Ippei Mizuhara will be spending the better part of the next five years in federal prison system for stealing $17 million from Los Angeles Dodgers superstar Shohei Ohtani. Mizuhara used the pilfered funds to pay off debts accrued during some eye-popping gambling sprees. Earlier this week, U.S. District Judge John W. Holcomb issued Mizhuara a…
Imagine a world where you board a transcontinental flight and burn the hours in the air honing your basic strategy blackjack skills, or pull endlessly on the virtual arm of an electronic slot machine. That scenario is about to come to life in the skies above the United States thanks to a new agreement between…
Anyone planning to bet on the outcome of Super Bowl LIX using the Robinhood financial services app is going to have to change their plans. The investment app's ambitious plans to offer wagers on the Big Game in the form of events trading contracts has been put on hold by the U.S. Commodity Futures Trading…
Is the event contract market getting ready to hit mainstream America? That may well be the case in the wake of a recent announcement of a deal between Robinhood, the online brokerage firm, and Kalshi, a major player in the events contract market, to partner on trades surrounding the outcome of Super Bowl LIX. It's…
Does regulated igaming cannibalize customers who would normally be frequenting land-based casinos? Is the mere threat of regulated igaming in an emerging gaming market enough to halt construction plans for land-based casinos entirely? These kinds of nuts-and-bolts and questions were very much on the mind Las Vegas Sands CEO Rob Goldstein during a recent quarterly…
Federal investigators are looking into allegations of unusual betting patterns surrounding the play of Terry Rozier in 2023. Rozier, who is currently playing for the Miami Heat, was playing with the Charlotte Hornets at the time the games under investigation were played. News of the investigation was first reported earlier this week by the Wall…
Daily fantasy sports (DFS) operator Underdog is boosting its content portfolio in a major way with a multi-year deal with Gil's Arena, a popular digital sports broadcast. It's a deal that locks in the entire cast of the fifth largest daily sports broadcast in the country, according to Underdog. Under the terms of the deal,…
If you were hoping to see a significant expansion of California gaming anytime soon, you're very likely to be disappointed. That was the message from representatives of the Golden State's powerful Tribal gaming interests at a panel discussion titled State of Gambling in California: Current Trends and Future Prospects that took place at the ICE…
ESPN and the PGA are teaming up to bring live betting to a whole new level on the world's biggest sports media channel. Earlier this week PENN Entertainment, the operator of ESPN Bet, announced a new partnership with the PGA that will have ESPN+ hosting a live betting stream of the PGA TOUR LIVE. The…
Are online advertisements for sportsbooks and casinos heading for the dustbin of history? They will surely be a thing of the past if a New Jersey lawmaker has his way. Late last week New Jersey Assemblyman Brian Bergen introduced Assembly Bill A5207, which would ban all forms of online advertising for sportsbooks, online casinos and…
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