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Atlantic City Casinos Suffer Through Very Rough Month of May

Regulated sports betting cannot come soon enough for the casinos in Atlantic City, New Jersey. For the month of May 2018, the boardwalk casinos reported that revenue was down a full five percent of the previous year. In fact, if it weren't for internet gambling, Atlantic City would have almost no good new in its…

New Jersey Lawmaker Calls Out 'Integrity Fee' Nonsense

New Jersey Assemblyman Ralph Caputo has an excellent, one-word description for the professional sports leagues' demand for an "integrity fee" from states offering regulated sports betting, "disgraceful." And with that, Caputo is calling out the leagues for their seemingly hypocritical stance of fighting against regulated sports betting tooth and nail, but demanding a piece of…

DraftKings Signs Sports Betting Deal with Atlantic City Casino

Daily fantasy sports operator DraftKings is entering into a deal with Atlantic City's Resort Casino to being developing a DraftKings-branded sportsbook at the property. The deal is the culmination of New Jersey's desire to reinvigorate Atlantic City casinos and carves out new territory for the long-struggling, but newly resurgent, DFS operator. As part of the…

Delaware Honor: First State to Offer Regulated Sports Betting in New Era

Sorry New Jersey, but tiny Delaware has won the race to be the first state to offer regulated sports betting since the US Supreme Court left that decision in the hands of the states. Starting next week, residents of and visitors to, Delaware will have the opportunity to engage in legal sports betting of all…

Sports Betting & Tribal Gaming: Connecticut Works On a Solution

When the US Supreme Court put the decision to legalize sports betting in the hands of the States, it opened a Pandora's Box of legal and political challenges. States must now figure out everything from how to appease professional sports leagues to how tribal gaming interests fit into the picture. That's the issue they're currently…

Paddy Power Betfair Looking at Possible FanDuel Acquisition

Officials from Paddy Power Betfair are in negotiations to possibly acquire the US daily fantasy sports site FanDuel. It's the first major, potential, acquisition of a US sports wagering firm since the US Supreme Court green-lighted regulated sports betting at the state level earlier this week. And, in the eyes of gaming industry watchers, it's…

New Jersey, Nevada and Delaware Ready to Share Online Poker Liquidity May 1

The US online poker market is hoping for a big boost on May 1 when the state of New Jersey begins sharing liquidity with Nevada and Delaware. This arrangement allows player in the three states to cross virtual state lines and play one another in head-to-heads and tournaments online and is a major shot in…

PGA Tour Commissioner Calls for Legalized Sports Betting

PGA Tour Commissioner Jay Monahan is joining the chorus of voices calling for the legalization of sports betting in the United States. And like his peers in the rest of the major leagues (which the PGA is rarely included in) he would like a cut of the action to go to his group. In a…

Richard Branson Purchases Hard Rock Hotel and Casino in Las Vegas

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…

DraftKings Looking to Partner Up with Atlantic City Casinos

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…