Caesars Entertainment has completed its blockbuster William Hill acquisition after months of negotiations and legal wrangling. The $3.7 billion (USD) deal will see Caesars taking over William Hill's sports betting operations in the United States and puts the company in a position to dominate the rapidly growing regulated US sports betting market. The deal was…
Unregulated gambling devices are a threat both to consumers and critical state tax revenues. That's the main takeaway from a recent report by the American Gaming Association (AGA) titled, Skilled at Deception: How Unregulated Gaming Machines Endanger Consumers and Dilute Investments in Local Economies. Though the title is a mouthful, the white paper is blunt…
Arizona Governor Doug Ducey made the Grand Canyon State the latest US State to legalize regulated sports betting. It's a big move for the state that wouldn't have been possible without major support from, and concessions to, Arizona tribal gaming interests. House Bill 2772 is a bit different from the wave of sports betting bills…
The National Football League (NFL) is partnering with Caesars Entertainment, DraftKings and FanDuel as their official sports betting partners in a deal that will be very valuable to everyone involved. It's also a deal that highlights the supreme hypocrisy of the league that worked tirelessly for decades to prevent regulated sports betting from existing anywhere…
The casinos of Atlantic City have struggling for decades. Between increased competition from neighboring states and the city's not-so-great reputation, creating revenue has always been hard on the shores of AC. But the coronavirus pandemic, and its accompanying shutdowns, have created a whole new brand of business hell for land-based casino gaming in New Jersey.…
The rise of regulated sports betting in the United States has players from all walks of life diving into the world of wagering for the first time. That's great news for regulated operators, but it could be harboring a significant rise in problem gambling, especially among young people. That seems to be the major finding…
The United States is still, for the most part, virgin territory when it comes to regulated sports betting. During this time of intensive growth,regulated operators are harvesting new customers from wherever they can find them, but they're especially keen on partnering with established sports leagues to benefit from pre-existing customer bases. DraftKings, the US sports…
Action 24/7 made US sports betting history last week when it had its license to operate in Tennessee suspended and reinstated over the course of about 24 hours. The operator, which only holds one gambling operator's license, was the first US operator to have its license suspended for any reason, though that a judge granted…
While some elements of the gambling industry have been shielded from the devastating impact of the worldwide coronavirus pandemic, Nevada's iconic casino business has been uniquely prone. After all, Nevada has a tiny local population and relies heavily on out-of-town guests to gamble, drink, and generate cash. That vulnerability was on glaring display as Nevada's…
Regulated sports betting is turning into a huge business in the United States as it creeps into gambling markets big and small. While some markets, like New Jersey, can expect to see handles approaching $1 billion from time to time, others won't be anywhere near that robust. One of those smaller markets is South Dakota.…
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