It seems like a pretty safe bet that when President Trump banned a group of Chinese payment apps recently he didn't think much about the impact it would have on US gambling operators. After all, isn't that why big time casino magnates like Sheldon Adelson and Steve Wynn poured hundreds of millions of dollars into…
Regulated vices, such as sports betting and marijuana, are the kinds of issues that politicians like New York Governor Mario Cuomo tend to steer away from during flush economic times. After all, when people are packing restaurants and shopping malls, purchasing consumer goods of all kinds, there's no need to muck around with controversial issues…
5Dimes, the iconic outlaw sportsbook, has negotiated a settlement with the US Department of Justice that includes the forfeiture of funds, the admission of wrongdoing, and a possible entry into the regulated US sports betting market. It's a major move that could significantly alter the landscape of sports betting in the United States. According to…
BetMGM has an interesting, and very smart, take on the burgeoning US sports betting market. Since regulated action is so new, the field is wide open and operators are tripping over each other to grab a piece of the action. That's why BetMGM is in a good position to call itself, "The King of Sportsbooks",…
It's hard to believe that there was a time when the idea of regulated sports betting in the United States seemed about as likely as reality-TV star becoming President, or the whole world shutting down to help mitigate an out-of-control virus, but here we are. Just two years after the Supreme Court put the decision…
When lawmakers were debating the viability of regulated sports betting in the United States, the one thing everyone agreed on was that demand would be strong. In Colorado, where sports betting has been legal for exactly two months, players are proving that demand is strong even if the offerings are really outside-of-the-box. To wit, professional…
BetMGM is entering a multi-year deal with the Denver Broncos football team to act as its official sports betting partner. It's a move that shows how far the relationship between sports betting operators and the league that once feared regulated wagering, has come over the past few years. The new partnership allows BetMGM a wide…
Remember back in the old days when most Americans thought gambling was a bit immoral and seedy? Well, those days are gone forever according to a recent Gallup Poll. The survey takers chatted with Americans recently and found that 71 percent of them thought gambling was "morally acceptable." That's the highest percentage of Americans holding…
Golf wagering is proving to be an unexpected big hit for DraftKings, the American sportsbook that seems dead set on dominating the emerging regulated US sports betting market. But with no other options for wagering, maybe golf's sudden success speaks more to being the only game in town than a part of a regular wagering…
Are social gaming sites offering games of skill or games of chance? That's a question that remains unanswered as Aristocrat, the Australian owner of social casino giant Big Fish Games reached an out-of-court settlement with plaintiffs in Washington State, rather than gambling with the the outcome of a jury trial on the matter. Aristocrat's troubles…
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