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New Jersey Horse Racing Representatives Say Casino Referendum Would Provide Little Relief to Industry  

New Jersey horse racing northern casinos

The New Jersey horse racing industry needs more than a little bit of luck if it hopes to detour off the current path it’s traveling, but horsemen said recently that the November casino referendum to bring gambling north isn’t a viable solution. Atlantic City’s eight remaining casinos currently pay eight percent of their gross gaming…Read More

Phil Mickelson Forfeits $1 Million Stemming From Insider Trading Case

Phil Mickelson insider trading case forfeiture

Phil Mickelson is short $1 million, after the golf superstar agreed to repay profits stemming from an alleged insider trading scheme to the US Securities and Exchange Commission (SEC). Preet Bharara, the US Attorney for the Southern District of New York and famed prosecutor of poker’s “Black Friday” in 2011, announced on May 18 that…Read More

Kentucky Derby Champ Nyquist Heavy Favorite at 141st Preakness Stakes 

Nyquist Preakness Stakes Kentucky Derby

Nyquist is the odds-on favorite to win the 141st running of the Preakness Stakes at Pimlico Race Course in Baltimore, Maryland, on May 21. Exactly two weeks after the three-year-old colt won the Kentucky Derby, Nyquist heads into the second leg of the Triple Crown at odds of 3-5 to cross the finish line first….Read More

Draftstars Wants to Grab Australian DFS Audience, Hoping to Piggyback on Aussies’ Love of Sports Betting

Draftstars daily fantasy sports Australia

Australian daily fantasy sports site Draftstars, a joint venture between online bookmaker CrownBet and sports channel conglomerate Fox Sports, recently announced that the new platform is undergoing a promotional marketing drive to tap into the emerging Aussie demographic. Hosted by the turnkey daily fantasy software company DraftDay, Draftstars was launched in early 2016 and currently…Read More

Las Vegas Considers Adding eSports to Casino Offerings at Latest Gaming Commission Hearing

Brian Sandoval eSports Las Vegas

Nevada Governor Brian Sandoval joined a meeting of the Nevada Gaming Policy Committee on Friday as a group of largely middle-aged men in suits were invited to wrap their silvery heads around the ultimate “millennial” pastime, eSports. eSports, or professional competitive video gaming, is set to become a $1.9 billion industry by 2018, according to…Read More

Oakland Raiders’ Odds of Moving to Las Vegas Increasing as Owners Reportedly Warm to Sin City

Oakland Raiders Mark Davis Las Vegas

Before the Oakland Raiders can become the Las Vegas Raiders, 24 of the NFL’s 32 owners would need to sign off on the relocation, and while the chances of that happening was previously thought to be slim due to Sin City’s legalized sports betting market, the accord is reportedly gaining support. The NFL has long…Read More

DFS Congressional Hearing Hijacked by New Jersey Sports Betting Push

Frank Pallone New Jersey Assemblyman congressional DFS hearing

A Congressional hearing to examine the legality of daily fantasy sports (DFS) was snubbed by industry leaders DraftKings and FanDuel yesterday. Both companies are understood to have declined an invitation to attend the meeting of the Subcommittee of Commerce, Manufacturing, and Trade, which was called at the behest of New Jersey Assemblyman Frank Pallone. Instead,…Read More

FIFA 2026 World Cup Bidding Process Overhauled as Soccer Body Continues Repairing Public Image

FIFA 2026 World Cup Gianni Infantino

The FIFA 2026 World Cup bidding process will be a four-phase process that is designed to better vet potential host cities and countries on a series of conditions. The bidding procedure overhaul is the latest change at soccer’s governing body devised to repair its damaged image and improve public perception of its leadership. On Tuesday…Read More

TVG Makes Hash of Kentucky Derby

Nyquist wins Kentucky Derby

Betting handle on Saturday’s Kentucky Derby was the second highest in the race’s history. Some $192.6 million passed through the bookie’s hands, just short of the record set in 2015 when American Pharaoh took his first step on the road to Triple Crown glory. But a significant portion of that money apparently failed to end…Read More

Kentucky Derby 2016: Does Anyone Care After Historic 2015?

Kentucky Derby 2016 American Pharoah

The Kentucky Derby opens its gates on Saturday for the 142nd running of America’s most bet-upon horse race. The first leg of the Triple Crown in the US, the Kentucky Derby welcomes more attendees than any other Thoroughbred race in the country and is dubbed “The Most Exciting Two Minutes in Sports” for its short…Read More

DraftKings and FanDuel Pull Out of Idaho Following AG Ruling

Idaho AG Lawrence Wasden declares DFS illegal

DraftKings and FanDuel have pulled out of Idaho, following a ruling by State Attorney General Lawrence Wasden that the contests they provide constitute illegal gambling under state law. The move by the two leading DFS companies comes after three months of negotiations, said Wasden in a statement. The agreement was signed willingly by both companies…Read More

Leicester Wins English Premier League and Bookmakers Lose Millions

Leicester City’s Riyad Mahrez and Jamie Vardy

Leicester City won the English Premier League on Monday night as Tottenham’s title challenge melted into mathematical impossibility following a bad-tempered 2-2 draw with Chelsea. The Foxes championship win is being hailed, without very much hyperbole at all, as “the greatest sporting achievement ever,” or at least the most unlikely. Up and down the UK…Read More

Raiders’ Mark Davis Pledges “Lifetime Commitment” and $500 Million to Las Vegas

Mark Davis vows to bring Raiders to Vegas

“Las Vegas Raiders” has a certain ring to it, does it? Raider’s boss Mark Davis was in town this week to offer the most concrete assurance yet that Vegas could be about to get its first major league sports team. “We need a home. We need a stadium,” Davis told a meeting of the Southern…Read More

Australian Government Bans In-Play Betting, Bookies Carry On Regardless

Australia bans in-play betting

The Australian government has ordered online bookmakers to cease offering in-play betting as it moves to permanently ban the practice in which bettors can make real-time wagers while a game is in play. But it’s an order that the country’s top betting sites, for now at least, appear to be ignoring. This is the latest…Read More

Tom Brady’s Four-Game Suspension Reinstated by Appeals Court, Vegas Reacts

Tom Brady suspension NFL Deflategate

Tom Brady won’t be under center for the New England Patriots’ first four games of the NFL regular season after a federal appeals court ruled on Monday that the four-game suspension for his “Deflategate” involvement initially levied by NFL Commissioner Roger Goodell was just. The three-judge panel ruled 2-1 that Goodell “properly exercised his broad…Read More