US gambling company DraftKings and its partner, Resorts Atlantic City, have reached a confidential settlement in a civil lawsuit accusing them of enabling and exploiting a compulsive gambler. As per the lawsuit, the compulsive gambler, identified only as Mdallo1990, allegedly stole nearly $1 million from his family to fund his addiction. The civil case was […]
DraftKings Settles Nearly $1m Lawsuit With New Jersey Family Read More »
A lawyer working for a company representing Kalshi has claimed that the sports predictions platform Kalshi’s use of odds and advertising bets does not make the site a sports betting platform. Josh Sterling, who works for Milbank, argues that while Kalshi presents bettors with the option to change pricing to American odds, Kalshi does not
The New Jersey Division of Gaming Enforcement has released its overview of gambling revenues in the state for June 2025. It shows that casinos and online partners generated $581.6 million in gaming revenue, an 18.4% increase from the $491 million generated in June 2024. Land-based casino gambling led the way with $259 million in revenue,
New Jersey Gaming Revenue Increases Over 18% Year-on-Year in June Read More »
NBA Commissioner Adam Silver said Tuesday that the NBA Board of Governors has formally instructed the league office to review potential expansion thoroughly. The directive, provided at meetings in Las Vegas, is the first formal league-wide move toward considering adding teams. No timeline has been established, but the study will concentrate on essential business considerations,
NBA Board of Governors Authorizes Formal Expansion Study Read More »
College athletics has reached a turning point, when on Friday, June 6, a federal judge approved an unprecedented $2.8 billion settlement that will, for the first time, enable U.S. colleges to compensate student-athletes directly, putting an end to the amateur system that has dominated college athletics for over 100 years. For centuries, NCAA rules banned
Game Changer: Judge Approves $2.8B Deal to Pay College Athletes Read More »
Global sports betting company Flutter has announced its 2025 first quarter results, which showed both earnings per share and revenue figures falling short of analysts’ expectations. The company recorded an adjusted earnings per share figure of $1.59, which was up 51% on a year-on-year comparison but was significantly lower than the $1.89 Wall Street consensus
Flutter First Quarter Results Hindered by March Madness, Despite 8% Year-on-Year Rise Read More »
The Texas Lottery Commission has voted to ban third-party couriers’ online sale of lottery tickets, reversing its long-standing position on the issue. The ban, passed unanimously on Tuesday, means that the Texas Lottery Commission has the power to remove the lottery license of any business that works with couriers. Couriers have operated in Texas for
Texas Lottery Commission Bans Online Courier Sales Read More »
Casino entertainment company Caesars Entertainment has announced that it will extend its partnership with slot developer AGS to become the first online casino to host the Triple Coin Treasures brand of slot games. The launch is set to happen later in 2025, with a rebooted Caesars-themed title. Before that, AGS and Caesars will release Shamrock
Caesars Entertainment Partners with AGS to Launch Exclusive Slot Title Read More »
The NFL Draft is one of the most exciting times for football fans, as they get to see their favorite College Football athletes join the professional league. However, the 2025 NFL Draft is also fun for bettors, who rely on talent evaluations and value differences between players to find valuable bets instead of focusing on
NFL Draft Betting Guide: How and Where to Bet Legally Read More »
Online gaming provider Incentive Games has revealed its new distribution deal with the online casino game developer Light & Wonder to distribute Incentive Games pay-to-play games across three continents. As part of the new deal, Incentive Games can distribute its online games, including its new arcade-style games, with help from Light & Wonder across several