Gambling Companies
Gambling Companies, Gambling Stocks
Atlantic City Casinos Just Made 3x More Money Than They Did in First Quarter of 2020
The Atlantic City casinos’ gross operating profit soared in the first quarter of this year to more than $95 million, more than three times the amount they earned in the first quarter of 2020, when the COVID-19 shutdown wiped out half of March.
Sports Betting Beat - May 25, 2021
FanDuel's IPO quest looks challenging as parent company seeks to leave Fox Bet out of deal, Canadian PM estimates sports betting measure has until end of June to be approved or it will likely die. Plus fantasy players in Connecticut to get the shaft this summer.
Sports Betting Beat - May 23, 2021
BetMGM pays out nearly $300,000 to ESPN host on NFL Draft prop it was revealed this week. In-house live betting at BetAnySports may not be returning, one gambler reports.
$4.3B Casino Soon to Show its Hand
The Malaysia-based owner of one of the biggest casino projects ever on the Las Vegas Strip won regulatory approval last week to deal cards, roll dice and welcome gamblers when Resorts World Las Vegas opens June 24.
Sports Betting Beat - May 22, 2021
Washington State Republicans worry over sports betting beyond the Tribal casinos while Nebraska sends a mostly toothless bill to the Governor's desk for signing. No mobile and no Huskers! And guess who's back in business.
Connecticut House Approves Sports Betting Deal With Mashantucket Pequot, Mohegan Tribes
The state House of Representatives approved a long-awaited gambling agreement Thursday that Connecticut Gov. Ned Lamont reached in March with the state’s two federally recognized Native American tribes, moving the state closer to legalizing sports and online gambling.
Sports Betting Beat - May 21, 2021
Connecticut House of Representatives voted Thursday night to allow for the biggest expansion of gambling in state history by approving online sports betting and Internet casinos, though fantasy sites will get the boot for now. Plus the Jets and Ravens ink deal with Sports Radar.
Sports Betting Beat - May 20, 2021
BetAnySports maintenance issues ongoing for two weeks, Draftkings partners with 23XI Racing and Bubba Watson, LeoVegas enters sports betting arena and Louisiana Senate passes sports betting bill. Plus South Dakota's Deadwood amended sports betting rules being sent to the state Legislature’s Interim Rules Review Committee for approval with wagering anticipated in the city beginning July 1.
Am I Able to Bet on Sports From the State of Florida?
While lawmakers in Florida approved a new gambling compact that allows sports betting, the measure is likely to face legal and other obstacles, at least where it pertains to mobile sports wagering.
Baltimore Ravens Name BetMGM as First Official Gaming Partner
The Baltimore Ravens and BetMGM, a leading sports betting and digital gaming company, announced today a multi-year partnership with BetMGM becoming the Ravens’ first Official Gaming Partner. The parties will collaborate to create cobranded promotions for Ravens fans. BetMGM branded signage will be present throughout M&T Bank Stadium, digital media, and integrated social media content.
900 New Jobs Coming to Atlanta With FanDuel Setting Up Office
Georgia lawmakers may have shot down efforts to legalize sports betting in the Peachtree State, but that won't stop FanDuel from setting up shop there.
Sports Betting Beat: Pros and Cons of Expanded Gambling in Florida
Lawmakers in the state of Florida are pushing for gambling expansion while the powerful Seminoles look to boost their dominance with legalized sports betting in the state.
Internet Gambling Still Strong in NJ Even With Casinos Open
Internet gambling continued its strong performance in New Jersey in April, even with Atlantic City’s nine casinos open for business again, and patrons returning to try their luck in person.
What The Hell Is Going On With Draftkings Stock Price?
Plus another tribe enters into agreement with Washington State to offer sports betting at its casinos.
Stratosphere Casino Goes to 100 Percent Capacity
The Las Vegas casino long known as the Stratosphere announced Monday it has lifted most coronavirus pandemic restrictions and moved to 100% capacity on its casino floor after meeting Nevada Gaming Control Board requirements.
Borgata Drops Trade Secrets Lawsuit Against Ocean Casino
Atlantic City’s top casino has dropped its lawsuit against a rival it accused of poaching key executives and attempting to steal valuable trade secrets.
Gambling Company Stocks Tanking, Calls for Ban on Team Sponsorship Deals
Investors appear concerned over Penn National's “free” customer acquisition through the Barstool brand, and DraftKings spend to acquire its customers.
Sports Betting Set For Explosive Growth in 2021: CEOs Share Outlook
Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: MGM Resorts International (NYSE: MGM), FansUnite (OTC: FUNFF) (CSE: FANS), fuboTV (NYSE: FUBO), and DraftKings (NASDAQ: DKNG).
Gambling Crime Beat: Human Trafficking Ring Uncovered During Gambling Raid
Plus a Maltese gambling company has been found to be involved in a €600m Mafia tax evasion scam.
The Gambling Beat: Action Network Bought by Better Collective for $240 Mil
Plus Mattress Mack loses $2.4 million on Essential Quality in this past weekend's Kentucky Derby while NBC political journalist Steve Kornaki was the only prognosticator from that network to correctly pick Medina Spirit.
Hard Rock Hotel & Casino Atlantic City Announces $20 Million Capital Investment Commitment
Atlantic City, N.J. (May 3, 2021) – Hard Rock Hotel & Casino Atlantic City announced today the resort will reinvest a minimum of $20 million in capital improvements including suite renovations, the opening of a new Starbucks, additional slots and table games, a new dining outlet and a refresh of beachfront amenities.
Get a Racebook for Your Sportsbook
Some racebooks accept wagers on horses, in the money, and across the board. The following are the six top racebooks today.
What Should You Expect for 2021: Top Eight Sports Betting Apps
Many bookmakers have developed betting apps to allow punters to bet from anywhere. In this article, we will discuss the eight top sports betting apps in 2021.
Ifrah Law: Content Regulation for Gaming Ads and Marketing in Canada?
The Alcohol and Gaming Commission of Ontario recently published its Draft Registrar’s Standards for Internet Gaming (“Draft Standards”), and in it contains language that suggests affiliates and content providers could be subject to the same stringent transparency regulations typically reserved only for operators.
Sports Betting Beat: Horse Racing Won't Be Allowed on NY Sports Wagering Sites
Plus Nevada Sports Betting Takes US Market To $50 Billion In Bets
From Gaming to Bitcoin | Calvin Ayre | Hashing It Out | Ep. 1
Long time friends of the Gambling911.com website, Rebbeca Liggero sits down with Calvin Ayre to dicuss Ayre's journey with Bitcoin and how it ties back to the gambling industry.
UK Firm Super Group Entering US Sports, Online Casino Market
Super Group, a British company that owns a sports betting and an online casino company, is seeking to enter the fast-growing U.S. market.
Can I Bet At TwinSpires.com From My State?
Over these next few days you will be seeing plenty of advertisements for TwinSpires.com, a US-based online horse racing site owned by Churchill Downs, which just happens to be where the Kentucky Derby is run each year.
What Are Alternative Betting Sites to TwinSpires in Texas?
You will see many advertisements for TwinSpires ahead of this year's Kentucky Derby race but if you live in Texas, you'll need to find an alternative.
Chicago Issues Request for Proposals for City's First Casino Resort
Today, the City of Chicago officially issued a Request for Proposal (RFP) for the opportunity to apply for the sole casino license in the country’s third-largest metropolitan market. The selected partner will be able to propose its optimal site for the project, pending the approval by the City. Chicago aims to welcome the new casino-resort by 2025.
