How will artificial intelligence (AI) impact the future of the gaming industry? It's pretty tough to tell at this point, but the industry took a big step towards that goal with the recent opening of the AI Research Hub (AiR Hub) at the University of Las Vegas Nevada's International Gaming Institute (IGI). One the AiR…
A panel discussion at the recent SBC Summit Americas turned into a in-depth discussion on whether or not prediction markets are actually legal. The panel, moderated by Christopher Gerlacher of PredictionNews plummed the depths of what meets the definition of a legal wagering site, but ultimately came to no firm conclusions except that it’s good…
The Battle over prediction markets, and their place in the gaming ecosystem, continues to heat up at the NBA Joins the fight. Earlier this week the NBA sent a letter to the U.S. Commodity Futures Trading Commission (CFTC) expressing the organizations thoughts on predictions markets. Like other predictions market critics, the NBA sees them as…
Is Bet365 heading out of the hands of the Coates family and onto the auction block? According to a recent report in the Guardian newspaper, the Coates family is currently exploring several options for what to do with their multi-billion dollar gaming empire as the company's 58-year-old leader, Denise Coates, inches closer towards retirement age.…
The island of Hawaii is inching ever-closer to its first forms of regulated gaming after Governor Josh Green said he would not veto a bill authorizing sports betting on the islands. But while Governor Green is on board with HB 1308, plenty of opposition and debate remain. The Governor voiced his support of regulated Hawaiian…
Artificial Intelligence (AI) is coming to the regulated sports betting market in the form of a new chatbot being tested by FanDuel. AceAI, a first of its kinds bot aimed at providing sports betting insights to players, is currently being tested by FanDuel with a small test group of players. If successful, it's likely to…
Two US lawmakers are calling for the repeal of the federal sports betting excise act. Earlier this week Representatives Dina Titus (D-Nevada) and Guy Reschenthaler (R-Pennsylvania) introduced a bill that would repeal the 0.25 percent the Federal Government has been collecting on sports betting handles for almost 75 years. The sports betting excise tax has…
The State of Texas moved one step closer to regulated sports betting this week when Representative Sam Harless filed House Joint Resolution 134. If passed, this measure would put a resolution on regulated sports betting on the November ballot and let the people of Texas decide whether or not they want sports betting to be…
Ippei Mizuhara will be spending the better part of the next five years in federal prison system for stealing $17 million from Los Angeles Dodgers superstar Shohei Ohtani. Mizuhara used the pilfered funds to pay off debts accrued during some eye-popping gambling sprees. Earlier this week, U.S. District Judge John W. Holcomb issued Mizhuara a…
If you were hoping to see a significant expansion of California gaming anytime soon, you're very likely to be disappointed. That was the message from representatives of the Golden State's powerful Tribal gaming interests at a panel discussion titled State of Gambling in California: Current Trends and Future Prospects that took place at the ICE…
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