On Monday, FanDuel Group announced plans to make “a multi-million-dollar” investment into Fairmount Park Racetrack in Collinsville, Illinois. In a press release, FanDuel Group said its plans include revitalizing the track, introducing new horse racing events, constructing a retail sportsbook at the track, and rebranding the venue as FanDuel Sportsbook and Horse Racing.
Twin River Worldwide Holdings is well on its way to becoming a significant player in legal online sports betting and gambling.
BetMGM Sportsbook expanded its parlay betting features with the launch of Parlay Builder by Betgenius.
An Illinois bettor who missed out on a nearly $32,000 horse racing betting payout due to a horse that tested positive for a banned substance received a $20,000 settlement last month from a lawsuit initiated against the horse’s trainer and owner.
The US greyhound racing betting industry has experienced a dramatic decline since its peak in the 1980s. Today, West Virginia is the only state where greyhound racing still occurs. Most of the nation’s greyhound race tracks closed for financial rather than legal reasons, and the sport is still legal across much of the United States….
More than two dozen horse racing trainers, veterinarians and others were indicted on Monday for their roles in a scheme that federal investigators describe as a “systematic and covert administration of illegal performance-enhancing drugs (“PEDs”) to racehorses competing across the United States and abroad.”
The ongoing rollout of sports betting and online gambling legislation across the country is already resulting in some eyebrow-raising revenue figures from some states. Despite increased access to legal gambling options and a strengthening domestic market, Americans still have access to illegal offshore gambling options that lack financial and responsibility safeguards.
Licensed sportsbooks in two states are ready to take wagers on the 2020 Oscars after receiving the approval of their respective gaming regulators.
Australian sports betting data and services provider BetMakers has secured an exclusive 10-year agreement to distribute fixed odds horse racing betting data and other content in New Jersey and beyond.
Yahoo Sports is getting into the sports betting business, at least indirectly. Today, Yahoo Sports began integrating odds into sports content. The changes will be visible to all eventually, but readers in New Jersey have the added option to click on the odds to place those wagers through BetMGM Sportsbook.
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