The Kentucky Supreme Court says it is again examining the legality of historical horse racing machines. The move follows an appeal from the Kentucky Family Foundation. The organization seeks to overturn a lower court decision on the slot machine-like terminals. An opinion is expected to be fast tracked. But, exactly […]
Business and Commerce
NBA Tapping Into Virtual Sports Betting Market with NBA Last 90 Game
The NBA and National Basketball Players Association (NBPA) have announced the launch of a virtual sports betting product known as NBA Last 90 that will give gamblers the chance to bet on simulated games that feature actual game highlights from the league. The product is expected to launch sometime during […]
New Jersey’s May Sports Betting Handle Evades Seasonal Slump
New Jersey’s May sports betting handle of $318,940,677 is a seasonally strong number. Primarily driven by its online sportsbooks, New Jersey’s May sports betting handle was up 1.7 percent over April. Even more encouraging was May’s performance when compared to March. May’s handle was 14.5 percent lower than March’s. But […]
Apple App Store HTML5 Policy Change Scrambles Mobile Sportsbooks
Apple’s new app policy threatens online sportsbooks, right before the all-important NFL season.
Trouble in Paradise: Santa Anita Denies Request to Halt Racing
Santa Anita Park is refusing a request by state regulators to immediately end its current Thoroughbred meeting. The historic track located in suburban Los Angeles is currently experiencing an unprecedented number of equine fatalities during its winter/spring season – now totaling 29 since its Dec. 26 opening. The California Horse […]
Caesars, William Hill Partnership Still in the Cards Despite Failed 2018 Merger
Last fall, merger talks between casino giant Caesars Entertainment and bookmaker William Hill failed, leaving many to wonder about the gambling juggernaut that could have been. But in a strange twist, they could still end up as partners. Caesars Entertainment and William Hill were close to a merger in the […]
Federal Judge Rules Wire Act Applies Only to Sports Betting, Discarding DOJ Opinion
US District Court Judge Paul Barbadoro ruled in favor of the New Hampshire Lottery Commission in its lawsuit against the federal government on Monday, saying that the Wire Act is limited in scope to sports betting, and does not apply to other forms of online gambling. In the 60-page ruling, […]
Happy Days Ahead for Illinois Horse Racing Thanks to Gambling Expansion Law
The once vibrant Illinois horse racing industry now could be on a path to restoration. The dramatic decline in business in recent decades, caused by other wide-ranging gambling availabilities within the state and in neighboring jurisdictions, is likely to be ending. At least that’s the hope after passage this weekend […]
NBC Scores Come-From-Behind Victory with Indy 500 Coverage
NBC’s inaugural airing of the Indy 500 reversed a years-long ratings slump, fueling growth expectations for both IndyCar racing and motorsports betting. Starting in the pole position, Simon Pagenaud was one of the favorites going into the 103rd running of the Indy 500. NBC, however, was expected to have an […]
ESPN, Caesars Entertainment Partnering to Create Sports Betting Content
ESPN and Caesars Entertainment have announced a partnership that will see the two companies work together to create a variety of sports betting content. The deal includes an ESPN-branded studio that will be created at the LINQ Hotel & Casino in Las Vegas. ESPN to Include Caesars Odds in Broadcasts […]
Fox Sports Invests in Stars Group, Will Offer Sports Betting in the United States
Fox Sports announced Wednesday that it has purchased a stake in The Stars Group, the parent company of PokerStars, a move that will allow it to become the first major media company in the United States to offer sports betting products. Fox – the parent company of Fox Sports – […]
FanDuel Becoming First US Bookmaker to Stream Live Sports in Mobile Betting App
The FanDuel Sportsbook is aiming to break new ground in the American sports betting market, as it has announced plans to offer live sports broadcasts alongside odds and betting options on the company’s website and mobile betting app. The move will be made possible by a partnership between the FanDuel […]
March Madness Boosts Nevada Sportsbooks to Record Month Despite Increased Competition
Nevada sportsbooks enjoyed a record March, once again helping to alleviate concerns that the spread of legalized sports betting might have a negative effect on existing operations in the Silver State. According to the Nevada Gaming Control Board, state bookmakers took in $596.7 million in handle during March, the most […]
FanDuel Sportsbook Pays All Outstanding AAF Championship Bets as Winners
When the Alliance of American Football announced Tuesday that it would be suspending operations with two weeks remaining in its regular season, most sportsbooks moved to void all futures bets on the league championship, while others waited for official word that the league would be folding. But the FanDuel Sportsbook […]
Sports Betting Legislative Roundup: Tennessee Bill Faces Opposition, RI Approves Mobile Betting
The prospects of a bill that would legalize online sports betting in Tennessee appear to be fading, as a state Senate panel overwhelming voted to recommend against passage of the legislation. While that recommendation by the Senate Government Operations Committee – which came by an 8-1 margin on Wednesday – […]
NHL Continues Gambling Push by Signing William Hill as Official Sports Betting Partner
The National Hockey League announced Thursday that William Hill would become an official sports betting partner of the NHL, the third such deal the league has made since the start of the 2018-2019 season. The NHL first partnered with MGM Resorts in October, before reaching a similar agreement with FanDuel […]
60 Minutes Dives Into Sports Betting, With a Focus on the Vulnerability of College Athletes
The CBS news magazine 60 Minutes spent more than 13 minutes discussing sports betting on Sunday night, with a large amount of that time focused on the threat of corruption at the college level. The in-depth segment presented an overview of where legalized sports betting now stands in the United […]
Showtime’s “Action†Reveals Inside Characters in World of Sportsbetting
Even with sportsbetting becoming legal across the county, there is much about the business that is unknown, but Showtime’s “Action†aims to reveal some of the people involved in the business, that makes an estimated $400 to $500 billion annually. The first episode of the four-part docu-series premieres Sunday night […]
Two West Virginia Sportsbooks Still Shut Down for First Weekend of NCAA Tournament
The Wheeling Island Casino Racetrack and the Mardi Gras Casino & Resort in West Virginia won’t be able to take bets on the first weekend of March Madness, as a contractual dispute continues to interrupt operations at both sites. The disruption began on March 6, as operator Delaware North was […]
Major League Soccer Becomes Latest American Sports League to Partner with MGM Resorts
MGM Resorts International will become the first official gaming partner of Major League Soccer, making MLS the fourth major sports league in the United States to partner with the gaming firm. MGM had previously reached agreements with the NBA, NHL, and Major League Baseball, and is also the exclusive gambling […]