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Wynn Resorts is expanding its casino portfolio. Upwards. On Thursday, the company revealed a $3.9 billion integrated resort plan in United Arab Emirates on the man-made Al Marjan Island in Ras Al Khaimah. The focal point of the development is a 1,000-foot tall hotel tower on the Arabian Gulf. The property will have everything one… Read more »
Remember when Redditors caused GameStop’s stock price to go crazy a couple years ago? Reddit was at it again on Tuesday, when a simple post caused sportsbooks to drastically adjust the odds on a player to be the top pick in this week’s NFL Draft. Kentucky’s Will Levis is considered one of the top quarterbacks… Read more »
Everyone knew it was coming The Aaron Rodgers era in Green Bay is over. On Tuesday, the Packers made it official: the future unanimous, stone-cold lock, first-ballot Hall of Fame quarterback has been traded to the New York Jets. Despite coming off one of the worst seasons of his career, Rodgers is a significant upgrade… Read more »
Yahoo has announced the acquisition of Wagr, a peer-to-peer sports betting app, for an undisclosed sum of money. “The acquisition of Wagr is an exciting step in the development of the next generation of Yahoo Sports’ gaming portfolio,” said Jim Lanzone, CEO of Yahoo. “Wagr stands out for their innovative emphasis on community and social… Read more »
A man who police believe is responsible for a Las Vegas casino robbery spree has finally been caught after several months of evading the authorities. Las Vegas police finally arrested 33-year-old Dshante Styles on Thursday; he is accused of six casino robberies and two carjackings. Police have not made public the names of the casinos… Read more »
Much ado about nothing In what is clearly money-grab situation, a man in Florida is suing Washington Wizards star Bradley Beal in response to a confrontation after a March 21 game in Orlando. Kyler Briffa is seeking damages in excess of $50,000, alleging Beal committed battery and assault. The Wizards, who were trying to climb… Read more »
I’m not one to hype the lottery and I am certainly not doing it right now, but hey, when there’s a feel-good story, there’s a feel-good story. And it’s not like I’ve never bought a lottery ticket. If there was ever anyone who deserved to win $2 million, it was Geraldine Gimblet. The Florida Lottery… Read more »
This is a fantastic time on the sports calendar. The Final Four just concluded in the last couple days, the first week of the baseball season is underway, and the NBA is in its stretch run as teams jockey for playoff position. One of those teams is the Minnesota Timberwolves, who, with three games left… Read more »
“That ain’t why I play the game.” The rise of sports betting in the United States has certainly brought people around the country a lot of fun and the sports leagues more eyeballs. One downside that I’m not sure that many people considered, though, was the negative effects the spread of betting can have on… Read more »
As the competition heats up for the three retail casino licenses in New York City, so does the opposition to Las Vegas Sands’ site proposal. In an open letter, the Trustees of Hofstra University expressed their disdain for LVS’ plan to build a casino in the area around Nassau Veterans Memorial Coliseum, known as the… Read more »
Money hopefully coming soon The dream that is Dream Las Vegas has become a bit of a nightmare. Construction on the luxury hotel-casino has been “fully stopped” because of funding issues. According to the Las Vegas Review-Journal, developer Bill Shopoff said he owes $25-$35 million for work that has already been done, but does plan… Read more »
Total mind-blower The Fairleigh Dickinson Knights were not even supposed to be in the NCAA Men’s Basketball Tournament. But there they were on Friday night, a lowly No. 16 seed facing the Big Ten champs and No. 1 seed Purdue Boilermakers. After 40 minutes, the Knights produced the biggest and most improbable upset in tournament… Read more »
Head up, eyes open The Seattle Police Department (SPD) put out a brief press release this week, urging people who visit casinos to take proper measures to ensure they stay safe when leaving a casino. According to the SPD, they have responded to “several” armed robberies involving gamblers going home from casinos. The SPD did… Read more »
Bookmakers love Houston and Alabama The NCAA Men’s Basketball Tournament begins today and with it will come tons and tons of betting. The American Gaming Association projects that 68 million Americans will wager $15.5 billion during March Madness. With that in mind, let’s take a look at who the sportsbooks are tabbing as the favorites,… Read more »
Risky waters In what seems like not the best idea in the world, the WWE is discussing with gambling regulators in both Michigan and Colorado the possibility of legalizing betting on the outcomes of wrestling matches. Scripted matches. What the WWE is banking on is that regulators will buy its argument that this is just… Read more »
“Isolated lapse in judgement” A year after he was suspended for violating the NFL’s gambling policy, Jacksonville Jaguars wide receiver Calvin Ridley has been reinstated. Ridley was eligible to apply for reinstatement on February 15, which he did; the league announced its decision on Monday. “Today’s reinstatement by the NFL brings an end to a… Read more »
Online leads the way Ohio’s results for the first month of legal sports betting are in and they are good. According to figures provided by the Ohio Casino Control Commission (OCCC), operators brought in $1.11 billion in handle in January, second only to New York ($1.79 billion). There are 16 online and 14 retail sportsbooks… Read more »
Plaintiff says ads were deceptive As the number of states in which sports betting is legal approaches 40, the hottest topic in the industry right now is arguably the ethics surrounding advertising and promotions. And now Caesars is in the spotlight, sued by a customer who claims the company’s sports betting ads were deceptive. Filed… Read more »
Just over a year since New York legalized sports betting, the New York State Gaming Commission (NYSGC) approved new restrictions on advertising. The rules by and large forbid sports betting marketing to underage individuals. The regulations will not take effect for 60 days, as they must first go through a public comment period. Among the… Read more »
The Encore Boston Harbor casino in Massachusetts just can’t seem to get this sports betting thing right. For the second time in the state’s first month with legal retail sports betting, Encore Boston Harbor taken illegal wagers. And once again, the bets were taken on a Boston College women’s basketball game. In Massachusetts, though college… Read more »
Pair of Minnesota bills The expansion of sports betting in the United States continues as lawmakers in Minnesota, Georgia, and North Carolina are making pushes to either legalize wagering for the first time in their state or add to its current offerings. In Minnesota, two related bills were introduced on Monday: House Bill 2000 and… Read more »
Sportsbooks pinged all weekend Super Bowl LVII was a success all around, but don’t tell the Philadelphia Eagles. Not only was the game itself close, high scoring, and entertaining, but interest in the event was sky high, as evidenced by both betting figures and television viewership. GeoComply reported that there were over 100 million geolocation… Read more »
One kick for millions If you watched Super Bowl LVII Sunday night – and congratulations to the Kansas City Chiefs – you may have seen a quick 30-second bit in which again-retired tight end Rob Gronkowski attempted to make a 25-yard field goal. It was a promotion for FanDuel and I must say, it was…odd.… Read more »
That was quick. About a week after sports betting became legal in Massachusetts, two of the casinos in the state that offer wagering violated regulations. Fortunately, what Encore Boston Harbor and Plainridge Park Casino did was not particularly egregious and both self-reported. The violation: taking bets on games involving in-state college teams. Specifically, Encore Boston… Read more »
Casino association asserts its rights If you’re the type of person who takes the poker term “under the gun” literally, you might want to leave your weapons safely locked up at home before your next jaunt to Atlantic City. On Monday, the Casino Association of New Jersey (CANJ) said that, despite a US District Court… Read more »
