Business
October 24, 2024
Truist Analyst Shares Insights, Finds Gaming Stocks Uninspiring
An expert analyst recently pointed to the underperforming gaming stocks when compared to the S&P Index and discussed a range of challenges and developments within the sector. Investors Lack Enthusiasm for Gaming Stocks That is the take of Truist Securities analyst Barry Jonas, who was recently quoted by CDC Gaming. In a Wednesday note to […]
Sports
October 24, 2024
Virginia Tech Men’s Basketball Parts Ways with Hysier Miller
With millions of Americans having access to legal sports betting, concerns about problem gambling, athlete abuse and match-fixing continue to mount. Over the last year alone, a number of cases involving abuse by disgruntled athletes or players engaging in betting were recorded. Player Dismissed Amid Gambling Investigation When it comes to betting, sports leagues have […]
Industry
October 24, 2024
Kalshi’s US Election Betting Markets Record Surge in Demand
Less than two weeks until the Presidential Election in the United States, the interest in election betting markets on Kalshi, the popular regulated exchange and prediction market, continues to grow. Election Markets Can Be More Accurate than Polling The upcoming election has attracted more than $70 million worth of trading since the company was allowed […]
Casino
October 24, 2024
Las Vegas Sands Reconsiders $6B New York Casino as iGaming Gains Momentum
Las Vegas Sands (LVS) continues to worry about its $6 billion casino resort project on Long Island, New York, as online gambling grows. Las Vegas Sands Weighs Digital Competition Amid Delays in New York Casino License Process In the company’s latest earnings call, CEO Robert Goldstein stressed the competition from digital platforms. He pointed out […]
Lottery
October 23, 2024
Five Players Win Big with the Florida Lottery
Several players have won huge prizes from scratch-off tickets in Florida. As of the time of this writing, the lottery has minted some 2,175 millionaires via scratchers alone. White Springs Man Takes $1M Home Edwin Scroggin, the first of the recent winners had decided to try out his luck on a $30 scratcher. This fateful […]
Casino
October 23, 2024
Bally’s Aims to Open Vegas Casino Together with A’s Ballpark in 2028
Bally’s Corp. has reaffirmed its commitment to complete the first phase of its planned Las Vegas resort and casino by 2028, aligning the opening with the debut of the Oakland Athletics’ $1.5 billion ballpark. The projects will share the 35-acre site previously occupied by the Tropicana Las Vegas, whose waning business prompted its demolition. The […]
Legal
October 23, 2024
Mount Airy Casino to Face Revived Slip-and-Fall Lawsuit
The COVID pandemic might be over but its lasting effects continue to haunt certain businesses. For example, Mount Airy Casino Resort, a gambling property in Pennsylvania, now faces a lawsuit over alleged hand sanitizer-related negligence. A Guest Injured Her Elbow Tatiana and Peter Oudolsky were visiting the Pocono Mountains property during a holiday in July […]
Casino
October 23, 2024
Gambler Loses $150,000 Jackpot Due to Self-Exclusion
Hitting a hefty six-figure casino jackpot is, without a doubt, a reason for celebration. However, for one particular gambler, the sweet news of a big win quickly turned sour. According to Kelley, a casino employee known on TikTok as @casinomassagekelley, a gambler who recently hit a $150,000 jackpot was denied his prize. Accused of Trespassing […]
Legal
October 23, 2024
Manhattan Beach Lawyer Caught Defrauding Clients to Fuel Gambling Addiction
The California Supreme Court has officially disbarred a Manhattan Beach lawyer with the initials S.V.R. The man has been found guilty of defrauding his clients out of $117,000 to fund a gambling addiction. The court confirmed 19 instances of professional misconduct and admonished S.V.R.’s actions, which included fabricating a cancer diagnosis to elicit sympathy during […]
Industry
October 23, 2024
Integrity Compliance 360 Taps Former NJDGE Director as Special Advisor
David L. Rebuck, a gambling industry veteran who served as director of the New Jersey Division of Gaming Enforcement (DGE), has now joined consultancy Integrity Compliance 360 (IC360) as a special advisor. IC360 Taps into Regulatory Talent to Bolster Private Offer In his role, Rebuck will prove invaluable in helping spearhead the company’s efforts to […]
