The battle for a regulated sports betting market in the nation’s most populated state hits a new snag as the latest ballot initiative proposed by one of California’s largest Native American tribes is under attack. A representative from the state’s legal cardrooms is claiming that this proposal is nothing more than another attempt by tribal casinos to shut competitors down.
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Shares of Kambi Group PLC lost 30 percent on Monday’s news that DraftKings planned to acquire SBTech. Investors fear the acquisition could threaten the current multi-state partnership between Kambi and DraftKings
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Sam A. Antar — nephew to disgraced electronics mogul “Crazy” Eddie Antar — is accused of stealing $794,000 from investors and blowing it on online gambling and casino trips.
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Sports betting giant DraftKings plans to merge with two other firms and go public, the Boston-based company announced Monday. DraftKings said it will complete its merger with gambling tech firm SBTech and acquisition company Diamond Eagle Acquisition sometime in the first half of 2020
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Donald Trump has joined a very exclusive list. The U.S. President has now become only the third ever to be impeached by the House of Representatives, and will now likely face trial by the Senate. We’ll take a look at how his odds looked on PredicIt right up to the final vote, and the current prices offered for what comes next.
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What would it be if one didn’t have to learn from their mistakes? In the online sports betting world, the slightest mistake can cost you money and time
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DraftKings and SBTech have joined the consolidation party. On Monday, one of the leading online sportsbooks in the nascent U.S. market announced a deal that will see it combine with Diamond Eagle Acquisition Corp., a publicly traded special purpose acquisition company, and SBTech, a business-to-business tech company in the online gambling world.
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It didn’t take long for a Jameis Winston and Brandin Cook prop bet to pay off on their Sunday NFL games. Several sportsbooks offered the prop bet for the two players, and watched as they cashed quickly.
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Whether to legalize sports betting is expected to be debated in 2020 in a number of states, including Connecticut, Massachusetts, Missouri and Ohio — all states where efforts this year fell short.
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It wasn’t a good week to be involved with an illegal gambling ring, as law enforcement agencies in New York City, Ohio, and Canada all seized alleged underground gambling networks in three unrelated cases.
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Arizona Cardinals cornerback Josh Shaw is reportedly dropping his appeal of the one-year gambling suspension the NFL levied against him. This news comes by way of Barry Wilner of the Associated Press, citing a source with knowledge of the move.
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Six men from Staten Island and New Jersey — including a reputed Bonanno crime family captain — have been charged with allegedly running an illegal Internet-based gambling operation that netted more than $11 million in wagers, the Brooklyn district attorney announced on Wednesday.
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