{"id":157757,"date":"2020-12-08T13:50:38","date_gmt":"2020-12-08T21:50:38","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=157757"},"modified":"2020-12-08T14:32:12","modified_gmt":"2020-12-08T22:32:12","slug":"vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/","title":{"rendered":"Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report"},"content":{"rendered":"

Vegas Golden Knights owner Bill Foley plans to enter the online gaming industry and wants his company to \u201cdominate\u201d it, according to a published report.<\/p>\n

\"Bill
Bill Foley, owner of the NHL’s Vegas Golden Knights, smiles as he visits one of the team stores. In a business merger, Foley is looking to expand into iGaming. (Image: Las Vegas Review-Journal<\/em>)<\/figcaption><\/figure>\n

Foley\u2019s company, Foley Trasimene Acquisition Corp. II, announced plans this week to merge with Paysafe Group Holdings Ltd., in a $9 billion transaction, according to the Las Vegas Review-Journal<\/em>. London-based Paysafe processes online payments, which is useful for online gamblers. Paysafe\u2019s clients include sports-wagering companies such as William Hill US and DraftKings.<\/p>\n

At the merger\u2019s completion, the company is expected to be called Paysafe Limited. The plan is for it to be listed under the symbol PSFE on the New York Stock Exchange. Foley would become board chairman.<\/p>\n

\n

Foley told the newspaper he wants Playsafe to \u201cdominate\u201d iGaming. He is seeking to establish Playsafe’s \u201ctie-ins with every major casino company that\u2019s headquartered or located in Las Vegas.\u201d<\/p>\n<\/div>\n

Foley is a familiar figure on the Las Vegas gaming scene. The National Hockey League\u2019s Golden Knights play their home games on the west side of the Las Vegas Strip at T-Mobile Arena. The arena is a short walking distance from several large hotel-casinos, including Park MGM and New York-New York.<\/p>\n

Brendan Bussmann of Las Vegas-based Global Market Advisors told the Review-Journal<\/em> that iGaming and sports betting are growth areas in the industry.<\/p>\n

Sports Betting Goes \u2018Mainstream\u2019<\/h2>\n

The increased popularity of sports betting was evident this year on Election Day. Voters approved sports wagering<\/a> in the three states where it was on the ballot. These states are Maryland, Louisiana, and South Dakota.<\/p>\n

Sports betting is legal in 19 states and Washington, D.C., according to the American Gaming Association website. It is legal but not yet operational in six other states, including Maryland, Louisiana, and South Dakota. Legislation is active or pre-filed in four more states.<\/p>\n

On an episode of CNBC\u2019s Mad Money <\/i>airing after the election, host Jim Cramer said states see an upside in the tax money from legal sports betting. That\u2019s one reason sports betting is \u201ctaking the country by storm,\u201d Cramer said.<\/p>\n

\n

Sports betting has gone mainstream,\u201d he said.<\/p>\n<\/blockquote>\n

A 2018 ruling by the US Supreme Court gave states the ability to make their own decisions on sports betting.<\/p>\n

Overwhelming Support<\/h2>\n

The vote in Louisiana underscores sports betting\u2019s mainstream acceptance.<\/p>\n

In the Bayou State, voters in 55 of the 64 parishes approved sports wagering within their parish. The measure passed with overwhelming support<\/a> in the parishes that are home to the state\u2019s largest cities, including Baton Rouge and New Orleans. In several parishes, more than 65 percent of voters approved the measure.<\/p>\n

Louisiana is home to 15 licensed riverboat casinos, a land-based casino in New Orleans, and four racinos. One riverboat casino, the Isle of Capri in Lake Charles, remained closed this week. It came unmoored during a hurricane in the summer and struck a bridge. No one was injured in the incident. A tugboat returned the floating casino to its original location.<\/p>\n

When legislators next meet at the Capitol in Baton Rouge, they will determine sports-betting regulation and taxation issues. Lawmakers also must decide whether sports betting will be allowed only inside casinos or also on electronic devices, such as smartphones.<\/p>\n

Authorities have said legal sports betting probably won\u2019t take place in Louisiana until at least 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

