Business & Financial

Stones Gambling Hall Files Motion to Dismiss Tied to Cheating Scandal, Boyd Gaming Furloughs Without Pay

Stones Gambling Hall Files Motion to Dismiss Tied to Cheating Scandal, Boyd Gaming Furloughs Without Pay

“Casinos Do Not Owe a General Duty of Care to Gamblers".  So says Stones Gambling Hall in a Motion to Dismiss filing as it pertains to the scandal involving poker player Mike Postel's alleged cheating.  Some have accused employees of Stones to be in on the scheme.

Submitted by Aaron Goldstein on, Apr/09/2020

US Casino Workers: Pay Us Through Pandemic

US Casino Workers: Pay Us Through Pandemic

Casino workers across the country are calling on the gambling industry to pay its laid-off workers their full salary and benefits for the duration of coronavirus shutdowns.

Submitted by Associated Press on, Apr/09/2020

MGM Promises Support of Employees During Furlough, Vegas Casino Closures Extended

MGM Promises Support of Employees During Furlough, Vegas Casino Closures Extended

During this unprecedented time during the coronavirus pandemic, MGM Resorts International has announced its commitment to employees, most of whom are currently furloughed as casino properties remained closed.

Submitted by Aaron Goldstein on, Apr/08/2020

Leading CEOs to Shape Post-Pandemic Future for Betting Industry at SBC Digital Summit

Leading CEOs to Shape Post-Pandemic Future for Betting Industry at SBC Digital Summit

The opening day of the SBC Digital Summit will see many of the industry’s highest-profile CEOs share their vision of how sports betting operators can survive the downturn caused by the COVID-19 pandemic and bounce back stronger than ever.

Submitted by Press Release on, Apr/08/2020

eSports Betting Gets Boost During Covid-19

eSports Betting Gets Boost During Covid-19

eSports betting is filling the void as most sports are taking a vacation with the current coronavirus pandemic having a stranglehold on much of the world right now.

Submitted by Aaron Goldstein on, Apr/07/2020

What Are the Odds of Your Sportsbook or PPH Shop Staying in Business?

What Are the Odds of Your Sportsbook or PPH Shop Staying in Business?

Everyone knew that the coronavirus would be bad. Yet, even the darkest forecast could not predict just how bad the whole situation has become. The sports betting industry has basically ground to a halt with every major sports betting event off the board. Even the most successful sports betting operations are feeling the pain in a situation that could get even worse before it starts to get better.

Submitted by C Costigan on, Apr/07/2020

Give Your Sportsbook a Big Casino Boost With Price Per Head

Give Your Sportsbook a Big Casino Boost With Price Per Head

With sports betting on pause for a few weeks or even months, depending on how well things evolve in this coronavirus crisis, sportsbooks from all over the world have turned their focus and efforts to the next obvious product in stock, the casino.

Submitted by C Costigan on, Apr/07/2020

Crackdown on Noncompliant Online Gambling Affiliates, Betway Boots UK Affiliates

Crackdown on Noncompliants Online Gambling Affiliates

Marketing compliance expert Rightlander released a new ‘Fast Track’ incentive monitoring study following the Spanish government's order to restrict the promotion of games of chance and online gaming on all advertisement chains.  The country took this action as all of its citizens are required to remain indoors during the current coronavirus pandemic.

Submitted by Aaron Goldstein on, Apr/07/2020

Litecoin Leads Way With Crypto Surge

Bitcoin and other cryptocurrencies continue to be on the rise in recent days, lead by none other than Litecoin.

Submitted by Aaron Goldstein on, Apr/07/2020

Gambling and Sports Betting News April 6, 2020: NJ Casinos Losing $540 Mil a Day, Tribal Casinos Could Go Under

Atlantic City is virtually a wasteland that is costing the state $540 million in casino-related revenues every month while they remain locked down amid the deadly pandemic while a number of Tribal casinos are not likely to survive an extended shutdown beyond June.

Submitted by C Costigan on, Apr/06/2020

Ver: COVID-19 Lockdowns Will Kill More Than Disease Itself

Ver: COVID-19 Lockdowns Will Kill More Than Disease Itself

Referred to as "Bitcoin Jesus," one of Bitcoin's earliest investors, Roger Ver, is among those in the camp that believes stringent home lockdowns to combat the Covid-19 pandemic will cause more harm than good.

Submitted by Aaron Goldstein on, Apr/06/2020

Morehead: "Bitcoin Born in a Financial Crisis, It Will Come of Age in This One"

Morehead: "Bitcoin Born in a Financial Crisis,  It Will Come of Age in This One"

CEO of Pantera Capital, the first investment firm in the US to launch digital currency, pre-auction ICO, and blockchain-enabled venture funds, noted Monday that Bitcoin is up 1% on the year as of Monday while pointing to other financials including commodities and the S&P 500, all down by 15% or more.

Submitted by Aaron Goldstein on, Apr/06/2020

Gambling and Sports Betting News April 4, 2020: TVG Horse Racing Network Seizing the Moment Amidst Pandemic

A handful of U.S. tracks have soldiered on through the pandemic, closing their gates to fans and running strictly for a TV and simulcast audience. TVG is providing a bit of balm for two bereft populations — people who watch sports, and people who bet on them — by continuing to show races on its cable channel and offering wagering via its website. Fox’s FS1 and FS2 networks also are airing some live horse racing.

