Real Madrid president Florentino Perez believes the creation of the Super League is the only way to control state-owned clubs. Talking at a club general assembly on Saturday, Perez defended his plans to form a breakaway league, saying it will only help the development of football as a whole. “The […]
Gambling Industry
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 […]
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 […]
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 […]
North Carolina Sports Betting Likely Dead This Session, Could Arise in 2022
A bill that would legalize sports betting across North Carolina probably won’t receive passage by the full Legislature in 2021, but advocates hope to push the bill next year. Senate Bill 688 got the OK by a 12-4 vote from the House Commerce Committee two weeks ago, but the session […]
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 […]
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 […]
Breeders’ Cup Reveals Intense Security Measures for Baffert’s Horses
The Breeders’ Cup may have been late to the Bob Baffert scrutiny party, but the organization is bringing a rather hefty punch to the proceedings. On Tuesday, it outlined to the Los Angeles Times the security measures the Hall of Fame trainer must adhere to for his horses to run […]
Michael Jordan’s Sneakers Sell for $1.47 Million, Breaking Auction Record
A pair of sneakers worn by Michael Jordan in his early days with the Chicago Bulls broke the public auction record on Sunday. The sneakers sold for $1.472 million. Subsequently banned by the NBA, the notorious sneaker design ignited sales of Nike’s Air Jordan 1. Last year, Christie’s auctioned a […]
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 […]
Las Vegs Raiders Head Coach Jon Gruden Resigns in Wake of Email Scandal
Jon Gruden stepped down as head coach of the Las Vegas Raiders in response to a brewing scandal involving a trove of salty emails he sent between 2011 and 2018 that were rampant with homophobia, racism, and misogynist content. According to a report by the NFL Network, Raiders owner Mark […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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. […]
Bolton Wanderers To Cut All Ties With Betting Organizations and Back Charities Who Support Gambling Addicts
League One club Bolton Wanderers will remove betting kiosks from their stadium and stop all dealings with gambling companies. The club in the English third tier will only allow involvement from the Football League (EFL) betting sponsors moving forward. Currently, the EFL has Sky Bet as its commercial partner. Bolton […]
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 […]