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DraftKings Fined in Ontario Over Bonuses in Ads; PokerStars Latest to Launch
Gaming officials in Ontario Thursday announced DraftKings had been fined CAD 100,000 ($77,569). That's after it was alleged the Boston-based sports betting operator violated the Canadian province’s regulations regarding promotions. DraftKings advertised...
Atlantic City Casino Union Claims Victory, as New Contracts Reached
The Atlantic City casino union Unite Here Local 54 has reached new collective bargaining agreements with MGM Resorts and Caesars Entertainment. The contracts cover workers at Borgata, Caesars, Tropicana, and Harrah's. The...
Macau Casinos Win Just $310M in June, Worst Month So Far in 2022
Macau casinos in June experienced their worst monthly revenue performance since September 2020. June gross gaming revenue (GGR) totaled just MOP2.48 billion (US$310 million), 26% lower than May and a 62% drop...
UCLA, Southern Cal Shock College Football, Bolt from Pac-12 to Big Ten
About the only thing that stays the same in college football nowadays is change, and we received more of that on Thursday. News broke early in the day that Southern Cal and...
LIV Golf Hits the US, But Few States Allow Betting on Controversial Event
UPDATE (6/30 - 10:45 pm ET) - Article updated to include information on LIV Golf betting in Las Vegas. The LIV Golf Invitational Series comes to the US, as 48 players tee...
Sands Rebound Needs Two More Years, Says Moody’s
Wary Las Vegas Sands (NYSE:LVS) investors waiting on the casino operator to regain its lost form may be waiting another two years. That according to Moody’s Investors Service, which says a full...
Louisiana Moving Cash from Dormant Sports Betting Accounts to Unclaimed Property Fund
Louisiana will soon move cash from inactive sports wagering accounts to the state’s unclaimed property fund. That will potentially giving the state access to bettors’ forgotten funds. Under Act 510, which was...
Las Vegas Sands Among Top S&P 500 Spenders on Private Jets for Executives
Spending by S&P 500 companies on private air travel for top executives hit a record last year, and Las Vegas Sands (NYSE:LVS) was among the contributors to that trend. ISS Corporate Solutions,...
Joey Chestnut Favored to Wolf Down Most Hot Dogs During Nathan’s July 4 Showdown
Competitive eating superstar Joey Chestnut is once again the heavy favorite to wolf down the most Nathan's hot dogs during the company's annual Fourth of July International Hot Dog Eating Contest. Chestnut...
DraftKings, Penn National Offer Big Upside Potential, Says Analyst
In new, sweeping coverage of gaming equities, JMP Securities analyst Jordan Bender highlights downtrodden DraftKings (NASDAQ:DKNG) and Penn National Gaming (NASDAQ:PENN) as two of the stocks offering investors significant upside potential. Bender’s...