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Industry
June 26, 2024
North Carolina’s Gambling Expansion Debate Intensifies with Donations
North Carolina was among the states that launched retail sports betting in March 2021. Several years later, this March, the state officially launched its mobile betting market, paving the way for the further expansion of industry leaders such as FanDuel, DraftKings, Caesars and BetMGM, among other operators. Amid the expansion of gambling activities with the […]
Business
June 26, 2024
MGM Resorts, LVS and Wynn Highlighted in Goldman Sacks’ Sharpe Ratio Picks
Three leading gaming companies made it to the “high Sharpe Ratio” basket comprised by the leading global investment banking, securities and investment management firm, Goldman Sachs. Investors with the firm recently rebalanced the aforementioned basket, as announced in a report released by Seeking Alpha. Currently, the high Sharpe Ratio basket helps identify 50 S&P 500 […]
Industry
June 26, 2024
Florida Governor Shields Gambling Regulator from Public Records Requests
Ron DeSantis, the governor of Florida, signed a bill into law last week that will make it more difficult for people to obtain personal information about members of the Florida Gaming Control Commission. Florida Legislature Unanimously Passes Bill to Protect Gaming Commission Members’ Details Senate Bill 692, which sailed through both houses of the state […]
Lottery
June 25, 2024
Illinois Mega Millions Winner Describes Her Incredible Experience
The fortunate winner, who wishes to remain anonymous, recounted her extraordinary experience to lottery officials. Known only as the ‘MEGA Millionaire,’ she shared how she discovered her life-changing win. Her desire to remain out of the public spotlight is understandable, especially considering the complications such sudden wealth can bring into a person’s life. The Jackpot […]
Sports
June 25, 2024
Drake Curse Hits Again as Rapper Loses $1M on Bets in Two Weeks
The “Drake curse”, which is a decade-old popular belief that claims rapper Drake brings bad luck to any sports team he chooses to support, has once again popped up as the talk of the town as fans have been seen reacting to his latest betting misfortune. Rough Year for Drake The rapper, who was once […]
Industry
June 25, 2024
Christopher Hebert Becomes LGCB’s First African American Chairman
The Louisiana Gaming Control Board (LGCB) has welcomed Christopher Hebert as its new chairman. Appointed by Governor Jeff Landry, Hebert is a long-time state assistant attorney general whose experience makes him a perfect successor to Ronnie Johns. Johns, for context, is set to retire on June 30, following almost four decades of public service. Herbert, […]
Lottery
June 25, 2024
Wayne County Resident Wins $6M from Michigan Lottery Instant Game
Some gamblers or lottery players may go through a lifetime without securing meaningful prizes. Others, tend to be luckier and don’t need to spend thousands to win big. This is exactly the case of one Wayne County, Michigan, resident who recently won $6 million after buying his second lottery ticket for the year. The lucky […]
Industry
June 25, 2024
DraftKings Employee Accused of Information Leak, Aiding Extortion
A new lawsuit alleges a senior-ranking employee of DraftKings aided an extortionist, who threatened to kill a New York bettor and asked him to pay a substantial sum to a recognizable sports betting influencer. The case was reportedly filed with the Supreme Court in Queens County, New York, by a person who withheld his identity. […]
Sports
June 25, 2024
Survey Reveals 38% Support for Betting Legalization in Missouri
Currently, there are a dozen states that are yet to legalize sports betting. Missouri is one out of two states where there’s an ongoing effort to put the legalization up for a vote on the upcoming Ballot in November. The results of a new poll, released last week, reveal that the legalization of sports betting […]
Industry
June 25, 2024
Florida Gambling Petition Collector Faces Charges over Fake Signatures
In 2021, supporters of casino gambling expansion in North Florida pushed for the collection of signatures to put the question up to a vote for the ballot in 2022. Nearly 815,000 signatures were required to put the topic on the ballot. At the time, Florida Voters in Charge, a political committee, managed to raise $75 […]
