Colorado's sports betting operators are experiencing the full highs and lows of an extremely cyclical market. According to numbers released recently by the Colorado Department of Revenue, February's sports betting revenue was down significantly compared with last month and last year. But with red-hot professional basketball and hockey teams headed for post-season play, those same…
A Blackhawk, Colorado casino cashier quietly pulled off the largest casino heist in state history by simply throwing bundles of cash in a box and walking out the door. Sabrina Eddy, 44 is accused of pilfering $500,000 of the Monarch Casino's money during her shift on March 12 and dropping the cash into her gold…
Nevada's statewide gaming revenue for February 2023 clocked in $1.24 billion. That's up 11 percent some February 2022 but, more importantly, it marks two straight years in which the state's gaming revenue has topped the $1 billion mark. The Silver State's casinos are absolutely on fire, and show no signs of slowing down anytime soon.…
It took a few tries, but Kentucky is now the 38th US State to legalize sports betting. This comes after Bluegrass State Senators approved HB 551 on a narrow 25-12 vote. Once the bill is signed by Kentucky Governor Andy Beshear (D), Kentuckyians will be legally wagering on sporting events as soon as the 28th…
The University of Colorado is ending its controversial relationship with PointsBet in the wake of a new American Gaming Association (AGA) code that bans sportsbooks from partnering with colleges and universities. CU's break with PointsBet is particularly significant as it was the first US university to enter into a sponsorship deal with a sports betting…
The American Gaming Association (AGA) has updated its Responsible Marketing Code for Sports Wagering to include bans on risk-free bets and most partnerships with universities and colleges. The changes come as US sportsbooks come under increasing pressure from state lawmakers to ban the controversial marketing techniques anyways. Under the terms of the new code, operators…
William Hill was hit with a record £19.2 million ($23.6 million USD) fine from the British Gambling Commission (BGC) for anti-money laundering (AML) and social responsibility failings that were described by regulators as "widespread." The fine was spread across three William Hill-operated brands including £12.5 million ($15.3 million) for williamhill.com; £3.7 million ($4.5 million uSD)…
Social media influencer and Betr sportsbook co-founder Jake Paul recently got some unwanted attention from the Securities and Exchange Commission (SEC) and moved quickly to make sure the regulator wasn't on his back for too long. Paul was one of several celebrities who settled with the SEC for their roles in promoting various cryptocurrencies, without…
British gaming regulators hit Kindred Group brands 32Red and Platinum Gaming with a combined £7.1 million ($8.8 million USD) fine for various social responsibility and anti-money laundering (AML) compliance issues. The fines show that the Commission is still very much on the job while it waits for the long-promised gambling reform white paper, that's been…
GambleAware is taking a closer look at how its products impact members of the country's various minority groups as part of its ongoing efforts to curb problem gambling. They recently published the results of some new research on the subject and the findings are disturbing. Britain's minority groups suffer from problem gambling rates that are…
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