Independent Investigation to Probe Football Index Downfall

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It felt inevitable and now it is officially going to happen: an independent investigation will be launched into the sudden collapse of soccer betting site Football Index. According to a Sunday report in The Times, UK Members of Parliament (MP) were the catalysts for the inquiry, one of whom said, “something appears to have gone… Read more »

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Scientific Games Hit With Antitrust Lawsuit by Two Casinos

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Lawsuit alleges monopoly created by cheating If you have visited a casino or watched poker on television, you have almost assuredly seen an automatic shuffler built into the gaming tables. They are wonders of technology: when the hand is over, the dealer just grabs a new, shuffled deck from the device’s cute, little elevator and… Read more »

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Wynn Resorts Settles With Dealers Over Shared Tip Dispute

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Wynn Resorts has settled a pair of class action lawsuits with current and former table game dealers at Wynn Las Vegas and Encore. The lawsuits, which date back to 2013 and 2018, claim that the company unjustly took a share of the dealers’ tips. In the settlement, reached with a mediator from the 9th U.S.… Read more »

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“Mattress Mack” At It Again, Riding the Houston Cougars and a $1 Million Bet Into the Final Four

“Mattress Mack” At It Again, Riding the Houston Cougars and a $1 Million Bet Into the Final Four Thumbnail

This has been a weird, unpredictable college basketball season, but what has been predictable is that Jim “Mattress Mack” McIngvale placed yet another whopper of a bet. And with just four teams remaining in the NCAA men’s basketball tournament, he has a chance to win big. The furniture store owner known for making massive bets… Read more »

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South Dakota Casino Misplaces a Blackjack Card, Pays the Price

South Dakota Casino Misplaces a Blackjack Card, Pays the Price Thumbnail

Small fine for a small mistake Casinos keep track of every little thing. Everything. Casinos are all about numbers, whether it comes to money or the games themselves, so everything is about counting. Nothing goes unnoticed, uncounted, uncatalogued. That’s why the failure to spot one single playing card at a casino in Deadwood, South Dakota… Read more »

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Sportsbooks Welcome the Return of March Madness

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Wagers are pouring in The NCAA men’s and women’s basketball tournaments return in a few days after being canceled last year only about a week before they were to begin. Nearly everything in the world was canceled because of the COVID-19 pandemic – and we aren’t in the clear yet – but it was the… Read more »

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Could a Futures Contracts Market for Sportsbooks Happen?

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State-by-state regulation can expose sportsbooks The past week, I have had so many images of stocks, hedging, futures, and cryptocurrency in my head that I have gone on deep YouTube dives into clips and discussions of the film, The Big Short. And I didn’t even jump on any of the meme stocks or invest in… Read more »

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Michigan Online Sports Betting to Launch January 22

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Plenty of options More than a year after legalizing online gambling, the state of Michigan is finally, finally set to launch one branch of its industry. On Friday, January 22, online sports betting will go live for people over the age of 21 who are located within the state’s borders. State regulators have authorized nine… Read more »

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Lawmakers Introduce Sports Betting Bill in Georgia

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Money goes to education Georgia lawmakers are stepping up to the sports betting plate yet again. On Thursday, House Tourism and Economic Development Chairman Ron Stephens filed a bill which would legalize the pastime in the state, putting it under the control of the Georgia Lottery. Though Georgia just went “blue” in the presidential and… Read more »

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Entain CEO Leaving Company for Co-CEO Role at DAZN

Entain CEO Leaving Company for Co-CEO Role at DAZN Thumbnail

DAZN made an offer he couldn’t refuse Entain, the parent company of partypoker, announced on Monday that chief executive officer Shay Segev is stepping down from his position. He will stay on for six months or until his replacement is hired before moving to sports streaming platform DAZN as its co-CEO. It sounds like Segev’s… Read more »

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