Five current and former Iowa State football players have plead guilty to charges of underage gambling in a case that highlights the dangers of regulated sports betting and college-aged males. The five young were part of a betting scandal involving underage players betting on their own teams, sometimes from team facilities, that shook the college…
When ESPN announced that it was going to launch its own sportsbook, ESPN BET, it was almost a certainty that there would be a ripple effect on the organization. That ripple effect has, indeed, started with the recent announcement that ESPN's flagship sports betting show is moving from Caesars Palace in Las Vegas, back to…
The US gaming industry is experiencing a three-year run of "unprecedented" growth that does not seem to be in danger of slowing down anytime soon. That's the good news from the American Gaming Association's (AGA) Commercial Gaming Revenue Tracker. According to the AGA, the US commercial gaming industry pulled in $16.07 billion over the course…
Gambling.com Group, CEO Charles Gillespie is very happy to have ESPN as a competitor in the red hot US sports betting market, and he also sees a bright future for casino affiliates. Those are just a couple of the nuggets regarding the general state of online gambling in the United States that Gillespie dropped during…
The normally placid state of Iowa has become ground zero for an ever-expanding sports betting scandal that's drawn in more than 26 athletes from 5 different sports. As the scandal unfolds, Iowa football coach Kirk Ferentz has weighed on the subject with some strong words for players who bet on their own teams, as well…
WynnBet announced late last week that the shuttering of its regulated sports betting operations in eight of its 12 US markets. The company is also considering shutting down WynnBet in two other states due to intense market competition and sky-high marketing costs. WynnBet is only the latest big name sportsbook to go down in flames…
Penn Entertainment CEO Jay Snowden sees a very bright future for his company's recently announced sportsbook venture with the sports broadcasting giant ESPN. During an earning call with investors earlier this week, the executive touted the deal, saying that it would ultimately capture at least 20 percent of the regulated US sports betting market. It's…
Penn Entertainment made a big move this week signing a $1.5 billion deal with ESPN and dumping its relationship with Barstool Sports entirely. It's a move that brings a major media player to the regulated US sports betting market, while sending another media player to the bench; probably forever. Penn's big move has two parts,…
NFL officials have responded to a recent query from Nevada Rep. Diane Titus about league gambling policies with a call for Congress to crack down on black market betting sites. Titus wrote a letter to the NFL back in June as part of an inquiry into the growing number of gambling-related player suspensions, but must…
The Iowa State University football program's recent betting scandal, and subsequent criminal charges, is proving to be an another example of the dangers and challenges of regulated sports betting in the United States. Earlier this week, ISU quarterback Hunter Dekkers and three others were charged with a number of gambling-related offenses including tampering with evidence…
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