Illinois To Hold Hearings On Online Poker, Sports Betting

Illinois To Hold Hearings On Online Poker, Sports Betting

The state of Illinois will continue its years-long consideration of legalizing online poker sites with a pair of hearings slated for the coming weeks. State Rep. Bob Rita said in a press release that on Aug. 22 in Chicago, lawmakers will consider expanding the Illinois gambling market. The discussion will include sports betting opportunities that […]

The Latest: 2 firms OK’d for Jersey online sports betting

The Latest: 2 firms OK’d for Jersey online sports betting

ATLANTIC CITY, N.J. — The Latest on the rapid expansion of sports betting in New Jersey (all times local): 3:30 p.m. Resorts Casino Hotel and DraftKings have received approval to become the first companies to offer online and mobile sports betting in New Jersey. The New Jersey Division of Gaming Enforcement gave approval Wednesday afternoon […]

NBA strikes sports betting deal with MGM as official partner

NEW YORK (Reuters) – The National Basketball Association on Tuesday announced its first-ever official sports betting partner, MGM Resorts International (MGM.N), with the league agreeing to sell its official game data to the casino operator for undisclosed terms. Jun 19, 2016; Oakland, CA, USA; Cleveland Cavaliers forward LeBron James (23) and Golden State Warriors guard […]

Dover Downs Gaming & Entertainment: Ignore Sports Betting, Look At Massachusetts – Dover Downs Gaming & Entertainment, Inc. (NYSE:DDE)

Dover Downs Gaming & Entertainment: Ignore Sports Betting, Look At Massachusetts – Dover Downs Gaming & Entertainment, Inc. (NYSE:DDE)

It’s been a transformative 2018 for Dover Downs Entertainment (DDE). At the start of the year, DDE stock had lost 91% of its value over the preceding decade. Increasing competition – notably through gambling legalization in neighboring Maryland and Pennsylvania – pressured revenue. Efforts to reduce state-level taxes had failed repeatedly, leaving operating margins close […]

Now We Know The First PA Casino With Official Sports Betting Plans: Parx

Now We Know The First PA Casino With Official Sports Betting Plans: Parx

Online gambling company GAN announced on Monday morning that it would be providing the underlying sports betting platform for Pennsylvania’s Parx Casino. To date, there are no known applicants for a PA sports betting license. But the new deal appears to confirm that Parx is the first of the state’s 12 existing casinos to reveal its plans for […]

3 Sports Gambling Stocks to Bet the House On

3 Sports Gambling Stocks to Bet the House On

I’ve talked a lot about sports gambling stocks in recent weeks, and there’s no question that it is now fully in motion. Everything points to a strong boom following the monumental decision by the Supreme Court on May 14 to allow states to legalize sports gambling. There are multiple ways to profit, though they may […]

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