Lottery
July 12, 2024
Michigan Lottery Winner Enjoys Huge Blessing, Bags $170K Jackpot
After a 67-year-old man from Oak Park, Michigan, remembered to purchase his ticket for the popular Fantasy 5 draw, he was pleasantly surprised to win the game’s jackpot. The Michigan Lottery announced Thursday that the winner of the Fantasy 5 draw from June 3 recently came forward to claim his prize. The name of the […]
Casino
July 12, 2024
Bally’s Corporation Secures $2B in Funding for Its Permanent Chicago Property
Bally’s Corporation has secured funding for its permanent casino in Chicago from Gaming and Leisure Properties thanks to a new lease arrangement. This will allow the former company’s property in the city to progress after a period of financial uncertainty. According to the announcement, an affiliate of Gaming and Leisure Properties agreed to acquire the […]
Industry
July 12, 2024
Political Bets and Odds Offered by Sportsbooks Reflect People’s Opinions
In spite of sports betting being federally legalized in the US, sportsbooks based in the country are not allowed to accept bets on political events. Nonetheless, overseas betting platforms allow wagers on who will win an election, who will represent a certain party, or humorous topics like who will wear a red tie during a […]
Sports
July 12, 2024
Sports Betting Goes Through the Roof, Athletes Face Consequences
The undeniable rise of sports betting from an underground industry run by shady sportsbooks a few years ago to a mainstream enterprise with online wagering supported by omnipresent TV commercials has brought its fair share of problems at all levels, athletes included. In 2024, baseball took some of the biggest hits with several gambling scandals […]
Industry
July 12, 2024
Operators Expect Spike in Activity during the Summer Olympics
As the Summer Olympics in Paris loom, operators are preparing for a spike in betting activity. Set to be the first Summer Olympics since the pandemic, the event will be seen by millions of bettors. As many new states launched legal betting since the previous edition of the games, operators are expecting record-breaking activity. Max […]
Casino
July 12, 2024
Live! Casino & Hotel Louisiana Hits Key Construction Landmark
Earlier this week, the Cordish Gaming Group announced an important appointment by naming Bryan Prettyman senior vice president of property operations at its Live! Casino and Hotel in Louisiana. The important hire strengthened the executive-level team at the casino resort which is expected to open for visitors in Q1 2025. Construction of the gaming and […]
Business
July 12, 2024
SaharaBets to Exit Arizona Following the Coyotes’ End
Sports betting operator SaharaBets announced its exit from the Arizona sports betting market, citing its licensing partner’s disbandment as the reason. The operator, which was partnering with the Arizona Coyotes, was left with no choice but to withdraw from the market once the franchise went defunct in The Grand Canyon State. For context, the Coyotes […]
Industry
July 12, 2024
Fanatics Fined $15K in Massachusetts over In-State College Wager
The leading betting operator that continues to expand its presence across the United States, Fanatics, received a new fine in Massachusetts. Currently, the state doesn’t permit wagering on in-state college games. Massachusetts is among a list of states that banned such wagers in a move that seeks to protect young athletes and ensure the integrity […]
Casino
July 12, 2024
Wind Creek Casino Job Fair in Harvey Canceled Last Minute
Ahead of the opening of Wind Creek Chicago Southland, a massive job fair was planned in Harvey on Thursday. The event, taking place at the Harvey Park District’s Gloria Taylor Center, was expected to help the casino hire a wide range of employees, filling some of the 1,000 open roles. However, while hundreds of job […]
Business
July 12, 2024
JP Morgan Analyst Sees Bright Investment Future for MGM Resorts
MGM Resorts International is drawing attention with its investment potential, a report by JP Morgan analyst Joseph Greff said. In a note to investors, Greff stressed the good risk/reward profile of MGM’s stock and confirmed his Overweight rating while setting a price target of $57 per share. MGM Resorts’ Strong Cash Flow and Strategic Moves […]
