American Gaming Association President and CEO Bill Miller is hitting hard against claims that regulated sports betting is responsible for an uptick in ad sales on this year's Olympic Games broadcasts on NBC. Miller said the argument presented in a Washington Post editorial titled, "Sports betting ads are out of control. For solutions, look overseas.",…
DraftKings CEO Jason Robins is fighting back against high tax rates on sports betting operators with the announcement of a new surcharge on winning wagers starting January 1, 2025. The new surcharge will only apply in states where the current tax rate is 20 percent or higher. Robins framed the new surcharge as a necessity…
Caesars Entertainment is selling the World Series of Poker (WSOP) to NSUS Inc., the operator of GGPoker, in a deal worth $500 million. While Caesars is selling off its WSOP assets, it's not giving up on poker's biggest event entirely and will continue hosting tournaments for the foreseeable future. GGPoker and Caesars have a long-standing…
Standard General is acquiring the Bally's Corporation in a deal worth $4.6 billion. The acquisition, which was completed this week, will see Bally's merging with The Queens Casino & Entertainment Inc. It's a blockbuster deal that turns Standard General into a major player in the US gaming market. This merger/acquisition has been in the works…
From a historical perspective, there's really no sport that's more closely aligned to the gaming industry than horse racing. That unique relationship is front and center in a recently released code of conduct from the British Horse Racing Authority (BHA) and The Racecourse Association (RCA) that's aimed at governing sponsorship agreements between racing stakeholders and…
Before regulated sports betting became the law of the land, everyone involved in US-facing sports betting had a vision of what life outside of the black market might look like. One of those visionaries was professional gambler Billy Walters. Now that sports betting is legal, Walters is opening up about how badly he thinks things…
The National Council on Problem Gambling (NCPG) is launching a new Tribal Advisory Council whose aim is fighting and preventing problem gambling in the Native American community. It's an effort that's not merely about helping problem gamblers and keeping younger generations from developing poor gambling habits, it's also an effort that's meant to show respect…
The rise of regulated sports betting in the United States is making a significant impact on the lives of Americans; both intended and unintended. One of the most significant impacts has been on professional and college athletes who are subject to some pretty serious harassment, and even death threats, from aggrieved gamblers who have wagered…
The iconic Mirage Hotel and Casino is shutting its doors for the last time this week after 34 years of operation. Las Vegas residents and tourists are packing the casino floor for one last look at the influential hotel-casino's ground-breaking interior and also for a chance at some last-minute jackpots. When the Mirage first opened…
Online sportsbooks are always pushing the boundaries when it comes to over-saturating their market marketing and advertising, espcially during sporting events. But some recent research conducted in England suggests that a majority of their customers think that it's all just a little too much. According to a recent survey conducted by the Football Supporters Association…
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