The Stars Group, parent company of PokerStars, reported its second quarter results this week. In what the poker world is wondering if it is a sign to come, the percentage of poker as a portion of revenue compared to the rest of the company sharply decreased. Sports betting took over as the top vertical in… Read more »
After a slow start to the year, sports betting legislation continues to build momentum as another state is about to legalize the industry. This time it is Maine, as both branches of the state legislature recently approved LD 553, which would authorize sports betting within state borders. The bill was introduced at the end of… Read more »
While Pennsylvanians continue to wait – patiently – for online poker sites to flip their switches, they can now bet on sports from the comfort of their own homes, as live testing of sports betting sites commenced this week. Sugarhouse Leads Off There is just one casino that has launched its online sportsbook so far:… Read more »
Long at the forefront of casino gaming, especially when it comes to the Native American population, the Seminole Indians of Florida have traditionally been hard core negotiators. With both the federal and Florida governments, the Seminoles have more often than not come out on the winning side when it comes to negotiations over their sovereign… Read more »
It’s been a long time coming. But on July 15, the fourth state in the States of America will go live with online casino gaming and poker. On that date, Pennsylvania will complete the long, traveled road to join Delaware, Nevada and New Jersey as states that offer online casino gaming activities. Regulators Announce Opening… Read more »
The molasses-like rate of passage of sports betting, DFS and online gaming and poker regulations in the States of America has been the norm in the industry rather than the exception. Since it was sparked to life in 2011, only four states have passed any type of regulations regarding online gaming and/or poker, with more… Read more »
On Tuesday, the National Basketball Association (NBA) and The Stars Group announced that they have entered into a multi-year partnership that will have Stars become an “authorized gaming operator” of the NBA. “The Stars Group is an accomplished global online gaming leader and we are excited to work with them on their first U.S. sports… Read more »
Any football fan (American football, that is) knows that the University of Alabama is a juggernaut. Going into the season the Crimson Tide were listed as about 2-to-1 favorites to win the national championship and from the pre-season through November, bettors wagered on them to win it all, risking money on a relatively poor payout… Read more »
Two giants of the gaming industry, MGM Resorts International and Caesars Entertainment, have teamed up to create the non-profit Sports Wagering Integrity Monitoring Association (SWIMA), which is just as it sounds: a watchdog organization with the aim of maintaining the integrity of the growing U.S. sports betting industry. According to a press release, SWIMA is… Read more »
The Stars Group and Eldorado Resorts, Inc. have agreed to a 20-year deal in which The Stars Group – parent company of PokerStars and Full Tilt – will be able to operate sports betting sites in the United States under Eldorado’s gaming license. The agreement applies to thirteen states in which Eldorado operates: Colorado, Florida,… Read more »
Following the defeat of a bill that he ushered through the Congress in the 1990s, senior Utah Senator Orrin Hatch has indicated that he will soon put forth a new sports betting bill that would once again attempt federal regulation of the sports betting industry. Hatch: “Improvements in Monitoring and Enforcement” Hatch indicated that his… Read more »
Reacting to the decision by the United States Supreme Court, the state of New Jersey – the state the brought the lawsuit that pushed the decision by the SCOTUS – has been quick to bring to life their sports betting industry. Casinos are having to make some moves also, such as the decision by the… Read more »
When Pennsylvania became the fourth state to pass online gaming and poker regulation, it was expected that there would be a flood of activity fighting for those licenses. Instead, it appears that there has been a bit of a slow start to the licensing procedures, perhaps jeopardizing the opening of the Pennsylvania industry later this… Read more »
The summer of 2018 has seen several states step up to offer sports betting – both live and online – to their constituents. But one thing that some thought would be swept up in the passage of sports betting regulations – the regulation of online casino gaming and poker – has failed to materialize. Rhode… Read more »
While they were expected to be the first “newcomer” to the sports betting world after court decisions, New Jersey instead became the second (after Delaware) with their actions on Thursday. The Garden State became the third state to officially open their borders for sports betting bright and early on a sunny Thursday on both ends… Read more »
In a move that surprised some in the casino and gaming industry, American Gaming Association Chief Executive Officer Geoff Freeman has decided to step down as the head of the powerful trade organization. “The AGA accomplished many important successes during Geoff’s tenure, most notably the recent Supreme Court ruling declaring the Professional and Amateur Sports… Read more »
