Areas of Expertise
1979 stories by Steve Bittenbender
PointsBet-Univ. of Colorado Partnership Sparks Debate About Sportsbooks and College Sports
A report from Sports Illustrated claims the University of Colorado stands to receive more than $1.6 million from sports betting operator PointsBet as part of a corporate sponsorship agreement the two sides announced last month. That deal will be similar to those between...
Historic Preakness, Like Other 2020 Triple Crown Races, Sees Sharp Decline in Handle
Saturday was a historic day at Pimlico Race Course in Baltimore, as Swiss Skydiver became just the sixth filly to win the Preakness Stakes. But unfortunately, neither a history-making run nor a dramatic race to the wire with Kentucky Derby winner Authentic...
Hard Rock Reiterates Support for Gary Casino Project, Indiana Investigates Spectacle
As the Indiana Gaming Commission continues its investigation into Spectacle Entertainment, Spectacle’s operating partner in a $300 million Gary casino currently under construction has reaffirmed its dedication to the project. That’s what Jon Lucas, the chief operating officer for Hard Rock International,...
Trump Remains Hospitalized, PredictIt Traders Move on Biden Victory, Barrett Confirmation
A surreal Saturday – the first full day President Trump spent at Walter Reed Medical Center dealing with COVID-19 – saw additional people from the President’s inner circle announce they had tested positive for the coronavirus. There had been mixed reports about...
Derby Winner Authentic Leads Deep Field of 11 in Preakness Stakes
Kentucky Derby winner Authentic looks to capture his second Triple Crown race in as many months, as the Bob Baffert-trained colt leads a field of 11 in Saturday’s running of the Preakness Stakes at Baltimore’s Pimlico Race Course. Authentic drew the ninth...
College Football: Auburn Looks to Upset Georgia in Season’s First Top 10 Showdown
The biggest college football game of the young season will take place Saturday night between the hedges of Sanford Stadium, when the fourth-ranked Georgia Bulldogs host the seventh-ranked Auburn Tigers in an SEC clash. Both teams come into the game 1-0, but...
5Dimes Settles with Feds, Forfeits $46 Million as Offshore Sportsbook Seeks Path to US Legitimacy
The US Department of Justice announced Wednesday it reached an agreement with 5Dimes, the offshore sportsbook. The company agreed to forfeit more than $46 million to settle a federal criminal investigation that began in 2016. Shortly after the feds release was issued,...
Spectacle Entertainment Could Lose Indiana Gaming License After Feds Indict Executive
Spectacle Entertainment faces an uncertain future as a casino operator in the state after John Keeler, its vice president and general counsel, had his license suspended by the Indiana Gaming Commission (IGC). The suspension stemmed from his indictment on federal campaign election...
Bettors See Biden as Winner in First High-Drama Presidential Debate, PredictIt Shares Reach Two-Month High
Tuesday night’s first presidential debate was a battle of personalities, with moderator Chris Wallace fighting to maintain control in what proved to be a losing proposition. Democratic candidate and former Vice President Joe Biden ended Tuesday night with his shares on PredictIt...
ZenSports Secures $1.4M in New Investments, Focuses on Getting Nevada License for Betting Marketplace
ZenSports set out to raise $1 million of seed funding, as the peer-to-peer sports betting marketplace sought capital for its expansion into the US market. It ended up pulling in nearly $1.5 million. The figures show that it’s not just flashy stocks...