Aggrieved bettors are making life hell for athletes at both the college and professional level. That's the message Boston Red Sox pitcher Lucas Giolito recently shared with MLB Commissioner Rob Manfred in a private conversation. Giolito related the story, and his pitch for gamblers to take a chill pill, with Baseball isn't Boring podcast host,…
Will a recent ban on influencer advertising be of benefit to the country's massive swarm of black market gambling sites? BetMGM's head of legal Eduardo Ludmer thinks that is exactly what lawmakers' efforts to reign in a form of advertising, that is allegedly fraught with fraud, will promote. It's a sticky situation that illustrates some…
The battle over prediction markets, and their place in the regulated gaming ecosystem, continued full bore in recent weeks as American Gaming Association President and CEO Bill Miller weighed in on the issue in a blitz of editorialw in the Kansas City Star and other Midwest newspapers. Miller, not surprisingly, thinks that predictions markets are…
Lottery Couriers and mass lottery ticket purchases are causing major headaches for state lottery commissions across the United States. These sophisticated players, whose operations are entirely legal, are upending the order of a major cash cow that many states rely on to fund everything from new classroom computers to state parks. Now the State of…
Is Brian Quintenz fit to lead the Commodity Futures Trading Commission (CFTC)? A coalition of gaming industry interests recently sent a letter to the Senate Committee on Agriculture, Nutrition and Forestry suggesting, in very strong words, that Quintenz is not a good choice to fill that position. The letter, was signed by the American Gaming…
DraftKings' road to towards clearing out the massive legal fallout of its short-lived venture in the world of non-fungible tokens (NFTs) hit a major snag this week when a GOP politician hit the brakes on a potential $10 million settlement with the state. Earlier this week state Republican National Committeeman Brad Wyatt filed a formal…
For the past 50 years, casinos across the United States have had to indulge in a costly ritual whenever a player hit a slot jackpot over $1200. That ritual involved shutting down the winning machine while casino staff filled out paperwork for the Internal Revenue Service (IRS). It's a costly effort that, thanks to the…
Deposit bonuses have long been the marketing lifeblood of the gaming industry, but may be about to change. Across the country the practice is being challenged in court by aggrieved players who say that bonus deposits contain playthrough requirements and other hoops to jump through that make using those bonuses all but impossible. A recent…
A Nevada senator's efforts to roll back the gambling tax addendum in the recently passed One Big Beautiful Bill (OBBB) have hit a roadblock. Late last week, Nevada Sen. Catherine Cortez Masto introduced the Facilitating Unbiased Loss Limitations to Help Our Unique Service Economy (FULL HOUSE) Act, which would restore the opportunity for gamblers to…
Earlier this week New Jersey Governor Phil Murphy signed into law a measure that bans the state’s colleges and universities from entering into sponsorship deals with sports betting operators. It’s the latest move by a state government to draw more distinct boundaries between the worlds of sports betting and college athletics. Under the terms of…
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