British billionaire Richard Branson is purchasing the Hard Rock Hotel and casino in Las Vegas for an undisclosed amount of money. The purchase, which was finalized last week, represents the culmination of Branson's long-held wish to own a Las Vegas casino. Branson, who is known as an offbeat and eccentric billionaire, is planning to rebrand…
Daily fantasy sports (DFS) giant, DraftKings is looking to partner up with an Atlantic City casino in hopes of making a splash in the (potentially) forthcoming regulated US sports betting market. It's a move that could open DFS to massive, new markets, but is also at odds with the DFS industry's stance that their product…
Kansas lawmakers are introducing a sports betting bill that lays out who will run the new market and also includes the controversial "integrity fees" demanded by the professional sports leagues. It's an interesting take on the emerging market that could be seen in statehouses across the United States. SB 455 was introduced last week in…
Lottery officials in the state of West Virginia are telling state lawmakers that they could have regulated sports betting in place within 90 days of a favorable ruling from the US Supreme Court. Their eagerness to introduce sports books to the state's five casinos is in indication of how desperately many state governments are to…
When Donald Trump's personal valet, John McEntee, 27, was fired for security issues last week, those issues included a regular online gambling habit. That, among other things, was enough to earn him a Secret Service escort out of the White House that didn't even include a stop at his former office to grab his jacket.…
The American Gaming Association (AGA) is welcoming six new members to its roster, including three big name operators who are relatively new to the US market. The new board-level member organizations are, MM Testlabs, Choctaw Casinos and Resorts, Golden Entertainment, GVC Holdings PLC, Paddy Power Betfair and The Stars Group (parent company of PokerStars). These…
New Jersey's once flailing online casinos have booked yet another record month for online gambling revenue. The feat is all the more impressive given the fact that with only 28 days, February is the shortest month of the year. Despite the lack of days, February produced nearly $22 million worth of revenue for Garden State…
As the decision by the US Supreme Court on legal sports betting nears, lawmakers in states like New York are figuring out exactly how their new markets will be in regulated. Earlier this week in New York, State Senator John Bonacic introduced a bill that spells out exactly how the state will deal with the…
The West Virginia State Senate approved a bill that would allow gambling operators throughout the state to offer sports betting, should it become later this year. West Virginia is one of growing number of states that are betting that the Supreme Court will overturn the Professional and Amateur Sports Protection Act (PASPA) of 1992 and…
New Jersey's surging online gambling industry got 2018 off to a very positive start by posting record revenue for the first month of the year. In fact, Garden State operators went one better by making the month the best single month since New Jersey introduced regulated online gambling back in 2012. All told, New Jersey…
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