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.
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.
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?
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…
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.
Over the last five years, US residents have seen a steady stream of new legal online gambling options. The current increase in gambling options rivals the casino boom of the early and mid-1990s. From 1978 to that time, customers had two choices, Atlantic City or Las Vegas. By 1993 the number of states with legal…
After years of handcuffing players with a zero-tolerance policy for gambling and speaking out against the ills of sports betting, the NFL appears to be fully embracing not only sports betting but gambling in general.
It’s inevitable. Every season, there is a string of bad calls that significantly impact the outcome of sporting events. It’s also unavoidable that these blown calls send sports fans (and sports bettors) into a tizzy.
The gambling industry is having a robust (and long overdue) responsible gambling discussion. One of the critical subplots in the conversation is means-testing or affordability checks and, by extension, reducing revenue gambling companies obtain from problem gamblers.
Entain PLC, the London-listed betting and gambling group announced in a press release that it has completed the acquisition of leading esports betting operator, Unikrn. Entain previously announced it was in the process of purchasing the technology, products, and brand from Unikrn. The deal’s completion gives Entain a readymade platform and the expertise it needs…
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