Vegas Golden Knights owner Bill Foley plans to enter the online gaming industry and wants his company to \u201cdominate\u201d it, according to a published report. Foley\u2019s company, Foley Trasimene Acquisition Corp. II, announced plans this week to merge with Paysafe Group Holdings Ltd., in a $9 billion transaction, according to the Las Vegas Review-Journal. London-based […]<\/p>\n","protected":false},"author":55,"featured_media":157758,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,19],"tags":[],"acf":[],"yoast_head":"\nVegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report - Casino.org Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report<\/title>\n<meta name=\"description\" content=\"Vegas Golden Knights owner Bill Foley plans to enter the online gaming industry and wants his company to \u201cdominate\u201d it, according to a published report. Bill Foley, owner of the NHL's Vegas Golden Knights, plans to offer online gaming and is meeting with Las Vegas casino executives on his iGaming merger.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report - Casino.org Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report\" \/>\n<meta property=\"og:description\" content=\"Vegas Golden Knights owner Bill Foley plans to enter the online gaming industry and wants his company to \u201cdominate\u201d it, according to a published report. Bill Foley, owner of the NHL's Vegas Golden Knights, plans to offer online gaming and is meeting with Las Vegas casino executives on his iGaming merger.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-08T21:50:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-08T22:32:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Bill-Foley-RJ.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1050\" \/>\n\t<meta property=\"og:image:height\" content=\"706\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Larry Henry\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Larry Henry\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/\",\"url\":\"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/\",\"name\":\"Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report - Casino.org Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Bill-Foley-RJ.jpg\",\"datePublished\":\"2020-12-08T21:50:38+00:00\",\"dateModified\":\"2020-12-08T22:32:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8b29707270b397c572e9fd8f0fb72952\"},\"description\":\"Vegas Golden Knights owner Bill Foley plans to enter the online gaming industry and wants his company to \u201cdominate\u201d it, according to a published report. Bill Foley, owner of the NHL's Vegas Golden Knights, plans to offer online gaming and is meeting with Las Vegas casino executives on his iGaming merger.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Bill-Foley-RJ.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Bill-Foley-RJ.jpg\",\"width\":1050,\"height\":706},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial\",\"item\":\"https:\/\/www.casino.org\/news\/financial\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8b29707270b397c572e9fd8f0fb72952\",\"name\":\"Larry Henry\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Larry-Henry-bio-headshot-96x96.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Larry-Henry-bio-headshot-96x96.jpg\",\"caption\":\"Larry Henry\"},\"description\":\"Gaming Regulation, Crime, Politics \u2014 Larry Henry is a veteran print and broadcast journalist who spent more than 16 years in Nevada, including serving as legislative reporter for the Reno Gazette-Journal and as political editor at the Las Vegas Sun. He's also written about popular culture for the Mob Museum in Las Vegas. As a broadcast journalist, he worked as managing editor at KFSM-TV, the CBS affiliate in Arkansas, where he now lives and where casino growth is a hot topic. A Marine Corps veteran and LSU graduate, he is also an avid movie fan, especially of classic film noir from the 1940s and \u201950s.\",\"url\":\"https:\/\/www.casino.org\/news\/author\/larry-henry\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report - Casino.org Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report","description":"Vegas Golden Knights owner Bill Foley plans to enter the online gaming industry and wants his company to \u201cdominate\u201d it, according to a published report. Bill Foley, owner of the NHL's Vegas Golden Knights, plans to offer online gaming and is meeting with Las Vegas casino executives on his iGaming merger.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report - Casino.org Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report","og_description":"Vegas Golden Knights owner Bill Foley plans to enter the online gaming industry and wants his company to \u201cdominate\u201d it, according to a published report. Bill Foley, owner of the NHL's Vegas Golden Knights, plans to offer online gaming and is meeting with Las Vegas casino executives on his iGaming merger.","og_url":"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2020-12-08T21:50:38+00:00","article_modified_time":"2020-12-08T22:32:12+00:00","og_image":[{"width":1050,"height":706,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Bill-Foley-RJ.jpg","type":"image\/jpeg"}],"author":"Larry Henry","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Larry Henry","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/","url":"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/","name":"Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report - Casino.org Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Bill-Foley-RJ.jpg","datePublished":"2020-12-08T21:50:38+00:00","dateModified":"2020-12-08T22:32:12+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8b29707270b397c572e9fd8f0fb72952"},"description":"Vegas Golden Knights owner Bill Foley plans to enter the online gaming industry and wants his company to \u201cdominate\u201d it, according to a published report. Bill Foley, owner of the NHL's Vegas Golden Knights, plans to offer online gaming and is meeting with Las Vegas casino executives on his iGaming merger.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Bill-Foley-RJ.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Bill-Foley-RJ.jpg","width":1050,"height":706},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/vegas-golden-knights-owner-looking-to-dominate-igaming-industry-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Financial","item":"https:\/\/www.casino.org\/news\/financial\/"},{"@type":"ListItem","position":3,"name":"Vegas Golden Knights Owner Looking to \u2018Dominate\u2019 iGaming Industry: Report"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8b29707270b397c572e9fd8f0fb72952","name":"Larry Henry","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Larry-Henry-bio-headshot-96x96.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Larry-Henry-bio-headshot-96x96.jpg","caption":"Larry Henry"},"description":"Gaming Regulation, Crime, Politics \u2014 Larry Henry is a veteran print and broadcast journalist who spent more than 16 years in Nevada, including serving as legislative reporter for the Reno Gazette-Journal and as political editor at the Las Vegas Sun. He's also written about popular culture for the Mob Museum in Las Vegas. As a broadcast journalist, he worked as managing editor at KFSM-TV, the CBS affiliate in Arkansas, where he now lives and where casino growth is a hot topic. A Marine Corps veteran and LSU graduate, he is also an avid movie fan, especially of classic film noir from the 1940s and \u201950s.","url":"https:\/\/www.casino.org\/news\/author\/larry-henry\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/157757"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=157757"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/157757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/157758"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=157757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=157757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=157757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}