7892 stories by Devin O'Connor
U.S. Government Agency Proposes Banning Political Betting Exchanges
A United States government agency has proposed amending its rules to outlaw wagering on political outcomes on controversial betting exchanges. Political betting via regulated sportsbooks, commonplace in the UK and throughout Europe, remains prohibited everywhere in the US. But wagering exchanges, which...
Macau Casino Stocks Climb After China Adds Cities to Individual Visit Scheme Program
Shares of Macau casino stocks are up during early trading on Monday after China announced the inclusion of eight additional cities to its Individual Visit Scheme (IVS) program. The State Council of the People's Republic of China announced on Saturday that eight...
Alabama Gaming Expansion Compromise Dead by a Single Vote, Gov. Ivey Upset
Alabama gaming expansion will remain on hold for at least another year after a compromise reached by a special legislative committee stalled in the state Senate by a single vote. History has repeated itself in nearly every legislative session in the Montgomery...
PGA Championship First Major to Score Sports Betting Partnership Via ESPN Bet
The PGA Championship is the first of golf's four majors to announce a sports betting partnership with a sportsbook operator. The PGA of America and Penn Entertainment, the latter being the parent company to Penn Interactive and ESPN Bet, on Tuesday announced...
Monmouth Park Breaks Ground on Trackside Caesars Sportsbook
Monmouth Park Racetrack held a ceremonial groundbreaking of its trackside Caesars Sportsbook on Tuesday, a 16,000-square-foot facility that will include a Shake Shack full-service restaurant and wall-to-wall television screens displaying all of the day's sports action. Monmouth Park was home to the...
Ocean Casino in Atlantic City Launches Helicopter Service to New York City
Ocean Casino Resort announced the liftoff of its newest amenity on Tuesday -- direct helicopter service to and from New York City's Manhattan to the Atlantic City beachfront property. Ocean installed a helipad atop its parking garage last year. Casino reps say...
2023 Sports Betting State Tax Revenue Jumps 35 Percent to Nearly $2.5B
The 38 states and the District of Columbia where sports betting is legal and operational saw their respective tax benefits increase greatly last year. According to an analysis compiled by LendingTree, an online lending marketplace and personal financial website, state taxes from...
MLB Commissioner Rob Manfred Says League ‘Dragged Into Legalized Sports Betting’
MLB stadiums and broadcasts are flooded with sports betting advertisements and promotions, but Commissioner Rob Manfred claims that wasn't necessarily the league's doing. Appearing this week at the 2024 Associated Press Sports Editors Commissioners Meetings where top officials from MLB, the NBA,...
Bidding for Arkansas’ Pope County Casino to Begin, Only One Applicant Stands to Qualify
The Arkansas Racing Commission (ARC) will soon open a third bidding period for the sole gaming license earmarked for Pope County. Arkansas voters authorized Las Vegas-style casinos in four counties through a statewide referendum in 2018. Casinos have since opened in Crittenden...
Caesars Virginia Casino Development Cost Balloons to $750M
The price tag for Caesars Virginia in Danville continues to soar. Caesars Entertainment is building an integrated resort casino on the site of the former Dan River Mills textile campus. When Danville voters authorized its construction through a local ballot referendum in...
