Sports
October 18, 2024
Netflix Releases Paul vs. Tyson Trailer after the Former Athlete Proposes a Bet
Jake Paul and Mike Tyson’s boxing match is just around the corner after a lengthy delay. El Gallo will face off against the Baddest Man on the Planet on November 15 at the AT&T Stadium in Arlington, Texas. Everyone Has a Plan Until They Get Punched in the Mouth Originally planned to take place in […]
Industry
October 18, 2024
Pro Poker Player Awaits Sentencing in Vegas Bookmaking Scheme
At the end of August, we reported on the case of a professional poker player from Long Beach, California who admitted to money laundering and running an illegal bookmaking business. At the time, Damien LeForbes filed an agreement to plead guilty to the federal charges in Las Vegas and California after previously signing a plea […]
Business
October 18, 2024
NJ’s Gambling Sector Records September Surge from iGaming, Betting
September marked a strong month for licensed gambling operators in New Jersey. Gaming Revenue Increases in September On Thursday, the state’s gambling regulator, the Division of Gaming Enforcement (DGE), released its latest report, pointing to a strong growth in revenue in September. In total, casinos, racetracks and their partners reported revenue of $558.3 million last […]
Business
October 18, 2024
Dabble Considers Going Public to Take Its Growth to the Next Level
Dabble, a revolutionary social betting platform in Australia and a daily fantasy sports operator in the US, is said to be considering the next stage of its growth. An initial public offering (IPO) and sale of the business seem to be on the table. Dabble Is Considering Nasdaq or ASX IPO According to a reports, […]
Blockchain
October 18, 2024
Buying Crypto and Meme Stocks Is Akin to Gambling, Says Strategist
Buying cryptocurrencies and meme stocks like Trump Media is akin to gambling, believes Fiduciary Trust International’s managing director, Doug Cohen. In an interview with Quartz for the “Smart Investing” video series, Cohen discussed why these types of assets are too speculative to be considered sound investments. Cohen explained that the behavior seen around meme stocks […]
Sports
October 18, 2024
Polymarket Now Puts Donald Trump Ahead Thanks to $26M Bet
Although most polls will tell you that the November elections are a toss-up, several Polymarket bets, totaling $26 million and possibly coming from the same source, would suggest that Donald Trump, the GOP candidate, has a significant lead over his Democratic counterpart. Trump is Now Favored in Polymarket Odds to Win the Presidency Because of […]
Sports
October 18, 2024
Colorado Seeks Dismissal of Tribal Lawsuit Over Sports Betting Regulation
Colorado is asking a federal court to toss a lawsuit filed by the Southern Ute and Ute Mountain Ute Tribes. Tribes Sue Colorado Over Sports Betting Rules, State Asserts Legal Immunity The tribes are challenging how the state oversees their sports betting businesses. The state’s lawyers say the Eleventh Amendment protects the officials named in […]
Business
October 18, 2024
Analyst Hints at Potential Golden Entertainment Casino Sale-Leaseback
On Wednesday, the American gaming company that operates gaming properties, slot routes and taverns, Golden Entertainment, confirmed that its third quarter 2024 financial results are going to be released after market close on November 7, 2024. Ahead of the release of the financial figures, analysts shared their forecast, discussed potential challenges and opportunities the company […]
Legal
October 17, 2024
Andy Sanborn Arrested Over Fraud Allegations, Complicating Concord Casino Sale
Former New Hampshire state senator and Concord Casino owner Andy Sanborn has been arrested for alleged fraud and misappropriation of pandemic relief funds. He reportedly manipulated the casino’s revenue figures to obtain an extra $188,474.33 from the state’s Main Street Relief Fund program to support small businesses during the COVID-19 pandemic. Both Sides Levy Significant […]
Lottery
October 17, 2024
Four Lottery Players Miss the Powerball Jackpot, Allow It to Grow
Wednesday marked the latest drawing of the popular American lottery game, Powerball. While many lottery players tried their luck for the hefty $409 million jackpot, nobody matched correctly all the winning numbers. Saturday’s Jackpot Estimated at $437 Million To win the Powerball jackpot, players had to match correctly all white balls 4, 30, 39, 44, […]
