Since the Supreme Court invalidated the Professional and Amateur Sports Protection Act (PASPA) about six years ago, advocates of legalized sports betting have often cited the potential suppression of illicit wagering markets as a key rationale for its implementation. Despite…
J.B. Bickerstaff, the esteemed NBA coach of the Cleveland Cavaliers, has recently shed light on the challenges posed by the widespread legalization of sports gambling across the United States, a phenomenon impacting not only players but also referees, coaches, and…
A recent study reveals that a select group of video poker players, known as advantage players (APs), possess the expertise to diminish casino profits. Utilizing its innovative Video Poker Analyzer tool, Acres Manufacturing Company, a provider of cutting-edge customer loyalty…
In a recent incident at Oklahoma’s esteemed Remington Park Casino, an unsettling event unfolded, leading to the arrest of an alleged robber who terrorized a casino winner with the presence of a snake before absconding with their jackpot. The episode…
In a recent legal development, a Malaysian individual has confessed to participating in a scheme aimed at defrauding the Marina Bay Sands casino of a substantial sum totaling S$433,730 (US$315k) through strategic manipulation of baccarat games, purportedly facilitated by a…
In a decisive move, the Chinese government has issued a stern caution to its citizens regarding the engagement in gambling activities within casinos located beyond the borders of China, citing such actions as a direct infringement of national legislation. The…
In February, Atlantic City experienced a downturn in casino revenue, marking the second consecutive month of year-over-year decline in the market’s monthly earnings. Regulated by the New Jersey Division of Gaming Enforcement (DGE), which oversees all gaming activities in the…
A Florida resident has been handed a six-and-a-half-year prison sentence for embezzling $22 million from the Jacksonville Jaguars to support an extensive gambling habit. Amit Patel, aged 31, was convicted of wire fraud and engaging in illegal monetary transactions concerning…
In the realm of chance and fortune, 2024 has ushered in a narrative of anticipation for lottery enthusiasts across the United States. As we reflect on the previous year, where Mega Millions and Powerball jackpots found their fortunate winners multiple…
Iran’s Intelligence Ministry announced on Saturday a significant breakthrough in their ongoing efforts to combat illicit online activities, revealing the dismantling of what they described as the largest organized online gambling network targeting Iranian citizens. Dubbed Nitro Bet or “Nitrobet,”…
The eagerly anticipated Grand Island Casino Resort, a prominent addition to Nebraska’s gaming landscape, is set to unveil its doors at Fonner Park in the first quarter of 2025. Representing a significant investment of $100 million, this venture by Iowa-based…
During a session with the Nevada Gaming Control Board (NGCB) on Wednesday, executives from Bally’s (NYSE: BALY) addressed regulators, outlining efforts to address a financing gap of $800 million for its forthcoming permanent Chicago casino. Out of the estimated $1.1…