Gambling Companies

Gambling Companies, Gambling Stocks

FTX Crashing Crypto Exchange Exec Had Ties to Massive Poker Cheating Scandal

FTX Crashing Crypto Exec Had Ties to Massive Poker Cheating Scandal

The one-time attorney for the poker firm was heard on an audio tape "actively conspiring with the other principals in attendance to (a) publicly obfuscate the source of the cheating, (b) minimize the amount of restitution made to players, and (c) force shareholders to shoulder most of the bill"

Submitted by Nagesh Rath on, Nov/10/2022

SBC Announces 2023 Conference and Exhibition

SBC Announces 2023 Conference and Exhibition

With SBC Summit Latinoamérica rounding off the main 2022 events programme for SBC, the events and media company has announced details of its 2023 betting and iGaming industry conferences and exhibitions schedule.

Submitted by Press Release on, Nov/10/2022

California Sports Betting Propositions Go Down in Flames

California Sports Betting Propositions Go Down in Flames

Two sports betting ballot initiatives in the state of California failed miserably on Tuesday.  There won't be legalized sports betting in the Golden State for at least another two years as a result, and that's probably being conservative.

Submitted by Gilbert Horowitz on, Nov/09/2022

UFC Fight Under Investigation for Suspicious Betting

UFC Fight Under Investigation for Suspicious Betting

Multiple sportsbooks observed a pattern of unusual betting activities tied to a UFC bout that took place Saturday night.  The match between Darrick Minner and Shayilan Nuerdanbieke ended abruptly during the first round.

Submitted by Tyrone Black on, Nov/08/2022

DraftKings 2022 3rd Quarter Results Are In....And Here They Are

For the three months ended September 30, 2022, DraftKings reported revenue of $502 million, an increase of 136% compared to $213 million during the same period in 2021.

Submitted by Press Release on, Nov/04/2022

Hero Gaming Slashes Half its Workforce... Sands Pulls Plug on Web Gambling

Its CEO also is exiting after just 10 months on the job.

Submitted by Aaron Goldstein on, Nov/03/2022

6 Top Tier Game Options Available For Punters at Crypto Casinos

6 Top Tier Game Options Available For Punters at Crypto Casinos

Online casinos in recent years - especially since the global pandemic - are giving their conventional counterparts a run for their money.  This growth has also corresponded with the mainstream acceptance of digital currencies such as bitcoin. 

Submitted by Aaron Goldstein on, Nov/03/2022

Why Sports Betting Bills in California Are Doomed to Fail

Why Sports Betting Bills in California Are Doomed to Fail

Neither sports betting proposition is polling well just one week out from the midterms

Submitted by Gilbert Horowitz on, Nov/02/2022

SBC Summit LatinoAmerica Kicks Off Wednesday

SBC Summit LatinoAmerica Kicks Off Wednesday

One of the bigger conferences for senior executives in the Latin American gambling space has kicked off in Hollywood, Florida at the fabulous Seminole Hard Rock Hotel & Casino.

Submitted by C Costigan on, Nov/02/2022

Is 12Joker Malaysia a Good Online Casino?

Is 12Joker Malaysia a Good Online Casino?

If you are looking for an online casino in Malaysia, 12Joker may be a great choice. This site offers a wide variety of games, top of the line customer service, and even sports betting.

Submitted by C Costigan on, Nov/01/2022

Nate Diaz Favored to Fight Jake Paul Next Say Oddsmakers

Jake Paul Next Opponent Fight Odds After Beating Anderson Silva

Jake Paul remains undefeated in his boxing career and oddsmakers have the next fighter up for the YouTube sensation: Nate Diaz at 2-1.

Submitted by Don Shapiro on, Oct/31/2022

Apple Places Gambling Ads Next to Kids Games

Apple Places Gambling Ads Next to Kids Games

"I went to Apple’s “Our Favorite Kids’ Apps” section of the App Store, selected an app, and got presented with an ad for gambling. Not okay, Apple."

Submitted by Jagajeet Chiba on, Oct/28/2022

PointsBet Shoots Down Rumors of Impending Demise

PointsBet Shoots Down Rumors of Impending Demise

The rumors are “definitely not true,” a PointsBet flack declared.

Submitted by Thomas Somach on, Oct/27/2022

Despite Economic Slow Down, Casino Games Stay the Course

Despite Economic Slow Down, Casino Games Stay the Course

The gambling industry has been operating for 500 years.  Despite economic downturns that occasionally affect land-based casino properties year-over-year, online casinos show no signs of slowing down. 

Submitted by B.E.Delmer on, Oct/27/2022

Combat IQ, Bitcoin and Gambling Perfect Together

Combat IQ, Bitcoin and Gambling Perfect Together

Christian Giang, CTO and co-founder at Combat IQ, sat down with Kurt Wuckert of the CoinGeek Pulse to discuss how joining the sports analytics platform for Mixed Martial Arts combines his passion for martial arts and his knowledge of the machine learning space.

Submitted by Tyrone Black on, Oct/27/2022

Could PointsBet Go the Way of Fubo Gambling (or the Dodo Bird)?

Could PointsBet Go the Way of Fubo Gambling (or the Dodo Bird)?

The future is uncertain for PointsBet, especially in light of accusations made by the mysterious "Mr. X" back in September but one thing is for sure, The Malta Poker Festival has kicked off with a bang and continues to make its mark on the poker stage.  We look at both stories.

