Gambling News
Ascend FS and SBC announce partnership ahead of Betting on Sports America
Ascend FS, the market leader in data-driven charitable fundraising solutions and sponsorship activation in the gaming sector, has been officially named a Supporting Partner for the largest sports betting trade conference in the United States – Betting on Sports America.
Caesars Jumps on News That Icahn is Pushing for Sale
Caesars Entertainment shares rose 6 percent on news that activist shareholder Carl Icahn is pushing the company to sell.
Will Legalizing Sports Gambling Hinder Your Sportsbook Business?
Do you think legalization will help or hinder your sportsbook business? Trust us, it’s going to help individual bookies. Find out why and how, and stay ahead of the legalization!
MGM CEO: New Wire Act Interpretation 'Unenforceable'
LAS VEGAS (AP) — The chairman and chief executive officer of casino operator MGM Resorts International on Wednesday decried a U.S. Department of Justice opinion that is threatening the viability of online gambling and also blamed the recent partial government shutdown for fewer Las Vegas visitors during the Chinese New Year.
Rhode Island One Step Closer to Offering Online Sports Betting Statewide
A bill to allow mobile wagering for sports betting in Rhode Island has passed the state Senate.
How Does a Pay Per Head Work?
A Pay Per Head business is one in which you pay X amount of dollars per customer per week to have another company run nearly every aspect of your bookmaking business.
Sports Betting Could Generate $20 Million Annually in Kentucky
Legal sports betting in Kentucky could be worth at least $20 million a year in new taxes, with most of it going to the state's struggling public pension systems, according to an analysis of a proposal in the House of Representatives.
Alabama Church Destroyed by Tornado Returns $25K Donation From Casino
An Alabama church damaged by a tornado is returning a $25,000 donation from a casino because it doesn't support gambling.
Advertisement Banning Trends in the European Union and the Balkans for Online Gambling
There has been a recent wave that has swept across the gambling industry and had the form of banning gambling related advertisement. This is the case in many European jurisdictions, but we are not excluding that this is a global wave. Media outlets have reported that such bans are scheduled to be included in Asia as well.
How Much Profit do Bookies Make?
Bookies are people that accept action on various sports, and most bookies have an average weekly hold percentage of around 5%.
Mobile Transactions in Online Gambling Skyrocket: So Too Does Cheating and Credit Card Fraud
Mobile transactions in the online gambling space has grown 95% over the last five years, and that trend continues as 2019 is now underway.
NASCAR Goes All in With Sports Betting
Brendan Gaughan is the son of a casino magnate and has long grasped the allure of throwing down a few bucks to wager on a sporting event.
WSOP 2019 Events Schedule Released
The World Series of Poker has released its 2019 schedule, marking its 50th anniversary.
MGM Resorts is MLB‘s official gaming partner after NBA, NHL
MGM Resorts International became Major League Baseball‘s official gambling partner in the U.S. and Japan, a deal made as the sport tries to ensure more prevalent legal sports betting does not lead to any scandals of the type sparked by illegal wagers in its past.
Florida a Long Shot to Offer Sports Betting ...But One Lawmaker Will Try
At least one lawmaker is going to try to get legislation passed that would allow sports betting and an expansion of gambling overall in the Sunshine State.
Canadian Gamblers, Others Still Can't Retrieve More Than $190 Million From QuadrigaCX
Crtyptocurrency exchange founder Gerald Cotten died of complications from Crohn's disease back in December and now some 115,000 clients are left unable to retrieve approximately $190 million in funds.
Indiana Considers Sports Betting in 2020
A shake-up of Indiana's gambling laws being debated could see two new casinos being built and allow legalizing sports betting to start as early as next year.
Horse Racing Shuts Down in UK Amidst Influenza Outbreak
Due to an equine influenza outbreak, any and all horse racing activity in the UK is temporarily suspended.
Rep Raskin Inquires About Adelson Role in New Wire Act Interpretation
During Friday's contentious House Judiciary Committee's oversight hearing with testimony from Acting Attorney General Matthew Whitaker.
Online Gambling Developer Accused of Swindling Investors Out of Millions
Federal regulators are accusing a Las Vegas online game developer of gambling away part of his investors’ money.
How Can Online Bookies Entice Players to Become NHL Bettors?
Think profits come to a grinding halt after the NFL Season? Think again! Check out 3 ways that online bookies can pivot action to hockey betting. Turn NFL bettors into NHL bettors.
Nevada's Largest Casinos Report $1.2B Loss in Fiscal 2018
Nevada's largest casinos lost $1.2 billion during the fiscal year that ended June 30 despite seeing record revenues, bringing to an end a two-year streak of posted profits.
Borgata to Track Down Phil Ivey
Atlantic City's Borgata Casino has been awarded the approval to go after poker pro Phil Ivey's assets in Las Vegas.
Only One Owner Profited From This Casino ....When it Was Closed
As a star-crossed Atlantic City casino changes hands yet again, only one owner has ever profited from it — the one who never had it open for even a day.
QuadrigaCX Founder Dies With Only Access to Exchange Password: Made Out Will Days Prior
The CEO and founder of Canadian cryptocurrency exchange QuadrigaCX wrote his will just 12 days prior to his death, but he neglected to disclose the crypto exchange password.
New Jersey, Pennsylvania Oppose Online Gambling Shift
The attorneys general of Pennsylvania and New Jersey have registered their objection to a Department of Justice legal opinion that could affect online gambling.
State of the Union Betting Odds - 2019
BetOnline has released odds on this year's State of the Union.
New Jersey Casinos Lose $4.6M on $34.9M in Super Bowl Bets
New Jersey gambling regulators say its sportsbooks lost $4.6 million on $34.9 million in Super Bowl wagers, the first major sporting event for bettors since sports gambling was legalized in the state last year.
US Sports Leagues Split on How to Monetize Sports Betting
America's major professional sports leagues are split on how to get a piece of the action from legal sports betting after failing to get early adopting states to cut them in.
Darren Rovell Super Bowl 53 'Insider Info' for Halftime Show?
Action Network's Darren Rovell tweeted late Sunday that he had access to the Super Bowl Halftime Show rehersals and..... kept the song sequence quiet from gamblers.
