Gambling Industry

A Record $609 Million Wagered in Nevada as Sportsbooks Sit Empy

A Record $609 Million Wagered in Nevada as Sportsbooks Sit Empy

- 2 min read

The Nevada Gaming Control Board released its November totals on Tuesday, continuing a year of big ups and downs with reports that more money was wagered on sports in a single month than any other time in history. The $609.6 million bet on sports in November accounted for almost 90% […]

Kevin Durant celebrates during the Seattle SuperSonics' last home game as a Seattle SuperSonics' the Dallasgame in Seattle, Sunday, April 13, 2008. The Sonics won 99-95. (Image: John Froschauer/AP)

NBA Reveals Expansion Teams Likely: Seattle and Vegas Rumored

- 3 min read

Expansion would allow the NBA to pocket billions of dollars that it won’t have to share with players. That’s a tempting option for the cash-strapped league. It’s so tempting, in fact, that NBA Commissioner Adam Silver has changed his tune about keeping the league’s team count at 30. The NBA […]

Thunder Snow (right) captured the last two Dubai World Cups. The late March race kept its $12 million purse as undercard race purses were trimmed due to COVID-19. (Image: Erika Rasmussen/Dubai Racing Club)

Dubai World Cup Keeps $12 Million Purse, Slices Undercard Purses

- 2 min read

The Dubai World Cup announced this weekend it will retain its US$12 million purse for 2021, while, at the same time, cutting $8.5 million from its undercard purses. This keeps the March 27 Dubai World Cup as one of the richest races in the world. The late March event was […]

Representative Paul Tonko (D-NY) helped shepherd the bipartisan Horseracing Integrity and Safety Act into law. HISA became law late Sunday night when President Donald Trump signed a $2.3 trillion spending bill that included the legislation. (Image: Lucas Willard/WAMC)

Horseracing Integrity and Safety Bill Becomes Law

- 3 min read

The Horseracing Integrity and Safety Act of 2020 officially became law Sunday night when President Donald Trump signed the $2.3 trillion omnibus spending bill. That bill provided $900 billion for COVID-19 relief, along with keeping the US government operating. HISA was part of that bill. Representatives Andy Barr (R-KY) and […]

NBA Joins NFL in Decision to Wait Their Turn for COVID-19 Vaccine

NBA Joins NFL in Decision to Wait Their Turn for COVID-19 Vaccine

- 2 min read

The NBA gave its franchises and individuals a warning Christmas Eve that nobody in the league could cut in line for the first round of COVID-19 vaccines. In a memo released Thursday afternoon, the league made official their position on the FDA-approved Pfizer and Moderna vaccines, which started to be […]

Next summer's high-profile stakes races at Saratoga will be Lasix free under a re-instituted ban on the anti-bleeding medication in all New York Racing Association stakes races. (Image: NYRA)

New York Becomes Latest State Banning Lasix in Stakes Races

- 3 min read

The New York Racing Association became the latest racing organization to ban the use of furosemide (Lasix) for stakes races when it announced the prohibition of Lasix use within 48 hours of all NYRA stakes races. The new rule takes effect Jan. 1. Instituted by the New York State Gaming […]

Tennessee Shatters Online Sports Gambling Record in First Month of Operation

Tennessee Shatters Online Sports Gambling Record in First Month of Operation

- 2 min read

Tennessee jumped on the online sports gambling rally this fall, generating just over $131 million in its first full month of operation. The Volunteer State demolished Indiana’s opening month record of $35 million set in September 2019. November numbers released Wednesday from The Tennessee Education Lottery show the state also […]

Michael Jordan credits his older brother Larry (right) for making him a better basketball player. A new study suggests an older sibling is common among athletes that achieve at the highest levels. (Image: Dimitrios Kambouris/Getty)

Decoding GOATs: Study Reveals Secrets of Athletes Who Make History

- 3 min read

Athletic superstars — or GOATs — share certain traits, according to a recent study. Knowing what they are may help you raise one, or more importantly, draft one. When drafting a player, it may be as important to know if they have an older brother than their average yards per […]

Senate Majority Leader Mitch McConnell (R-Ky) discusses the Horseracing Integrity and Safety Act (HISA). Kentucky Republican Congressman Andy Barr (left) and Breeders' Cup President Drew Fleming were key supporters of the bill. (Image: Keeneland)

Congress Passes Horseracing Integrity and Safety Act

- 3 min read

The Horseracing Integrity and Safety Act, a bill once thought dead, passed in the US Senate late Monday night, taking up a small part of a $1.4 trillion government funding bill that included $900 billion for COVID-19 relief. President Donald Trump is expected to sign the bill, which the House […]

As Under Armour has cut ties with both colleges and pros, pinning all its hopes on its new Curry Brand. (Image: Under Armour)

Shoes News: Nike Crushes Earnings, UA Pins Recovery on Curry Brand

- 2 min read

Nike beat earnings expectations for the quarter ended Nov. 30. The athletic apparel company was able to boost revenues by 9%, even in the midst of the pandemic. Meanwhile, Under Armour is hoping its new “Curry Brand” will guide it back toward growth. Predictably, most retail companies have struggled this […]

Kentucky Derby futures bettors paid attention to Senor Buscadore's last-to-first victory in the Springboard Mile. (Image: Dustin Orona Photography/Remington Park)

Springboard Victory Puts Señor Buscadore on Derby Futures Boards

- 3 min read

Spielberg ran like he’s been on the Kentucky Derby Futures boards before. Señor Buscadore ran like he wants to be there. And just like that, he became one of 12 new horses appearing on either the Circa Sports or William Hill Nevada Derby Futures boards. Señor Buscadore earned his 35/1 […]

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