Iowa’s Attorney General, Brenna Bird, has recently sought to dismiss a lawsuit filed by athletes implicated in a high-profile gambling investigation. This probe, which commenced in September, accused over two dozen current and former athletes of engaging in illegal sports wagers by utilizing accounts registered under other people’s names….
The tranquility of an otherwise ordinary Thursday afternoon at the Borgata Hotel Casino & Spa was abruptly shattered following a distressing anonymous threat. At approximately 4 PM, the Atlantic City Police Department (ACPD) received a chilling call from a man claiming to be a guest at the casino and…
Despite the solid fundamentals underscoring the casino sector, Barry Jonas, an analyst at Truist Securities, has expressed concerns about its recent underperformance. He suggests that investor worries about a potential consumer pullback are overshadowing the sector’s robust gaming fundamentals. In his note to investors, Jonas dismissed apprehensions about record…
The operators of large casinos in Las Vegas are embroiled in a significant legal battle as they seek dismissal of a civil lawsuit alleging their involvement in a sex trafficking scheme with underage prostitutes. This lawsuit, spearheaded by an anonymous plaintiff known as Tyla D., charges esteemed establishments such…
Earlier this year, rumors swirled about the potential sale of Rush Street Interactive (RSI), a leading player in the betting and gaming industry in the United States, and owner of the well-known brand BetRivers. These whispers began circulating in March, but concrete details have been elusive, with DraftKings standing…
New Jersey’s gambling regulators imposed a substantial $100,000 fine on the American gambling giant DraftKings due to what was labeled as “unacceptable conduct.” This penalty arose after DraftKings reportedly supplied incorrect sports betting data to the state, specifically overstating the amount spent on parlay bets and consequently delivering erroneous…
