Location: +United States
Slot machines on the rise in U.S. and Canada, new count shows
There are more slot machines operating in casinos in the United States and Canada today than there were at the beginning of the year.... more
Maryland preempts Churchill Downs for Preakness, buys the IP rights for $85M
On June 19, the state of Maryland exercised an $85 million right of first refusal for the intellectual-property rights to the Preakness and... more
Ex-CFTC commissioner questions ‘economic purpose’ of sports event contracts
A former commissioner of the Commodity Futures Trading Commission (CFTC) questioned if sports event contracts could pass a “fundamental”... more
Gaming Laboratories International enters strategic partnership with investment firm CVC
Gaming Laboratories International and CVC, a public investment firm, on Monday announced it has entered into a strategic partnership to... more
Polymarket has flooded social media with deceptive videos by paid creators: Report
In his videos, George Makihara appears to have a lucrative side hustle making bets on Polymarket. In January, the college student posted a... more
‘Lucky Devils’ chronicles the exploits of three advantage gamblers who tried to beat casinos
Kit Chellel admits there were moments during the reporting of his book Lucky Devils: The True Story of Three Gamblers Who Beat the Odds and... more
Study finds sports betting may be straining household food budgets, and New York is at the center
A new research paper suggests legalized sports betting may be putting added pressure on some household grocery budgets. The finding carries... more
Ilitch family, owners of Detroit’s MotorCity, buying Misissippi’s Scarlet Pearl, taking full control of Ocean Atlantic City
Detroit’s billionaire Ilitch family, founders of the Little Caesars pizza chain, plans to make a bigger push into the gaming industry with... more
Prediction markets the hot topic at analyst conference
DraftKings and FanDuel parent Flutter Entertainment presented at the Jefferies Nantucket Consumer Conference on 17-18 June, and, according... more
Familiar themes dominate investment conference
The Jefferies Nantucket Consumer Conference was held June 16-17 and participants were largely upbeat. The prevailing sentiments were... more
