Nevada’s casinos are in the crosshairs of anti-smoking advocates and they are calling on regulators to ban indoor smoking at all the Silver State’s casinos including those on the Las Vegas Strip.
Category:
Industry News
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DraftKings initially announced a surcharge on winning bets to offset rising state tax rates, but customer backlash and competitors’ refusal to follow suit led to a policy reversal. Now, sportsbooks like DraftKings are exploring other ways to handle increasing tax burdens.
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Penn Entertainment announced a second round of layoffs while its mobile sports betting app, ESPN Bet, is still waiting for regulatory approval in the nation’s largest digital gaming market.
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Sports betting in Massachusetts continues to thrive, as August 2024 saw a significant increase in wagers and revenue. With a $447.3 million handle, the state experienced 43.1% year-over-year growth, led by DraftKings dominating the market. The Bay State’s sports betting craze shows no signs of slowing.
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The Major League Baseball Players Union has filed a lawsuit against FanDuel, DraftKings, and two others regarding their use of players’ images and likenesses without their consent. Pay to Play…
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A US congressman and senator have announced their sponsorship of the SAFE Bet Act, which would add additional layers of protections to safeguard consumers from predatory advertising and themselves.
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Fanatics Betting & Gaming continued its torrid expansion pace by launching in the Washington DC market, gaining access through a partnership with the area’s professional women’s soccer team, the Washington Spirit.
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Despite a second assassination attempt on Donald Trump, presidential election odds remain live at most bookmakers. Kamala Harris holds at -125 while Trump remains an even-money underdog. FanDuel suspended markets, but BetMGM and DraftKings kept them open. Betting continues on both candidates.
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After five months of declining wagering in the Green Mountain State, the streak was finally broken in August when the handle increased 19% from July.
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Industry News
College Football Player Investigated in Gambling Scandal Partners With Sports Betting Watchdog
Former Iowa State tight end, DeShawn Hanika, saw his 2023 season erased after being implicated in a sports betting scandal the previous season. However, he has now teamed with sports betting watchdog, Integrity Compliance 360, to tell his story and educate other college athletes.
