Investors who believed this wagering wave would lift the stocks of big casinos and gaming companies have wound up on the wrong side of the spread. Since the Murphy decision, the VanEck Vectors Gaming ETF, which tracks the global gaming industry, is down almost 10%, while the S&P 500 has returned 22.5%.
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Harltey reviews the last decade in gambling in America and gives his views on the top 5 gambling stories of the 2010s.
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Houston-area furniture chain owner Jim McIngvale, better known as “Mattress Mack,” lost nearly $12 million last year betting on the Astros to win the World Series,McIngvale kicked off a new year of sports betting by turning his attention to a new sport, according to The Action Network.
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Long-serving CBS sports radio talk show host Scott Ferrall has been signed up by SportsGrid to launch two new live video streaming programs. Titled Scott Ferrall: Coast to Coast and In-Game LIVE, both will be produced from the firm’s Meadowlands Studio from January 29.
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Colorado’s gaming commission solidified the sports betting licencing rules Thursday, setting the stage for the first group of applicants to be accepted next month as the state moves toward legalised sports gambling this spring.
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A week after sportsbook operators boasted about the biggest win of the season, the public struck back on Sunday in the AFC and NFC Championship games. Both favorites –Kansas City and San Francisco – covered the spread, and the over hit in both games. The public was on all of it.
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There's one former baseball player uniquely qualified to answer a question about cheating in baseball. That would be Pete Rose, baseball's all-time hit king who was banned indefinitely from baseball three decades...
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Maverick Gaming CEO Eric Persson said the Las Vegas company’s efforts to bring sports betting to the state of Washington this year may not be successful. But he’s not overly worried.
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Speaking after an employee meeting Thursday where Hard Rock handed out bonuses totaling $2 million to nearly 2,900 full-time employees, Jim Allen said the company is willing to be part of the solution in Atlantic City, but is not encouraged by recent developments.
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Tennessee first approved sports gambling legislation last year and then gave state residents a chance to weigh in on topic. Things continue to progress, and the first bets could be placed in sportsbooks sometime next month.
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