“Casino,” a film by Martin Scorsese about the rise and fall of the mafia’s stranglehold on Las Vegas recently celebrated the 25th anniversary of its release in November of 1995. Starring Robert DeNiro and Sharon Stone, “Casino” is one of the best films ever made about Las Vegas and the […]
Gambling Industry
Kentucky Derby Futures: Big Winners Make Big Odds Leaps
The first page of this week’s Kentucky Derby futures board got tighter – partly a byproduct of two horses getting loose from their rivals last weekend. The first was Caddo River, who moved to 16/1 at Circa Sports and 15/1 at William Hill Nevada. Dropping beneath 20/1 at this point […]
Expert: Michigan Online Sports Bettors Should Benefit from Low Tax Rate
As Michigan online sports betting gets up and running, a tax expert tells OnlineGambling that consumers in the state will benefit from the state’s modest tax levy. While residents of The Wolverine State have been able to place bets in casinos for nearly a year, online betting just began on […]
Online Sports Betting Update: Connecticut and Texas File New Bills
In the wake of the pandemic, more states are pushing through online sports betting bills. Connecticut, which had a number of bills fail in previous sessions, may finally have a winner. Even gambling-averse Texas recently filed an online sports betting bill. A number of states rushed to legalize sports betting […]
Kentucky Supreme Court Rejects HHR Appeal, Lawmakers Up Next?
In the latest salvo fired in the ongoing debate about historical horse racing (HHR) machines in Kentucky, the state’s Supreme Court denied an appeal from the Kentucky Horse Racing Commission requesting a second opinion on the legality of those machines. The Kentucky Supreme Court refused to reconsider its Sept. 24 […]
If Kelly Loeffler Is Out as Atlanta Dream Owner, Is LeBron James In?
The WNBA confirmed on Tuesday that the Atlanta Dream will soon have a new owner. The pending sale, first reported by the Atlanta Journal-Constitution, will likely displace Kelly Loeffler, providing leadership more in step with the league and its players. Loeffler wedged herself between a rock and a hard place. […]
Coca-Cola Among Big Brands Bowing Out of Super Bowl 55 Ads
Last year, advertisers spent a record-breaking $435 million on Super Bowl ads, according to Kantar Media. This year probably won’t break any records, however, now that Coca-Cola, Pepsi, and Hyundai have decided to pass. A number of factors contributed to last year’s record Super Bowl ad spend. The NFL’s regular-season […]
Critics Raise Concerns Over New York’s Approach to Online Sports Betting
New York appears ready to finally legalize online sports betting within its borders, but critics warn the state’s approach won’t be great for consumers. With the state facing an $8.7 billion deficit brought on by the COVID-19 pandemic, Gov. Andrew Cuomo softened his stance on online wagering. He plans to […]
Mickey Mantle Rookie Card Tops $5M in Eye-Popping Sale
As the sports card market climbs to new heights, the industry witnessed its first card purchase exceeding $5 million on Thursday. Venture capitalist Rob Gough bought a 1952 Topps Mickey Mantle rookie card graded Mint 9 by Professional Sports Authenticators for $5.2 million through the PWCC Marketplace, ESPN reported. Few […]
Online Sports Betting in Virginia Will be Up in Time for Super Bowl Sunday, Lottery Officials Say
Virginians looking for their first taste of online sports gambling will get it before the biggest betting event of the year, according to officials. State lottery executives said this week that they’re on track to launch just before Super Bowl 55 on Feb. 7. Earlier this week, Virginia Lottery Executive […]
NFL Wild-Card Weekend Ratings Sag Despite Expanded Format
The NFL’s expanded slate on wild-card weekend, with several networks opting to expand their footprint by simultaneously broadcast on alternate networks or streaming, did not yield a ratings bonanza. Instead, overall viewer numbers were down year over year and in some cases were the lowest in five years or more. […]
Buzz City Win Streak, Gordon Hayward Leads Charlotte Hornets to 4-0 Uptick
It’s buzzing in Buzz City right now after the Charlotte Hornets won four games in a row to improve to 6-5 on the season thanks to leading scorer Gordon Hayward, who is putting up All-Star numbers. Plus, the #3 overall pick in the 2020 NBA Draft, LaMelo Ball, lived up […]
Powerhouse Owner, Breeder Prince Khalid bin Abdullah Dies at 83
Tributes from all over the racing world poured in Tuesday, remembering Prince Khalid bin Abdullah, who died Tuesday of undisclosed causes. The Saudi prince and nine-time Eclipse Award winner as owner and breeder was 83. A member of the Saudi Royal Family, Prince Khalid owned Juddmonte Farms, which announced the […]
Online Sports Gambling in Michigan Set to Go Live This Week
The wait is over for Michiganders as Richard Kalm, executive director of the Michigan Gaming Control Board (MGCB), said he expects the state to flip the switch for online sports betting within the next few days, and as soon as Tuesday night. Kalm noted Tuesday that final preparations in anticipation […]
Renowned Casino Mogul Sheldon Adelson Died Within Days of Leave
Las Vegas Sands founder Sheldon Adelson died on Jan. 11 at age 87. He died within days of taking a leave of absence as the company’s CEO to restart cancer treatments. Adelson successfully built a casino empire and amassed billions, but his political and online gaming legacy may prove as […]
Entain CEO Segev Bounces for DAZN in Wake of Attempted MGM Takeover
Entain CEO Shay Segev announced he is leaving his post less than a week after the company turned down an $11 billion takeover offer from online betting partner MGM. Segev said he’s headed to digital sports broadcaster DAZN and will join James Rushton there as a co-CEO. Speculation has run […]
Sportsbooks Could Get New NFL Futures Contracts to Hedge Risk
A new set of NFL futures contracts could help sportsbooks and stadium owners offload unwanted risk. If approved, Eris Exchange, LLC (ErisX), will offer moneyline, point spread, and over/under futures contracts for every NFL game. While sports bettors won’t be able to trade these contracts, they could benefit from better […]
Can Brick-and-Mortar-Heavy Las Vegas Sands Pivot Online Fast Enough?
In an industry-defining about-face, the Las Vegas Sands Corporation is likely to open online gambling operations this year, despite previous resistance from the company’s chairman Sheldon Adelson. But does the Sands have enough in reserve to reverse its decades-long, anti-online stance and spin up a viable online product? Adelson Created […]
NYRA, TSG Ban Trainer Guillot Over Racist Horse Name, Twitter Reference
Both the New York Racing Association and The Stronach Group’s 1/ST Racing affiliate banned trainer Eric Guillot from racing any of his horses or reserving barn space at any of their tracks after Guillot tagged one of his horses with an apparent racially offensive name. The horse’s name was Grape […]
Golden Gate Fields Gets Go-Ahead to Restart After COVID-19 Outbreak
Golden Gate Fields, shut down in November after a COVID-19 breakout ravaged its workforce, will resume racing Jan. 15, according to track owners, The Stronach Group. That ends a two-month shutdown of the Northern California track imposed when 24 workers initially tested positive for COVID-19. In the wake of that, […]