Southern Nevada sportsbook operator CG Technology (CGT) is expected to continue normal operations despite being hit with a third significant fine in five years from the Nevada Gaming Control Board (NGCB). In a stipulated settlement awaiting approval by the Nevada Gaming Commission (NGC) on Aug. 23, all components that make […]
Technology
CG Technology Fined $250,000 for Gambling Violations at Las Vegas Sportsbooks
CG Technology, which operates eight Las Vegas race and sportsbooks, has been hit with its third fine in five years. Regulators from Nevada Gaming Control Board charged the company with illegally accepting out of state bets, taking wagers after the contest was completed, and underpaying or overpaying players. As a […]
Pro Gambler’s ‘SuperLive’ Golf Odds App Pairs Big Data with In-Game Betting
A new golf betting platform called “SuperLive” seeks to capitalize on the popularity of golf as a wagering sport by offering a technology that creates more in-game betting options. The project is the brainchild of Martin de Knijff, a professional sports bettor, World Poker Tour champion, and competitive bridge player from Gothenburg, Sweden, […]
Betting on Elon Musk: Billionaire Tech Visionary Driving Tesla Towards Privatization
Tesla CEO Elon Musk has plans to take his car company private, but despite the favorable odds for him to pull Tesla off Nasdaq, it is far from a done deal. Musk put out a tweet on Tuesday saying he had enough funding for the maneuver, thus exciting both shareholders […]
FanDuel and Boyd Gaming Partner for Mobile Sports Betting Operations
The FanDuel Group and Boyd Gaming announced that they would join together to operate online sports betting products in the United States. According to a press release, the two companies will work together to establish mobile betting products in states where sports betting has been legalized and online wagering is […]
PGA Tour Wants ‘Royalty’ as Gambling Apps Fuel Golf Betting Boom
PGA Tour Vice President and Assistant General Counsel David Miller last week said his organization has no objection to betting on pro golf events. He sees growth potential for the sport thanks to mobile and online wagering, but also advocates for a “royalty” — as opposed to an “integrity fee” — […]