In a recent Fortune Magazine interview, Dallas Mavericks owner Mark Cuban said that legal sports betting was inevitable in the United States. Cuban was discussing his recent investments in "regular" sports gambling and eSports gaming companies. Cuban said his investments in eSports gambling platform Unikrn was a solid investment, because
The State Lottery of Massachusetts is interested in expanding its online operations in a number of directions, including social gaming and daily fantasy sports. Last week, the Massachusetts Lottery Commission issued a general call from technology firms for information on how best to expand online lottery ticket sales. It also
A man alleged to have shot and killed a retired California police officer in the parking lot of an Arizona casino has been captured. John Campus Sr. was arrested by Phoenix police after a week-long manhunt. Several witnesses claim they saw Campos shoot a man during a failed carjacking outside
New York Attorney General Eric Schneiderman appears to be taking ideas from the Kentucky district judge who leveled a punitive fine on PokerStars earlier this week. Schneiderman amended his lawsuit against DraftKings and FanDuel on Thursday night, seeking punitive damages against the daily fantasy sports companies. If Schneiderman has his
A Kentucky circuit judge awarded his state a massive windfall at the expense of PokerStars this week. If the award is upheld in court and other US states took the same path, it could bankrupt the world's number one poker site. Franklin County Circuit Judge Thomas Wingate awarded the State
The Nevada Gaming Control Board is monitoring the $140 million sale of the Las Vegas Review-Journal to the family of Sheldon Adelson. The Las Vegas Review-Journal has the largest circulation of any newspaper in Las Vegas, giving Adelson a key voice in the State of Nevada. When asked whether his
A public hearing has been set for January 7 to hear arguments on behalf of two competing plans for a New Jersey casino expansion outside of Atlantic City. The competing bills are being discussed in the General Assembly and the State Senate, respectively. The main dispute is whether the licensing
Democratic presidential candidate Bernie Sanders mocked Republicans for running to casino mogul Sheldon Adelson for donations on a campaign tour of Nevada today. While talking to a crowd of 2,000 people at a campaign rally, Sanders spoke of an "Adelson caucus". The comments come on a 2-day tour of Nevada
Sen. Harry Reid is estimated to have saved American casino companies roughly $1 billion in taxes when he eliminated taxes based on real estate investment trusts, or REITs, in the recent government budget omnibus bill. Companies like Caesars Entertainment and MGM Resorts have used REITs to shift company assets from the
Illinois Attorney General Lisa Madigan has ruled that daily fantasy sports is illegal under the laws of her state. In an opinion released on Wednesday, Madigan wrote, "It is my opinion that daily fantasy sports contests constitute illegal gambling under Illinois law." The decision is the latest hammerblow to the
State Senator Maria Sachs, a Democrat from Delray Beach has filed legislation which would create a Florida Department of Gaming. At the moment, three departments oversee gambling operations in the state, but Sen. Sachs believes the job would be done better by a single agency. When asked about the timing
Georgia lawmakers are discussing casino gambling as a way to raise funds for the HOPE scholarship program, a merit-based program which helps high-achieving students attend college at a discount. At the moment, the HOPE program is funded the Georgia State Lottery, but declining participation in the state-level lotto games mean
