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Hard Rock Atlantic City, Ocean Resort Apply for New Jersey Online Gambling Licenses

Revel Casino Atlantic City

The Hard Rock Atlantic City (formerly the Trump Taj Mahal) and Ocean Resort (previously Revel) have signalled their mutual intentions to enter the New Jersey online gambling market. The state’s Division of Gaming Enforcement (DGE) announced this week that both properties have applied for licenses to offer internet gaming. If approved, it would mean all…Read More

2018 Super Bowl Expected to Break Nevada Sportsbooks Record Handle

2018 Super Bowl odds Tom Brady

The 2018 Super Bowl between the Philadelphia Eagles and New England Patriots is anticipated to set a new sports betting record handle at Nevada sportsbooks when this Sunday’s big game takes place in Minneapolis, Minnesota. The current mark of $138.5 million was set a year ago when the Patriots played the Atlanta Falcons. Oddsmakers say…Read More

GVC Shares Rocked by Shocking Greek Tax Bill

GVC hit with huge tax bill from Greek government

GVC Holdings has said it is taking legal advice following the arrival on its doorstep of a bill for almost quarter of a billion dollars from the Greek taxman. The company, which is in the process of finalizing a $4 billion takeover of Ladbrokes, was forced to disclose to shareholders that it had set aside…Read More

Super Bowl Prop Bets Get Silly, Cover Everything From Olympic Gold Medals to LeBron James Points

Super Bowl prop bets Patriots Eagles

Super Bowl prop bets have been published at Las Vegas and online sportsbooks, and gamblers looking for the most exotic, perhaps absurd, betting opportunity on the big game are now in luck. The Westgate SuperBook released its prop bet smorgasbord last night, with roughly 400 lines for the taking. While most are dependent on what…Read More

Tiger Woods Returns to PGA Tour, Sportsbooks Offer Array of Odds

Tiger Woods odds golf sports betting

Tiger Woods is back on the PGA Tour this week at the very event he played his last official tournament, the Farmers Insurance Open at San Diego’s Torrey Pines Golf Course. While Tiger has lost plenty of fans over the last decade, the golf industry as a whole couldn’t be happier to see the 14-time…Read More

David Baazov Insider Trading Case to Move Forward, Judge Denies Stay of Proceedings

A Quebec judge has rejected a motion to stay the insider trading case against former Amaya CEO and chairman David Baazov. Baazov was charged in March 2016 with five counts of securities fraud, including “aiding with trades while in possession of privileged information, influencing or attempting to influence the market price of the securities of…Read More

Ron Paul Says States, Not Congress, Should Determine Gambling Laws

Ron Paul online gambling RAWA

Former US Representative Ron Paul (L, R-Texas) writes in a recent Newsweek editorial that Congress should excuse itself from legislating gambling, and instead reserve such powers to the states. That might not come as much of a surprise to political observers who have long known Paul to be a staunch advocate of states’ rights. But…Read More

‘Worst Case Scenario’ Wager Slash on FOBTs Pummels UK Bookmaker Stocks

Matt Hancock

British sports books are seeing their stocks plummet, as media reports that fixed-odds betting terminal (FOBT) wagers will be cut from maximums of £100 ($140) down to £2 ($2.80) swirl in the UK. The long-awaited decision is having a negative impact on the bookmakers’ London Stock Exchange (LSE) shares, as government’s plans to slash the maximum stakes…Read More

Eagles Fly Into Super Bowl as Biggest Underdog Since 2009, Patriots Favored by Nearly a Touchdown

Eagles Patriots odds Super Bowl LII

The Philadelphia Eagles and New England Patriots will meet in Super Bowl LII at US Bank Stadium in Minneapolis on February 4. One team is there for the fourth time in seven years, and looks to defend its ownership of the Vince Lombardi Trophy. Then there’s the Eagles, a team that hasn’t played in the…Read More

PGA Tour Members Tee-Off on ‘Laughable’ Sports Integrity Program

PGA Tour Integrity Program

As the PGA Tour gets back into full swing with complete fields, players are being forced to watch an anti-gambling video prior to teeing off in their first tournament in 2018. Some of their reviews on the video have been less than favorable. The PGA Tour’s Integrity Program, which was announced last fall and officially…Read More

New Report Provides Spin for Both Sides of Tasmanian Pokies Debate

Tasmania gambling report SEIS

A new government report found that Tasmanian citizens are gambling less than they used to, and that they are slowly moving away from pokies and towards online betting. The release of the Social and Economic Impact Study (SEIS) prompted immediate reactions from both sides of the debate over a proposal to remove pokies (or slot…Read More

Atlantic City Celebrates Second Consecutive Year of Gaming Revenue Growth in 2017

Atlantic City

The numbers are in, and New Jersey casinos are back. That’s the word from gaming officials in the Garden State after gross gaming revenue increased slightly in 2017, even after modest dip in December. New Jersey’s seven casino resorts increased their annual revenues by 0.3 percent, year-on-year, to $2.41 billion, according to figures by the…Read More

New Jersey Congressional Delegation Urges DOJ Not to Reverse Previously Reversed Wire Act Opinion

New Jersey online gambling Wire Act

Members of the New Jersey congressional delegation, including Democratic Senators Bob Menendez and Cory Booker, are calling on Deputy Attorney General Rod Rosenstein and the Department of Justice (DOJ) to uphold a 2011 opinion on the Wire Act that will allow their state’s legalized online gambling market to continue unimpeded. A 2011 DOJ opinion said…Read More

William Hill Considers Offloading Australian Business

William Hill to sell Australian operations?

William Hill is prepared to quit the Australian market in the face of regulatory pressures, the company said on Monday. Recently enacted gambling laws in the country have already seen the prohibition of credit lines and in-play betting and, with state-by-state point-of-consumption (POC) tax looming, the UK bookmaker’s Australian arm is beginning to feel the…Read More

GVC Holdings Says 2017 Earnings at ‘Top End’ of Company Forecast

GVC Holdings Ladbrokes Coral

GVC Holdings says in a trading update to investors that its 2017 earnings will be “at the top end of management’s internal expectations.” Following a strong fourth quarter where net gaming revenues rose 21 percent to 279.5 million euros ($333.9 million), GVC says its full-year bottom line is now expected to be upwards of €1…Read More