The State of Michigan is getting very serious about its efforts to fight problem gambling as regulated sports betting continues to make a large impact on American life. Earlier this week, state officials released the details of the FY2024-2025 budget which included roughly twice as many funds dedicated towards promoting responsible gambling while discouraging illegal…
Ohio Governor Mike DeWine and NCAA President Charlie Baker are calling on Ohio sportsbooks to self-regulate on one of the thorniest issues facing the US sports betting industry - individual player props. The pair is hoping that an operator ban on wagers based on the performance of a single 18-year-old will help the very ugly…
The NFL is bringing its biggest show to the gambling capital of America and NFL Commissioner Roger Goodell wants you to know that everything is fine. Speaking at a press conference in Las Vegas this week ahead of Super Bowl LVIII, Goodell addressed the challenges his league is facing as regulated sports betting. The chief…
Will Super Bowl LVIII be overrun with commercials for sportsbooks and casinos? NFL officials are promising that not only will the biggest of big games not be inundated with gambling ads, but that there will only be three of them during the entire broadcast. That's not a sign that gambling operators are shy about spending…
Another landmark Las Vegas hotel and casino is headed for a date with a wrecking ball this spring when the fabled Tropicana Las Vegas will be torn down to make way for the new Las Vegas A's baseball stadium. It's just the latest chapter in Sin City's effort to re-brand itself as Sportstown USA. The…
Former Resorts World CEO Scott Sibella pleaded guilty this week to charges of failing to report suspicious gambling activity at his company's casinos. The former executive is now facing a sentence of up to five years in a federal prison and a $250,000 fine. Despite his current circumstances, Sibella is optimistic that he'll return to…
PENN Entertainment is taking heavy criticism from one its biggest investors for "under performance" and alleged mismanagement. The barbs are coming from HG Vora, a hedge fund which oversees more than $7 billion worth of assets including a large portion of PENN. It's a tricky situation for PENN that could significantly alter the company's future…
After years of trying to get Missouri lawmakers to pass a bill legalizing sports betting, a coalition of the states professional sports teams is throwing its collective weight behind a different approach. The Kansas City Chiefs; Kansas City Current; Kansas City Royals; St. Louis Cardinals; St. Louis Blues; and St. Louis SC are all backing…
When NCAA President Charlie Baker took the stage at the NCAA Convention in Phoenix earlier this week he also addressed the 300-pound gorilla in the room, sports betting. Baker's State of College Sports address covered some very tough issues such as how to punish players who violate gambling rules and what to do about player…
Nevada gaming posted its best October revenue this year with an astounding $1.32 billion haul from the state's legion of casinos and sportsbooks. While the gaming industry benefited from a slew of events on the fabled Vegas Strip, casinos across the state had an extremely good month no matter where they were located. The official…
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