1979 stories by Steve Bittenbender
North Carolina Sports Betting in Jeopardy After Split Vote, College Ban
Legislation to legalize sports betting in North Carolina is on the ropes after a dramatic couple of hours in the state legislature Wednesday evening. The state House of Representatives voted on two sports betting bills Wednesday. One was Senate Bill 38, which...
Terre Haute, Churchill Downs Officials Break Ground on $260M Indiana Casino Project
A day six years in the making finally arrived for Terre Haute, Ind., on Tuesday. Community leaders gathered with representatives from Churchill Downs Incorporated to celebrate the groundbreaking for the Queen of Terre Haute, a $260 million casino resort on the east...
Churchill Downs Completes Calder Land Sale, Plans $291M Toward P2E Deal
Churchill Downs Incorporated closed on the sale of nearly 116 acres of land it owned in Florida on Friday. The company said the proceeds from the transaction will go to cover acquisitions it announced earlier this year. The Louisville-based gaming company first...
PointsBet Sells Nearly 13 Percent Stake to SIG Sports in $65.5M Transaction
Australian-based PointsBet announced on Monday (Sunday night US time) that it received a substantial investment from a division of Susquehanna International Group (SIG) of Companies that will make the US company the largest shareholder in the sportsbook. The AUD 94.2 million (USD...
WorldPay Fined $130K for Handling Colorado Sports Betting Payments with Expired License
A payment solutions provider to sports betting operators allowed its license in Colorado to lapse in April. Despite that, the company continued to process transactions for 21 sportsbooks over a nearly two-week period before it finally stopped. On Thursday, the Colorado Limited...
BetMGM, Carnival Partnership Gives New Meaning to Offshore Betting
BetMGM is heading for the open seas. On Friday, the MGM Resorts International and Entain iGaming joint venture announced a partnership with cruise line operator Carnival. The agreement means the BetMGM sports betting and online casino apps will be available to passengers...
Randy Morton, Marc Badain Hired to Lead OVG’s $3B Las Vegas Project
The developers behind a $3 billion integrated resort in Las Vegas that would include an NBA-ready arena announced the hiring of two Sin City veterans to lead the project on Wednesday. Oak View Group (OVG) announced that longtime casino executive Randy Morton...
Vegas Vickie-Themed NFTs to be Minted as Circa Plans Summer Celebration
Vegas Vickie is going digital. On Wednesday, Circa Resort and Casino announced that the iconic 26-foot neon sign displayed within the downtown Las Vegas casino will serve as the theme for a series of non-fungible tokens (NFT) set for minting in the...
Colorado Sports Betting Tax Policy, Record Keeping Criticized in Audit
UPDATE 6/14 6 pm ET - This story has been updated to include information about a bill Colorado Gov. Jared Polis signed into law last week to limit carryover deductions by licensed sports betting operators that will be effective next year. A...
Indiana Sports Betting: Revenues Rise in May Even as the Handle Drops
Indiana’s sportsbooks expectedly saw a dip in activity for May. Still, they managed to generate more revenue in the month than they did in April. That’s according to data released by the Indiana Gaming Commission on Friday. The retail sportsbooks and online...
