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Business
June 12, 2024
Boyd Gaming Adds Veteran Investment Banker to Board
Boyd Gaming, an American gaming and hospitality company, has designated Michael Hartmeier as a member of its board. A former Barclays investment banker, the appointee will now become a part of the operator’s audit committee. By adding Hartmeier to the board, Boyd has essentially expanded its board size from eight to nine members, six of […]
Sports
June 12, 2024
NCAA’s President Reignites College Prop Bet Ban Efforts
The nationwide expansion of sports betting granted millions of Americans access to legal wagering options. Many states saw the benefits of legal sports wagering that generates tax revenue from the activity which would otherwise take place via black market or offshore operators. Yet the expansion has a detrimental effect on sports, especially on college leagues. […]
Industry
June 12, 2024
Tennessee Regulator Fines Operators over Payout and Self-Exclusion Breaches
The Tennessee Sports Wagering Council (SWC) has agreed to levy fines against sportsbooks that violated its rules. These included ZenSports, which failed to pay out winnings and Fanatics, which committed a self-exclusion-related breach. According to the announcement, the SWC understood that ZenSports did not maintain a sufficient reserve account balance for its operation. Under Tennessee’s […]
Casino
June 12, 2024
Former Casino Worker Not Found Guilty in Colorado’s Largest Casino Scam
Prosecutors dropped all charges against Sabrina Eddy, a former Monarch Casino Resort and Spa employee at Black Hawk, in connection with Colorado’s $500,000 theft scandal. This decision follows the First Judicial District Attorney Office’s investigation into an extensive scam that targeted Eddy without her knowledge. Sabrina Eddy Acted in Good Faith Eddy worked as a […]
Business
June 12, 2024
FanDuel and DraftKings Retain Dominance, Oust Competitors
Since the repeal of PASPA six years ago, sports betting expanded across the United States. This expansion helped create a healthy and competitive market. Although there are plenty of licensed operators, the unquestionable leaders remain FanDuel and DraftKings. The duo, cumulatively held a 73% handle share in April, according to Truist’s expert analyst Barry Jonas, […]
Industry
June 12, 2024
New York’s Three New Casinos May Generate Money for the MTA
A couple of years ago, New York lawmakers greenlighted a proposal that called for the creation of three new downstate casinos. The expansion of land-based gambling in the state seeks to bring economic stimulus, create new jobs and generate tax revenue. Yet, there wasn’t much progress since which is a prime reason why Assemblyman Gary […]
Casino
June 11, 2024
Bingo Player Wins $134K Jackpot at Las Vegas Valley Casino
A very lucky bingo player visited the Suncoast Hotel and Casino in Las Vegas on June 6 and went home with a whopping $134,446 in total winnings. Wayne W. managed to hit the Double Daub Progressive in 35 numbers or less at the 3 p.m. bingo session at the casino. According to casino officials, Wayne’s […]
Sports
June 11, 2024
NFL Quarterback Backpedals after Saying He Is a “Gambling Man”
Dak Prescott from the Dallas Cowboys has quickly clarified an earlier statement in which he described himself as a “gambling man.” While the quarterback only wished to express his situation ahead of the expiration of his current contract, he soon came to realize that his comment may be misinterpreted by some people. Prescott made the […]
Lottery
June 11, 2024
New Jersey Player Wins $223M Powerball Jackpot on Monday Draw
Monday night marked an unforgettable moment for one Powerball player from New Jersey. The lucky person, whose identity remains concealed, secured the grand prize from the popular lottery game. Guessing correctly the winning numbers from yesterday’s drawing, the person secured the mind-blowing $223 million jackpot. To win the grand prize from Powerball, the player from […]
Legal
June 11, 2024
Two Ohio Men Receive Prison Sentences for Illegal Gambling and Tax Fraud
Two men from Ohio have been sentenced to prison after running an illegal gambling operation for years and hiding millions in taxes. The operation was running for approximately 10 years, accumulating millions in profits. The two man in question are Christos Karasarides Jr, 59, of Canton, and Ronald DiPietro, 65, of Clinton. The two men […]
