Sheldon Adelson Death Leaves Behind A Complicated Legacy

Sheldon Adelson Death Leaves Behind A Complicated Legacy

The passing of Sheldon Adelson is reverberating around the globe. One of the most polarizing political figures in recent memory, Adelson is both revered and reviled. Within his own highly competitive industry it was more of the latter, and amongst online gambling advocates, the casino magnate was bête noire. Over the years, I’ve personally devoted…

Is US Sports Betting Success Reliant On Market Access?

Is US Sports Betting Success Reliant On Market Access?

Scott’s Take: Taking advantage of the opportunities afforded by the expansion of sports betting and online gambling in the USA is dependent on one key factor – market access. As was shown in mid-December by the deal announced by Penn National to buy back the Hollywood Casino Perryville in Maryland, having automatic access to a…

Is Legal Bitcoin Sports Betting Coming Soon to a Sportsbook Near You?

Is Legal Bitcoin Sports Betting Coming Soon to a Sportsbook Near You?

Bitcoin has been the domain of illegal offshore sportsbooks and gambling sites for quite some time now in a post-UIGEA world, but a patent recently acquired by International Game Technology (IGT) has brought cryptocurrency one step closer to mainstream adoption in the regulated gambling market.

Tech Ownership A Key Component Of MGM’s Entain Offer

Tech Ownership A Key Component Of MGM’s Entain Offer

2021 is starting right where 2020 left off, as MGM has made an offer to acquire Entain (formerly GVC). If accepted, the $11 billion offer would result in another mega-merger in the gambling industry. In mid-December, the recently renamed Entain announced a “global alliance” with Verizon Media, which would see the two “develop new opportunities…

The Barstool Fund’s Success Hints At The Company’s Sports Betting Potential

The Barstool Fund’s Success Hints At The Company’s Sports Betting Potential

The gambling industry is still in the get-to-know-you phase of its relationship with Barstool Sports, and it should pay close attention to the Barstool Fund, which is the industry’s first look at what the company can do when it puts its collective to mind to something.

Google Policy: Users Can  Opt-Out Of YouTube Gambling Ads

Google Policy: Users Can Opt-Out Of YouTube Gambling Ads

Search engine giant Google is allowing YouTube users in the United States to opt-out of ads for gambling and alcohol.  Google Ads and non-US YouTube users will gain this option in early 2021. YouTube users can still expect to run into contextual ads related to alcohol and gambling, based on the sites they visit.

Online Gamblers Notice Robinhood Complaint Has A Familiar Ring

Online Gamblers Notice Robinhood Complaint Has A Familiar Ring

Another level of resonance to the apparent symbiosis between day trading and sports betting was added after financial regulators in Massachusetts alleged that Robinhood failed to protect novice investors. The 23-page complaint from the office of Secretary of the Commonwealth William Galvin claimed the popular day-trading app allowed investors to take “unnecessary risks.”

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