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Industry
July 26, 2024
UK Gov Unveils New DCMS Ministerial Team
The United Kingdom’s Department for Culture, Media and Sport (DCMS) has unveiled its new ministerial team, led by Lisa Nandy. Nandy was confirmed as Brtiain’s new DCMS head approximately a month ago and is now set to be supported by a team of industry professionals, including a new gambling minister. The DCMS Unveiled Its New […]
Industry
July 25, 2024
Bookmakers Favor Kelly, Shapiro as Kamala Harris’ VP Running Mate
Recently, President Joe Biden confirmed his plans to withdraw from the presidential race. The decision, which was announced on July 21, immediately increased the chances of Vice-President Kamala Harris for becoming the Democratic nominee and winning the elections. Odds via BetOnline at the time of writing still recognize former President Donald Trump as the favorite […]
Industry
July 24, 2024
Biden’s Exit Spurs Record Polymarket Betting Activity
Joe Biden’s unexpected decision to bow out of the 2024 presidential race has sent shockwaves through political circles and prediction markets. Immediately after the announcement, Polymarket, a leading decentralized prediction platform, experienced its highest spike in betting activity ever. Daily trading volume surged to a record high of $28 million, showcasing enhanced uncertainty and interest […]
Casino
July 18, 2024
Las Vegas Sands’ Stock Takes Hits as Donald Trump’s Reelection Odds Shorten
Las Vegas Sands is in a strange position. The business founded by the late Sheldon Adelson, a staunch Republican supporter, has not deviated from its pro-GOP line under the control of Miriam Adelson, Mr. Adelson’s wife. LVS’ Stock Experiences the Jitters as Trump’s Chances Grow Steadily Yet, as the polls continue to steadily increase in […]
Industry
July 16, 2024
UK: Anti-gambling Advocate Donates £250K to Labour’s Campaign
Ahead of the general elections in the UK, a number of politicians were tangled in a massive betting scandal. The looming scandal involved Conservatives as well as Labour party members. The betting scandal had a detrimental effect on the outcome of the elections, especially considering Labour’s win who took more than 400 out of the […]
Industry
July 15, 2024
BGC Pledges to Cooperate with the UK’s New Government
The Betting and Gaming Council (BGC) supported the newly appointed ministers in the Department for Culture, Media and Sport (DCMS) as the UK government progresses towards finalizing its White Paper reforms on gambling. Lisa Nandy MP has stepped in as the new Secretary of State for Culture, Media and Sport, with Stephanie Peacock MP joining […]
Industry
July 15, 2024
Donald Trump’s Election Odds Surge After Assassination Attempt
The odds of Donald Trump winning the 2024 presidential election have significantly increased after him being the victim of an assassination attempt at a rally in Pennsylvania. The former president was shot in his ear, making blood run down his face on the afternoon of July 13. However, he still managed to raise his fist […]
Industry
July 12, 2024
Political Bets and Odds Offered by Sportsbooks Reflect People’s Opinions
In spite of sports betting being federally legalized in the US, sportsbooks based in the country are not allowed to accept bets on political events. Nonetheless, overseas betting platforms allow wagers on who will win an election, who will represent a certain party, or humorous topics like who will wear a red tie during a […]
Industry
July 11, 2024
Trump Challenges Biden to a Golf Match on Doral’s Blue Monster
One of the highlight moments of the recent presidential debate between former President Donald Trump and President Joe Biden saw the two discuss golf. While highly criticized, the debate may now have an interesting outcome. In June, US Open champion Bryson DeChambeau proposed hosting a golf match for the two men, allowing them to turn […]
Industry
July 8, 2024
Labour’s Historic Win Heralds Gambling Sector Uncertainties
In the wake of Sir Keir Starmer’s historic landslide victory, the UK gambling sector faces significant uncertainty. British racing, in particular, must navigate a drastically altered political landscape, as many of its key supporters in Parliament have either retired or lost their seats in Thursday’s election. However, Labour has pledged to address industry feedback, alleviating […]
