A comment by DraftKings CEO Jason Robins has the gambling sphere in a tizzy. “This is an entertainment activity,” Robins said during the investor-focused Canaccord Genuity digital conference. “People who are doing this for profit are not the players we want.” And with that, cue the torches and pitchforks.
Historically, Nevada has been slow to adopt online gambling products. That’s not overly surprising considering the state’s reliance on tourism and, specifically, gambling tourism.
The 1961 Wire Act is back in the news after the lottery and online gambling provider, IGT, announced it is suing the Department of Justice and Attorney General Merrick Garland. The 18-page complaint seeks a declaratory judgment on the Wire Act, noting the court ruling from earlier this year only applies to New Hampshire.
Update: The Seminole Tribe has shut down its Hard Rock sports betting app while it appeals the court ruling. The compact between Florida and the Seminole Tribe was overturned by US District Court Judge Dabney Friedrich, who opined that the agreement violated IGRA. The ruling will undoubtedly be appealed, but it looks to spell the end…
Gambling Twitter ended last week with a pithy but also interesting debate about gambling harm. Specifically, a comparison of the harm caused by sports betting vis-à-vis online casino games. Both products produce social harm, but is it equal?
Massachusetts looks to be punting legal sports betting to 2022. With sports betting legislation easily passed by the House of Representatives shipwrecked in the Senate, and the legislature dealing with a plethora of significant issues from redistricting to ARPA funds, the Massachusetts Gaming Commission (MGC) has put out the call for another study.
After a 35-year run at Binion’s Horseshoe, the World Series of Poker called the Rio All-Suite Hotel & Casino home since 2005. The storied poker tournament will have a new home in 2022. Actually, it will have two new homes, as Caesars Entertainment announced the 2022 series would take place at two of its Strip…
The World Series of Poker is back. After canceling the 2020 series, the event returned to the Rio in 2021, albeit not in the summer when the series usually takes place. And even though attendance was down, the series didn’t turn into a ghost town. On a very positive note, Main Event attendance (following the…
After passing sports betting legislation, New York was tasked with selecting at least two sports betting platform providers and four operators from the six sports betting proposals the state received.
As he did in the last session, Rep. Tony Cardenas (D-CA) has introduced legislation, The Greyhound Protection Act of 2021, that would amend the 1961 Wire Act to prohibit greyhound racing.
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