David Stern had already admitted that legal sports betting in the U.S.was “inevitable.”
NBA Commissioner Emeritus David J. Stern doubled-down on his support for the expansion of legal sports betting during the Global Gaming Expo in Las Vegas. Take a look at what Mr. Stern had to say about protecting the integrity of sports.
Nevada casinos won just USD 861M in August, official numbers show.
According to Nevada state officials, gambling revenue was down 5% in August after Las Vegas Strip revenues took a sizeable dip.
Chief executive of the Rank Group Henry Birch.
The betting industry needs to address gambling addiction or it will go the same way as the tobacco sector, the head of one of Britain’s biggest betting firms has said.
Virtual sports, mobile games and SBG video lottery provider Inspired has announced that it has launched its latest On Demand Virtual Sports product, Rush Golf Live, initially on an exclusive basis with Betfred.
Interblock has signed a deal with Hit Gaming and Entertainment to install the award winning Pulse Arena at Perla Casino and Hotel in Nova Gorica, Slovenia, one of the largest entertainment providers in Europe.
Creditors will own about 70 percent of Las Vegas-based Caesars after the company and its bankrupt operating unit finish reorganizing sometime next year. According to Bloomberg, those creditors are still negotiating the details of who will govern the sprawling empire, which owns one of the most iconic brands in gambling and operates 47 casinos in six countries, said four people familiar with the talks.
The Columbus Dispatch reports a Franklin County judge earlier this week rejected Frederick Kinsey's claim that state constitutional amendments allowing casino gambling violates his federal constitutional rights.
Enrique Razon’s Bloomberry Resorts Corp., the hotel and casino operator of Solaire Resorts and Casino, has lost a case it filed against its former manager, Las Vegas-based Global Gaming Philippines LLG (GGAM).
Casino investor NagaCorp Ltd said in a filing to the Hong Kong stock exchange that it would not be proceeding to the final bidding stage for the single casino licence in Cyprus.
Chief executive John Haddock has left Betfred after three decades with the Manchester-based bookmaker, serving as CEO since 2014.
Singapore will allow limited online betting in tightly controlled conditions, the government said, as it eases a sweeping law banning remote gambling.
Ainsworth Game Technology (AGT) is celebrating the grand opening of its new $40 million North American headquarters with a presentation featuring high-profile guests and one-of-a-kind tours, the company said in a statement.
If a new casino is built in northern New Jersey, the state might receive enough revenue to reduce its budget deficit “slightly,” according to a Rutgers study. Beyond that no net substantial benefits are likely to be accrued by New Jerseyans; it would mostly be a south-north job swap.
A study of Republican presidential nominee Donald Trump’s record in Atlantic City shows that Trump casinos lost jobs at a greater rate than their rivals, while Mr. Trump personally profited, the Wall Street Journal reported.
The Pennsylvania Supreme Court has ruled that the municipal portion of tax on slot machines outside Philadelphia violates the state constitution because it effectively imposes different rates on casinos depending on their size.
Under the agreement, Gibraltar-based mobile gaming company Chopsticks will develop a range of popular mobile games into gambling titles that will be distributed by Greentube, part of NOVOMATIC Interactive, to its online, mobile, social and land-based channels.
Graton Resort and Casino officials offered a sneak peek inside their 200-room hotel expansion, which will transform the gambling palace on the edge of Rohnert Park into a full-fledged, Las Vegas-style resort complex.
The Board of Directors of Unibet Group are considering to propose a change of the name of the holding company Unibet Group plc to Kindred Group plc in order to improve synergy, clarity and flexibility around the Group’s multi-brand strategy, the company said.
