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Business
June 11, 2021
PointsBet Inks Riverboat Group Agreement to Enter Maryland
Under an exclusive agreement with Riverboat Group, PointsBet secured Maryland market entry. While regulatory approval is still pending, once PointsBet is given a green light it will launch both online and retail sports wagering. PointsBet Secures Maryland Market Entry via Riverboat Group Partnership Premier global online gaming operator, PointsBet announced on Thursday that it inked […]
Sports
June 11, 2021
MLB’s Washington Nationals Ballfield To Feature BetMGM As Sports Gambling Partner
The Washington Nationals have extended their exclusive sports gambling partnership with an operator that is trying to hit a home run in the Maryland-DC area. BetMGM announced yesterday that it had signed an extension to its multi-year exclusive deal with the MLB team to be the only mobile sports gambling app provider at the team’s […]
Industry
June 11, 2021
Dennis Blieden Sentenced to Prison for Embezzling $22 Million
Dennis Blieden, a former World Poker Tour champion, has been sentenced to more than six and a half years in prison for embezzlement and identity theft. Dennis Blieden Funded His Poker Game with Embezzled Money On Wednesday, Dennis Blieden, a former World Poker Tour champion, received a sentence for 79 months (more than six and a […]
Casino
June 11, 2021
Industry Analysts Bullish on Caesars Entertainment and MGM Resorts As Vegas Recovery Gains Steam
Casino operators in the US are close to partying like it’s 2019, but they’re not there quite yet. Revenue levels are rebounding following a disastrous 2020 caused by COVID-19 and recovery is coming quicker than what was previously expected. Soon, casino operators could find their revenue matching that of 2019, and industry analysts believe that […]
Casino
June 11, 2021
Florida’s City of Doral Passes Measure To Ensure Donald Trump’s Resort Can’t Have a Casino
If Donald Trump wants to add a casino to the Trump National Doral Resort in Doral, FL, he’s now going to have to convince a lot of people. The city’s councilmembers met this week and approved a measure that explicitly prohibits gambling and casinos within city limits unless approved by local residents. The move is […]
Poker
June 10, 2021
Livestream Cash Poker Player Indicted with Health Care Fraud
A popular poker figure featuring on a new cash game livestream is facing up to 5 years in federal prison and millions in fines and civil penalties. Medical Testing Fraud Billy Joe Taylor, who poker fans watching the TCH livestream cash games from the Texas Card House in Dallas will remember as a loose-calling whale, […]
Legal
June 10, 2021
North Carolina Sports Betting Bill Expected to Advance in June
Sports betting legislation in the state has not seen any progress since April, but sponsors expect serious discussions to take place in June. Senate Bill 688 on Halt Since April The expansion of sports betting in North Carolina has not seen the expected progress, although supporters of the legislation say there might be an advance […]
Industry
June 10, 2021
SIG Investment Set to Fuel Smarkets’ Push in the US
Smarkets, a London-based sports betting exchange operator, received significant investment from an investment fund affiliated with American trading giant SIG, signaling an upcoming push in the US. Betting Similar to Trading The significant minority investment made by Susquehanna Growth Equity, an investment fund affiliated to SIG, marked the first time since 2013 when outside money […]
Business
June 10, 2021
SEC Chair Warns Markets Change in Trading Rules Is Coming
Equity trading in the US is likely to undergo a major overhaul after a regulatory call for a broad review of stock trading rules is questioning legal mandates related to brokers, an article in Bloomberg speculates. Payments for Order Flow Staff at US Securities and Exchange Commission (SEC) was tasked to examine brokers’ requirements for […]
Business
June 10, 2021
BetMGM Named Official Gaming Partner of Professional Fighters League
BetMGM has been named as the “Authorized Gaming Operator” of the Professional Fighters League (PFL). The partnership will give MGM Resorts International and joint venture partner Entain access to PFL promotions, VIP events, and the use of the PFL logos and marks. Officially commencing from June 10, BetMGM customers will have the opportunity to wager on […]