Paddy Power and Betfair have agreed to a merger in a move which continues the consolidation trend in the gambling industry. The deal unites Paddy Power, a giant in the brick-and-mortar casino industry, and Betair, the world's largest Internet betting exchange. The deal allows the most prominent Irish gambling company
The Massachusetts Department of Transportation gave approval to Wynn Resorts to continue building their $1.7 billion casino in Everett, a suburb of Boston. MassDot had been signaling the gaming company's casino development might break Massachusetts environmental laws. J. Lionel Lucien on the Casino In an August 21 memo, MassDot public-private
In a week's time, ATP and WTA tennis players will gather in Flushing Meadow, New York to open the 2015 U.S. Open. Serena Williams is going for a historic grand slam, which has not happened in women's tennis since 1988. The Big Four of men's tennis--Novak Djokavic, Roger Federer, Andy
Legal sportsbooks in the United States want to be able to offer bets on the 2016 U.S. Presidential Election, citing the action foreign bookmaker sites receive with US political prop bets. The Nevada legislature is considering legalazing US prop bets, while one famous handicapper already offers betting odds--purely for entertainment
Judicial Watch is suing the U.S. Department of Justice over its 2011 legal opinion which opened the door to online gambling. The lawsuit by the conservative group is further sign that the forces of anti-gambling in the United States believe Restore America's Wire Act is unlikely to be passed. Judicial
Since it was announced that DraftKings had received licensing in the United Kingdom to launch its daily fantasy sports service there, gaming media have been critical of the move. Critical might not be the proper term; "hand wringing" might better describe what is being done. DraftKings is one of two
It was learned this week that the Borgata casino destroyed the playing cards which were used when poker pro Phil Ivey and Cheng Yin Sun won $9.6 million playing baccarat. Those cards would be considered evidence in the case, but Borgata's staff destroyed the cards after using them, which is
The Seminole Tribe's 30-day notice on a new gaming compact is 10 days away from expiring. If the deadline passes, then the Seminoles intend on continuing to offer banked games to customers, but cease payments to the state. The tribe argues that the state has been breaking the compact for
Amaya Gaming Group purchased the Texas daily fantasy sports service "Victiv" this week. Victiv will be rebranded as "StarsDraft" and launched in select markets at first. Eventually, StarsDraft is going to be linked with the PokerStars platform. Thus, Victiv is going to become the long-awaited daily fantasy sports unit of
Antigua and the United States finally are making progress on their long dispute over the online gambling industry. The two countries have been at odds for 12 years, since Antigua first took the US to the World Trade Organization's international court to seek redress. While no deals are in the
New Jersey media sources have produced rumors that State Senator Ray Lesniak is considering a run for governor. Raymond Lesniak is known in gambling circles as a pro-gaming, pro-casino lawmaker. Now, it appears he might be preparing to run against Governor Chris Christie's Republican successor. Due to charges of corruption,
The Caesars Entertainment Corporation bankruptcy proceeding got a little more complicated this week when one group of creditors sued another group of creditors. The junior lienholders, who currently have a lawsuit against the Caesars Entertainment Operations Company (CEOC), are now suing the first lienholders. The group of bondholders say the
