The PGA is joining the Coalition for Responsible Sports Betting Advertising as part of a broader effort by US-facing leagues and sports betting operators to promote safe gambling. It's a move that underscores the awareness that these groups have of the rapid proliferation of regulated sports in the United States and the impact it's having…
Life continues to be good for the American commercial gaming industry as the industry celebrates its third consecutive year of record-breaking revenue. According to the latest numbers released by the American Gaming Association, US-facing operators hauled in an astonishing $66.3 billion in revenue in 2023 between land-based and internet-based play. Thanks to a boom in…
Super Bowl LVIII wasn't just a huge day for the Kansas City Chiefs and their patron saint, Taylor Swift. The Big Game was also a big day, a record-breaking day, for Nevada's regulated sports betting operators. According to the Nevada Gaming Control Board, Super Bowl LVIII action surged to an astonishing $185 million, a new…
The State of Michigan is getting very serious about its efforts to fight problem gambling as regulated sports betting continues to make a large impact on American life. Earlier this week, state officials released the details of the FY2024-2025 budget which included roughly twice as many funds dedicated towards promoting responsible gambling while discouraging illegal…
Ohio Governor Mike DeWine and NCAA President Charlie Baker are calling on Ohio sportsbooks to self-regulate on one of the thorniest issues facing the US sports betting industry - individual player props. The pair is hoping that an operator ban on wagers based on the performance of a single 18-year-old will help the very ugly…
The NFL is bringing its biggest show to the gambling capital of America and NFL Commissioner Roger Goodell wants you to know that everything is fine. Speaking at a press conference in Las Vegas this week ahead of Super Bowl LVIII, Goodell addressed the challenges his league is facing as regulated sports betting. The chief…
Will Super Bowl LVIII be overrun with commercials for sportsbooks and casinos? NFL officials are promising that not only will the biggest of big games not be inundated with gambling ads, but that there will only be three of them during the entire broadcast. That's not a sign that gambling operators are shy about spending…
Another landmark Las Vegas hotel and casino is headed for a date with a wrecking ball this spring when the fabled Tropicana Las Vegas will be torn down to make way for the new Las Vegas A's baseball stadium. It's just the latest chapter in Sin City's effort to re-brand itself as Sportstown USA. The…
Former Resorts World CEO Scott Sibella pleaded guilty this week to charges of failing to report suspicious gambling activity at his company's casinos. The former executive is now facing a sentence of up to five years in a federal prison and a $250,000 fine. Despite his current circumstances, Sibella is optimistic that he'll return to…
PENN Entertainment is taking heavy criticism from one its biggest investors for "under performance" and alleged mismanagement. The barbs are coming from HG Vora, a hedge fund which oversees more than $7 billion worth of assets including a large portion of PENN. It's a tricky situation for PENN that could significantly alter the company's future…
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