By Tomas Medon Casino and Sports Betting Bills Approved in VirginiaMarch 10, 2020 For decades lawmakers have been opposed to the introduction of any form gambling expansion bill to the state of Virginia. Despite from a considerable number of citizens and state lawmakers, previous bills that pertained to gambling expansion have not been very successful. Well, that is until now. Last Sunday, Virginia lawmakers approved a number […]
By Elaine West William Hill on the Verge of Closing Deal with CBS SportsFebruary 11, 2020 Renowned global gaming giant William Hill is reportedly in talks with CBS Sports in a bid to sign a lucrative media deal. Now that it has come to with the massive potential of the United States’ sports betting industry, William Hill has been actively searching for a viable media partner in the country. After […]
By Ameana Jones Ups and Downs of United States Sports Betting as 2020 BeginsJanuary 14, 2020 2020 was set to be another great year for the sports betting industry in the United States. Already, the sector has seen a number of developments that make it one of the most lucrative businesses in the country. Needless to say, it mostly served to bring an activity that was already going on albeit in […]
By Grant Mahon DOJ Maintains Its Stand on Its Wire Act ReinterpretationDecember 27, 2019 Last week, the United States Department of Justice officially filed the opening brief in its appeals of a federal court decision from earlier this year. The court ruling that is being appealed rejected the reinterpretation of the Wire Act by the department’s judges at the end of 2018. The reinterpretation of the law significantly expanded […]
By Ameana Jones DraftKings Going Public with Triple Merger Deal & $3.3B ValuationDecember 24, 2019 Renowned sports betting operator DraftKings has plans to kick off 2020 on a very high note. The company is set to go public within the first half of the coming year in a three-way deal with SBTech and an acquisition fund founded by former Hollywood executive Jeff Sagansky. Diamond Eagle Acquisition Corporation, the acquisition fund […]
By Alexander Palmer Caesars Unveils $90M Land-Based Casino in Southern IndianaDecember 13, 2019 On Thursday, December 12, 2019, Caesars Entertainment unveiled its $90 million Caesars Southern Indiana in Elizabeth. The unveiling puts to end an intensive 18-month construction phase that was aimed at making the property the go-to gambling and hospitality venue in the region. This new casino and hospitality facility replaces the recently shut down 21-year-old riverboat […]
By Elaine West Yahoo Sports, BetMGM Ink Exclusive Sports Betting PartnershipOctober 29, 2019 Renowned media and internet company Yahoo has been eyeing the sports betting industry since the United States Supreme Court lifted the federal ban on sports betting in May 2018. For a long time, the eventual entry of the company into the sports betting industry has been speculated and finally, it has happened. On Tuesday, October […]
By Alexander Palmer DraftKings Launches Digital Sportsbook in IndianaOctober 4, 2019 This week has been one of the most eventful ones in the global gambling industry and DraftKings is one of the stakeholders that has reaped a lot from it. The company’s efforts to expand its presence in the United States have been paying off quite decently thanks to a number of lucrative partnerships as well […]
By Ameana Jones NFL Signs DraftKings As Its Official DFS PartnerSeptember 27, 2019 For a very long time, it seemed like the National Football League (NFL) was not willing to tolerate the idea of partnering with daily fantasy sports (DFS) providers. This was despite the fact that several of the pro sports league’s partners have embraced daily fantasy sports and gone ahead to ink lucrative partnership deals with […]
By Ameana Jones Sports Betting Comes To New Mexico’s Isleta Resort & CasinoAugust 16, 2019 New Mexico’s Isleta Resort & Casino has been all the buzz lately thanks to the recent expansions that included major upgrades to their poker and bingo rooms as well as other entertainment areas within the facility. However, players in the state are much more excited about the latest addition to the gambling venues offering – […]