5Dimes Leaves US Market and Settles With Authorities
In early September 2020, offshore sportsbook 5Dimes announced it was leaving the US sports betting market and hinted at making a return as a licensed operator.
In early September 2020, offshore sportsbook 5Dimes announced it was leaving the US sports betting market and hinted at making a return as a licensed operator.
Sports betting is legal in more US states than not. Still, it remains elusive in numerous states, including some of the most prized markets.
With the fall of PASPA, legal sports betting is spreading across the country. It’s a dream come true for gamblers, advocates of legal, regulated gambling, the gambling industry, and states.
The Nevada Independent ran an interesting article on the lack of legal online casino gambling in Nevada. The gist of the article is how the world’s most famous gambling market is being left behind as the industry writ large embraces digital betting.
There’s a new entry into the legal US online casino market PlayLive!. The PlayLive! brand will make its debut in the Pennsylvania market, courtesy of the Cordish Gaming Group, a division of The Cordish Companies.
An Illinois bettor who missed out on a nearly $32,000 horse racing betting payout due to a horse that tested positive for a banned substance received a $20,000 settlement last month from a lawsuit initiated against the horse’s trainer and owner.
Nearly five years ago, during the whole, PokerStars dismantles its Supernova Elite program” fiasco, I wrote an article that equated the online poker ecosystem to gyms. Five years later, the online poker ecosystem remains an unsolved riddle. Little has changed, and the same debates are still raging.
The US greyhound racing betting industry has experienced a dramatic decline since its peak in the 1980s. Today, West Virginia is the only state where greyhound racing still occurs. Most of the nation’s greyhound race tracks closed for financial rather than legal reasons, and the sport is still legal across much of the United States….
Learn about EPIC Risk Management, a UK-based company focused on raising awareness of the social harms caused by gambling.
One of the most significant non-COVID developments in 2020 is the unification of DraftKings and SBTech into a single company. The reverse merger saw the daily-fantasy-sports-turned-sports-betting-company go public with a multi-billion-dollar valuation.
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