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Industry
May 1, 2024
Alabama Advances Gaming Bill, Discards Sports Betting
Alabama’s lawmakers continue to advance the latest gambling bill, hoping to expand the state’s industry. However, sports betting will not cut it. House Bill 151 seeks to expand gaming across the board, authorizing casino gambling and sports betting in the state. The measure also envisions the creation of a state lottery. Under the proposal, Alabama […]
Legal
May 1, 2024
Nevada Gaming Regulator Pursues Legal Action Against Former Casino Exec
The Nevada Gaming Control Board has lodged a formal complaint against Scott Sibella, a former high-ranking executive in the casino industry. This action, coming four months after Sibella’s admission of guilt for breaching anti-money laundering protocols, adds another layer to the ongoing saga of regulatory scrutiny. Legal Troubles Mount for Former President of Resorts World […]
Sports
May 1, 2024
2024 AdventHealth 400 NASCAR Odds, Time, and Prediction
The 2024 NASCAR Cup Series has been incredibly exciting so far, with seven drivers getting to the top of the podium after the race. Only two of them – William Byron and Denny Hamlin – won more than one race this season. Actually, each of them won three races so far, with Hamlin being the […]
Sports
May 1, 2024
Tipico Contemplates Sale of US Platform in Response to Market Dynamics
As the earnings season for major companies in the US sports betting sector approaches, Tipico, the Malta-based gambling giant, is reportedly on the brink of selling its proprietary US sports betting platform. Tipico Mulls Sale to MGM Resorts, Reflecting Industry Challenges Sources close to the matter, speaking under anonymity, revealed to the financial newsletter Earnings+More […]
Industry
April 30, 2024
Maine Official Warns of Regulated iGaming’s Potential Harms
As Maine’s Legislature rejected the notion of introducing regulated iGaming to the state, Steve Silver, chair of the Maine Gambling Control Board, voiced concerns regarding the potential negative impacts if the move had succeeded. He highlighted examples from other jurisdictions, urging lawmakers to consider whether their decisions can have unintended consequences. Problem Gambling Is an […]
Business
April 30, 2024
Billionaire Barry Diller Granted Another Chance for Nevada Casino License
Media mogul Barry Diller, known for his prominent role in the entertainment industry, will have another opportunity to secure a full gaming license in Nevada. The decision comes as the Nevada Gaming Control Board (NGCB) voted to reconsider Diller’s application, marking a significant development in his pursuit of entering the casino industry. The Billionaire Faced […]
Sports
April 30, 2024
North Carolina Gov. Cooper Supports Changes to Sports Betting Taxation
Early in March, North Carolina became the latest state to launch its legal sports betting market. Joining a growing list of more than three dozen US states, The Tar Heel State rolled out mobile sports betting, providing sports fans and bettors alike a plethora of options for wagering on their favorite sports. As with any […]
Sports
April 30, 2024
DraftKings Takes the Cake in New York in a Single Week
The data shows that DraftKings was able to pull in a total of $27.3 million in terms of sports gambling revenue, half of the market total more or less. DraftKings posted a hold level of 14.6% on the $187.1 million wagered with the platform during the week and set a new record for itself. DraftKings […]
Sports
April 30, 2024
Mike Tyson vs Jake Paul Bout to Be Covered by US Sportsbooks
Now, the event may move forward with fresh approval from the Texas Department of Licensing and Regulation which has given a formal go-ahead for the fight to take place, recognizing it as an official boxing competition. Tyson vs Paul Is Now Official Boxing Event In other words, bookmakers will be able to start accepting wagers […]
Industry
April 30, 2024
Illinois Gaming Board Takes Regulatory Actions in April Meeting
The gambling regulator in Illinois, the Illinois Gaming Board (IGB), held its monthly regularly scheduled meeting, addressing a number of issues and taking regulatory action. The latest meeting was organized last week, and the Board confirmed a number of regulatory actions. Focusing on video gaming, the gambling regulator approved licenses for three terminal operators, one […]
