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Industry
May 30, 2024
UK Gambling Reforms Face Uncertainty as Stuart Andrew Resigns
Rishi Sunak recently unveiled a snap election, much to the UK political sector’s surprise. As a possible leadership change looms, the gambling industry remains wary of the effect this change would have on the ongoing reforms. As if to add to the uncertainty, the UK gambling minister Stuart Andrew just announced his resignation. As of […]
Industry
May 28, 2024
Blackstone CEO Steve Schwarzman Confirms Support for Trump
Ahead of the US presidential election, Donald Trump, the famous billionaire and former President, received support from a fellow billionaire and chief executive of Blackstone Group, Stephen Schwarzman. The CEO, chairman and co-founder of Blackstone, the world’s largest alternative asset investment management company based in New York City, reaffirmed its support for Trump in an […]
Industry
May 24, 2024
UK Bettors Believe Labour Party Will Oust the Conservatives
In a development that took many aback, British PM Rishi Sunak called a snap election on May 22. While Sunak’s decision demonstrates clear confidence in the current government, political bettors aren’t so convinced that the Conservatives will be able to remain in power. Sunak’s gambit comes amid declining support for the Conservative Party. The Conservatives’ […]
Industry
May 24, 2024
Bettors Engage with UK General Election, Wager £1.35M on Betfair Exchange
As the UK General Election campaign kicks off, betting markets have seen an unprecedented surge in activity. In just 24 hours, Bettors have wagered a staggering £1.35 million ($1.71 million) on the Betfair Exchange regarding the outcome of the 4 July vote, which may be instrumental in resolving the island nation’s ongoing political crisis. Conservatives […]
Industry
May 23, 2024
LVS Head Supports Dade Phelan Ahead of May Runoffs
Texas House Speaker Dade Phelan has secured financial backing from a variety of businesses, including the head of the casino juggernaut Las Vegas Sands. This money comes at just the right time as far-right competitors seek to remove moderates from the party. As the runoffs draw near, Phelan’s campaign secured significant backing from Miriam Adelson, […]
Casino
May 20, 2024
Donald Trump Secures the Republican Jewish Coalition’s Backing
Donald Trump has secured the backing of the Republican Jewish Coalition (RJC) ahead of the upcoming elections. As announced, the non-profit has pledged to contribute $5 million to Trump’s reelection. The RJC’s ambition is to forge a meaningful relationship between the Jewish community and Republican lawmakers. The organization’s overarching aim is to foster favorable relations […]
Industry
May 16, 2024
Nevada Lawmakers Lose Culinary Union Endorsement over Room Cleaning Bill
The largest union in Nevada which represents approximately 60,000 workers from the hospitality and entertainment industry, the Culinary Workers Union 226, released its endorsements ahead of the 2024 Nevada Primary. Besides the long list of endorsements, the Union presented its list of legislators who were un-endorsed. The action comes after a legislation from last year […]
Industry
May 1, 2024
Gambling Felony Might Ruin an Aspiring Treasurer’s Bid for Office
Past involvement in illegal gambling could spell the end of an aspiring treasurer’s bid for office. Billy Joy of Terre Haute hopes to become Vigo County’s next treasurer but might turn out to be ineligible for the position because of his past engagement in unauthorized gambling. Local news outlets were tipped off about the aspiring […]
Casino
May 1, 2024
Catalan Parties Fail to Reach a Consensus on the Hard Rock Casino Project
The Catalan parliament continues to discuss the Hard Rock casino plans over ten years after the project was announced. Parties are yet to reach a consensus on the matter, the Catalan News reported. The Hard Rock casino project envisions the construction of a casino-hotel complex in Vila-seca and Salou, Tarragona, in the vicinity of the […]
Industry
April 25, 2024
UK MPs Discuss KiX, Vow to Prevent Another Football Index Situation
The UK parliament has discussed KiX, a controversial new soccer trading platform. While bearing some similarities to the failed Football Index platform, KiX says that its predecessor was merely a “proof of concept.” For context, the Football Index was a platform similar to a stock market. Instead of stock, however, players dealt with wagers on […]
