The son of Paddy Power’s founder, who carries the same name as the bookmaker, announced plans to launch “the world’s first sports trading exchange.” American Sportz Exchange will allow customers to buy or sell ‘shares’ based on how they predict a particular player or team will perform.
The local TV industry is one of the biggest winners of the 2018 Supreme Court verdict that lifted a ban on sports betting in the United States. According to ad-spend data released by Nielsen, money spent on online gambling advertising on TV has ballooned since the repeal of PASPA, as the number of states with…
The Kentucky Derby is the premier event on the horse racing betting calendar, but in a sport already known for scandal, the Derby has been the recent recipient of multiple black eyes. A failed post-race drug test from Derby winner Medina Spirit means that the results are in question for the second time in three…
Just because you can do something doesn’t mean you should. It appears the legal US sports betting industry was absent the day this lesson was taught in Sports Betting History 101. In fact, the fledgling industry looks to be hellbent on repeating every misstep made in the European markets.
Jim “Mattress Mack” McIngvale can’t catch a break. The Houston, Texas furniture store owner placed a significant bet on Essential Quality to win the Kentucky Derby this past weekend, only to see the favorite finish in fourth place.
Net-zero is all the rage, and it’s not just an aim in the debate around climate change. In the gambling sector, achieving zero harm for consumers from their gambling activities is similarly a goal that has come into vogue.
PokerGO has just announced a partnership deal with The Hendon Mob and Global Poker Index to host the Global Poker Awards starting next year through 2024. The poker awards show will take place in Las Vegas at the ARIA Resort & Casino within the PokerGO Studio. The awards showcase poker players who have impacted the…
Jim McIngvale, also known as Mattress Mack, is on his way to the Kentucky Derby to place a record-setting wager. The furniture store owner in Houston has made a name for himself in the sports betting world. For years, Mack has placed huge million-dollar bets on major sporting events, including the World Series and the…
Sling TV became the first live TV streaming service to integrate DraftKings’ sports betting information channel, DraftKings Basketball. As per a press release, this will be followed by the launch of DraftKings Baseball and DraftKings Hockey channels in the coming weeks.
A recent column from industry expert Richard Schuetz in Global Gaming Business reminded me of several articles about black market sports betting that I have written over the years, some predating the Supreme Court’s PASPA decision in May 2018. In these earlier columns, I laid out the advantages of offshore sportsbooks and illegal bookies over…
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