Louisiana Sports Betting Revenue Outpacing Fiscal Projections, But Casino Win Slows
Louisiana sports betting began last October, and oddsmakers say business since has been strong.
California Sports Betting Debate Not Waning as Petition Deadline Nears
The battle for control of sports betting in California is heating up. In the past few days, a number of organizations have issued statements of support or opposition to the various initiatives being proposed in the Golden State.
Mets Owner Steve Cohen Pushing for Citi Field Casino
New York Mets owner Steve Cohen wants to bring a casino to Citi Field, and is cozying up to some important local politicians, including Mayor Eric Adams, to drive forward that effort.
iGaming, Sports Betting Stocks Looking at Trying Earnings Season, Says Analyst
Investors are repudiating gaming stocks this year, and with first-quarter earnings season looming, online casino and sportsbook stocks could be particularly vulnerable to more downside.
WSOP Online Festival Begins, Deals In Two New US States
For the first time, Michigan and Pennsylvania residents can join Nevada and New Jersey residents in hands of the World Series of Poker’s (WSOP) online tournament, playing Sept. 10 through Oct. 18 on WSOP.
Kansas Sports Betting Bill Delayed After Surprising Amendment Failure
A legislative effort to bring regulated sports wagering to Kansas hit an unexpected roadblock Tuesday. That’s when a lottery-related amendment failed on two occasions.
DraftKings, Genius Sports Among Worst Stock-Based Compensation Offenders
Genius Sports (NYSE:GENI) and DraftKings (NASDAQ:DKNG) are the worst offenders in terms of equity-based compensation as a percentage of 2021 gross profits.
Portugal Implements Ban on Publication of Live Odds for Sports Events
In-game betting is increasingly popular in the sports world. It’s taking a step backward in Portugal, though, following the introduction of a new regulation restricting where sportsbooks can publish their odds.
BetMGM Mishap Leads to $25k in New Jersey Fines
Last year, BetMGM took a small amount of wagers on New Jersey college basketball teams. But the state prohibits bets on games involving local universities, leading to a fine for the gaming operator.
Chile Considering Ban on Sports Betting Advertising Sponsorships
Chile could become the latest country to ban sports betting advertising in sports events. A legislator with the Independent Democratic Union Party hopes his initiative will lead the way.