expansion David Jennings, an Irish native who has held the […]
Casino
February 7, 2024
Two Arrested for Armed Robbery at Gambling Den in Queens, New York
Two individuals have been apprehended by FBI agents for their alleged involvement in a violent armed robbery at an illicit gambling establishment in Flushing, Queens, last July. The incident, which resulted in one person sustaining gunshot wounds, has led to charges against Jamel Berry from Astoria and Zhong Wang, a Chinese national. Robbery at Flushing […]
Business
February 7, 2024
Gaming and Leisure Properties Expands Portfolio with Tioga Downs Acquisition
Gaming and Leisure Properties, Inc. (GLPI) announced the acquisition of the real estate assets of Tioga Downs Casino Resort in Nichols, New York, from American Racing & Entertainment, LLC, for a sum of $175 million. GLPI Seals Tioga Downs Acquisition with $14.5 Million Annual Rent Agreement The agreement stipulates an initial annual rent of $14.5 […]
Casino
February 6, 2024
Atlantic City Casino Workers Rally for Smoke-Free Environment
Atlantic City, known for its vibrant casinos and bustling nightlife, has long been a hub for those seeking their luck at the card tables or slot machines. However, behind the glitz and glamour lies a persistent issue that has been plaguing the city’s workforce for years: secondhand smoke. Advocates Emphasize Worker Well-being Over Financial Concerns […]
Sports
February 6, 2024
EKG Report Unveils Super Bowl’s Dominance in US Betting, $1.25B Expected
As the Super Bowl frenzy grips the US, all eyes are on the betting arena, with forecasts projecting a staggering $1.25 billion in regulated wagers placed on the game across the nation. EKG Report Highlights Growth of In-Game Wagers Research conducted by Eilers & Krejeck Gaming (EKG) indicates that the Super Bowl reigns as the […]
Sports
February 5, 2024
Ohio Moves to Eliminate Prop Bets on College Sports
In a bid to safeguard collegiate athletes from online harassment and uphold the integrity of college sports, Ohio’s Gov. Mike DeWine, along with NCAA President Charlie Baker, has thrown their support behind a proposed change in the state’s sports betting rules. NCAA Urges Ohio to Ban Player-Specific Bets Amid Rising Social Media Threats The National […]
Casino
February 5, 2024
December Baccarat Surge Spurs Optimism for Upscale Las Vegas Properties
The recent surge in baccarat volume has economists and industry experts buzzing with optimism about the future of high-end properties along the famed Las Vegas Strip. High-Stakes Baccarat Fuels Record Revenue for Las Vegas Strip According to insights provided by Wall Street analyst John DeCree, the Las Vegas Strip witnessed an unprecedented $905 million in […]