3799 stories by Philip Conneller
Rev. Al Sharpton Calls for Halt to Colorado Sports Betting Licensing Over ‘Shady Hedge Funds’ Concerns
Activist Reverend Al Sharpton wants lawmakers in Colorado to put the state’s sports betting licensing process on hold while they consider the potential impact on casino workers of "unsavory out-of-state hedge funds who profit off of job loss." Colorado residents narrowly voted...
Crown Resorts Switches Off Half Its Slot Machines in Social Distancing Drive
Australia’s Crown Resorts said Monday it is unplugging every second slot machine and electronic gaming table at its flagship Melbourne property in a bid to enforce social and physical distancing between its customers. The company said the measures had been adopted after...
Grand National Cancellation Will Cost Bookmakers and Racing Industry Millions
The Grand National, the UK’s most famous horse race, has been canceled because of the coronavirus. It’s the latest blow to the country’s betting industry, which is feeling intense pressure from the abandonment of sports domestic and global. The entire three-day Grand...
South Carolina Catawba Tribe Gets Federal OK to Build North Carolina Casino
South Carolina’s only federally recognized tribe, the Catawba Indian Nation, has the federal go-ahead for a controversial $273 million casino -- in North Carolina. On Thursday, after six years of deliberation, the US Department of the Interior approved the Catawba’s application to...
Flutter Entertainment Revises 2020 Guidance, Expects £110 Million Coronavirus Hit
Paddy Power and Betfair parent Flutter Entertainment has warned investors to expect group profits to be hammered for between £90 million ($109 million) and £110 million ($134 million) by the cancellation of global sporting events in reaction to the novel coronavirus. Shares...
US PayDay Loan Mogul and Trump Donor Behind MoPlay, Busto Betting Site That Owes Customers
Stricken online betting company MoPlay was promised £130 million ($160 million) in financial backing prior to its launch in 2018. But only £60 million ($74 million) of this materialized, leaving the company unable to pay its liabilities. That’s according to an application...
EPL Suspends Activities After Arsenal Manager Mikel Arteta Gets Coronavirus
The English Premier League (EPL) has been suspended until at least Friday, April 3. The decision was taken after Arsenal manager Mikel Arteta was diagnosed with the novel coronavirus COVID-19 on Thursday night. News of Arteta’s infection arrived just hours before that...
Melco Must Turn Over Sensitive Documents to Crown Resorts Suitability Investigation, Court Rules
Lawrence Ho’s Melco Resorts has lost its bid to keep private company documents out of reach of an unprecedented official investigation by the Australian state of New South Wales (NSW) into the licensing suitability of Crown Resorts. On Thursday, the NSW Court...
UK Regulator Clobbers Betway With Record $11.6 Million Fine for Accepting Stolen Money
Online sports book Betway achieved the dubious honor of becoming the UK’s most robustly punished gambling operator Thursday, as it agreed to pay a record £11.6 million ($14.6 million) fine to settle a litany of compliance failings. Short of license revocation, it’s...
Steve Wynn Wins $1 Defamation Case Against Woman Who Falsely Accused Him of Rape
Steve Wynn has been awarded $1 in nominal damages in a defamation suit against a woman who alleged that the billionaire casino mogul raped her. In 2018, Halina Kuta, 73, of Laguna Vista, Texas, told Las Vegas police the alleged assault took...
