Delaware is hoping to be the first state to reap the benefits of the US Supreme Court’s recent repeal of the Professional and Amateur Sports Protection Act. Delaware Gov. John Carney released a statement on Thursday announcing that the state plans to have a sports gambling program launched sometime in June. […]
The future of legalized sports betting in the United States could be here by Memorial Day, May 28, when the Monmouth Park racetrack in Oceanport, New Jersey, plans to start taking bets. The announcement comes following the Supreme Court’s decision to strike down the Professional and Amateur Sports Protection Act […]
The Golden State Warriors and the Houston Rockets won’t play the first game of their Western Conference finals series until Monday night. But at one Las Vegas casino, bettors who picked the Warriors to win the conference are already getting paid. This isn’t a case of a sportsbook projecting confidence […]
The CEO of William Hill is betting that US lawmakers will soon open the door for legalized sports betting, and he has his company in a position to capitalize. In a conference call discussing the company’s earnings, Philip Bowcock revealed that William Hill has already spent “mid-to-high single-digit” millions of […]
Arsenal manager Arsene Wenger looked out to the capacity crowd of more than 60,000 fans chanting, “There’s only one Arsene Wenger,” and smiled. His 22-year run as the Premier League soccer team’s head man was coming to an end, and he acknowledged the fan’s adulation in his final home game […]
As if winning on sports betting wasn’t challenging enough, it’s even tougher when the promised odds don’t actually exist. The UK Advertising Standards Authority (ASA) has banned a TV ad by the mobile betting app Kwiff after the company misled consumers about the odds it was offering on a football […]
Nevada sportsbooks collected a record $522 million, with $436.5 million on both professional and college basketball. Of that half-billion amount, casinos kept $38 million. It was the 56th consecutive month sportsbooks have collected a profit, a streak that dates back to July 2013. In that month fan favorite Phil Mickelson […]
The Stars Group announced that it has agreed to purchase Sky Betting and Gaming for $4.7 billion, a move that will create the world’s largest publicly traded online gambling company in the world and give Stars a larger presence in the sports betting world. SBG is currently owned by CVC […]
Without information on scores and statistics, it would be impossible for anyone to bet on sports. And according to a new website called US Sports Integrity, bettors should be settling for nothing less than official data that is sanctioned by the leagues themselves. The website is the creation of Genius […]
With Illinois the latest state to consider legalizing sports betting, the PGA Tour took the opportunity to voice its support for initiatives backed by the NBA and Major League Baseball. The revelation of professional golf’s stance on the issue of gambling was disclosed at a hearing of the Illinois Senate […]
The UK Gambling Commission has issued a £1 million ($1.4 million) fine against Sky Bet, saying that hundreds of people were capable of placing bets on the online gambling company’s website even after they had asked to be banned from doing so. The fine is related to what are known […]
The operator of Bettor Investments, one of the first sports betting mutual funds to be founded in Nevada, is under increased scrutiny following reports that he has twice before filled for personal bankruptcy. Matt Stuart, 46, founded Bettor Investments under a 2016 law that allows for “entity betting” in the […]
Bookmakers in the United Kingdom have reason to be cautiously optimistic, as the UK Gambling Commission has issued a mild recommendation when it comes to the future of FOBT betting limits. Fixed-odds betting terminals – better known as FOBTs – are a controversial part of the UK gambling industry. Located […]
Gambling operator GVC Holdings has gained nearly unanimous support from shareholders to spend between $4.4 billion and $5.5 billion to acquire British sports book Ladbrokes Coral. The acquisition will make GVC not only a major player in the virtual betting space, but also one of the largest owners of brick-and-mortar […]
The number of states considering legalized sports betting continue to increase, with New York becoming the latest to see a bill regulating the practice appear in its legislature. The legislation, known as Senate Bill S7900, was introduced by New York State Sen. John Bonacic (R-Mount Hope). As in other states, […]
GVC Holdings has announced that it is purchasing Georgian online gambling firm Crystalbet as part of the company’s new strategy that will focus on regulated markets. GVC is buying a 51 percent stake now for €41 million ($50.9 million), which will give the company the controlling interest in Crystalbet. The […]
Major League Baseball Commissioner Rob Manfred’s late-inning rally to convince West Virginia’s Gov. Jim Justice to veto a sports betting bill that seems to be gaining traction in the state might strike out. Professional baseball’s head executive made his pitch Friday to lawmakers in Charleston through a conference call with local […]
The Stars Group may have found their way into the regulated Australian sports betting market by acquiring a majority interest in CrownBet, one of the largest bookmakers in Australia. The Stars Group announced that the Toronto-based company had paid $117.7 million to purchase a 62 percent equity stake in CrownBet […]
DraftKings has announced that they hired Sean Hurley as its new Head of Sportsbook, further signaling that the daily fantasy sports titan wants to be a part of any future legal sports betting in the United States. This is not the first sign that DraftKings wants to take advantage of […]
The Boston Bruins have traded for All-Star forward Rich Nash in an effort to solidify their roster before the Stanley Cup Playoffs. The Bruins acquired Nash in a multiplayer trade with the New York Rangers. In exchange for 33-year-old Nash, the Rangers will receive defenseman Ryan Lindgren, forwards Matt Beleskey […]
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