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MaximBet Shuts Down Exits Crowded US Sports Betting Market

MaximBet is ceasing all operations as the US sports betting market finishes out a period of extremely rapid growth and enters what is likely a long period of consolidation. The operator posted the announcement on MaximBet.com late on Wednesday, and gave players until December 15 to withdraw their funds. In an email version of the…

California Democrats Won’t Endorse Online Gambling Bills

The push to legalize online gambling in California took a major step backwards this week when the California Democratic Party announced that it would not be endorsing any of the legalization bills on the ballot this November. Party officials say they're not against gambline per se, it's just that the bills being offered on the…

AGA survey finds gambling CEOs bullish on industry’s future

Gambling industry CEOs are very confident that their businesses will continue recovering from the economic impact of the pandemic over the remainder of 2021. But while they're bullish on recovery, they still have serious concerns about issues such as the labor shortage and supply chain issues. The business bosses shared their opinions in the American…

AGA survey finds improving American attitude towards gambling

The rise of regulated sports betting in the United States is having a very positive impact on the way that Americans view gambling as a whole. That's the big takeaway from a recent survey conducted by the American Gaming Association (AGA) about how Americans perceive both regulated gambling, and the industry that provides regulated gambling…