Industry
December 19, 2024
New Bill to Prohibit Election Betting Introduced in US House
It has been a busy election season in the United States that culminated with the win of former President Donald Trump against his rival and current President, Joe Biden. While many supported the President-elect with their vote, some considered also placing a bet. That’s the case because platforms such as Kalshi and Polymarket, which offer […]
Sports
December 19, 2024
San Francisco 49ers vs. Miami Dolphins 2024 NFL Odds, Time, and Prediction
The San Francisco 49ers are flying across the USA to come to Hard Rock Stadium in Miami Gardens, Florida, where they’ll lock horns with the Miami Dolphins in Week 16. Each team is 6-8 right now, still without a guaranteed place in the postseason. But the playoff berth is within reach, especially for the team […]
Legal
December 19, 2024
Arbitrator Approves Class Action Lawsuit Against L&W
Earlier this week, an arbitrator greenlighted what can be described as the first-ever certified antitrust arbitration class action lawsuit in the United States. Class Action Is Cost-Efficient and Fair, Arbitrator Concludes The case involves Light & Wonder (L&W), the recognizable provider of software, games and technology for the global gambling industry, and more than 100 […]
Sports
December 19, 2024
Minnesota Vikings vs. Seattle Seahawks 2024 NFL Odds, Time, and Prediction
Both teams have been (some would say) unexpectedly impressive in the 2024 NFL. The Minnesota Vikings are 12-2 and are in contention for both the No. 1 seed in the NFC and the divisional title in NFC North. With an 8-6 record, the Seahawks are competing for the NFC West title. Minnesota Vikings vs. Seattle […]
Legal
December 19, 2024
FanDuel Founders and Investors Fight to Keep Sale Lawsuit Alive
The founders of FanDuel, plus over 100 early investors and workers, are trying to keep their lawsuit going in the New York Supreme Court. Lawsuit Claims Private Equity Firms Exploited FanDuel Sale They are suing private equity firms Shamrock Capital Advisors and KKR. The case is about the $559 million sale of FanDuel to Paddy […]
Sports
December 18, 2024
Placing Sports Bets on Credit May Surprise Gamblers with Fees
Ahead of the NFL playoffs and the upcoming holidays, an independent agency in the United States responsible for consumer protection in the financial sector warned that the use of credit cards for sports betting may surprise some betting aficionados with unexpected fees. Increase in Cash Advance Fees The announcement came from the Consumer Financial Protection […]
Industry
December 18, 2024
Illinois Hands Licenses to bet365 and New Casino
International gaming operator bet365 is set to further expand its global footprint with yet another market. During the Illinois Gaming Board’s (IGB) final meeting for the year, board members handed the new license to the sportsbook. The IGB also handed a license to Wind Creek Chicago Southland, a new casino in the state. Bet365 to […]
Industry
December 18, 2024
FTC to Require Lodging and Ticketing Companies to Disclose Extra Fees
The Federal Trade Commission (FTC) is considering new regulations for hotels, vacation rental platforms and live event promoters. Set to affect casino hotels too, the new rules will require properties and organizers to disclose any fees up front, the Associated Press reported. FTC Will Require Companies to Be Honest about the Prices According to the […]
Legal
December 18, 2024
Washington Court Dismisses Maverick Gaming’s Sports Betting Lawsuit
A lawsuit filed by a gaming company that challenged the existing sports betting market established in Washington was recently dismissed. Lawsuit Challenges Tribal-State Gaming Compacts Washington was among the US states that legalized sports betting back in 2020. After the legalization in March 2020, legal retail sports betting launched the next year, in 2021, after […]
Industry
December 18, 2024
Deutsche Bank Analyst Reflects on Louisiana Sports Betting Hearing
Carlo Santarelli, a Deutsche Bank analyst, has weighed in on the recent discussions surrounding sports betting in Louisiana. He analyzed the various points made by lawmakers, saying that the latest Senate Judiciary Committee hearing ended up producing “more heat than light.” Witnesses included NCAA’s president Charles Baker, Harry Levant, law director of gambling policy at […]