Submitted by Nagesh Rath on, Oct/26/2022

South Dakota Casino Operator in Trouble With Feds Over Racist Rant

South Dakota Casino Operator in Trouble With Feds Over Racist Rant

"We don't know the bad natives from the good one's", owner writes in email to other property owners.

Submitted by Jagajeet Chiba on, Oct/25/2022

Taxes on Casino Winnings in America - Useful Tips

Taxes on Casino Winnings in America - Useful Tips

All gambling winnings, whether $5 or $5,000, must be declared as "other income" on Schedule 1 (Form 1040) of your tax return.

Submitted by Aaron Goldstein on, Oct/25/2022

Card Player Founder Wins Own Tournament? Mouth 1 of 4 Left in NFL Survivor Pool Needing Bears

Card Player Founder Wins Own Tournament?

Our intrepid reporter Thomas Somach approached Barry's wife Allyn Jaffrey Shulman suggesting this might be viewed as a conflict of interest.

Submitted by Nagesh Rath on, Oct/24/2022

Is Bovada Legal in Iowa?

Is Bovada Legal in Iowa?

While Bovada is accessible from the great state of Iowa, it is not among the state-licensed apps.  Bovada is licensed internationally in various jurisdictions throughout the world and the website is available in most states, including Iowa.  While we like Bovada, we love BetUS. 

Submitted by Mary Montgomery on, Oct/21/2022

Maryland Due to Get Mobile Sports Betting Launch in December, BetR Founder Agrees Sector in U.S. Unsustainable

Maryland Due to Get Mobile Sports Betting Launch in December

"This isn't going to work over time if we're just trying to extract as much money from people as possible when they're betting on sports," Levy said of the current sports betting market in the U.S.

Submitted by Alistair Prescott on, Oct/20/2022

Liz Truss Steps Down, Boris Johnson Coming Back? Latest Odds, and a Casino Coming to Times Square?

Liz Truss Steps Down, Boris Johnson Coming Back? Latest Odds

The favorite as of Thursday morning was Rishi Sunak at +165 odds, paying out $16.50 for every $10 bet or $165 for every $100 bet.  Both Boris Johnson and another former PM, Theresa May, are among the mix.

Submitted by Alistair Prescott on, Oct/20/2022

Twitch Streamer Made Millions to Promote Gambling

Twitch Streamer Made Millions to Promote Gambling

There are two scandals that have gripped the gambling world in recent weeks.  The one involving Twitch now reveals just how much money was derived from gambling and bilking other streamers.

Submitted by Nagesh Rath on, Oct/19/2022

Finland Ready For A License?

Finland Ready For A License?

Finland is one of the few EU countries where gambling is still strictly regulated and organized by a state monopoly. For years, gambling has been under a monopoly, supported by almost all political forces. But now the clock is about to change, as it has proved impossible to manage the digital market at state level. 

Submitted by B.E.Delmer on, Oct/18/2022

Mass Sports Betting to Start in January, Fubo Shuts Down its Offerings After Huge Loss

Fubo Shuts Down its Offerings After Huge Loss

The commissioners says it could not agree on a timeline at a recent meeting in regard to online and mobile gambling but early March looks likely.  That would be just in time for the Men's NCAA College Basketball Tournament and March Madness.

Submitted by C Costigan on, Oct/17/2022

Hard Rock International and Seminole Gaming Win Two International Entertainment Buyers Association Awards

"We are honored to receive these awards from fellow entertainment industry leaders,” said Keith Sheldon, President of Entertainment for Hard Rock International and Seminole Gaming. "Our team continuously strives to provide the best entertainment experience to our guests with artists from all over the world.”

Submitted by Press Release on, Oct/17/2022

AZ Governor Betting: Kari Lake Interview Abruptly Cancelled, Katie Hobbs MIA

AZ Governor Betting: Kari Lake Interview Abruptly Cancelled, Katie Hobbs MIA

Republican Kari Lake is coming in as the -190 favorite to be elected the next Governor of Arizona.

Submitted by Gilbert Horowitz on, Oct/13/2022

Hustler Casino Live to Continue Streaming After Lew-Adelstein Brouhaha

Hustler Casino Live to Continue Streaming After Lew-Adelstein Brouhaha

The California Bureau of Gambling Control (CBGC) will permit the Hustler Casino live stream to continue following a brief probe.  The decision comes following a high profile cheating scandal involving a novice player, vibrating device and apparent threatening behavior. 

Submitted by Ace King on, Oct/13/2022

Rivalry Sees Record Third Quarter Betting Handle & Revenue Driven by Esports Betting

Rivalry Sees Record Third Quarter Betting Handle & Revenue Driven by Esports Betting

Record betting handle1 of $70.3 million in Q3 2022, up 203% year-over-year, and 83% quarter-over-quarter.

Submitted by Press Release on, Oct/12/2022

G2E: Sports Betting as it is Now is Unsustainable, Could Soon Be Like Uber?

G2E: Sports Betting as it is Now is Unsustainable, Could Soon Be Like Uber?

One of the hot button topics at this week's Las Vegas Global Gaming Expo centered around the ability of some several dozen legal U.S. sportsbooks to coexist in a climate where only one, FanDuel, has reported a profit in a single quarter dating back to 2018.

Submitted by Gilbert Horowitz on, Oct/11/2022

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