View image in fullscreen How computer-assisted wagering became horse racing’s insider trading Cash-strapped racetracks are selling out everyday bettors to whales who use algorithms to wager huge sums at friendlier odds. It’s a rigged system designed for the rich to get richer As the thoroughbred horse racing industry fades in America, I think back on
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A detailed study orchestrated by the Swiss Institute for Addiction and Health Research (ISGF), on behalf of the Swiss Federal Gaming Board (SFGB) and the Intercantonal Gambling Supervisory Authority (Gespa), has dissected gambling behaviors in Switzerland for the year 2022. Utilizing data from the Swiss Health Survey conducted by the Federal Statistical Office, this comprehensive analysis offers insights into the evolving landscape of gambling
Campaign spending for and against a high-stakes casino licensing ballot initiative in Arkansas has reached a record-breaking $30 million, making it the most expensive initiative in the state’s history. Issue 2, which could rescind a Pope County casino license, has garnered massive financial backing from stakeholders, reflecting the intense debate over casino expansion in the
Is Bally’s Las Vegas set to return to the Strip? It sure looks that way! And we have new renderings of what that resort could look like, along with the baseball stadium they plan to build right next door. But first, Delano Las Vegas will soon be no more! But don’t worry, they’re not tearing
May 29, 2023 Do you want to mix with your fellow PokerNews readers over a free-to-play poker tournament where there is $100 added to the prize pool? Of course you do! You can not only play in one $100 freeroll during June but four of them, thanks to the special relationship between PokerNews and PartyPoker.
The European Commission (EC) has extended the standstill period on Italy’s anticipated new licensing framework for online gambling, following objections from Malta. The EC’s decision, which delays Italy’s tender for online gambling concessions until 18 November, comes after Malta raised significant concerns about the technical and compliance requirements imposed on B2B businesses under Italy’s proposed
View image in fullscreen Opinion polls have Harris and Trump locked in a tight race. ‘Gambling polls’ say otherwise Election betting platforms have put Trump’s chance of winning higher, and with trust in media depleting, more people are turning to them Most gamblers might want to sit out the US election. It’s too close to
Rush Street Interactive, Inc. (RSI), a frontrunner in the online casino and sports betting industry across the Americas, disclosed its financial results for the third quarter ending September 30, 2024. The company achieved remarkable financial milestones, with revenue soaring to $232.1 million, marking a 37% increase from $169.9 million in the same quarter of the previous year. This
The UK gambling industry found temporary relief in Chancellor Rachel Reeves’ autumn budget, as previously speculated tax increases on the sector were notably absent. The budget, marking the Labour government’s first in nearly 15 years, introduced a sweeping £40 billion ($51.5 billion) tax increase aimed at stabilizing the economy. However, Reeves’ approach avoided burdening the
Our friends at Circa Las Vegas in downtown have just wrapped up a huge expansion of their hotel with the addition of more than a hundred rooms, bringing the total to 618. The construction took over nine months to complete and includes four brand new suites! Each of the new rooms features high ceilings, multiple
Oct 31, 2024 2 min read Table Of Contents Matt Petry thought he was being scammed when he got a message on FanDuel about being a finalist for Rob “Gronk” Gronkowski’s Gold Pass giveaway on the sports betting platform. But the 30-year-old firefighter from West Virginia’s skepticism faded when he learned that he had in
The French government’s initiative to legalize online casinos has encountered significant pushback from various stakeholders, causing officials to halt their proposed amendment to the 2025 budget. This amendment, originally submitted by Prime Minister Michel Barnier’s administration, aimed to bring France’s gambling laws in line with other European Union (EU) countries. However, the intense opposition from
Despite experiencing its third consecutive month of revenue decline on the Las Vegas Strip, Nevada’s overall gaming revenue saw a slight increase in September. According to data from the Nevada Gaming Control Board, statewide casino earnings reached $1.31 billion, up from $1.27 billion in the same month last year. This increment comes amidst a 1.8% drop on the
Lottery and gaming industry solutions provider Skilrock Technologies successfully showcased its innovations at the World Lottery Summit (WLS) 2024 in Paris. The event, held from October 21 to 24, served as a global platform for discussing the future of the lottery and gaming sectors. The company’s exhibit at the show attracted widespread attention from industry
Negotiations have begun over Pennsylvania online poker shared liquidity. And if you don’t know exactly what that is and why you should be excited, allow us a moment to explain. You see, poker is a game where you need lots of players. But regulated online poker is usually restricted to state boundaries, which limits the
Oct 30, 2024 2 min read Danielle “dmoongirl” Andersen, a longtime high-stakes poker pro, hit a hand at Aria in Las Vegas that would make any poker player envious. She tweeted out a photo and brief video of a hand that involved two straight flushes coolering multiple players in a double board pot-limit Omaha bomb
In a bid to clamp down on illegal online gambling, the UK Gambling Commission (UKGC) is set to release its first comprehensive study of the UK’s black market. Scheduled for publication in spring 2025, the study aims to provide the UKGC with data-driven insights into the scale of unlicensed gambling and inform its strategies for
View image in fullscreen The Guardian view on gambling: a public health approach is a good bet Editorial The industry points the finger at individuals. But addiction is a social problem that requires prevention as well as cure The regulation of internet gambling was left out of the last government’s online harms bill. So far,
Illinois has taken decisive action to uphold the integrity of professional football by imposing restrictions on specific types of NFL game bets. This measure comes directly in response to concerns expressed by the NFL, which fears certain bets could be easily manipulated by individuals such as players, coaches, or referees. Comprehensive overview of prohibited betting types: The Illinois Gaming
Gaming technology provider BetConstruct will showcase its products and solutions at the upcoming SiGMA Europe in Valletta, Malta, to be held on November 11-14. The event is set to gather thousands of delegates, more than 500 speakers, and 1000 sponsors and exhibitors. Also part of the event are networking sports side-events, parties, cultural activities, awards ceremonies,
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