Online gambling scammer Fred Khalilian has been booted from Monster Technology Group less than a year after selling the company his worthless gambling technology.
Read More . . .
In the wake of the U.S. Supreme Court’s decision in Christi vs NCAA earlier this year, which overturned the Professional and Amateur Sports Protection Act of 1992, in essence opening the floodgates to legalized sports betting across the U.S. by placing the decision to allow sports betting in the hands of state legislatures, a congressional subcommittee is slated to hold a hearing on the issue this Thursday, with anti-online gambling groups given a seat at the table.
Read More . . .
Gambling in Florida is a perennial issue for politicians and the public. It will be on this fall’s ballot for voters in two forms. One proposed constitutional amendment would ban greyhound racing. The other question is much larger: should voters have the exclusive right to expand gambling?
Read More . . .
The gambling sector grew steadily in the US in 2017, as shown in the latest report from the American Gaming Association (AGA). It brought more than $261bn (£200bn) into the US economy during that year.
Read More . . .
Neural regions underlying risk-taking and regret may one day point toward treatments for compulsive betting
Read More . . .
The New Jersey Devils and Las Vegas Golden Knights both announced this week they have gone where no NHL team had before — signing lucrative sponsorship deals with companies that specialize in sports gambling. And that’s big news.
Read More . . .
The Mississippi Gaming Commission on Thursday released its official report for the first full month of sports betting, and the state took in $7.7 million in handle with gross taxable revenue of $644,489. The handle includes futures bets made, while the taxable revenue does not include futures bets, many of which are not yet decided.
Read More . . .
Upon further review, a New Jersey man will get his full $82,000 payout on a disputed $110 sports bet. And several other gamblers who made similar bets at wildly inflated odds will also be paid in full, FanDuel said Thursday.
Read More . . .
College football bettors don’t have to wait until Saturday in Week 4 to wager on games involving ranked teams as there’s a solid three-game Friday schedule featuring a pair of Top 25 programs.
Read More . . .
Problem gamblers, the services that attempt to help them, and opposition groups worried about any societal scourge that might result from expanded legal sports betting are concerned that their voices are being drowned out as more states open sportsbooks.
Read More . . .
The New Jersey (NJ) Devils anticipate picking up as much as $5 million through a series of partnerships that the team has planned. NJ is one of only a small handful of states that has legalized sports gambling since the U.S. Supreme Court reversed the Professional and Amateur Sports Protection Act (PASPA), and one of only two that has major professional teams.
Read More . . .
The Massachusetts Gaming Commission has reported that MGM Springfield, which opened its resort casino on Aug. 24, generated $9,456,976.90 in gross gaming revenue in the month of August.
Read More . . .