Submitted by C Costigan on, Apr/04/2020

Generate a Great Profit for Your Bookie Biz

Generate a Great Profit for Your Bookie Biz

Bookies, you must be generating a profit per head and we want to show you the best way to do so. You are in this business to earn a fantastic income and there is no reason you shouldn’t be doing exactly that. Now is the perfect time to start earning profits where you may not realize you can earn them.

Submitted by C Costigan on, Apr/03/2020

MGM Springfield Taken For $30k By Brazen Cheat

MGM Springfield Taken For $30k By Brazen Cheat

The MGM hotel and casino in Springfield, Massachusetts is suing an individual for allegedly engaging in one of the oldest cheats in the books.

Submitted by Ace King on, Apr/03/2020

Bitcoin Gambling News: Bitcoin Shoots Past $7K Mark as Investors Search for Stability

Here you will find all the latest news pertaining to Bitcoin and the world of online gambling.

Submitted by C Costigan on, Apr/03/2020

Becoming a Bookie During the Coronavirus Pandemic

Becoming a Bookie During the Coronavirus Pandemic

With millions of people out of work and the anticipated slowdown in some sectors that will follow the coronavirus pandemic, opportunities are still plentiful for independent contractors and those with business smarts.  There may never be a greater time to become a bookie

Submitted by Aaron Goldstein on, Apr/02/2020

G2E Asia Planning to Move Forward with July Dates for 2020 Trade Show

G2E Asia Planning to Move Forward with July Dates for 2020 Trade Show

G2E Asia 2020 plans to go ahead with its already postponed July 28-30 conference in the wake of the COVID-19 pandemic.

Submitted by Aaron Goldstein on, Apr/01/2020

Financial Markets Betting - April 1, 2020

Financial Markets Betting - April 1, 2020

Bookmaker.eu is currently offering odds on the financial market, specifically the OVER/UNDER on the Dow for April 1, 2020.  Today's number was set at 21250 -101

Submitted by Aaron Goldstein on, Apr/01/2020

Gambling and Sports Betting News April 1, 2020: SBTech Cyberattack Shuts Down Sportsbooks, Casino

A cyber attach on SBTech has shut down online sportsbooks across the USA that rely on the betting platform.  This includes all wagering in the state of Oregon.  Not that there is much to bet on with most sports on hiatus as a coronavirus pandemic grips the world.

Submitted by C Costigan on, Apr/01/2020

Common Bookmaking Mistakes You Need to Avoid

Common Bookmaking Mistakes You Need to Avoid

While bookmakers can make great money if they're smart, they can also end up losing everything if they're not. Bookmaking requires you to be on your toes, discreet, and a good judge of character.

Submitted by C Costigan on, Mar/31/2020

Gambling and Sports Betting News March 30, 2020: Asia Casinos Predict Up to 80% Visitor Drop First Half of 2020

Here are today's headlines in the world of gambling and sports betting as they happen - Monday March 30, 2020.

Submitted by Aaron Goldstein on, Mar/30/2020

CEOs to Share Post-COVID-19 Vision at Industry’s Biggest Online Conference

CEOs to Share Post-COVID-19 Vision at Industry’s Biggest Online Conference

SBC Events is launching the SBC Digital Summit - the biggest ever online conference in the betting & gaming industry as it comes to terms with the deep impact of the coronavirus pandemic.

Submitted by Press Release on, Mar/26/2020

William Hill Lays Off Half Its Workforce

William Hill Lays Off Half Its Workforce

William Hill has laid off more than half of its 1000 plus US workforce in the midst of the coronavirus pandemic.  The changes are intended to be temporary with Hill expecting to bring back most of the employees once sports resume.

Submitted by Aaron Goldstein on, Mar/25/2020

Gambling and Sports Betting News March 24, 2020: Sports Betting Expansion in US on Hold

Here are today's headlines in the world of gambling and sports betting as they happen - Tuesday March 24, 2020.

Submitted by C Costigan on, Mar/24/2020

Gambling and Sports Betting News March 23, 2020: Bet365 Sets Up Multi-Million Package for Employees

Here are today's headlines in the world of gambling and sports betting as they happen - Monday March 23, 2020.

Submitted by Aaron Goldstein on, Mar/23/2020

BetOnline Coronavirus Bonus Adds 20 Percent to Current Balance

BetOnline is offering a generous bonus during the current coronavirus pandemic.

Submitted by C Costigan on, Mar/22/2020

Las Vegas Mayor and Nevada Governor Spar Over Casino Closures Amid Coronavirus Outbreak

Las Vegas Mayor and Nevada Governor Spar Over Casino Closures Amid Coronavirus Outbreak

While Nevada’s governor joined other U.S. officials invoking extraordinary measures to reduce the spread of the coronavirus, the mayor of Las Vegas is pushing back against a shutdown of the casinos that power the city and the state economy.

Submitted by Associated Press on, Mar/21/2020

Online Casinos Hit the Jackpot During the Coronavirus Pandemic

Online Casinos Hit the Jackpot During the Coronavirus Pandemic

Sure sports will return in a few weeks and folks will be placing bets once again.  In fact, assuming the coronavirus pandemic gets under control, this summer could see some of the most sports betting volume in years.  For now, it's all about the online casinos.

Submitted by Gilbert Horowitz on, Mar/20/2020

Seminole Casinos in Florida to Close Today

Seminole Casinos in Florida to Close Today

With a primary focus on the health and safety of guests, team members and the public, the Seminole Tribe of Florida and Seminole Gaming have voluntarily decided to temporarily close all Seminole and Hard Rock Casinos throughout Florida today.

Submitted by Press Release on, Mar/20/2020

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