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Stars Group stays ahead of $870 million payday to Kentucky

Christmas came early to the Stars Group when a Kentucky appeals judge reversed a lower court’s ruling that would have cost the company $870 million in fines for serving Kentucky residents without a license. It’s a huge win for Stars Group and puts to rest a massive legal headache the company’s current owners inherited from…

College sports gets ready to (quietly) cash in on sports betting

The rise of regulated sports betting in the United States has been great news for the gaming industry. After all, it’s a move they’ve been advocating for decades and it’s a great way to get people to walk through the doors of their local sportsbook and casino. For professional sports leagues, especially the NCAA, however,…

UK punters on board with live sports betting ad ban

Attitudes towards the UK gambling business, especially the sports betting side of the business, have been changing quite a bit over the past few years. Operators in that part of the world are dealing with a rapidly changing regulatory environment that, it seems, has tremendous support from the general public. Between Parliament’s efforts to increase…

Kentucky looks to legalized sports betting as pension band-aid

Is regulated sports betting the answer to the impending pension crisis faced by many US state governments? Kentucky Attorney General Andy Beshear would answer that question with a hearty, “Yes, and go ahead and throw daily fantasy sports into the mix,” according to LegalSportsReport.com. Earlier this month, Beshear wrote a letter the state’s legislative bodies…

Survey says: Americans will watch the games they're gambling on

Is gambling good for televised sports? According to a recent survey conducted by Seton Hall University, the answer to that question is a resounding, yes. A recently published survey the the Sharkey Institute of the Stillman School of Business found that a whopping 70 percent of Americans surveyed said that they would be more likely…

Draft Senate bill takes gambling decisions away from US States

A draft bill circulating through the US Congress would radically reshape the way regulated sports is implemented across the country by requiring federal approval in new markets. Other aspects of the proposed bill include a professional sports league-friendly clause that forces bookmakers to buy data from the leagues; as well as a version of the…