3943 stories by Philip Conneller
Mafia Also Clobbered by Coronavirus Sports Cancellations, Cops Say
It’s not just the regulated sports betting industry that is feeling the pinch because of the global sports shutdown. Spare a thought in these troubling times for the Mafia, whose traditional revenue streams – illegal gambling and extortion – have been blunted...
Flutter and TSG Vow $12 Billion Mega-Merger Won’t Be Sabotaged by Coronavirus Crisis
Paddy Power and FanDuel owner Flutter Entertainment, and PokerStars and SkyBet parent The Stars Group (TSG) said this week their planned $12.2 billion merger will go ahead -- regulators permitting -- despite the financial shock of the coronavirus crisis. Flutter may be...
SBTech Hammered by Cyberattack, BetAmerica, Oregon Lottery Sports Betting Knocked Offline for Three Days
SBTech was hit by a cyberattack late Friday, forcing the sports betting and lottery provider to shut down its global data centers, putting its B2B partners out of action, LegalSportsReport first reported. As of 3 p.m. (P.T.) Monday, the sports betting operations...
Tokyo 2020 Olympics Officially Bumped to July 23, 2021, But Will Coronavirus Be Under Control by Then?
The Tokyo Olympics will kick off on July 23, 2021 and run until August 8, the International Olympic Committee announced after a meeting of its executive board Monday. IOC Thomas Bach told reporters that the games would represent a light at the...
Chickasaw, Choctaw Nations Sue Insurance Companies to Secure Coronavirus Shutdown Payouts
Oklahoma casino operators the Chickasaw and Choctaw nations are suing a group of insurance firms, seeking a declaration that financial damages incurred during the coronavirus shutdown will be paid. The Chickasaw Nation is Oklahoma’s largest gaming operator, with almost two dozen casinos...
Washington Sports Betting Bill Becomes Law Amid Game Drought, Legal Challenge Looms
Washington State Gov. Jay Inslee on Wednesday signed into law a controversial bill that legalizes sports betting at tribal casinos. In doing so, Washington became the first state this year to authorize wagering on sporting events. But it does so at a...
Philippine Regulator PAGCOR Wants to Reopen High Stakes Tables to Fund Coronavirus Fight
Philippine casino regulator-operator PAGCOR has released $118 million to state coffers to help fund the fight against the coronavirus. But PAGCOR Chair and Chief Executive Andrea Domingo has suggested that reinstating VIP gaming at state-owned and commercial casinos, as well as online...
Lotto-Quebec Halts Land-Based Lottery Sales Amid Pandemic, But Most US States Couldn’t Follow Suit
While many US state lotteries are closing their offices to the public, their operations are going on as normal during the coronavirus crisis. The physical sale of tickets and scratch-offs continues as the only form of land-based gambling available, even in hard...
888 Stock Rises 31 Percent Over Expectation Company Can Absorb Coronavirus Shock
The coronavirus may be clobbering gambling stock the world over, but 888 Holdings was up more than 31 percent Tuesday after the company revised its guidance for 2020. The stock market does not generally react well to profit warnings. ut these aren’t...
Brits on Lockdown Betting on ‘Sports They Know Nothing About’ Triggers Call for Online Betting Cap
Concerns are growing among UK politicians that the widespread cancellation of sports events -- coupled with the boredom associated with social distancing measures -- is leading to gamblers betting on sports they “know nothing about.” In an open letter to industry trade...
