A group of US lawmakers are making history by authoring the first federal bill aimed at tackling problem gambling as a wave of US States embrace regulated sports betting. If passed into law, the Gambling Addiction Recovery, Investment, and Treatment Act (GRIT) would utilize revenue from an already existing .25 percent federal tax on operator's…
Denise Coates is one of Britain's most successful citizens and generally regarded as the country's wealthiest woman. As CEO of Bet365 she earned a salary of £221 million ($281 million) and has a personal fortune that's estimated to be somewhere around £7 billion ($8.9 billion USD). While that's great news for Coates, and testament to…
NFL legend, and TV pitchman, Rob Gronkowski will be returning to the Super Bowl to take another stab at greatness on behalf of FanDuel. Gronk, as he's known, will be participating in the Kick of Destiny 2 live on air moments before the real kickoff from players who are actually playing in the game. The…
DraftKings is partnering up with NASCAR in the new North Carolina market. It's a deal that puts the operator in the driver's seat of promotions right in NASCAR's home base; and gives DraftKings a nice boost in an emerging market. Under the terms of the deal, which is still awaiting regulatory approval from North Carolina…
UK gaming reform, such as accepting electronic payments at casinos cannot happen soon enough according to Ranking Group Director of Public Affairs David Williams. Williams, addressing the UK gambling operators in a recent blog on the Betting and Gaming Council (BGC) website recently. In his blog, Casino Reforms are Needed More Than Ever, Williams praises…
Colorado's newest sports betting operator is not interested in finding a place in the standard sports betting market. Novig, a commission-free sports betting exchange, is looking to establish itself in the Colorado market as a traditional operator until sometime in the theoretical future when Colorado lawmakers OK sports betting exchanges in the state. It's a…
Californians are taking another stab at bringing regulated sports betting to the Golden State with two competing initiatives they’re hoping make the general ballot in November. Earlier this week the state’s Attorney General approved two proposals that will now move to the signature-gathering stage of the lawmaking process. If passed, the measures would allow federally…
The Formula One Las Vegas Grand Prix pushed Nevada gaming revenue to near record levels during November with gaming operators doing a stunning $1.4 billion in business for the month. It's the 33rd straight month that Nevada gaming has cracked the $1 billion mark, but the biggest boost from racing fans went to Strip casinos,…
William Hill is expanding its promotional portfolio to include its first ever sponsorship of the Boxing Day races at the Aintree racecourse. The UK-focused operator sponsored this year's races at the fabled track near Liverpool in an event that featured seven races, including the Grade 1 Formby Novices’ Hurdle (formerly the Tolworth Novices’ Hurdle). Though…
The 2023 college football season saw plenty of winners and losers; both on the field and in the marketplace. Between the hype of upstart teams like the University of Colorado Buffaloes and a surging interest in new sports betting products, there was plenty of hype for everyone. One major beneficiary of college football's big year…
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