After years of trying to get Missouri lawmakers to pass a bill legalizing sports betting, a coalition of the states professional sports teams is throwing its collective weight behind a different approach. The Kansas City Chiefs; Kansas City Current; Kansas City Royals; St. Louis Cardinals; St. Louis Blues; and St. Louis SC are all backing…
When NCAA President Charlie Baker took the stage at the NCAA Convention in Phoenix earlier this week he also addressed the 300-pound gorilla in the room, sports betting. Baker's State of College Sports address covered some very tough issues such as how to punish players who violate gambling rules and what to do about player…
New Jersey is generally regarded as the Silicon Valley of igaming in America and its online casinos are some of the most successful online casinos in North America. On paper, it appears as though the Garden State is in a perpetual state of boom but a recent study commissioned by the Campaign for Fairer Gambling…
Last week Sen. Richard Blumenthal and U.S. Rep. Andrea Salinas. introduced a proposal aimed at fighting problem gambling that's funded by existing taxes on sports betting. Under the terms of the Gambling Addiction Recovery, Investment, and Treatment Act (GRIT) about half of the money currently collected under .25 percent federal excise tax would be funneled…
A group of US lawmakers are making history by authoring the first federal bill aimed at tackling problem gambling as a wave of US States embrace regulated sports betting. If passed into law, the Gambling Addiction Recovery, Investment, and Treatment Act (GRIT) would utilize revenue from an already existing .25 percent federal tax on operator's…
Denise Coates is one of Britain's most successful citizens and generally regarded as the country's wealthiest woman. As CEO of Bet365 she earned a salary of £221 million ($281 million) and has a personal fortune that's estimated to be somewhere around £7 billion ($8.9 billion USD). While that's great news for Coates, and testament to…
NFL legend, and TV pitchman, Rob Gronkowski will be returning to the Super Bowl to take another stab at greatness on behalf of FanDuel. Gronk, as he's known, will be participating in the Kick of Destiny 2 live on air moments before the real kickoff from players who are actually playing in the game. The…
DraftKings is partnering up with NASCAR in the new North Carolina market. It's a deal that puts the operator in the driver's seat of promotions right in NASCAR's home base; and gives DraftKings a nice boost in an emerging market. Under the terms of the deal, which is still awaiting regulatory approval from North Carolina…
UK gaming reform, such as accepting electronic payments at casinos cannot happen soon enough according to Ranking Group Director of Public Affairs David Williams. Williams, addressing the UK gambling operators in a recent blog on the Betting and Gaming Council (BGC) website recently. In his blog, Casino Reforms are Needed More Than Ever, Williams praises…
Colorado's newest sports betting operator is not interested in finding a place in the standard sports betting market. Novig, a commission-free sports betting exchange, is looking to establish itself in the Colorado market as a traditional operator until sometime in the theoretical future when Colorado lawmakers OK sports betting exchanges in the state. It's a…
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