The Kentucky Derby is the premier event on the horse racing betting calendar, but in a sport already known for scandal, the Derby has been the recent recipient of multiple black eyes. A failed post-race drug test from Derby winner Medina Spirit means that the results are in question for the second time in three…
Just because you can do something doesn’t mean you should. It appears the legal US sports betting industry was absent the day this lesson was taught in Sports Betting History 101. In fact, the fledgling industry looks to be hellbent on repeating every misstep made in the European markets.
A recent column from industry expert Richard Schuetz in Global Gaming Business reminded me of several articles about black market sports betting that I have written over the years, some predating the Supreme Court’s PASPA decision in May 2018. In these earlier columns, I laid out the advantages of offshore sportsbooks and illegal bookies over…
After seeing it in action in Massachusetts casinos, MGM Resorts has been an early advocate and adopter of a cutting-edge on-site responsible gaming program. Now the company is taking the next step, announcing it will become the first US operator to integrate GameSense into its online gambling sites.
Ten Years. It’s been ten years since the US Department of Justice seized the websites and froze the financial accounts of PokerStars, Full Tilt Poker, Absolute Poker, and UB (nee Ultimate Bet) and, in the process, flipped the entire online poker world on its head.
Few people had a better view of poker’s Black Friday than Eric Hollreiser, and few people are better qualified to talk about one of the most pivotal moments in online poker history and its ongoing impacts.
The US sports betting industry has created many rising stars, but few companies have grabbed hold of the US opportunity quite like Kambi. The Sweden-based company is the sports betting supplier to the stars, with a Kambi sportsbook client list that includes DraftKings, BetRivers, and Penn Entertainment.
The legalization of NCAA sports betting has created some strange bedfellows as anyone or thing with the thinnest tendril connected to sports wants a piece of the pie. One of the more concerning developments on this front is the increasingly common partnerships between sports betting operators and colleges and universities.
It’s time for lawmakers to open their eyes. For whatever reason, states continue to tout legal sports betting as the best way to generate new gambling revenue, even though every shred of evidence points to legal online casinos as the real opportunity.
From online lotteries to mobile sports apps, legal online gambling is becoming widely available in the US. But one critical part of the structure hasn’t kept pace with legalization: online gambling payment processing.
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