Gambling Industry

Moshe Hogeg talking to the Beitar Jerusalem fans before an Israeli league match. (Image: Twitter/middeeasteye)

Beitar Jerusalem Owner Arrested in Massive Crypto Fraud Case

The owner of Beitar Jerusalem in the Israeli Premier League has been arrested alongside seven others on charges of cryptocurrency fraud. According to the Israeli Police, the estimated worth of the fraud reaches hundreds of millions of U.S. dollars. Moshe Hogeg, the boss of Beitar, was held in the early […]

Formerly known as Fairmount Park, FanDuel Racing is ground zero for a battle between the Illinois Horsemen's Benevolent and Protection Association and Churchill Downs Inc. over whether CDI can operate its TwinSpires ADW in the state. (Image; Derik Holtmann/Belleville News-Democrat)

Illinois HBPA Rejects CDI’s Bid to Operate its ADW in the State

The board of directors of the Illinois Horsemen’s Benevolent & Protective Association rejected its consent for Churchill Downs Incorporated’s TwinSpires advance-deposit wagering (ADW) betting platform to operate in the state of Illinois. Under Illinois law, horsemen get consent rights for an ADW platform to operate in the state. State law […]

FanDuel Sportsbook will soon be offering live streams of tennis and some European soccer through its mobile betting app. (Image: Ed Scimia/997655.com)

DraftKings and FanDuel Still Waiting for Nevada Approvals

DraftKings and FanDuel still don’t have licenses to operate in Nevada, but that’s not for lack of trying. Both sportsbook companies have submitted applications to the Nevada Gaming Control Board. Their applications, however, have been “pending” for a considerable amount of time. It seems strange that two of the biggest […]

PSG won 4-0 against Real Madrid in the Champions League, with Diallo starting for the French giants. (Image: Twitter/PSG_Feminines)

PSG Women’s Team Member Held in Violent Attack on Teammate

Paris Saint-Germain midfielder Aminata Diallo is in police custody after an assault on one of her teammates on the women’s team. An attack that occurred last Thursday led to Diallo’s arrest. The midfielder was taken into custody on Wednesday by the Versailles Police. 31-year-old Kheira Hamraoui, another midfielder, was allegedly […]

Independence Hall (right), held off Code of Honor in the Keeneland slop to win Saturday's Grade 2 Fayette. This final stakes race of Keeneland's Fall Meet helped the track bring in a record handle. (Image: Coady Photography)

Bettors Give Keeneland an 85th Anniversary Gift: Record Meet Handle

Keeneland threw itself an 85th anniversary party and horseplayers responded with a wagering gift: a record $181 million in all-sources handle for its just-concluded Fall Meet. The 17-day Fall Meet, which ran from Oct. 8-30, brought an all-sources handle of $181,009,626. That destroyed the previous mark of $164,680,229, set during […]

Trainer Bob Baffert's Medina Spirit wired the field in the Grade 1 Awesome Again earlier this month. The star Baffert colt -- as well as his other Breeders' Cup entries -- will be allowed to run in the championships at Del Mar next month. (Image: Ernie Belmonte)

Breeders’ Cup Allows Baffert’s Horses to Run with Extra Conditions

After a nearly month-long “review process” on Bob Baffert’s status, Breeders’ Cup officials announced on Sunday that the Hall of Fame trainer can enter this year’s Nov. 5-6 event at Del Mar, with certain conditions. Those conditions include extra testing of his entries, which Baffert will pay for, along with […]

Milwaukee Bucks owner Marc Lasry resigned as Ozy Media's Chairman. Lasry, who is one of the companies investors joined the board in April. (image: CNBC)

Milwaukee Bucks Owner Quits Ozy Board Amid Bizarre Fraud Allegations

Milwaukee Bucks owner Marc Lasry quit as Chairman of Ozy Media amid allegations of corporate fraud. Ozy Media recently came under fire after its COO impersonated a YouTube executive to secure funding. And that wasn’t Ozy’s first bizarre misstep. Ozy Media was an up-and-coming online media company with a charismatic […]

The next time fans watch a sporting event from the former site of Arlington Park International Racecourse, it likely will be Bears instead of horses. The Chicago Bears entered an agreement with track owner Churchill Downs Incorporated to buy the race track property. (Image: Arlington Park)

Chicago Bears Enter Agreement to Buy Arlington Park From CDI

Four days after the gate went up on Arlington Park’s final race, Churchill Downs Incorporated announced it signed an agreement to sell the storied race track to the Chicago Bears. The story was first reported Tuesday evening by The Athletic. Under the Purchase and Sale Agreement (PSA), the Bears will […]

The Cosmopolitan casino will be changing hands again (Image: The Cosmopolitan)

Merger Roundup: MGM Buys Cosmopolitan, Endeavor Grabs OpenBet

It was another busy week in gambling mergers. MGM Resorts will pay $1.63 billion to operate The Cosmopolitan. Meanwhile, Endeavor will buy sports betting platform OpenBet from Scientific Games for $1.2 billion. While most of the mergers in the gambling industry involve sports betting, there are still a handful of […]

Sezer Ozturk wearing the Fenerbahce shirt in a Turkish Cup Game in 2012. (Image: dailysabah.com)

Former Star Sezer Ozturk Involved in Fatal Shooting Incident

Sezer Ozturk, a former Bayer Leverkusen, Fenerbahce, and Besiktas player, was reportedly involved in a shooting with fatal consequences. One person was killed, while four others were injured in the incident, which took place on Sept. 19. According to Turkish channel NTV Spor, witnesses at the scene claim Ozturk’s reaction […]

Real Madrid, Barcelona, and Juventus are the last three clubs that refused to quit the Super League project. (Image: skysports.com)

UEFA Drops Legal Action Against the Last Three Super League Clubs

Real Madrid, Barcelona, and Juventus, the three clubs still involved in the Super League project, won’t face further legal action from UEFA. The other nine clubs involved were initially ordered to pay fines after accepting guilt. UEFA abandoned those plans as well, for the time being. Proceedings directed against Real, […]

Soccer Football - Premier League - West Ham United FC is one of the Premiere league clubs Jarrod Bowen celebrates scoring their first goal with Vladimir Coufal.  (Image: Glyn Kirk/Reuters)

UK May Ban Gambling Ads on Jerseys Just as US Introduces Them

The UK is considering a ban on gambling company ads on the front of Premier League soccer jerseys. Meanwhile, Caesars Entertainment just announced it would advertise its sportsbook on the front of the Washington Capital’s NHL jerseys. The news highlights the countries’ contrasting sports betting history. Bookmakers have been legal […]

Arlington Park crowds like this made the Arlington Million one of the must-see races of the summer at any North American track. The 94-year-old Chicago-area track runs its final races Saturday. (Image: Arlington Park)

Another Race Track Enters the History Books: Arlington Park (1927-2021)

Arlington Park will command a lion’s share of the horse racing world’s attention Saturday. It will command that attention without a stakes race on its nine-race card. And many paying attention will do so with tears in their eyes. Saturday is the final day of Thoroughbred racing at Arlington Park. […]

DraftKings has launched the first retail sportsbook in New Hampshire at The Brook in Seabrook. (Image: DraftKings)

DraftKings Bids $20 Billion for Entain in Sports Betting Mega Merger

DraftKings offered to acquire the UK-based sports betting and gambling company Entain. Entain has a 50% stake in BetMGM and operates the Ladbrokes, PartyPoker, bwin, Sportingbet and Coral brands. CNBC’s sources report the offer is for $20 billion in DraftKings’ stock and cash. Investors quickly reacted to the news. Entain’s […]