Jason Robins, chief executive and co-founder of DraftKings, has said the potential wider legalisation of sports betting in the US represents an “enormous” growth opportunity for the company.
Read More . . .President Donald Trump’s personal assistant, John McEntee, lost his White House job this week because an investigation found he was a frequent gambler whose habit posed a security risk, according to two people familiar with his departure.
Read More . . .If the casino industry gets its way, this could be the last March Madness where Americans have to go to Nevada to bet legally on the college basketball championship.
Read More . . .Now that Steve Wynn and his ex-wife Elaine Wynn have settled their fight over a stock fortune worth over $4 billion, the question is: will the one-time King of Las Vegas sell his stakes?
Read More . . .Americans will bet more than $10 billion on the NCAA tournament, including office pools and traditional wagers with bookmakers, according to estimates released Monday by the American Gaming Association. Only 3 percent of the action is expected to take place in a legal environment.
Read More . . .DraftKings has been busy since its proposed merger with FanDuel was scrapped last summer, after the two daily fantasy sports rivals decided not to fight a federal agency’s antitrust challenge to the deal.
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On Selection Sunday the NCAA selection committee gave preference to several less deserving teams, hurting some of the top mid-majors and smaller conference teams in the country with their detrimental decisions.
Read More . . .The 68 teams have been chosen, and pencils (or gadgets) nationwide stand poised to help fans fill out brackets for this year’s NCAA men’s basketball tournament. And the American Gaming Association estimates that $10 billion will be bet, the vast majority of it illegally.
Read More . . .In this interview with CalvinAyre.com’s Becky Liggero, Philipp Geppert of eSports.com explains the innovation behind their award-winning platform.
Read More . . .Wind Creek Hospitality, a privately held entertainment and gambling company owned by the Poarch Creek Indians, has run a somewhat modest operation relative to other Native American gambling businesses.But it’s about to become a household name in the Lehigh Valley. Wind Creek announced Thursday it’s acquiring the Sands Casino Resort Bethlehem property for $1.3 billion.
Read More . . .Despite the looming threat of a constitutional amendment and a potential $300 million annual hit to state coffers, Florida lawmakers abandoned an effort to reach agreement Friday on a gambling package as time ran out in the 2018 legislative session.
Read More . . .The Cleveland Indians had a disappointing finish to their 2017 campaign, dropping three straight games to the New York Yankees in the ALDS. However, this year the Indians are back as huge -650 favorites to win their third AL Central title in a row.
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