Three NBA owners are investing in Sportradar AG, a sports data company which provides information for some of the world's largest international bookmakers. The investments by Mark Cuban, Michael Jordan, and Ted Leonsis are being reported that the team owners see legalized sports betting in the United States as "inevitable".
In Pennsylvania, online gambling legislation called House Bill 649 is being championed by Rep. John Payne. It is one of 5 bills proposed by different Pennsylvania politicians at the state level in the past couple of years (3 this year), but Payne's bill is the one most people assume has
In discussing his casino company's 3rd Quarter revenue reports, Las Vegas Sands Corp chairman Sheldon Adelson made comments directed at Steve Wynn's recent comments about Chinese officials. In a call with gaming analysts, Mr. Adelson defended Macau bureaucrats, who had not decided policies for several new resort-casinos set to open
Judah Rosenstein is the new State Director for the Pennsylvania chapter of the Poker Players Alliance. Mr. Rosenstein takes over the Pennsylvania PPA at a time when online gaming appeared to have little chance of passing this year. The state budget crisis has put iGaming back on the table, though
Preet Bharara, the U.S. Attorney best known in the gaming industry for the Black Friday indictments, has launched an investigation in daily fantasy sports. Michael McCann of Sports Illustrated said the news is the "most troubling legal development yet" for the daily fantasy sports industry. According to The Wall Street
Donald Trump has had to defend his history of bankruptcies while owning Atlantic City casinos. In the televised debates, the 69-year old real estate developer and reality TV star defended his use of American bankruptcy laws, highlighting the bankers and financiers who "made a lot of money along the way
Mandiant and FireEye, two American computer security firms, have located a new hacker group called Fin5. The group invaded the security of one online casino and stole at least 150,000 credit cards from the unnamed casino. More astounding, Fin5 is thought to have had access to the casino's database for
The Nevada Gaming Control Board declared on Thursday that daily fantasy sports is a form of gambling. The Control Board announced that companies which accept Nevada players need to be licensed first, or else they will be in violation Nevada state laws. Control Board Chairman A.G. Burnett said all companies
A Philadelphia appellate court voted to reconsider a ruling against New Jersey in its federal sports betting case. The ruling means August's 2-1 decision in favor of the NFL's lawsuit against New Jersey could be overturned. The 3rd Circuit Court of Appeals said back in August that New Jersey's attempt
Jason Chaffetz, who introduced Restore America's Wire Act to the U.S. House of Represenatives, is seeking to become the Speaker of the House. If the U.S. representative from Utah were to become the ranking member of the House of Representatives, the chances of RAWA passing would increase by a significant
The daily fantasy football scandal surrounding DraftKing and FanDuel this week has led to lawsuits, op-ed articles, and calls for regulations from U.S. officials. It would be hard to give a quick recap of the various opinions published, but a review of the possible regulations might be feasible, and is
Steve Wynn filed a libel on Thursday lawsuit against "unknown defendants" for leaking the subpoenas involved with the City of Boston's ongoing lawsuit against the Massachusetts Gaming Commission. Boston's suit stems from the MGC's handling of the license process which ended with Wynn Resorts being given a license for Everett,
